Fraud Alert: FCA Warns Against 10 Unlicensed Brokers

WikiFX | 2025-08-18 17:12

Abstract：The Financial Conduct Authority (FCA) issued a warning against ten unregulated brokers to raise public awareness and issue a scam alert. This is because the number of scam brokers is increasing in the forex market. You need to be informed when investing in the forex market.

The Financial Conduct Authority (FCA) issued a warning against ten unregulated brokers to raise public awareness and issue a scam alert. This is because the number of scam brokers is increasing in the forex market. Therefore, You need to be informed while investing in the forex market.

Name: ASSET FINANCE

Address: Nenthead Road

Email: support@bit-miner.live

Website: https://asset-finance.live

Name: Azalybit

Website: https://azalybit.com/

Name: BARRON Crypto

Website: https://barroncrypto.net

Name: CryptoApp

Website: https://cryptotappai.net

Name: DogeInvest

Website: www.dogeinvest.net

Name: debtadvisoryteam.co.uk

Website: https://debtadvisoryteam.co.uk

Name: fxgplatform.pro

Email: support@fxgplatform.pro

Website: fxgplatform.pro

Name: Remedi FX

Email: support@remedifx.xyz

Website: https://remedifx.xyz

Name: Quantara FX

Email: support@quantarafx.com

Website: https://quantarafx.com/

Name: Investi Smarts

Address: 55-61 HIGH ST, ELTHAM, UNITED KINGDOM, SE9 1TD

Email: support@investismarts.click

Website: https://investismarts.click

Why FCA Warning Matters?

An FCA (Financial Conduct Authority) warning is a serious alert that a broker or financial service is operating without proper authorization in the UK. The FCA is one of the worlds most respected financial regulators, and its role is to protect investors from fraud, scams, and unethical practices.

If a broker receives an FCA warning, it means:

1. The broker is not licensed or regulated by the FCA.

2. It is not allowed to offer financial services in the UK.

3. Your funds are not protected under UK financial laws.

4. You have no legal recourse if the broker disappears or refuses withdrawals.

Find the FCA Warning List Here

The latest list is available on the official FCA website. To view it, visit the website, go to the News section, and click on Warnings to see the latest list of scam brokers.

About FCA

The Financial Conduct Authority (FCA) is the United Kingdom‘s independent financial regulatory body responsible for overseeing financial markets and firms. FCA’s core responsibilities include protecting consumers, maintaining the integrity of the UK financial system, and promoting healthy competition within financial markets.

Stay Updated—Join WikiFX Community

Want to stay informed about the latest forex news and scam alerts in the forex market? Whether you're a beginner or an experienced trader, join our Telegram community: WikiFX India. We focus solely on educational updates, forex news, and market insights. We focus solely on educational updates, forex news, market insights, and verified promotional alerts related to the global forex market.

Forex trading Forex Broker Forex news forex market Scam Alert Investment Scam Fraud Alert

Related broker

Not Regulated

Remedifx

Company name：Remedifx

Score

1.51

Website：https://remedifx.xyz/

1-2 years | Questionable Regulatory License | Suspicious Operational Region | High Potential Risk

Score

1.51

EASY TRADING ONLINE Review 2026: Withdrawal & Account Block Complaints

Did your funds fail to reach your account despite being approved by EASY TRADING ONLINE, an Australia-based brokerage entity? Have you been subject to months of withdrawal delays despite being compliant with norms? Did your trading account suddenly become invalid upon a withdrawal request? All of these complaints have come up on broker review platforms such as WikiFX. This EASY TRADING ONLINE review studies multiple user complaints while also updating its existing regulatory status.

Original 2026-09-10 21:04

SEBI Commodity Position Limits 9 September 2026: 2% Caps and New Penalties Explained

SEBI changed India’s commodity derivatives position-limit framework on 9 September 2026, and the circular took effect immediately. The new SEBI commodity position limits double the client-level caps for agricultural commodities to 2% of deliverable supply for Broad commodities, 1% for Narrow commodities and 0.5% for sensitive commodities. SEBI also capped the daily monetary penalty for a client-level breach: ₹200,000 where the violation exceeds 2% of the prescribed limit, and ₹10,000 where it is up to 2%. Traders should not read the change as permission to ignore exchange risk controls; excess positions can still be squared off.

Original 2026-09-10 18:23

RYOEX review: Does the 20 May 2025 Legal Opinion Prove a Trading Licence?

RYOEX’s Saint Lucia licence-information link opens a legal opinion dated 20 May 2025. The document identifies 2023-00370 as a company number and describes the local legal framework; it is not a trading licence issued by a regulator. This RYOEX review separates that document from the website’s marketing language, checks the different statuses of two account complaints, and explains the separate authorisation question facing Indian residents.

Original 2026-09-10 18:18

SIMPLEFX Review 2026: Trading Chart Complaints Continue - What Traders Should Know

SIMPLEFX, a Saint Vincent and the Grenadines-based brokerage entity, receives complaints mostly about trading chart manipulations. Generally, while researching broker reviews, complaints usually centre on hassles concerning fund withdrawals. User complaints for this broker have come from many regions, including South Asia. This SIMPLEFX review examines these user allegations and shares its regulatory framework.

Original 2026-09-09 20:49