简体中文
繁體中文
English
Pусский
日本語
ภาษาไทย
Tiếng Việt
Bahasa Indonesia
Español
हिन्दी
Filippiiniläinen
Français
Deutsch
Português
Türkçe
한국어
العربية
Warned by FCA! USGFX UK No Longer Holds FCA License
Abstract：The information on the FCA's official website shows that USGFX UK (Union Standard International Group Limited) no longer has regulatory authorization from the FCA as of December 16, 2022.
And before that, the company canceled its ASIC and VFSC licenses, and so far it has NO financial license!
USGFX was founded in 2006 and declared bankruptcy on July 8, 2020, in Australia, after which, USGFX's AFS license in Australia was officially suspended less than a month later. On September 14 of the same year, USGFX's AFS license was officially canceled.
USGFX had informed clients that they could transfer their accounts originally under ASIC supervision to the UK FCA or Vanuatu VFSC supervision according to notices within their accounts, but many clients fed back that USGFX had not processed their withdrawal requests in recent years. Later, the company canceled its VFSC license. Until last month, USGFX UK's FCA license also lapsed. By this point, the broker was not authorized by any regulator and also received a warning from the FCA on Dec. 29.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
Read more
The Ultimate Guide to Automated Forex Trading in 2025
Modern markets are revolutionized by automated trading systems, which now execute 70-85% of all transactions. These advanced automated trading software solutions, commonly called trading robots or Expert Advisors (EAs), leverage algorithmic precision for automatic trading across forex, stocks, and commodities 24/7. By removing emotional interference and executing trades in microseconds, auto forex trading platforms create fair opportunities for all market participants. For those new to automated trading for beginners, these systems provide disciplined, backtested strategies while significantly reducing manual effort.
Anti-Scam Groups Urge Tougher Action on Fraudsters in UK
Anti-scam groups demand tougher police action on fraudsters as UK fraud rates surge 19%, targeting millions in a penalty-free crime spree exposed by a $35m scam leak.
Will natural disasters have an impact on the forex market?
The forex market is known for its rapid responses to global events, but the influence of natural disasters, such as earthquakes and typhoons, can be less straightforward. While headlines may scream about catastrophic damage and economic disruption, the long-term effects on currency values often depend on a blend of immediate shock and underlying economic fundamentals.
Philippines Deports 29 Indonesians Linked to Online Scam Syndicate in Manila
Online scam groups in the Philippines trick Filipinos into gambling and love scams, from Manila to Bacolod, causing trafficking and pain as police fight back.
WikiFX Broker
Latest News
How Crypto Trading Transforms FX and CFD Brokerage Industry
WikiFXUK would not hesitate to retaliate against US tariffs - No 10 sources
WikiFXFCA Warns Against 10 Unlicensed or Clone Firms
WikiFXCySEC Warns Against 14 Unlicensed Investment Websites
WikiFXTop Currency Pairs to Watch for Profit This Week - March 31, 2025
WikiFXWill natural disasters have an impact on the forex market?
WikiFXPhilippines Deports 29 Indonesians Linked to Online Scam Syndicate in Manila
WikiFXNavigating the Intersection of Forex Markets, AI Technology, and Fintech
WikiFXExposed: Deceptive World of Fake Trading Gurus – Don’t Get Fooled!
WikiFXAI-Powered Strategies to Improve Profits in Forex Trading
WikiFXCurrency Calculator
