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Abstract:On May 09, 2023, Financial Conduct Authority (FCA) released a list of nine unauthorized brokers. They are not FCA-licensed. Investors should exercise caution if they are dealing with these unregistered financial institutions.
On May 09, 2023, Financial Conduct Authority (FCA) released a list of nine unauthorized brokers. They are not FCA-licensed. Investors should exercise caution if they are dealing with these unregistered financial institutions. Here are the names and screenshots of these brokers.
Name: TradePip
Address: 66 Great Suffolk St, London, SE1 0BL
Telephone: +181694579444
Email: support@tradepip.online
Website: www.tradepip.online
Name: Paypoint invest
Address: Staveley Gardens, London, UNITED KINGDOM, W4
Email: admin@paypoint-invest.site
Website: www.paypoint-invest.site
Name: BullCapitalFx LTD
Address: 66 Great Suffolk St, London, UK, SE1 0BL, 101 West Broadway, San Diego, USA, CA 92101
Telephone: +13239929013
Email: support@bullcapitalfx.com
Website: www.bullcapitalfx.com
Name: GLOBAL KINTEX LTD
Address: Staveley Gardens, London, UNITED KINGDOM, W4
Email: support@global-kintex.ltd
Website: www.global-kintex.ltd
Name: Global X / globalx.company
Address: Octagon Point, 5 Cheapside, London, ENGLAND, EC2V 6AA
Telephone: 02081571006, 02081571005, 02070978336, +46812420370
Email: georgecardoso@globalx.company,
lucasclaes@globalx.company,
dominickobal@globalx.company,
erikpilaa@globalx.company
Website: globalx.company
Name: CoinAssets Finance / CoinAssetsFinance
Address: London, United Kingdom
,1 Front St W, Toronto, Canada, ON M5J 2X6
Telephone: +447476433783
Email: support@coinassetsfinance.com
Website: www.coinassetsfinance.com
Name: ALLEN & ASSOCIATES LLC / www.allenandassocllc.com
Address: 28 Liberty Street, New York, NY, UNITED KINGDOM, 10005
Telephone: +17165033375, +18082073783
Fax: +17165926324
Email: info@allenandassocllc.com
Website: www.allenandassocllc.com
Name: Binary Crypto Trading LTD
Address: 66 Great Suffolk Street, London, United Kingdom, SE1 0BL
217 Summit Blvd, Birmingham, AL 35243
Email: support@binelitetrade.com
Website: www.binelitetrade.com
Name: Wealth Future/Profit Station (Clone of FCA Authorised Firm)
Telephone: 442081577566
Email: support@wealtfuture.org,
support@profitstation.org,
sophiejones@profitstation.org
Website: https://wealthfuture.org, https://profitstation.org
These brokers or financial firms are not permitted to provide financial services in the United Kingdom. The FCA has issued warnings that these companies may be running fraud. So kindly stay away from that. Choose a financial firm that has not been authorized by a respected financial organization. Checking if your investment is properly licensed is the best way to assure that it is in excellent hands and fully complies with all rules. Whom do you believe if you don't believe the warnings of the FCA, a respectable financial regulator?
When we searched the Wikifx website for these brokers. We discovered that some of these brokers are not regulated. Furthermore, they all have extremely low scores. It denotes risk. Investors must take the FCA's warnings seriously and avoid investing with these firms. We are sharing screenshots of those brokers with you. Have a look and be safe.
About FCA
Financial Conduct Authority (FCA) is a regulatory body in the UK . The FCA's main role is to protect consumers by regulating financial products and services, promoting competition, and ensuring that financial firms are financially stable. The FCA also has the power to investigate and take enforcement action against firms that breach its rules and regulations.
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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.