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Abstract:The Financial Conduct Authority (FCA) has issued a warning against Bitwest broker. This broker is not licensed to carry out regulated activities in the UK.
The Financial Conduct Authority (FCA) has issued a warning against Bitwest broker. This broker is not licensed to carry out regulated activities in the UK. The FCA has advised investors to avoid doing business with this unauthorised firm. We are sharing Screenshot with you. Have a look and stay away from Bitwest broker.
Name: Bitwest
Telephone: +31682467828, 07588838872
Email: hailey.brooks@bitwest-group.pro,
jamie.ward@bitwest-group.pro,
support@bitwest-group.pro
Website: https://www.bitwest-group.pro/#/
The FCA has stated that this broker has been providing financial services or products without its authorization. The FCA has warned that investors who deal with unauthorised firm are not protected by the Financial Ombudsman Service or the Financial Services Compensation Scheme.
Investors are advised to check the FCA Register before dealing with any financial firm. The FCA Register is a public record of all firms and individuals who are authorized to carry out regulated activities in the UK. Investors who have been approached by the three unauthorised brokers should report them to the FCA immediately.
When we searched about Biwest broker on Wikifx . We discovered that it is not regulated broker. Also We noticed that It has a 0.99 score out of 10. Both of these signs are Redflag. You must stay away from it and protect your hard earned-money.
To expand your knowledge and stay informed about the forex market. Download Wikifx app on your phones. Here is the Link to the download: https://www.wikifx.com/en/download.html
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.