FCA blacklisted Nine Fraudulent Brokers on 5 June 2023

On June 05, 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: AlgoForex

Address: The Clubhouse, Mayfair, London, W1K 3QT

Telephone: +442071889892

Email: support@algoforexuk.com

Website: www.algoforexuk.com

Name: Swiffbit

Address: 237 W 35th St Suite 602 -5th Floor, New York, NY 10123

Telephone: +16782529186

Email: support@swiffbit.com

Website: www.swiffbit.com

Name: EJ Profit

Address: Euston Tower, 286 Euston Road, London - UnitedKingdom, NW1 3DP

Telephone: +441133284061

Email: info@ejprofit.com

Website: www.ejprofit.com

Name: Fchain-Network

Address: No4 Robinson, New South Wales, Australia

Imperium Tower (Headquarters) Jl, Prof Dr Satrio, Kuningan,Jakarta - Indonesia, 12920

Email: admin@fchain-network.com

Website: www.fchain-network.com

Name: VERTEX DIGITAL

Address: 20-22 Wenlock Road, London, England, UNITEDKINGDOM, N1 7GU

Email: support@vertexdigitallimited.com

Website: https://vertexdigitallimited.com

Name: GULFSHORE TRADING

Address: 300 Bath St, Glasgow, UNITED KINGDOM, G24JR

Telephone: +447824069086

Email: support@gulfshoretrading.com

Website: https://gulfshoretrading.com

Name: Max FX Global

Address: 71-75 Shelton Street, London, England, WC2H 9FLo

Email: support@maxfxglobal.com

Website: www.maxfxglobal.com

Name: Proton Live Trading

Email: contact@protonlivetrading.com

Website: www.protonlivetrading.com

Name: TheGoldencoinmining / Phonix Fxtrade

Address: 1613 Fire Access Road, Mcgregor, United State

Telephone: +17865779123

Email: support@goldcoinmining.com

Website: www.goldencoinmining.com

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 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？

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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