ALERT: FCA Issued list of 25 unauthorised brokers

Fraud and scams happen all around the world – there were over 260 million scams across the globe in 2021, according to a report. The prestigious Financial authority released a list of 25 unauthorised brokers on 30 June 2023. FCA warned people to stay away from such brokers.

NAME OF UNAUTHORISED BROKERS

· Brisk Quid Finance/ briskquidfinance.com

· Wealth Finance / wealthfinance.net

· GasTrade Company / gastrade.company

· niketrade-fx.com

· Maxi Trust Miners Limited

· Bistroklub

· Quickline (Clone of FCA Authorised Firm)_

· HSE Trust

· Multichain Insider

· Havil Access

· swift-values.com

· Fortnetstationservices Capital Group

· Skywave Bank

· Capital Hub / capital-hub.io

· Fast Payday Loans (Clone of FCA Authorised Firm)

· MJ COININVEST PRO

· TRADE ONE FX

· ZADEPRO GLOBAL

· METABITEXCHANGE

· BOSTON CAPITAL

· ASSETALLIANCEINC.COM

· COIN TOP FX

· VERTEX PRIME

· White Bull Safety

· DENOXTRADE

We are providing you the screenshot of those brokers from FCA official website.

These brokers have been found to be operating without proper authorization and have been offering financial services without the necessary licenses. The FCA has advised investors to avoid these brokers and to report any suspicious activity to the authorities.

The FCA has also reminded investors to be vigilant when dealing with forex brokers and to conduct proper due diligence before investing any money. Investors should check the FCA's register of authorized firms to ensure that the broker they are dealing with is legitimate.

To know about the security and reliability of your chosen brokers, you can use Wikifx app. To expand your knowledge and stay informed about the forex market. Download the Wikifx app on your phones. Here is the Link to the download: https://www.wikifx.com/en/download.html