6 New FCA -Unregulated Brokers 2023

Regulated authorised brokers are those who are registered and have licenses from esteemed authorities such as the Financial Conduct Authority (FCA), the Australian Securities and Investments Commission (ASIC), the Cyprus Securities and Exchange Commission (Cyprus), and the Financial Sector Conduct Authority (FSCA). Furthermore, forex brokers who do not have licenses are considered unregulated brokers. In this article, we are informing you about six recent FCA-unregulated brokers.

Name: 4XEX/4xex.com

Telephone: 44618421280

Mobile: 07897030365, +447488803419

Email: analyst@4xex.com,

max.an@4xex.com,

cs@4xex.com,

compliance@4xex.com,

info@4xex.com,

markus.pr@4xex.com,

christine.he@4xex.com

Website: https://4xex.com/

Name: TimBullman / Tim Bullman

Address: 40 Basinghall st, London, EC2V 5DE

Telephone: 02081576893

Mobile: 01515417100

Email: customer.service@timbullman.com

Website: www.timbullman.com

Name: Crypto Wealth Expert / www.cw-expert.co

Email: support@cw-expert.co

Website: https://www.cw-expert.co/#

Name: MARKET BY CRYPTO TRADE

Address: 30 St Mary Axe, London, UNITED KINGDOM

Email: support@startcryptotrade.com

Website: www.shopcryptobroker.com, https://startcryptotrade.com/

Name: Bitfinex / bitfinex.com

Website: bitfinex.com

Name: KROST GLOBAL CAPITAL PARTNERS

Address: 111 John Street, New York, NY, UNITED STTATES OF AMERICA, 10038

Telephone: +12128639942, +1719626802

Fax: +12122734304

Email: info@krostglobalcapital.com,

admin@krostglobalcapital.com

Website: www.krostglobalcapital.com

While exposing these Unauthorised brokers, the FCA stated that almost all firms and individuals must be authorised by us if they offer, promote, or sell financial products or services in the UK. But these firms are not authorised by us and are targeting UK citizens.

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.

About FCA

The Financial Conduct Authority (FCA) is a regulatory body in the UK that oversees financial markets and firms to ensure they operate in a fair and transparent manner. The FCA's role includes supervising financial institutions, enforcing regulations, and protecting consumers from financial harm. The authority also works to promote competition in the financial industry and to maintain the integrity of the UK's financial system.

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