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Abstract: UK's Watchdog Financial Conduct Authority (FCA) issued a warning against an unlicensed firm, ForrestFX that is stealing money from innocent individuals.
UK's Watchdog Financial Conduct Authority (FCA) issued a warning against an unlicensed firm, ForrestFX that is stealing money from innocent individuals. Here are details of this fraudulent broker. Have a look and beware.
Name: ForrestFX
Address: 16-18 Monument Street, London, UNITED KINGDOM, EC3R 8A
Email: support@forrestfx.com
Website: www.forrestfx.com
This firm has been providing financial services or products without its authorization. The FCA advised Investors 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.
Review
When we searched for Forrestfx on Wikifx, we discovered this broker is unregulated. The brokers rating is lowest, 1.05 out of 10. Therefore, it's risky to invest with a broker. Wikifx issued a warning for traders and investors claiming
Warning: Low score, please stay away!
It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
About FCA
The Financial Conduct Authority (FCA) is a regulatory body in the UK that oversees financial markets and firms to ensure they operate fairly and transparently. 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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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.