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Abstract:This article outlines he most recent list of unlicensed brokers flagged by the FCA from September 23 to 27.
The UKs Financial Conduct Authority (FCA), recognized as one of the most reputable financial regulators globally, continues to protect investors by issuing warnings against unlicensed brokers. These warnings serve as critical alerts for investors to avoid falling victim to investment scams, particularly in the fast-paced and often volatile forex markets.
Every year, countless investors suffer significant financial losses due to fraudulent brokers operating without proper licenses. In response to this growing issue, the FCA frequently updates its list of unregulated brokers to inform the public and protect traders from potential scams.
The FCA strongly advises investors to cease all interactions and investments with any unregulated brokers immediately. Those who find themselves dealing with such firms should reach out to the relevant enforcement authorities for assistance in recovering their funds.
The most recent list of unlicensed brokers flagged by the FCA from September 23 to 27 includes the following:
The FCA urges investors to exercise caution and verify the regulatory status of any broker before engaging in financial transactions to avoid falling victim to scams.
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.
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