FCA released list of 13 unauthorized brokers Recently

FCA has a prominent name in the financial industry. FCA fulfills its duty to aware forex traders and investors about fraud- unauthorized brokers which exist in the forex market. Time to time FCA publishes list of unauthorized brokers to protect public. Recently, This authority also released list of thirteen unauthorized brokers. Here are the screenshots of those brokers. You can see them and be cautious.

All of these brokers are not officially authorized by the FCA to provide financial services in the UK. Despite this they are providing financial services to the customers. All these brokers are involved in some or the other suspicious activities. These brokers cheat the customers by using the names and information of authorized brokers and firms. FCA stated that consumers need to be careful because they are not authorized by FCA. They are providing financial services to customers without following the rules and regulations related to the foreign exchange market.

WikiFX warns you to check the credibility of any broker before investing your money in any broker. You can gather information about any broker by visiting the WikiFX website. On WikiFX you can get information about more than 40,000 brokers and keep your valuable money safe. Here is the Link to the download: https://www.wikifx.com/en/download.html？source=fma3