Be careful while choosing brokers, FCA advised

FCA has once again done its duty to crack down on unauthorized brokers exist in the forex market. FCA has released the list of these unauthorized brokers on the official website of FCA and warned people to be careful. There are three unauthorized brokers Wavefx.ltd Capital Group, FOREXAUTOPRO LIMITED, XBITMINE / XBITMINE.CO.UK,

FCA advises all investors to beware of these brokers. These brokers are not authorized by FCA and providing financial services to the individuals in the UK. The FCA stated that none of these brokers are legit. So it is unsafe to invest with these brokers. Financial Conduct Authority i.e FCA is the monetary administrative body of the United Kingdom. It manages monetary firms that provide various types of assistance to consumers and also regulates organizations based in the European Union and the rest of the world.

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