BEWARE!!!Financial Conduct Authority Issued Warning against Unauthorised brokers

Financial Conduct Authority(FCA) One of the best financial regulators in the world, issued a list of unauthorized forex brokers on 18 May,2023. The list includes these unlicensed brokers: TyrexFX, JPY500,FSC Options, Reclaim Right, Richardson Lewis / Richardson XE, Ternary Group FX, SUPRA ALGO FX

Name: TyrexFX

Address: Battery Park, New York, USA

Telephone: 7195013283

Website: www.tyrexfx.com

Name: JPY500

Address: River House, 48 - 60 High St, Belfast, UNITED KINGDOM, BT1 2BE

Georges Quay House, 43 Townsend St, Dublin, IRELAND, D02 VK65

Arenco Building, Sheikh Zayed Rd - Dubai, United Arab Emirates, UNITED ARAB EMIRATES

63 Market St, 22-00, Singapore, SINGAPORE, 048942

Telephone: +442896205029

Email: support@jpy500.com

Website: https://jpy500.com/

Name: FSC Options

Address: London, UK

Telephone: +447476830917

Email: support@fscoptions.com

Website: www.fscoptions.com

Name: Reclaim Right

Website: https://reclaimright.com/

Name: Richardson Lewis / Richardson XE

Address: 61 Robinson Road, SINGAPORE

Telephone: 02045865374, 02035144148

Mobile: 07838679982, 07508656359

Email: support@richardsonxe.com,

support@richardsonlewis.com,

michaelmiller@richardsonlewis.com,

josefschmidt@richardsonlewis.com

Website: www.richardsonxe.com, https://www.richardsonlewis.com/, www.richardson-lewis.com

Name: Ternary Group FX

Address: 20 Primrose Street, London, UNITED KINGDOM, EC2A 2EW

Telephone: 07418374551

Email: contact@ternarygroupfx.com

Website: www.ternarygroupfx.com

Name: SUPRA ALGO FX

Address: Sumpfstrasse 26, 6312 Steinhausen, SWITZERLAND

Email: support@suprafxmgtld.com

Website: www.suprafxmgtld.com

The FCA has stated that these companies have been providing financial services or products without its authorization. The FCA has warned that investors who deal with unauthorised firms are not protected by the Financial Ombudsman Service or the Financial Services Compensation Scheme.

Investors are advised 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. Investors who have been approached by the three unauthorised brokers should report them to the FCA immediately.

When we searched these brokers on Wikifx . We discovered that these are not regulated brokers. They dont have licenses. We noticed that these brokers scores are also not satisifying . All of them have 0.99 out of 10 . All of these are just red flags. You must not ignore.

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