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Abstract:On 14 June 2023, One of the best financial regulators in the world, FCA issued a warning against Sundell Limited and Immediate Connect.
On 14 June 2023, One of the best financial regulators in the world, FCA issued a warning against Sundell Limited and Immediate Connect. FCA warned investors not to invest with these brokers. However, they must be careful if they do, as these brokers lack broker licenses. Therefore, the risk may exist. They offer financial and investment services to clients without a license in the UK.
Name: Sundell Limited
Address: 27 Old Gloucester Street, London, UNITED KINGDOM, WC1N 3AX
Email: sundellltd@gmail.com
Website: https://www.sundell-fx.com/
Name: Immediate Connect
Address: UNITED KINGDOM
Email: info@immediateconnect.org
Website: immediate-connect.com, immediateconnect.org
FCA warned investors not to invest with these brokers. However, they must be careful if they do, as these brokers lack broker licenses. Therefore, the risk may exist. They offer financial and investment services to clients without a license in the UK.
They are accused of engaging in some illegal activities by the FCA. A firm or broker must have FCA authorization to sell, offer, or promote any financial services in the UK. These brokers, however, do not adhere to this rule.
About FCA
Financial Conduct Authority (FCA) is a regulatory body in the UK . The FCA's main role is to protect consumers by regulating financial products and services, promoting competition, and ensuring that financial firms are financially stable. The FCA also has the power to investigate and take enforcement action against firms that breach its rules and regulations.
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