FCA exposed four unauthorized brokers on 26 June 2023

Financial conduct authority (FCA) released a list of Unauthorised Brokers on 26 June 2023. The brokers were found to be operating without the necessary licenses and were therefore in breach of the law. Here is the screenshot of all those brokers. You can visit the Website of FCA, Be aware and choose your broker with caution.

Name: Chainndex

Telephone: 07868819261, 07853745725

Email: peter.s@chainndex.io,

Name: Capital Finance and Investment Management Ltd (CFIM) ( Clone of UK Registered company)

Address: Kingfisher House, Hoffmans Way, Chelmsford, Essex

Website: www.capitalfinanceinvestmgtlimited.com

Name: capitalindex.org

Telephone: 02081575906, +442081571172

Mobile: 07862503927

Email: sasha.walters@capitalindex.pro,

sam.willson@capitalindex.pro,

support@capitalindex.pro

Website: https://capitalindex.org, https://capitalindex.pro/

Name: KM Asset Holdings

Telephone: 02074594527, 02074594421

Email: account@kmassetholding.co.uk

These brokers have been found to be operating without proper authorization and have been offering financial services without the necessary licenses. The FCA has advised investors to avoid these brokers and to report any suspicious activity to the authorities.

The FCA has also reminded investors to be vigilant when dealing with forex brokers and to conduct proper due diligence before investing any money. Investors should check the FCA's register of authorized firms to ensure that the broker they are dealing with is legitimate.

To know about the security and reliability of your chosen brokers, you can use the Wikifx app. To expand your knowledge and stay informed about the forex market. Download the Wikifx app on your phones. Here is the Link to the download: https://www.wikifx.com/en/download.html