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Abstract:The prestigious regulator, the Financial Conduct Authority (FCA), exposed two cloned firms on September 8, 2023.
The prestigious regulator, the Financial Conduct Authority (FCA), exposed two cloned firms on September 8, 2023. The FCA revealed these details on its official website and warned investors not to choose these brokers. We are sharing those screenshots with you. Have a look and be alert.
Name: AEW UK Investment (Clone of FCA AuthorisedFirm)
Telephone: 07915608852
Social Media Details: Facebook Profile - AEW UKInvestment
(https://www.facebook.com/aewukinvestment)
Name: Trade4Winner/ www.trade4winner.com (clone oof a Previously Authorised FCA firm)
Email: info@trade4winner.com
Website: www.trade4winner.com
While exposing these copycat brokers, the FCA stated that almost all firms and individuals must be authorised by us if they offer, promote, or sell financial products or services in the UK. But these firms are not authorised by us and are targeting UK citizens.
The FCA has advised investors to avoid these brokers and to report any suspicious activity to the authorities. FCA has also reminded investors to be vigilant when dealing with forex brokers and to conduct proper due diligence before investing any money.
Install the WikiFX app on your smartphone to stay updated with the latest news in forex. WikiFX is a global forex broker regulatory inquiry platform that has investigated and reviewed more than 40,000 brokers, collaborating with more than 30 national regulators. To learn more about the security and reliability of your chosen brokers, visit www.wikifx.com or download our free app from Google Play or the App Store.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.