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Abstract:The Financial Conduct Authority (FCA) is a government agency that is responsible for creating a safe and competitive financial marketplace for consumers and protecting them from potential scams. In order to fulfil its goals, FCA exposed two cloned and unauthorised firms Recently.
The Financial Conduct Authority (FCA) is a government agency that is responsible for creating a safe and competitive financial marketplace for consumers and protecting them from potential scams. In order to fulfil its goals, FCA exposed two cloned and unauthorised firms on September 1, 2023, and warned investors not to choose these brokers. We are providing you the screenshots and details of such brokers. Take a look and be cautious.
Name: Trader BUX Markets / trader.bux-markets.com(Clone of FCA Authorised Firm)
Email: service@bux-markets.com
Website: https://trader.bux-markets.com/
Name: Cash in Hands / cashinhands.uk (Clone of FCAAuthorised Firm
Address: 12 Gough Square, London, EC4A 3DW
Email: contact@cashinhands.uk
Website: https://cashinhands.uk/
Name: CRYPTO INGER
Address: Royal Exchange Avenue Building 6, LondonUNITED KINGDOM, EC3V 3LT
Telephone: +13235975405
Email: support@cryptoinger.com
Website: www.cryptoinger.com
Name: MATRIXVEST
Address: Nascot Wood Road, Watford, England, UNITED kKINGDOM, WD17 4WE
Email: info@matrixvests.org
Website: https://matrixvests.org
FCA advised people to not invest with such unauthorised firms. Acc. to FCA these firms are not authorised by us but has been contacting people pretending to be an authorised firm.
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.
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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.