WARNING: Don't Pick these Brokers

The recent release by the Financial Conduct Authority (FCA) of an unauthorised broker list highlights the important role of the FCA in maintaining transparency in the financial market and protecting consumers. Unauthorised brokers are individuals or entities that operate within the financial industry without the proper certifications, licenses, or regulatory approval. These brokers may engage in deceptive practices, such as offering unsanctioned financial services or misleading potential clients, posing severe risks to unsuspecting consumers. In this Article you can see all the relevant details of illegal brokers. Have a Look and dont fall for these Brokers.

Name: DMG Markets / dmgmarkets.com (Clone of FCA Authorrised Firm

Address: 18 Noel St, London, W1F 8GW

Telephone: 02043628639

Email: e.pulido@dmgmarkets.com,

support@dmgmarkets.com,

r.carrera@dmgmarkets.com,

1.ferreira@dmgmarkets.com

Website:https://cabinet.dmgmarkets.com/, https://dmgmarkets.com/

Name: NBFCS (Clone of EEA Authorised Firm)

Address: 1 Poultry Office, London, EC2R 8EJ

Kemp House, 152 City Road, London

Telephone: +447488873603, +447488872747

Website: https://nbfcs.co/

Name: Change Debt Support (Clone of FCA authorisedfirm

Address: 56-60 Bewsey Street, Warrington, WA2 7JE

Email: sam@changedebtsupport.uk,

sam@changeline.co.uk,

sam@changedebtsupport.com

Website: www.changedebtsupport.uk, https://changeline.co.uk/, https://changedebtsupport.com/

Name: Finex Leaders/ finexleaders.com (clone of FCA Authorised firm)

Email: support@finexleaders.com

Website: https://www.finexleaders.com/

Name: PREMIUMLIVETRADEFX

Address: 18th Floor, 22 Bishopsgate, Lime Street, London,UNITED KINGDOM

Email: support@premiumlivetradefx.com

Website: www.premiumlivetradefx.com

Name: citynationfx-trading

Address: 16 Beaufort Court, Admirals Way, Docklands,London, E14 9XL

Email: support@citynationfx-trading.com

Website: www.citynationfx-trading.com

Name: CRYSTAL FX

Telephone: +132335200418

Email: info@crystalfx.org

Website: www.crystalfx.org

Name: TFX Pro

Address: 40 Bank Street, Canary Wharf, London, E145NR

Telephone:08001116768,442038563240, 442038563240,441795501562

Mobile: +442035350907

Email: bridget.k@tfxpro.co.uk,

support@tfxpro.co.uk,

support@tfxpro.io,

support@tfx-pro.co.uk

Website: www.tfxpro.co.uk, www.tfx-pro.com, www.tffxpro.io, tfx-pro.co.uk

While exposing these unauthorised brokers, 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 target UK people. The FCA warned 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.

The Financial Conduct Authority serves as the regulatory body for the United Kingdom's financial industry. Its core mandate encompasses ensuring that financial markets operate transparently, fairly, and securely. To fulfill this objective, the FCA is empowered to monitor and supervise authorised firms, investigate potential misconduct, and take necessary regulatory action when needed.

Install the WikiFX app on your smartphone to stay updated with latest news of Forex. WikiFX is a global forex broker regulatory enquiry 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 app store.