UK watchdog exposed five unauthorised firms

On October 5, 2023, the UK's Watchdog Financial Conduct Authority (FCA) released a list of five unregulated brokers that are active in the UK and provide their services without proper authorization. The FCA warned the public to beware of scams. Here are the names and screenshots of such fraudulent brokers. Have a look, and beware.

Name: Instant Quid Finance / instantquidfinance.com

Website: https://instantquidfinance.com

Name: AFFINITY AXIS BANK

Address: 19,557 SF UNIT, BEDFORD, MK401TS

Telephone: 07700900246

Email: support@affinityaxisbank.co

Website: https://www.affinityaxisbank.com/

Name: BLUELION FXLTD

Address: 2 Old Brompton Road, London, SW7 3DQ

Email: support@bluelionfxlt.com

Website: https://bluelionfxlt.com/

Name: bronsonautomotiveltd.com/ ahomlimited.com (Clone of Previously Authorised FCA Firms)

Address: Highfield Industrial Estate, Westend Street, Oldham, Lancashire, OL9 6AJ

Unit 2, Princes Drive Industrial Estate, Coventry Road, Kenilworth,Warwickshire, CV8 2FD

Telephone: 03442163052, 03333441979, 07900834666, 03442163052, 03301359829

Mobile: 07586159447

Email: finance@bronsonautomotiveltd.com,

info@ahomlimited.com

finance@ahomlimited.com,

james@ahomlimited.com,

info@bronsonautomotiveltd.com

Website:https://ahom@mited.com/, https://bronsonautomotiveltd.com/

Social Media Details:

Instagram-bronsonautomotive (https://www.instagram.com/bronsonautomotive/)

Instagram - ahomleasing (https://www.instagram.com/ahomleasing/)

Name: HyperFund / HyperVerse / HyperNation/HypeerCommunity

Address: Not Known

Website: https://thehyperfund.online, https://thehyperfurnd.com/, https://www.hypercommunity.link/,

https://h5.thehyperverse.net/, https://www.thehyperversse.net

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's exposure of these fraudulent brokers serves as a warning to investors to exercise caution and due diligence when dealing with financial firms.

About FCA

The Financial Conduct Authority (FCA) is a regulatory body in the United Kingdom that oversees and regulates financial markets and firms. It was established in 2013 and operates independently of the UK government. The FCA's primary objective is to ensure that financial markets are fair, transparent, and operate in the best interests of consumers. It has the authority to set and enforce rules and regulations for financial firms, conduct investigations, and take enforcement action against those who breach the rules. The FCA also works to promote competition in the financial sector and protect consumers from potential harm. Overall, the FCA plays a crucial role in maintaining the integrity and stability of the UK's financial system.

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