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Abstract:Financial Conduct Authority(FCA), the eminent Financial regulator issues warning against a broker named as CETRA FX. FCA clearly mentioned on it's official website that This firm is not authorised by FCA and may be targeting people in the UK.
Financial Conduct Authority(FCA), the eminent Financial regulator issues warning against a broker named as CETRA FX. FCA clearly mentioned on it's official website that This firm is not authorised by FCA and may be targeting people in the UK. We are providing the details of the unregulated broker and sharing the screenshot with you.
Name: CETRA FX
Address: The Hive Building, 26 Wembley Park Blvd, Wembley, UNITED KINGDOM, HA9 0HP
Email: support@cetrafxltd.com
Website: https://cetrafxltd.com/
On its Recent warning issued in 18 October, 2023 . FCA stated that This firm may be providing or promoting financial services or products without FCAs permission. According to FCA Almost all firms and individuals must be authorised by the authority to carry out or promote financial services in the UK. But this firm does not follow the rule and selling its products and services illegaly.
The FCA also warned people that they should avoid dealing with this firm and beware of scams. When we searched for this broker on the regulatory app Wikifx, We found that Wikifx also issued a warning against CetraFX by saying, Warning: Low score, please stay away! It has been verified that this broker currently has no valid regulation. Pe aware of the risk! This broker is marked as No License on Wikifx.
So it must be advisable for you to stay away from it. Before investing your money in any broker, you must conduct a thorough investigation. Also, if you are in the forex market, you must stay up to date on the current forex news so that you avoid being scammed.
Wikifx is a platform that can help you in various way. It provides you with the latest information on the huge forex market, allowing you to easily check the reliability or credibility of any broker . Additionally, it offers you with a compare and contrast feature to help you choose the best broker for your needs. You may Download the Wikifx app on your phone via this link https://www.wikifx.com/en/download.html
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.