ALERT!!!!! FCA exposed four Brokers

On December 08 2023, the UK's Watchdog Financial Conduct Authority (FCA) released a list of four 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: Fortexs

Address: W2 1AZ

Telephone: +32460261297, +442033760051, +4369010280239, +3197006520763, +4550231118

Email: support@fortexs.com

Website: https://fortexs.com/

Name: Golden Currencies (Clone of FCA Authorised firms)

Telephone: +447897042828

Email: support@goldencurrencies.com,

thomas.clarke.goldencurrencies@gmail.com

Website: www.goldencurrencies.com, www.golden-currencies.net, www.goldencurrencies.trade

Name: Sapphire Markets

Address: Lighthouse Trust Nevis Ltd, Suite 1, A.L. Evelyn Ltd Building, Charlestown, ST. KITTS AND NEVIS

First Floor, First St Vincent Bank Building, James Street, Kingstown, ST. VINCENT AND THE GRENADINES

PO BOX 2897, ST. VINCENT AND THE GRENADINES, VC0100

Telephone: 12052352058, 441234234893, 61870811560

Email: clientsupport@sapphiremarkets.com

Website: sapphiremarkets.com

Name: SCOTT-ELLIOTT CONSULTING GROUP LLP

Address: 19 Union Square West, New York, NY, UNITED STATES OF AMERICA, 10003

Telephone: +13473520115, +15165083961

Fax: +13472963812

Email: info@scott-elliottconsultinggrp.com,

info@scott-elliottconsultinggroup.com

Website: www.scott-elliottconsultinggrp.com

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.

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