Pay attention, Be Alert & avoid These Brokers

You have to be cautious at all times, whether you are a trader or an investor. Because if you don't, you'll become a victim in the next minute. In this article, we will let you know about unscrupulous brokers who act as genuine and steal people's money, but in reality, they are unlicensed brokers who sell their services without necessary licenses. The UK's Financial Conduct Authority issued a warning against four brokers. Here is the list. Pay attention, be cautious, avoid Them.

Name: Golden Peak

Address: 62 St. Martin's Lane, London, United Kingdom, EC2N 4JS

Email: info@goldenpeak.email

Website: www.goldenpeakfx.com

Name: DCO MARKET

Address: Floor 1 Office 25, 22 Market Square, London,England, E14 6BU

Email: info@dcomarkets.com

Website: www.dcomarkets.com

Name: ForrestFX

Address: 16-18 Monument Street, London, UNITED KIIGDOM, EC3R 8AJ

Email: support@forrestfx.com

Website: www.forrestfx.com

Name: IVISION MARKET

Address: 71-75 Shelton Street, Covent Garden, London, VWC2H 9JQ

Email: ivisionfx.cc@gmail.com

Website: www.ivisionmarketfx.com

While exposing these unauthorized brokers, the FCA stated that almost all firms and individuals must be authorized by us if they offer, promote, or sell financial products or services in the UK. But these firms are not authorized by us and target UK people.

The FCA has advised investors to avoid these brokers and to report any suspicious activity to the authorities. 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.

Install the WikiFX app on your smartphone to stay updated with the latest news about forex. WikiFX is a global forex broker regulatory inquiry platform that has investigated and reviewed more than 50,000 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 the app store.