Scam forex brokers to avoid

Stay informed, Stay safe. If you are in the forex industry, you must follow this rule. Many financial regulators in the world are working vigorously to protect consumers from any kind of scam and issue warnings against them regularly. The UK-based Financial Regulator Financial Conduct Authority (FCA) is one of them. On March 4, the authority exposed many fraudulent brokers and warned the public against them. Have a look and beware.

Name: Leverage Six / leveragesix.com

Address: Av. Jules-Crosnier 81206, Genève Switzerlarhd

Telephone: 02035408074

Mobile: 02038294657

Email: support@leveragesix.com,

frankrichardmeier@leveragesix.com,

compliance@leveragesix.com

Website: https://leveragesix.com/

Name: TradeZoom LTD / tradezoom.pro (clone of FCA Authorised Firm

Address: Finsbury Business Centre, 40 Bowling Green Ln, Lorndon, ECIR ONE

Telephone: +442039745142

Email: help@tradezoom.pro,

question@tradezoom.pro

Website: tradezoom.pro

Name: Fxalchemy LTD

Address: 207 Batchley Rd, Redditch

Email: support@fxalchemy-innovationmarket.online

Website: https://fxalchemy-innovationmarket.online/

Name: fxinvestmentsolutions.com

Address: Unit 1, Cambridge House, Camboro BusinessPark, Oakington Road, Girton, Cambridge,

Cambridgeshire, CB3 0QH

Email: support@fxinvestmentsolution.com

Website: https://fxinvestmentsolution.com/

Name: Boxchain FX - boxchainfx.net

Address: 145-149 Kilmarnock Rd, Shawlands, Glasgow, UNITED KINGDOM, G41 3JA

Email: support@boxchainfx.net

Website: boxchainfx.net, boxchainfx.ltd

Name: CIPHERXINVEST

Address: Solent Business Centre, 343 Millbrook Road WestSouthampton, England, UNITED KINGDOM,

SO15 OHW

Email: admin@cipherxinvest.com

Website: https://cipherxinvest.com/

Name: Forex Masterminds

Address: 100 New Bridge Street, London, UNITED KINGDOOM, EC4V 63

Telephone: +447438224767

Email: support@forex-mastermind.com

Website: www.forex-mastermind.com

Name: SWISSCOININVEST

Address: 6 Bruce Grove, London, UNITED KINGDOM, N117 6RA

6 Bruce Grove, LONDON, N17 6RA

Email: admin@swisscoininvest.com,

admin@swisscoininvest.com

Website: https://swisscoininvests.com/, www.swisscoininvest.com

Name: E Investments LLC (einvestmentsllc.com)

Address: First Floor, CPC4 Capital Park, Cambridge, UK,CB21 5XE

Telephone: +14243284423

Email: info@einvestmentsllc.com

Almost all firms and individuals must be authorized by the authority to carry out or promote financial services in the UK. The FCA advised people to not invest with this clone firm. 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.

About FCA

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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