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Abstract:The UK's Financial Conduct Authority (FCA) issued a warning against two unauthorized brokers, TradeVision365 and MagnaFG
The UK's Financial Conduct Authority (FCA) issued a warning against two unauthorized brokers, TradeVision365 and MagnaFG. Here are the details of the brokers.
Name: TradeVision365 - https://www.tradevision365.com/
Address: 99 Bishopsgate, London, UNITED KINGDOM, EC2M 3XD
Email: support@tradevision365.com,
affiliates@tradevision 365.com
Website: https://www.tradevision365.com/
Name: MagnaFG
Address: 52 Lime Street, London, UNITED KINGDOM1, EC3M 7AF
Andreasstrasse 5, 8050, Zurich, SWITZERLAND
Telephone: +442086383666
Mobile: +447893915366
Email: support@magnafg.com
Website: www.magnafg.com
The FCA has identified fraudulent brokers who may deceive individuals and engage in illegal activities. According to FCA these firms are not authorised by authority but have been contacting people pretending to be an authorised firm.
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.
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