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Abstract:The Financial Conduct Authority (FCA) issued a warning against a firm called NeroFX. The FCA has cautioned the public not to invest in this clone firm. FCA shared the correct details of the firm too.
The Financial Conduct Authority (FCA) issued a warning against a firm called NeroFX. The FCA has cautioned the public not to invest in this clone firm. FCA shared the correct details of the firm too.
Name: NeroFX (Clone of FCA authorised firm)
Address: 37th Floor, One Canada Square, Canary Wharf, London, E14 5AB
Telephone: +447537876250
Website: www.fxnero.com
The correct details are:
Firm Name: Nero Partners Consulting Ltd
Firm Reference Number: 773344
Address: 70 Lavender Sweep
London, SW11 1HD, UNITED KINGDOM
Telephone: +447932693234
Email: polly.smith@nerollp.com
The Authority officially said on its website that fraudsters copy the details of firms we authorize to try and convince people that their firm is genuine. Almost all firms and individuals must be authorized by us to carry out or promote financial services in the UK.
The FCA has issued warnings to the public, urging them to be cautious and vigilant when dealing with brokers and to thoroughly research and verify the credentials of any broker before investing.
Review
When we searched for Nero FX on WiKiFX, We found WiKiFX issued a warning against it by claiming,
Warning: Low score, please stay away!
It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
The current information shows that this broker does not have trading software. Please be aware!
About FCA
Financial Conduct Authority (FCA) is a regulatory body in the UK. The FCA's main role is to protect consumers by regulating financial products and services, promoting competition, and ensuring that financial firms are financially stable. The FCA also has the power to investigate and take enforcement action against firms that breach its rules and regulations.
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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.