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FCA LATEST WARNING

ActiveFX Markets | 2024-06-26 13:25

Abstract：The Financial Conduct Authority (FCA) has issued a recent warning against ActiveFX Markets to consumers.

The Financial Conduct Authority (FCA) has issued a recent warning against ActiveFX Markets to consumers.

Name: ActiveFX Markets

Address: Kemp House, 160 City Road, London, EC1V 2NX

Email: support@activefxmarkets.com

Website: https://activefxmarkets.com/

According to the FCA, cryptocurrencies are not regulated in the UK, which means that investors are not protected by the Financial Services Compensation Scheme or the Financial Ombudsman Service. This lack of regulation exposes investors to a higher risk of fraud and market manipulation. The FCA advised consumers to be vigilant and conduct thorough research before investing in cryptocurrencies to avoid falling victim to scams or losing their money.

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.

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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.