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Abstract:If you are a trader or an investor, you must be aware. The prominent regulator, Financial Conduct Authority, issued a warning against an unauthorized broker called BigFXInvest. The authority shared relevant details about it on the website.
If you are a trader or an investor, you must be aware. The prominent regulator, Financial Conduct Authority, issued a warning against an unauthorized broker called BigFXInvest. The authority shared relevant details about it on the website.
Unauthorised firm details
Name: BigFXInvest / www.bigfxinvest.io
Address: 11 Westferry Circus, London, UNITED KINGDOME14 4HD
Telephone: +442038465523, +442038465533
Email: michael.an@bigfxinvest.io,
support@bitfxinvest.io
Website: www.bigfxinvest.io
While exposing this fraudulent broker, FCA stated that Almost all firms and individuals must be authorised by us if they offer, promote or sell financial products or services in the UK. But this firm does not follow this rule.
The FCA warned investors to avoid unauthorised brokers and to report any suspicious activity to the authorities. FCA has also reminded investors to be vigilant when dealing with forex brokers.
WiKiFX Review
According to WiKiFX, BigFXInvest is an unlicensed broker. It is also a Low score broker 1.07 out of 10. WiKiFX states that
Warning: Low score, please stay away!
It has been verified that this broker currently has no valid regulation. Be aware of the risk.
Download the WiKiFX app on your phone to expand your knowledge and stay informed about the forex market.
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.