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Abstract:WARNING! One of the most prominent regulators, the Financial Conduct Authority (FCA), issued a warning against unauthorised broker Sydney FX. Be alert.
WARNING! One of the most prominent regulators, the Financial Conduct Authority (FCA), issued a warning against unauthorised broker Sydney FX. Be alert.
The authority stated that this firm may be providing or promoting financial services or products without our permission. You should avoid dealing with this firm and beware of scams.
FCA also added Almost all firms and individuals must be authorised by us to carry out or promote financial services in the UK. This firm is not authorised by us and may be targeting people in the UK
WikiFX Feedback
When we checked for SydneyFX on WikiFX. We discovered it is an unlicensed broker with a very poor score of 1.20 out of 10. WikiFX issued a warning and stated,
Warning: Low score, please stay away!
• It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
About SydneyFX
SydneyFX is a financial services provider founded in 2023, operating out of the United Kingdom, and offering a variety of tradable assets including cryptocurrencies, forex, stocks, and commodities. SydneyFX is not regulated.
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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.