Global Broker Regulation Inquiry App

WikiFX

Broker Search

English

简体中文

繁體中文

English

Pусский

日本語

ภาษาไทย

Tiếng Việt

Bahasa Indonesia

Español

हिन्दी

Filippiiniläinen

Français

Deutsch

Português

Türkçe

한국어

العربية

Download

WikiFX Express

WikiFX Review: Is Binomo trustworthy broker?

The UK Financial Conduct Authority Has Issued A Warning To 14 Unlicensed Forex Brokers

WikiFX

| 2022-09-21

Abstract：Forex fraudsters pretend to be regulated to capture traders' faith. This is a rather common technique. When trading forex, it is essential to examine the regulators' registries.

The UK Financial Conduct Authority Has Issued A Warning To 14 Unlicensed Forex Brokers (1).png

Forex fraudsters pretend to be regulated to capture traders' faith. This is a rather common technique. When trading forex, it is essential to examine the regulators' registries.

To safeguard investors' assets, financial authorities such as the UK FCA keep their blacklists updated, exposing fraudsters' claims.

The UK FCA has issued warnings to 14 unauthorized forex brokers for engaging in regulated operations in the UK without authorization. The following is a list:

1. Fundrise Global

Address: 56 Hillfield Park, Winchmore Hill, London, United Kingdom, N21 3QJ

12 Kings Weston Ln., Avonmouth, Bristol, United Kingdom, BS01 8ZA

Email: admin@fundrise-globalinvest.com

Website: https://fundrise-globalinvest.com/

2. MarketFXM

Address: 27 Old Gloucester Street, London, United Kingdom, WC1N 3AX

Telephone: +442039893325

Email: support@marketfxm.com

Website: www.marketfxm.com

3. Winnex Primemarkets Online (Winnex Prime Markets)

Address: 87-135, Brompton Road, Eltham, London

Website: www.winnex-primemarkets.online

4. Ultra Cryptocoin FX / Ultra CryptoFX

Address: 375 Hudson Street, 16th Floor, New York, United States of America, NY 10014

Telephone: +447576791252

Email: support@explicit-miningfx.com

Website: https://ultracryptocoinfx.com/

Other Information: Potential names: Ultra Cryptocoin FX or Ultra CryptoFX

5. Varliant FX

Address: United States of America

Email: support@varliantfx.com

Website: www.varliantfx.com

6. Trust-financial-planning.com (Clone of FCA Authorised Firm)

Telephone: +442070971074, +79311060374, +442080979430, +442080970999, +447716540168

Email: support@tfp.com,

support@trust-financial-plannings.net,

support@trust-financial-planning.com

Website: www.trust-financial-planning.com, www.trustfinancial-planning.com, www.trust-financial-plannings.com, www.trust-financial-planing.com

7. Calcux FX/Calcux FX Global

Address: 44 West St. Boston, Lincolnshire, PE21 8QR

Email: support@calcuxfxglobal.com

Website: www.calcuxfxglobal.com

8. BBanc

Address: First Floor, First St. Vincent Ltd. Building, James Street, Kingstown, St. Vincent and the Grenadines

Telephone: 02037638446

Email: support@bbanc.com

Website: www.bbanc.com

9. The Street FX

Address: 46 George Street, London, United Kingdom

Telephone: 02079460944

Email: info@thestreetfx.com

Website: www.thestreetfx.com

10. Horizon Crypto Limited

Address: 10 South Wacker Drive, Suite 2550, Chicago, United States of America, IL 60606

Email: support@horizoncrypto.ltd

Website: https://horizoncrypto.ltd/

11. Crex247/Crex247 Binary Trading (UK) LTD

Address: 204 Glen View Lane, Radford, Virginia, United States of America

Email: info@crex247binaryfxtrading.com

Website: https://crex247binaryfxtrading.com/

12. ForteCapitalInvest

Email: support@fortecapitalinvest.com,

payments@fortecapitalinvest.com

Website: https://fortecapitalinvest.com/

13. ICG24

Address: 1 Canada Square, London, England, United Kingdom, E14 5AB

Leningradskiy prospect 39, Moscow, Russia, 125167

Telephone: +441308342001

Email: icg24limited@gmail.com

Website: https://icg24.com/

14. SmartFXCapitals

Address: Coffeyville, Massachusetts, United States of America

Parkland, Louisville, United States of America, KY 40211

Email: support@smartfxcapitals.com

Website: https://Smartfxcapitals.com

These businesses are offering financial services or products in the UK without the permission of the UK FCA. That means you won't be covered by the Financial Services Compensation Scheme (FSCS), and you'll be hard-pressed to get your money back if anything goes wrong.

How to avoid dealing with unlicensed brokers

Check to see whether a broker is regulated before investing. This is one of the most crucial aspects of a Forex broker. WikiFX App can give you all the information you want, from licenses to regulatory paperwork. Don't get drawn in by trading possibilities since most fraudsters have the finest trading prospects you'll ever have. Once you're committed, they'll start giving you arguments and follow-ups to get you defrauded.

When investing, the first thing you should do is check the licensing of the broker with whom you want to trade.

Stay tuned for more regulatory news.

Download the WikiFX App from the App Store or Google Play Store.

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.

forex beginners forex market Basic forex knowledge forex pips leverage in forex Forex news Forex Analysis Forex Currency pair Forex strategy Forex Broker support and resistance Forex indicator Forex Chart Forex margin Forex trading Learn basic forex knowledge

WikiFX Review: Is Binomo trustworthy broker?

Headway Broker Regulation and User Reviews

Headway Broker review: FSCA license exceeded, unregulated claims, and 86+ user complaints.

Original 1m

GTCFX Golden Falcon Awards 2025: Global Trading Excellence Shines in Dubai

Against the iconic backdrop of Ain Dubai, GTCFX hosted its Annual Golden Falcon Awards 2025. This year's ceremony showcased the evolution of the GTCFX brand and the achievements made throughout the past year. Compared to last year’s event, the 2025 ceremony expanded significantly in scale, attracted a larger global audience, and demonstrated how GTCFX continues to broaden its presence across international markets.

Original 21m

Vida Markets Regulation and Broker Review

Vida Markets regulation exceeded under FSCA. Broker review covers accounts, platforms, and risk considerations.

Original 1h

LonghornFX Exposed: Slippage & BTC Withdrawal Issues Irritate Traders

Does every trade on the LonghornFX platform drain your profits with high slippage? Does the slippage occur even when markets remain normal? Do you constantly witness Bitcoin (BTC) withdrawal issues with this platform? Traders have highlighted how these inefficiencies affect their overall trading experience with the Saint Vincent and the Grenadines-based broker. In this LonghornFX review article, we have highlighted issues raised by traders. Take a look!

Original 1h