FCA Warning List Of 14 Unauthorized Brokers

The Financial Conduct Authority (FCA) is the regulatory body responsible for supervising financial markets in the UK. The FCA maintains a warning list of unauthorized firms and individuals who are providing financial services without its approval. The warning list is updated regularly and includes firms and individuals who are falsely claiming to be regulated by the FCA, as well as those who are engaging in fraudulent or other illegal activities. The list is intended to protect consumers from financial harm and to prevent them from falling victim to scams or fraudulent schemes.

Here is the list of newly added 14 unauthorized / warned brokers by FCA

Interact TradeFX / InteractTradeFX

Trade Bull Max

Hedge-QuityFX / Hedge-QuityFX.com

SpotFXOptions

Cloud Trades Ltd

Indexx Club PLC

Equity Score Trade

NexusXChange

ForXCryptonet

Turbo CFD

Casper Finance

TopClubInvestments

The TrustFX

Capital Alliance Bank

NexusXChange

Solidusx

William Market FXTM

Quantum Capital Market

LegalForexCoin

UKBTC

WikiFX as a medium platform of FCA has been updating its platform of brokers listing both regulated and unregulated to help the public in guiding to the right path of selecting the right Forex broker.

Final words

Always double-check and verify the regulatory status of your chosen broker before the investor as always encouraged by FCA and WikiFX to the public.

Stay tuned for more financial regulatory news about warned entities

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