Beware!!!! FCA issued warning against three unauthorised brokers

Financial Conduct Authority (FCA) has issued a warning against three unauthorised brokers on 24 May,2023. FCA has urged the public to be cautious and to avoid doing business with these brokers. Here are the names and screenshots of such brokers.

Name: BankersGate

Website: www.bankersgate.com

Name: CT Matador

Address: 110 Bishopsgate, London, UNITED KINGDOM, EC2N 4AY

Amstelplein 1, Amsterdam, NETHERLANDS

Grosspeteranlage, 29 Grosspeter Tower, 4052, Basel, SWITZERLAND

Telephone: 442033766181, 46317813619, 3197010282375

Email: info@ct-matador.com,

support@ct-matador.com,

compliance@ct-matador.com

Website: www.ctmatador.com

Name: Limited Private Group

Website: www.lpfund.co

According to the FCA, the three unauthorised brokers are operating without the necessary authorisation from the regulatory body. This means that they are not subject to the same regulations and oversight as authorised brokers. As a result, individuals who do business with these brokers are at risk of losing their money.

FCA has advised the public to only do business with authorised brokers. Authorised brokers are subject to strict regulations and oversight, which helps to protect consumers from fraud and other types of financial misconduct. The FCA has also urged anyone who has been scammed by these unauthorised brokers to report the incident to the regulatory body.

To expand your knowledge and stay informed about the forex market. Download Wikifx app on your phones. Here is the Link to the download: https://www.wikifx.com/en/download.html