FCA Alerts against Unauthorised Brokers

Better Safe than Sorry. It is a well-known saying that you hear many times. It applies to the forex market too. If you know which fraudulent brokers you must avoid, You can avoid becoming a victim. In this article, we will let you know the list of unauthorised brokers FCA issued a warning against. Here are all of those brokers' details and screenshots.

Name: FX Trading Digital Pay

Address: UNITED KINGDOM

Email: support@fxtradingdigitalpay.com

Website: www.fxtradingdigitalpay.com

Name: Crypto Pips Academy

Address: 866 Scott Street, Greenville, USA, ME 04441

Email: support@cryptopipsacademy.com

Website: www.cryptopipsacademy.com

Name: Fbs Fx Trading

Address: 866 Scott Street, Greenville, USA, ME 04441

Telephone: +16575222731

Email: info@fbsfxtrading.com

Website: www.fbsfxtrading.com

Name: TimingProgramFXs

Address: 866 Scott Street, Greenville, USA, ME 04441

Email: support@timingprogramfxs.com

Website: www.timingprogramfxs.com

Name: ExpressLive Fx All

Address: 866 Scott Street, Greenville, USA, ME 04441

Telephone: +13346077559

Email: info@expresslivefxall.live

Website: www.expresslivefxall.live

Name: UK Credit Finance Limited

Email: loan.approved19@gmail.com

Name: squiresfinanceltd.com (Clone of FCA authorisedfirm

Telephone: +442080977710

Email: info@squirefin.net

support@squirefin.net

Website:https://www.squiresfinanceltd.com/, https://mobtrader.squiresfinance.trade/login

Name: ALLAN GRAY BANK

Address: Aylesbury, Buckinghamshire, UNITED KINGDOMI, HP19 8JP

Telephone: +447456466362

Email: accounts@allangraybank.com

Website: www.allangraybank.com

Name: TRENDLINEBULLISH

Telephone: +447440325619

Email: support@trendlinebullish.live

Website: https://trendlinebullish.live

Name: Gateway Capital CG

Address: 29 Bd Grande-Duchesse, Charlotte 1331, Belair Luxembourg

Telephone: 352584680901

Email: support@gatewaycapitalcg.com

Website: https://gatewaycapitalcg.com/

Name: SPENCEDERIV.COM

Address: 4 Fitz-James Ave, Hammersmith, London,UNITED KINGDOM, W14 ORP

Telephone: +14422423297

Email: support@spencederiv.com

Website: https://spencederiv.com

According to FCA, These firms may be providing financial services or products without our authorisation. FCA warned all Investors, They should avoid dealing with these firms and beware of potential scams.The FCA has advised investors to avoid these brokers and to report any suspicious activity to the authorities.

The FCA has also reminded investors to be vigilant when dealing with forex brokers and to conduct proper due diligence before investing any money. Investors should check the FCA's register of authorized firms to ensure that the broker they are dealing with is legitimate.

To know about the security and reliability of your chosen brokers, you can use Wikifx app. To expand your knowledge and stay informed about the forex market. Download the Wikifx app on your phones. Here is the Link to the download: https://www.wikifx.com/en/download.html