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Abstract:The best way to avoid being a victim is to become more aware. If you are familiar enough with the frequent happenings in the forex market, you will have a better understanding of which brokers to use and which to avoid.
The best way to avoid being a victim is to become more aware. If you are familiar enough with the frequent happenings in the forex market, you will have a better understanding of which brokers to use and which to avoid. Recently, the Uks Regulator Financial Conduct Authority (FCA) issued a warning against a clone firm named Broker2uTrade. Have a look at the details.
Name: Broker2U Trade/ https://www.broker2utrade.com/ (Clone of FCA Authorised Appointed Representative)
Website: https://www.broker2utrade.com/, www.Broker2uTrade.co
The FCA stated that the clone firm is convincing people that their firm is genuine. FCA shared the details of authorised firm on its official website.
The correct details are:
Firm Name: Broker2u Ltd
Firm Reference Number: 826573
Address: Gay Bowers Road
Danbury
Essex, CM3 4JQ, UNITED KINGDOM
Telephone: +4401245226318
Email: deborah@broker2u.co.uk
This firm has been providing financial services or products without its authorization. The FCA advised Investors to check the FCA Register before dealing with any financial firm. The FCA Register is a public record of all firms and individuals who are authorized to carry out regulated activities in the UK.
About FCA
The Financial Conduct Authority (FCA) is a regulatory body in the UK that oversees financial markets and firms to ensure they operate in a fair and transparent manner. The FCA's role includes supervising financial institutions, enforcing regulations, and protecting consumers from financial harm. The authority also works to promote competition in the financial industry and to maintain the integrity of the UK's financial system.
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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.