FCA Warns Against CryptosMarket

The Financial Conduct Authority (FCA) issued a warning to the public against CryptosMarket. The FCA has raised concerns about the company's operations and has advised individuals to be cautious when dealing with them.

Name: CryptosMarket / cryptosmarket.io

Telephone: +4489037465

Email: support@cryptosmarket.io

Website: cryptosmarket.io

Almost all firms and individuals must be authorized by the authority to carry out or promote financial services in the UK. The FCA advised people to not invest with this clone firm. 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.

WikiFX Review

We searched CryptosMarket on WikiFX and found it's a low score(1.03 out of 10) broker. Another red flag is it's an unlicensed Broker too.

WikiFX itself issued a warning there to alert Investors by stating that:

Warning: Low score, please stay away!

It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

The current information shows that this broker does not have trading software. Please be aware!

If you want to stay up to date regarding the forex market. Visit the WikiFX website and be an informed trader.