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Abstract:It's a recent official warning from the Financial Conduct Authority (FCA). There are four unlicensed brokers active in the forex market. The authority shared the details of these unauthorised brokers to protect consumers.
It's a recent official warning from the Financial Conduct Authority (FCA). There are four unlicensed brokers active in the forex market. The authority shared the details of these unauthorised brokers to protect consumers. Details are given below:
Name: Excellence Markets
Address: 22 Bishopsgate, London, UNITED KINGDOM, EC2N 4BQ
Email: support@excellence-markets.com
Website: www.excellence-markets.com
Name: GRABEK GLOBAL LTD
Address: 5 Heienhaff 2nd floor, 1736 Senningerberg, LUXEMBOURG
175-177 Borough High Street, London, SE1 1HR
Email: contact@grabekglobal.com,
support@grabekglobal.com
Website: https://grabek-global.com/
Name: Blue Springs Holdings
Address: 20-22, Wenlock Road, London, N1 7GU
Telephone: 07915648033
Email: support@bluespringsholdings.ltd
Name: ASSET IDEAL
Address: 41 Devonshire Street, Ground Floor Office 1, London, W1G 7AJ
Email: support@assetideal.org
Website: https://assetideal.org/
They are still operating in the market and targeting people. Therefore, you need to be attentive and careful. They pretend to be legitimate but eventually steal people's hard-earned money.
The authority urges the Public to be cautious and vigilant when dealing with brokers and to thoroughly research and verify the credentials of any broker before investing.
About FCA
The Financial Conduct Authority (FCA) is a regulatory body in the UK. The FCA's main role is to protect consumers by regulating financial products and services, promoting competition, and ensuring that financial firms are financially stable. The FCA also has the power to investigate and take enforcement action against firms that violate its rules and regulations.
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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.