Global Broker Regulation Inquiry App

WikiFX

Broker Search

English

简体中文

繁體中文

English

Pусский

日本語

ภาษาไทย

Tiếng Việt

Bahasa Indonesia

Español

हिन्दी

Filippiiniläinen

Français

Deutsch

Português

Türkçe

한국어

العربية

Download

WikiFX Express

WikiFX Review: Is Binomo trustworthy broker?

The UK Financial Conduct Authority Has Issued A Warning To 14 Unlicensed Forex Brokers

WikiFX

| 2022-09-21

Abstract：Forex fraudsters pretend to be regulated to capture traders' faith. This is a rather common technique. When trading forex, it is essential to examine the regulators' registries.

The UK Financial Conduct Authority Has Issued A Warning To 14 Unlicensed Forex Brokers (1).png

Forex fraudsters pretend to be regulated to capture traders' faith. This is a rather common technique. When trading forex, it is essential to examine the regulators' registries.

To safeguard investors' assets, financial authorities such as the UK FCA keep their blacklists updated, exposing fraudsters' claims.

The UK FCA has issued warnings to 14 unauthorized forex brokers for engaging in regulated operations in the UK without authorization. The following is a list:

1. Fundrise Global

Address: 56 Hillfield Park, Winchmore Hill, London, United Kingdom, N21 3QJ

12 Kings Weston Ln., Avonmouth, Bristol, United Kingdom, BS01 8ZA

Email: admin@fundrise-globalinvest.com

Website: https://fundrise-globalinvest.com/

2. MarketFXM

Address: 27 Old Gloucester Street, London, United Kingdom, WC1N 3AX

Telephone: +442039893325

Email: support@marketfxm.com

Website: www.marketfxm.com

3. Winnex Primemarkets Online (Winnex Prime Markets)

Address: 87-135, Brompton Road, Eltham, London

Website: www.winnex-primemarkets.online

4. Ultra Cryptocoin FX / Ultra CryptoFX

Address: 375 Hudson Street, 16th Floor, New York, United States of America, NY 10014

Telephone: +447576791252

Email: support@explicit-miningfx.com

Website: https://ultracryptocoinfx.com/

Other Information: Potential names: Ultra Cryptocoin FX or Ultra CryptoFX

5. Varliant FX

Address: United States of America

Email: support@varliantfx.com

Website: www.varliantfx.com

6. Trust-financial-planning.com (Clone of FCA Authorised Firm)

Telephone: +442070971074, +79311060374, +442080979430, +442080970999, +447716540168

Email: support@tfp.com,

support@trust-financial-plannings.net,

support@trust-financial-planning.com

Website: www.trust-financial-planning.com, www.trustfinancial-planning.com, www.trust-financial-plannings.com, www.trust-financial-planing.com

7. Calcux FX/Calcux FX Global

Address: 44 West St. Boston, Lincolnshire, PE21 8QR

Email: support@calcuxfxglobal.com

Website: www.calcuxfxglobal.com

8. BBanc

Address: First Floor, First St. Vincent Ltd. Building, James Street, Kingstown, St. Vincent and the Grenadines

Telephone: 02037638446

Email: support@bbanc.com

Website: www.bbanc.com

9. The Street FX

Address: 46 George Street, London, United Kingdom

Telephone: 02079460944

Email: info@thestreetfx.com

Website: www.thestreetfx.com

10. Horizon Crypto Limited

Address: 10 South Wacker Drive, Suite 2550, Chicago, United States of America, IL 60606

Email: support@horizoncrypto.ltd

Website: https://horizoncrypto.ltd/

11. Crex247/Crex247 Binary Trading (UK) LTD

Address: 204 Glen View Lane, Radford, Virginia, United States of America

Email: info@crex247binaryfxtrading.com

Website: https://crex247binaryfxtrading.com/

12. ForteCapitalInvest

Email: support@fortecapitalinvest.com,

payments@fortecapitalinvest.com

Website: https://fortecapitalinvest.com/

13. ICG24

Address: 1 Canada Square, London, England, United Kingdom, E14 5AB

Leningradskiy prospect 39, Moscow, Russia, 125167

Telephone: +441308342001

Email: icg24limited@gmail.com

Website: https://icg24.com/

14. SmartFXCapitals

Address: Coffeyville, Massachusetts, United States of America

Parkland, Louisville, United States of America, KY 40211

Email: support@smartfxcapitals.com

Website: https://Smartfxcapitals.com

These businesses are offering financial services or products in the UK without the permission of the UK FCA. That means you won't be covered by the Financial Services Compensation Scheme (FSCS), and you'll be hard-pressed to get your money back if anything goes wrong.

How to avoid dealing with unlicensed brokers

Check to see whether a broker is regulated before investing. This is one of the most crucial aspects of a Forex broker. WikiFX App can give you all the information you want, from licenses to regulatory paperwork. Don't get drawn in by trading possibilities since most fraudsters have the finest trading prospects you'll ever have. Once you're committed, they'll start giving you arguments and follow-ups to get you defrauded.

When investing, the first thing you should do is check the licensing of the broker with whom you want to trade.

Stay tuned for more regulatory news.

Download the WikiFX App from the App Store or Google Play Store.

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.

forex beginners forex market Basic forex knowledge forex pips leverage in forex Forex news Forex Analysis Forex Currency pair Forex strategy Forex Broker support and resistance Forex indicator Forex Chart Forex margin Forex trading Learn basic forex knowledge

WikiFX Review: Is Binomo trustworthy broker?

One-Click Access to Broker Official Group Chats & Exclusive VPS Benefits

To enhance your trading experience and build a more direct communication channel between you and regulated, compliant brokers, WikiFX has now integrated official group chats from multiple brokers. With just a few simple steps, you can directly engage with broker official teams and unlock exclusive benefits, including premium VPS services.

Original 5h

CMS Prime Review: Traders Report Withdrawal Blocks, Fund Scams & Unprofessional Support

Is your CMS Prime forex trading experience financially distressing? Does the broker constantly deny you to withdraw your funds? Has the broker defaulted on swap charges? Has the CMS Prime scammed you at every stage of your forex journey with it? Do you also have to witness unprofessional behavior from the broker officials? Well, these trading issues have become headlines on the CMS Prime broker’s review platforms. We have shared some complaints in this CMS Prime review article. Read on!

Original 18h

BingX Review: Traders Angry Over Withdrawal Denials, Account Blocks & More

Are BingX officials with you when you lose your trade? Do these officials apply restrictions on withdrawals as you earn profits? Do you lose access to BingX com login after earning profits? Does the US-based forex broker block your trading account in such situations? Failing to get key trading data access from the broker? These issues have been affecting many traders at BingX. In this BingX review article, we have shared some complaints. Take a look!

Original 18h

TD Markets Exposed: Price Manipulation, Withdrawal Issues & False Promises Hurt Traders

Is your winning trade converted into a loss upon closing it at TD Markets due to heavy price manipulation? Is withdrawing funds too much of a hassle at this South Africa-based forex broker? Does even the customer support fail to respond to your withdrawal requests? Have you been defrauded on the promise of zero commission upon withdrawal? Have you failed to close the trade due to the systemic issue at TD Markets? You are not alone! Many traders have commented while sharing the negative TD Markets review. We have shared some of them in this article. Take a look!

Original 20h