Abstract：UK's Financial Conduct Authority(FCA) updates its warning list to help traders avoid fraudulent platforms posing as legitimate firms. Scam brokers typically use cloned websites, aggressive sales tactics, and unrealistic profit guarantees to trick investors. Checkout the list below-
UK's Financial Conduct Authority(FCA) updates its warning list to help traders avoid fraudulent platforms posing as legitimate firms. Scam brokers typically use cloned websites, aggressive sales tactics, and unrealistic profit guarantees to trick investors. Checkout the list below-
List of 10 Unregulated Brokers –
Name: PREFXMAXLIVE
Address: Suite 305 Griffith Corporate Centre, PO BOX 1510, Beachmont, Kingstown, ST. VINCENT AND THE GRENADINES
Telephone: +19494266550
Email: support@prefxmaxlive.top
Website: www.prefxmaxlive.top
Name: icapital.com.pl
Address: 1 Garden Lane, Ravenfield, Rotherham, UNITED KINGDOM, S65 4ND
Email: info@capital.com.pl
Website: www.capital.com.pl
Name: Crypto Defrag
Website: www.cryptodefrag.net
Name: coinsagefinance.com
Address: 49 Featherstone Street, London, UNITED KINGDOM, EC1Y 8SY
Email: support@coinsagefinance.com
Website: www.coinsagefinance.com
Name: finex-asset.ltd
Address: 53 Bristol Road, Bristol Road, SN15 1NT
Website: https://finex-asset.ltd
Name: Power Trades App
Website: www.power-trades-app.net
Name: Vertex Wealth
Website: www.vertexwealth.net
Name: realmarkets.online
Address: 20-22 Wenlock Road, London, UNITED KINGDOM, N1 7GU
Email: support@realmarkets.online
Website: www.realmarkets.online
Name: stocksglobalfx.com
Address: Endsleigh Street, London, United Kingdom
Email: support@stocksglobalfx.com
Website: https://stocksglobalfx.com
Name: PROTREASURE TRADE
Address: Hampshire Street, Portsmouth, PO1 5LG
Email: admin@protreasuretrade.com
Website: https://protreasuretrade.com/
Why FCA Warning Matters?
An FCA (Financial Conduct Authority) warning is a serious alert that a broker or financial service is operating without proper authorization in the UK. The FCA is one of the worlds most respected financial regulators, and its role is to protect investors from fraud, scams, and unethical practices.
If a broker receives an FCA warning, it means:
1. The broker is not licensed or regulated by the FCA.
2. It is not allowed to offer financial services in the UK.
3. Your funds are not protected under UK financial laws.
4. You have no legal recourse if the broker disappears or refuses withdrawals.
Do Not Miss this Article- www.wikifx.com/en/newsdetail/202508139094583816.html
How to Protect Yourself from Scam Brokers?
1. Verify the License of the brokers
2. Avoid Unregulated Brokers
3. Cross-Check Contact Information
4. Do not Fall for “Too Good to Be True” Promises
5. Test with a Demo Account First
6. Read Online Reviews
7. Do Your Research
8. Do not Rush
9. Report Suspicious Activity
10. Keep Records
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