Abstract：One of the Reputed Authority, the Financial Conduct Authority (FCA), has issued a warning against seven illegal brokers . These brokers are offering financial services to people with the intention to commit fraud.
One of the Reputed Authority, the Financial Conduct Authority (FCA), has issued a warning against seven illegal brokers who are operating without license. These brokers are offering financial services to people with the intention to commit fraud. They are promoting their services just to swindle people out of their money.
LIST OF SCAM BROKERS
Name: SolavexTrader
Website: www.solavextrader.net
Name: Cloud Invest
Website: www.cloud-invest.net
Name: Crypto Bank
Website: www.crypto-bankapp.net
Name: PlexyTrade
Website: www.plexytrade.net
Name: RevalixTrader
Website: https://revalixtrader.net
Name: Q Savings
Address: UNITED KINGDOM
Telephone: +447700104668
Mobile: +13322163850
Email: quantocksavings@gmail.com
Website: https://qsavings.pro/
Name: The Crypto Invest
Address: UNITED KINGDOM
Telephone: +923293397221
Email: thecryptoinvest1@gmail.com
Website: https://thecryptoinvest.net/
Name: ROBOTRADE / robotrade.vip
Address: Boroughbridge Road, Birmingham, UNITED KINGDOM
Telephone: +447795959667
Website: https://robotrade.vip/
What Is FCA ?
The Financial Conduct Authority (FCA) is the United Kingdom‘s independent financial regulatory body responsible for overseeing financial markets and firms. FCA’s core responsibilities include protecting consumers, maintaining the integrity of the UK financial system, and promoting healthy competition within financial markets.
Why FCA Warning Matter?
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.
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