Avoid These Two Unlicensed Brokers

The UK's Financial Conduct Authority (FCA) issued a warning against two unauthorized brokers, TradeVision365 and MagnaFG. Here are the details of the brokers.

Name: TradeVision365 - https://www.tradevision365.com/

Address: 99 Bishopsgate, London, UNITED KINGDOM, EC2M 3XD

Email: support@tradevision365.com,

affiliates@tradevision 365.com

Website: https://www.tradevision365.com/

Name: MagnaFG

Address: 52 Lime Street, London, UNITED KINGDOM1, EC3M 7AF

Andreasstrasse 5, 8050, Zurich, SWITZERLAND

Telephone: +442086383666

Mobile: +447893915366

Email: support@magnafg.com

Website: www.magnafg.com

The FCA has identified fraudulent brokers who may deceive individuals and engage in illegal activities. According to FCA these firms are not authorised by authority but have been contacting people pretending to be an authorised firm.

The 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.

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