FCA Warning List is Out: Check if Your Broker is on the List

The United Kingdoms financial regulator, the Financial Conduct Authority (FCA), has issued a warning against eight unregulated brokers.

Below is the list of these unregulated brokers —Checkout and avoid them.

Unauthorised firm details

Name: apexcapitalmarket

Address: 2 Newman Road, Bromley, BR11RJ

Email: admin@apexcapitalmarket.info

Website: https://apexcapitalmarket.info/

Name: Wealth Koryx

Website: https://wealth-koryx.net/

Name: valuetrade.live

Address: 128 City Road, London, UNITED KINGDOM, EC1V 2NX

Email: info@valuetrade.com,

support@valuetrade.com

Website: www.valuetrade.live

Name: Trade Orbit

Mobile: 07417582648

Email: support@tradeorbit.live

Website: https://tradeorbit.live

Other Information: https://www.instagram.com/tradeorbit.live https://www.facebook.com/tradeorbit

Name: Ai Trader Bot

Website: https://ai-traderbot.net

Name: Dynasty Trade (Clone of FCA authorised firm)

Telephone: +441863440363

Email: support@dynasty-trade.ltd

Website: https://dynasty-trade.ltd/

Name: QFS

Address: 9962 Kingsway, Guildford, UNITED KINGDOM, GU39 3IO

Email: support@qfswealthmanagement.live

Website: https://qfswealthmanagement.live

Name: Dexofinance

Email: support@dexofinanceglobal.com

Website: https://dexofinanceglobal.com

FCA Warns Investors

Authority said, Some firms may give incorrect contact details including postal addresses, telephone numbers and email addresses. They may change these contact details over time. They may also give you details that belong to another business or individual, so the information looks genuine.

If you deal with these firms, you won't have access to the Financial Ombudsman Service if you want to complain. You should only deal with financial firms that are authorised by us. If a financial firm is authorised by FCA , it gives you greater protection if things go wrong.

What Investors need to do ?

Investors need to be vigilant and avoid unregulated brokers who operate without oversight or transparency. Dealing with such entities poses serious financial risks, including fraud, lack of fund protection, and no legal recourse. Always verify a brokers regulatory status with trusted authorities before investing your hard-earned money. Stay informed, stay safe.