ATTENTION! Red Alert on These Brokers !

The reputed regulator of the UK, the Financial Conduct Authority (FCA), issued a warning list yesterday and exposed three unlicensed and scam brokers who could swindle your money.

FCA Warning

According to the Authority, These firms may be providing or promoting financial services or products without our permission. You should avoid dealing with these firms and beware of scams.

As per FCA rule & regulation, Almost all firms and individuals must be authorised or registered by FCA to carry out or promote financial services in the UK. But these unauthorized brokers do not comply with this rule. 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.

Conclusion

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