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Scam Alert: FCA Issued Warning! Check the List of Unauthorized Brokers Below!

WikiFX | 2025-08-01 18:07

Abstract：Attention Traders! Never ignore a warning from a trusted authority like the UK’s FCA. If you do, you could risk losing your money. Check the list below of Scam forex brokers to protect yourself.

Attention Traders!

Never ignore a warning from a trusted authority like the UKs FCA. If you do, you could risk losing your money. To protect yourself, always stay alert and informed. Check the list below of Scam forex brokers which are operating in the forex market without a proper license.

Unauthorised firm details

1. Name: UTForex

Website: https://utforex.net

2. Name: Cryptonite AI

Website: https://cryptonite-ai.net

3. Name: Lab of Crypto / @labofcrypto1 / @LadyofCrypto1

Social Media Details: YouTube: @labofcrypto1 X: @LadyoCrypto

4. Name: MarvexTrader

Website: https://marvextraderapp.net, https://marvextrader-app.net

5. Name: Patrimoine Trade

Address: 25 Copthall Ave, London, UNITED KINGDOM, EC2R7BP

Email: support@patrimoinetrade.pro

Website: https://patrimoinetrade.pro

FCA Alerts

The Financial Conduct Authority (FCA) stated that these firms may be offering or promoting financial services or products without its authorization. The FCA warns clients to avoid dealing with these firms and beware of scams. These firms are not authorized and may be involved in swindling peoples money. Stay alert—investment scams are becoming increasingly common. While forex beginners are often the main targets, even experienced traders are now falling victim too.

Find the FCA Warning List Here

The latest list is available on the official FCA website. To view it, visit the website, go to the News section, and click on Warnings to see the latest list of scam brokers.

Join WikiFX Community

Be attentive and stay updated with WikiFX. You can get all the information you need to know about the Forex market, fraud alerts, and the latest news related to Forex trading — all in one place. Join the WikiFX Community by scanning the QR code at the bottom.

Steps to Join

1. Scan the QR code below

2. Download the WikiFX Pro app

3. After installing, tap the Scan icon at the top right corner

4. Scan the code again to complete the process

5. You have joined!

Scam Alert Investment Scam Fraud Alert Forex trading Forex Broker Forex news forex market

Related broker

Not Regulated

UTForex

Company name：UEDA TOTAN FOREX LTD

Score

1.58

Website：https://www.ut-forex.com/

5-10 years | Questionable Regulatory License | Suspicious Operational Region | High Potential Risk

Score

1.58

WAYONE CAPITAL Review 2026: Trading Complaints on Withdrawal Denials & Platform Glitches

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Original 2026-06-11 23:20

Lost Your Capital by Clicking on a Forex Trading Link? This is the Latest Scam Trend!

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Original 2026-06-11 20:19

In-depth Alpari Exposure Report: Account Restriction and Withdrawal Denial Allegations

Were you restricted from opening trades on the Alpari trading platform? Did the Comoros-based forex broker prevent you from accessing withdrawals despite numerous requests? Have you faced trading losses because of the chart-related errors? These have reportedly turned into large-scale negative reviews for the broker online. This Alpari review 2026 article is aimed at providing insight into user allegations and the broker’s regulatory framework.

Original 2026-06-10 23:39

Zenstox Review 2026: Unexplained Profit Cancellation & Account Termination Allegations

Have you suspected Zenstox of cutting your profit amount on the trading platform? Failed to receive a proper response from the customer support team of the broker on this profit deduction? Did you face an unexplained account termination by the Seychelles-based forex brokerage firm? Broker review platforms, such as WikiFX, are flooded with negative user comments in 2026. In this Zenstox review article, we have examined these allegations. Take a close look at the same.

Original 2026-06-10 20:06