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WikiFX Scam Alert: FCA Warns Against crypto-smartchains!!!

WikiFX | 2023-01-17 09:59

Abstract:The British regulator FCA has issued an official warning against crypto-smartchains on January 16th!!!

Investors who are still trading forex at crypto-smartchains had better quit trading ASAP!!! Investors who have been deceived by this broker please contact WikiFX to help you recover your funds!!!

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To make things straight from the very beginning, on our next screenshot you may check the recent warning issued on January 16th against crypto-smartchainsby the Financial Conduct Authority (FCA) in the UK. Take a look (source: https://www.fca.org.uk/news/warnings/crypto-smartchains):

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Crypto-smartchainsis NOT REGULATED - the fake brokerage is an officially exposed scam blacklisted by the British regulator FCA. In its publication, the authority states that crypto-smartchains is unauthorized, which practically means its an unregulated business entity offering illegal trading and investment services. Brokers with warnings on their names are scams and should be avoided at all costs!

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Investors are advised to search relevant information on WikiFX APP about the broker you are inclined to trade with before finally deciding whether to make investment or not. Compared with official financial regulators which might lag behind, WikiFX is better at monitoring risks related to certain brokers - the WikiFX compliance and audit team gives a quantitative assessment of the level of broker regulatory through regulatory grading standards, regulatory actual values, regulatory utility models, and regulatory abnormality prediction models. If investors use WikiFX APP before investing in any broker, you will be more likely to avoid unnecessary trouble and thus be prevented from losing money! The importance of being cautious and prudent can never be stressed enough.

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Anyway, trusting a broker like crypto-smartchains is simply not worth it – you will certainly end up robbed. The so-called brokerage is nothing more than an outright scam, which is in the spotlight of a recent investigation by the British financial authorities, who have already blacklisted the website for targeting UK customers without proper authorization.

WikiFX reminds you that forex scam is everywhere, you'd better check the broker's information and user reviews on WikiFX before investing. You can also expose forex scams on WikiFX. WikiFX will do everything in its power to help you and expose scams, warn others not to be scammed.

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WikiFX keeps track of developments, providing instant updates on individual traders and helping investors avoid unscrupulous brokers. If you want to know whether a broker is safe or not, be sure to open WikiFXs official website (https://www.WikiFX.com/en) or download the WikiFX APP through this link (https://www.wikifx.com/en/download.html) to evaluate the safety and reliability of this broker!

Scam AlertFraud Alertforex marketForex newsForex BrokerForex trading

Related broker

No Regulation
crypto-smartchain
Company name:crypto-smartchain
Score
1.44
Website:https://crypto-smartchain.com/
2-5 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.44

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According to a recent Chainalysis report, hackers linked to North Korea stole more than $2.02 billion in cryptocurrency over the past year — accounting for nearly 60% of all crypto theft worldwide. These attacks are becoming more sophisticated, including insider infiltration and laundering via smaller transactions. This highlights that crypto risks extend beyond price volatility to include system and human vulnerabilities, underscoring the need for traders to diversify risk and prioritize security alongside trading strategies.

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ForexDana Exposure: Do Traders Witness Fund Scams & Deposit Credit Failures?

Did your deposited amount fail to reflect in the ForexDana forex trading account? Failed to receive an adequate response from the broker’s customer support officials? Do you think that it is a clone firm that cheats traders? Were you fascinated by the profit shown on the trading platform, but could not withdraw funds? Have you been lured into trading by a deposit bonus that does not work in real-time? In this ForexDana review article, we have investigated some complaints against the broker.

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SOLIDARY P R I M E Review: Reported Fund Scams & Poor Customer Support

Have you witnessed a complete fund scam experience when trading with SOLIDARY PRIME? Did you have a PAMM account that disappeared suddenly on the broker’s trading platform? Is the SOLIDARY PRIME customer support team inept in handling your trading queries? Did the broker deceive you on binary options? These complaints are showing up on broker review platforms. In this SOLIDARY PRIME review article, we have investigated some of the complaints against the broker. Take a look!

Original 2026-01-20 18:55

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