Abstract:The warning bell rings. The UK Financial Conduct Authority (FCA) has issued a warning against five illegal brokers which are operating illegally and providing services to consumers. The details and names of the unlicensed brokers are listed below.
The warning bell rings. The UK Financial Conduct Authority (FCA) has issued a warning against five illegal brokers which are operating illegally and providing services to consumers. The details and names of the unlicensed brokers are listed below.
Name: SMARTWEALTHPATH
Address: Preston Court, Burton Latimer, UNITED KINGDOM, NN15 5LR
3931 Memory Lane, POMPANO BEACH, Florida, UNITED STATES OF AMERICA
Email: support@smartwealthpath.com
Website: www.smartwealthpath.com
Name: SUPREMTRADE
Email: support@supremtrade.com
Website: www.supremtrade.com
Name: BILUXFITEX / biluxfitex.com
Address: 64 Thornton St, Hursley, SO21 1NS
Email: support@biluxfitex.com
Website: https://biluxfitex.com/
Name: SOLARAIRSFX / solarairsfx.com
Address: 64 Thornton St, Hursley, SO21 1NS
Email: solarairs@gmail.com
Website: https://solarairsfx.com/
Name: ULTRACORP / ULTRA CORP / ULTRACORPGLOB/ALS.COM
Address: UNITED KINGDOM
Email: support@ultracorpglobals.com,
info@ultracorpglobals.com
Website: https://ultracorpglobals.com/
The Authority informed investors that these firms are not authorised by the FCA and do not get licenses from it.
According to the FCA, these firms are not regulated in the UK, which means that investors are not protected by the Financial Services Compensation Scheme or the Financial Ombudsman Service. This lack of regulation exposes investors to a higher risk of fraud and market manipulation.
The FCA advised consumers to keep their money safe and avoid the unregistered brokers listed above. As a consumer, you need to be vigilant and conduct thorough research before investing in cryptocurrencies to avoid falling victim to scams or losing your money.
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