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Abstract:Forex trading continues to attract global investors, but with its growing popularity comes an increase in fraudulent activity. UK’s Financial Conduct Authority (FCA) has recently exposed several unregulated and scam forex brokers targeting traders. Checkout the list of scam brokers below.
Forex trading continues to attract global investors, but with its growing popularity comes an increase in fraudulent activity. UKs Financial Conduct Authority (FCA) has recently exposed several unregulated and scam forex brokers targeting traders. Checkout the list of scam brokers below.
Name: AirovexInvest
Website: www.airovexinvest.net
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Name: fimultitd.com
Address: Endsleigh Street, London
Email: suport@fimultitd.com
Website: https://fimultitd.com/
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Name: 365ASSET EXCHANGE
Address: 76 Commercial St, Edinburgh, Midlothian, EH6 6LX,
9800 International Dr, Orlando, Florida, UNITED STATES OF AMERICA, 32819
Email: support@365assetexchange.com
Website: https://365assetexchange.com/
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Name: Probull Market
Address: 71-75 Shelton Street, London, UNITED KINGDOM, WC2H 9JQ
Telephone: +13512301562
Email: support@probullmarket.live
Website: www.probullmarket.live
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Name: wealth-rolian.net
Website: https://wealth-rolian.net
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Name: AccuTraderQuantum
Website: https://accutraderquantum.net
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Name: Endotechtrading
Address: 22 Highbury Grove, London, UNITED KINGDOM, N5 2EF
Website: www.endotechtrading.pro
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Name: Berzanotrader
Website: https://berzanotrader.net
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Name: Stable Edge Marketing
Address: 71-75 Shelton Street, Covent Garden, London, WC2H 9JQ
Email: support@stableedgemarketing.click
Website: www.stableedgemarketing.click
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Name: Apexinvestimentos.ltd
Email: admin@apexinvestimentos.ltd
Website: www.apexinvestimentos.ltd
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Name: Quantum Income Pro
Website: www.quantumincome-pro.net
Name: Primenestrade.live
Email: info@primenestrade.live
Website: www.Primenestrade.live
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Name: Ethereum Trader
Website: https://ethereum-trader.net
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Name: ZonitrexTrader
Website: https://zonitrex-trader.net
An FCA (Financial Conduct Authority) warning is a serious alert that a broker or financial service is operating without proper authorization in the UK. The FCA is one of the worlds most respected financial regulators, and its role is to protect investors from fraud, scams, and unethical practices.
If a broker receives an FCA warning, it means:
1. The broker is not licensed or regulated by the FCA.
2. It is not allowed to offer financial services in the UK.
3. Your funds are not protected under UK financial laws.
4. You have no legal recourse if the broker disappears or refuses withdrawals.
Do Not Miss this Article- www.wikifx.com/en/newsdetail/202508121584530377.html
FCA regularly updates its warning list to help traders avoid fraudulent platforms posing as legitimate firms. If a forex broker is not listed on the FCA register or appears on the FCAs warning list, it's a red flag. Scam brokers typically use cloned websites, aggressive sales tactics, and unrealistic profit guarantees to trick investors. To stay safe in the forex market, conduct thorough due diligence, use regulated trading platforms, and stay informed about the latest scam alerts. Remember: if it sounds too good to be true, it probably is.
1. Verify the License of the brokers
2. Avoid Unregulated Brokers
3. Cross-Check Contact Information
4. Do not Fall for “Too Good to Be True” Promises
5. Test with a Demo Account First
6. Read Online Reviews
7. Do Your Research
8. Do not Rush
9. Report Suspicious Activity
10. Keep Records
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.
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Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
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The forex market is increasingly prone to scams, and forex trading has become riskier due to the growing number of fraudulent forex brokers. So, how can you protect yourself and your hard-earned money? Being informed is the most powerful weapon you can use to safeguard yourself. This article aims to raise a fraud alert — read on to learn about the scam brokers you should stay away from and how to spot red flags before it's too late.