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SocGens Q4 profit beats expectations, sees higher bad loan risks

Warning! FCA Blacklists Unlicensed Brokers On February 7, 2023

WikiFX

| 2023-02-08

Abstract：Warning! FCA Blacklists Unlicensed Brokers On February 7, 2023

Warning! FCA Blacklists Unlicensed Brokers On February 7, 2023.png

The Financial Conduct Authority (FCA) has banned the following brokers in its most recent warning, given on February 7, 2023. FCA as one of the major financial authorities in the world always protects the public against investing in unauthorized or suspected fraud brokers. Let's see which brokers are newly listed on the blacklist.

BARRON FINANCIAL SOLUTIONS LTD

BROOKWAY LOANS LTD

TFX Pro

BLENDFX TRADE

FLEXIBLE WEALTH EXCHANGE

CAPITAL LLC

DESTINATION GLOBAL CORP LTD

ALGORAND CAPITAL

WEALTH PARAMOUNT

FINANCE EXPERTS LTD

EQUAL PROS

CRYPTO VISUALMINING

TARCORD BANK

All firms and individuals offering, promoting, or selling financial services or products in the UK have to be authorized or registered by the FCA.

The entities listed above are neither licensed nor authorized by the FCA and are targeting people in the UK. You will not have access to the Financial Ombudsman Service or be protected by the Financial Services Compensation Scheme (FSCS), so you are unlikely to get your money back if things go wrong.

Click on the link to see the FCA-authorized brokers: https://www.wikifx.com/en/regulator/8262479796.html？source=fma3

The WikiFX app as a medium platform for 30 financial regulators across the globe, makes it simple to verify forex broker licenses and read insightful reviews. Simply search for the name to get the details. Anyone looking for information, tactics, trading strategies, or market trend analysis may read “WikiFX Education and News” which covers everything about Forex.

Install the WikiFX App on your smartphone for free to stay updated on the latest news.

Download link: https://www.wikifx.com/en/download.html？source=fma3

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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SocGens Q4 profit beats expectations, sees higher bad loan risks

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Banxso Review: Why Traders Should Avoid Banxso

Banxso review highlights revoked regulation, suspicious clone licenses, and unsafe trading. Learn why Banxso is not legit.

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IMPERIAL Complete Review: A Detailed Look at An Unregulated Broker's Services and Dangers

When choosing a broker, traders usually focus on trading costs, software, and borrowing power. While these matter, they come second. The most important thing is whether the broker is properly regulated. This decides if your money is safe and if you can get help when problems happen. For IMPERIAL, whether it follows regulations is the first and most important thing you should know. This affects everything else the broker offers. IMPERIAL offers trading features that look good on the surface, but it has a serious problem that cannot be ignored. Knowing this from the start is extremely important for keeping your capital safe.

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