Five Unauthorised Brokers Warned by the FCA

UKs watchdog, the Financial Conduct Authority (FCA), recently issued a fraud alert against brokers who are operating without a license but still offering financial services. The FCA has identified these scam brokers and is warning the public not to engage with them under any circumstances. Check out the names of those brokers below.

Unauthorised firm details

Name: TOKENHEDG

Address: 700 Brazos st Austin Texas, Austin, United States, 78701

Email: support@tokenhedg.com

Website: www.tokenhedg.com

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Name: InvestarioX

Website: www.investariox.net

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Name: GenixWeb

Address: 124 City Road, London, United Kingdom, EC1V 2NX

Email: admin@genixwebltd.com

Website: www.genixwebltd.com

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Name: Trade 350 App

Website: www.trade350app.net

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Name: bgc-brokers-lp.com (Clone of FCA authorised firm)

Telephone: +971521045342, +447731899784

Email: support@bgc-brokers-lp.com

Website: https://bgc-brokers-lp.com/en/

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Why FCA Warning Matters?

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.

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