FCA Warns Investors Against Trade WFX

[kreslik.news]

British investors have been warned not to take out any financial services with Trade WFX after the Financial Conduct Authority (FCA) on Tuesday said it had faked its authorisation.

Trade WFX is targeting UK investors offering a full range of offshore investment services, including FX trading services, but the City watchdog has said the registration number on its website is a fake and the firm is not authorised to do business in the UK.

According to the City watchdog, many of these entities are acting in a ‎capacity requiring them to be registered with the FCA. Registration allows ‎the agency to ... (read more)