Rhodium Forex Flagged by UK’s FCA as Unlicenced Broker

[kreslik.news]

The Financial Conduct Authority (FCA), the United Kingdom’s financial regulatory body, has issued a warning against another fraudulent entity, exposing yet another firm that has been soliciting its services without a licence.

On this occasion, the firm under the spotlight is Rhodium Forex which is aimed at the Russian market and operates a website at www.rhodium-forex.com. The firm, which has listed its contact details as WR Trade Ltd, 1 Hornsey St, London, UK, has, according to an FCA statement, been providing financial services in the UK without its permission.

On further observation, Rhodium Forex’s website was also found to be vague, ... (read more)