UK FCA Adds Another FX Broker to Warning List

[kreslik.news]

The United Kingdom’s Financial Conduct Authority (FCA) on Wednesday shed light on a FX ‎firm representing itself as CFD Stocks, warning that the unregulated firm has no association whatsoever with any FCA-licensed entity and is operating without authorization.

The watchdog added that the company was flagged for offering a variety of currency trading services and targeting UK citizens without a license.

The FCA pointed out that CFD Stocks is based out of an undisclosed jurisdiction while soliciting its clients using the website https://www.cfdstocks.com.

Growing blacklist

The denouncements follow a suite of similar blacklistings over the last few months. Under the guidelines, companies offering ... (read more)