The FCA Warns Against Bulgarian FX Broker Littinvest

[kreslik.news]

The UK’s Financial Conduct Authority (FCA) today published a cautionary note about Littinvest / Explatinum Ltd, a Bulgarian broker that has been offering financial products in the United Kingdom without authorization.

Echoing previous warnings, the FCA also cautioned investors against dealing with financial firms that it has not authorised.

The watchdog added that the company was flagged for offering a variety of currency trading services including unlicensed foreign exchange products and contracts for differences. The FCA pointed out that Littinvest is based out of Sofia, Bulgaria while soliciting its clients using the website https://www.littinvest.com.

Although the FCA has censured Littinvest, the website still ... (read more)