FCA Latest Flurry Adds Several FX and Binary Options Brands to Warning List

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FCA Latest Flurry Adds Several FX and Binary Options Brands to Warning List

Postby kreslik.news » Sun May 20, 2018 4:40 pm


The Financial Conduct Authority (FCA) has issued multiple warnings to ‎investors advising them not to use the services of several unregulated ‎brokerage firms.‎

The latest regulatory flurry includes forex and binary options ‎brokers that appear to be soliciting and/or accepting funds ‎from UK residents without having obtained FCA ‎registration.‎

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Echoing previous warnings, the FCA ignores that ‎unauthorised brokers continue to promote unregulated investments, ‎taking money from the general public, and the regulator is ‎powerless to do anything.

According to the City watchdog, many of these entities are acting in a ‎capacity requiring them ... (read more)

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