FCA Latest Flurry Adds FX Merchants to Warning List

[kreslik.news]

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

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

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The FCA has recently issued multiple warnings to ‎investors advising them not to use the services of several clone/unregulated ‎investment firms.‎ Also, as we ... (read more)