FCA Exposes Unregulated Brokerage StrattonFX with Fake Address
Posted: Thu Apr 27, 2017 10:06 pm
The UK Financial Conduct Authority (FCA) has exposed a new unregulated forex brokerage that is attempting to deceive clients online. StrattonFX is a broker that apparently is claiming to have a UK-based address, but in reality doesn’t have one.
The forex brokerage is using a fake address in London, while also listing that it is operated by a company that is allegedly based in the St. Vincent & Grenadines. Stramax Ltd is claiming to be operating the website and the domain name was registered in September 2015. The registration of the domain also is close to expiring in September this year.