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Abstract:Traders need to stay informed, as scam brokers are active in the forex market. It's a basic rule for forex beginners to stay updated and check the Warning List. Here is the Warning List of unauthorized brokers you should avoid.
Traders need to stay informed, as scam brokers are active in the forex market. It's a basic rule for forex beginners to stay updated and check the Warning List. Here is the Warning List of unauthorized brokers you should avoid.
1. Name: Flipcoin
Address: London
Email: support@flipcoin.exchange
Website: www.flipcoin.exchange
2. Name: elitepipsfx
Address: 60 Gresham Street, London, EC2V, 7BB
Mobile: 07846608772
Email: info@elitepipsfx.com
Website: https://elitepipsfx.com/
3. Name: Norinchuckin UK Bank London/norinchukinuk.com (Clone of FCA authorised firm)
Email: noreply@norinchukinuk.com,
info@norinchukinuk.com
Website: www.norinchukinuk.com
4. Name: London Block exchange/LBX
Address: 1 Canada Square, London, E145AB
Website: www.lbx.com
5. Name: Savexa
Mobile: +447822107974
Email: support@savexa.com
Website: www.savexa.com
6. Name: Quantafxai
Address: 16-18 Monument St, London, UNITED KINGDOM, EC3R 8AJ
275 Slater St. #900, ON Ottawa, CANADA, K1P 5H9
Email: support@quantafxai.io
Website: www.quantafxai.io
7. Name: BullUndBear
Address: 167-169 Great Portland Street, London, UNITED KINGDOM, W1W 5PF
Mobile: +447520637318
Email: support@bullundbear.com
Website: www.bullundbear.com
8. Name: MaxAi Trader
Address: Elmfield Rd, Broadway, Bromley, UNITED KINGDOM, BR1 1LW
Telephone: +448455642134
Email: support@maxaitrader.com
Website: www.maxaitrader.com
9. Name: TRADERS PROFIT
Address: 25 St Mary Axe, London, EC3A 8AA
Email: support@tradersprofit.live
Website: https://tradersprofit.live
10. Name: Moneywise / moneywisemarketplace.com
Email: info@moneywisemarketplace.com,
paul@moneywisemarketplace3.co.uk
Website: https://moneywisemarketplace.com/
FCA Said
The Financial Conduct Authority (FCA) stated that these firms may be offering or promoting financial services or products without its authorization. The FCA warns clients to avoid dealing with these firms and beware of scams.These firms are not authorized and may be involved in swindling peoples money. Stay alert—investment scams are becoming increasingly common. While forex beginners are often the main targets, even experienced traders are now falling victim too.
Check this article too - www.wikifx.com/en/newsdetail/202507072324611571.html
Find the FCA Warning List Here
The latest list is available on the official FCA website. To view it, visit the website, go to the News section, and click on Warnings to see the latest list of scam brokers.
Stay Updated—Join WikiFX Community
Want to stay informed about the latest forex news and scam alerts in the forex market? Whether you're a beginner or an experienced trader, join our Telegram community: WikiFX India. We focus solely on educational updates, forex news, and market insights. We focus solely on educational updates, forex news, market insights, and verified promotional alerts related to the global forex market.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
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