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UK FCA Warned Unauthorized, Cloned FX Brokers
Abstract:Forex fraudsters sometimes claim to be regulated in order to capture traders' faith. When trading forex, it is essential to examine the regulators' registries.

To protect investors' money, financial regulators like the UK Financial Conduct Authority (FCA) keep their blacklists up-to-date, which puts fraudsters' claims on display.
The UK FCA has cautioned unlicensed forex brokers not to engage in activities that need regulation in the UK without a license. The following is a list:
1. XTB Global (Clone of FCA Authorised Firm)
Address: 124 King Street, London, UNITED KINGDOM, W6 0QU
Telephone: +442045243951
Email: support@xtb-global.com,
compliance@xtb-global.com,
tradingdesk@xtb-global.com,
analyst@xtb-global.com,
m.bisch@xtb-global.com,
a.wolff@xtb-global.com
Website: www.xtb-global.com
2. Unauthorised firm - WWW.FINCHES-INVESTMENT.XYZ / DIGITALCOIN
Address: 20-22 Wenlock Road, London, England, UNITED KINGDOM, N1 7GU
Email: support@www.finches-investment.xyz
Website: https://finches-investment.xyz/
3. Unauthorised firm - FXM VENTURE
Address: Lanarkshire, Glasgow, Scotland, UNITED KINGDOM, G2 1QX
Website: https://fxmventure.com/
4. Unauthorised firm - WINVESTOCK
Address: 60 Great Tower St, London, UNITED KINGDOM, EC3R 5AZ
Telephone: +447418359558
Email: support@winvestock.com
Website: https://winvestock.com/
5. Unauthorised firm - CAPITAL WEALTH TRADE
Email: support@capitalwealthtrade.com
Website: https://capitalwealthtrade.com/
6. Unauthorised firm - PRIME GOLD INVEST / PRIMEGOLD INVESTMENT GROUP
Address: 350 5th Ave, New York, UNITED STATES OF AMERICA, NY 10118Telephone: +19177086904
Email: support@primegoldinvest.com
Website: https://primegoldinvest.com/
7. Unauthorised firm - DIGICOINFX
Address: First Floor, West Barn, North Frith Farm, Ashes Lane, Hadlow, Tonbridge, Kent, UNITED KINGDOM, TN11 9QU
Email: support@digicoinfx.com
Website: www.digicoinfx.com
8. Unauthorised firm - BLOOM MARKET TRADING
Telephone: 07747195352
Email: info@bloommarkettrading.com
Website: www.bloommarkettrading.com
9. Unauthorised firm - CHAINSWIFTFX
Address: 24 Spring St, Tyburnia, London, UNITED KINGDOM, W2 3RF
328 Grove Road, Mitcham, CR4 1AB
Telephone: +13216138304
Email: info@chainswiftfx.com
Website: https://chainswiftfx.com/
10. Unauthorised firm - DFINEXMARKET
Website: https://dfinexmarket.com/
Other Information: D FINE XMARKET
11. Unauthorised firm - Cryptonance Brokerage
Address: 74 Stamford Road, Apperley, UNITED KINGDOM, GL19 8ZA
Telephone: 7949635220
Email: info@cryptonancebrokerage.com
Website: www.cryptonancebrokerage.com
12. coinpass.Ltd (Clone of FCA Authorised Firm)
Telephone: +447422851335, +447476696749
Email: admin@coinpass.ltd,
support@coinpass.ltd,
coinpass.ltd@hotmail.com
Website: www.coinpass.ltd
13. Unauthorised firm - DynamicFx Trade
Email: support@dynamicfxtrade.com
Website: www.dynamicfxtrade.com
14. areatrading.io / AreaTrading Advisors LTD (Clone of FCA Authorised Firm)
Telephone: +442030976318, 02030973442, 07360533804, +442080973824, +8801741090235
Email: support@areatrading.io,
compliance@areatrading.io,
william.miller@areatrading.io,
support@areatrading.pro
Website: www.areatrading.io, www.areatrading.pro
15. Unauthorised firm - APEX CRYPTOFX
Email: support@apex-cryptofx.com,
info@apex-cryptofx.com
Website: www.apex-cryptofx.com
Without permission from the UK FCA, these companies offer financial services or products in the UK. That means you will not be protected by the Financial Services Compensation Scheme (FSCS), and you are unlikely to get your money back if things go wrong.
Checking the license of the broker you are going to trade with is always the first thing you need to do when investing.
About WikiFX
The WikiFX App is a Forex trading search engine, online app, and mobile app that offers full broker information. It lists more than 40,000 brokers, both registered and unregistered so that people can check on their favorite broker without leaving the app.
Here's how to use the WikiFX App to find out whether a broker is licensed or not.
Step 1: Launch the WikiFX App on your smartphone or enter www.wikifx.com into your browser.

Step 2: In the search window, type in the name of your desired broker.
Step 3: If the results have the same name, don't be alarmed. As previously stated, cloned and unregulated brokers are also included so that users can easily determine whether the chosen broker is legitimate or a scam.

Step 4: Once you've chosen the proper broker, you should be able to see all of the key information, such as trading offers, deposit and withdrawal alternatives, and, most importantly, the broker's common problems based on reviews and comments from traders all over the world.


You may also contact WikiFX Support for assistance with your questions.
To remain up to date on the newest news, download the WikiFX App from the App Store or Google Play Store.

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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