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Abstract：It's better to be safe than sorry. Every one of us heard this quote. In the forex market, you have to follow it too. As the forex market is full of scammers.
It's better to be safe than sorry. Every one of us heard this quote. In the forex market, you have to follow it too. As the forex market is full of scammers. You never know when they will loot your hard-earned money just in time. The Financial Conduct Authority, known as the FCA, exposed one scam broker that is targeting people in the UK.
Name: FidelityCFD
Address: St James House, Pendleton way, Salford, fidelitycfd.com
Email: backoffice@fidelitycfd.com
Website: www.fidelitycfd.com
These brokers have been found to be operating without proper authorization and have been offering financial services without the necessary licenses. The FCA has advised investors to avoid these brokers and to report any suspicious activity to the authorities.
FCA specifically stated that This firm is not authorised by it and is targeting people in the UK. The FCA has also reminded investors to be vigilant when dealing with forex brokers and to conduct proper due diligence before investing any money. Investors should check the FCA's register of authorized firms to ensure that the broker they are dealing with is legitimate.
To know about the security and reliability of your chosen brokers, you can use Wikifx app. To expand your knowledge and stay informed about the forex market. Download the Wikifx app on your phones.
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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If you are considering depositing money with SOUQ CAPITAL, you are right to be doing your research first. Safety is the most important factor in trading, not just profit potential.
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