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FCA Warns: Beware of the Unlicensed Forex Broker UnitedFxTrade
Extrait：UnitedFxTrade tries to be a reliable forex broker that will help you earn some decent money on the side by claiming its global regulation.
An Unregistered Forex Broker in the US
UnitedFxTrade claims it is licensed and regulated to offer investors access to a wide range of markets to trade forex, indices, stocks, etc, but actually it has no authorization to do so.
Headquartered in the CA, US, UnitedFxTrade must be registered as a futures commission merchant and foreign exchange dealer with the CFTC and to be a member of NFA as US- based reliable forex brokers do. However, no results matched with UnitedFxTrade on the two regulatory bodies.
The FCA Added UnitedFxTradeinto Its Warnings
What's more, the company was recently added to the FCA's warning list. On 13 April 2022, the UK's financial watchdog added UnitedFxTrade to its alert list, saying that this firm is not authorised by it and is targeting people in the UK.
An unregulated broker is clearly not authorized to operate in any regulated country.
Avertissement:
Les opinions exprimées dans cet article représentent le point de vue personnel de l'auteur et ne constituent pas des conseils d'investissement de la plateforme. La plateforme ne garantit pas l'exactitude, l'exhaustivité ou l'actualité des informations contenues dans cet article et n'est pas responsable de toute perte résultant de l'utilisation ou de la confiance dans les informations contenues dans cet article.
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Courtiers WikiFX
Interactive Brokers
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AvaTrade
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HFM
XM
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