Retiree loses over RM337,000 in Facebook investment scam
Authorities warn public to verify financial transactions as pensioner duped by fake online investment
简体中文
繁體中文
English
Pусский
日本語
ภาษาไทย
Tiếng Việt
Bahasa Indonesia
Español
हिन्दी
Filippiiniläinen
Français
Deutsch
Português
Türkçe
한국어
العربية
Abstract:The British regulator FCA has issued official warnings against 8 unauthorized brokers on January 5th!!!

To make things straight from the very beginning, on our next screenshots you may check the recent warnings issued on January 5th against 8 Illegal brokers by the Financial Conduct Authority (FCA) in the UK. The FCA, one of the best financial regulatory bodies in the world, has found reasons to distrust these 8 brokers and has issued warnings on them – something that can definitely damage the reputation of even the best of brokers. Take a look:
MAXGROWTH FX
Website: www.maxgrowth-fx.com
Source: https://www.fca.org.uk/news/warnings/maxgrowth-fx

crypto-rate.ltd
Website: www.crypto-rate.ltd
Source: https://www.fca.org.uk/news/warnings/crypto-rateltd

PIPS INDEX FX (Potential other name: Pip Index FX)
Website: https://pipindexfx.com
Source: https://www.fca.org.uk/news/warnings/pips-index-fx

DETOX BANK / DETOXBANK
Website: https://detoxbankuk.net
Source: https://www.fca.org.uk/news/warnings/detox-bank-detoxbank

FXGLOBE CHINA
Website: www.fxglobechina.com
Source: https://www.fca.org.uk/news/warnings/fxglobe-china

PRIMAL CAPITAL BANK
Website: www.primalcapitalbank.com
Source: https://www.fca.org.uk/news/warnings/primal-capital-bank

SWISS HOLDING BANK
Website: www.swissholdingbank.com
Source: https://www.fca.org.uk/news/warnings/swiss-holding-bank

Keller Finance (Clone of FCA Authorised Firm)
Website: www.kellerfin.com
Source: https://www.fca.org.uk/news/warnings/keller-finance-clone-fca-authorised-firm

According to the FCA, none of these 8 brokers is authorized to offer financial services in the UK. In fact, the FCA has stated that these are not licensed brokers and therefore you would not be entitled to any protections. Such warnings prove with almost absolute certainty that a company is running some sort of scam – so refrain from choosing shady enterprises that have received the negative attention of reputable financial authorities like the FCA. The only way to be sure that your investment is in good hands and that you would be treated fairly and in accordance with all laws would be to turn to a licensed, legitimate broker.
WikiFX reminds you that forex scam is everywhere, you'd better check the broker's information and user reviews on WikiFX before investing. You can also expose forex scams on WikiFX. WikiFX will do everything in its power to help you and expose scams, warn others not to be scammed.

WikiFX keeps track of developments, providing instant updates on individual traders and helping investors avoid unscrupulous brokers. If you want to know whether a broker is safe or not, be sure to open WikiFXs official website (https://www.WikiFX.com/en) or download the WikiFX APP through this link (https://www.wikifx.com/en/download.html) to evaluate the safety and reliability of this broker!
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.

Authorities warn public to verify financial transactions as pensioner duped by fake online investment

Failed to withdraw funds from the BDSWISS trading account despite multiple attempts? Did the broker reject your fund withdrawal application without any reason? Did the high slippage lead to massive capital losses? Was the customer support team far from ideal? Many traders have reported these issues online. In this BDSWISS review article, we have examined several such complaints against the forex broker.

When your capital is at risk, trust isn't just a feeling - it's something you can measure. For traders thinking about using the broker Evest, one question is impossible to avoid: Is Evest a trusted partner for your investments, or does it put your investments at serious risk? The answer to this important question, "Is Evest Safe or Scam?", isn't found in the company's ads. You find it by comparing what the broker officially says with the real, often worrying experiences of actual users. This review won't rely on guessing. Instead, we'll take a deep look at the broker's legal status and, more importantly, the number and types of real Evest complaints. Our research is based on public information, mainly from the worldwide broker research platform, WikiFX, to show the truth about Evest's reputation.

Investigate Market10’s regulation status and recent user allegations. Learn why caution is advised with this Forex broker. Read our Market10 review now!