Blacklist Alert: UK FCA Warns Against 9 Unlicensed FX Brokers

Traders are being increasingly targeted by investment scams carried out via online trading platforms where fraudsters offer trades in forex, CFDs and crypto assets. Some of these scam firms claims to be based in the UK and even claim to be FCA authorised. However, when you check the FCA register to see if they are authorised, you will often get negative results.

BrokersView learned that the FCA recently has issues warnings against 9 forex trading platforms for undertaking regulated activities in the UK without authorisation. Here is the list:

 

1. Unauthorised firm - AstroFXbtcm

Address: 3 More, London Riverside, London, UNITED KINGDOM, SE1 2RE

Email: info@astrofxbtcm.com

Website: astrofxbtcm.com

 

2. Unauthorised firm - INSTANTPREMIERFX

Address: 390 Page Blvd, Springfield, UNITED STATES OF AMERICA, MA 01152

Telephone: +16136669842

Email: support@instantpremierfx.info

Website: https://instantpremierfx.info/

 

3. Unauthorised firm - Forex Trade Inc

Address: 199 Bishopsgate, London, EC2M 3TY

Telephone: 07436345879

Email: support@fxprocapital.org

Website: forextradeinc.com

 

4. CPT Markets & Trades / cpttrades.com (Clone of FCA Authorised Firm)

Email: cpttrades1123@gmail.com

Website: www.cpttrades.com

 

5. ETA Ltd (clone of UK Authorised firm)

Address: 68 High Street, Weybridge, Surrey, UNITED KINGDOM, KT13 8BL

Telephone: 03300016714, 02080973906, 00390293900291

Email: support@etaltd.io,

hermanborsch@protonmail.com

Website: www.etaltd.io, www.etalimited.org, https://etalimited.io

 

6. trust-financial-planning.com (Clone of FCA Authorised Firm)

Telephone: +442070971074, +79311060374, +442080970999, +447716540168

Email: support@tfp.com,

support@trust-financial-plannings.net,

support@trust-financial-planning.com

Website: www.trust-financial-planning.com, www.trust-financial-planing.com

 

7. FxViewInvestment (clone of authorised firm)

Telephone: +35725251100

Website: https://fxviewinvestment.com

 

8. Unauthorised firm - legitimatebitcoin.com

Address: 115 Mansfield Road, Vastham, Nottinghamshire, UNITED KINGDOM, NG133FQ

Email: info@legitimatebitcoin.com

Website: https://legitimatebitcoin.com

 

9. Unauthorised firm - AFX Trade LLC

Address: 22 Bishopsgate, London, UNITED KINGDOM, EC2N 4AJ

Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, MARSHALLS ISLAND

Mobile: 07723334707, 07588839798, 07360535108, 07360538435

Email: casper.p@afxtrader.com,

alic.stanford@afxtrader.com,

anthony.p@atpmarkets.com

Website: https://afxtrader.com/

 

These firms are providing financial services or products in the UK without the FCA's authorisation. 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.

It's a must to check a broker's regulatory status before you start to deal with it.