FCA warns against EU Capital

The Financial Conduct Authority from Britain has placed the broker EU Capital on its blacklist.

EU Capital offers Forex, crypto, stocks, commodities and indices trading. The name suggest that it is an EU broker, but it is not.

In fact, EU Capital is based in Marshall Islands and is not regulated at all. Therefore, it is breaking the law when soliciting UK and other EU residents. This is why the FCA has warned against it.

The FCA has also identified two other unregulated companies offering investment services: Privè Global Management Services (PGMS) a Morgan Wealth Advisory.

For your trading, use regulated brokers only.