FCA warns against Fin-techPrime and National Refund Group

The British Financial Conduct Authority has issued two new warnings against unregulated entities.

The FCA has warned that Fintech Prime is an unregulated broker that is offering crypto CFD trading without the necessary authorization.

Fin-Tech Prime allegedly has offices in Estonia, Bulgaria and Marshall Islands. But it has no licence whatsoever.

The second warning concerns National Refund Group. The FCA has not given any more details, but the name suggests that it is a recovery service that is promising money recovery to investment scams victims, but is just another scam also known as recovery room.

For trading use regulated brokers only.

Leave a Reply

Your email address will not be published. Required fields are marked *