The British Financial Conduct Authority has published warnings against seven unregulated entities.
The following brokers offer trading with currencies, cryptocurrencies and other assets, but always indirectly through contracts for difference. This kind of trading is always regulated.
But the following brokers are soliciting UK residents without being licensed:
- Glenmore Investments
- Yes Trading / Yes Option
- Prestige Financial Markets
- Legal Trade
- Royal Markets Online / Royal CFDs
- Fair Oaks Crypto
- Good Crypto
Such unregulated brokers cannot legally operate not only in the UK, but in almost every other country.
For trading use regulated brokers only.