FCA warns against GMT Crypto and Goose Investments

The Financial Conduct Authority has added two new investment projects to its black list.

GMT Crypto is offering investments in cryptocurrencies. But it clearly act as a broker, since trading occurs via contracts for difference (CFD).

GMT Crypto is allegedly based in the UK, but the FCA found that it has no licence to provide investment services. Moreover, it is cloning details of another company.

The same problem applies to Goose Investments (gooseinvestments.com), which also is an investment company. It is abusing the identity of another company and it is not regulated, therefore not authorized.

For trading use regulated brokers.

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