The British Financial Conduct Authority (FCA) has added three unregulated brokers to its list.
The three unregulated brokers are InstaFX24, Capitals Banks and Bestivnest. The first one is allegedly based in Marshall Islands, meanwhile the other two in Britain.
Despite none of them being regulated, they are offering their services in regulated countries like the UK. That’s why the FCA has warned the public against them.
For trading use regulated brokers only.