The Financial Conduct Authority from Britain has placed three new brokers on its black list.
The newly blacklisted brokers are Nova Trades, Instafx24 and Brokers Station. They all offer trading with currencies, cryptocurrencies, indices, commodities and stocks.
They all have very similar websites and are targeting UK residents among others. But they have no authorization to do that, they are not regulated.
This is why the FCA has warned the public against these three brokers.
We recommend trading with regulated brokers only.