UK’s Financial Conduct Authority has exposed two unregulated brokers that are lying about their identity.
The culprits are Forex brokers Easy FX Trade a FC Coin. They claim to have offices all over the world and to be regulated in the UK by the FCA.
But it is not true, Easy FX Trade and FX Coin are not regulated, they just show details of another broker (Hantec Markets) that has nothing in common with them.
The FCA has also place on its black list two other investment companies: City Global Trading and Blooming Finance. They are not authorized to provide investment services.
For trading use regulated brokers.