FCA warns against Universe Markets, BinaryOnline, Forex Grand and other brokers

The Financial Conduct Authority from Britain has extended its blacklist of unauthorized brokers.

The FCA has added six cryptocurrency, binary options and Forex brokers to its blacklist. The brokers are not regulated, yet they are trying to get customers in regulated countries such as the Great Britain.

These unlawfully behaving brokers are:

  • Universe Markets
  • BinaryOnline
  • Boerum Holdings
  • GCC Investing
  • Broker XP
  • Forex Grand

For your trading you should use regulated brokers only.

6 thoughts on “FCA warns against Universe Markets, BinaryOnline, Forex Grand and other brokers

  1. I got scammed by this company universe markets. They have took a lot of my money and now there sites are down and I have no contact. What can I do? Is there anyone out there that can help me get my money back?

  2. i paid 250 dollars to Universe Markets to open a trading account. I subsequently found out about them being unlicensed and on the FCA blacklist.
    I asked for my money to be returned and alerted my bank.
    Is there anything else I can do?
    Khan

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