British Financial Conduct Authority has warned the public against three unregulated brokers.
The first warning is about the Forex broker Meta Investing. This broker is based in Marshall Islands and is not regulated. Despite this fact it is targeting customers in regulated countries like the UK.
On the FCA’s black list you will now also find Cryptobourse, which is a cryptocurrency broker. It lets people trade cryptos via CFDs, which requires a licence, but Cryptobourse is not regulated.
And finally, after the FINMA’s warning the FCA also warned against Trade Capital Investments, which is an unregulated broker that pretends to be based in Switzerland, but it is not.
For trading use regulated brokers only.