Regulators from the UK and Cyprus have warned against two unregulated brokers.
The British Financial Conduct Authority published a warning about World Techno Trader. It is a cryptocurrencies broker.
World Techno Trader claims to be regulated, but the licence number he provides belongs to another company. So, the broker is lying, and it is not regulated.
The CySEC from Cyprus has published a warning about ECN Capital. It is a Forex broker.
ECN Capital doesn’t say where it is based, but according to the CySEC it is connected to company from Cyprus called Moslok.
But ECN Capital is not regulated, it is not authorized to offer investment services.
For trading use regulated brokers only.