FCA Warns Against BTC TRADE

The Financial Conduct Authority (FCA) issued a warning against investing in BTC TRADE. The FCA highlighted that BTC TRADE is not authorized to operate in the UK, raising red flags for investors. The regulatory body urged the public to be cautious and avoid dealing with unregistered firms like BTC TRADE to protect their investments and financial well-being.

Unauthorised firm details

Name: BTC TRADE / BTCTRADE.WORLD

Address: 1 The Green, Winchmore Hill, London, UNITED KINGDOM, N21 1BB

Email: info@btctrade.world,

business@btctrade.world

Website: https://btctrade.world/

While exposing this unauthorised broker, FCA stated that Almost all firms and individuals must be authorised by us if they offer, promote or sell financial products or services in the UK. But this firm does not follow this rule. The FCA warned investors to avoid unauthorised brokers and to report any suspicious activity to the authorities. FCA has also reminded investors to be vigilant when dealing with forex brokers.

About FCA

Financial Conduct Authority (FCA) is a regulatory body in the UK. The FCA's main role is to protect consumers by regulating financial products and services, promoting competition, and ensuring that financial firms are financially stable. The FCA also has the power to investigate and take enforcement action against firms that breach its rules and regulations.

WikiFX Review

When we searched for BTC TRADE on WikiFx. We found WikiFx issued a warning against this broker by stating

Warning: Low score, please stay away!

It has been verified that this broker currently has no valid regulation. Please be aware of the risk! The current information shows that this broker does not have trading software. Please be aware!

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