FCA-Regulated Forex Brokers Are Declining — 31 Platforms to Avoid
As of December 1, 2025, a total of 105 companies in the United Kingdom held CFD licences.
简体中文
繁體中文
English
Pусский
日本語
ภาษาไทย
Tiếng Việt
Bahasa Indonesia
Español
हिन्दी
Filippiiniläinen
Français
Deutsch
Português
Türkçe
한국어
العربية
Abstract:The UK regulator, the Financial Conduct Authority (FCA), issued a warning against an unauthorized broker named OCTAL TRADE PRO. The FCA declared that the entity may offer or promote financial services or products without its license. The authority shared all the relevant details about this fake firm.

The UK regulator, the Financial Conduct Authority (FCA), issued a warning against an unauthorized broker named OCTAL TRADE PRO. The FCA declared that the entity may offer or promote financial services or products without its license. The authority shared all the relevant details about this fake firm.
Name: OCTAL TRADE PRO
Address: 52 Elighton Road, London, UNITED KINGDOM
Email: support@octaltradepro.com
Website: https://octaltradepro.com/

Almost all firms and people in the UK must be authorized by the FCA to provide or promote financial services. However, this firm does not adhere to this guideline. According to the authority, we do not authorize this firm, which may be targeting consumers in the United Kingdom.
You should avoid dealing with this firm and be wary of scammers. If you engage with this firm, you will not have access to the Financial Ombudsman Service to file a complaint.
Also, You will not be protected by the Financial Services Compensation Scheme (FSCS) if something goes wrong. This implies you're unlikely to receive your money back if the company goes out of business.
The authority urges clients to only deal with authorised financial firms. Check the Financial Services Register to verify a firm's authorization status.
If you want to stay updated with such news. Download the WikiFX app and make your trading journey safer and smoother.

Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.

As of December 1, 2025, a total of 105 companies in the United Kingdom held CFD licences.

Failed to withdraw your funds successfully from the TDFX platform? Did the Australia-based brokerage firm illegitimately take away your trading profits? Have you witnessed losses on the broker’s trading platform due to heavy slippage? Did you also struggle transferring your funds from the TDFX trading account? You are not alone! These allegations have somewhat degraded the rating of the forex broker. Through this TDFX review article, we aim to investigate user complaints so that you can decide whether this trading enterprise is right for you. Keep reading to find our analysis.

With the rapid growth of the global multi-asset investment market, the disparities in the forex industry across different regions have become increasingly evident. As a forex broker information service platform operating in over 200 countries and regions, WikiFX is committed to helping investors in each region identify reliable brokers. Therefore, WikiFX launched a series content — Close Up with WikiFX, which offers in-depth interviews with local brokers. Leveraging WikiFXs robust big data system and industry insights, the series aims to help investors gain a deeper understanding of high-quality brokers. In this exclusive interview, we had the opportunity to speak with Konstantinos Theodorou, CEO of InterStellar Group-Cyprus, to explore the company’s operations and market insights.

BotBro is a Dubai-based forex broker that has continued to grab headlines for years, with its name being involved in one scam after another. In the latest episode, its name was found in the alleged INR 800 crore forex and crypto trading scam in Goa. Top-level agencies, including the Enforcement Directorate (ED), are investigating the case. They have labeled the platform as a Ponzi scheme. The platform is disguised as an AI-powered forex trading app. In connection with this case, the Goa Police Economic Offences Cell (EOC) filed a First Information Report (FIR) against 10 individuals, including the company owner, Lavish Chaudhary Alias Nawab Ali, for fund misappropriation worth over INR 7.3 crore. Read on as we share the BotBro review in this article.