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Abstract:UK’s FCA adds Ledger Light FX, fx-alpha.com, RIFA FX, InvestCAN, and NitroPrime to its unauthorised list. Learn the risks of unregulated brokers and how to stay alert.

The UK Financial Conduct Authority (FCA) has published new warnings against five firms suspected of offering financial services without proper authorisation. These entities are not registered with the FCA, meaning they lack the permissions required to provide investment or trading services in the United Kingdom. Engaging with such firms places investors at risk of losing their funds with little or no recourse.

Ledger Light FX has been flagged as operating without FCA approval. Investors are advised to avoid all contact with this entity.

Despite presenting itself as a UK-based trading platform, fx-alpha.com is not authorised to provide investment services.

RIFA FX has built a strong online presence through social media platforms, but the FCA has confirmed it holds no authorisation to operate in the UK.

The platform InvestCAN is also named in the latest warning list. No evidence of authorisation was found.

NitroPrime claims to provide capital trading services but is not recognised by the FCA.
The FCA emphasises that dealing with firms not authorised in the UK leaves investors without access to regulatory protections, including the Financial Ombudsman Service or the Financial Services Compensation Scheme (FSCS). If problems arise, recovering funds may be extremely difficult.
Scammers often rely on urgency and professional branding to win trust. The safest step for traders is to confirm licensing before depositing funds and to review independent exposure reports available on WikiFX.
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.

The Financial Conduct Authority (FCA) has published the FCA Warning List 2025, featuring a number of unauthorised firms you must avoid at all costs. Otherwise, you risk being scammed and losing your hard-earned money.

The UK’s financial organization, the Financial Conduct Authority (FCA), has issued warnings against many unauthorized brokers. The FCA exposes those firms operating illegally on a daily basis through its FCA Daily Alerts. Checkout full FCA warning list below. This list includes firms to avoid, helping ensure that your money is protected.

The UK’s Financial Conduct Authority (FCA) has published the FCA Warning List 2025, featuring a number of unauthorised firms you must avoid at all costs. Otherwise, you risk being scammed and losing your hard-earned money. Checkout the full FCA consumer warning List

A practical FCA checklist for traders: capture the legal name, match the Firm Reference Number (FRN) and claimed domains, and use WikiFX for multi-jurisdiction licence mapping.