UK’s Financial Conduct Authority (FCA) today published another warning regarding an unauthorized Forex broker. The latest addition to the warning list is Financial Strategy Holdings, trading as New Trade FX (NewTradeFX).
Via its website, the company offers a wide variety of Forex and CFD trading services to clients that speak English, Russian, French, Italian and/or Arabic. The FCA is particularly concerned that the company is stating that it has an address in the UK and is offering investment services to UK clients but has no permission from the regulator to perform these activities.
The regulator is warning investors against dealing with unauthorized businesses like this one.
Below are the contact details of the unauthorized Forex broker:
Financial Strategy Holdings t/a New Trade FX
Address: Intershore Suites, Vernon House, Sicilian Avenue, London, WC1A 2QS
Website: www.newtradefx.com
Email: [email protected]
Telephone numbers: 020 3734 1922/ 020 3769 5949
To view the official warning by the FCA, click here.