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FCA WARNING AGAINST: OCTAL TRADE PRO
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.
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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.
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