Scam Alert: 7 Suspicious Brokers Banned by Trusted Authority

One of the Reputed Authority, the Financial Conduct Authority (FCA), has issued a warning against seven illegal brokers who are operating without license. These brokers are offering financial services to people with the intention to commit fraud. They are promoting their services just to swindle people out of their money.

LIST OF SCAM BROKERS

Name: SolavexTrader

Website: www.solavextrader.net

Name: Cloud Invest

Website: www.cloud-invest.net

Name: Crypto Bank

Website: www.crypto-bankapp.net

Name: PlexyTrade

Website: www.plexytrade.net

Name: RevalixTrader

Website: https://revalixtrader.net

Name: Q Savings

Address: UNITED KINGDOM

Telephone: +447700104668

Mobile: +13322163850

Email: quantocksavings@gmail.com

Website: https://qsavings.pro/

Name: The Crypto Invest

Address: UNITED KINGDOM

Telephone: +923293397221

Email: thecryptoinvest1@gmail.com

Website: https://thecryptoinvest.net/

Name: ROBOTRADE / robotrade.vip

Address: Boroughbridge Road, Birmingham, UNITED KINGDOM

Telephone: +447795959667

Website: https://robotrade.vip/

What Is FCA ?

The Financial Conduct Authority (FCA) is the United Kingdom‘s independent financial regulatory body responsible for overseeing financial markets and firms. FCA’s core responsibilities include protecting consumers, maintaining the integrity of the UK financial system, and promoting healthy competition within financial markets.

Why FCA Warning Matter?

An FCA (Financial Conduct Authority) warning is a serious alert that a broker or financial service is operating without proper authorization in the UK. The FCA is one of the worlds most respected financial regulators, and its role is to protect investors from fraud, scams, and unethical practices.

If a broker receives an FCA warning, it means:

1. The broker is not licensed or regulated by the FCA.

2. It is not allowed to offer financial services in the UK.

3. Your funds are not protected under UK financial laws.

4. You have no legal recourse if the broker disappears or refuses withdrawals.

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