UK’s FCA updates its warning list with Easy FX Trade and TradeBNP

Discussion in 'Forex Brokers' started by mlawson71, Dec 27, 2018.

  1. mlawson71

    mlawson71

    The UK’s Financial Conduct Authority (FCA) added to more unregulated brokers to its warning list: Easy FX Trade and TradeBNP. According to the regulator, neither of them is authorized to provide financial services in the UK, but they are nonetheless targeting local investors.

    More specifically, the FCA has exposed Easy FX Trade (Easy Trade Global) as a clone of major forex broker Hantec Markets, which is indeed licensed to operate in the UK.

    As regards the other unregulated broker, TradeBNP, it also falsely claims to be licensed by the FCA.
     
    zdreg likes this.