FCA warns of IForex24 – fake license

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FCA warns of IForex24 - fake license
Photo: iforex24.com
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IForex24 has been added to the UK Financial Conduct Authority's long warning list. The company has been recognized as an unauthorized financial services provider. According to the official warning that was published, the company does not have the appropriate license by the FCA to provide financial services to British traders and operates outside the scope of the law.

The company appears to be using license data for Axicorp Limited, which is registered with the FCA. Based on the official warning issued by the Financial Conduct Authority, the British authorities further believe that the company knowingly engaged in investment fraud. Then it warns traders not to contract any services with iforex24h.com or iforex24.com and any entity affiliated with them.

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