FCA warns against auto trading site FX Master
UK financial regulator The FCA has issued another warning regarding an unlicensed entity operating in the country.
The latest FCA warning is for FX Master at fxmaster.live. The regulator also cited an individual named Connie Fitch who is associated with the site. The company lists its address as 23 Sandringham Road Leyton, London, United Kingdom, E10 6HJ, with telephone number +442034752946 and WhatsApp number +1 (669) 228-0965.
The fxmaster.live website advertises auto trading for clients in a range of instruments including crypto, forex and stocks. The company lists a corporate number in the UK (11492124) which is associated with a company called BITT-X Limited, which was incorporated in July 2018 but dissolved in January 2020.
The FCA stated that this firm is not authorised by it and is targeting people in the UK. Based upon information it holds, the FCA believes it is carrying on regulated activities which require authorisation.