Warnings (23.07): ADMBTC, CryptoTrade, Uni-Coins…
Table of Warnings
FCA warns against 5 unlicensed brokers
Five entities appeared on the FCA’s list of warnings that offer investment services without the required license.
FCA warns against:
Logic IQ
WEBSITE: www.logiciq.co
COMPANY: Logic IQ LLP
Check out the previous warning about this platform issued by FINMA.
Platinumhitech
WEBSITE: www.platinumhitech.com
TorexFX
WEBSITE: www.gloryft.com / www.torexfx.com
COMPANY: 42 Marketing Limited
A dishonest broker uses the data of another properly registered company to gain the trust of a potential investor.
Company’s data that TorexFx uses:
Company’s name: Fortrade Limited
Reference number: 609970
Proprietary domain: www.fortrade.com
Scala Capital
WEBSITE: www.scalacp.com
Check out the previous warning about this platform issued by CNMV.
A dishonest broker uses the data of another properly registered company to gain the trust of a potential investor.
Companys data that Scala Capital uses:
Company’s name: Scala Capital Partners Limited
Reference number: 554493
McCarter Capital Partners
WEBSITE: www.mccarter-capitalpartners.com
FMA warns against Uni-Coins broker
Uni-Coins is an unlicensed broker offering investment brokerage services based on cryptocurrencies. Due to the lack of a license, the services it offers are illegal. Placing funds on this platform may result in their loss. The broker on the website does not provide basic information that could allow the investor to carry out a reliable verification.
FMA warns against:
Uni Coins
WEBSITE: www.uni-coins.global
We warn against Cryptotrade.capital and admbtc.com platforms
Admbtc.com is a platform that offers investment brokerage services based on cryptocurrencies. However, no information is available on the website about the company that supervises the platform’s functioning. There is also no data on the license that is required to be able to offer financial services. According to the reports of the aggrieved party, people claiming to be “investment advisers” require the payment of additional fees and commissions when the client tries to withdraw funds from the platform. Commissions and any taxes that the broker calls for when trying to withdraw funds are false. Additional fees requested by a dishonest broker are aimed at extorting more money from the aggrieved person.
The person injured by Cryptotrade.capital lost funds not only from an account available on a fictitious platform of a rogue broker but also savings from a bank account were siphoned off via a remote computer support program. The website has an original Russian language version, it is also available in Polish and English.
ForexRev warns against:
ADMBTC
WEBSITE: www.admbtc.com
CryptoTrade
WEBSITE: www.Cryptotrade.capital
