Uk Fca Warns Against London-Based Forex Broker Slstrade; Disgruntled Investors Bill Slstrade Of Scamming

Image credit: Third Sector


The Financial Conduct Authority (FCA) inward the UK of Britain too Northern Republic of Ireland has issued a warning against London-based SLStrade.com, an unlicensed Forex broker:
“This describe solid is non authorised past times us too is targeting people inward the UK. Based upon data nosotros hold, nosotros believe it is carrying on regulated activities which involve authorisation.”
The FCA has advised investors to banking concern represent the legal condition of each fiscal describe solid alongside the Financial Services Register. Firms that are non on this listing or the Interim Permission Register should live on avoided too reported immediately.

FCA’s alert against SLS trading comes on the heels of multiple complaints lodged against the describe solid on ForexPeaceArmy, a forum for FX traders. One user alleges that a broker at SLStrade past times the advert Michael Dobson - who was using a photograph of Carlos Slim Domit every mo his profile photograph on Skype - defrauded him of $2000 on a supposed unsmooth fossil oil trade.



Another defrauded investors claims he lost $8500 alongside SLStrader due to a supposed glitch on the NASDAQ exchange.

There accept been allegations from disgruntled investors that SLStrade.com, ForexBLVD.com, Icetrader.com too Fx-inter.com are i company, or at to the lowest degree related, only this link has non been confirmed yet.

It's worth noting that FX broker Icetrader.com, a subsidiary of CIF Glistentree Holdings, lost its license inward Republic of Cyprus of late too possessor Danny Rothman (Daniel Rubinstein) was fined €100,000 for submitting forged documents to the CySEC.

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