UK FCA Issues Warning Against Forex Broker Inter Global

The Financial Conduct Authority (FCA) Financial Conduct Authority (FCA) The Financial Conduct Authority (FCA) is the largest financial regulator for all financial markets in the United Kingdom (UK).The UK regulator is responsible for the conduct of firms authorized under the Financial Services and Markets Act 2000. Moreover, the FCA is also responsible for the regulation of behavior in retail and wholesale financial markets, supervision of the trading infrastructure that supports those markets, and the prudential regulation of firms not regulated by the PRA. Its rol The Financial Conduct Authority (FCA) is the largest financial regulator for all financial markets in the United Kingdom (UK).The UK regulator is responsible for the conduct of firms authorized under the Financial Services and Markets Act 2000. Moreover, the FCA is also responsible for the regulation of behavior in retail and wholesale financial markets, supervision of the trading infrastructure that supports those markets, and the prudential regulation of firms not regulated by the PRA. Its rol Read this Term), the United Kingdom’s financial regulatory body, today issued a warning against another fraudulent entity.

The warning comes just a few days after the watchdog warned about Baumer Mansoor Financial Advisory (BMFA), as reported by Finance Magnates.

This time, the firm under the spotlight is Inter Global Ltd, which the FCA believes to have been providing financial services in the UK without its authorisation.

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Almost all firms and individuals offering, promoting or selling financial services or products in the UK have to be authorised by the FCA.

However, Inter Global, which operates online via the website www.fx-inter.com, and purports to “provide both retail and institutional customers with everything needed to make trading simpler, faster and more successful”, has been targeting people in the UK without FCA authorisation.

Website

Upon further investigation into the brokerage’s website, Finance Magnates was unable to find any evidence of Regulation Regulation Like any other industry with a high net worth, the financial services industry is tightly regulated to help curb illicit behavior and manipulation. Each asset class has its own set of protocols put in place to combat their respective forms of abuse.In the foreign exchange space, regulation is assumed by authorities in multiple jurisdictions, though ultimately lacking a binding international order. Who are the Industry’s Leading Regulators?Regulators such as the UK’s Financial Conduct Authority ( Like any other industry with a high net worth, the financial services industry is tightly regulated to help curb illicit behavior and manipulation. Each asset class has its own set of protocols put in place to combat their respective forms of abuse.In the foreign exchange space, regulation is assumed by authorities in multiple jurisdictions, though ultimately lacking a binding international order. Who are the Industry’s Leading Regulators?Regulators such as the UK’s Financial Conduct Authority ( Read this Term by any regulatory authority and access to the firm’s rules and regulations, which usually shed some light as to the firm’s location, were directed to the ‘Contact Us’ page.

The FCA has therefore issued a warning against using the services of this firm and advises investors to only deal with licensed financial firms which can be checked against the Financial Services Register containing information on firms that are regulated by them.