Avoid These Sites: FCA Names 11 Suspicious Financial Firms

The UKs Financial Conduct Authority (FCA) has issued warnings against eleven entities suspected of offering or promoting financial services in the United Kingdom without the necessary authorisation. These platforms are not listed on the FCA register, and any business conducted with them may leave customers without access to compensation schemes or complaint channels.

List of Unauthorised Entities

1.SELFTRADEINV

Address: Boatmans House, 2 Selsdon Way, London, E14 9LA

Email: support@selftradeinv.com

Website: https://selftradeinv.com

2.Water Cent Savings

Address: 301 East Water Street, Charlottesville, VA, USA, VA 22904

Email: info@watercentsavings.live

Website: https://watercentsavings.live

3.Branding Trades

Address: Lower Addiscombe Rd, Croydon

Email: info@brandingtrades.com

Website: https://brandingtrades.com

4.Alliancx-Trades

Address: 1 Exchange Square, Middlesbrough, TS1 1DE

Email: support@alliancx-trades.com

Website: https://alliancx-trades.com

5.PROBIT INVESTMENTS

Address: 88 Wood Lane, London, W12 0FF

Email: support@probitinvestment.net

Website: https://probitinvestment.net

6.Mont Continental Bank

Address: 301 East Water Street, Charlottesville, VA, USA, VA 22904

Email: info@msb-uk.com

Website: https://easylifeassets.ltd

7.Clarity Cove Advisors LLC

Address: 501 West 34th Street, New York, NY, USA, 10001

Telephone: +1 646 794 0362

Email: info@claritycoveadvisors.com

Website: https://www.claritycoveadvisors.com

8.CryptoNovaPRO

Addresses: Tower Place West, 50 Lower Thames St, London, EC3R 5BU; 263–265 Oxford St, London, W1C 2DF

Telephone: +41 319 008 167 / +41 350 876 41 / +44 207 409 7880

Email: support@cryptonovapro.com

Website: https://cryptonovapro.net

9.MARKET MAJESTY

Address: Suite 305, Griffith Corporate Centre, PO Box 1510, Beachmont Kingstown, St. Vincent and the Grenadines

Telephone: +44 749 162 6960

Email: support@cryptostockmajesty.live

Website: https://cryptostockmajesty.live

10.Mega Heritage Bank

Address: 28 Borough High Street, London, United Kingdom

Telephone: +44 7700 150 893

Email: financial@megaheritagebnk.com

Website: https://megaheritagebnk.com

11.GOLD SOLUTIONS / goldsolution.top

Address: One Creechurch Place, London, EC3A 5AF, United Kingdom

Telephone: +48 573 582 629

Email: support@goldsolution.top

Website: https://goldsolution.top

Compliance and Risk Awareness

According to the FCA, almost all firms offering financial services in the UK must be authorised or registered. These eleven entities are not recognised by the regulator, and any engagements with them may lead to unprotected losses. It is also noted that many of these firms use misleading contact details and sometimes mimic legitimate companies to confuse investors.

Reminder to the Public

Before making any investment decisions, its essential to confirm whether the platform is regulated by the financial authority in its jurisdiction. Regulated platforms generally provide stronger protection mechanisms.

Take the UKs Financial Conduct Authority (FCA) as an example: authorised firms may offer access to the Financial Ombudsman Service (FOS) and fall under the Financial Services Compensation Scheme (FSCS), which provides an added layer of security in the event of disputes or firm insolvency.

To simplify the verification process, tools like WikiFX can help users quickly check a brokers regulatory status across multiple countries.