简体中文
繁體中文
English
Pусский
日本語
ภาษาไทย
Tiếng Việt
Bahasa Indonesia
Español
हिन्दी
Filippiiniläinen
Français
Deutsch
Português
Türkçe
한국어
العربية
Warned by FCA! USGFX UK No Longer Holds FCA License
Abstract：The information on the FCA's official website shows that USGFX UK (Union Standard International Group Limited) no longer has regulatory authorization from the FCA as of December 16, 2022.
And before that, the company canceled its ASIC and VFSC licenses, and so far it has NO financial license!
USGFX was founded in 2006 and declared bankruptcy on July 8, 2020, in Australia, after which, USGFX's AFS license in Australia was officially suspended less than a month later. On September 14 of the same year, USGFX's AFS license was officially canceled.
USGFX had informed clients that they could transfer their accounts originally under ASIC supervision to the UK FCA or Vanuatu VFSC supervision according to notices within their accounts, but many clients fed back that USGFX had not processed their withdrawal requests in recent years. Later, the company canceled its VFSC license. Until last month, USGFX UK's FCA license also lapsed. By this point, the broker was not authorized by any regulator and also received a warning from the FCA on Dec. 29.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
Read more
IG Group Enters Direct Investment Market with £160 Million Freetrade Buyout
IG Group, a prominent global financial trading and investment company, has announced its acquisition of Freetrade, a commission-free investment platform, for £160 million. The deal, funded through IG’s existing capital resources, marks a strategic move to expand its footprint in the United Kingdom.
Cinkciarz.pl Under Fire: Frozen Accounts, Missing Funds
Cinkciarz.pl, one of Central Europe’s largest currency exchange platforms, has made headlines after accusing major Polish banks of conspiring to undermine its operations. The company has threatened legal action amounting to 6.76 billion zlotys ($1.6 billion) in damages. However, the platform is now under intense scrutiny following allegations of fraud and the mismanagement of customer funds.
BSP and JICA Renew Partnership to Expand Credit Risk Database for SMEs in the Philippines
On December 11, 2024, a significant milestone was reached in the Philippines' financial sector as the Bangko Sentral ng Pilipinas (BSP) and the Japan International Cooperation Agency (JICA) officially signed the ‘Records of Discussion’ for the second phase of the Credit Risk Database (CRD) project. The ceremony at the BSP headquarters in Manila marked a pivotal moment in widening access to financing for small and medium enterprises (SMEs) across the country.
Why Copy Trading is Perfect for New Investors
Learn why copy trading is ideal for new investors. Follow expert traders, minimize risks, and start earning confidently—no prior expertise is required.
WikiFX Broker
Latest News
How Long Can the Dollar Remain Strong?
WikiFXForex Price Trend Prediction! | Come be a New Year Price Winner!
WikiFXHFM NY Special Offer!
WikiFXHow a Promised RM1.4 Million Return Turned into a Costly Scam
WikiFXCinkciarz.pl Under Fire: Frozen Accounts, Missing Funds
WikiFXFirst Unfair Trading Case Reported Under South Korea’s Virtual Asset User Protection Act
WikiFX“Predict and Win” Big Rewards! Join the Contest Now
WikiFXSouth Korean President Yoon Suk Yeol's Arrest Shakes Markets
WikiFXTitanium Capital LLC Ponzi Scheme: Henry Abdo Admits Fraud, Impacting Over 200 Investors
WikiFXSouth Korea's Crypto Regulation Updates for 2025
WikiFXCurrency Calculator
