- 2023-08-02 The UK FCA issues a warning against MySteel UK
On August 3, 2023, the Financial Conduct Authority (FCA) issued a warning against MySteel UK, believing this broker might be providing financial services or products without proper authorization. https://www.fca.org.uk/news/warnings/mysteel-uk
- 2023-08-03 BrokersView has reviewed that MySteel UK is an unregulated broker
MySteel UK provides an address in the UK to appear legitimate. However, the Financial Conduct Authority (FCA) has added it to its warning list as an unauthorized firm.
In essence, MySteel UK is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. It is unequivocally a scam.
MySteel UK provides an address in the UK to appear legitimate. However, the Financial Conduct Authority (FCA) has added it to its warning list as an unauthorized firm.
In essence, MySteel UK is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. It is unequivocally a scam.
- 2025-12-07 BrokersView has identified that MySteel UK's website is currently offline
BrokersView found that the domain "https://www.mysteelukltd.com/" is currently inaccessible. This is widely regarded as a significant red flag, as the suspension of a broker's website often points to underlying regulatory or operational issues.
BrokersView found that the domain "https://www.mysteelukltd.com/" is currently inaccessible. This is widely regarded as a significant red flag, as the suspension of a broker's website often points to underlying regulatory or operational issues.
Copyright © 2026 FastBull Ltd
Risk Warning
FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.
Disclaimer
The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.