
The UK’s Financial Conduct Authority (FCA) has updated its warnings about unlicensed brokers to alert investors to potential risks.
Last week, the FCA identified six unauthorized financial firms that falsely claim or imply they offer forex trading services. The regulator has released details of these firms to warn UK investors about the risks.
Below are the forex brokers warned by the financial watchdog from July 28 to August 1, 2025. If you find yourself dealing with unregulated brokers, please immediately stop investing more and seek help from your local financial watchdogs.
| Name | Website | Screenshot of homepage | |
| eaonlinetrade.net | support@eaonlinetrade.net | https://eaonlinetrade.net | ![]() |
| EdealFX | / | https://edealfx.net | ![]() |
| tradetaurexfx.com (Clone of FCA authorised firm) | taurex@tradetaurexfx.com | tradetaurexfx.com | ![]() |
| MarvexTrader | / | https://marvextraderapp.net, https://marvextrader-app.net | ![]() |
| Cryptonite AI | / | https://cryptonite-ai.net | ![]() |
| UTForex | / | https://utforex.net | ![]() |
The Financial Conduct Authority (FCA) is the UK’s financial regulator, responsible for overseeing financial markets, ensuring consumer protection, and maintaining fair competition within the industry.
Click to find more brokers regulated by the FCA.