ANSWER Howard Equity Holdings is an unlicensed broker that we advise against trading with despite the seemingly attractive deals it offers.Howard Equity Holdings claims to be operating under FSO license No. #08954653, and we conducted a search in the Companies House (CH) register to verify this claim. While we found corresponding entries that match the license number, it is crucial to clarify that the CH acts solely as a registrar of companies in the UK and does not possess the authority to issue financial licenses or regulate the industry. Merely being registered with the CH does not imply authorization to legally offer financial services or products. Howard Equity Holdings is required to obtain authorization from the Financial Conduct Authority (FCA) before soliciting investors. However, the FCA has issued a warning against Howard Equity Holdings for operating without proper authorization.Regarding your question, we suggest you avoid Howard Equity Holdings since it is an unlicensed broker. It isn't a safe choice for investors when conducting investment activities, as there are no rules in place to prevent from fraud or identity theft. Therefore, to avoid such risks, investors are encouraged to stay away from unlicensed brokers like Howard Equity Holdings and choose a fully regulated one.
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