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Unlimited Stock Trade
On April 9, 2024, the Financial Conduct Authority (FCA) issued a warning against Unlimited Stock Trade, believing this company might be providing financial services or products without proper authorization in the UK. https://www.fca.org.uk/news/warnings/unlimited-stock-trade
On April 9, 2024, the Financial Conduct Authority (FCA) issued a warning against Unlimited Stock Trade, believing this company might be providing financial services or products without proper authorization in the UK. https://www.fca.org.uk/news/warnings/unlimited-stock-tradeContrary to its claims of having been in the market for over five years, the domain name, unlimitedstocktrade.com, was only recently registered in late November 2023. This contradiction is a red flag, suggesting issues with Unlimited Stock Trade's credibility.
The certificate that Unlimited Stock Trade claims to possess appears to have been edited. Furthermore, there are no corresponding records on the register of either the Commodity Futures Trading Commission (CFTC) or the National Futures Association (NFA).
Furthermore, this broker provides an address supposedly in the UK, but it fails to comply with relevant regulations by not registering with the Financial Conduct Authority (FCA). This has led to a warning from the FCA, highlighting its unlicensed status and the substantial risks involved.
In essence, Unlimited Stock Trade is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.
Unlimited Stock Trade appears to be a scam.
Contrary to its claims of having been in the market for over five years, the domain name, unlimitedstocktrade.com, was only recently registered in late November 2023. This contradiction is a red flag, suggesting issues with Unlimited Stock Trade's credibility.The certificate that Unlimited Stock Trade claims to possess appears to have been edited. Furthermore, there are no corresponding records on the register of either the Commodity Futures Trading Commission (CFTC) or the National Futures Association (NFA).Furthermore, this broker provides an address supposedly in the UK, but it fails to comply with relevant regulations by not registering with the Financial Conduct Authority (FCA). This has led to a warning from the FCA, highlighting its unlicensed status and the substantial risks involved.In essence, Unlimited Stock Trade is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.Unlimited Stock Trade appears to be a scam.
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