The Financial Conduct Authority (FCA) recently reminded that 22 Pips and Oxford Wise platforms may provide financial services or products in the UK without FCA authorization, and investors should be cautious when dealing with them. The detailed information is as follows:

Unauthorized company -22 pips

Telephone:+448001026835

Website: https://22pips.com/index.html

Unauthorized Company - Oxford Wise

Address: 1 Canada square, London, ENGLAND, E14 5AB

Telephone: 07360273185

Website: https://oxford-wise.eu

The FCA reminds investors to treat the financial businesses of blacklisted companies with caution and recommends that investors only deal with financial companies authorized by the FCA. If you want to know if the company has obtained FCA authorization, you can check the Financial Services Register. The register contains a 'whitelist' of regulated companies and individuals.

If dealing with unauthorized companies, one will not be able to obtain the "Financial Appeals Commissioner Service" or the "Financial Services Compensation Scheme" (FSCS), in which case, once problems arise, investors are unlikely to retrieve funds.