According to the latest monitoring of the Foreign exchange Sky Eye, the UK Financial Conduct Authority (FCA) has issued a number of warnings to remind investors to stay away from such unregulated black platforms!
On January 10, the FCA issued a warning against BigBlue Fx, warning investors to be wary of dealing with the unauthorised firm.
The FCA warns that BigBlue Fx offers financial services or products in the UK without our authorisation and if you suffer a loss of funds, you will not be able to use the Financial Ombudsman services or be protected by the Financial Services Compensation Scheme (FSCS).
Here are some more details about the platform:
Unauthorized company - BigBlue Fx
Tel: +447520640650
Email: support@bigbluefx.com
Web site: www.bigbluefx.com
The site is still accessible, which means more investors may face potential losses.
According to the official website of BigBlue Fx, it can trade forex, equity derivatives, indices, commodities, cryptocurrencies, etc. MetaTrader 5 is provided on the software.
At the bottom of the website, it claims to be one of the most trusted and transparent brokers in the forex industry and other trading markets with more than 12 years of experience and excellent heritage in the financial markets, but its website does not disclose any regulatory information.
Faced with such complex types of regulatory information, it is difficult for the average investor to distinguish between true and false, and verification is time-consuming and laborious.
As a global corporate financial information query tool, Forex Skyeye is known as "the Skyeye of the Forex industry", and the number of dealers currently included is nearly 40,000, and the supervision of more than 30 countries, and supports 11 languages. In addition to providing basic information query, regulatory license query, credit evaluation, platform identification and other services for included foreign exchange trading platforms. There are also many functions such as exposure, mediation, black platform summary, and investment information, so that investors can fully and timely understand the information of the foreign exchange industry. Allows investors to easily identify the reliability of the platform!