简体中文
繁體中文
English
Pусский
日本語
ภาษาไทย
Tiếng Việt
Bahasa Indonesia
Español
हिन्दी
Filippiiniläinen
Français
Deutsch
Português
Türkçe
한국어
العربية
Warned by FCA! USGFX UK No Longer Holds FCA License
Abstract：The information on the FCA's official website shows that USGFX UK (Union Standard International Group Limited) no longer has regulatory authorization from the FCA as of December 16, 2022.
And before that, the company canceled its ASIC and VFSC licenses, and so far it has NO financial license!
USGFX was founded in 2006 and declared bankruptcy on July 8, 2020, in Australia, after which, USGFX's AFS license in Australia was officially suspended less than a month later. On September 14 of the same year, USGFX's AFS license was officially canceled.
USGFX had informed clients that they could transfer their accounts originally under ASIC supervision to the UK FCA or Vanuatu VFSC supervision according to notices within their accounts, but many clients fed back that USGFX had not processed their withdrawal requests in recent years. Later, the company canceled its VFSC license. Until last month, USGFX UK's FCA license also lapsed. By this point, the broker was not authorized by any regulator and also received a warning from the FCA on Dec. 29.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
Read more
Gold Prices Fall Instead of Rising, Hitting a Two-Week Low
Despite geopolitical tensions, gold prices have dropped sharply, reaching a two-week low. Markets refocus on Fed policy and broader macro trends.
Nigeria to Launch Sweeping Cybersecurity Reforms Amid Rising Digital Threats
With cyber threats escalating and economic losses exceeding ₦250 billion annually, Nigeria is launching comprehensive reforms to safeguard its digital future and build a more resilient cybersecurity infrastructure.
Overlooking Broker Spreads? It’s Costing You More Than You Think
In the ever-competitive world of online trading, where margins are slim and timing is everything, traders often obsess over entry strategies, risk management, and technical setups. Yet one critical element is routinely underestimated, if not outright ignored, especially by retail and novice traders alike, is the broker’s spread.
Reviewing CFreserve - Regulation Status, Operation Period & More
Has CFreserve deceived you financially? Did you face problems regarding forex investment withdrawals with this broker? You’re not alone! Read this exposure story to know how it's duping investors.
WikiFX Broker
Latest News
HYCM Broker Review 2025: A Comprehensive Overview
WikiFXOneRoyal Expands to Oman, Strengthening Forex Trading in MENA
WikiFXGovt Imposes Import Curbs on Precious Metal to Stop Liquid Gold Inflow
WikiFXReviewing CFreserve - Regulation Status, Operation Period & More
WikiFXStarlink rival Eutelsat pops 22% as France backs capital raise
WikiFXThe Fed held interest rates steady, but some credit card APRs keep going up. Here's why
WikiFXMeta, EssilorLuxottica unveil Oakley smart glasses
WikiFXWikiFX’s Complimentary Protection Services Aim to Safeguard Investors' Legal Rights and Interests
WikiFXExness Acquires €75 Million Property in Cyprus for Future Growth
WikiFXTradeHall vs. HYCM: Which Broker Should You Choose?
WikiFXCurrency Calculator
