Tag: FSRS

Please do not fall for the unauthorized offshore broker Uniglobe Markets!

Fake Regulator tamir - March 30, 2022

Uniglobe Markets is an unregulated offshore broker soliciting clients in North America, Europe and Asia. As is typical for an offshore broker, it does not comply with the regulatory requirements of the FCA or ESMA and offer regulatory regimes. It offers, for example, leverage of up to 1:500. The operator is Uniglobe Markets Ltd, registered in St. Vincent & The Grenadies, and the broker shows an impressive performance on Facebook with more than 157,000 followers and several daily postings. You should avoid unregulated offshore brokers at all costs.

Warning against the fake regulator FSRS!

Fake Regulator tamir - March 30, 2022

The UK FCA has issued a warning against the FTrade broker scam which acts as a clone of the FCA-regulated Fortrade Group. The FTrade website (https://fortrade.broker) states that it is regulated by the Financial Services Regulation Scheme (FSRS) with the number 9488487. The FSRS claims that it is an independent financial services organization that controls its registered members. The FSRS certificate would be a guarantee of integrity for the clients of its members. This is bullshit. FSRS is a fake built by scammers for scammers!

FinTelegram is a cyberfinance intelligence and compliance platform investigating financial crime, regulatory violations, and the rails, entities, and ecosystems that facilitate them. Combining investigative journalism, whistleblower intelligence, and forensic compliance analysis, we map risk across payments, banking, crypto, and offshore structures to support transparency, accountability, and informed action.

Disclaimer: FinTelegram is an independent intelligence and compliance platform and does not provide investment, legal, or financial advice. Content published on this website, including references and links to third-party sources, is provided for informational, contextual, and educational purposes only and does not constitute a recommendation, endorsement, or solicitation. Readers must make their own independent assessment and obtain professional advice where appropriate. Past events and referenced materials are not a track record and should not be relied upon as an indicator of future results.