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Attention Members:
We want to urgently alert you about Phoenix FX Trade, a firm involved in providing or promoting financial services/products without official authorization. Engaging with this firm poses significant risks, and we strongly advise avoiding any dealings with them.
Key Concerns:
– Unauthorised Operations: Phoenix FX Trade is not authorized by financial regulatory bodies, potentially targeting UK residents illegally.
– Risk of Scams: High likelihood of fraudulent activities. Always verify the legitimacy of firms before engagement.Firm Details:
– Name: Phoenix FX Trade
– Address: Wall St, New York, NY, 10005 USA
– Telephone: +18148539040
– Email:support@phoenixfxtrade.com
– Website:www.phoenixfxtrade.com
Warning Signs:
– Inconsistent Contact Information: Be wary as such firms often provide false or changing contact details.
– Risk of Misrepresentation: Details might be falsely associated with legitimate businesses.Implications for You:
– No Financial Protection: Dealing with Phoenix FX Trade excludes you from protections like the Financial Ombudsman Service or Financial Services Compensation Scheme (FSCS).
– Financial Risk: High chance of losing your investment if the firm collapses.