Bucketlist Traders Limited is another clone firm that has been added to the UK Financial Conduct Authority’s long list of alerts. The firm was recognized as an unauthorized financial services provider. According to an official warning issued on Thursday, the company does not have a proper FCA license to provide financial services to UK traders and is outlawed.
In an official warning issued by the Financial Conduct Authority, we also read that the British authorities suspect a brokerage company of knowingly engaging in investment fraud. Traders are encouraged not to enter into contracts with the services of the Bucketlist Traders Limited. In addition, we urge readers to enter into contracts with regulated and legal brokers only, which are governed by many of the rules set forth in the ESMA guidelines, which include split accounts and participate in a financial compensation scheme.
FCA has provided traders with a helpline for consumers and urges everyone who “Bucketlist Traders Limited” phoned or chased in any way to contact them at 0800 111 6768. The UK chief financial regulator regularly updates its alert list. and recommends that traders always conduct a quick check of brokerage services in their online registry before investing in them.