FCA warns against 24xforex / PACO World System Ltd
24xforex / PACO World System Ltd is not authorised or registered by the FCA. Based upon information that FCA holds, they believe that the firm is carrying on regulated activities which require authorisation.
Details of the Unauthorised firm -24xforex / PACO World System Ltd
Address: Rue Pre-Bois 22, CH-1215 Geneva 15, SWITZERLAND
The Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Republic of the Marshall Islands, MARSHALLS ISLAND
Brokerswatch recommends investing only with brokers that are regulated by reputable authority.
Reputable regulatory authority provides additional protection to investors by ensuring that financial firms apply proper standards and rules. Additionally, if the broker tries to cheat you out of your money, it is the regulator’s job to force the financial firm to compensate you for any wrongdoing.