FCA-Regulated Forex Brokers Are Declining — 31 Platforms to Avoid
As of December 1, 2025, a total of 105 companies in the United Kingdom held CFD licences.
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Abstract:As you all know that there are many brokers with the same name or we can say there are many companies that are copying some real brokers name and be cheating traders.
Before you invest your money in any broker try to find out the real name of that broker so that you will not loose your money, that why WikiFX want help you and show you how you can identify the real brokers and fake brokers that are having the same name in WikiFX Application or website.
After you download WikiFX, you should sign up with your phone number or email address and make sure you verify both of them so that you can be allowed to use any feature of the WikiFX app / website.
Steps to find the difference between fake and real broker that has same name the difference are as follows
1 The real brokers will have most higher scores
2 They will have regulatory license and certificates
3 There website address is real and it can be visited with higher security
To search and identify for a real broker
Click on search bottom with the broker name that you want identify you will see them so make sure you click on top one you will see it has the most higher score and the logo is differ different from the fake broker.
After it's open, click on the scores so that you can see the full information and scores of such brokers spend some little time and get more information about it so that you will know the exact broker you are investing your money.
Always open WikiFX website or Application to know more about thousands information of forex brokers.
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.

As of December 1, 2025, a total of 105 companies in the United Kingdom held CFD licences.

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