SparkFX Review 2025: Unverified Dubai Claims and Rising Risks in the Arab Market
An in-depth review of SparkFX (Score 1.82) investigating claims of a Dubai license, expansion into Arabic markets, and reports of unfair account bans.
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Abstract:The UK’s reputable regulator, Financial Conduct Authority (FCA), has issued a warning list of firms to avoid. These unlicensed brokers are operating without proper regulation.

The UKs reputable regulator, Financial Conduct Authority (FCA), has issued a warning list of firms to avoid. These unlicensed brokers are operating without proper regulation.
Name: Spectrum Investix
Website: www.spectrum-investix.net
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Name: TradeFlexAMG
Website: www.tradeflexamg.net
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Name: InvestaroX
Website: www.investarox.net
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Name: Greenwise Management Group Limited
Address: 1072 2nd Avenue, New York, UNITED STATES OF AMERICA, NY 10022
Telephone: 13239026479, 16468446124, 17183892702
Fax: 12012557722
Email: admin@greenwisemanagementgrp.com
Website: https://www.greenwisemanagementgrp.com/
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Name: FlexonixTrader
Website: https://www.flexonixtrader.net

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Name: Goma Tradeix
Website: www.gomatradeix.com, www.goma-tradeix-solution.com
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Name: star-trader.net
Website: www.star-trader.net
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Name: Cashwealth
Website: www.cashwealth.net
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Name: Investrixhub
Address: 69 Joy Lane, Whistable, UNITED KINGDOM
Telephone: +12202740208
Email: support@investrixhub.net
Website: www.investrixhub.net
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Name: Crypto Klutz
Website: www.cryptoklutzapp.net

The Financial Conduct Authority (FCA) is the UKs financial regulatory body, responsible for overseeing financial markets and protecting consumers. One of the tools it provides is the FCA Warning List, which includes firms and individuals that appear to be operating in the UK without proper authorization. Being on this list means the broker is not licensed or regulated by the FCA and may pose a serious risk to investors. Unlicensed brokers often engage in deceptive practices, such as making false claims about returns, withholding client funds, or operating with little to no transparency. Investors are strongly advised to avoid dealing with any firm listed on the FCA Warning List, as they are not covered by UK protections, such as the Financial Services Compensation Scheme (FSCS).
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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.

An in-depth review of SparkFX (Score 1.82) investigating claims of a Dubai license, expansion into Arabic markets, and reports of unfair account bans.

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