The UK FCA Added Avalon Brand into Its Warnings On 29 Dec 2022, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that Avalon Brand was providing financial services or products in the UK without authorisation. You may visit: https://www.fca.org.uk/news/warnings/avalon-brand
Avalon Brand
VisitRisk Level - High
Avalon Brand
Risk Level - High
Scam Evidence & Warnings
BrokersView has Reviewed that Avalon Brand is an Unregulated Forex Broker Avalon Brand claims to be registered with Companies House of United Kingdom (CH) and attaches the registration document on its website. We searched the company number 12028533 in CH and found a company named AVALONTRADE LIMITED. However, the address did not match the one on broker's website. Besides, CH is not a forex regulator. It does not regulate forex brokers or issue forex licenses. Having registration or not, therefore, does not mean being authorized to provide financial services.As per United Kingdom law, almost all firms and individuals offering, promoting, or selling financial services or products in the UK shall be authorized by the United Kingdom Financial Conduct Authority (UK FCA). However, we only found a warning against this scam in UK FCA.FCA warned that Avalon Brand was providing financial services or products in the UK without authorisation.The truth is that Avalon Brand is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe, and the money can not be protected by any laws. Therefore, it is a scam.
The UK FCA updates its warning against Avalon Brand On October 19, 2023, the Financial Conduct Authority (FCA) updates its warning against Avalon Brand as this unauthorized firm has changed its website address and continues its unlicensed activities. Please be aware of the risks involved and stay away from the scam. https://www.fca.org.uk/news/warnings/avalon-brand
BrokersView has identified that Avalon Brand's website is currently offline BrokersView found that the domains "https://avalon-brands.com/web/; https://avalon-brand.com/webs/" are currently inaccessible. This is widely regarded as a significant red flag, as the suspension of a broker's website often points to underlying regulatory or operational issues.
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