ANSWER The Financial Conduct Authority (FCA), the UK's financial watchdog, has identified FalconCM as an unauthorized firm in the UK. This trading platform evidently lacks a UK license, and it appears to be an unregulated broker posing significant risks. Investors are advised to exercise extreme caution and steer clear of FalconCM.The license from the Crypto Conduct Authority (CCA) cannot be equated with those from financial regulatory authorities. The CCA is a self-regulated organization, and its authority may not carry the same weight as that of a government entity. The situation with the Marshall Islands Registry (IRI) is similar. Mere registration with the IRI does not equate to authorization from a financial regulator. As such, despite claiming to be registered with the CCA and the IRI, FalconCM remains unregulated.To avoid falling victim to fraud and identity theft, we strongly advise investors to steer clear of FalconCM. It is preferable to opt for a fully regulated broker to safeguard traders' interests.
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