ANSWER Dear Investor,
Thank you for reaching out to us. Our investigation indicates that Incore Forex is not licensed in the UK. There are two warning signs to watch out for:
Firstly, the website seems to have emerged recently, with its domain name registered less than a year ago. Investors are always advised to avoid new trading platforms, especially those with limited information available for research.
Secondly, while the broker claims to be based in the UK, there are no indications that it is registered with the Financial Conduct Authority (FCA). This means Incore Forex is operating out of the country without the necessary licenses.
Therefore, Incore Forex is suspected to be a scam. Investors should stay away from it to protect themselves from potential fraud schemes.
See more