FCAAGEA Financial Limited is a CFD broker registered on July 5, 2024, offering trading services in financial derivatives such as forex, precious metals, crude oil, indices, and cryptocurrencies to retail and institutional clients. This broker does not provide services to jurisdictions where it would violate local laws or regulations.
Corporate Registration Information and Regulatory Status
According to its official website, FCAAGEA Financial Limited claims to be one of the top 50 financial services companies in the UK, with a registered address at 286 Euston Rd., London. However, the company does not disclose its full name, registration number, or regulatory license number on the website, and it lacks detailed terms of service and legal documents.
Upon verification, no information about "FCAAGEA Financial Limited" could be found on the Companies House website, nor does the Financial Conduct Authority (FCA) have any regulatory information on this company. Additionally, the website design and content are identical to many known scam broker websites, using the same template.
Therefore, FCAAGEA Financial Limited is in reality a fraudulent platform without an actual company or regulatory oversight.
Trading Products
FCAAGEA Financial Limited offers trading in the following financial derivatives:
- Forex: Various major currency pairs, including EUR/USD, USD/CAD, GBP/USD, and USD/JPY.
- Precious Metals: Including Gold (XAUUSD) and Silver (XAGUSD).
- Crude Oil: Offers trading in US Oil (UsOIL).
- Indices: Including Nikkei 225 (N225), German DAX (GER30), S&P 500 (US500).
- Cryptocurrencies: Various digital currency pairs such as Bitcoin (BTC/USD), Ethereum (ETH/USD), Ripple (XRP/USD), etc.
Account Opening Procedure
The account opening process at FCAAGEA Financial Limited is as follows:
- Visit the official website and click the "Register" button at the top right corner to enter the registration page.
- Fill in your personal email and set a login password, then receive a verification code via email.
- Enter the verification code and submit the application form. After successfully registering the account, complete the KYC verification to enable deposits and trading.
Trading Account Information
FCAAGEA Financial Limited's website only provides limited information such as spreads, leverage, and contract size. Key trading parameters, such as account types, trading commissions, minimum/maximum trade size, and maximum position size, are not disclosed.
- Base Currency: USD
- Spreads: Floating spreads starting from 1 pip
- Trading Leverage: 1:100
- Contract Size: 1 lot = 100,000 units of currency
Trading Platform
FCAAGEA Financial Limited offers the ST5 trading platform, which supports both desktop and mobile devices, claiming it has over 50 technical indicators and intraday analysis tools. However, this platform is quite basic and commonly used by scam brokers.
Deposits and Withdrawals
This broker does not clearly specify its supported deposit and withdrawal methods, fees, or minimum deposit/withdrawal amounts on its website.
Summary
Traderknows reminds investors that FCAAGEA Financial Limited is actually a scam broker with no company entity or regulatory oversight. The website offers only a single contact method through email. Investors are advised to choose brokers with transparent information, strong regulation, and a good reputation to avoid unnecessary financial losses.
Currently, FCAAGEA Financial Limited is labeled as "Suspected Fraud" on Traderknows.
