Recently, the Financial Conduct Authority (FCA) in the UK issued an investor warning notice, stating that a company named "OsmosisFX/ https://osmosisfx.com/ ”The company may illegally provide financial services or products to investors without authorization from the FCA.
The FCA believes that OsmosisFX may engage in serious illegal activities such as fraudulent investors and illegal fundraising. And warn investors not to engage in any transactions or investments with the company. If they suffer financial losses, they will not be able to use the Financial Appeals Commissioner's services or be protected by the Financial Services Compensation Scheme (FSCS).
The FCA states that under UK law, almost all companies and individuals providing, promoting, or selling financial products or services within the UK must obtain formal authorization from the FCA. But according to the FCA investigation, OsmosisFX has never obtained any form of financial business license from the FCA.
Detailed information about the platform released by FCA:
Name: OsmosisFX/ https://osmosisfx.com/
Address: 30 Broad St, New York, NY 10004, UNITED STATES of AMERICA
Email: support@osmosisfx.com
Website: https://osmosisfx.com/
The FCA reminds investors to be vigilant that some companies may provide incorrect contact information, including postal address, phone number, and email address, and may change these contact information over time. They may also provide investors with detailed information belonging to other companies or individuals.
At present, the official website of the platform can still be accessed normally, which also means that more investors may face potential losses. According to its official website, OsmosisFX was founded in the United States at the end of 2012 and is an international private equity asset management company with global operations. It has branches in major financial centers such as the UK, Germany, France, the Netherlands, Hong Kong, Singapore, and is trusted by traders from over 120 countries, making it the "preferred choice for foreign exchange trading funds".
However, no regulatory information has been disclosed on the OsmosisFX website, and the lack of such important information is a prominent feature of unlicensed brokers, as legitimate brokers always display their certifications and licenses in a prominent position. Without effective supervision from any regulatory agency to provide investment services, the safety of investors' funds cannot be guaranteed and cannot be protected by any law. We hope that all investors stay away from this platform.
