Warnings against IPO-DEX, 24hr Trading Academy and Ashwood Holdings

Regulators from the UK and New Zealand have published alerts about three new unregulated services.

The FCA from Great Britain and the FMA from New Zealand have warned the public against dealing with the following investment services:

  • 24hr Trading Academy
  • IPO-DEX
  • Ashwood Holdings

The above-mentioned services are not regulated, clients’ money is not protected with them in any way.

For trading use regulated brokers only.

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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 76-81% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

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