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Operating status: SCAM

On June 12, 2023, the Financial Conduct Authority (FCA) issued a warning against Howard Equity Holdings, believing this broker might be providing financial services or products without proper authorization: https://www.fca.org.uk/news/warnings/howardequityholdingscom
Howard Equity Holdings claims to be regulated under FSO license No. #08954653. Based on the form of the number, we searched for it in the Companies House (CH) register and discovered corresponding entries. The license Howard Equity Holdings asserts to hold is an incoporation certificate issued by the CH. It is critical to note that the agency only serves as a registrar of companies in the UK and has no authority to issue financial licenses or regulate the industry. Mere registration with the CH doesn't mean being authorized to offering financial services or products legally. Furthermore, the Financial Conduct Authority (FCA) has issued a warning against Howard Equity Holdings for operating in the absence of proper authorization.
In essence, Howard Equity Holdings is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. It is unequivocally a scam.
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