Today the UK Financial Conduct Authority put out details of the cloned firm MTA Trade Limited t/a MTA Trade UK. Fraudsters are using the details of firms, authorised by the FCA, to try to convince people that they work for a genuine, authorised firm. The clone firm are using or giving out the following details as part…
Read moreToday the UK Financial Conduct Authority put out details of a cloned firm using the name of the investment advisory firm Portsea Asset Management LLP. Fraudsters are using or giving out the following details as part of their tactics to scam people in the UK: Portsea Asset Management LLP (clone of FCA authorised firm) This…
Read moreUK financial regulator the Financial Conduct Authority (FCA) has issued a warning regarding unlicensed binary options broker Limited Binary. The FCA believes that Limited Binary has been providing financial services or products in the UK without its authorisation. The FCA warns investors to be especially wary of dealing with this unauthorised firm and to learn how…
Read moreUK financial regulator the FCA has continued its crusade of warning investors against unregulated forex and binary options brokers that target UK consumers. some of these brokers try to make it appear as if they have offices and physical presence in the UK. The latest FCA warnings are against BancoFX and CFD1000. BancoFX operates from…
Read moreUK financial regulator Financial Conduct Authority (FCA) has issued its latest warning against an unregulated retail forex broker targeting UK clients, this time regarding TFX Traders operating from website tfxtraders.com. On its website TFX shows that it has offices at 20 Primrose Street, London EC2A 2EW. The FCA warned consumers that TFX Traders is not authorised or licensed by…
Read moreUK financial regulator the FCA has issued a warning regarding retail forex, CFDs and futures brokers TRD Brokers Limited at trdbrokers.net, and TRD Futures Group at trdfutures.com. The website of TRD Futures claims that the company is indeed FCA regulated (see below), giving FCA registration number 493131. That number does exist in the FCA's registry,…
Read moreAbout a month after the French financial markets regulator AMF added RBS Bourse to its “Black List” of unauthorized binary options firms, the UK Financial Conduct Authority (FCA) has also issued a public warning regarding this firm. The company, which operates via www.rbsbourse.com, offers its clients to trade binary options. RBS Bourse claims to be a…
Read moreThe Financial Conduct Authority (FCA) has recently notified the public of a rise in complaints against Forex trading and brokerage firms, with the situation seeing little change since this announcement was made in January this year. The pile of warnings issued against unauthorized Forex and binary options brokers in the UK keeps growing, with the latest…
Read moreThe UK Financial Conduct Authority (FCA) continues to issue warnings against clone firms – unauthorized entities that abuse the details of authorized firms in order to easily lure investors. The UK regulator today issued a warning against another clone - Swiss Investment, operating via www.investmentswiss.com/en/. The company offers a variety of FX services, while misusing…
Read moreThe UK Financial Conduct Authority (FCA) keeps its conquest against clone firms – unauthorized entities that abuse the details of authorized firms in an effort to defraud investors more easily. The latest warning concerns Markets Central Investment, a company which misuses the details of an FCA-licensed firm - Central Markets (London) Ltd. The clone entity,…
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