FCA warns against Plus500 clone
The FCA has issued a warning against Plus-500, a clone firm that is abusing the details of retail FX and CFD broker Plus500.
The FCA has issued a warning against Plus-500, a clone firm that is abusing the details of retail FX and CFD broker Plus500.
The FCA warns UK investors in certain US listed shares which are being discussed online to use extreme caution.
The FCA reports that, throughout 2020, consumers reported average losses of £45,242 each when investing with “clone” investment firms.
In a rather rare move, the UK Financial Conduct Authority (FCA) has removed a warning against Lanistar Limited.
UK financial regulator The FCA has issued a warning regarding offshore Retail FX and CFDs broker OBTFX, which operates the obtfx.com website.
The so-fx.com website lists courses for both Beginner and Advanced FX traders, costing from £399 up to £995
The FCA said to be aware that scammers may give out other false details or mix these with some correct details of the registered firm.
The UK’s latest warning is regarding UMarkets at website umarkets.com. In Spain, the CNMV added RedfordFX to its warning list.
Jordan Heyward has several online handles, including Instagram: @TradewithJordanfx where he has more than 10,000 followers.
UK financial regulator The FCA has added offshore retail FX and CFDs broker Interactive Trade to its “Warnings” list. Interactive […]