ALERT!! Clone Firms are there

Imagine that you have invested your hard-earned money in some broker, and later on, you get to know it‘s not a legitimate broker or firm, but a copy company of the original firm that is using names, logos, and all the details of that Authorised firm to deceive people. It will be earth-shattering news for you. Right. So you must be very cautious while choosing any broker. If you already know about some clone firms, there is a high chance that you will not be scammed. Therefore, in this article, we are telling you about clones that are exposed by the UK’s Watchdog Financial Conduct Authority (FCA) that you must stay away from.

Name: Barclays Wealth/ www.wealth-management-servvices.com (Clone of FCA Authorised firms)

Email: barclays@wealth-management-services.com

Website: www.wealth-management-services.com

Name: Equinox Finances Ltd (Clone of FCA Appointed Representative)

Telephone: +447918828840

Email: info@equinoxfinltd.com,

info@equinoxfinancesltd.com

Name: ARG Finance, ARG Finance Services Limited. ARG Personal Loans (Clone of previously authorised Appointed Representative)

Telephone: +442071936472, +447487308148, +447585345254, +447440739056

Email: simonmose7820@gmail.com,

admin@dealhub.site,

coxnatasha11@gmail.com

parmerhannah13@gmail.com,

admin@ihub.online,

admin@Imatch.online,

admin@dealcart site

curtissharples 1994@gmail.com

Name: Fast Payday Loans (Clone of FCA Authorised Firm)

Address: 111 Piccadilly, Manchester, M1 2HX

Telephone: 01618186198, 01618186286, +447500314366, +442032895798

Email: teamdirectlendersuk@gmail.com

ukcreditlenderteam@gmail.com,

loanlendersuk321@gmail.com,

servicehelplines53@gmail.com,

service-helplines8273@googlegroups.com

While exposing these copycat brokers, the FCA stated that almost all firms and individuals must be authorised by us if they offer, promote, or sell financial products or services in the UK. But these firms are not authorised by us and are targeting UK citizens.

FCA advised people to not invest with such unauthorised firms. The FCA has also reminded investors to be vigilant when dealing with forex brokers and to conduct proper due diligence before investing any money. Investors should check the FCA's register of authorized firms to ensure that the broker they are dealing with is legitimate.

To know about the security and reliability of your chosen brokers, you can use Wikifx app. To expand your knowledge and stay informed about the forex market. Download the Wikifx app on your phones. Here is the Link to the download: https://www.wikifx.com/en/download.html