The FCA Has Issued a Warning About IC Market's Forgeries and Clones.

The UK financial regulator, the Financial Conduct Authority (FCA), has issued a warning about various impostor organizations and websites posing as IC Markets, an Australia-based global Forex broker. The notification, which was initially issued on January 7, 2022, applies to cloned websites that do not belong to IC Markets and are not affiliated with the worldwide licensed broker.

We'd like to point out that the FCA warning misled numerous other Forex industry websites into believing that the notice was issued by IC Markets itself, which was, of course, inaccurate. Those sites published articles with names like “FCA Flags IC Markets for Offering Services in the UK,” but we've now discovered that at least one of the article titles (and most of the article text) has been post-edited to include the term “Clone.” After the business pointed out the error, the article naming IC Markets was completely deleted from another forex blog.

IC Markets EU, based in Cyprus and fully regulated by the Cyprus Securities and Exchange Commission (CYSEC), permits IC Markets to operate lawfully across the European Union and the United Kingdom. Customers in the United Kingdom may trade with confidence, knowing that IC Markets is regulated by one of the most stringent financial regulatory authorities in Europe and that they have access to industry-leading consumer protection measures.

The impostor sites replicated the IC Markets user interface to cause damage to unsuspecting customers. Security is vital to IC Markets, both inside the firm and in the larger world. The organization said that the safety of its consumers is of the utmost importance, and it is dedicated to creating a safer digital environment for everybody.

The FCA warned about clone websites such as icm-market.com, i-cmarketz.com, icmarketpro.com, and ic-forexmarket.com. Again, IC Markets does not control or administer any of these websites.

Because this is a flagrant infringement of IC Markets' intellectual property, the impostor websites in issue have been notified to authorities. Appropriate legal action will be taken to safeguard the brand and, most importantly, customers from any malicious intent.

Unfortunately, such forgeries have grown ubiquitous on the internet. It is essential to exercise caution while using the internet to prevent becoming a victim of digital fraud.

IC Markets said that it would collaborate closely with the FCA and appropriate authorities across the world to guarantee that impostor firms do not exploit traders online.

IC Markets is one of the world's leading Forex and CFD brokers, devoted to providing ultra-tight variable spreads, incredible order execution speeds, unequaled liquidity, and great 24/7 support to customers worldwide. Since its inception in 2007, IC Markets has helped to bridge the gap between retail and institutional customers by providing a trading solution that was previously only accessible to investment banks and high-net-worth individuals.