FCA warns against ZAI / ZAI Finance (clone of authorised firm)

ZAI / ZAI Finance  is not authorised or registered by the FCA but has been targeting people in the UK, claiming to be an authorised firm. Almost all firms and individuals carrying out financial services activities in the UK have to be authorised or registered by the FCA.

Clone firm details

Address: 25 Hanover Square W1S 1JF

Telephone: 0974596716; 02035197703

Email: [email protected]; [email protected]

Website: https://www.zai-finance.com/

FCA authorised firm details

Firm Name: ZAIS Group (UK) Ltd

Firm Reference Number: 622809

Address: 20 North Audley Street London W1K 6LX

Telephone: +44 2036671820

Email: [email protected]

How To Protect Yourself From Scams 

Brokerswatch recommends investing only with brokers that are regulated by reputable authority.

Reputable regulatory authority provides additional protection to investors by ensuring that financial firms apply proper standards and rules. Additionally, if the broker tries to cheat you out of your money, it is the regulator’s job to force the financial firm to compensate you for any wrongdoing.