FCA warns against Upswingtrade.com (Clone of FCA authorised firm)

Upswingtrade.com (Clone of FCA authorised firm) is not authorised or registered by the FCA. Based upon information that FCA holds, they believe that the firm is carrying on regulated activities which require authorisation.

Unauthorized firm details - Upswingtrade.com (Clone of FCA authorised firm)

Address: 283 Edgware Rd, London, UNITED KINGDOM, W2 1EY
Email: [email protected]
Website: www.upswingtrade.com

FCA authorised firm details

Firm Name: Investment Funds Direct Limited
Firm Reference Number: 114432
Address: Trimbridge House Trim Street Bath Avon, BA1 1HB, UNITED KINGDOM
Telephone: 4403450766140
Email: [email protected]
Website: www.mandg.com/wealth/platform

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.