FCA warns against bidtrade.net (Clone of FCA Authorised Firm)

bidtrade.net (Clone of FCA Authorised Firm) is not authorised or registered by the FCA. This firm has been targeting people in the UK, claiming to be an authorised firm.

Unauthorized firm details - bidtrade.net (Clone of FCA Authorised Firm)

Email: [email protected], [email protected]
Website: www.bidtrade.net
Address: City Tower, 40 Basinghall Street, London, UNITED KINGDOM, EC2V 5DE
Website: http://www.argon-financial.com/,  https://platform.argon financial.com/login
Other Information: The Gibraltar Financial Services Commission "GFSC" has also issued a public warning about this firm.

FCA authorised firm details

Firm Name: Bids Trading Limited
Firm Reference Number: 763377
Address: 20-22 Bedford Row London, WC1R 4JS, UNITED KINGDOM
Telephone: +4401179181216

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.