FCA warns against Blockchain Recovery Department (clone of FCA authorised firm)

Blockchain Recovery Department 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.

Clone firm details

Address: Cambridge Court 210, Shepherds Bush Rd, Hammersmith, London

Telephone: 555-183-726

FCA authorised firm details

Firm Name: Gain Capital UK Limited (FRN: 713442)

Address: Devon House, 58 St. Katharines Way, London, E1W 1JP, UK

Telephone: +4402075508515

Email: [email protected]

Website: https://www.cityindex.com/www.forex.com/uk

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.