FCA warns against CFI HK Group (Clone of FCA authorised firm)

CFI HK Group 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: 66F, International Financial Centre, 8 Financial Street, Central, Hong Kong

Firm Reference Number: 602588

Telephone: +852 51368538

Email: [email protected]

Website:  http://www.cfihongkong.com

FCA authorised firm details

Firm Name: Credit Financier Invest Limited

Firm Reference Number: 828955

Address: 16 Berkeley Street, London, W1J 8DZ

Telephone:  +44 2039074131

Email: [email protected]

Website: www.cfifinancial.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.