FCA warns against Coinhosts Inc (clone of FCA authorised firm)

Coinhosts Inc (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.

Clone firm details

Address: Gateway East, White City, London, UNITED KINGDOM, W12 7TU

Telephone: +41315083204, +61290670619, +442080976293, +441618181110, +447405588549, 0207971100

Email: [email protected], [email protected], [email protected]

Website: https://coinhosts.io

FCA authorised firm details

Firm Name: CB Payments Ltd

Firm Reference Number: 900635

Address: 5 Fleet Place London, EC4M 7RD, UNITED KINGDOM

Telephone: +448081684635

Email: [email protected]

Website: http://www.coinbase.com

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.