FCA warns against FinoSpread Trading UK Limited (Clone of FCA authorised firm)

FCA warns against FinoSpread Trading UK Limited (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: 1-4 Bury Street, Holland House, London, UNITED KINGDOM, EC3A 5AW

Telephone: 02035148293

Email: [email protected]

Website: https://www.finospread.co.uk

FCA authorised firm details

Firm Name: Finotec Trading UK Limited

Firm Reference Number: 470392

Address: Mappin House 4 Winsley Street London, W1W 8HF, UNITED KINGDOM

Telephone: 4402035145555

Email: [email protected]

Website: www.finotec.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.