FCA warns against Forex Premium (clone of FCA authorised firm)

Forex Premium 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

Telephone: (8 18) 600 6805, (2 02) 788 0119

Email: [email protected]

Website: www.forex-premium.com

FCA authorised firm details

Firm Name: Trading Point of Financial Instruments UK Limited

Firm Reference Number: 705428

Address: 1 Ropemaker Street London, EC2Y 9HT, UNITED KINGDOM

Telephone: +4 42031502020

Email: [email protected]

Website: http://www.trading.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.