FCA warns against MallonFX / www.mallonfx.com (clone of FCA registered firm)
MallonFX / www.mallonfx.com (clone of FCA registered 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.
Address: 25 Watling Street London, EC4M 9BR, UNITED KINGDOM
How To Protect Yourself From Scams
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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.