FCA warns against PearlFX (Clone of FCA authorised firm)

FCA warns against PearlFX

PearlFX is not authorised or registered by the FCA but has been targeting people in the UK, claiming to be an authorised firm.

Clone firm details - PearlFX

Address: Klarabergsviadukten 70, Stockholm, SWEDEN, 111 64

Presnenskaya nba 10, Moscow, RUSSIA, 123317

Telephone: +4618350561, +74951452893

Email: support@pearlfx.net

Website: www.pearlfx.net

FCA authorised firm details

Firm Name: Black Pearl Securities Limited

Firm Reference Number: 688456

Address: 30 Moorgate
London, EC2R 6DA, UNITED KINGDOM

Telephone: 4402037457101

Email: compliance@bpprime.com

Website: www.bpprime.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.