FCA warns against QTrade (clone of authorised firm)

QTrade 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

Fraudsters are using or giving out the following details as part of their tactics to scam people in the UK:

QTrade (clone of FCA authorised firm)
Website: http://www.qtrade.org.uk

Email: financial@qtrade.org.uk; support@qtrade.org.uk

Be aware that scammers may give out other false details or mix these with some correct details of the registered firm. They may change contact details over time to new email addresses, telephone numbers or physical addresses.

FCA authorised firm details

This FCA authorised firm that fraudsters are claiming to work for has no association with the ‘clone firm’. It is authorised to offer, promote or sell services or products in the UK and its correct details are:

Firm Name: London Capital Group Ltd

Firm Reference Number: 182110

Address: 3rd Floor, 80 Cheapside, London, EC2V 6EE, UK

Website: https://www.lcg.com

Email: compliance@lcg.com

Telephone: +442074567000