FCA warns against TorexFX/42 Marketing Limited (clone of FCA authorised firm)

TorexFX/42 Marketing 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: Office 11, 1st Floor, Neptune House, Voukourestiou 25, Limassol, CYPRUS, 3045

Office 101, 1st Floor, Olvovo-Davydovsky lane 1, Moscow, RUSSIA, 129110

205 Victory House, Archbishop Makarios Avenue, Limassol, CYPRUS, 3030

Telephone: +442080895066, +35724022301, +14378864129, +41615880037, +442080898276

Email: [email protected], [email protected]

Website: https://torexfx.com, https://trade.torexfx.com/trade, https://ftmt4mql.gloryft.com/, https://fxen.gloryft.com

FCA authorised firm details

Firm Name: Fortrade Limited

Firm Reference Number: 609970

Address: Michelin House, 81 Fulham Road, London, SW3 6RD, UNITED KINGDOM

Telephone: 442077102700

Email: [email protected]

Website: www.fortrade.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.