FCA warns against Wise Capital / wisecapitallimited.com (clone of FCA authorised firm)
Wise Capital / wisecapitallimited.com (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.
Details of the Unauthorized firm
Address: Tower 42
25 Old Broad St, Cornhill, London, UNITED KINGDOM, EC2N 1HN
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.