BrokersView

Search
Download
English
Sign In

clone firm

Newest

Popular

What license does alphainvestments.uk hold?
ALPIPO
Canada
2024-04-30
ANSWER The financial services offered by the website, alphainvestments.uk, lack legitimacy. We strongly advise investors to steer clear of this platform.This investment website was built on deception: the unidentified operators of this site have intentionally crafted a semblance of legitimacy by using a trade name and domain name similar to those of a legitimate company, Alpha Capital Partners LLP. The fraudulent platform even exploits the genuine firm's location to suggest a potential association. Consequently, the Financial Conduct Authority (FCA) has issued a warning against alphainvestments.uk, labeling it as a clone firm and advising investors to avoid this scam.In light of this, we strongly recommend investors to keep their distance from alphainvestments.uk. It is crucial to verify a broker's authenticity and legitimacy before accepting their claims at face value.
See more
FinnexBot's website cannot be reached. What happened to it? Has it changed the domain?
fortuneA
Germany
2024-04-25
ANSWER FinnexBot is a fraudulent broker, and it's typical for such scammers to shut down their existing websites to evade authorities or create new domains to continue their illicit activities once their fraudulent operations have been detected by financial regulators.FinnexBot misused the company information of a legitimate entity, FinEx Capital Management LLP, which is authorized by the Financial Conduct Authority (FCA). This was done to create an illusion of legitimacy or imply a potential association with the genuine entity. Consequently, the FCA took swift action by issuing a warning about FinnexBot, advising investors to steer clear of this scam.We strongly urge you to report FinnexBot to your local authorities and cease any engagement with individuals or businesses contacting you in the name of FinnexBot, promising to assist you in withdrawing funds or other matters. Additionally, be wary of the "recovery scam", where individuals claim they can help you recover your money stuck with FinnexBot. This is a significant scam as well.
See more
Is Trader Trust a licensed broker? What's their trading mode?
DioTrady
Portugal
2024-04-24
ANSWER We strongly advise against using Trader Trust, an imposter website. This site mimics the domain name and trade name of a licensed broker, Traders Trust, which is a product of TTCM Traders Trust Capital Markets Ltd. This legitimate company is authorized by the Cyprus Securities and Exchange Commission (CySEC). The deceptive nature of Trader Trust is a significant concern.Please note that Trader Trust has no association with TTCM Traders Trust Capital Markets Ltd. The CySEC has added this fraudulent broker to its warning list. Due to its deceptive nature, we strongly recommend investors to avoid any engagement with Trader Trust. It's essential to verify a broker's regulatory status rather than accepting their claims at face value. Traders must remain vigilant at all times and be able to distinguish between genuine brokers and imposters.
See more
Is FPM Helenic a scam?
Basel Hoffman
South Africa
2024-04-24
ANSWER FPM Helenic is indeed a scam and an imposter website. Its claim of being operated by FP Markets has been categorically denied by FP Markets themselves. FPM Helenic unscrupulously uses the regulatory information of the legitimate broker to create a false sense of legitimacy and to suggest a potential affiliation with the genuine forex brand. FPM Helenic's actions are fraudulent, and we strongly advise investors to avoid it.The Cyprus Securities and Exchange Commission (CySEC) has issued a warning against FPM Helenic, a compelling evidence of its illegitimacy.Therefore, FPM Helenic cannot be trusted. Investors who engage with this counterfeit broker are likely to become victims of fraudulent schemes. We strongly urge investors to avoid FPM Helenic.
See more
What can I trade on IR Strategies?
AmirS
United Kingdom
2024-04-21
ANSWER We strongly recommend avoiding IR Strategies, an unlicensed broker that has been flagged by the Financial Conduct Authority (FCA) as a clone firm.The broker claims to have an address in the UK, but our investigation suggests that it is a fraudulent platform. The FCA, the UK's financial regulator, has issued a warning about IR Strategies, identifying it as a clone firm and revealing the associated websites. In simple terms, IR Strategies misuses the information of an FCA-authorized firm to deceive investors into believing they are legitimate. This is a serious fraudulent practice.Therefore, dealing with IR Strategies is risky. Engaging with this scam broker could lead to significant financial losses due to fraudulent schemes. Investors are strongly advised to avoid it. We consistently emphasize the importance of thorough due diligence when selecting a forex broker. Investors are encouraged to refer to our Broker List to find regulated brokers.
See more
Is AxonExchange legit?
Axel
United Kingdom
2024-04-18
ANSWER The New Zealand Financial Markets Authority (NZ FMA) has identified AxonExchange as a scam.In addition to the website you mentioned in your inquiry, there are two other associated websites: axonexchange.top and axonexchange.vip. These three websites share identical content and graphic designs. According to the warning issued by the NZ FMA, AxonExchange falsely purports to be regulated in New Zealand and misuses company details from a legally registered entity to deceive unsuspecting investors. The authority identifies them as fraudulent websites and scams.Investors dealing with AxonExchange are therefore at risk of fraud and identity theft. To mitigate such risks, it is highly recommended to opt for fully regulated brokers instead of unregulated ones like AxonExchange.
See more

1-10 of 45 questions

Hot Topics

Most Viewed

App Store

Google Play

Company Shop Application About Us Our Methodology Privacy Policy Contact Us

Risk Warning:

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

Disclaimer:

The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.