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Abstract:Recently, the UK's Financial Conduct Authority (FCA) exposed two clone firms called Sigma Brokers and eastmidlandfinservicesltd.co.uk which use details of a legitimate firm and dupes people's money.
Recently, the UK's Financial Conduct Authority (FCA) exposed two clone firms called Sigma Brokers and eastmidlandfinservicesltd.co.uk which use details of a legitimate firm and dupes people's money.
Name: Sigma Brokers / sigmabrokers.pro (Clone of FCA Authorised Firm)
Telephone: +442037699204, 07897072143
Email: support@sigmabrokers.pro,
simon.h@sigmabrokers.pro,
jack.e@sigmabrokers.pro,
james.p@sigmabrokers.pro
Website: https://sigmabrokers.pro/, https://client.sigmabprokers.pro/
The correct details are:
Firm Name: Sigma Broking Limited
Firm Reference Number: 485362
Address: 20th Floor
125 Old Broad St
London, EC2N 1AR, UNITED KINGDOM
Telephone: +442070656981
Email: gary.sinclair-house@sigma-broking.com
Website: www.sigma-broking.com _
Name: eastmidlandfinservicesltd.co.uk (Clone of FCA Authprised Firm
Telephone: +447494405801, +447502217517
Email: info@eastmidlandfinservicesltd.co.uk
Website: https://www.eastmidlandfinservicesltd.oo.uk/
The correct details are:
Firm Name: East Midland Financial Services Ltd
Firm Reference Number: 423591
Address: 44 Northolme Avenue
Nottingham
Nottinghamshire, NG6 9AP, UNITED KINGDOM
Telephone: +4401159166884
Email: emfsltd@ntlworld.com
The clone firms are using the details of a legitimate firms to deceive investors. FCA advised people not to invest in these clones. Acc. to the Authority, These firms are not authorized by us but has contacted people pretending to be an authorized firm.
The FCA has also reminded investors to be vigilant when dealing with forex brokers and to conduct proper due diligence before investing money. Investors should check the FCA's register of authorized firms to ensure that the broker they are dealing with is legitimate.
Wikifx Review
When we searched Sigma Brokers on Wikifx. We found, its a low-score -Unlicensed broker. Also, to alert customers, Wikifx issued a warning by stating Warning: Low score, please stay away!
It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
If you want to stay up to date regarding the forex market. Visit WikiFX website and be an informed trader.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.