FCA's Latest Warning

UK's watchdog Financial Conduct Authority (FCA) issued a warning against six unauthorised Brokers on 22 Feb 2024. The authority warned investors to not choose these brokers and protect themselves from being victims. Look at the list below and Beware.

Name: Vomarkets/ https://Vomarkets.com

Telephone: +447488843941

Email: cs@vomarkets.com,

compliance@vomarkets.com,

analyst@vomarkets.com,

antonio.de@vomarkets.com,

jason.di@vomarkets.com

Website: https://Vomarkets.com

Name: First Abu Dhabi Bank, United Kingdom / 1stabudbk.com (clone of FCA Authorised Firm)

Email: info@1stabudbk.com

Website: 1stabudbk.com

Name: Mastertradernft

Address: 152-160 Kemp House, City Road, London, UNITED KINGDOM, EC1V2NX

Email: support@mastertradernft.com

Website: www.mastertradernft.com

Name: Financeiro Trader / finaceirotrader.com (clone of FCA Authorised Firm)

Email: antonio.s@opty-group.com,

luiz.m@opty-group.com,

antonio.s@finaceirotraderltd.com

Website: finaceirotrader.com, clientzone.finaceirotradIer.com/en/login

Name: thecommercialfinance.co.uk (Clone of FCA AuthorisedAppointed Representative)

Telephone: 02033934126

Email: contact@thecommercialfinance.co.uk,

info@thecommercialfinance.co.uk

Name: QUOPI LTD / quopi.ai

Email: hello@quopi.ai

Website: https://quopi.ai/

Social Media Details: TikTok: www.tiktok.com/@quopi_ai and

www.tiktok.com/@quopi.ai

While exposing these unauthorized brokers, FCA stated that almost all firms and individuals must be authorized by us if they offer, promote, or sell financial products or services in the UK. But these firms are not authorized by us and target UK people. The Financial Conduct Authority regularly issues warnings against brokers selling financial services without authorization.

The FCA advised investors to avoid these brokers and to report any suspicious activity to the authorities. Investors should check the FCA's register of authorized firms to ensure that the broker they are dealing with is legitimate.

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