Stay Away from Clone Firms

The Financial Conduct Authority (FCA) has issued a warning against two clone firms. The first firm, “Money Farm” claims to be an authorized firm, but the FCA has confirmed that it is not. The second firm, “Wayven FX Limited,” has been using the details of a legitimate firm to deceive investors. Here are the Screenshots of these clone firms taken by FCA's official website. We are sharing correct details with you so that you did not get Confused and choose authorised -legitimate firms rather than these fraudulent brokers.

The correct details are:

Firm Name: MFM Investment Ltd

Firm Reference Number: 629539

Address: 90-92

Pentonville Road

London, N1 9HS, UNITED KINGDOM

Telephone: 442037456990

Email: compliance@moneyfarm.com

Website: www.moneyfarm.com

The correct details are:

Firm Name: AMT Futures Limited

Firm Reference Number: 146311

Address: 55 Bishopsgate

London, EC2N 3AH, UNITED KINGDOM

Telephone: 4402074665665

Email: info@amtfutures.co.uk

Website: www.amtfutures.co.uk

Clone firms are fake firms that use the details of real companies to trick investors into believing that they are legitimate. They often use sophisticated tactics to appear genuine, such as using the same website design and contact details as the real company. Investors should always check the FCA register to ensure that a firm is authorized before investing any money.

The FCA has warned investors to be vigilant and to report any suspicious activity to them immediately. They have also advised investors to be cautious when dealing with firms that cold-call them or offer unsolicited investment advice. By taking these precautions, investors can protect themselves from falling victim to clone firms and other investment scams.

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