Beware of clone firms, FCA warns

The Financial Conduct Authority (FCA) issued a warning to the public regarding clone firms on September 13, 2023. These entities are fraudulent companies that mimic legitimate firms in order to deceive individuals. We are providing you with the details and screenshots of clone firms that you must avoid. You will find information about legitimate firms here.

Name: Change Debt Support (Clone of FCA authorised firim)

Address: 56-60 Bewsey Street, Warrington, WA2 7JE

Email: sam@changedebtsupport.uk,

sam@changeline.co.uk

Website: www.changedebtsupport.uk, https://changeline.co.uk/

Name: Raisin Finance (Clone of FCA Authorised Firm)

Telephone: +441618182283

Email: simon.edwards@raisinclients.com

Website: https://www.raisinfinance.com/, https://raisinrates.com/

Name: tradenaus.com / tradenationfxs.com / pc.tradeenationfx.cc (Clone of FCA Authorised Firm)

Telephone: 4001231234, +61489905847

Email: support@tradenaus.com,

support@tradenationfxs.com

Website: https://www.tradenaus.com/, https://tradenationfxks.com/, https://pc.tradenationfx.cc/

The FCA warned investors not to invest with these brokers. The FCA also urged the public to exercise caution and thoroughly research any company before engaging in business with them.

About FCA

The Financial Conduct Authority (FCA) is a regulatory body in the UK that oversees financial markets and firms to ensure they operate in a fair and transparent manner. The FCA's role includes supervising financial institutions, enforcing regulations, and protecting consumers from financial harm. The authority also works to promote competition in the financial industry and to maintain the integrity of the UK's financial system.

To expand your knowledge and stay informed about the forex market. Download Wikifx app on your phones. Here is the Link to the download: https://www.wikifx.com/en/download.html