HTFX Clone Firm Exposed

The Financial Conduct Authority (FCA), recently exposed a clone firm of a regulated broker named HTFX. The authority shared the details of the clone and regulated firm on its official website. This clone firm is attempting to scam investors by using HTFX's name, logo, and other identifying features.

Clone firm details

Name: HTFX/htfxpro.com (Clone of FCA authorised firm)

Website: https://www.htfxpro.com/#/home, https://m.htfxpro.com/#/

FCA-authorised firm details

The correct details are:

Firm Name: HTFX Limited

Firm Reference Number: 822279

Address: New Broad Street House

35 New Broad Street

London

City Of London, EC2M 1NH, UNITED KINGDOM

Telephone: +4402078463720

Email: compliance@htfx.co.uk

What is a Clone Firm?

A clone firm is a type of scam where an unauthorized company poses as a legitimate financial services provider. Clone firms often use the same name, logo, and website as the legitimate company, making it difficult for investors to distinguish between the two.

The FCA has issued a warning that fraudsters are impersonating authorized firms by copying their details to deceive individuals. Specifically, the FCA has highlighted that HTFX is not authorized by the FCA and is contacting people while falsely presenting itself as an authorized firm, operating without proper authorization.

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