FCA warns against House24 Trades Limited (Clone of FCA authorised firm)
House24 Trades Limited is not authorised or registered by the FCA but has been targeting people in the UK, claiming to be an authorised firm. Almost all firms and individuals carrying out financial services activities in the UK have to be authorised or registered by the FCA.
Clone firm details
Address: Stag House, Old London Road, Hertford, 13 7LA, UNITED KINGDOM
Telephone: +1(404)4587019
Email: support@house24trades.com
Website: https://house24trades.com/
FCA authorised firm details
Firm Name: XTB Limited
Firm Reference Number: 522157
Address: Level 9, One Canada Square, Canary Wharf, London, E14 5AA, UNITED KINGDOM
Telephone: +442036953085
Website: https://www.xtb.com/int
How To Protect Yourself From Scams
Brokerswatch recommends investing only with brokers that are regulated by reputable authority.
Reputable regulatory authority provides additional protection to investors by ensuring that financial firms apply proper standards and rules. Additionally, if the broker tries to cheat you out of your money, it is the regulator’s job to force the financial firm to compensate you for any wrongdoing.
