FCA warns against Melisfx / FSXM Group (clones of FCA authorised firm)
Melisfx / FSXM Group 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
Websites: www.melisfx.com; www.fxsmgroup.com
Email: support@fxsmgroup.com; support@melisfx.com
FCA authorised firm details
Firm Name: Pepperstone Limited
Firm Reference Number: 684312
Address: 70 Gracechurch Street, London, EC3V 0HR
Telephone: +448000465473
Email: londonoffice@pepperstone.com
Website: https://www.pepperstone.com/
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.
