FCA warns against Plus-500 (clone of FCA authorised firm)
Plus-500 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
Telephone: +44 7476547304
Email: admin@plus-500.ltd, admin@plus500.ltd
Website: https://www.plus-500.ltd/; https://www.plus500.ltd/
FCA authorised firm details
Firm Name: Plus500UK Ltd
Firm Reference Number: 509909
Address: 8 Angel Court, Copthall Avenue, London, EC2R 7HJ, UNITED KINGDOM
Telephone: +44 02038761641
Email: compliance@plus500.co.uk
Website: www.plus500.co.uk
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