FCA warns against ZAI / ZAI Finance (clone of authorised firm)
ZAI / ZAI Finance 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: 25 Hanover Square W1S 1JF
Telephone: 0974596716; 02035197703
Email: support@zai-finance.com; contact@zai-finance.com
Website: https://www.zai-finance.com/
FCA authorised firm details
Firm Name: ZAIS Group (UK) Ltd
Firm Reference Number: 622809
Address: 20 North Audley Street London W1K 6LX
Telephone: +44 2036671820
Email: tim.slotover@zaisgroup.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.
