FCA warns againt SPMarket24 (clone of EEA authorised firm)
SPMarket24 is not authorised or registered by the FCA. Based upon information that FCA holds, they believe that the firm is carrying on regulated activities which require authorisation.
Clone firm details
Address: 12 Copthall Ave, London, United Kingdom
Telephone: +41 626 746 727
Email: support@spmarket24.com
Website: www.spmarket24.com
FCA authorised firm details
Firm Name: Safecap Investments Limited
Firm Reference Number: 507880
Address: 148, Strovolos Avenue, 4th Floor, Strovolos, 2048 Nicosia, Cyprus
Telephone: 0035722232248
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.
