FCA exposed a Clone, acting as a Genuine one

Clone firms are prevalent in the industry. Various regulators are working aggressively to expose such unscrupulous firms and protect people. Recently, UKs watchdog, the Financial Conduct Authority (FCA), exposed a clone firm that is acting as a genuine one. FCA shared the clone firm details as well as the correct details with investors on its website. The authority regularly issues warnings against unauthorized brokers on its official website. Take a Look and be vigilant.

Name: squiresfinanceltd.com / squiresfinancesltd.com (Clone of FCA authorised firm)

Address: 20 Farringdon St, London, EC4A 4BL

Harwood House, 43 Harwood Road, London, SW6 4QP

Telephone: +442080977710, +37060485415

Email: info@squirefin.net,

support@squirefin.net,

joelle.martin@squirefin.net

Website: https://www.squiresfinanceltd.com/, https://mobtrader.squiresfinance.trade/login, https://www.squiresfinancesltd.com

CORRECT DETAILS

Firm Name: Squires Finance Ltd

Firm Reference Number: 716747

Address: 56 Avondale Avenue

Woodside Park

London, N12 8EN, UNITED KINGDOM

Telephone: +442084920202

Email: derek@squiresfinance.com

The authority said, this firm is not authorized by us but has been contacting people pretending to be an authorized firm. The FCA warned people that fraudsters copy the details of firms we authorize to try and convince people that their firm is genuine.

The Regulator advised people to not invest with this clone firm. It also reminded investors to be vigilant when dealing with forex brokers and to conduct proper due diligence before investing any money. Investors should check the FCA's register of authorized firms to ensure that the broker they are dealing with is legitimate.

Review

When we searched for Squire's Finance Ltd. on Wikifx. We found that its an unlicensed broker with extremely low rating of 1.07 out of 10. Wikifx also issued a warning there, stating

Warning: Low score, please stay away!

It has been verified that this broker currently has no valid regulationn. Please be aware of the risk!

Wikifx is a platform that can help you in various ways. It provides you with the latest information on the huge forex market, allowing you to easily check the reliability or credibility of any broker. Additionally, it offers you with a compare and contrast feature to help you choose the best broker for your needs. You may Download the Wikifx app on your phone via this link https://www.wikifx.com/en/download.html