ADVERTISEMENT
Market news, analysis & forecast powered by
Preview Mode
News
Retail FX
Institutional FX
Fintech
Payments
Cryptocurrency
Executives
Thought Leadership
FMTV
Trending
Education
Forex Education
Cryptocurrency Education
Fintech Education
Industry Terms
Directory
Events
Intelligence
Quarterly Intelligence Reports
Annual Subscription
Custom Reports
What are you looking for?
What are you looking for?
Subscribe to our News & Services
All News
Retail FX
Institutional FX
Fintech
Payments
Cryptocurrency
Executives
Thought Leadership
FMTV
Trending
Education
Forex Education
To B, or Not to Be
Cryptocurrency Education
Fintech Education
Industry Terms
Directory
Events
Intelligence
Quarterly Intelligence Reports
Annual Subscription
Custom Reports
About Us
Contact us
Terms of Use
Privacy
Market News
by
Subscribe to our News & Services
FM ALL News
FM Crypto
Follow us on Twitter
Follow us on Linkedin
FM Home
>
Clone broker
Europe's Economic Crossroads: Recession Fears and S&P Global's
Education Center
Will Blockchain Technology Mark a Turning Point in Fraud
Education Center
7 Things We Wish Someone Had Told Us Before We Started Trading
Education Center
FMAS:24 Session Spotlight – Becoming a Pro Trader: Tools,
Thought Leadership
Europe's Economic Crossroads: Recession Fears and S&P Global's
Education Center
Will Blockchain Technology Mark a Turning Point in Fraud
Education Center
7 Things We Wish Someone Had Told Us Before We Started Trading
Education Center
FMAS:24 Session Spotlight – Becoming a Pro Trader: Tools,
Thought Leadership
ADVERTISEMENT
Clone Broker
Search for a tag
Retail FX
Admiral Markets (Once Again) Impersonated by Fraudulent Clone, FCA Reports
The clone impersonated Admirals trading brand using false details to deceive investors.
Clone firms pose serious risks, including fraud and unregulated operations.
Thursday, 04/01/2024 | 10:01 GMT
by
Damian Chmiel
Retail FX
FCA Identifies Clone Firms Imitating Hargreaves Lansdown and Westpac
Clone firms impersonate popular financial brands in the UK.
This time, the FCA warns against clones of a popular bank and trading company.
Wednesday, 27/12/2023 | 16:06 GMT
by
Damian Chmiel
Retail FX
Beware the Clone: UK Watchdog Flags Fake Spreadex Site
Scammers use a domain name strikingly similar to spreadex.com.
Clone firms trick investors with false promises, leading to financial losses.
Friday, 22/12/2023 | 12:21 GMT
by
Damian Chmiel
Retail FX
eToro Clone among Eight Entities Flagged by CNMV
The Spanish market watchdog updates its warning list.
One of the entities has a name very similar to eToro.
Monday, 13/11/2023 | 10:29 GMT
by
Damian Chmiel
Retail FX
Bitpanda’s Evil Twin: How Clones Are Undermining Trust in Crypto Exchanges
Bitpanda became another victim of fraudulent clone activity.
Spanish CNMV urges retail traders to exercise extreme caution.
Monday, 02/10/2023 | 11:24 GMT
by
Damian Chmiel
Retail FX
Beware the Doppelganger: UK FCA Exposes Fake BUX Trading Platform
FCA has warned against Trader BUX Markets.
As it turns out, it is the second clone of BUX in the UK within the last 12 months.
Tuesday, 19/09/2023 | 08:21 GMT
by
Damian Chmiel
Retail FX
Consob Blocks Access to Clone Sites of E*TRADE and ActivTrades
The number of clones has increased significantly in 2023.
Last week, CySEC and the FCA also warned against clone companies.
Thursday, 29/06/2023 | 09:08 GMT
by
Damian Chmiel
ADVERTISEMENT
Retail FX
FCA Warns against eToro Clone Misusing License Number
The warning was issued against ExpoToro and TraToro.
This has been another clone of a popular social trading platform in recent years.
Wednesday, 21/06/2023 | 12:05 GMT
by
Damian Chmiel
Retail FX
Nadex Clone and Three Other Sites Blocked by Consob
None of these platforms is authorized to operate in Italy or any other EU country.
Consob blocked almost 900 websites in the last three years.
Friday, 26/05/2023 | 08:25 GMT
by
Damian Chmiel
Retail FX
UK FCA Warns against Clone of FX Broker Axi
AxiCorp owns both Axi and One Financial Markets.
The FCA clamped down on a number of clone companies in 2022.
Thursday, 02/02/2023 | 15:11 GMT
by
Solomon Oladipupo
Brokers
UK FCA Issues Warning on Auxi Market
The broker is targeting people in the UK without authorization.
The firm claims to be regulated by the FCA.
Friday, 13/05/2022 | 17:27 GMT
by
Felipe Erazo
Institutional FX
UK FCA Warns on Trading Firm Etradefxlive
The firm is allegedly impersonating E*TRADE.
The company is not authorized by the FCA to target people in the UK.
Tuesday, 05/04/2022 | 21:13 GMT
by
Felipe Erazo
CryptoCurrency
UK FCA Warns on Clone Firm AZOptions
The clone firm is allegedly using legit details from Octopus Investment Limited.
AZOptions is not regulated in the United Kingdom.
Thursday, 31/03/2022 | 19:43 GMT
by
Felipe Erazo
Regulation
UK Consumers Lost £78 Million in Clone Firm Investment Scams
The FCA mentioned that the consumers lost £45,242 each on average in fraudulent clone firms.
Wednesday, 27/01/2021 | 10:49 GMT
by
Bilal Jafar
ADVERTISEMENT
Regulation
Securities Commission of Malaysia: Clone Scams are on The Rise
A number of licensed entities have lodged reports claiming their identities have been cloned.
Friday, 29/05/2020 | 12:29 GMT
by
Celeste Skinner
Regulation
FCA Remains Vigilant, Warns Against Clone Firm Goldmans Banc
The regulator states that Goldmans Banc is a clone firm of GMB Portfolio Services Limited.
Monday, 10/02/2020 | 12:07 GMT
by
Celeste Skinner
Regulation
FCA Flags Capital International Management Company
The British regulator warned that the entity is a clone firm of an authorized EEA firm.
Friday, 31/01/2020 | 11:04 GMT
by
Celeste Skinner
Brokers
Dukascopy Bank Denies Any Ties to Unitrade Enterprises
UNITRADE ENTERPRISES is fraudulently using Dukascopy's name for attracting clients, without the group's permission.
Friday, 13/12/2019 | 20:13 GMT
by
Aziz Abdel-Qader
Regulation
FCA Spots BNP Paribas Clone, As Scams Continue to Rise
According to the warning, the entity has copied the name and some of the details of the legitimate company.
Friday, 27/09/2019 | 11:37 GMT
by
Celeste Skinner
Regulation
AFCA Receives Complaints Against Forex Financial Services
Consumers complained that an entity by the name of Forex Financial Services has been withholding funds.
Friday, 16/08/2019 | 08:05 GMT
by
Celeste Skinner
Brokers
ASIC Adds 5 Unauthorized FX & Crypto Firms to its Blacklist
The regulator suspects that the entities may be involved in some kind of scam.
Friday, 02/08/2019 | 09:10 GMT
by
Celeste Skinner
ADVERTISEMENT
Regulation
FCA Uncovers Clone Firms Targeting Online Broker Darwinex
The clone firms have copied Darwinex's website design and FCA Firm Reference Number.
Wednesday, 31/07/2019 | 05:55 GMT
by
Celeste Skinner
Regulation
M.Success FX is Not Associated with Equiti UK, FCA Warns
The clone firm claims that Equiti Capital UK is part of the “mace group”.
Thursday, 27/06/2019 | 09:23 GMT
by
Celeste Skinner
Brokers
Another Clone Firm is Flagged by CySEC, Smartoptionfx
The entity claims to be operating under B.O. Tradefinancials Ltd’s licence, which hasn’t been active since 2018.
Friday, 21/06/2019 | 07:18 GMT
by
Celeste Skinner
Brokers
Tickmill, FINSA Europe are Latest Targets for Clone FX Scammers
The regulator notes that a fake email address is being used by the FINSA copycat, as well as its reference number.
Monday, 20/05/2019 | 16:30 GMT
by
Aziz Abdel-Qader
See more
Next
!
"
#
$
%
&
'
(
)
*
+
,
-
.
/
0
1
2
3
4
5
6
7
8
9
:
;
<
=
>
?
@
A
B
C
D
E
F
G
H
I
J
K
L
M
N
O
P
Q
R
S
T
U
V
W
X
Y
Z
[
\
]
^
_
`
a
b
c
d
e
f
g
h
i
j
k
l
m
n
o
p
q
r
s
t
u
v
w
x
y
z
{
|
}
!
"
#
$
%
&
'
(
)
*
+
,
-
.
/
0
1
2
3
4
5
6
7
8
9
:
;
<
=
>
?
@
A
B
C
D
E
F
G
H
I
J
K
L
M
N
O
P
Q
R
S
T
U
V
W
X
Y
Z
[
\
]
^
_
`
a
b
c
d
e
f
g
h
i
j
k
l
m
n
o
p
q
r
s
t
u
v
w
x
y
z
{
|
}