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UK's FCA warns of Primus Forex Financial Group, clone of PCM UK

Posted: Tue Jun 26, 2018 11:37 pm
by mlawson71
UK's Financial Conduct Authority (FCA) has issued a warning against Primus Forex Financial Group, a clone of the properly regulated forex brokerage Primus Capital Markets UK (PCM UK).

According to the UK regulator, the clone firm is trying to convince its potential clients that they work for a genuine, authorised firm by giving out false details. In this case, Primus Forex Financial Group uses the official address of the authorized firm, PCM UK.