UK’s FCA warns against clone firm OptionFX

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The Financial Conduct Authority in the UK warned about yet another scammer this week – according to its notice, OptionFX is a clone company that the FCA has added to its warning list. The company apparently does not hold a proper license issued by the FCA and does not have the right to offer financial services to British citizens.

What is more the fraudulent company is apparently using the registration details of the FCA-registered PIA-First Limited company with a reference number787261. The scammers have been using these details to conduct investment scams.

Sometimes I feel like these scammers are endless, one goes down and several more take its place. It’s very disheartening.


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