Firms should be authorised by the Financial Conduct Authority before they offer you financial advice. If your firm is not on the FCA’s approved list, we would advise you to proceed with caution.
Every month we list the firms that received an official public warning from the FCA in the last month. If you’re considering making an investment, you should be careful about dealing with these firms.
The firms featured on this list have either:
- Had a public warning released against them
- Had their FCA authorisation removed
- Never been authorised by the FCA in the first place
- Been under investigation for fraudulent activity
Here are the latest companies to avoid.
AdviserWatch List – November 2015
- Ledger & Simmons LLP – unauthorised company.
- Aldrich Limited Mergers & Acquisitions Services – unauthorised company.
- Matt Tamara & Co – clone company.
- Tenjin & Associate – unauthorised company.
- Fidelity Personal Investing – clone company.
- Getco Europe Ltd – clone company.
- Whitaker Corporate Partners – unauthorised company.
- INRIS UKITS Fund PLC – clone company.
- Brooks & Fisher Associates – unauthorised company.
- Pay Corporation – unauthorised company.
- Capital Corp Global Investing – clone company.
- Innovative Market Strategies Ltd. – unauthorised company.
- Market Alliance – unauthorised company.
- Carter Flanagan Limited / Carter Flanagan Private Asset Management – unauthorised company.
- Strategic Global Investments by Milena Beranova – clone company.
- United Trading Markets – unauthorised company.
- Assets Investments – clone company.
- Amerex Trade Limited – unauthorised company.
- Hans Bernauer / HB Trading – clone company.
- AMFX – unauthorised company.
- LondonFX – clone company.
- Fox Capital – unauthorised company.
- Electio Investments SL – unauthorised company.
AdviserWatch List – December 2015
- Standard Chartered Mutual Services – clone company.
- Goldfish Private Bank / Cooks Private Bank – unauthorised company.
- First City Bank UK – unauthorised company.
- IIB International Broker – clone company.
- EQMC Europe Development Capital Fund – clone company.
- IRDM Brokers – unauthorised company.
- JJ Bauer Asset Management / JJ Bauer Equity Research – clone company.
- Melbinger Leopold & Partners – clone company.
- Dirk Swinnen / DS Trading – clone company.