The Financial Conduct Authority has issued a warning against a financial services firm named IRDM Brokers that is offering its services in the UK without FCA authorization.
The address and contact details given by the company are:
Address: 30th Floor, 25 Bank Street, London E14 5JP
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Tel: 0208 938 3392
The market regulator noted that although not all financial services providers operating on the territory of the country need to have authorization, most of them do, and this is not the case with IRDM Brokers. This raises questions about the firm’s bona fides, the FCA said, adding that, to be safe, investors had better stick to authorized financial service providers only.