Preview Mode
News
Retail FX
Institutional FX
Fintech
Payments
Cryptocurrency
Executives
Thought Leadership
FMTV
Education
Forex Education
Cryptocurrency Education
Fintech Education
Industry Terms
Directory
Events
Intelligence
Quarterly Intelligence Reports
Annual Subscription
Custom Reports
Market News
by
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
Education
Forex Education
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
ADVERTISEMENT
ADVERTISEMENT
FM Home
>
Clone
Democratizing Investing: A Revolution in the Making?
Education Center
The Role of Blockchain in Authenticating and Provenance Art
Education Center
Blockchain to the Rescue: A New Era of Microfinance
Education Center
Fxview Puts Technology Enablement into Perspective
Thought Leadership
Democratizing Investing: A Revolution in the Making?
Education Center
The Role of Blockchain in Authenticating and Provenance Art
Education Center
Blockchain to the Rescue: A New Era of Microfinance
Education Center
Fxview Puts Technology Enablement into Perspective
Thought Leadership
ADVERTISEMENT
Clone
Search for a tag
Retail FX
Rakuten Securities Hong Kong Warns Investors of Fraudulent Impersonators
Fraudulent actors are impersonating Rakuten Securities HK.
The number of clone companies increased in 2022 and the beginning of 2023.
Monday, 06/03/2023 | 11:53 GMT
by
Damian Chmiel
Retail FX
FSMA Warns against Webull Clone and 20 Other Unlicensed Platforms
According to Belgium's FSMA, listed platforms may extort money from investors.
A Clone of the WeBull trading brand is one of them.
Thursday, 23/02/2023 | 10:47 GMT
by
Damian Chmiel
Retail FX
CySEC Warns against Licensed Broker Clone
IMS Crypto uses the CIF license number of IMS Markets.
The latter is CySEC's authorized investment firm, the first is just a clone.
Thursday, 09/02/2023 | 13:41 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
ADVERTISEMENT
Retail FX
FSMA Warns against Clone of CoinDesk and 30 Fraudulent Trading Platforms
A clone of CoinDesk was among 30 other fraudulent trading platforms flagged by the FSMA.
According to the Belgian market watchdog, financial scams are rising significantly.
Wednesday, 23/11/2022 | 12:30 GMT
by
Damian Chmiel
Retail FX
FMA Warns against Fraudster Impersonating the Regulator
Scammer tries tricking consumers and investors into pretending to be a regulatory clerk.
The FMA warned of impostors four times in October 2022.
Tuesday, 25/10/2022 | 08:58 GMT
by
Damian Chmiel
Retail FX
UK FCA Warns on Clone Firm Impersonating Zenfinex
The website is cloning the legit website of Zenfinex.
The site remains operative as of press time.
Monday, 25/07/2022 | 21:24 GMT
by
Felipe Erazo
Regulation
UK FCA Warns on Clone Firm Crypto-Trade 365
The website is using details from an FCA-authorized firm.
Rational Foreign Exchange Limited is the legit company regulated by the FCA.
Monday, 25/04/2022 | 21:18 GMT
by
Felipe Erazo
ADVERTISEMENT
Regulation
A Clone Firm Is Impersonating HYCM Broker, UK FCA Warns
Recently, the FCA said that another clone firm was impersonating Bank of America and Wells Fargo.
Thursday, 25/11/2021 | 18:16 GMT
by
Felipe Erazo
Regulation
UK FCA Warns on Clone Firm Impersonating Bank of America
The British watchdog cautioned about impersonators using Wells Fargo's business details in September.
Tuesday, 23/11/2021 | 18:16 GMT
by
Felipe Erazo
Institutional FX
UK FCA Warns on a Clone Firm Impersonating Wells Fargo
The FCA stated that fraudsters are using fake domains to convince people that they are working for Wells Fargo.
Wednesday, 22/09/2021 | 17:30 GMT
by
Felipe Erazo
Retail FX
UK FCA Warns of Three Clone Firms Operating in the Country
One of the clone firms spotted by the watchdog is impersonating an EEA authorized company.
Thursday, 26/08/2021 | 18:21 GMT
by
Felipe Erazo
ADVERTISEMENT
Retail FX
UK FCA Warns on Three Companies Operating without a License
The British watchdog said that two of the companies are 'clone firms' of existing licensed ones operating in the country.
Wednesday, 11/08/2021 | 19:52 GMT
by
Felipe Erazo
Brokers
Admiral Markets Warns Clients of Fake AdmiralFxMarkets Website
AdmiralFxMarkets claims to offer crypto and FX investment plans, with returns ranging from 500 percent to 1000 percent
Monday, 09/11/2020 | 15:05 GMT
by
Aziz Abdel-Qader
Regulation
Malaysian Regulator Issues Warning against Rising Clone Firm Scams
The fraudulent companies are impersonating legitimate public listed companies (PLCs) to dupe investors.
Thursday, 05/11/2020 | 08:24 GMT
by
Bilal Jafar
Brokers
FCA Warns of Clone FX Website Posing as Lincoln Finance
Ironically, some cloned scams contact the FCA to change the legitimate company's contact details on the register.
Thursday, 09/01/2020 | 19:47 GMT
by
Aziz Abdel-Qader
ADVERTISEMENT
Brokers
CySEC Blacklists Four Brands Claiming Affiliation with Bdswiss
Nervic Fx Trade, Crypt Fx Tm, Urban Fx, and Intense Fx Trade are the latest to be added to the CySEC’s caution list.
Monday, 23/12/2019 | 10:04 GMT
by
Aziz Abdel-Qader
Brokers
FCA Alerts Public of OptionFX, Clone of Signal Centre
The original company provides brokers with trade ideas and trading signals through a B2B solution.
Tuesday, 17/12/2019 | 15:36 GMT
by
Aziz Abdel-Qader
Brokers
Dukascopy Exposes ‘Russian Clone’ Impersonating its Brand
The company says dukas-broker is fraudulently using Dukascopy’s name and logo for attracting clients/investors.
Friday, 27/09/2019 | 18:59 GMT
by
Aziz Abdel-Qader
Regulation
FCA Keeps a Close Watch, Flags Midpoint Exchange Clone Firm
The entity is a clone firm of Midpoint & Transfer Ltd, the regulator warned.
Wednesday, 25/09/2019 | 06:42 GMT
by
Celeste Skinner
ADVERTISEMENT
Brokers
FCA Reveals Another Clone Firm - First BTC FX
The regulator warns that the entity is a clone firm of First Global (UK) Limited.
Friday, 20/09/2019 | 13:01 GMT
by
Celeste Skinner
Regulation
Central Bank of Ireland Calls Out Virtu Financial Clone
The Irish authority has singled out Virtu Financial (United Kingdom).
Tuesday, 30/07/2019 | 12:38 GMT
by
Celeste Skinner
Regulation
Irish Central Bank: Clone Firms are on Rise, Flags Entity
NBI Funds has stolen the details from a legit company, including address, FCA authorization number and more.
Friday, 26/07/2019 | 13:40 GMT
by
Celeste Skinner
Regulation
SFC Suggests that Merrill Wealth is Merrill Lynch Clone Firm
The entity has been listed on the regulator’s warning page as a “suspicious website.”
Thursday, 25/07/2019 | 12:25 GMT
by
Celeste Skinner
ADVERTISEMENT
Regulation
SFC Also Fights Against Clone Firms, Exposes Fake CITIC Bank
The Hong Kong regulator has recently made fighting against financial fraud its top enforcement priority.
Thursday, 18/07/2019 | 16:03 GMT
by
Aziz Abdel-Qader
Next
ADVERTISEMENT
!
"
#
$
%
&
'
(
)
*
+
,
-
.
/
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
{
|
}