- FCA issues alert against admrlmrkts.co, a clone firm pretending to be Admiral Markets, using deceptive tactics to lure investors.
- Genuine Admiral Markets UK Ltd, authorized by the FCA, is distinct from the clone and offers investor protections not available with fraudulent entities.
The UK Financial Conduct Authority (FCA) has issued a stark warning to investors regarding a clone firm that is fraudulently impersonating Admiral Markets, a reputable Forex and CFD broker.
The clone, operating under the name admrlmrkts.co, has been found using deceptive tactics such as copying the authorized firm’s name, logo, and other identifying details to mislead potential clients.
Clone firms are a common tactic employed by scammers who mimic legitimate businesses in an attempt to defraud investors.
Investors are advised to exercise caution and verify the legitimacy of any financial firm they interact with, especially when dealing with online entities.
Clone firm details
- Name: admrlmrkts.co (Clone of FCA Authorised Firm)
- Telephone: +442030972830
- Email: support@admrlmrkts.co,
- support@admiralmarkets.io,
- compliance.uk@admiralmarkets.io
- Website: https://admrlmrkts.co/
FCA Authorised Firm Details – This is the genuine, authorised firm that the fraudsters are claiming to work for. It has no connection with the clone firm. The correct details are:
- Firm Name: Admiral Markets UK Ltd
- Firm Reference Number: 595450
- Address: Admiral Markets UK Ltd
2 Leman Street
- London, E1 8FA, UNITED KINGDOM
- Telephone: +4402077264003
- Email: compliance.uk@admiralmarkets.com
- Website: www.admiralmarkets.com