Beware of the clone of a well-known Malta broker!

A few days ago we informed you about a series of warnings issued by FCA regarding investment companies (read the article). This time, the Maltese financial regulator, MFSA, issued a warning against a clone of the Forex broker - FXDD. The company, using a confusingly similar website address, uses the data of the FXDD broker along with the license number to mislead potential customers. Making a payment to such a company is associated with serious problems with the desire to recover funds, and submitting documents "required" for registration is a risk of identity theft. We recommend extreme vigilance!

Original page: www.fxdd.com

Clone page: www.fxddtrade.com

Full message

How to check if we are dealing with a clone

Clone pages tend to be much poorer in content and functionality. They also do not provide their telephone number in their contacts. The very information about the functioning of the "clone" network flows out very quickly, so always before depositing funds, it is worth checking the website of the regulatory institution under which the company is subject and review the current list of warnings.

Remember! If in doubt, stop the payment better.