Watch out for the IC Markets clone! And for 22 other entities [Scam Alert]

British financial supervision, Financial Conduct Authority (FCA), warns of a clone of a popular international Forex / CFD broker - IC Markets. Most of the illegally operating sites have already been blocked, however, nonetheless, we advise you to be vigilant when visiting the broker's site as the scammers certainly haven't said the last word yet.

In addition, we publish as many as 22 other notices warning against illegal entities that are warned by regulators from Great Britain, Malta and Hong Kong. Details below.

IC Markets clone made by scammers

This practice is used more and more often. Regularly, scammers try to use names, logos and websites that are confusingly similar to legally operating entities to extort funds from unaware investors. This time their choice fell on IC Markets - one of the largest retail brokers in the world. 

The warning applies to four domains including: www.icm-market.com, www.i-cmarketz.com, www.icmarketpro.com, www.ic-forexmarket.com. Each of these sites has been marked as unauthorized, and the FCA announcement states:

“These sites are not authorized by us and their services are aimed at people in the UK. You will not be able to access the services of a Financial Services Ombudsman, nor will you be protected by the Financial Services Compensation Scheme (FSCS), so it is unlikely that you will get your money back if something goes wrong. "

And as for the latter, we have no doubts.

We warn against using the services of unlicensed companies. Before opening an account, always make sure it is correct the broker has the appropriate regulations and permits at the indicated financial market supervisory institution.

British FCA warns against 20 entities

The Financial Conduct Authority has recently also announced that 20 entities have been added to the list of warnings. Their list is presented below.

fxtdpro

• website: www.fxtdpro.com
• Entity's full name: FxtdPro Limited
• Message from FCA

CoinxGlobal

• website: www.coinxglobal.com
• Entity's full name: Raw Trading Limited / CoinXGlobal Pty Limited
• Message from FCA

Trading Market

• website: www.trading-market.online
• Entity's full name: Raw Trading Limited / International Capital Markets Pty Limited / Trading Market Limited
• Message from FCA

CryptoSpot FX

• website: www.cryptospotfx.com
• Entity's full name: Cryptospotfx International Limited
• Message from FCA

TradeMore FX

• website: www.tmorefx.com
• Message from FCA

Coin Pump FX

• website: www.coinpumpfx.com
• Message from FCA

FX Crypto Profit

• website: www.fx-cryptosprofit.com
• Entity's full name: FX Crypto Profit Limited
• Message from FCA

ProTradeFxt

• website: www.protradefxt.com
• Entity's full name: ProTradeFxt Limited / International Capital Markets Pty Limited / Raw Trading Limited
• Message from FCA

CryptoNation FX

• website: www.cryptonationfx.net
• Entity's full name: Cryptonationfx Limited
• Message from FCA

ETFX Market

• website: www.etfxmarkets.com
• Message from FCA

ForexMiningsFX

• website: www.forexminingsfx.com
• FCA message

Arzik Financial

• website: www.arzik-financial.com
• Entity's full name: Sun Hung Kai Forex Limited
• Message from FCA

Market TradeFx

• website: www.markettradefx.com
• Message from FCA

Afxtradingmarket

• website: www.afxtradingmarket.com
• Entity's full name: AFXtradingMarket Limited
• Message from FCA

Cryptostack FxTrade

• website: www.cryptostackfxtrade.com
• Entity's full name: CryptostackFxTrade Capital Limited / Wonderbridge Services Limited
• Message from FCA

AccessCapitalFX

• website: www.accesscapitalfx.com
• Message from FCA

BullishFxMarkets

• website: www.bullishfxmarkets.com
• Entity's full name: Raw Trading Limited / International Capital Markets Pty Limited / IKBK Holdings Limited / BullishFXMarkets Limited
• Message from FCA

Crypto Market Trading

• website: www.crypto-market.ltd
• Entity's full name: Crypto Market Trading Limited
• Message from FCA

Crypto FX Fast Mining

• website: www.cryptofxfastmining.com
• Message from FCA

The Crypto Investment Lab Ltd

• website: www.cryptoinvestmentlab.com
• Message from FCA

Malta's MFSA warns against Tier1FX clone

MFSA, the institution that supervises the Maltese financial market, issued a warning against the domain triel-fx.com, which pretends to be a legally operating entity - Tier1FX. Created by scammers, the website is practically copied from an authorized broker. In addition, on the fraudsters' website, we can find information about Hogg Capital Investments Limited, which is a legally operating entity in Malta (and registered with MFSA). However, it has nothing to do with the triel-fx.com website.

Tier1FX (clone)

• website: www.tierl-fx.com
• Company name used: Hogg Capital Investments Limited
• Reference number: C 18954
• Original site: www.tier1fx.com
• MFSA announcement

SFC warns against Asia Pacific Futures Investment

Hong Kong SFC regulator issued a warning against the entity named Asia Pacific Futures Investment LTDthat provides investment brokerage services without the required permits and is in breach of national law. The company operates under the domain ytqmtfx.net, and its purpose is likely to obtain funds from unknowing victims.

Asia Pacific Futures Investment

• website: www.ytqmtfx.net
• Entity's full name:Asia Pacific Futures Investment Limited
• SFC message