Almost all firms and individuals offering, promoting or selling financial services or products in the UK have to be authorised by us.
However, some firms and individuals act without our authorisation and some knowingly run investment scams.
This entity is not authorised by us and is targeting consumers. Based upon information we hold, we believe it is carrying on regulated activities in respect of the managing/advising/arranging deals in investments including binary options as well as making financial promotions without authorisation or exemption.
How to protect yourself
We strongly advise you to only deal with financial firms that are authorised by us, and check the Financial Services Register to ensure they are. It has information on firms and individuals that are, or have been, regulated by us.
If you want to check a consumer credit firm that may not yet have been authorised by us, please also check the Interim Permission Register.
If a firm does not appear on the Register but claims it does, contact our Consumer Helpline on 0800 111 6768.
There are more steps you should take to avoid scams and unauthorised firms.
You should also be aware that if you give money to an unauthorised firm, you will not be covered by the Financial Ombudsman Service or Financial Services Compensation Scheme (FSCS) if things go wrong.
Report an unauthorised firm
If you think you have been approached by an unauthorised firm or contacted about a scam, you should contact our Consumer Helpline on 0800 111 6768. If you were offered, bought or sold shares, you can use our reporting form.
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