FCA Flags Multiple Unauthorised Platforms Offering Financial Services Without Approval
Unlicensed platforms operating across multiple domains and using identical website interfaces to offer financial services.
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Abstract:FCA warns about multiple fake forex trading websites built as cheap “clone sites.” Check platform legitimacy with WikiFX to avoid investment fraud.

The UKs Financial Conduct Authority (FCA) has once again issued a warning against a batch of fraudulent trading platforms. These so-called “clone sites” are created at extremely low cost, often by reusing the same website template, swapping only the domain name and brand, and then presenting themselves as entirely new “platforms” to deceive investors.
The latest alert highlights the following websites, all of which have no connection to licensed institutions:

What these sites have in common is simple: they are mass-produced from a uniform template, requiring minimal technical input. Many directly copy trading interfaces and marketing language, appearing professional but lacking any regulatory credentials.
According to WikiFXs system database, cases of “clone sites” have surged in recent years. These fraudulent platforms often appear in batches—when one is exposed, new domains quickly emerge. The model is straightforward: low cost, rapid deployment, wide-scale targeting.
To further mislead, some fake platforms even create fabricated “rating pages,” posing as independent review sites and giving themselves inflated scores. This manufactured credibility is designed to make unsuspecting investors believe they are dealing with a trusted entity.
WikiFX has previously reported on similar schemes. For more details, see: Clone Sites Continue to Spread.
When reviewing online platforms, investors should watch for the following warning signs:
To reduce risks, investors should always verify suspicious platforms using the WikiFX Query Tool. WikiFX provides up-to-date information on broker regulatory status, official website addresses, as well as user complaints and exposure records. Leveraging these resources helps investors identify risks early and avoid falling victim to “clone sites.”
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.

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