Öffentliche Betrugswarnung – Verbraucherwarnung!4FX Royal (clone of EEA authorised firm)
4FX Royal (clone of EEA authorised firm)
- Warnung FCA UK
4fxroyal (clone of EEA authorised firm)
Warnings Published: 29/01/2020 Last updated: 29/01/2020
Fraudsters are using the details of firms we authorise to try to convince people that they work for a genuine, authorised firm. Find out more about this ‘clone firm’.
Almost all firms and individuals carrying out financial services activities in the UK have to be authorised or registered by us. This firm is not authorised or registered by us but has been targeting people in the UK, claiming to be an authorised firm.
This is what we call a 'clone firm'; and fraudsters usually use this tactic when contacting people out of the blue, so you should be especially wary if you have been cold called. They may use the name of the genuine firm, the 'firm reference number' (FRN) we have given the authorised firm or other details.
You can find out more about this scam tactic and how to protect yourself from clone firms.
Clone firm details
Fraudsters are using or giving out the following details as part of their tactics to scam people in the UK:
4fxroyal (clone of EEA authorised firm)
Address: Crosswall 17, London, EC3N 2LB
Telephone: 01513 681786, 01512 681774, 01133 668322
Email: firstname.lastname@example.org, email@example.com, firstname.lastname@example.org
Be aware that the scammers may give out other false details or mix these with some correct details of the registered firm.
EEA authorised firm details
This FCA authorised firm that fraudsters are claiming to work for has no association with the ‘clone firm’. It is authorised to offer, promote or sell services or products in the UK and its correct details are:
Firm Name: Royal Forex Limited
Firm Reference Number: 731592
Address: 128-130 Limassol Avenue, 3rd Floor, Strovolos, 2015 Nocosia, Cyprus
Telephone: 00357 22007405
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 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.
If you use an unauthorised firm, you won’t have access to the Financial Ombudsman Service(link is external) or Financial Services Compensation Scheme(link is external) (FSCS) so you’re unlikely to get your money back if things go wrong.
If you use an authorised firm, access to the Financial Ombudsman Service and FSCS protection will depend on the investment you are making and the service the firm is providing. If you would like further information about protection, the authorised firm should be able to help.
Report a clone firm
If you think you have been approached by an unauthorised or clone firm, or contacted about a scam, you should contact us. If you were offered, bought or sold shares, you can use our reporting form.
What to do if your firm is cloned
If you think your authorised firm has been cloned or scammers are fraudulently using your name or other details, contact our Firm Helpline on 0300 500 0597.
Warning list4xRoyal24 / 4fxRoyalName4xRoyal24 / 4fxRoyalDomicile-AddressAargauerstrasse, 8005 ZürichInternethttps://4xroyal24.com/ und https://4fxroyal.com/Commercial registerNot entered in commercial registerRemarks-
2020-01-27, Public warning by CNMV Spain against 4FXROYAL
CNMV ISSUES WARNING TO THE PUBLIC ON UNREGISTERED FIRM
Pursuant to the second paragraph of Article 17 of the Securities Markets Law (recast text approved by
Royal Legislative Decree 4/2015, of 23 October), the Comisión Nacional del Mercado de Valores (National
Securities Market Commission) warns that:
is not authorised to provide the investment services detailed in Article 140 of the Securities Markets
Law, which include investment advice, or to provide the auxiliary services detailed in letters a), b), d), f)
and g) of Article 141 of the said Law in relation to the financial instruments detailed in Article 2 of the
said Law, including, for those purposes, foreign currency transactions.
For any enquiries, please contact the Comisión Nacional del Mercado de Valores enquiry line on
900 535 015 or visit CNMV’s website (www.cnmv.es).
27 January 2020
2020-03-03, Public warning by Consob Italy Spain against Prime-Investfx Ltd (sito internet www.prime-investx.com) - "4FX Royal" (sito internet https://4fxroyal.com) - GlobalFx Ltd (sito internet https://globalfxs.org) - Light Media Ltd (sito internet www.wincapitalpro.com) - "AJ Asset" (siti internet https://aj-asset.com e https://platform.aj-asset.com) - "VirtualStocks" (sito internet https://virtualstocks.io) - UMO Finance Ltd (sito web www.umo-finance.com) - www.umoperte.dazeroamarketer.com (Alberto Simoni)
Prime-Investfx Ltd (sito internet www.prime-investx.com) - "4FX Royal" (sito internet https://4fxroyal.com) - GlobalFx Ltd (sito internet https://globalfxs.org) - Light Media Ltd (sito internet www.wincapitalpro.com) - "AJ Asset" (siti internet https://aj-asset.com e https://platform.aj-asset.com) - "VirtualStocks" (sito internet https://virtualstocks.io) - UMO Finance Ltd (sito web www.umo-finance.com) - www.umoperte.dazeroamarketer.com (Alberto Simoni)
Consob has ordered the black-out of 7 new websites that offer financial services illegally.
The commission availed itself of the powers resulting from the 'Decreto Crescita' ('Growth Decree'; Law no. 58 of 28 June 2019, article 36, paragraph 2-terdecies), on the basis of which Consob can order internet access providers to block access from Italy to websites offering financial services without the proper authorisation.
The companies and websites are listed below:
Prime-Investfx Ltd (website www.prime-investx.com);
"4FX Royal" (website https://4fxroyal.com);
GlobalFx Ltd (website https://globalfxs.org);
Light Media Ltd (website www.wincapitalpro.com);
"AJ Asset" (websites https://aj-asset.comand https://platform.aj-asset.com);
VirtualStocks" (website https://virtualstocks.io).
The number of sites blacked out since July last, when Consob got the power to order blackouts, has thus risen to 161.
The measures with which the aforementioned companies were ordered to terminate the abusive activity can be viewed on the website www.consob.it..
The black-out of these websites by internet service providers operating on the Italian market is ongoing. For technical reasons, it can take several days for the black-out to come into effect.
Consob draws investors' attention to the importance of paying the utmost attention in order to make informed investment choices, focusing on those common sense behaviours - such as, for example, checking that the operator with whom you are investing is authorised - that are essential if you really want to safeguard and, hopefully, see a return. To this end, Consob would remind you that there is a section on the homepage of its website consob.it entitled "Be aware of fraud!", with useful information to warn investors against abusive operators.
The Commission has also suspended for a period of 90 days:
- the offering to the public resident in Italy of investments of a financial nature made by UMO Finance Ltd without the required authorisation, also through the website www.umo-finance.com pursuant to article 99, paragraph 1, letter d) of the Consolidated Law on Finance (Resolution no. 21279 of 26 February 2020);
- advertising, through the site www.umoperte.dazeroamarketer.com, linked to Mr Alberto Simoni, of the offering to the public of investments of a financial nature promoted by UMO Finance Ltd, without the required authorisations, pursuant to article 101, paragraph 4, letter b) of the Consolidated Law on Finance (Resolution no. 21280 of 26 February 2020).
* * *
Consob has ordered the same subjects to cease the violation of Article 18 of Legislative Decree no. 58 of 24 February 1998, pursuant to article 7-octies, letter b) of the same legislative decree:
Prime-Investfx Ltd, through the website www.prime-investx.com (Resolution no. 21285 of 26 February 2020);
"4FX Royal", through the website https://4fxroyal.com, (Resolution no. 21283 of 26 February 2020);
GlobalFx Ltd, through the website https://globalfxs.org (Resolution no. 21284 of 26 February 2020);
Light Media Ltd, through the website www.wincapitalpro.com (Resolution no. 21286 of 26 February 2020);
"AJ Asset" through the websites https://aj-asset.com and https://platform.aj-asset.com (Resolution no. 21281 of 26 February 2020);
"VirtualStocks" through the website https://virtualstocks.io (Resolution no. 21282 of 26 February 2020).
(Published in "Consob Informa" no. 8/2020 - 3 March 2020)