FCA warns of clone firm Credence Trade

The Financial Conduct Authority (FCA) earlier today published a warning regarding Credence Financial Earnings Ltd / Credence Trade, a company which is targeting investors in the UK using a fraudulent technique known as “cloning”.

Credence Trade, which offers a raft of services in the area of investments, including binary options, is misusing the details of an authorized company: CFE (UK) Ltd.

The FCA notes that the clone firm is not authorized to offer investment services in the UK and that this firm is in no way associated with CFE (UK) Ltd, which has a license from the FCA.

Clone firm details

Credence Financial Earnings Ltd / Credence Tradecredence_trade_logo

Address: 4 Lansdowne Row, Mayfair, London, W1J

Telephone: 020 3695 9879

Website: www.credence-trade.com

Email: [email protected]

FCA authorised firm details

Firm name: CFE (UK) Ltd

Firm reference number: 599241

Address: 3 More London Riverside, London, SE1 2RE

Telephone: 020 7936 0580

Fax: 020 7936 2844

To view the official warning by the FCA, click here.

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