FCA warns regarding binary options broker Ebor Option

The practice of corporate cloning, when a fraudulent company misuses the name or other data of an authorized business, does not seem to be losing force. Another fresh example comes from the UK, where the Financial Conduct Authority (FCA) earlier today issued a warning regarding Ebor Option (Ebor Trustees Limited).

The company is offering binary options trading on MT4 and markets its services via https://www.eblbo.co.nz. It purports to be authorized in the UK, whereas using the financial registration number and the name of a legitimate company – Ebor Trustees Limited. The authorized business in fact has nothing to do with the clone, the FCA says.

The FCA says investors should stay away from unauthorized companies and to be especially vigilant if they are cold called.

Clone Firm Details

Ebor Option (Ebor Trustees Limited) (clone of FCA Authorised Firm)

Email: [email protected], [email protected]

Website: www.eblbo.co.nz/

FCA authorised firm details

Firm name: Ebor Trustees Limited

FRN: 462002

Address: Foss Islands House, Foss Islands Road, York, North Yorkshire, YO31 7UJ

To view the full text of the warning, click here.

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