Tag: clone

March 25, 2015 BY Maria Nikolova

UK watchdog detects misuse of LCG name by binary options broker

LeapRate's loyal readers must already be somewhat accustomed to the Financial Conduct Authority (FCA) issuing warnings against clones of authorized online trading companies. Some of the cases the UK watchdog tackles, however, are quite stunning and today presented us with one of these. Representatives of Tradignition, a binary options broker soliciting UK clients, are falsely…

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February 24, 2015 BY Maria Nikolova

Financial Conduct Authority warns about Ikon Finance clone

The Financial Conduct Authority (FCA) has been rather active lately in cautioning the public about clone firms. The latter usually abuse a trademark, emulate a name of a firm, its services and websites, in order to fraudulently benefit from the established reputation of a regulated entity. Earlier today, the UK watchdog published a warning about…

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