The UK Financial Conduct Authority (FCA) today issued a warning against a clone of the XTB online brokerage.
Clones are fraudulent entities that misuse the details (address, license, logo, etc.) of authorized companies in order to more easily lure potential victims. Clones have nothing to do with the original companies.
XTB Trading World is not authorized by the FCA but has been contacted by people pretending to be an authorized company.
Clone Company Details
Scammers use the following details to trick people:
Name: XTB Trading World (Clone of FCA Authorized Company)
Phone: +447424912789
Email: tradewithxtb@outlook.com
FCA Authorized Company Details
This is the genuine, authorized company the scammers claim to work for. It has nothing to do with the clone company.
The correct details are:
Company Name: XTB Limited
Company reference number: 522157
Address: Level 9,
Office 9.12
A Canada Square
Canary Wharf
London, E14 5AA, UNITED KINGDOM
Phone: +442036953085
Email: compliance@xtb.co.uk
Website:
If you deal with the clone, you will not be able to access the Financial Ombudsman Service if you have a complaint.
You also won’t be protected by the Financial Services Compensation Scheme (FSCS) if things go wrong. This means you are unlikely to get your money back if the company goes out of business.