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FT Group
Operating status: SCAM
Website: https://ft-group.co/
Broker violations and abnormal records
On March 5, 2024, the Financial Conduct Authority (FCA) issued a warning against FT Group, believing this company might be providing financial services or products without proper authorization in the UK. https://www.fca.org.uk/news/warnings/ft-group-ft-groupco
On March 5, 2024, the Financial Conduct Authority (FCA) issued a warning against FT Group, believing this company might be providing financial services or products without proper authorization in the UK. https://www.fca.org.uk/news/warnings/ft-group-ft-groupcoFT Group claims to be a broker that has 30 years of experience in the financial industry. However, its domain name, ft-group.co, was recently registered in November 2023, contradicting such claims. This discrepancy is a red flag.
This platform fails to provide any regulatory information, suggesting that it may not be authorized by any pertinent financial regulator. What's more, the Financial Conduct Authority (FCA) has issued a warning about FT Group, identifying it as an unauthorized firm in the UK.
In essence, FT Group is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.
FT Group appears to be a scam.
FT Group claims to be a broker that has 30 years of experience in the financial industry. However, its domain name, ft-group.co, was recently registered in November 2023, contradicting such claims. This discrepancy is a red flag.This platform fails to provide any regulatory information, suggesting that it may not be authorized by any pertinent financial regulator. What's more, the Financial Conduct Authority (FCA) has issued a warning about FT Group, identifying it as an unauthorized firm in the UK.In essence, FT Group is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.FT Group appears to be a scam.On April 17, 2024, the Financial Conduct Authority (FCA) updated its warning against FT Group, exposing more company information to help investors recognize the scam and avoid it. https://www.fca.org.uk/news/warnings/ft-group-ft-groupco
On April 17, 2024, the Financial Conduct Authority (FCA) updated its warning against FT Group, exposing more company information to help investors recognize the scam and avoid it. https://www.fca.org.uk/news/warnings/ft-group-ft-groupco
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