On 2 Feb 2023, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that Ludgate Investment Limited was a clone firm. The fraudster was using the details of firms UK FCA authorise to try to convince people that it works for a genuine, authorised firm. You may visit: https://www.fca.org.uk/news/warnings/ludgate-investments-limited-clone-fca-authorised-firm

Ludgate Investment Limited claims to be an experienced and trustable firm while presenting no details about its regulations. Lacking regulatory information may be a distinct characteristic of unlicensed brokers, as legit brokers always present their certificates and licenses in a prominent position. It is a red flag here.

Besides, Ludgate Investment Limited shows its company address is in the United Kingdom. As per the United Kingdom law, all firms and individuals offering, promoting, or selling financial services or products in the UK have to be authorized or registered by the UK Financial Conduct Authority (FCA). 

We indeed found a match result to Ludgate Investment Limited in FCA. But as per the regulatory details shown on FCA, the only approved domain of the licensed firm is "www.ludgate.com" instead of the one used by this broker.

More importantly, FCA issued a warning against Ludgate Investment Limited "https://ludgateinvestmentslimited.com" for being a clone firm, which falsely used the details of firms the UK FCA authorized to try to convince people that it works for a genuine, authorized firm.

The truth is, Ludgate Investment Limited is not under valid regulation by any regulators to provide investment services. Investors' funds in this company are unsafe and cannot be protected by any law. It is a scam.