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Operating status: SCAM
Website: https://www.medifinancelimited.com/

On 13 Jan 2023, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that Medifinance 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/medifinancelimitedcom-clone-fca-authorised-firm
Medifinance Limited claims to be a UK-based firm with company number 04792968. 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 Medifinance Limited in FCA, but as per the regulatory details shown on the regulator, the only approved domain of this licensed firm is "www.medifinance.co.uk." instead of the one used by this broker.
More importantly, FCA issued a warning against Medifinance Limited 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, Medifinance 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.
On June 12, 2023, the Comisión Nacional del Mercado de Valores (CNMV) added Medifinance Limited to its warning list for providing investment services without authorization: https://www.cnmv.es/Portal/ResultadoBusqueda.aspx?tipo=1&sortExpression=Fecha&sortDirection=1&page=0.
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