FCA warns of clones of Saxo Financial institution

The UK Monetary Conduct Authority (FCA) has issued a warning towards a number of fraudulent entities abusing the main points of multi-asset funding specialist Saxo Financial institution.

Fraudsters copy the main points of authorised corporations (title, web site, handle, brand, and so on) to try to persuade those who their agency is real. These clone corporations usually are not authorised however have been contacting folks pretending to be an authorised agency.

Clone agency particulars

FCA authorised agency particulars

That is the real, authorised agency that the fraudsters are claiming to work for. It has no reference to the clone agency.

The right particulars are:

  • Agency Identify: Saxo Financial institution A/S
  • Agency Reference Quantity: 207519
  • Handle:

Philip Heymans Alle 5


2900, 2900, DENMARK

  • Phone: +4539774000
  • Web site: www.saxobank.com
  • Agency Identify: Saxo Capital Markets UK Restricted
  • Agency Reference Quantity: 551422
  • Handle:

twenty sixth Flooring

40 Financial institution Road


  • Phone: 4402071512100
  • Electronic mail: [email protected]
  • Web site: https://www.house.saxo/en-gb/

If you happen to take care of the clone agency, you gained’t have entry to the Monetary Ombudsman Service if in case you have a grievance. You additionally gained’t be protected by the Monetary Providers Compensation Scheme (FSCS) if issues go incorrect. This implies it’s unlikely you’d get your a refund if the agency goes out of enterprise.