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FT Group

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Operating status: SCAM

Website: https://ft-group.co/

Broker violations and abnormal records
  • 2024-03-04 The FCA issues a warning about FT Group

    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-groupco
  • 2024-03-07 BrokersView has reviewed that FT Group is an unregulated broker

    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.

    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.
  • 2024-04-16 The FCA issues an updated warning against FT Group

    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

Related Complaints

Q&A

Does FT Group allow hedging?

Tarweeza Ali
Panama
2024-03-12
ANSWER We advise against any interaction with FT Group, a forex broker operating without a license.This recently established website makes an exaggerated claim of having a 30-year history, yet it lacks the requisite financial licenses for its operations. The Financial Conduct Authority (FCA) in the UK has issued a warning about FT Group, categorizing it as an unauthorized entity.In light of its unlicensed status, it is wise to avoid FT Group to safeguard yourself from potential fraudulent activities. For a more secure trading environment, it is recommended that investors opt for brokers that are fully regulated.
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1 comments

Chris Edwards
This is a scam! Total cowboys unregistered and red flagged by the FCA. Bunch of crooksHome News FT Group / ft-group.coFT Group / ft-group.coWarnings First published: 05/03/2024 Last updated: 05/03/2024 This firm may be providing or promoting financial services or products without our permission. You should avoid dealing with this firm and beware of scams.On this page document iconUnauthorised firm detailsWhat this means for youHow to protect yourselfReport an unauthorised firmAlmost all firms and individuals must be authorised by us to carry out or promote financial services in the UK.This firm is not authorised by us and may be targeting people in the UK.Search our Warning List for other unauthorised firms and individuals we're aware of.Unauthorised firm detailsName: FT Group / ft-group.coTelephone: 08452852963Mobile: 0795136768, 07476539546, 07308352430, 07378835320, 07308352435, 0794473199Email: adam.schlisman@ft-group.co,daniel.johanson@ft-group.co,ann.frost@ft-group.co,caleb.kramer@ft-group.co,alex.wagner@ft-group.co,stewart.davidson@ft-group.coWebsite: ft-group.coSome firms may give incorrect contact details including postal addresses, telephone numbers and email addresses. They may change these contact details over time.They may also give you details that belong to another business or individual, so the information looks genuine.What this means for youIf you deal with this firm, you won't have access to 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 it's unlikely you'd get your money back if the firm goes out of business.How to protect yourselfYou should only deal with financial firms that are authorised by us. If a financial firm is authorised by us, it gives you greater protection if things go wrong.You can check our Financial Services Register to make sure a firm is authorised and has permission for the service it's offering you.You'll also be able to find:information on how you're protectedcontact details for authorised firmsIf you're contacted unexpectedly by a financial business or individual, make sure you reply using the contact details on the FS Register.Find out more about how to protect yourself from scams.Report an unauthorised firmIf you think you've been approached by an unauthorised firm, call us on 0800 111 6768, or use our contact form.
2024-04-09
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