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Polar Capital Technology

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Operating status: SCAM

Website: https://polar-capital.info/

Broker violations and abnormal records
  • 2023-05-18 The UK regulator FCA identified Polar Capital Technology as a clone

    On May 19, 2023, the Financial Conduct Authority (FCA) issued a warning against Polar Capital Technology, identifying this broker as a clone of an FCA-authorized firm: https://www.fca.org.uk/news/warnings/polar-capital-technology-clone-fca-authorised-firm


    On May 19, 2023, the Financial Conduct Authority (FCA) issued a warning against Polar Capital Technology, identifying this broker as a clone of an FCA-authorized firm: https://www.fca.org.uk/news/warnings/polar-capital-technology-clone-fca-authorised-firm
  • 2023-05-21 BrokersView has reviewed that Polar Capital Technology is an unregulated broker

    Polar Capital Technology claims to be the trading name of Polar Capital Technology Trust PLC registered in the UK. Therefore, its offering of financial services or products is required to be authorized and regulated by the Financial Conduct Authority (FCA). However, the FCA has issued a warning against this company, confirming it is copying details of an FCA-authorized firm to appear legitimate and thus identifying it as a clone.

    In essence, Polar Capital Technology is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. It is unequivocally a scam.

    Polar Capital Technology claims to be the trading name of Polar Capital Technology Trust PLC registered in the UK. Therefore, its offering of financial services or products is required to be authorized and regulated by the Financial Conduct Authority (FCA). However, the FCA has issued a warning against this company, confirming it is copying details of an FCA-authorized firm to appear legitimate and thus identifying it as a clone.In essence, Polar Capital Technology is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. It is unequivocally a scam.

Related Complaints

Q&A

Could you please check its license for me?

Louie Carl
Denmark
2023-05-24
ANSWER Polar Capital Technology is an unlicensed broker we advise against trading with despite the seemingly attractive deals it offers.Polar Capital Technology claims to be the trading name of Polar Capital Technology Trust PLC registered in the UK, where brokers are required to be authorized and regulated by the Financial Conduct Authority (FCA). However, the FCA has issued a warning against this company, saying it copies details of an FCA-authorized firm to appear legitimate and thus is identified as a clone.Regarding your question, Polar Capital Technology is not only unlicensed but it also carries a warning issued by the FCA. This is a scam broker coming with significant risks such as financial losses and identity theft. To avoid such risks, investors are strongly advised against dealing with unlicensed brokers like Polar Capital Technology and to choose fully regulated ones instead.
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