Safecaps.io / Safecap.io (Clone of FCA Authorised Firms) is not authorised or registered by the FCA but has been targeting people in the UK, claiming to be an authorised firm. Find out why you should be wary of dealing with this unauthorised firm and how to protect yourself from scammers.
Is safecaps a clone firm?
On 5 Oct 2022, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that SafeCaps 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.
Is safecaps licensed?
SafeCaps is not licensed in any capacity and does not claim to be – here is where the firm operates from: St. Vincent is infamous for the fact it does not regulate its Forex markets in any capacity.
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