Clone Alert from FCA: Finalto Pro is NOT Authorized by the Regulator

On 10 November, the UK's Financial Conduct Authority (FCA) warned about a cloned entity called Finalto Pro, alerting that it is not related to the FCA-authorised firm Finalto Financial Services Limited (Finalto).

On its website, Finalto Pro described itself as a UK-based investment company that can provide foreign exchange and CFD trading and portfolio management services. This company said that investors may explore various financial markets through the platform, including forex, metals, stocks, and cryptocurrencies. It also claimed to be authorized by the UK's financial regulator, the FCA, and provided some of the details for verification.

^{(Clone Finalto/Finalto Pro's site.)}

However, its claim was denied by the FCA. In a cloning warning issued by the FCA, the regulator highlighted that Finalto Pro is not financially licensed.

Upon comparison, we found that the authorization details provided by this clone entity were stolen from the genuine company Finaltom, such as FRN, address, and logo. In addition, its email address and website are similar to Finalto, which makes it confusing to traders.

FCA-regulated Finalto (https://liquidity.finalto.com/uk/) is a financial company providing liquidity and technology solutions to institutional clients, with FRN 481853.

_{(The genuine Finalto.)}

Investors are advised to check the regulatory status of any entity and compare details before conducting financial transactions with that entity. Be cautious of inconsistencies with the information in the regulator's portal details. If you are troubled with checking a broker's license, you may ask BrokersView. We will check the regulatory status of the forex broker for you for free.