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Investor First Trade

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Operating status: SCAM

Website: https://www.investorfirst.trade/

Broker violations and abnormal records
  • 2023-08-28 The UK FCA identifies Investor First Trade as a clone firm

    On August 29, 2023, the Financial Conduct Authority (FCA) identifies Investor First Trade as a clone of a previously FCA authorized firm. https://www.fca.org.uk/news/warnings/investor-first-trade-investorfirsttrade-clone-previously-authorised-fca-firm

    On August 29, 2023, the Financial Conduct Authority (FCA) identifies Investor First Trade as a clone of a previously FCA authorized firm. https://www.fca.org.uk/news/warnings/investor-first-trade-investorfirsttrade-clone-previously-authorised-fca-firm
  • 2023-08-29 BrokersView has reviewed that Investor First Trade is an unregulated broker

    Investor First Trade claims that it is registered with the Financial Conduct Authority (FCA) under FRN 01875832. However, there isn't a license of that number in the FCA database. In fact, that number is a company number issued by the Companies House (CH) and belongs to a firm called Investor First Limited. The company, according to the FCA, is a previously authorized one, and the Invstor First Trade at investorfirst.trade is a clone of it. Put simply, Investor First Trade is a fake platform exploiting the details of a real firm to appear legitimate.


    In essence, Investor First Trade 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. 


    Investor First Trade is unequivocally a scam.

    Investor First Trade claims that it is registered with the Financial Conduct Authority (FCA) under FRN 01875832. However, there isn't a license of that number in the FCA database. In fact, that number is a company number issued by the Companies House (CH) and belongs to a firm called Investor First Limited. The company, according to the FCA, is a previously authorized one, and the Invstor First Trade at investorfirst.trade is a clone of it. Put simply, Investor First Trade is a fake platform exploiting the details of a real firm to appear legitimate.In essence, Investor First Trade 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. Investor First Trade is unequivocally a scam.

Related Complaints

Q&A

What is Investor First Trade GMT offset?

Monthipa Huang
Italy
2023-09-28
ANSWER Since Investor First Trade is an unauthorized firm on the blacklist of a financial regulatory body, we strongly suggest you avoid it.Investor First Trade pretends to be registered with the Financial Conduct Authority (FCA) under FRN 01875832. But this is not a license number in the FCA database. It is actually a company number from the Companies House (CH) that belongs to Investor First Limited. This is a real firm that was authorized by the FCA before, but the Investor First Trade at investorfirst.trade is an impostor of it. In other words, Investor First Trade is a fraudulent platform that uses the information of a genuine firm to look legit. To warn the public about the scam, the FCA has issued a warning against Investor First Trade.The bottom line is that Investor First Trade has no regulatory oversight. Investing with this broker is very dangerous, as there are no legal safeguards for the investors' funds. To protect their interests, investors are advised to choose a fully regulated broker instead.
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