FCA identifies nordkvarn.com as a clone firm On March 26, 2026, the Financial Conduct Authority (FCA) flagged nordkvarn.com, identifying it as a clone firm. https://www.fca.org.uk/news/warnings/nordkvarn-clone-fca-authorised-firm

BrokersView has reviewed that nordkvarn.com is an unregulated broker It displayed a St. Vincent and the Grenadines Financial Services Authority (SVG FSA) registration number on its website. Upon investigation, we found that the company registered with the SVG FSA is HYCM, and the license status is "cancelled." Furthermore, the Financial Conduct Authority (FCA) flagged nordkvarn.com, identifying it as a clone firm. In fact, nordkvarn.com is not regulated by any authority. Therefore, nordkvarn.com is a scam.