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Clone Plus500

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Risk Level - High

Scam Evidence & Warnings

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The UK FCA identifies plus500un.com as a clone firm On 6 November 2023, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that Clone Plus500 at plus500un.com was a clone of FCA Authorised firm, Plus500UK Ltd. You may visit: https://www.fca.org.uk/news/warnings/wwwplus500uncom-clone-fca-authorised-firm

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BrokersView has Reviewed that Clone Plus500 is an Unregulated Broker Clone Plus500 claims to be a FTSE 250 company listed on the London Stock Exchange's Main Market for Listed Companies. To operate as this type of broker in the United Kingdom, a company must be regulated by the United Kingdom Financial Conduct Authority (UK FCA), but this broker was unauthorised in FCA. It is a red flag. The United Kingdom Financial Conduct Authority (UK FCA) issued a warning that "plus500un.com" was a clone of FCA Authorised firm, Plus500UK Ltd. As such, we named it Clone Plus500.The truth is that Clone Plus500 is not regulated by any regulators. Letting it hold or control investors' money is unsafe, and the money can not be protected by any laws.Clone Plus500 is a scam.

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BrokersView has identified that Clone Plus500's website is currently offline BrokersView found that the domain "https://www.plus500un.com/" is currently inaccessible. This is widely regarded as a significant red flag, as the suspension of a broker's website often points to underlying regulatory or operational issues.

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