On June 21, 2018, the Financial Conduct Authority issued a warning regarding Alpha Algorithms T/A Fomax Capital Ltd

In its notification, the FCA said "We believe this firm may be providing financial services or products in the UK without our authorisation. Find out why you should be wary of dealing with this unauthorised firm and how to protect yourself.".

The FCA went on to note that

Almost all firms and individuals offering, promoting or selling financial services or products in the UK have to be authorised or registered by us.

This firm is not authorised by us and is targeting people in the UK. You will not have access to the Financial Ombudsman Service or be protected by the Financial Services Compensation Scheme (FSCS), so you are unlikely to get your money back if things go wrong.

Unauthorised firm - Alpha Algorithms T/A Fomax Capital Ltd

Address: Harbour Exchange

Harbour Exchange square

, London E14 9GE, UNITED KINGDOM, E14 9GE

Kemp House, 152-160 City Road London, UNITED KINGDOM, EC1V 2NX

Telephone: 02 03 950 2603, 2039501464

Email: info@fomaxcapital.com

Website: https://fomaxcapital.com/

Be aware that some firms may give out other details or change their contact details over time to new email addresses, telephone numbers or physical addresses.

Click here to view the FCA's original notice