Almost all firms and individuals carrying out financial services activities in the UK have to be authorised or registered by us. This firm is not authorised or registered by us but has been targeting people in the UK, claiming to be an authorised firm.

This is what we call a 'clone firm'; and fraudsters usually use this tactic when contacting people out of the blue, so you should be especially wary if you have been cold called. They may use the name of the genuine firm, the 'firm reference number' (FRN) we have given the authorised firm or other details.

You can find out more about this scam tactic and how to protect yourself from clone firms.

Clone firm details

Fraudsters are using or giving out the following details as part of their tactics to scam people in the UK:

Tradignition (clone of FCA authorised firm)

Address: SkyOptions Limited, 2 Landsdowne Row, London, UNITED KINGDOM, W1J 6HL

Telephone: 00 44 20 3734 7540

Email: contact@tradignition.com

Website: www.tradignition.com

Other Information: Sales representatives from Tradignition are claiming in calls to consumers and in "Regulation" documentation that they are sending to consumers that the firm is in partnership with London Capital Group and regulated by the FCA. This is not true.

Be aware that scammers may give out other false details or mix these with some correct details of the registered firm. They may change contact details over time to new email addresses, telephone numbers or physical addresses.

FCA authorised firm details

This FCA authorised firm that fraudsters are claiming to work for has no association with the ‘clone firm’. It is authorised to offer, promote or sell services or products in the UK and its correct details are:

Firm Name: London Capital Group Ltd

Firm Reference Number: 182110

Address: 3rd Floor 80 Cheapside London, EC2V 6EE, UNITED KINGDOM

Telephone: 44 02074567000

Email: compliance@lcg.com

Website: www.lcg.com