Do You Want to Know If M&L Capital UK Is Legitimate or a Scam Broker?
You may have discovered an excellent, regulated broker called something like M&L Capital UK, or you could have landed on the M&L Capital UK website and be one step closer to financial danger. Just a few letters or words can make the difference between a licensed broker with a solid reputation and a scam that will rob you of your savings.
The Financial Conduct Authority or the FCA has flagged M&L Capital UK as a clone broker. This means they have adopted a name that is remarkably similar to the name of a regulated broker. That’s what attracted the attention of the FCA. M&L Capital UK has been trying to confuse the public and taking clients from an FCA licensed firm. The result–more people think they are working with a reliable broker and end up losing their money.
There Are Some Problems with M&L Capital UK
M&L Capital UK’s website seems professional and convincing. Its claim that it is registered by the FCA is credible. However, when you check the name of the broker and the address, you’ll find that M&L Capital UK is tricking you into thinking it is an FCA regulated broker.
This is unfortunate, since many of these customers are doing what they are supposed to do–check for a license before opening a brokerage account. However, it’s important to go a step further and validate the information you gather when researching brokers.
Red Flags that M&L Capital UK Could Be a Scam Broker
- Clone broker
- Flagged by the FCA
- No license
If You Need Fund Recovery from M&L Capital UK, Talk to Us
We create these reviews to warn consumers about brokers and schemes that may be fraudulent. If you have an account with M&L Capital UK, close it and request a withdrawal. If you are not given your money back, contact Broker Complaint Registry right away. We will consult with you, work to track down your funds and create investigative reports, and will assist with fund recovery efforts.
