| Company Name: | IdolFX / Idol Investment |
| Website: | idol-investment.com, idolinvestment.com |
| Supposed Address: | Heron Tower, 110 Bishopsgate, London EC2N 4AY, United Kingdom |
| Phone: | +447492598005 +447447726334 |
| Email: | [email protected] [email protected] |
IdolFX Overview and Regulation
Idol Investment is a Forex and CFDs broker allegedly located at Heron Tower, 110 Bishopsgate, London, EC2N 4AY, United Kingdom. IdolFX claims on their site to be operated by Idol Compute PTY LTD. The problem with this claim is that a quick search on the ASIC register reveals that this company is no longer in activity. We have suspicious reason to believe that IdolFX is just using the credentials of another company. Moreover, IdolFX provides a UK address. The Financial Conduct Authority (FCA) warned consumers on July 7, 2024, that Idol Investment is not authorized to provide financial services in the United Kingdom. IdolFX is probably involved in a scam using information from another company; stay away from this fraudulent trading platform.
Timeline records on IdolFX – Idol Investment
July 10, 2024: The Financial Conduct Authority (FCA) has issued a warning against IdolFX stating that “This firm may be providing or promoting financial services or products without our permission“
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FAQ
What is Idol Investment and where are they allegedly located?
Idol Investment is a Forex and CFDs broker claiming to be located at Heron Tower, 110 Bishopsgate, London, UK, and operated by Idol Compute PTY LTD.
Why is there suspicion about IdolFX’s legitimacy?
IdolFX claims to operate under a company no longer active according to the ASIC register. Additionally, the FCA has warned that IdolFX is not authorized to provide financial services in the UK.
Is IdolFX a regulated company?
No, IdolFX is not regulated. The FCA has stated that IdolFX is not authorized to provide financial services in the UK.
