FCA Warns That aibtctrade.ltd Is Not Authorised to Provide Financial Services

The Financial Conduct Authority (FCA) has warned that aibtctrade.ltd is not authorised to provide financial services in the UK and may be targeting people there. The regulator says consumers should avoid dealing with the firm and be alert to scams involving its name and website, www.aibtctrade.ltd. The FCA lists the firm’s name as aibtctrade.ltd and gives two addresses associated with it: 1 Canada Square, Canary Wharf, London, E14 5AB, and 56 Victoria Street, London, SW1E 6QW. The regulator cautions that unauthorised firms may use incorrect contact details or details belonging to another business or person, and that contact information may change. People who deal with an unauthorised firm do not have access to the Financial Ombudsman Service to complain and are not protected by the Financial Services Compensation Scheme if the firm fails. The FCA says customers who sent money to a fraudster on or after 7 October 2024 may be covered by protections introduced by the Payment Systems Regulator; eligibility depends on the circumstances. Consumers can check a financial business and the services it is permitted to offer using the FCA Firm Checker. If contacted unexpectedly, the regulator advises using contact details shown in the checker rather than those supplied by the business. Anyone who believes they have been approached by an unauthorised firm can contact the FCA on 0800 111 6768 or use its contact form.