First Trade Europe (clone firm)

Fraudsters are using the details of firms we authorise to try to convince people that they work for a genuine, authorised firm. Find out more about this ‘clone 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:

Boiler Room Name: First Trade Europe (Clone of previously FCA EEA Authorised Firm)

Address (UK): Cambourne Business Park, Cambourne Road, Cambridge CB23 6DW
Address (Hong Kong): 7th Floor, International Commercial Centre, 1 Austin Road West, Kowloon, Hong Kong
Tel: 01223 851367, +852 5808 3420
Fax: 01223 851368
Email: [email protected], [email protected], [email protected]
Website: www.fteuk.com

Be aware that the scammers may give out other false details or mix these with some correct details of the authorised firm.

Previously EEA Authorised Firm Details

This previously EEA Authorised Firm that fraudsters are claiming to work for has no association with the ‘clone firm’:

Firm name: First Trade Europe GmbH
FCA Firm reference number:
223649 (no longer authorised)
Firm is no longer authorised or regulated by Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin), Germany.

Report a clone firm

If you think you have been approached by an unauthorised or clone firm, or contacted about a scam, you should contact our Consumer Helpline on 0800 111 6768. If you were offered, bought or sold shares, you can use our share fraud reporting form.

You can see more ways to report an unauthorised firm and find out what to do if you have been scammed.

What to do if your firm is cloned

If you think your authorised firm has been cloned or scammers are fraudulently using your name or other details, contact our Firm Helpline on 0845 606 9966 (call rates may vary).