Afrotrade Limited

Reference number: 625846

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Authorised by the FCA

This firm is on the FCA register and authorised to carry out regulated activities.

Identity

Check their details

Compare these against whatever you were given. Scammers clone real firm names and reference numbers but use their own phone number and website, so a detail that does not match the register is the clearest warning sign there is.

Also trades as
  • Afrotradegroup
  • More Naira

Company details

From the company's Companies House record.

Company number
06186929
Company status
Active
Company type
Private limited company
Incorporated
27 March 2007 (19 years old)
Registered office
46 Parham Drive, Gants Hill, Ilford, Essex, IG2 6NB
Nature of business
  • Financial intermediation not elsewhere classified (SIC 64999)

Current directors and secretaries

Name Role Born Appointed
Emily Adedunni Esho Director Oct 1976 17 Dec 2007

Check on the FCA register → Report a scam →

Activities and protection

What they can do, and how you are protected

  • Handle payments & transfers Funds safeguarded
    Your money must be kept in a separate safeguarded account. If the firm fails, all safeguarded funds should be returned to you. With no upper limit, unlike the capped amounts under FSCS. Safeguarding works differently from FSCS, but protects your full balance when the rules are followed correctly.

    How safeguarding works →

  • Lend or arrange credit No FSCS cover
    Consumer credit is not covered by the FSCS, so there is no compensation scheme if the firm fails.
Show FCA detail (2 permissions)
  • 6. Money remittance.
  • Credit Broking

Limits on what they may do

  • PSD Only
    The firm may only carry out payment service activities.

Complaints: You can refer a complaint about this firm to the Financial Ombudsman Service for free, whichever activity it relates to.

Track record

FCA actions and complaints

No FCA disciplinary action, and no complaints recorded with the Ombudsman.

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Common questions

Frequently asked questions

Is Afrotrade Limited FCA authorised?
Yes, Afrotrade Limited (FRN 625846) is authorised by the FCA to carry out regulated activities.
Is my money safe with Afrotrade?
It depends on the product, but payment and e-money balances should be safeguarded in a separate account, with no upper limit on the protected amount. You can also refer complaints about Afrotrade to the Financial Ombudsman Service, free of charge.
Is Afrotrade a scam or clone?
Afrotrade is a genuine FCA-listed firm. However, scammers sometimes clone authorised firms. Always check that the contact details you were given match those on the FCA register before sending money or sharing information.
What is Afrotrade's Firm Reference Number (FRN)?
Afrotrade's FRN is 625846. You can verify it on the FCA register.