Effective FX Limited

Reference number: 590535

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No longer authorised

This firm is still listed on the FCA register, but the record is closed. Cover on business done while it was authorised generally still applies, and it cannot take on new regulated business. Authorisation ended 1 March 2019.

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.

  • Last known website

    effectivefx.co.uk

  • Last known phone number

    020 7464 4104

  • Last known address

    1 Royal Exchange Avenue, London, EC3V 3LT, United Kingdom

Also trades as
  • EFX

Company details

From the company's Companies House record.

Concerns on the company record

  • Accounts are overdue at Companies House.
Company name
EFFECTIVE SOLUTIONS CONSULTANCY LIMITED
Company number
08167620
Company status
Active
Company type
Private limited company
Incorporated
3 August 2012 (14 years old)
Registered office
3rd Floor 114a Cromwell Road, London, SW7 4AG, England
Nature of business
  • Activities auxiliary to financial intermediation not elsewhere classified (SIC 66190)

Current directors and secretaries

Name Role Born Appointed
Amir Mehrad Director Feb 1988 1 Sep 2012
Callahan Mehrad Director Apr 1988 7 Oct 2022

Activities and protection

What the record covers, and how you are protected

  • The record is closed
    Cover you already have generally survives the cancellation: FSCS exists for firms that have failed, and the Financial Ombudsman Service can look at a complaint about a firm that has stopped trading, as long as the business was done while it was authorised. New business with this firm has no cover at all, because it is no longer permitted to carry it out.

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 Effective FX Limited FCA authorised?
No. Effective FX Limited (FRN 590535) is still listed on the FCA register, but the record is closed: no longer authorised.
Is my money safe with Effective FX?
Money you handed over while it was authorised generally keeps its protection: FSCS covers firms that have failed, and the Financial Ombudsman Service can look at a complaint about a firm that has stopped trading. New business with Effective FX has no cover, because it is no longer permitted to carry it out.
Is Effective FX a scam or clone?
Effective FX is not currently authorised by the FCA. Be cautious and verify any firm on the FCA register before dealing with it.
What is Effective FX's Firm Reference Number (FRN)?
Effective FX's FRN is 590535. You can verify it on the FCA register.