Palm Forex Limited

Reference number: 705325

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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 16 November 2018.

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

    palmforex.co.uk

  • Last known phone number

    020 8572 2722

  • Last known address

    59 High Street, Hounslow, TW3 1RB, United Kingdom

Company details

From the company's Companies House record.

Concerns on the company record

  • Companies House records this company as dissolved.
Company number
09562607
Company status
Dissolved
Company type
Private limited company
Incorporated
27 April 2015 (11 years old)
Registered office
129 Unthank Road, Norwich, NR2 2PE, England
Nature of business
  • Financial intermediation not elsewhere classified (SIC 64999)

Current directors and secretaries

Name Role Born Appointed
Ahmed Malik Rizwan Director Jan 1990 1 May 2021

Check on the FCA register → Report a scam →

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 Palm Forex Limited FCA authorised?
No. Palm Forex Limited (FRN 705325) is still listed on the FCA register, but the record is closed: no longer authorised.
Is my money safe with Palm Forex?
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 Palm Forex has no cover, because it is no longer permitted to carry it out.
Is Palm Forex a scam or clone?
Palm Forex is not currently authorised by the FCA. Be cautious and verify any firm on the FCA register before dealing with it.
What is Palm Forex's Firm Reference Number (FRN)?
Palm Forex's FRN is 705325. You can verify it on the FCA register.