Permian Trade / permiantrade.com presents itself as a provider of financial services but is listed on the FCA Warning List for operating without authorisation. The FCA warns this firm may be promoting or providing financial services or products without permission and may be targeting people in the UK.
Permian Trade / permiantrade.com is listed as an unauthorised trading firm that offers online trading and investment services. The site promotes accounts and trading products but does not appear on the FCA register as authorised to provide regulated services in the UK. This Permian Trade Review highlights concerns raised by the FCA and by users who report problems.
The FCA has placed Permian Trade / permiantrade.com on its warning list because the firm is not authorised to provide regulated financial services in the UK. Common reasons for listing include promoting investment products without permission, using misleading or false contact information, and targeting UK consumers. The FCA flag is a clear Permian Trade FCA Warning that the firm may pose a risk of fraud or loss. Reports and complaints often describe aggressive sales tactics, promises of high returns with low risk, and barriers to withdrawing funds. The firm’s lack of FSCS and Financial Ombudsman protections increases the danger for UK investors.
Unauthorised firm details Name: Permian Trade / permiantrade.com Some firms may give incorrect contact details including postal addresses, telephone numbers and email addresses. They may change these contact details over time. They may also give you details that belong to another business or individual, so the information looks genuine. What this means for you If you deal with this firm, you won’t have access to the Financial Ombudsman Service if you want to complain. You also won’t be protected by the Financial Services Compensation Scheme (FSCS) if things go wrong. This means it’s unlikely you’d get your money back if the firm goes out of business. If you sent money to a fraudster on or after 7 October 2024, you may be covered by protections introduced by the Payment Systems Regulator (PSR). Find out what to do if you’ve been tricked into making a payment to a scam account.
Unauthorized This firm may be providing or promoting financial services or products without our permission. You should avoid dealing with this firm and beware of scams. Almost all firms and individuals must be authorised or registered by us to carry out or promote financial services in the UK. This firm is not authorised by us and may be targeting people in the UK. Search our Warning List for other unauthorised firms and individuals we’re aware of. Unauthorised firm details Name: Permian Trade / permiantrade.com Some firms may give incorrect contact details including postal addresses, telephone numbers and email addresses. They may change these contact details over time. They may also give you details that belong to another business or individual, so the information looks genuine. What this means for you If you deal with this firm, you won’t have access to the Financial Ombudsman Service if you want to complain. You also won’t be protected by the Financial Services Compensation Scheme (FSCS) if things go wrong. This means it’s unlikely you’d get your money back if the firm goes out of business. If you sent money to a fraudster on or after 7 October 2024, you may be covered by protections introduced by the Payment Systems Regulator (PSR). Find out what to do if you’ve been tricked into making a payment to a scam account.
You should only deal with financial firms that are authorised by us. If a financial firm is authorised by us, it gives you greater protection if things go wrong. You can use the FCA Firm Checker to make sure a financial firm is authorised by us and has our permission to provide the services you’re looking for. You’ll also be able to find: information on how you’re protected; contact details for authorised firms. If you’re contacted unexpectedly by a financial business, make sure you reply using the contact details on the Firm Checker. Find out more about how to protect yourself from scams. Report an unauthorised firm If you think you’ve been approached by an unauthorised firm, call us on 0800 111 6768, or use our contact form. Stay informed by subscribing to our website, follow updates about scam brokers, check reviews regularly, and always verify licenses before investing.
Permian Trade / permiantrade.com is a scam broker and you should not trust this broker. The FCA listing makes clear this firm is not authorised to provide financial services in the UK and may be targeting UK consumers; avoid dealing with them and do not send money. This review of Permian Trade / permiantrade.com in 2025 highlights the risks of losing access to the Financial Ombudsman Service and FSCS protections, and warns that contact details provided by the firm may be false or misleading.
