Testytrade Brokerage presents itself as a financial brokerage firm offering investment services and provides contact details (address, email and website). It appears on the FCA Warning List because the firm is not authorised by the FCA and may be promoting financial services or products without permission, posing a potential scam risk to UK customers.
The firm is on the FCA warning list because it is not authorised to carry out regulated activities in the UK. Reasons for the warning include: promoting investment services without FCA permission, using contact details that do not match verified records, and reports from customers about suspicious activity. The FCA places firms on the warning list to alert the public about potential scams and to reduce the risk of financial loss for UK consumers. This listing is a red flag: treat any approach from the firm as risky and check official sources before sending money.
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. 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. This Description doubles as a Testytrade Brokerage Review and a Testytrade Brokerage FCA Warning note. For those searching how Testytrade Brokerage scams investors in 2026, pay attention to contact mismatches, pressure to deposit, and promises of guaranteed returns. Also read user experiences with Testytrade Brokerage unauthorised broker to see how complaints and feedback stack up. Real customer testimonials about Testytrade Brokerage scam often mention withdrawal blocks, aggressive follow-ups, and fake verification steps.
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 and 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. Stay informed by subscribing to our website, follow updates about scam brokers, check reviews regularly, and always verify licenses before investing. Practical steps: verify the firm on the FCA register, avoid transferring money to unknown bank accounts, do not share ID or banking details unless you are certain the firm is authorised, and be cautious of promises of quick profits. If pressured to act fast, pause and check official sources. For people asking what to do if Testytrade Brokerage scams, contact your bank, gather evidence and report the case to Action Fraud.
Testytrade Brokerage is a scam broker and you should not trust this broker. Our review of Testytrade Brokerage in 2026 highlights that the firm is not authorised by the FCA and may be targeting UK customers with offers that lack protections. This review warns you: avoid deposits, do not share sensitive documents, and treat any contact as potentially fraudulent. If you see a Testytrade Brokerage FCA Warning or Testytrade Brokerage Scam Alert, take it seriously and report the firm to the FCA and to Action Fraud.
