Please be aware that fraudsters may pretend to be part of Interactive Brokers. These "Clone Firms Scams" involve fraudsters who hold themselves out as employees of regulated firms to give the impression they work for a genuine authorised firm.
This fraudulent activity may involve multiple scamming techniques, aimed at convincing consumers that they are dealing with a trustworthy financial institution. Often this involves using authorised firms’ logos, adopting names that resemble those of actual regulated entities, or even using the name and address of authorised persons of the real firm.
Consumers should be particularly wary of people cold calling them, marketing emails from emails that don’t use the firm’s real domain name (for IB, interactivebrokers.com or interactivebrokers.co.uk) , and interactions through social media platforms.
Clone firms often refer to great returns on different investments or offer access to loans or investment/bank accounts for an advance fee.
REMEMBER: If it is too good to be true, it probably is!
If you are offered financial services or products by a firm, you should always take the following steps:
If you are contacted by someone claiming to work for IBKR, please note:
An example of individuals operating as Clone Firms of IBKR is provided at the link below: