Global Markets Ltd

What Is This Scam?

Global Markets Ltd is a clone firm scam that has been formally flagged by the Financial Conduct Authority (FCA), the UK's financial regulator. Clone firm scams involve fraudsters copying the identity, branding, and credentials of genuine FCA-authorised companies to trick consumers into believing they are dealing with a legitimate, regulated business. The scam operates via the website globalmarketsltd.org and is designed to solicit investments, personal financial information, or direct payments from unsuspecting victims. Once funds are transferred or details are handed over, fraudsters typically disappear, leaving victims with little recourse for recovery.

Who Are They Impersonating?

This operation is cloning a legitimate firm that holds authorisation from the Financial Conduct Authority. By appropriating the name, licence details, and professional appearance of a genuine FCA-regulated entity, the fraudsters aim to bypass consumer scepticism. Victims who attempt to verify the firm's credentials may find matching licence numbers or company names in official registries, which is precisely what makes clone firm fraud so effective and so dangerous. Always verify directly with the FCA's Financial Services Register using the exact contact details listed there — never those provided by the firm contacting you.

Domain Information

The domain used by this scam, globalmarketsltd.org, was registered on 5 February 2025 through the registrar PDR Ltd. d/b/a PublicDomainRegistry.com, making it approximately 1.1 years old at the time of this alert. A domain under two years old is a significant red flag when associated with a firm claiming to be an established, regulated financial services provider. Genuine, long-standing financial institutions do not typically operate from recently created websites. The use of a generic, low-cost domain registrar is also consistent with patterns seen in fraudulent financial websites, which are frequently set up quickly and abandoned once victims raise complaints or regulators intervene.

Red Flags

• The website globalmarketsltd.org was registered in early 2025, making it less than two years old — inconsistent with a reputable, established financial firm.
• The FCA has issued a formal warning identifying this as a clone of an FCA-authorised firm.
• Clone firm fraud specifically targets consumers who check for regulatory credentials, making it harder to detect than typical investment scams.
• The domain was registered through a low-cost, generic registrar commonly associated with disposable fraudulent websites.
• There are no verifiable, independently confirmed contact details linking this website to a genuine regulated business.

What To Do If You Have Been Contacted

If you have been approached by anyone representing Global Markets Ltd through the website globalmarketsltd.org or any associated communications, do not transfer any money or share personal financial information. Report the contact immediately to the FCA using the details on the official FCA website at fca.org.uk. You should also report the scam to Action Fraud, the UK's national fraud reporting centre, by calling 0300 123 2040 or visiting actionfraud.police.uk. If you have already sent money, contact your bank or payment provider as soon as possible to report the transaction and request a recall. Keep records of all communications, including emails, phone numbers, and any documents provided by the fraudsters, as these may assist investigators.