The UK Financial Conduct Authority (FCA) has issued a warning about Apex Trade Vault, stating that the firm is not authorised by the regulator and may be targeting people in the United Kingdom. The notice indicates that Apex Trade Vault may be providing or promoting financial services or products in the UK without the necessary FCA permission.
According to the FCA, almost all firms and individuals must be authorised or registered by the regulator to carry out or promote financial services within the UK. The warning emphasises that Apex Trade Vault does not hold such authorisation, raising concerns for consumers who may be considering using its services.
The unauthorised firm is identified as Apex Trade Vault, with a listed address at 11 Grace Avenue, STE108, Great Neck, New York, United States of America, 11021. The contact details published in the warning include a telephone number, 7027064466, an email address, [email protected], and a website, www.apextradevault.com.
Regulatory protections not available
The FCA highlights that individuals who choose to deal with Apex Trade Vault will not have access to key UK regulatory protections. If customers wish to make a complaint about the firm, they will not be able to refer their case to the Financial Ombudsman Service.
In addition, customers will not be protected by the Financial Services Compensation Scheme (FSCS) if something goes wrong. The FCA notes that this lack of FSCS cover means it is unlikely that clients would get their money back if the firm were to go out of business.
Implications for UK consumers
The warning serves as a reminder that UK consumers should check whether a firm is authorised or registered by the FCA before engaging with any financial services provider. The absence of FCA authorisation for Apex Trade Vault indicates that it is operating outside the UK’s regulatory framework while potentially targeting people in the UK.
The notice concerning Apex Trade Vault was published on 19/05/2026 and underscores the FCA’s ongoing efforts to alert the public to unauthorised firms. The information aims to help consumers make informed decisions and understand the risks of dealing with firms that do not have FCA permission.
