The Financial Conduct Authority (FCA) has issued a warning that Knight Pips is not authorised to provide or promote financial services in the United Kingdom. The regulator states that the firm may be targeting people in the UK without having the necessary permission to carry out regulated activities.
According to the notice, Knight Pips may be providing or promoting financial services or products without FCA authorisation. Almost all firms and individuals offering or marketing financial services in the UK must be authorised or registered by the FCA. Operating without such authorisation can expose consumers to higher risk, as they are not covered by standard UK regulatory protections.
The details published for the unauthorised firm include the name Knight Pips, a mobile number listed as +447441919286 and several contact email addresses: support@knightpips.com, kyc@knightpips.com, diago.ka@knightpips.com and cs@knightpips.com. The firm is associated with the websites knightpips.com and client.knightpips.io.
Lack of access to UK consumer protections
The FCA highlights that anyone dealing with Knight Pips will not have access to the Financial Ombudsman Service if they wish to make a complaint about the firm. The Financial Ombudsman Service normally provides an independent dispute resolution mechanism for consumers in the UK financial services sector.
In addition, customers will not be protected by the Financial Services Compensation Scheme (FSCS) if things go wrong. The FSCS typically offers compensation to eligible customers if authorised financial firms fail. In the case of Knight Pips, the FCA notes that it is unlikely that customers would get their money back if the firm goes out of business, due to the absence of this protection.
Regulatory context and timing
The FCA reiterates that almost all firms and individuals must be authorised or registered by the regulator to carry out or promote financial services in the UK. The warning in relation to Knight Pips underscores the importance of verifying a firm's regulatory status before engaging with any financial services provider.
The notice concerning Knight Pips was published on 19/05/2026. Consumers are urged to be aware of the risks of dealing with unauthorised firms that fall outside the UK's established regulatory protections and complaint mechanisms.
