The UK Financial Conduct Authority (FCA) has published a warning about TheAceTradingEarner, stating that the firm may be providing or promoting financial services or products without the regulator's permission. The notice was first published on 28 April 2026 and last updated on the same date.
According to the FCA, TheAceTradingEarner is not authorised by the regulator and may be targeting people in the United Kingdom. The details released identify the firm as operating under the name "TheAceTradingEarner" with an address at Charlotte Square, Newcastle, United Kingdom.
The FCA states that consumers should avoid dealing with this firm and be aware of the risk of scams. As an unauthorised firm, TheAceTradingEarner does not have permission from the FCA to provide or promote financial services or products in the UK.
Regulatory protections and potential risks
The FCA highlights that individuals who deal with TheAceTradingEarner will not have access to the Financial Ombudsman Service if they wish to make a complaint. In addition, they will not be protected by the Financial Services Compensation Scheme (FSCS) if things go wrong, including if the firm goes out of business. The regulator notes that this makes it unlikely that affected consumers would get their money back in such circumstances.
The warning further notes that consumers who sent money to a fraudster on or after 7 October 2024 may be covered by protections introduced by the Payment Systems Regulator (PSR). No additional details on these protections are provided in the notice.
FCA guidance for consumers
The FCA advises that consumers should only deal with financial firms that are authorised by the regulator. The notice refers to the FCA Firm Checker as a tool that can be used to confirm whether a financial firm is authorised and has permission to provide the services being sought.
For those who believe they have been approached by an unauthorised firm, the FCA directs them to contact the regulator by calling 0800 111 6768 or by using its contact form. The warning emphasises the importance of verifying a firm's regulatory status before engaging with any financial services or products.
