The Financial Conduct Authority (FCA) has issued a warning against StakingFarm (stakingfarm.com). The warning indicates that the firm may be offering or promoting financial services or products in the UK without proper authorization. The warning advises consumers to avoid dealing with this firm due to the potential risk of scams.

StakingFarm operates under 128 City Road, London, UK, EC1V 2NX, and uses the email info@stakingfarm.com. The website stakingfarm.com appears to target individuals in the UK, although it lacks the necessary authorization from the FCA to offer or promote financial services in the region legally.

This lack of authorization is significant because the FCA regulates and oversees financial firms operating in the UK, ensuring they adhere to strict standards that protect consumers. Without this authorization, StakingFarm may pose a considerable risk, as there are no guarantees that the firm’s services are legitimate or safe.

The FCA’s warning reminds us to always check a financial firm’s authorization status before engaging with them, particularly when it comes to investments or financial services that could result in significant financial loss.