William Albert Securities

[Bresi17]

William Albert Securities are they any good?

 

[pboyles]

William Albert Securities are they any good?

What dealings have you had with them? Did they cold call you?

 

[ns1000]

Don't go near them.
Pretty much the whole firm worked at First Trade UK, which was closed down by the FSA last year. If they were Directors of one rip off firm, you can be pretty sure they haven't changed their spots.

Don't go near them - just another rip off waiting to happen.

 

[pboyles]

Don't go near them.
Pretty much the whole firm worked at First Trade UK, which was closed down by the FSA last year. If they were Directors of one rip off firm, you can be pretty sure they haven't changed their spots.

Don't go near them - just another rip off waiting to happen.

I suspected something might not be right, usually when we see a post like the first one it turns out to be a boiler room scam, however this firm is FSA registered hence my question. What happened at First Trade, I dont think I've heard of them?

 

[Bresi17]

A mate was called about a job with them. I'll tell him about this cheers

 

[Winterade]

I have dealt with William Albert Securities for last two years, and so far have not had any problems.

 

[Winterade]

Don't go near them.
Pretty much the whole firm worked at First Trade UK, which was closed down by the FSA last year. If they were Directors of one rip off firm, you can be pretty sure they haven't changed their spots.

Don't go near them - just another rip off waiting to happen.

I have dealt with First Trade UK, they closed down because one of their appointed representatives went into liquidation. The firm was very open and fair with its clients.

 

[pboyles]

One of the things that normally identifies a company as a scam is someone with one or two posts coming onto the thread and saying how great they are. I'm not saying this is a scam but with the earlier warning and these recent posts anyone thinking about 'investing' should do a lot of background checking.

So Winterade you invested with First Trade and they went bust but you then got involved with the same people again? Is that what you are saying?

 

[pboyles]

I have dealt with First Trade UK, they closed down because one of their appointed representatives went into liquidation. The firm was very open and fair with its clients.

Really, are you sure it wasnt because the FSA withdrew their authorisation due to the fact that they couldnt meet compensation payments awarded against them by the Ombudsman?

http://www.fsa.gov.uk/pubs/final/first_trade.pdf