Insurance Companies

ignitemotorinsurance.uk (Clone of FCA authorised firm)

1.5 (11 reviews)
🇬🇧 United Kingdom
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1.5
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About ignitemotorinsurance.uk (Clone of FCA authorised firm)

ignitemotorinsurance.uk (Clone of FCA authorised firm) has been flagged by Financial Conduct Authority for "Unregistered/Unlicensed entity offering financial products or services|Regist...". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.

Customer Reviews

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Lost trust after my experience

K
Karen E.
1 weeks ago

The hidden fees at ignitemotorinsurance.uk (Clone of FCA authorised firm) are the real scandal here. What they advertise and what they actually charge are two different things. By the time I realized how much I was paying in various fees and spreads, I had already lost a meaningful amount.

Pros: Dedicated account manager|Regular updates|Multi-currency support

Cons: Live chat only during business hours

Forced to accept new fees

D
Diana H.
1 months ago

The spread at ignitemotorinsurance.uk (Clone of FCA authorised firm) is not what they advertise. During volatile markets it widens so much that you lose before the trade even starts. I found them after comparing multiple platforms and initially thought the platform was good - until I started trading seriously.

Pros: No hidden fees|Intuitive for beginners|Professional team

Cons: No dark mode on mobile

Withdrawal rejected 3 times

H
Harry E.
1 months ago

I lost a significant amount because ignitemotorinsurance.uk (Clone of FCA authorised firm) did not execute my stop loss during a flash crash. They said the market was illiquid. Other brokers managed to execute. I have no proof they did not trade against me. Avoid.

Pros: Comprehensive tools|Multi-device support|Dividend tracking|Automated trading options

Cons: No dark mode on mobile|Minor UI glitches occasionally

Stop loss not honored

R
Ryan F.
2 months ago

I gave ignitemotorinsurance.uk (Clone of FCA authorised firm) a fair chance. After for the past year and a half of usage, I can say with confidence that there are far better options available. The interface is clunky, the fees are higher than competitors, and the customer support team seems overwhelmed or understaffed.

Pros: Competitive fees|Stable platform

Cons: Limited cryptocurrency options|No crypto staking

Inactive account fee with no warning

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Oliver X.
2 months ago

ignitemotorinsurance.uk (Clone of FCA authorised firm) has the worst mobile app I have ever used for investing. It crashes constantly, features that work on desktop are missing entirely, and the security implementation is questionable at best. How they released this app is beyond me.

Pros: Comprehensive tools|Tax reports included

Cons: No crypto staking|Search feature is basic

They blocked me after I invested

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Kevin W.
2 months ago

I invested $2,000 with ignitemotorinsurance.uk (Clone of FCA authorised firm) after seeing their professional-looking website. At first, everything seemed fine - they showed me impressive returns on my dashboard. But when I tried to withdraw, they kept making excuses. First it was "processing time," then "verification needed," then "you need to pay a tax fee first." I never got my money back. I have since reported them to Financial Conduct Authority.

Cons: Lost entire investment|Reported to authorities|Unresponsive

Proceed with extreme caution

L
Laura M.
7 months ago

Several red flags with ignitemotorinsurance.uk (Clone of FCA authorised firm): (1) They promise unrealistically high returns, (2) They're not registered with Financial Conduct Authority, (3) Their contact information is vague, (4) They pressure you to deposit quickly. I recommend everyone do thorough due diligence before investing with any company.

Cons: Listed in warning databases|No transparency|Pressure to invest quickly

Would give negative stars if possible

B
Brooke V.
7 months ago

What really bothers me about ignitemotorinsurance.uk (Clone of FCA authorised firm) is the disconnect between their marketing and reality. They position themselves as a premium service but deliver a below-average experience. Found them after a family member had a good experience and I fell for the polished exterior. Never again.

Pros: Segregated accounts|Multi-currency support|Multiple order types

Cons: Limited cryptocurrency options|Spreads widen during volatile periods

Slippage ate my profits

W
William K.
10 months ago

Do not be fooled by the professional-looking website. Behind the scenes, ignitemotorinsurance.uk (Clone of FCA authorised firm) is disorganized and incompetent. I found them through word of mouth in my investment club and I can only assume the positive reviews are either outdated or paid for because my experience was terrible.

Pros: API access|Full transparency|Responsive team

Cons: Inactivity fee applies after 12 months|Spreads widen during volatile periods

Fraudulent fee structure

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Patrick Y.
11 months ago

I wanted to transfer my portfolio from another broker to ignitemotorinsurance.uk (Clone of FCA authorised firm). They said they do not accept in-kind transfers for my asset type. I had to sell, withdraw, deposit, and rebuy - incurring taxes and spread costs. They did not tell me this before I signed up.

Pros: Dedicated account manager|Wide product range|Clean UI|Market news feed

Cons: Withdrawal takes 1-2 business days|No live chat on mobile