The digital landscape of financial trading is often exploited by predatory brands that mimic legitimate investment firms. PS Wealth (pswealth.cc) is currently one of the most high-risk entities operating in this space. Our forensic investigation has revealed that this brand just like MergTrade is not only unregulated but has been explicitly flagged by top-tier financial authorities.
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Below are the critical findings that every investor must review before engaging with this platform.
1. Official Warning from the FCA
The most damning evidence against this platform is the official warning issued by the Financial Conduct Authority (FCA) in the United Kingdom.
- The Alert: The FCA has explicitly listed pswealth.cc, ps-wealth.pro, and pswealth.co as unauthorized firms.
- The Verdict: The regulator states that this firm is providing financial services or products in the UK without permission and warns the public to “beware of scams” when dealing with this entity.
2. Deceptive Identity Theft (Clone Firm Tactics)
A common tactic used by rogue platforms is “cloning”—using a name similar to a formerly regulated company to appear legitimate.
- While there was a firm named “PS Wealth Ltd” previously registered with the FCA, that firm ceased all regulated activities in March 2026 and is no longer authorized.
- Pswealth.cc appears to be leveraging the ghost of this former registration to deceive investors into thinking they are dealing with a licensed UK firm. This is a classic “wolf in sheep’s clothing” strategy.
3. Multiple “Burner” Domains
Legitimate financial institutions invest heavily in a single, stable web presence. In contrast, PS Wealth operates across multiple URLs (pswealth.cc, pswealth.co, ps-wealth.pro).
- This “multi-domain” approach is used by rogue operators so that if one website is taken down by authorities or blacklisted by Google, they can simply redirect their victims to another active link.
4. Lack of Physical and Legal Accountability
Despite claiming a prestigious address at 70 Gracechurch Street, London, there is no evidence that PS Wealth maintains a physical office or a legal corporate structure at this location.
- Virtual Office Masking: Many scam operations use “virtual offices” or shared mailboxes in London’s financial district to build a false sense of geographical trust.
- Anonymous Leadership: There is zero transparency regarding the board of directors or the financial auditors of PS Wealth, making it impossible to hold anyone accountable for lost funds.
5. High-Pressure “Tax” and “Insurance” Scams
Traders who have interacted with PS Wealth often report a similar “exit scam” pattern:
- Once a user requests a withdrawal, the platform demands an upfront payment for “Capital Gains Tax,” “Anti-Money Laundering Insurance,” or “Verification Fees.”
- The Truth: No legitimate broker or government agency requires a trader to pay taxes directly to the broker via a separate deposit. These are simply final attempts to extract more money from the victim before cutting off communication.
Final Verdict: A Proven Rogue Brand
PS Wealth (pswealth.cc) is a confirmed unauthorized entity. With an active warning from the FCA and clear evidence of deceptive cloning tactics, this platform poses a maximum risk to your capital.
Our Recommendation: Do not interact with Pswealth.cc or its affiliated domains.
If you have already shared personal information or deposited funds, we recommend:
- Ceasing all communication with their “account managers.”
- Reporting the incident to Action Fraud (UK) or your local cybercrime authority.
- Contacting your bank immediately to discuss a potential chargeback or to secure your accounts.
Protect your fellow traders by sharing this review. Legitimate wealth management requires transparency, not anonymous websites and regulatory warnings.