H2o Markets Limited was a financial advice firm based in London, that advised people on their investments.
Now, however, it is in liquidation, and was found at fault by the Financial Ombudsman over its conduct regarding CFD investments.
One of H2o Market’s appointed representatives, Thames Capital Markets Ltd, is also no-longer authorised by the financial services watchdog.
H20 markets has also now been declared in default by the FSCS, meaning that the Financial Services Compensation Scheme will now consider claims against the advice of H2o Markets Limited.
WHAT ARE CFDS?
Contracts for Difference are a high risk investment, which uses investor money to effectively place “bets” on shares within the stock markets, rather than investing in them directly. It is possible to lose more money than was originally invested through CFDs.
If you dealt with either H2O Markets or Thames Capital Markets, then our claims handlers will give you a free initial assessment of the advice you received to see if you can make a claim.