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Finlto (finalto.co) Scam: A Clone of Finalto

Savun Law & Consultancy · Updated 31 October 2026

Finlto (finalto.co) Scam: A Clone of Finalto

Finlto is a clone scheme that opens forex accounts through the domain finalto.co while copying the name and identity details of a licensed broker based in London. The UK Financial Conduct Authority (FCA) issued a "clone firm" warning about this scheme on 31 July 2026; the fact that the warning lists a Türkiye phone number indicates that Turkish investors are the target group.

In short: Finlto (finalto.co) is not authorised in Türkiye by the Capital Markets Board (SPK). The scheme wins trust with a name close to that of a real institution and then has accounts opened. Claiming back money sent to clone sites of this kind through legal channels is possible.
What this article covers

🔍 Contact Details in the FCA Warning

  • Name used: Finlto
  • Domain: finalto.co (differs from the real institution's domain only in its extension)
  • Phone: +90 553 348 54 87
  • Current status: The domain registration has lapsed as of October 2026 and the site does not respond; the scheme may return under a new extension.

⚖️ Relationship with the Real Finalto

The institution being imitated is Finalto Financial Services Limited, based in London, and it has no connection with this clone scheme. The institution's foreign licence is not valid for investment services in Türkiye; the crypto and forex scheme named FinaltoTR that we covered earlier is also a separate record from the finalto.co clone discussed here.

🔗 Other Platforms Using the Same Method

We have examined clone sites copying the names of licensed institutions before.

🧭 The Process for Clone-Site Victims

Unauthorised capital markets activity is a crime under Article 109 of Capital Markets Law No. 6362; SPK Board Decision No. 8/297 of 24 February 2017 treats brokering foreign leveraged trading as unauthorised activity.

  1. Identifying the clone brokerage site
  2. The criminal investigation process

For detailed information and legal support, you can contact Savun Law & Consultancy.

❓ Frequently Asked Questions

Are Finlto and Finalto Financial Services the same company?

No. The FCA has listed Finlto as a clone of Finalto Financial Services Limited; the real institution has no connection with this scheme.

Who does the number +90 553 348 54 87 belong to?

This number appears in the FCA warning as the contact line of the Finlto clone.

If finalto.co has closed, has the scheme ended?

Clone schemes usually continue by changing the domain; a closed site does not erase the trail of the money that was sent.

I sent money to Finlto. What should I do?

For detailed information and legal support, you can contact Savun Law & Consultancy.

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This page is an English adaptation of our Turkish article Finlto (finalto.co) – Finalto Klonu Forex Dolandırıcılığı.

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