ETA Ltd Review

About ETA Ltd

ETA Ltd operates without any recognised financial regulation and is identified by the UK Financial Conduct Authority (FCA) as a clone firm. The FCA warning indicates that fraudsters copying the details of genuine authorised firms are using names such as “ETA Ltd,” addresses like “68 High Street, Weybridge, Surrey, KT13 8BL,” phone numbers, email addresses, and websites including www.etaltd.io and www.etalimited.org to deceive customers into believing they are dealing with a legitimate regulated entity. The genuine firm they mimic is “TWOTHREEBIRD UK LIMITED,” FRN 313965, located at “Unit 21 Fulham Broadway Centre, Fulham Road, London, SW6 1BW,” with website www.eta.co.uk. The FCA emphasises that any dealings with ETA Ltd would mean clients lack access to both the Financial Ombudsman Service and the Financial Services Compensation Scheme (FSCS). 

The broker is also flagged as unauthorised by Italy’s CONSOB. In addition, ETA Ltd has been associated with other scam operations such as Global Morgan and CommerceWealth, with connections to so‑called “boiler room” practices; references in documents to Estonian law and St. Vincent and the Grenadines are present, and German regulator BaFin has recognised overlapping contacts with former investors of CommerceWealth. 

Pros and cons

Pros

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Cons

• Confirmed as clone firm by the FCA and unauthorised by Italian CONSOB, with no valid licences or regulatory oversight.
• Operates without client protection schemes and lacks transparency—no regulation means investors aren't eligible for dispute resolution or compensation mechanisms like FSCS.
• Connections to known scam operations (Global Morgan, CommerceWealth), including boiler‑room approaches, increase risk of fraud.