Our investigation into Palmer Finance found an operation with the classic markings of an investment scam. If you are weighing a deposit — or trying to get one back — read this first.
None found
High (4/4)
Undisclosed
Avoid — do not deposit
Who is Palmer Finance?
Palmer Finance markets itself as an online trading and investment service. Its public site is presented at http://palmerfinancecompany.com/. As with most operations of this kind, the polished front end conceals a lack of the basic protections a real, regulated broker is required to provide.
Is Palmer Finance regulated?
We could find no evidence that Palmer Finance holds a valid licence from any recognised financial regulator. Trading client funds without authorisation is one of the strongest indicators of a scam — there is no regulator to complain to, and no protection for your money.
Red flags we identified
- Account dashboards that show “gains” with no real market exposure
- No credible physical address or verifiable corporate record
- No verifiable licence from a recognised financial regulator
- Withdrawals reportedly blocked behind “taxes,” “fees” or account “upgrades”
- Unrealistic profit claims and pressure to deposit more
Our analysis
On April 20, 2023, the Financial Conduct Authority (FCA) issued a warning against Palmer Finance, believing this broker might be providing financial services or products in the UK without authorization: https://www.fca.org.uk/news/warnings/palmer-finance
Can you recover money lost to Palmer Finance?
If you have deposited with Palmer Finance, do not pay any further “fees” to withdraw — that is part of the trap. Funds sent to operations like this can sometimes be traced on-chain and pursued through the exchanges and processors that received them. Whether recovery is realistic depends on how you paid and how quickly you act.
Were you scammed by Palmer Finance?
You may still have options. Our team can trace where your funds went and tell you honestly whether recovery is realistic — with a free, confidential case review.
Start a free recovery review →Warning: never pay an upfront fee to anyone “guaranteeing” recovery. Cleverecovery does not guarantee outcomes.