IronFX Global UK Ltd was granted yesterday September 26th, 2014 with the Variation of Permission from the UK Financial Conduct Authority (FCA) to increase the scope of its current licence. The Variation of Permission will allow IronFX Global UK to deal as principle and agent in investments as well as to hold client funds. With this new permission, the company will be able to deal in all financial instruments and accept retail, professional and eligible counter-parties as clients.
The IronFX statement went as follows:
IronFX Global UK Ltd was today granted with an enhanced Financial Conduct Authority (FCA) licence. The enhanced permission will allow IronFX Global UK to deal as principle and agent in investments as well as to hold client funds. With this new variation of licence, the company will be able to deal in all financial instruments and accept retail, professional and eligible counterparties as clients.
Markos A. Kashiouris, Chairman & CEO of IronFX Global commented: “We are delighted with the decision of the FCA to grant us with the Variation of Permission and to extend the scope of our current license. With this new permission, we can extend a greater range of services to our valued clientele within the secure and regulated environment offered by IronFX. This new permission also enforces our goal to offer the highest protection to all of our clients by being authorized and regulated by the most reputable financial regulators in the world.”