With addresses registered in London and Gibraltar, PlusFN is not licensed by the FCA to conduct business in Britain
Read moreFX Week is reporting lack of demand and a recent FCA review into best execution has led FXCM to move away from its principal business since August 30th
Read moreDeutsche Bank AG London Branch (Deutsche) has been fined £4,718,800 by the Financial Conduct Authority (FCA) for incorrectly reporting transactions between November 2007 and April 2013. Deutsche failed to properly report 29,411,494 Equity Swap CFD (contracts for difference) transactions. The failure, which affected all Deutsche’s Equity Swap CFD transaction reports in this period, breaches FCA…
Read moreReuters and the Wall Street Journal are reporting that the UK Competition and Markets Authority (CMA) has become the latest regulator to investigate the global foreign exchange market following allegations of rigging, the Wall Street Journal in particular reported on Tuesday, citing two people familiar with the matter. The antitrust watchdog recently shared information relating…
Read moreThe British stiff upper lip has prevailed in cases brought by the FCA during a three year period. In total contrast to the US authorities' penchant for court cases and restitution payments, most UK firms have settled in advance of decisions rather than contest the FCA
Read moreFraudsters are using the details of firms the FCA authorizes to try to convince people that they work for a genuine, authorized firm. With a number of bogus websites attempting to dupe customers, not only regulators but actual firms are warning too. Yesterday, Alpari issued a public warning to potential investors to clarify no connection…
Read moreWith a number of bogus websites attempting to dupe customers, Alpari issues a public warning to potential investors to clarify no connection between itself and the array of sites.
Read moreBritain's regulatory authority takes an increasingly dim view of tall claims made by financial firms in their advertising material.
Read moreMoves from a white-label MT4 server to an in-house solution...
Read moreThe FCA in an official press release, believes a firm calling itself LevelTrade has been providing financial services or products in the UK without authorisation. They state to be especially wary of dealing with this unauthorised firm and protect yourself from scammers. Any forex firms and individuals offering, promoting or selling financial services or products…
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