Tag: FCA regulated brokers

usgfx uk
November 19, 2018 BY LeapRate Staff

Exclusive: Australia Retail FX broker USGFX gets UK FCA license

LeapRate Exclusive... LeapRate has learned that ASIC licensed Australia-based Retail FX brokerage group USGFX has taken a major step toward Europe, setting up a UK subsidiary called Union Standard International Group Limited (we'll call it USGFX UK). The company had applied for and received an FCA license for USGFX UK, which became effective on November 5.…

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ThinkMarkets launches ThinkZero, low-latent algorithmic & automated trading solution
September 21, 2018 BY LeapRate Staff

Exclusive: ThinkMarkets UK revenue and activity flat in 2017

LeapRate Exclusive... After tripling its Revenue in 2016, LeapRate has learned via filings made in the UK and Australia that ThinkMarkets UK had a more reserved year in 2017, with Revenue, Profit and Client Deposit activity basically mirroring that of the previous year. ThinkMarkets UK revenue for 2017 came in at £3.79 million (USD $5 million), versus £3.82…

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CFI london Launched
August 24, 2018 BY LeapRate Staff

CFI opens London office headed by former Fixi CEO Richard Wynn

Credit Financier Invest (CFI) Ltd has announced today the launching of its branch in the UK, after acquiring the necessary regulatory authorisations (which we had reported on in June) and the completion of other preparations. CFI’s offices will be located at 70 Gracechurch Street, London. CFI has chosen to be located in the city’s financial district, recognised globally as a…

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May 14, 2018 BY LeapRate Staff

Exclusive: ActivTrades 2017 Revenues up 16% to £40.4 million, monthly volumes $90 billion

LeapRate Exclusive... LeapRate has learned via regulatory filings that FCA regulated MT4 broker ActivTrades has continued its impressive growth with the company reporting healthy financial metrics for 2017. ActivTrades, which is controlled by Swiss entrepreneur Alex Pusco who still serves as the company’s CEO, saw Revenues grow by 16% in 2017 to £40.4 million (USD $55 million), up…

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April 12, 2018 BY LeapRate Staff

The importance of an FCA license - FXTM's Martin Couper speaks

We had reported back in February that Retail FX and CFDs broker FXTM has received a license from the FCA for a new UK-based subsidiary Forextime UK Limited, and was launching a London-based operation. Why add the FCA license to a broker already licensed in several jurisdictions, including the EU (Cyprus)? We're pleased to present…

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LCG trading floor
March 22, 2018 BY LeapRate Staff

LCG shareholders approve going-private deal, FCA approval pending

Following our exclusive report from earlier this month revealing that FCA regulated Retail FX, CFDs and spreadbetting broker London Capital Group is going to be taken private by CEO Charles-Henri Sabet, the company has announced that a shareholders meeting was held yesterday and that the proposed transaction (see more details below) was approved as planned. The going-private…

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z.com trade capital raise
March 21, 2018 BY LeapRate Staff

Exclusive: Z.com Trade gets £2 million capital injection from parent GMO Financial Holdings

LeapRate Exclusive... LeapRate has learned that Japanese online and FX trading giant GMO Financial Holdings (TYO:7177) has invested an additional £2 million (USD $2.8 million) of capital into its FCA regulated UK subsidiary, GMO-Z.com Trade UK Limited, which operates the Z.com Trade brand. GMO is the world's largest Retail FX broker, mainly based on its leading…

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