CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
FXTM is excited to announce that we have been granted a licence with the UK’s Financial Conduct Authority (FCA), and will be ready to operate in the coming weeks under FCA licence no. 777911.
Martin Couper, Director of Forextime UK Limited, says. “In an environment where regulators are putting compliance and client communications in financial services under the spotlight, we are extremely proud to have met the high standards required by the FCA.”
The FXTM brand is authorised and regulated by a number of regulators, including CySEC in the EU and the FSB in South Africa. The FCA licence awarded to Forextime UK Limited, will complement the brand’s existing licences and allow us to service a broader market, as well as honour our commitment to being fully localised in key financial regions.
As a brand, FXTM has documented exceptional growth in the last year; our client base grew by 77% year on year and active clients grew by 64% in the same period. This growth can be attributed to our client centric approach and exceptional customer service and our positive reputation as market leaders in the forex industry.
We look forward to providing UK traders with the same exceptional standard of service and trader education as our existing global clients. We are pleased that this licence will give our traders the peace of mind that comes with knowing that they are dealing with a fully compliant and internationally regulated broker.