Introduction to this section

Through its service over the years, allFX-Consult saw a need for a more educated industry, relative to the solutions/options an investor has when deciding on how to move forward.

The aim of this section is to provide information to investors looking into EU/Offshore options to Start a Forex Brokerage or expand their current operations. Although in some regions we include broker information (trading conditions, leverage), it is not intended to be used by a forex trader as an investment advice or to compare and evidently open an account with one of our listed brokers.

Last update: December 2019

UK Forex License

Economy of the UK
Main indicators
IndicatorValue
GDP$2825.21 billion
Inflation rate1.5%
External DebtGBP 6692718 million
Interest Rate0.75%
Deposit Interest Rate0.5%
Corporate Tax Rate19%
Population66.19 million
Per capita incomeas of Dec 2018- £42,986
Unemployment Rate3.8%
Corruption Rank11

RSS Latest economy information

UK Forex License
Case in point
Average Cost for license
Over €20,000
Office requirements
Yes

Employees required

Yes

Capital Requirements
$125,000-$730,000
Regular reporting
Yes

Publicly Recorded Info
Yes
EU Tied Agent - a closer look
Overview of an offshore forex license
List of brokers
currently regulated in the UK
#Company Legal NameWebsite URLFoundedType*Other Licenses
1Abshire-Smith-Global Ltdhttp://www.abshire-smith.com/2011Authorised-
2ActivTrades PLChttp://www.activtrades.com/2001AuthorisedSCB
3Admiral Markets UK Ltdhttps://admiralmarkets.com/2001AuthorisedASIC, CySEC
4ADS Securities London Limitedhttps://www.adss.com/en-gb/2011AuthorisedSFC
2AETOS Capital Group (UK) Limitedhttps://www.aetoscg.com/uk2007AuthorisedASIC
5AT Global Markets (UK) Limitedwww.atfx.com/uk2015AuthorisedCySEC
6AVA Trade EU Limitedhttps://www.avatrade.com.au/2006EEAASIC, CBI, JFSA, BVI, FSCA
7AxiCorp Limitedhttps://www.axitrader.com/uk2007AuthorisedASIC
8Blackwell Global Investments (UK) Limitedhttps://www.blackwellglobal.com/2010AuthorisedSFC (HK), SEC Cambodia - Blackwell
Global Investment(Cambodia) Co. Ltd
9Bulbrokers EADhttp://bulbrokers.com/en/2000EEABFSC
10C B Financial Services Ltdhttps://www.onefinancialmarkets.com/2007AuthorisedFSCA
11Capital Index (UK) Limitedhttps://www.capitalindex.com/2014AuthorisedSCB, ASIC (Sirius Financial Markets Pty Ltd
12CFH Clearing Ltdhttp://www.cfhclearing.com/2008Authorised-
13City Credit Capital (UK) Ltdhttps://www.cccapital.co.uk/2001Authorised-
14Citypoint Trading Limited (“CTL”)https://www.cptmarkets.co.uk/2008AuthorisedIFSC (Belize)
15CMC Markets UK plchttps://www.cmcmarkets.com/en-gb/1989Authorised-
16Delta Financial Markets Limitedhttps://www.dfmarkets.co.uk/2012Authorised-
17Deltastock ADhttps://www.deltastock.com/1988EEABFSC
18Depaho Ltdwww.gtcm.com
www.fxgm.com
www.tradeapp.com		2011EEACySEC
11eToro UK  Ltdhttps://www.etoro.com/2007AuthorisedCySEC, FCA, IFSC
19Foreign Currency Innovations Ltdhttps://fci-markets.co.uk/home2010Authorised-
20Forex Capital Markets Limitedhttps://www.fxcm.com/uk/1999AuthorisedASIC, FSCA
21Forextime UK Limitedhttps://www.forextime.com/uk2011AuthorisedCySEC, FSCA
FSC (Mauritius)
22Formax Prime Capital (UK) Limitedhttp://www.formaxprime.co.uk2014Authorised-
23FX Central Clearing Ltdhttps://www.fxcc.com/eu/2010EEACySEC
24FXNet Ltdwww.fxnet.com/eu2012EEACySEC, IFSC
25FXOpen Ltdhttps://www.fxopen.co.uk/2012AuthorisedASIC, Nevis
26FxPro UK Limitedhttps://www.fxpro.com/2006AuthorisedCySEC, FSCA, DFSA, SCB
27FxStat Ltdhttp://www.onetrade.com/
https://www.fxstat.com/		2010Authorised-
28GAIN Capital Holdings Inchttps://www.gaincapital.com/1999AuthorisedCFTC, NFA, IIRO,
ASIC, JFSA, MAS, CIMA
29GAIN Capital UK Limitedhttps://www.cityindex.co.uk/1999AuthorisedCFTC, NFA, IIRO,
ASIC, JFSA, MAS, CIMA
30GAIN Capital UK Limitedhttps://www.forex.com/en-uk/1999AuthorisedCFTC, NFA, IIRO,
ASIC, JFSA, MAS, CIMA
31GKFX Financial Services Limitedhttps://www.gkpro.com/2010AuthorisedMFSA (AKFX), FSA-SVG(DKTrade)
BVI (GKFXPrime), SECC(GKFX Cambodia),
BAPPEBTI(Global Kapital Investama Berjangka)
32Hantec Markets Limitedhttps://www.hantecfx.com/1990AuthorisedASIC, JFSA
33Henyep Capital Markets (UK) Limitedhttps://www.hycm.co.uk1977AuthorisedCySEC, CIMA, DFSA
34Hirose Financial UK Ltdhttps://hiroseuk.com/2004AuthorisedLFSA
35House of Borse Limitedhttps://www.houseofborse.com/2012Authorised-
36ICAP Securities Limitedwww.icap.com1951Authorised-
37ICM Capital Limitedhttps://www.icmcapital.co.uk/2009AuthorisedFSA (SVG), CySEC,
FSC, LFSA
38IG Markets Ltdhttps://www.ig.com/uk1974AuthorisedCFTC, JFSA, MAS, FSCA
FINMA, ASIC, CySEC
39Interactive Brokers (U.K.) Limitedhttps://www.interactivebrokers.co.uk1978AuthorisedCFTC, IIROC, ASIC,
SEBI, JFSC,
SFC(HK), CSSF
40InterTrader Limitedhttps://www.intertrader.com/2011EEAGibraltar FSC
41Kerford Investments (UK) Limitedhttp://www.kerford.co.uk/1999Authorised-
42KEY TO MARKETS (UK) Limitedhttps://keytomarkets.com/en/2011AuthorisedDMCC
43Liteforex (Europe) Ltdhttps://www.liteforex.eu2005EEACySEC, Reg. in Marshall
Islands (LiteForex Investments Limited)
44LMAX Broker Limited (LMAX Global)https://www.lmax.com/2010AuthorisedCySEC
45LMAX Exchange Group2010-
46LMAX Limited (LMAX Exchange) - MTFhttps://www.lmax.com/2010Authorised-
47London Capital Group Limited (LCG)https://www.lcg.com/1996AuthorisedCySEC
48Monecor (London) Ltdhttps://www.etxcapital.com/en1965Authorised-
49NAGA MARKETS LTDhttps://naga.com/2015EEACySEC
50Notesco UK Limitedhttps://www.fxgiants.co.uk/en2015AuthorisedASIC
51Notesco UK Limitedwww.ironfx.co.uk2010AuthorisedCySEC, FSCA,
ASIC (Notesco Pty Ltd - fxgiants)
Notesco Limited (reg in Bermuda)
52OANDA Europe Limitedhttps://www1.oanda.com/1995AuthorisedCFTC, IIROC, ASIC, MAS
28Pepperstone Limitedhttps://pepperstone.com/uk2010AuthorisedASIC
53PhillipCapital UK Limitedhttps://www.phillipcapitaluk.com/1975AuthorisedCFTC, ASIC
54Plus500UK Ltdwww.plus500.co.uk2008AuthorisedASIC, CySEC, FMA(NZ),
FSCA, Israel
55Price Markets UK Ltdhttps://pricemarkets.com/2013Authorised-
56Reliantco Investments Ltdhttps://www.ufx.com/en-gb/2007EEACySEC
57Saxo Capital Markets UK Limitedhttps://www.home.saxo/en-gb 1998AuthorisedASIC, Consob, MAS, Finma, JFSA
CIB (france), DFSA,SFC (HK),
58Sucden Financial Limitedhttps://www.sucdenfinancial.com/en1973Authorised-
59Tera Europe Limitedwww.terafx.com2011Authorised-
60TF Global Markets (UK) Limited  https://www.thinkmarkets.com/en/2010AuthorisedASIC, FSCA
61Tickmill UK LTDwww.tickmill.co.uk2014AuthorisedFSA(SC), LFSA, CySEC
62Tio Markets UK Limitedhttps://tiomarkets.uk/2018AuthorisedFSA (SVG)
63TOPFX Ltdhttps://topfx.com/2010EEACySEC
64Trade Capital Markets (TCM) Ltdwww.trade.com
www.forexyard.eu.com
www.finexo.com		2013EEACySEC
65Tradeslide Trading Tech Limitedhttps://www.darwinex.com/2012Authorised-
66TradeTech Alpha Ltdhttp://www.tradetechalpha.com/
https://www.markets.com/		2010AuthorisedCySEC (SafeCap Investments Ltd),
ASIC, FSCA, BVI
67Trading 212 UK Ltdhttps://www.trading212.com/2004AuthorisedBFSC (Avus Capital), VFSC
68Trading Point of Financial Instruments UK Limitedhttps://www.xm.com/2009AuthorisedCySEC, FCA, IFSC, DFSA
69TS Capital Limitedhttps://tscapital.co.uk/
https://templefx.com/		2007Authorised-
70TTCM Traders Trust Capital Markets Ltdwww.traders-trust.eu
http://tradingforex.com/		2009EEACySEC, Reg in Bermuda (TTCM Traders
Capital Limited)
71TTT Moneycorp Limitedhttps://www.moneycorp.com/en-gb/1979Authorised-
72Union Standard International Group Limitedhttps://www.usgfx.com/2005AuthorisedASIC
73Valbury Capital Limitedhttps://www.valburycapital.com/2010Authorised-
74Valutrades Limitedhttps://www.valutrades.com/2013AuthorisedFSA(SC)
75Vantage Global Prime LLPhttp://atom8.com/2013AuthorisedASIC
76Vantage Global Prime LLPhttps://www.vantagefx.com/2009AuthorisedASIC, CIMA
77VDX Ltdhttps://varianse.com/2015Authorised-
78Windsor Brokers Ltdwww.Windsorbrokers.eu1988EEACySEC, JSC, IFSC
79X Global Markets Ltdhttps://www.xglobalmarkets.com/2012EEACySEC
80XTB Limitedhttps://xopenhub.pro/
https://www.xtb.com/en		2002AuthorisedIFSC (Belize)
81XTrade Europe Ltdhttps://www.xtrade.com/2003EEACySEC, FSCA

*Regulators

CIMA=Cayman Islands Monetary Authority / SCB=Securities commission of the Bahamas / Department of Economic Development of Abu Dhabi / SFC=Hong Kong Securities and Futures Commission / MAS = Monetary Authority Singapore / FSCA = Financial sector conduct authority (South Africa) / IIRO = Investment Industry Regulatory Organisation (Canada) / JFSA = Financial Services Authority (Japan) / CIMA = Cayman Islands Monetary Authority / MFSA = Financial Service Authority (Malta) / Securities and Exchange Commission of Cambodia (SECC) / BAPPEBTI = Commodity Futures Trading Regulatory Agency (Indonesia) / FSC = Financial Services Commission (Mauritius) / LFSA = Labuan Financial Services Authority / FINMA = Swiss Financial Market Supervisory Authority / SEBI = Securities and Exchannge Board of India / CSSF = Commission de Surveillance du Secteur Financier / GFSC = Gibraltar Financial Services Commission / DMCC = Dubai Multi Commodities Centre (free zone) / BFSC = Bulgarian Financial Supervision Commission. / JSC = Jordan Securities Commission / IFSC = Belize-International Financial Services Commission.

List of worldwide regulators by region
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