Wanted: FSA regulated (UK) FX ECN broker

valbury capital

Valbury Capital Limited is authorised and regulated by the Financial Conduct Authority, registration number: 540418. Member of the London Stock Exchange.

ATC Brokers uk
Admiral markets

ActivTrades & Darwinex

LMAX

Hi,Do you use lmax?
Which platform use you?
have a nice day.

House of Borse - FCA regulated - https://houseofborse.com/en/page/3-3...-Account-Types
UK FCA Register Number: 631382 - https://register.fca.org.uk/shpo_sea...search=+631382

https://www.100forexbrokers.com/mt4-ecn-brokers

https://houseofborse.com/en/

i have real account with them.
it seems they are truee and pure DMA/ECN

+

ActiveTrades which is B-book company to some degree.

Ayondo - http://www.ayondo.com/#
UK FCA Register Number: 184333 - https://register.fca.org.uk/shpo_sea...?search=184333.

Edit: Not ECN

Noone has mentioned FX Open UK ECN

£500,000 Broker Insolvency Insurance

There appears to be discrepencies between statement on the FxOpen UK site - About Us → Safety of Funds and Terms and Conditions. See Statements 1 and Statements 2.

With reference to safety of clients funds the FxOpen UK site states - All client funds are ring-fenced at Barclays Bank Plc in London, a Tier 1 Banking and Credit institution - while the Terms and Conditions states - 29.1.3: Any money you transfer to us or which is transferred to us on your behalf being Client Money within the meaning of the Client Money Rules will be held with a bank in the UK but may also be held in a non-UK bank - and - 29.1.4: We may hold Client Money on your behalf in an account with a bank or third party located outside the European Economic Area ("EEA") - and - 29.1.5: We will not be liable for the failure or insolvency of any bank or third party holding money however, if your money is held within an EEA country, a proportion of your cash balance may qualify for compensation arrangements in that jurisdiction.

Note: The above impacts on Statements 3 below

Statements 1: FxOpen Site, About Us → Safety of Funds.
Accounts with a Top Tier Bank
All client funds are ring-fenced at Barclays Bank Plc in London, a Tier 1 Banking and Credit institution. - reference https://www.fxopen.co.uk/en/safety-of-funds/ (26-March-2016)

Definition: Ring Fencing Banks
Ring fencing is a term to describe the situation where a firm makes part of its business a separate entity to the rest of its business. The purpose or ring-fencing an aspect of your business is so that losses in one area cant affect another. - reference - http://www.economicshelp.org/blog/3185/economics/ring-fencing-banks/

Statements 2: → Terms and Conditions (pdf link, page bottom) - reference https://www.fxopen.co.uk/ (26-March-2016)
29. CLIENT MONEY AND ASSETS
29.1 Retail clients only
29.1.1 Clause 29.1 applies to Retail Clients only.
29.1.2 Any money received by us in respect of your Account shall be
treated as Client Money in accordance with the FCA's Client
Money Rules.
29.1.3 Any money you transfer to us or which is transferred to us on
your behalf being Client Money within the meaning of the
Client Money Rules will be held with a bank in the UK but may
also be held in a non-UK bank. Your money will be segregated
from our own money in accordance with the requirements of
the Client Money Rules and in the event of our insolvency, it
will be excluded from our assets.
29.1.4 We may hold Client Money on your behalf in an account with a
bank or third party located outside the European Economic
Area ("EEA"). This account will be segregated from our money
or assets which may be held with the bank or third party. The
legal and regulatory regime applying to any such bank or third
party may be different from that of the UK and in the event of
the insolvency or any other equivalent failure of that bank or
third party, your money may not be as effectively protected as
if your money is held with an equivalent bank or third party in
the UK.
29.1.5 We will not be liable for the failure or insolvency of any bank or
third party holding money however, if your money is held
within an EEA country, a proportion of your cash balance may
qualify for compensation arrangements in that jurisdiction.

Statements 3. FxOpen Site, About Us → Safety of Funds.
Investor Protection
All retail clients of FXOpen UK, whether you are a UK citizen or not, have their funds fully protected up to 50,000 by the FSCS in the event that FXOpen UK is unable to return client money. More details can be found at: www.fscs.org.uk. - reference https://www.fxopen.co.uk/en/safety-of-funds/ (26-March-2016)

However, with reference to Statements 2: Terms and Conditions 29.1.3, 29.1.3 and 29.1.5 → in summary, FxOpen UK not liable for loss of Client Money against Bank failures and insolvencies....and holding Client Money in an account with a bank or third party located outside the European Economic Area ("EEA") and Statements 1: All client funds are ring-fenced at Barclays Bank Plc in London, note the following:

a) "the Financial Services Compensation Scheme (FSCS) will not pay compensation when a firm has enough assets or means to pay claims made against it." - reference - How to claim compensation: Step 2: http://www.fca.org.uk/consumers/comp...m-compensation

b) Bank Ring-Fencing:

Crown Dependencies
In last years drafts, there was an exemption to allow ring-fenced banks to maintain branches in the Crown Dependencies, despite otherwise being prohibited from having non-EEA branches or subsidiaries. The Treasury had said that deposits in the Crown Dependencies play an important part in the funding mix and liquidity base of UK ring-fenced banks and that as such, access of UK ring-fenced banks to the Crown Dependencies has positive consequences for UK financial stability. However, this exemption has been removed ring-fenced banks will not be permitted branches (or subsidiaries) in these territories. The documents do not give any explanation for the change of stance. Reference - http://blogs.deloitte.co.uk/financialservices/2014/07/uk-bank-ring-fencing.html (23/07/2014)

Comment: No execution metrics found on site to support above.

PhillipCapital UK is a trading name of King & Shaxson Capital Limited (Company Number: 2863591). Registered Office: 6th Floor, Candlewick House, 120 Cannon Street, London, EC4N 6AS. Registered in England and part of the PhillipCapital Group. King & Shaxson Capital Limited (Firm Reference Number: 169760) is Authorised and Regulated by the Financial Conduct Authority, 25 The North Colonnade, Canary Wharf, London, E14 5HS.

https://www.phillipcapitaluk.com/

they are not ecn.
just stp.

try these:

phillipcapitaluk
ayondo
houseofborse
valutrades

all with FCA

ATC Brokers
https://tradeproofer.com/awards/brok...ad/2015/eurusd

- https://tickmill.com/

Go Markets UK became Infinox.

https://infinox.com/uk/