Company Information

Get to know beaufort asset clearing services limited

Beaufort Asset Clearing Services Limited was the client asset custody and clearing entity for the wider Beaufort Securities group, a prominent stockbroking and wealth management firm headquartered in London, UK. Established to serve retail and professional clients, the group offered a range of investment services including discretionary portfolio management, advisory services, execution-only stockbroking, and ISAs. In March 2018, the UK's Financial Conduct Authority (FCA) declared the firm insolvent and successfully applied to the High Court to place it into special administration, leading to the immediate cessation of all business activities. The collapse was linked to financial instability and simultaneous criminal charges brought by the US Department of Justice against the parent company for securities fraud and money laundering.

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Stock BrokerPRIMARY
Financial Other Service

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beaufort asset clearing services limited

United Kingdom

Founded in

2008 (18 Years)

Founded

Last online: No recent activity

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Markets.com

(326 reviews)

United States

2008

(18 years)

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.