Company Information

Get to know FirstFX Limited

First FX Ltd was a financial services company authorised and regulated by the UK's Financial Conduct Authority (FCA) to provide foreign exchange and CFD trading services to retail clients. The company's operations ceased after the FCA cancelled its authorisation in July 2015. The regulatory action was taken because the firm failed to meet its regulatory obligations, specifically the payment of required fees and levies, leading the regulator to conclude it was no longer a "fit and proper person" to conduct regulated activities.

Industry

Forex Retail BrokerPRIMARY
Financial Other Service

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FirstFX Limited

United Kingdom

Founded in

2013 (13 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

Licenses

--/40

Reviews

--/60

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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.

Markets.com

(326 reviews)

United States

2008

(18 years)

Security Information :

FSCA

Security Information

Warning

This company is currently Unproved.

Please be cautious of the potential risks!

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.