Breaking: Capital.com Secures FCA License
- The new license permits the company to act as a principal and offer spread betting to its clients
Capital.com just announced that the company has acquired a new license with the UK Financial Conduct Authority (FCA). The firm's move represents a commitment to enter the UK market.
Since its establishment in early 2017, Capital.com has been using a CySEC license.
The license also provides Capital.com with a globally recognized regulatory brand with a solid reputation. The new permit of the brokerage allows it to provide services to professional and retail clients CFDs, shares and spread betting.
Capital.com's permit also allows it to provide rights to or interests in investments (Contractually Based Investments) and rights to or interests in investments (Security).
Capital.com was one of the first companies in the industry to introduce the new ESMA ESMA European Securities and Markets Authority (ESMA) is an independent Authority of the European Union that is responsible for the safety, security, and stability of the European Unions’ financial system and is charged with protecting the public. The European supervisory authority for the securities sector, ESMA was established on 1 January 2011. The European Securities and Markets Authority is an independent EU authority based in Paris. It aims to contribute to the effectiveness and stability of t European Securities and Markets Authority (ESMA) is an independent Authority of the European Union that is responsible for the safety, security, and stability of the European Unions’ financial system and is charged with protecting the public. The European supervisory authority for the securities sector, ESMA was established on 1 January 2011. The European Securities and Markets Authority is an independent EU authority based in Paris. It aims to contribute to the effectiveness and stability of t Read this Term regulatory standards. The firm has started onboarding new clients within the rules of the new regulatory framework since June.
License Expansion
The new regulatory licensing step from Capital.com comes at a time when the UK is preparing to leave the European Union. While Brexit Brexit Brexit stands for British Exit, or in reference to the United Kingdom’s decision to formally leave the European Union (EU) as declared in a June 23, 2016 referendum. In a more immediate sense, a tight vote and unexpected result helped drive British pound (GBP) to lows that had not been seen in decades.The day following the referendum, former Prime Minister David Cameron resigned from office where he was replaced by Theresa May, who later resigned from office on June 7th, 2019. Active Prime Minis Brexit stands for British Exit, or in reference to the United Kingdom’s decision to formally leave the European Union (EU) as declared in a June 23, 2016 referendum. In a more immediate sense, a tight vote and unexpected result helped drive British pound (GBP) to lows that had not been seen in decades.The day following the referendum, former Prime Minister David Cameron resigned from office where he was replaced by Theresa May, who later resigned from office on June 7th, 2019. Active Prime Minis Read this Term scenarios are debated daily in the country, Capital.com appears to be considering the UK market as an important part of its business strategy.
Commenting on the new license acquisition, the CEO of Capital.com, Ivan Gowan, said: “This is a really important step for us as a business, as we continue to expand our global footprint. The FCA is the most experienced and knowledgeable financial regulator in the world, so having its stamp of approval is particularly meaningful.
"As an FCA-regulated trading provider, we are now subject to the Financial Ombudsman Service, so customers can always feel confident that any issue will be resolved in a fair and impartial manner," the CEO of Capital.com elaborated.
Gowan highlights that the FCA license gives the broker's customers the confidence that they are trusting their funds with a trading provider that has met the standards of one of the world’s most reputable regulators.
"The CFD trading market often sees short-lived providers come and go, with operations that might be better described as financial scams, but as an FCA regulated business, any prospective CFD trader can trust that we have proven ourselves to be a responsible and ethical provider of financial services,” concluded Gowan.
Capital.com just announced that the company has acquired a new license with the UK Financial Conduct Authority (FCA). The firm's move represents a commitment to enter the UK market.
Since its establishment in early 2017, Capital.com has been using a CySEC license.
The license also provides Capital.com with a globally recognized regulatory brand with a solid reputation. The new permit of the brokerage allows it to provide services to professional and retail clients CFDs, shares and spread betting.
Capital.com's permit also allows it to provide rights to or interests in investments (Contractually Based Investments) and rights to or interests in investments (Security).
Capital.com was one of the first companies in the industry to introduce the new ESMA ESMA European Securities and Markets Authority (ESMA) is an independent Authority of the European Union that is responsible for the safety, security, and stability of the European Unions’ financial system and is charged with protecting the public. The European supervisory authority for the securities sector, ESMA was established on 1 January 2011. The European Securities and Markets Authority is an independent EU authority based in Paris. It aims to contribute to the effectiveness and stability of t European Securities and Markets Authority (ESMA) is an independent Authority of the European Union that is responsible for the safety, security, and stability of the European Unions’ financial system and is charged with protecting the public. The European supervisory authority for the securities sector, ESMA was established on 1 January 2011. The European Securities and Markets Authority is an independent EU authority based in Paris. It aims to contribute to the effectiveness and stability of t Read this Term regulatory standards. The firm has started onboarding new clients within the rules of the new regulatory framework since June.
License Expansion
The new regulatory licensing step from Capital.com comes at a time when the UK is preparing to leave the European Union. While Brexit Brexit Brexit stands for British Exit, or in reference to the United Kingdom’s decision to formally leave the European Union (EU) as declared in a June 23, 2016 referendum. In a more immediate sense, a tight vote and unexpected result helped drive British pound (GBP) to lows that had not been seen in decades.The day following the referendum, former Prime Minister David Cameron resigned from office where he was replaced by Theresa May, who later resigned from office on June 7th, 2019. Active Prime Minis Brexit stands for British Exit, or in reference to the United Kingdom’s decision to formally leave the European Union (EU) as declared in a June 23, 2016 referendum. In a more immediate sense, a tight vote and unexpected result helped drive British pound (GBP) to lows that had not been seen in decades.The day following the referendum, former Prime Minister David Cameron resigned from office where he was replaced by Theresa May, who later resigned from office on June 7th, 2019. Active Prime Minis Read this Term scenarios are debated daily in the country, Capital.com appears to be considering the UK market as an important part of its business strategy.
Commenting on the new license acquisition, the CEO of Capital.com, Ivan Gowan, said: “This is a really important step for us as a business, as we continue to expand our global footprint. The FCA is the most experienced and knowledgeable financial regulator in the world, so having its stamp of approval is particularly meaningful.
"As an FCA-regulated trading provider, we are now subject to the Financial Ombudsman Service, so customers can always feel confident that any issue will be resolved in a fair and impartial manner," the CEO of Capital.com elaborated.
Gowan highlights that the FCA license gives the broker's customers the confidence that they are trusting their funds with a trading provider that has met the standards of one of the world’s most reputable regulators.
"The CFD trading market often sees short-lived providers come and go, with operations that might be better described as financial scams, but as an FCA regulated business, any prospective CFD trader can trust that we have proven ourselves to be a responsible and ethical provider of financial services,” concluded Gowan.