Forex Capital Markets Limited (“FXCM Ltd”) & FXCM Securities Limited (“FXCM Securities”) (together “FXCM UK”) Fined £4,000,000 by the Financial Conduct Authority

Reason:
For allowing the US based FXCM Group to withhold profits worth approximately £6 million ($9,941,970) that should have been passed on to FXCM UK’s clients.
Date: 26/02/2014
Amount: 4000000.00
Link: https://www.fca.org.uk/publication/final-notices/forex-capital-markets-limited.pdf

Comments are closed.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More