Traders from the United Kingdom who want to open an account with the Capital.com broker may encounter a problem. The official website of the company offering FX/CFD trading informs that “for the moment” it has suspended the registration of new clients under the entity Capital Com (UK) Limited.
The broker did not provide specific reasons for its decision, but according to the U.K.
Financial Conduct Authority (FCA
Financial Conduct Authority (FCA)
The Financial Conduct Authority (FCA) is the largest financial regulator for all financial markets in the United Kingdom (UK). The UK regulator is responsible for the conduct of firms authorized under the Financial Services and Markets Act 2000. Additionally, the FCA is also responsible for regulating behavior in retail and wholesale financial markets, supervising the commercial infrastructure that supports these markets and prudential regulation of businesses not regulated by the PRA. His role
The Financial Conduct Authority (FCA) is the largest financial regulator for all financial markets in the United Kingdom (UK). The UK regulator is responsible for the conduct of firms authorized under the Financial Services and Markets Act 2000. Additionally, the FCA is also responsible for regulating behavior in retail and wholesale financial markets, supervising the commercial infrastructure that supports these markets and prudential regulation of businesses not regulated by the PRA. His role
) register, by which the company has been authorized since 2018, the license remains active.
When visiting the Capital.com website in the UK and attempting to open an account, users are greeted with a message stating that the company “has made the decision to pause onboarding new customers in the UK For now”.
“We have experienced rapid growth as a company and we want to ensure that all of our systems, controls, products and services are delivered to the high standards demanded by our customers, management, shareholders and regulators,” adds the communicated. bed.
The broker has not provided any detailed information explaining the reasons for this decision or when it plans to reinstate the ability to register new accounts. Existing UK customers can still access their accounts and trade as normal.
According to the FCA register, Capital Com (UK) Limited still holds an active license, which was granted in 2018.
Financial situation of Capital.com
The most recent financial report published by the UK branch of the broker was published in September 2023 and covered the financial year 2022. The company earned £4.13 million, achieving a turnover of £29.11 million. pounds sterling, double the results of the previous year.
In summary, 2022 marked a prosperous period for Capital.com under the leadership of its new CEO, Peter Hetherington. He assumed this role in May, succeeding Jon Squires. Hetherington brought with him more than three years of experience as CEO of IG Group, a London-based brokerage listed on the London Stock Exchange. Sotck exchange
Sotck exchange
A stock exchange, also known as a stock exchange or stock exchange, is a facility where brokers and dealers can buy and sell securities. This includes stocks, bonds, exchange-traded funds (ETFs), or other financial instruments. By extension, stock exchanges may also provide facilities for the issue and redemption of these securities and instruments and for capital events, including the payment of income and dividends. Stock exchanges have become a permanent part of the financial sector.
A stock exchange, also known as a stock exchange or stock exchange, is a facility where brokers and dealers can buy and sell securities. This includes stocks, bonds, exchange-traded funds (ETFs), or other financial instruments. By extension, stock exchanges may also provide facilities for the issue and redemption of these securities and instruments and for capital events, including the payment of income and dividends. Stock exchanges have become a permanent part of the financial sector.
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Traders from the United Kingdom who want to open an account with the Capital.com broker may encounter a problem. The official website of the company offering FX/CFD trading informs that “for the moment” it has suspended the registration of new clients under the entity Capital Com (UK) Limited.
The broker did not provide specific reasons for its decision, but according to the U.K.
Financial Conduct Authority (FCA
Financial Conduct Authority (FCA)
The Financial Conduct Authority (FCA) is the largest financial regulator for all financial markets in the United Kingdom (UK). The UK regulator is responsible for the conduct of firms authorized under the Financial Services and Markets Act 2000. Additionally, the FCA is also responsible for regulating behavior in retail and wholesale financial markets, supervising the commercial infrastructure that supports these markets and prudential regulation of businesses not regulated by the PRA. His role
The Financial Conduct Authority (FCA) is the largest financial regulator for all financial markets in the United Kingdom (UK). The UK regulator is responsible for the conduct of firms authorized under the Financial Services and Markets Act 2000. Additionally, the FCA is also responsible for regulating behavior in retail and wholesale financial markets, supervising the commercial infrastructure that supports these markets and prudential regulation of businesses not regulated by the PRA. His role
) register, by which the company has been authorized since 2018, the license remains active.
When visiting the Capital.com website in the UK and attempting to open an account, users are greeted with a message stating that the company “has made the decision to pause onboarding new customers in the UK For now”.
“We have experienced rapid growth as a company and we want to ensure that all of our systems, controls, products and services are delivered to the high standards demanded by our customers, management, shareholders and regulators,” adds the communicated. bed.
The broker has not provided any detailed information explaining the reasons for this decision or when it plans to reinstate the ability to register new accounts. Existing UK customers can still access their accounts and trade as normal.
According to the FCA register, Capital Com (UK) Limited still holds an active license, which was granted in 2018.
Financial situation of Capital.com
The most recent financial report published by the UK branch of the broker was published in September 2023 and covered the financial year 2022. The company earned £4.13 million, achieving a turnover of £29.11 million. pounds sterling, double the results of the previous year.
In summary, 2022 marked a prosperous period for Capital.com under the leadership of its new CEO, Peter Hetherington. He assumed this role in May, succeeding Jon Squires. Hetherington brought with him more than three years of experience as CEO of IG Group, a London-based brokerage listed on the London Stock Exchange. Sotck exchange
Sotck exchange
A stock exchange, also known as a stock exchange or stock exchange, is a facility where brokers and dealers can buy and sell securities. This includes stocks, bonds, exchange-traded funds (ETFs), or other financial instruments. By extension, stock exchanges may also provide facilities for the issue and redemption of these securities and instruments and for capital events, including the payment of income and dividends. Stock exchanges have become a permanent part of the financial sector.
A stock exchange, also known as a stock exchange or stock exchange, is a facility where brokers and dealers can buy and sell securities. This includes stocks, bonds, exchange-traded funds (ETFs), or other financial instruments. By extension, stock exchanges may also provide facilities for the issue and redemption of these securities and instruments and for capital events, including the payment of income and dividends. Stock exchanges have become a permanent part of the financial sector.
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