HF Markets Gets UK FCA Licence
Trading services provider HF Markets has marked its dynamic entry into the UK, as the Group’s operations are constantly expanding hand in hand with its efforts to secure globally acknowledged trading licences.
Multinational FX and commodities broker, HF Markets has revealed that it has added the esteemed Financial Conduct Authority (FCA) licence to its long list of credentials, and as a result HF Markets (UK) Ltd is authorised and regulated by the Financial Conduct Authority (FCA) under firm reference number 801701.
HF Markets (UK) Ltd is part of HF Markets Group – widely known by the trading names HF Markets and HotForex – a conglomerate which encompasses global and regulated entities operating as multi-asset brokers.
“We are operating in an industry where regulatory bodies, such as the European Securities and Markets Authority (ESMA) and the FCA itself, have set up firm controls and accentuate the customer’s best interests. For this reason, only companies which can demonstrate the ability to comply with these rigorous standards, like ours does, can be licenced by the FCA,” commented an HF Markets spokesperson.
Considered as one of the world’s well-known financial authorities in the trading world, the FCA is an independent public body governed by the Financial Services and Markets Act 2000. It works alongside the UK Treasury and other European Supervisory Authorities to support and empower a healthy and successful financial system where firms can thrive and consumers benefit from honest, fair and effective markets that are trustworthy and transparent.