Recognition by UK financial regulator places seal of approval on leading fintech company
Capital.com has today announced that it has received approval from the UK Financial Conduct Authority (FCA) and is now regulated under the FCA’s strict code of practice and ethics for firms offering financial services. With Capital.com having now completed the FCA’s rigorous authorisation process and meeting all necessary requirements for levels of capital held by the business, UK customers can feel total confidence in their trading with Capital.com. In a further demonstration of its enthusiasm for regulatory compliance, Capital.com was the first CFD trading platform to become fully compliant with the regulations published by the European Security and Markets Authority.
Ivan Gowan, CEO at Capital.com, explains the significance of the company’s approval by the FCA: “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.
“At Capital.com, we are committed to providing a responsible trading experience for our customers. We have rolled out a number of initiatives in recent months to support this. Our Investmate app, available for free from any mobile store, is an educational resource to help people understand trading and improve their risk management through interactive courses, quizzes, and articles. We have also integrated our platform with the leading global payment service provider WorldPay and established a new banking relationship with RBS to serve our UK customers.”
In addition, Capital.com’s unique News feature, a machine learning-based platform that can detect and analyse biases in trading behaviour which lead to sub-optimal investing, can correct these biases by giving users relevant and targeted information that helps them to make informed decisions about their trading, rather than relying on human instinct. The company’s recently launched web platform is another critical element in its efforts to help its traders invest more successfully, presenting data in more detail and giving users the flexibility to view that data however they want.
Ivan concludes: “Being approved and regulated by the FCA gives our customers the confidence that they are trusting their money with a trading provider that has met the standards of one of the world’s most respected and toughest 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 responsible and ethical provider of financial services.”
About Capital.com:
Capital.com is an insurgent fintech on a mission to make the world of finance more engaging, accessible and useful. With an award-winning financial trading platform, available on web and app, it uses patent-pending technologies to revolutionise the trading world.
The platform’s News Feed works to detect clients’ trading biases and recommends personalised content to help them trade smarter.
With the ultimate goal of improving clients’ trading performance through education, Capital.com delivers financial lessons, videos, quizzes and more through its Investmate app.
Find out more at https://capital.com/
Facebook: https://www.facebook.com/capitalcom/
Twitter: https://twitter.com/capitalcom
LinkedIn: https://www.linkedin.com/company/capital.com/
Youtube: https://www.youtube.com/c/Capitalcomtrading
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 78% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Capital Com (UK) Limited is authorised and regulated by the Financial Conduct Authority (FRN 793714).
Capital Com SV Investments Limited is authorised and regulated by the Cyprus Securities and Exchange Commission (Licence No. 319/17).