Our Regulation

Our Regulation

HCFFX is authorized and regulated by the Financial Conduct Authority (FCA) and are bound by their rules and regulations in the conduct of its trading business. Our FCA license number is 725682 and you can learn more about our regulatory status by visiting the FCA website: Financial Conduct Authority

Financial Conduct Authority

FCA regulates most financial services markets, exchanges, and firms in the UK. It sets the standards that must be met and can take actions against firms if they fail to meet the required standards.

Requirements of FCA regulated brokers
As a FCA regulated firm, HCFFX is obligated to meet the stringent standards set by the FCA, submit financial reports on a regular basis and undertake detailed annual audits. This includes ensuring client funds are held in quality Tier 1 banks approved by the FCA. All money received from our clients is treated as “Client Money” under FCA client money rules. Under these rules all client money must be kept separate from company funds, in a segregated account and at no point can client money be treated as company assets. HCFFX cannot use client money to cover their own needs,expenses, risks or utilize those funds in case of insolvency. This means higher protection of investments for all our clients. Client money rule form one of the most important parts of the financial regulatory system related to consumers and HCFFX is committed to upholding them.

If a FCA regulated company fails to meet its financial obligations, a liquidator world not be able to use client money to meet claims of general creditors of the failed company. Clients’ funds can only be used to pay compensation to clients who held deposits with the company. This is in contrast to US NFA regulated firms, where client funds are not kept in segregated accounts, in the case of a company failure in the US clients are treated as general creditors.

Segregated client funds
All client funds are held fully segregated client trust accounts held at BarclaysBank and Royal bank of Scotland.

Client funds are kept separate from HCFFX’s company funds.If HCFFX were to become insolvent, client funds will not be used to pay back creditors.

Complaints Procedure
At HCFFX we aim to provide the best possible service, however if you think that we do not deliver what we have promised we want to hear from you.This will give us a chance to put things right and improve our services. If you have any complaints or comments, send an email to complaints@hcffx.co.uk.

Financial services compensation scheme

HCF Partnership Ltd is the financial services compensation scheme (FSCS) is a British member of the.FSCS shall not authorize Financial Services Company has provided for the customers. If a statutory fund Financial Services Company can not, or may not be able to pay the claim, then, FSCS will pay compensation to consumers. You can get more goals and roles in about FSCS their website http://www.fscs.org.uk information.