FCA crackdown leads 24 CFD firms to cease operating since 2025

Of those 24 firms, 21 have already closed entirely, while three others are currently cancelling their permissions. The regulator challenged the businesses on concerns they were misusing their authorised status to mislead consumers. The firms that were targeted in the crackdown carried out little UK business but were deemed to have been using their authorisation as a badge to make linked overseas companies look more trustworthy than they really were, according to the FCA. There regulator argued that such operations could have made consumers believe they were dealing with a UK-regula...