Security

FX Broker Network Ltd (“FXB”) takes the protection of client funds seriously.

Once approved with the FCA and operational, the following information will apply:

When you send us money to pay for an FX transaction, both the sold funds and currency you have bought is counted as relevant client funds and safeguarded at all times. Furthermore, when you send us money for an FX transaction that does not settle on the same day, or where the payment is due more than one business day later, your funds will be held in designated segregated accounts separate to FXB's own liquidity. These accounts are kept completely separate from FXB’s own money and are used only to hold client funds until your transaction and payment are completed.

For FX forward contracts, any deposit or margin you pay is held to protect against the risk of the contract not being completed. These funds are not treated as relevant funds or safeguarded. Once a forward contract has been settled, the deposit paid will then become 'relavant funds' and be safeguarded the same as the funds sent in to pay for an FX transaction.

FXB is not covered by the Financial Services Compensation Scheme (FSCS). Instead, client protection is provided through safeguarding as per the FCA's PSRs. 

We carry out daily checks to make sure all safeguarded and segregated funds are held correctly and are always happy to answer any questions about how your money is handled.

FX Broker Network Ltd is currently seeking authorisation from the Financial Conduct Authority to become an Authorised Payments Institution.

An Authorised Payment Institution (API) is a regulated financial firm that is permitted to provide payment services such as international money transfers and foreign exchange transactions. To become authorised, firms must meet strict regulatory standards covering financial stability, governance, risk management, safeguarding of client funds and operational resilience. This authorisation will give customers confidence that the firm operates transparently, responsibly and in line with established regulatory rules.

In the UK, Authorised Payment Institutions are regulated by the Financial Conduct Authority (FCA). The FCA will supervise how we operate on an ongoing basis, including how we protect client funds, manage risks, and communicate with customers. This oversight ensures we act in our clients’ best interests and comply with the Payment Services Regulations, providing a secure and trusted environment for your payments and FX transactions.

FX Broker Network Ltd is registered with the Information Commissioner’s Office under registration reference: ZB406945. EMM has strict internal policies and guidelines when handling any client information.

Transaction receipts are provided by email and via your account online. Your online account will keep you informed of the status of any current trades and payments, as well as a detailed history of previous transactions.