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Ikon Finance

Ikon Finance

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Ikon Finance Limited is authorised and regulated by the Financial Conduct Authority (FCA).
For more details please visit the FCA website or click here to be routed directly to our firm details on the FCA's website.

About the FCA

The FCA is an independent body that regulates ed the financial services industry in the United Kingdom. It has its statutory powers under the Financial Services and Markets Act 2000 (FSMA 2000).

It is responsible for conduct issues, market supervision and prudential supervision for firms not supervised by the Prudential Regulation Authority (PRA) such as IKON Finance Limited.

All firms regulated by the FCA are obliged to meet strict financial standards including capital adequacy requirements. Firms are required to submit financial reports to the regulator on a regular basis. The FCA has the right to fine firms and/or terminate a company's regulatory status for violations.

The regulations require that our firm:

Maintains sufficient financial resources and liquid capital in excess of the amount required to cover all client deposits, potential fluctuations in the company's currency positions and outstanding expenses. This ensures a prudent running of the firm.

Does not include any debt outstanding to the company as part of this capital

Undergoes a detailed annual audit performed by an independent financial auditor including a dedicated "Client Money" audit.

Furthermore, Ikon Finance Limited only holds deposits with reputable financial institutions. Funds, whether they are classified as company funds or client funds, are kept in BMO Harris Bank.

Our annual financial reports are audited by a leading UK financial auditor Buzzacott.


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