City of London Markets – scammers or a decent broker?

C

City of London Markets – what we know and have as facts about it; This is a trading name of City of London Markets Limited, which is authorized and regulated by the Financial Conduct Authority (FCA) under registration number 595844. This license allows it to conduct various financial services, including receiving, transmitting, and executing customer orders.

We have found in the Terms and Conditions document that City of London Markets acts as a market maker and not as an agent of client’s behalf. issuer of over the counter (OTC) CFDs. BCR does not act as a client’s agent or broker in relation to transactions of BCR products. BCR acts as a principal, on its own behalf, when it provides financial services to clients. In general, dealing with market makers involves a conflict of interest because they do not transmit every customer deal and hope that customers will lose. Every loss of customers is their profit.

So far, we have not received any complaints from customers of City of London Markets. If you have any criticism to share with us or feel annoyed by City of London Markets, please fill in the form below, detailing your case. Once we have made your case public, we may attempt to mediate between you and City of London Markets if you wish.

Add Comment