CFDs are leveraged. Most retail traders lose money, and you can lose more than you deposit.
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Scam & licence alerts

Licence changes we find on regulators' registers, and regulator warnings. Info may be out of date or wrong. Always check with the regulator before you trade.

Licence may have lapsed
FSCA

IG Markets South Africa Limited, FSP 41393, appears lapsed on the FSCA register

When we looked, the FSCA register appeared to show FSP 41393 (IG Markets South Africa Limited) as lapsed. IG's South African site still states this number.

IG page
Possible number mismatch
FSCA

FSP 46862, reported for Pepperstone, appears to belong to a different firm

A third-party site lists FSP 46862 for Pepperstone. On the FSCA register, 46862 appears to be CHS Claims Handling Services (Pty) Ltd. We couldn't see an FSCA licence on Pepperstone's own regulation page.

Pepperstone page

For all regulator warning notices, see Warnings.

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A short email when a licence lapses or a regulator flags a broker. No tips, no trade ideas.

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