The correct query method is to log on to the FSA information page of the company.
Look for notice: be able to hold and control customers' money.
If there is this sentence, it means that they are allowed to hold and control the client's funds, and they are all qualified companies.
If there is no such sentence, it means that they are not allowed to hold and control customers' funds, which is an illegal operation.
Click license.
Looking for activity name: agency investment (business scope).
There is a rolling spot foreign exchange contract (spot foreign exchange transaction)
See if the company has a securities and futures license:
Click on "Regulatory Authority".
Find the regulator name.
Display the following:
Financial Services Authority -FSA (this content is basic information and all companies will appear)
Securities and Futures Authority (UK Securities and Futures Licence)
FSA supervision is a relatively strict supervision institution in the world, directly under the British Chancellor of the Exchequer (Britain has a cabinet system and no ministerial position), and it is a non-profit supervision institution. But in any case, foreign exchange service providers are only intermediaries, and there is no situation in which insurance companies cannot compensate customers for policy risks. Therefore, they only need to accept the formal supervision of the British Financial Services Authority. Because FSA checks the assets of foreign exchange service providers every month, and customers' funds are managed independently, they are all safe, especially with the British investor protection plan. If the broker is authorized by the top level of FSA, FSA will compensate its clients up to 85,000 pounds (about 6,543.8+0.4 million US dollars) if the company goes bankrupt or may go bankrupt for any reason.