Search

For more information about Price Markets Forex Broker company profile, come to WikiBit!

Rating Index

WikiFX Detection

Business

Field Survey Danger

License

FCA Revoked

Price Markets Company

  

Price Markets Company: A Comprehensive Overview

  

1. Company Overview

  

Founding Date and Background

  Price Markets Company was established in 2003, focusing on providing innovative trading solutions primarily in the foreign exchange (forex) market. The company specializes in offering a range of financial instruments, including Contracts for Difference (CFDs) and spread betting options. Over the years, Price Markets has developed a reputation for catering to both retail and institutional traders.

  

Parent Company/Ownership Structure

  Price Markets operates as a private entity, with ownership details not extensively disclosed in public domains. The company is recognized for its independent operations within the financial services sector, providing a range of brokerage services.

  

Headquarters Location

  The headquarters of Price Markets is located in London, England. This strategic location places the company in one of the world's leading financial hubs, allowing it to leverage a robust financial infrastructure and access to global markets.

  

Global Business Scope

  Price Markets serves a diverse clientele across Europe, the Middle East, and Africa (EMEA). The company offers its trading services to both individual and institutional clients, facilitating access to over 3,000 global financial markets.

  

Main Regulatory Bodies

  Price Markets is regulated by the Financial Conduct Authority (FCA) in the United Kingdom. The FCA is known for its stringent regulatory standards, which help ensure that financial institutions operate fairly and transparently.

  

2. Company History and Development

  

Key Milestones

  Since its inception, Price Markets has achieved several key milestones:

  • 2003: Establishment of Price Markets with a focus on forex trading.
  • 2013: Expansion of services to include CFDs and spread betting.
  • 2016: Received FCA authorization, enhancing its credibility in the market.

  

Business Expansion Journey

  Price Markets has steadily expanded its service offerings and technological capabilities. Initially focused on forex trading, the company has diversified its portfolio to include CFDs, commodities, and indices. This expansion has been driven by a commitment to technological innovation and customer service.

  

Customer Base Growth

  Over the years, Price Markets has experienced significant growth in its customer base, attracting both retail and institutional traders. The companys focus on providing robust trading platforms and exceptional customer support has contributed to this growth.

  

Platform Development History

  Price Markets has developed several proprietary trading platforms, including the widely used MetaTrader 4 (MT4) and other advanced trading applications. These platforms are designed to provide traders with powerful execution, analysis, and research tools.

  

Important Awards or Recognitions Received

  Price Markets has received several accolades for its services, including recognition for its innovative trading solutions and customer service excellence. Specific awards have not been extensively documented but are indicative of the companys commitment to quality.

  

3. Trading Services Offered

  

Forex Trading Options

  Price Markets offers a comprehensive range of forex trading options, providing access to over 40 currency pairs. This includes major, minor, and exotic currency pairs, catering to a wide range of trading strategies.

  

Stock Trading Options

  While Price Markets primarily focuses on forex and CFDs, it does not offer direct stock trading options. Instead, traders can engage in CFD trading on various stock indices, allowing exposure to stock market movements without owning the underlying assets.

  

CFD Trading Products

  The company provides a variety of CFD trading products, including:

  • Indices: Access to major global stock indices.
  • Commodities: Trading options for commodities such as oil and gold.
  • Bonds: CFDs based on government securities.

  

Other Financial Instruments

  Currently, Price Markets does not offer cryptocurrency trading. However, it provides a range of other financial instruments, including commodities and indices, which can be traded via CFDs.

  

Special Services or Unique Advantages

  Price Markets distinguishes itself by offering advanced trading technologies, including ECN connectivity and algorithmic trading options. Traders benefit from low latency and high-speed execution, which are crucial for high-frequency trading strategies.

  

  

Detailed Regulatory Information

  Price Markets is regulated by the FCA (Financial Conduct Authority) under registration number 725804. The company has also applied to cancel its FCA license, and its current regulatory status is in question, pending further developments.

  

  Price Markets operates under the legal entity structure of Price Markets UK Ltd in the UK. The company's regulatory framework is influenced by the European Securities and Markets Authority (ESMA) regulations, which impose strict rules on leverage and trading practices.

  

Client Fund Protection Measures

  Clients funds at Price Markets are held in segregated accounts with major UK financial institutions, ensuring that client funds are protected in the event of financial difficulties. Additionally, retail clients are protected under the Financial Services Compensation Scheme (FSCS), which covers up to £50,000 per client.

  

Countries/Regions Served

  Price Markets primarily serves clients in the EMEA region, with a focus on the UK market. However, it does not accept clients from the United States and certain jurisdictions due to regulatory restrictions.

  

Compliance History

  The company has maintained a compliance-oriented approach, adhering to the regulations set forth by the FCA. However, the recent application to cancel its FCA license raises concerns about its operational status, which traders should monitor closely.

  

5. Competitive Landscape

  

3-5 Main Competitors

  Price Markets faces competition from several established brokers in the forex and CFD trading space, including:

  • IG Group: A leading provider of spread betting, CFDs, and forex trading with a diverse range of markets.
  • Pepperstone: An Australian broker known for low spreads and a wide range of trading platforms.
  • Swissquote: A Swiss-based bank and broker offering a comprehensive suite of trading products and services.

  

Positioning in the Industry

  Price Markets positions itself as a technology-driven broker, focusing on advanced trading solutions and customer service. However, its high minimum deposit requirements may limit its appeal to beginner traders.

  

Market Differentiation Factors

  Price Markets differentiates itself through:

  • Technological Innovation: Offering advanced trading platforms and ECN connectivity.
  • Customer Support: Providing timely and effective customer service, although not available 24/7.
  • Regulatory Compliance: Operating under strict FCA regulations, which enhances trust among traders.

  Price Markets Company has established itself as a notable player in the forex and CFD trading market, offering a range of services tailored for both retail and institutional clients. While the company has experienced growth and development, potential clients should remain informed about its regulatory status and market positioning.

  Back to top

  For more detailed information about Price Markets, please learn more.