Retail forex broker Pepperstone receives FCA license
ASIC regulated, Melbourne, Australia-based retail forex broker Pepperstone is getting set to announce a major expansion in the UK and Europe.
One of Australia’s leading Retail Forex and CFD brokers, Pepperstone has already finalized the FCA license of its UK subsidiary, Pepperstone Limited. Pepperstone acquired what is now its UK subsidiary from online entrepreneur Mohammed Tayeb, who alongside his broker Omar Tayeb established an FCA regulated shell with plans to launch a retail forex brokerage called 123FX.com. The business was never launched and instead was sold to Pepperstone.