FXOpen UK Closes Client Accounts and Seeks to Cancel FCA Licence
By Tareq Sikder
AI summary of the source article
FXOpen Ltd has closed its UK client accounts, stopped accepting new applications, and applied to the Financial Conduct Authority to cancel its regulatory permissions. The broker has asked customers to withdraw any remaining funds.
Key facts
- FXOpen Ltd closed client accounts and requested the cancellation of its FCA regulatory permissions.
- Deadlines for retail and professional clients to close positions and withdraw funds passed in September 2026.
- Aliaksandr Klimenka, a person with significant control of FXOpen Ltd, faces US money laundering conspiracy charges and had his voting rights suspended in FXOpen EU Ltd by CySEC.
Source excerpt · Finance Magnates
FXOpen Ltd, the UK entity of forex and contracts for difference broker FXOpen, has closed its client accounts and applied to the Financial Conduct Authority to cancel its regulatory permissions. The broker's UK website states that all “client accounts are closed” and asks customers to withdraw any remaining funds through the Client Portal. It is no longer accepting new account applications. FXOpen…