temporarily suspends new UK client onboarding to maintain service standards amid rapid growth and assures existing clients' trading continuity.

CapitalcomIn recent forex broker news, it has been reported that forex broker introduced a strategic measure to secure service quality by closing registration from new clients in the UK. This decision takes the company to the next notch of ascertaining that the standards it upholds in the wake of its fast growth remain impeccable.

The announcement can be displayed prominently on forex broker website. It highlights the company's impressive track record and states that it has been crucial to harmonize systems, controls, products, and services with changing client needs and regulatory demands.

This CySEC-regulated broker announced that they have suspended their operations in the UK. Its spokesperson reiterated their commitment to maintaining best-in-class service standards for existing UK clients.

While the announcement does not mention a precise date for the resumption, such assurance of clients' continuity in deposits, withdrawals, and trading activities will remain the principal concern.

The Capital Com (UK) Limited's license remains as demonstrated by the Financial Conduct Authority's register. The organization's license, given back in 2018, remains in the order of things.


Latest Financial Outcomes

The financial year 2022 report, released by this no-commission broker in September 2023, highlighted the excellent growth figures, including earnings that amounted to £4.13 million and net revenue of £29.11 million. This excellent accomplishment portrayed a considerable achievement by the company at that time, with the new CEO appointed in May 2022.

While the immediate boarding of new clients is on hold at this Metatrader-only broker, the institution strives to offer clients excellent services amid the ever-changing and fluctuating financial markets.

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