Bank Index

Freemarketfx

Bank · LONDON, United Kingdom · overall 4.9 / 10

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How this 4.9 is built

Average of 6 scored needs: 4.9. Regulation in United Kingdom: 91/100 (World Bank governance indicators). Licence confirmed by a regulator's own list. 1 score backed by filings or its own pages.

FREEMARKETFX LIMITED is recorded in the global register as a bank in LONDON, United Kingdom. The register names FCA as its regulator and shows the licence as registered. Established 2010. Collected from open registers.

On its own website: “Freemarket is the global payments network for fast, secure, borderless money movement. 30+ currencies, stablecoin, FX & liquidity. FCA-regulated.”

Legal name
FREEMARKETFX LIMITED
Regulated by
FCA
Licence confirmed
yes, on a regulator's own list
Established
2010
LEI
213800641NEEA3KG9K90
Website
www.wearefreemarket.com/

Scores, 0 to 10

6.0United Kingdom
Licensed and operating in its home country per the register entry; the depth of its offer here has not been checked yet. · source
6.0Financial strength & stability
Holds a banking licence, so it can hold deposits and run payments; the actual terms have not been checked yet. · source
5.0Lowest fees
Holds a banking licence, so it can hold deposits and run payments; the actual terms have not been checked yet. · source
5.0Best interest on business balances
Holds a banking licence, so it can hold deposits and run payments; the actual terms have not been checked yet. · source
5.0Trade, manufacturing & import-export
Holds a banking licence, so it can hold deposits and run payments; the actual terms have not been checked yet. · source
4.5Fast digital onboarding
Holds a banking licence, so it can hold deposits and run payments; the actual terms have not been checked yet. · source
4.0Cross-border payments, FX and multi-currency accounts
Its own business page names SWIFT, so payments can leave the country. The score stops at 4.0 because the page did not give the currencies the account holds or the margin on the exchange rate, and the rubric needs both to go higher. · source

Sources

Built on public information and the BankStore team's own aggregated experience; no confidential client or partner data. Bank Index and BankStore are not banks. This is information, not financial advice.