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  1. 01Data
  2. 02Source
  3. 03Verification
A

Sample Financial Institution

Broker · United Kingdom

Last checked: 23.09.2026
REGULATIONOfficial record verified

The licence number and scope are matched directly against the regulator’s source.

● Official source
USER FEEDBACKRecurring topics

Topics such as withdrawals, support and trading conditions are grouped by period.

● Verified platform record
COMPANY STATEMENTData disclosed by the company

The company’s own statements are shown separately from independent verification.

● Statement
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SGM-FX

E-money institution · United Kingdom

About the company

Legal company nameSGM - Foreign Exchange Limited · SGM Foreign Exchange Malta Limited
Year founded2002
Headquarters / registered countryLondon, United Kingdom
Websitewww.sgm-fx.com
Last checked08.10.2026

According to its official website, SGM-FX is an independent foreign exchange company set up in 2002; from offices in the United Kingdom and Malta it provides foreign exchange and international payment services to businesses and private clients worldwide. It highlights a dedicated account manager for every client and a bespoke service; products include spot trades, forward contracts from one week to one year, limit and OCO orders, time options and FX swaps, and it says it also handles corporate needs such as international payroll. Funds are sent by CHAPS, BACS, SEPA or Faster Payments, and the company does not sell cash or travellers cheques. The site states that SGM - Foreign Exchange Limited is authorised by the FCA under the Electronic Money Regulations 2011 to issue electronic money (FRN 1012490) and that its Malta company (company no C 94607) is authorised by the Malta Financial Services Authority (MFSA) to provide payment services under the Financial Institutions Act (authorisation no SFEM-FILI-17003). This information is the company's own statement.

Account Details

ACCOUNT TYPESPrivate and business clients
MIN. DEPOSITNot stated
PLATFORMSOnline registration and trading portal · Account manager (phone)
PRODUCTSSpot FX · Forward contracts · Limit and OCO orders · Time options · FX swaps · International payments

Licences and regulation

FCA (United Kingdom)

Licence no.FRN 1012490
Licence holderSGM - FOREIGN EXCHANGE LIMITED
ScopeListed in the FCA register as an Authorised Electronic Money Institution under SGM - FOREIGN EXCHANGE LIMITED (FRN 1012490) since 3 Apr 2025.
StatusVerified

MFSA (Malta)

Licence no.SFEM-FILI-17003
Licence holderSGM Foreign Exchange Malta Limited
ScopeThe company states that its Malta company (company no C 94607) is authorised by the MFSA as a payment institution under the Financial Institutions Act (SFEM-FILI-17003). The record could not be verified because the MFSA register could not be read.
StatusPending verification

Sources and verification history

Official company sourcessgm-fx.com — homepage, Business and Services pages, FAQ, footer
Regulator recordsFCA — SGM - FOREIGN EXCHANGE LIMITED, FRN 1012490 (register.fca.org.uk)
Company registerCompanies House — SGM - FOREIGN EXCHANGE LIMITED, company no 04529539, incorporated 9 Sep 2002
User feedback sourcesTrustpilot · Şikayetvar · WikiFX
Last verified08.10.2026

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