Capital.com, the London-based retail currency pairs and CFDs broker, has suspended the new client registrations in the UK.
Currently, if you select your Residency&Nationality as the United Kingdom on Capital.com's registration page, you will be prompted with a message: "We have made the decision to pause onboarding new clients in the UK for now. We have grown rapidly as a business and we want to make sure that all our systems, controls, products, and services are provided to the high standards that are demanded by our clients, management, shareholder and regulators."
However, existing UK customers are able to access their accounts and trade.
The reason for the suspension of the registration for UK clients is not yet clear, and the broker has not disclosed any specific plans or date for resumption of the service.
Capital.com, founded in 2016, is a well-known provider of trading services in the forex industry. This company is regulated by the Cyprus Securities and Exchange Commission (CySEC), the UK's Financial Conduct Authority (FCA) and the Australian Securities and Investments Commission (ASIC). Currently, there are no anomalies in the company's registration status with the UK FCA.