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STUDY RECORD · last re-checked 2026-09

Advanced Markets (AMGFX / Advanced Markets Group)institutional liquidity provider

Advanced Markets (UK) Ltd is a FCA-regulated provider of wholesale prime-of-prime FX liquidity, established in 2018. It serves professional clients, including banks and hedge funds, but does not cater to retail clients. The firm operates under a tier 1 FCA licence, which allows it to offer services in the UK market.

Advanced Markets (UK) Ltd · 10 John Street, London WC1N 2EB, UK (Advanced Markets (UK) Ltd); group owned by Advanced Markets LLC, Charlotte, NC, USA · evidence score 76/100

Licence, read on the register

RegulatorLicence numberJurisdictionTierSource
FCA777739UKtier-1open source

Tier classification follows the same scale as the retail register: tier-2 means real supervision and client-money segregation, without an investor compensation scheme — never misread it as tier-1 protection.

What this record teaches

Four reading skills, each anchored to something the firm actually published.

  1. 01Teaching pointAdvanced Markets operates under FCA tier 1 license, ensuring high regulatory standards.
  2. 02Teaching pointThey provide wholesale prime-of-prime FX liquidity to banks and professional clients only.
  3. 03Teaching pointRetail clients are explicitly refused service, adhering to strict client perimeter policies.

Claims ledger

Claims specific enough to be falsified — and the ones that remain the venue's own measurement.

Testable claims

  • Advanced Markets (UK) Ltd is authorised and regulated by the FCA, Firm Reference Number 777739 (UK company 10671764, 10 John Street, London WC1N 2EB) — own site footer/legal text
  • Standard Chartered Bank provides prime brokerage services to Advanced Markets entities — own press release on advancedmarkets.com
  • Website owned by Advanced Markets LLC (US registration L08000063350, Charlotte NC) which itself 'does not solicit or provide any regulated activities' — own footer
  • FCA-regulated since 2018 — own site text

Claims we cannot verify from outside

    Perimeter and coverage

    Asset classesVenuesConnectivityClients acceptedExplicitly refused
    FX spot, CFDsFIX API, third-party platform/bridge integrations (MT4/MT5 per own partners section)Banks, Brokers, Hedge funds, Professional clients / Eligible CounterpartiesRetail clients (Professional or Eligible Counterparty only per own legal text), Jurisdictions under comprehensive sanctions or FATF high-risk 'Call for Action' lists (own policy)

    A firm that publishes its own negative space — who it refuses, where it is not licensed — is materially easier to diligence than one that doesn't. The refusal list is treated here as a disclosure, not a defect.

    Self-check

    Answer these before you consider the record read. If you cannot, re-read the licence and the claims ledger — the answers are all in what the firm published.

    1. What type of clients does Advanced Markets serve according to their policies?
    2. Which regulatory body oversees Advanced Markets (UK) Ltd's operations?