Regulatory Information for World First UK Limited

Registered Address:
World First UK Limited
Regent House
16-18 Lombard Road
London SW11 3RB

Place of Registration: London

Tel: 020 7801 9080

World First UK Limited has been incorporated under the Companies Act 1985 as a private limited company since 21 January 2004. Company number: 05022388. You can visit the Companies House website to access their Web Check service.

World First is regulated by HM Revenue & Customs as a Money Services Business in relation to the execution of spot and forward foreign exchange transactions. Our Registration Number is 12164508. This can be verified with them by calling 0845 010 9000. They will also ask for the postcode for our registered office, which is SW11 3RB.

Through this we follow a strict code which incorporates all the requirements of the 2007 Money Laundering Regulations and other legislation. We maintain strict security, documentation and audit processes.

World First UK Limited is authorised and regulated by the Financial Services Authority ("FSA") as an Authorised Payment Institution. World First UK Limited's FSA Firm Reference number is 502759. Payment Institution status stipulates that all client funds must be held in a segregated account. The FSA guarantees that no creditor can claim funds held in segregation. All funds sent to us are held in segregated accounts that are only used for client transactions and are totally independent of World First's business accounts. No lien is held over funds in these accounts.

World First Markets Limited is regulated to execute foreign exchange spot, forward and option transactions.

World First UK limited is only regulated to execute spot and forward foreign exchange transactions.

Regulatory Information for World First Markets Limited

World First Markets Limited is authorised and regulated by the Financial Services Authority ( "FSA") to provide advice on and execute trades in derivatives. World First Markets Limited's FSA Firm Reference Number is 477561. This can be verified by accessing the FSA Register at http://www.fsa.gov.uk/Pages/register/ or telephoning the FSA on +44 (20) 7066 1000.

Please note that some of the activities or products referred to on this website, such as the execution of spot foreign exchange trades, do not fall under the remit of the FSA and as such you will not be afforded the regulatory protections of the FSA if entering into such transactions, including the right to refer a complaint to the Financial Ombudsman Service and the right to compensation under the Financial Services Compensation Scheme.

Investing in any of the hedging strategies contained on this website involves certain risks, for example that the exchange rate at expiry of the contract is less favourable than if you had entered into a forward contract or entered into a hedging strategy at all. Please ensure that you fully understand these risks before investing. If you are in any doubt as to the nature of these risks, please speak with an advisor at World First Markets Limited or your financial adviser.

There are a number of charges that we will levy if you enter into a hedging strategy. The nature of these charges depends upon the specific strategy, but may include an upfront premium and / or a share of any movement in the spot exchange rate upon expiry of the contract. We recommend that you read carefully the details of these charges which are set out alongside the description of each strategy. Please note that we act as a matched principal broker in foreign exchange derivatives and will not charge you a commission. We generate some of our revenue in the difference between the price that we provide to our clients and the price we receive from one of its banking partners, with whom we match trades. Your adviser at World First Markets Limited can explain to you in more detail how the revenues and charges come about.

For your protection, telephone calls are usually recorded.