Regulatory & Security.
Our Regulatory Status
Stately FX Limited is a company registered in England and Wales (Company No. 14292749), with its registered office at 45 Chesham Lane, Chalfont St Peter, Gerrards Cross, Buckinghamshire, SL9 0PH. Stately FX acts as an introducer appointed representative of Ebury Partners UK Limited.
All payment and foreign currency exchange services offered through Stately FX are provided by Ebury Partners UK Limited, an Authorised Electronic Money Institution regulated by the Financial Conduct Authority (FCA) under firm reference number 900797. You can verify this registration on the FCA Financial Services Register at register.fca.org.uk.
Our Partnership with Ebury
Stately FX has entered into a formal Programme Manager Agreement with Ebury Partners UK Limited. Under this agreement, Stately FX introduces clients to Ebury, who then provides regulated payment and foreign exchange services directly. The services are delivered under the Stately FX brand, with Ebury acting as the regulated counterparty for all transactions.
Ebury Partners UK Limited is also registered with the Information Commissioner's Office (ICO) under registration number ZA345828. Ebury Partners Markets Ltd is separately authorised and regulated by the FCA as an Investment Firm to provide advice and execute trades in FX Forwards (Reference No. 784063).
Safeguarding of Client Funds
As a licensed Electronic Money Institution, Ebury has a legal obligation to safeguard all client account balances. In the unlikely event that Ebury were to cease trading, client funds held in safeguarded accounts are ring-fenced and protected from Ebury's other creditors - giving you peace of mind that your funds are secure.
Ebury satisfies its safeguarding obligations by segregating client funds in designated safeguarding accounts held with Tier 1 banks, currently including Barclays, Citi, JPMorgan and Bank of America. These institutions are selected and regularly reviewed based on reputational risk, agency ratings, service capabilities and local market presence.
Funds are reconciled immediately at the point of receipt, ring-fenced within one business day, and Ebury performs daily safeguarding calculations in accordance with the FCA Electronic Money Regulations and the European Payment Services Directive II (PSD2).
Margins & Deposit Guarantee Scheme
Margin payments transferred to Ebury operate under title transfer collateral arrangements for the purpose of securing performance of financial obligations. As such, ownership of margin funds transfers to Ebury on receipt. In the event Ebury were to cease trading, the provider of margin would generally be an unsecured creditor in respect of those funds.
Because Ebury operates as an Electronic Money Institution, it does not fall under any relevant banking deposit guarantee scheme, including the Financial Services Compensation Scheme (FSCS).
Capital Adequacy & Internal Controls
As a regulated entity, Ebury is required to meet FCA standards of good market practice. Capital requirement levels are based on Ebury's level of activity and are reviewed by the FCA on an annual basis.
Client funds are held in segregated accounts entirely separate from Ebury's own operating accounts, ensuring compliance with the regulatory requirement to keep client funds protected at all times.
Ebury maintains strict governance and operational processes to scrutinise the accuracy of every transaction, with appropriate director-level involvement. Compliance with these governance processes is regularly audited.
Data Protection
Both Stately FX and Ebury are committed to protecting your personal data in accordance with the UK General Data Protection Regulation (UK GDPR) and the Data Protection Act 2018. Ebury follows GDPR guidelines and does not share client information with third parties. All client information is held securely, and client data - whether paper or electronic - is handled in accordance with Ebury's internal guidelines and Privacy Notice.
For information on how Stately FX collects and processes your personal data, please refer to our Privacy Policy.
FX Risk
Foreign exchange transactions involve currency risk. Any money exposed to fluctuations in exchange rates may result in gains or losses. Forward contracts are obligatory - if you enter into a forward contract, you are committed to completing the trade. Cancellations or amendments to forward contracts may incur additional costs, and if the spot market moves unfavourably, a margin call may be issued to cover any out-of-the-money position.
Stately FX and Ebury will ensure you are fully informed of the terms, conditions and risks associated with any transaction before it is executed. If you have questions about FX risk or any of the services available, please contact us at info@statelyfx.com.
Contact
For any questions regarding our regulatory status or the security of your funds, please contact us at info@statelyfx.com.