Profile rates
Data-derived · A is broadestThree named tiers comparing this institution against the rest of the European register.
- Reach
- DomesticTier D
- Scope
- SpecialistTier C
- Tenure
- NewTier D
No EEA passporting on record.
Authorised for 2 payment-services activities.
Authorised under 2 years ago.
About this institution
Verified active. OPENFX UK LTD holds a current UK e-money licence issued by the Financial Conduct Authority. The licence, reference 1035264, authorises safeguarding of customer funds and issuance of electronic money.
No EEA passporting is recorded for this licence. Thus, the licence is confined to operations within the United Kingdom.
The licence-granted date is 24 October 2025. The Financial Conduct Authority lists reference 1035264 for OPENFX UK LTD, confirming its active status.
Licence timeline
4 dated eventsDated events for Openfx UK Ltd, from the register record and this directory’s daily cross-checks. Status changes are recorded as they are observed.
Cross-checked against the Financial Conduct Authority register
Automated daily verification of licence status and reference.
First verified and added to this directory
Appeared in the register feed
Recorded as Small EMI.
Small EMI registration granted by the Financial Conduct Authority
Position in the United Kingdom register
United Kingdom EMIs
477
Active
291
Full / small licences
405 / 72
Licence age rank
266/291
Openfx UK Ltd is one of 477 e-money institutions on the United Kingdom register, 291 of which are currently active. Its licence is the 266th oldest of the 291 dated United Kingdom EMI authorisations, one of 20 granted in 2025. As a small-EMI registration it operates domestically only - 72 of the 477 United Kingdom entries use this lighter regime.
Is your money safe with Openfx UK Ltd?
Openfx UK Ltd holds a small-EMI registration from Financial Conduct Authority, which means client money must be safeguarded: held separately from the firm's own funds at a credit institution, or covered by an equivalent insurance policy. E-money is not a bank deposit - it is not covered by the FSCS, so there is no automatic compensation payout if the firm fails.
If an authorised EMI becomes insolvent, safeguarded funds sit outside the insolvency estate and are returned to customers by the administrator - repayment can take time, and administration costs may be deducted along the way. Small-EMI regimes are national and domestic-only; the exact safeguarding arrangements are worth confirming with the firm and its regulator.
Authorised activities (PSD2 / EMD2)
Payment-services activities Openfx UK Ltd is permitted to carry out under its licence, as recorded in the register.
- Safeguarding of customer fundsSAFEGUARDING
- Issuance of electronic moneyEMI_ISSUANCE
Frequently asked questions
- Is OPENFX UK LTD a licensed e-money institution?
- Yes. OPENFX UK LTD holds Small EMI authorisation from Financial Conduct Authority in United Kingdom, licence reference 1035264. Its authorisation is currently active and is cross-checked against the FCA Financial Services Register.
- Who regulates OPENFX UK LTD?
- OPENFX UK LTD is authorised and supervised by Financial Conduct Authority in United Kingdom. Its e-money licence and current status are listed on the FCA Financial Services Register at register.fca.org.uk.
- What is OPENFX UK LTD's licence or FRN number?
- OPENFX UK LTD's licence reference number is 1035264. Enter it on the FCA Financial Services Register at register.fca.org.uk to confirm the institution's identity and that its authorisation is in force.
Sourced from the FCA Financial Services Register and the EBA EUCLID register; cross-checked daily.
Other licensed institutions in United Kingdom
Ratings & reader notes
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