Petition · HM Treasury
Require FCA regulation of proprietary trading firms operating in the UK
Open for signatures
24 signatures
What the petition asks
Proprietary trading firms offering funded accounts operate widely in the UK without FCA regulation. Many charge high upfront fees, impose restrictive conditions, deny payouts, and ban customers after taking thousands of pounds, using vague terms that allow payouts to be refused for almost any reason
These firms market themselves to retail traders as legitimate opportunities but operate without FCA oversight or consumer protections. Customers risk losing large fees with no recourse when payouts are denied or accounts closed under vague terms. Regulation would improve transparency, prevent unfair practices, and protect UK consumers from financial harm
Timeline
| 26 Jan 2026 | Petition opened for signatures |
Key facts
Signatures
24
Status
Open for signatures
Department
HM Treasury
Opened
26 Jan 2026
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Source: the official petition page. Last checked 26 Jul 2026.