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Licence record
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ICAP FCA licence 124520

Wikilix check
Ended
Issuing authority
Financial Conduct Authority
Jurisdiction
United Kingdom
Licence type
Investment Advisory License
Last checked
Oct 14, 2026

This is Wikilix's record of a licence issued by Financial Conduct Authority. It sets out what the register says, what we checked, and what the authority's own rules protect.

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RecordModified Nov 3, 2026

Licence Verification Record

Financial Conduct Authority 124520

Wikilix read the FCA register on Oct 14, 2026. This is what it said.

Issuing authority
Financial Conduct Authority logoFinancial Conduct Authority
Name on the register
The Link Asset and Securities Company Limited
Jurisdiction
United Kingdom flagUnited Kingdom
Licence type
Investment Advisory License
Effective
Dec 1, 2001
Register status
Authorised
No longer in force

Checked Oct 14, 2026

A licence record describes what an authority published. It is not an endorsement, and Wikilix does not issue authorisations.

wikilix.com/brokers/icap/licenses/financial-conduct-authority/124520Fields on file 10 / 11

Our check
Checked

What we checked

This licence is no longer in force, or the register did not carry it when we looked.

Wikilix check
Ended
Authority strength
Tier 1
Jurisdiction
United Kingdom
Last checked
Oct 14, 2026
Register says
Authorised

Finding

A full UK investment firm authorisation held by TP ICAP Markets Limited, the group's principal broking entity, covering dealing in investments as agent and principal in wholesale markets. Client protection: Strong supervision, with Financial Ombudsman and Financial Services Compensation Scheme routes available for covered activities, though the register notes some activities may not be protected. Effective: 01 Dec 2001.

Verification note

The FCA register lists the licence under The Link Asset and Securities Company Limited (Regulated). Licence number: the record's "Firm reference number 186764" matches the broker's FCA licence number (186764). Corroborated on the register itself by the record's registered address "135 Bishopsgate, London, EC2M 3TP, UNITED KINGDOM", which is the same address and postcode shown on this register for the broker's corporate entities ICAP Global Derivatives Limited (FRN 191757), TP ICAP Markets Limited (124520), TP ICAP Broking Limited (154234) and TP ICAP MTF LIMITED (124341), and by the record's printed complaints contact email "marius.floca@tpicap.com". The record's website (www.linkbrokers.co.uk) is not on the broker's main website domain (icap.com). The registered company number 03454743 and the entity name are not among the broker's listed companies, so neither the website nor the company confirms the match.

In detail
Updated

About this FCA licence

What this authorisation is, what it establishes, and what it leaves open.

Firm reference number 186764 on the Financial Services Register of the United Kingdom's Financial Conduct Authority (FCA) is held by The Link Asset and Securities Company Limited rather than by the ICAP brand itself. The register records that firm's status as No longer authorised, since 09/08/2023.

The FCA is the statutory conduct regulator for financial services firms in the United Kingdom, and this register is its public record of the firms it has authorised. The entry classifies the firm's Type as Regulated, which means it held permissions in its own right rather than acting as an appointed representative under another firm's authorisation. Since the authorisation has ended, the register publishes no schedule of regulated activities for it.

A register entry records authorisation status only. It is not a statement about a firm's solvency or conduct, and an ended entry does not carry across to other companies in the same group. Several TP ICAP companies appear on this register under their own reference numbers and their own statuses, so this entry speaks for the named firm alone.

The record gives the firm name, reference number 186764, registered company number 03454743, an address at 135 Bishopsgate, London EC2M 3TP, United Kingdom, the telephone number +4402070005000 and the website www.linkbrokers.co.uk. Its status block showed No longer authorised with the date 09/08/2023 and the Type Regulated. No expiry date appears anywhere on the record, which is normal for a United Kingdom authorisation, and no permissions are listed.

Anyone can confirm this by searching 186764 at register.fca.org.uk and opening the firm result, which carries the same status block. The position would change if the FCA granted this entity a fresh authorisation or if the name on the register changed. Any other company in the group needs its own check against its own reference number.

Written from what the issuing authority's own register published when we last read it. It describes a record, not the firm's conduct, and it is not advice.
The register

What the authority publishes

Printed as the register prints it. A field that is missing here is one nobody has recorded, not one the register leaves blank.

Licence number
124520
Issued to
The Link Asset and Securities Company Limited
Licence type (Wikilix classification)
Investment Advisory License
Register status
Authorised
Effective from
Expires
No expiry shown
Registered address
135 Bishopsgate London EC2M 3TP UNITED KINGDOM
Telephone
+4402070005000
The authority

About FCA

Financial Conduct Authority is the authority that issued this licence, and the jurisdiction it applies in is United Kingdom.

Full name
Financial Conduct Authority
Jurisdiction
United Kingdom
Strength
Tier 1The strictest regimes: high capital requirements, segregated client money and a compensation scheme.
Established
2013
Oversight
A government or statutory body
Firms we track under it
108 firms
Regulates
Forex, Bond, Stocks, Fund, Options, Derivatives, Commodity, Loan, Retail Investment
Licences it issues
MiFID Investment Firm – Dealing on Own Account / Matched Principal (retail & market-making CFDs)
Typical cost of a licence
£100000+ (including compliance setup)
Public register
Searchable by the public
Transparency
High
Protection

What this licence protects

FCA's own rules for the firms it authorises.

  • Compensation schemeUp to £85000 (FSCS)
  • Client money kept separate
  • Negative balance protection
  • Complaints routeFinancial Ombudsman Service
  • Maximum leverage1:30
This licence is not in force, so these protections do not apply to it. They describe FCA's regime for the firms it currently authorises.
The holder

Who holds this licence

The licence above is recorded against ICAP. A licence is issued to a legal company, so the companies below are what you would search a corporate register for.

ICAP logo
Broker
TP ICAP Group plc
Named on the register
The Link Asset and Securities Company Limited
Based in
United Kingdom
Operating
Above 20 years
Wikilix score
90.6the firm’s overall score, not a rating of this licence

Recorded companies

None of these matches the name the register printed, so we do not say which one holds this licence.

  • TP ICAP Group plcJersey · Reg. 130617
  • ICAP Global Derivatives LimitedUnited Kingdom · Reg. 03635229
  • TP ICAP Broking LimitedUnited Kingdom · Reg. 2670499
  • TP ICAP Commodities LimitedUnited Kingdom · Reg. 02533369
  • TP ICAP E&C LimitedUnited Kingdom · Reg. 966604
  • TP ICAP Markets LimitedUnited Kingdom · Reg. 00500777
  • TP ICAP MTF LimitedUnited Kingdom · Reg. 01852009
  • TP ICAP (Europe) S.A.France
  • TP ICAP Global Markets Americas LLCUnited States
  • ICAP Energy ASNorway · Reg. 971072032
Provenance

Where this record came from

Every date below has already happened. We do not publish a promised next-update date, because we do not schedule per-licence re-checks.

Official source
The issuing authority’s registerPublished by the authority, not by Wikilix.
Last checked by Wikilix
Record last edited
When this entry was last changed in our database, which may be a correction rather than a change at the register.
Wikilix records what an authority published. It does not issue or endorse authorisations.
Also on record

Other licences ICAP holds

7 other licences are on record for ICAP.

Frequently Asked Questions

Questions about this licence

Answered from this register entry and the authority’s own record.

Most Popular Questions
Licence 124520 was issued by Financial Conduct Authority (FCA), the financial authority for United Kingdom.
ICAP holds this FCA licence. A licence on record means the authority published an entry; it is not an endorsement.
We located this entry on the FCA register. Note that confirming a register ENTRY is not the same as confirming a live licence — the register’s own wording on this page is what states its current standing.
The FCA register prints it under The Link Asset and Securities Company Limited, not ICAP. Licences are often held by a subsidiary rather than the trading brand, which is why searching a register for the brand alone can return nothing.
Wikilix rates FCA tier 1 — the strictest band, with high capital requirements, segregated client money and a compensation scheme.
This page links straight to the FCA register. Search it for 124520, and for the name The Link Asset and Securities Company Limited rather than the trading brand.
ICAP has 7 other licences on record with Wikilix, across 3 jurisdictions. They are listed further down this page.
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