First Equity provides several measures to protect their clients' funds. Firstly, all client money is held in segregated client bank accounts, separate from the company's own funds. These accounts are designated as trust accounts and are managed by Jarvis Investment Management Limited (JIM), acting as the custodian and settlement agent for First Equity.
The use of these client bank accounts is subject to the Financial Conduct Authority's Client Money Rules. These rules provide a regulatory framework designed to protect client assets, ensure the safekeeping and proper handling of client money, and provide redress mechanisms in the event of any issues. They include requirements for the timely and accurate accounting for client money, protection against misuse or misappropriation, and the provision of information to clients about their assets and the services provided.
What are Securities to Trade with First Equity？
First Equity offers a variety of investment products, including shares, investment trusts, unit trusts, corporate and government bonds.
- Stocks and Shares ISAs: These are tax-efficient investment accounts designed to protect your investments from Capital Gains Tax (CGT) and offer tax advantages for the income generated. They provide a range of investment opportunities and allow you to control your savings planning by choosing how to invest and manage your savings over time. The maximum contribution into ISA is £20,000.
- SIPPs (Self-Invested Personal Pension): SIPPs are personal pensions that offer tax relief on contributions and give you more control over saving for retirement. With a SIPP, you have the freedom to choose how to invest your retirement savings and manage them over time.
- Enterprise Investment Scheme (EIS): EIS is a government scheme that provides tax reliefs for investors who subscribe for qualifying shares in qualifying companies. It sets a top limit of £20m and up to £10m in a single tax year.
- Venture Capital Trusts (VCT): VCTs are similar to EIS and offer tax reliefs for investors who subscribe for qualifying shares in qualifying companies. They provide opportunities for investors to support smaller capitalised companies and participate in fund raising.
- ETFs (Exchange Traded Funds): ETFs are index tracking funds that trade on exchanges like the London Stock Exchange. They offer ready-made diversification and simplicity of shares, allowing investors to track the performance of an index, market, sector, commodity, bond, or currency. ETFs offer access to equity, bonds, property, commodity baskets and money markets.
- ETCs (Exchange Traded Commodities): ETCs are investment vehicles that track the performance of underlying commodities or baskets of commodities such as energy, precious metals, softs, and agricultural products. ETCs offer access to precious metals (Gold, Silver etc), single commodities (Oil, Metal, Agriculture) and commodity baskets.
Additionally, they offer access to IPOs, placings, and accelerated book builds, particularly for smaller capitalized companies. These services are available to professional investors, High Net Worth individuals, and Self-Certified Sophisticated investors, with a minimum dealing ticket size of £5,000.
First Equity Accounts
First Equity offers ISA account, non-SIPP First Equity investment accounts and so on.
- ISA Account: This account allows individuals to invest in a tax-efficient manner. Contributions made to an ISA account are not subject to capital gains tax or income tax. Additionally, dividends received within the ISA are tax-free under the dividends allowance, and there is no income tax on interest from corporate bonds held within the ISA.
- Non-SIPP First Equity Investment Accounts: These are investment accounts offered by First Equity that are not classified as Self-Invested Personal Pensions (SIPPs). While they may not have the same tax advantages as ISAs, they still provide individuals with opportunities to invest in various financial products such as shares, investment trusts, unit trusts, corporate and government bonds, among others. These accounts are subject to regular taxation rules.
First Equity Fees Review
ISA:
Maximum contribution: £20,000
Top limit: £20m
Up to £10m allowed in a single tax year
Available for smaller capitalized companies
Minimum dealing ticket size: £5,000
Customer Service
Customers can visit their office or get in touch with customer service line using the information provided below:
Telephone: PRIVATE CLIENT: 020 7330 1890
INSTITUTIONAL: 020 7374 2226
CORPORATE: 020 7330 1883
Email: enquiries@firstequitylimited.com
Address: Salisbury House, London Wall, London EC2M 5QQ
First Equity offers online messaging as part of their trading platform. This allows traders to communicate with customer support or other traders directly through the platform. Online messaging can be a convenient way to get real-time assistance or to engage in discussions with fellow traders.
Conclusion
In conclusion, First Equity offers a set of investment services tailored to meet the needs of both institutional and private clients. With a focus on client protection and regulated by FCA, access to global markets, and a wide range of investment products, First Equity provides a compelling option for those seeking personalized and comprehensive investment solutions. Overall, it is suitable for professional clients to accommodate their different services and products.
Frequently Asked Questions (FAQs)
Is First Equity safe to trade？ Yes. It is regulated by FCA and it provides many security measures.
What markets can clients trade in with First Equity？ In Europe: Austria, Belgium, Denmark, Finland, France, Germany, Italy, Netherlands, Norway, Spain, Sweden, Switzerland, UK and equities and bonds settling in Clearstream and Euroclear. In Asia-Pacific: Australia, Hong Kong, Japan, Singapore. In Africa: South Africa. In America: Canada, USA.
How can I withdraw money from First Equity？ You can withdraw via post, email or fax.
Can clients sell/close unsettled purchases？ Yes, provided the market permits extended settlements such as the London Stock Exchange. Please note that proceeds cannot be withdrawn until the settlement date.
Risk Warning
The information provided is based on WikiStock's expert evaluation of the brokerage's website data and is subject to change. Besides, online trading entails substantial risks, potentially leading to total loss of invested funds, so comprehending associated risks before engaging is crucial.
1のFX会社席がある
