Overview

BP PRIME is a world-leading provider of online trading services for Forex, CFDs and Commodities. We connect our clients to top-tier liquidity providers and market-leading aggregation and processing technology – offering best-in-class service, insight and execution. At BP PRIME, we are licensed by the Financial Conduct Authority and are headquartered in London, with branches and joint ventures across the globe.

  • About Us
  • Management Team
  • Regulation and Licensing

Our values

In Chinese culture, the pearl has been a valued symbol dating back to their earliest civilisation. It symbolises prosperity, integrity, protection and wisdom through experience. With our understanding of Chinese culture, we incorporated the business and originally chose to be founded as Black Pearl Securities, where we made it the core symbol of our business and our ethics.

Today, at BP PRIME, we put our expertise and experience at our client’s service, whilst giving protection to their capital. Our core values of integrity, client satisfaction, innovation and intellect are as true today as they were when we were founded and are what help to differentiate us from our competitors.

What we offer

We are expert intermediaries for our private, professional and institutional clients and the liquidity providers who buy and sell. Our deep relationships with both technology companies and liquidity providers mean we can offer tight spreads, market depth and speed of execution at competitive pricing. As a fully licenced company that is fully authorised and regulated by the Financial Conduct Authority, our clients can be confident that their capital is secure.

Why trade with BP Prime?

  • Market leading commissions
  • Secure low latency execution
  • Elite trader tools with white label opportunities
  • FCA regulated
  • Dedicated 24/6 Customer support

Who we are

BP PRIME was founded by Forex industry experts and traders in 2013 as Black Pearl Securities Ltd. Our aim was to transform online trading, by creating a world-leading experience that our clients could trust. We are headquartered in London, with an ever-increasing number of employees across the globe. Our founders are now our management team and are still responsible for the strategic direction and day-to-day operations of the business.

Francesco Porcu, CEO

Our founder and CEO, Francesco understands what it takes to succeed in the competitive FX broking sector. He previously co-founded Hantec Markets Ltd, and played a key role in growing the company as Global Head of Sales, leading on the business plan and sales strategy. He has a deep understanding of liquidity aggregation having managed FX flow on margin and institutional business for Market Securities, part of the Kyte group. He also managed risk for the firm, handling all of its real-time trade reconciliation. As CEO of BP PRIME, Francesco is dedicated to delivering the company’s long-term strategy and creating lasting shareholder value.

Keith McCulloch, IT Director

Keith is a strategic IT leader whose career includes 12 years developing specialist support and solutions for electronic trading. He has worked as head of IT at several broking firms, providing expert technical assistance for a variety of trading platforms and systems. Keith also has extensive operational experience of integrating IT systems into business processes to deliver commercial value. As IT Director for BP PRIME, he is committed to delivering practical innovations that improve the trading experience.

Gary Sinclair-House, Compliance Manager

Gary has an exceptional understanding of the finance industry gained over 20 years, including extensive experience as a multi-asset class trader for a range of London-based firms. He has also pioneered education for traders, authoring several courses which are now approved UK qualifications up to undergraduate level. He later served as COO of Saxon Financials where he managed the compliance function as well as the company’s global risk, HR and trading teams.

We are authorised and regulated by the FCA

BP PRIME is a trading name of Black Pearl Securities Limited (company number 08823678). We are authorised and regulated by the Financial Conduct Authority (FCA), the independent watchdog that regulates financial services in the UK. You can look us up on the Financial Services Register by visiting the FCA Website. Our Financial Services Register Number is 688456 and our registered address is St Magnus House 3, Lower Thames Street, London EC3R 6HD, United Kingdom.

Meeting our FCA requirements

We comply fully with all the requirements the FCA places on us as a licensed financial services provider. This includes meeting strict capital adequacy requirements and implementing FCA-approved procedures for managing risk, training staff, accounting and internal audits.

Operating honestly and fairly

We’re committed to fulfilling the FCA principle that financial firms should ‘pay due regard to the interest of its customers and treat them fairly’. We aim to deal honestly and transparently with you, from the first time you contact us right through to after-sales service and handling complaints – see below.

Restricted countries

BP PRIME does not offer its trading services in certain countries, either because restrictions and sanctions apply or for other legal or administrative reasons. These countries include: the United States, Japan, Afghanistan, Algeria, Angola, Bosnia and Herzegovina, Cuba, Guyana, Iran, Iraq, Lao PDR, Myanmar, North Korea, Papua New Guinea, Sudan, Syria, Uganda and Yemen. The information on this website is not intended for distribution to, or use by, any person in any country or jurisdiction where it would be contrary to local law and regulation.

Complaints

We hope you’ll never have reason to complain about our service. But if you do, we promise to deal with you promptly and fairly, in line with FCA guidelines. You can contact our complaints handling and compliance team at compliance@bpprime.com. We always take your feedback seriously and often make improvements based on the issues you raise.

Financial security

When you trade with us, you can be sure the only risks you take are on the market. We are authorised and regulated by the FCA and take strict measures to ensure that your capital is protected and ringfenced until you close your position.

Regulatory capital

We fully comply with FCA requirements on capital adequacy. We make sure the business is well-funded at all times with enough resources to remain financially stable and cover any contingencies.

Segregation of funds

Whenever you place money with us, it is ringfenced in a segregated client trust account with the NatWest bank, one of the UK’s largest retail and commercial banks. This means you investment is always protected until you close your position.

Investor protection

All of our global clients are covered by the UK’s Financial Services Compensation Scheme (FSCS). The FSCS steps in to protect investors when financial firms fail. If this were to happen, any investment you have with us would be protected up to £50,000. Find our more at: www.fscs.org.uk.