Structured comparison · last re-checked 2026-09
iSAM Securities
Evaluate iSAM Securities against other prime-of-prime providers and direct venue memberships for liquidity access.
iSAM Securities (UK) LimitedLondon, GB · Non-bank market makerEvidence score 76/100last re-checked 2026-09
76Evidence score/100
not examinedVenues
see recorded fieldsConnectivity
see recorded fieldsAsset classes
01
Licence, read on the register
Tier classification follows the same scale as the retail register: tier-2 means real supervision and client-money segregation, without an investor compensation scheme — never misread it as tier-1 protection.
| Regulator | Licence number | Jurisdiction | Tier | Source |
|---|---|---|---|---|
| Securities and Futures Commission (Hong Kong) | BOL486 · authorised · checked 2026-09 | HK | tier-1 | https://apps.sfc.hk/publicregWeb/corp/BOL486/details |
| Financial Conduct Authority (UK) | 629586 · authorised · checked 2026-09 | GB | tier-1 | https://register.fca.org.uk/s/firm?id=001b000000aQtrqAAC |
Source: isam-securities.com · open source ↗
02
The comparison ledger
Where the model wins, where it merely competes, and which claims a counterparty can actually test.
A
Wins where
- Institutional FX trading needs
- Prime services for banks and brokers
B
Merely competes where
- Single prime brokers
- Multi-PoP setups
- Direct venue memberships
C
Testable claims
D
Claims we cannot verify from outside
03
Perimeter and coverage
| Asset classes | Venues | Connectivity | Clients accepted | Explicitly refused |
|---|---|---|---|---|
| FX: yes, Metals: yes, Indices: yes, Commodities: yes, Crypto: yes | not examined | FIX API: yes, MetaTrader 4 bridge: yes, MetaTrader 5 bridge: yes, apex_bridge: yes, proprietary_gui: yes | retail_broker, hedge_fund, asset_manager, prop_trading_house, family_office, bank, corporate | not examined |