Clients and service structure
Sections ↑iSAM Securities operates both a liquidity business and technology used by other trading firms. A brokerage using its bridge or analytics does not thereby make iSAM the contracting broker for that brokerage’s end customers. The website is directed at professionals; its published regional restrictions also exclude US persons from several entity routes.[1][2]
Client groups and their stated service routes
| Client group | Published service |
|---|---|
| Brokers and proprietary venues | FX/metals liquidity and brokerage infrastructureSource 3 |
| Asset managers and hedge funds | Institutional liquidity and executionSource 3 |
| Banks, family offices and bullion participants | FX and precious-metals servicesSource 3 |
Liquidity versus software delivery
FX, metals and derivative products
Sections ↑FX and precious-metals coverage
CFD liquidity scope
| Product group | Company description |
|---|---|
| Indices | US, UK, European and Asia-Pacific benchmarksSource 4 |
| Commodities and energy | OTC CFD exposureSource 4 |
| Cryptocurrencies | CFDs, rather than a retail spot exchangeSource 4 |
| Futures on CFDs | Available within existing accounts; this wording does not establish exchange-traded futures accessSource 4 |
The CFD page assigns its offer to the Hong Kong and Global Cayman entities. It also describes an Index Swap API. These product statements should not be carried across to the UK entity simply because all use the same brand.[4]
Pricing and commercial scope
Sections ↑The inspected product pages describe tailored liquidity rather than a universal commission or spread schedule. No public account minimum, monthly Apex subscription or RADAR tariff is established by those pages. Consequently, a numerical retail fee comparison would misrepresent this service.[3][4][6][7]
How the published pricing models differ
| Business | Pricing description |
|---|---|
| Market-making business | Proprietary risk prices informed by flow, inventory and quantitative modelsSource 5Source 4Source 3 |
| CFD liquidity | Variable pricing; Index Swap API is separately describedSource 5Source 4Source 3 |
| FX and metals | Institutional liquidity offering; no universal executable spread quoted hereSource 5Source 4Source 3 |
Execution and Apex trade routing
Sections ↑Execution roles
| Component | Documented role |
|---|---|
| iSAM Securities (UK) Limited | Matched-principal brokerage in its FY2025 prudential disclosureSource 8Source 5Source 6 |
| iSAM Securities Limited | Proprietary market-making businessSource 8Source 5Source 6 |
| Apex | Controls client flow routing between internal books and liquidity providersSource 8Source 5Source 6 |
The FX page’s average 10 ms claim and the market-maker page’s sub-millisecond claim concern different descriptions of the service. Neither supplies an independently reproduced benchmark, a universal end-to-end latency guarantee or a promise that every order fills.[3][5]
Apex routing criteria
Apex reconciliation and records
| Tool | Output |
|---|---|
| Ticket lifecycle | Tracks MetaTrader ticket progressionSource 6 |
| LP Reconciler | Compares expected and actual A-book, B-book and LP positionsSource 6 |
| Book reassignment | GUI changes can align existing position accountingSource 6 |
| ReportServer | SQL and S3 access to trading and pricing dataSource 6 |
RADAR portfolio and flow views
RADAR alerts and execution analysis
| Module | Capability |
|---|---|
| Alerts | More than 20 fields, with acknowledgement and closure workflowSource 7 |
| Peer view | Twenty-day volume and leading long/short currency-pair comparisonsSource 7 |
| Aftermath | Before/after-trade P&L, including USD-per-million views and account/symbol filtersSource 7 |
Collateral and stablecoin margin
Sections ↑The Crypto Margin Facility is described on the FX page as a UK-entity service. It is a collateral route; its presence does not mean every group account accepts cryptocurrency deposits or that iSAM operates a consumer crypto exchange.[3]
Published Crypto Margin Facility scope
Legal entities and regulatory boundaries
Sections ↑UK and Hong Kong company disclosures
Cayman and EU company disclosures
| Entity | Company-stated status |
|---|---|
| iSAM Securities (Global) Limited | Cayman registered personSource 2 |
| iSAM Securities Limited | Cayman registered person; also CFTC CTA/NFA membership disclosedSource 2 |
| iSAM Securities (EU) Limited | Cyprus company explicitly described as unregulatedSource 2 |
A registered-person regime, investment-firm authorisation and an unregulated company are different statuses. The UK disclosure says the firm is permitted to hold client money; that is not evidence of a group-wide compensation limit or insurance guarantee. The linked FY2025 prudential disclosure is not an audited assessment of future solvency.[2][8]
Support and UK complaints
Sections ↑Published service coverage
| Service | Published commitment |
|---|---|
| Apex production engineering | 24/7 support advertisedSource 6Source 9 |
| UK complaints | Prompt written acknowledgementSource 6Source 9 |
| Complaint resolved within three business days | Summary resolution communicationSource 6Source 9 |
| Other UK complaints | Final or holding response within eight weeksSource 6Source 9 |
The UK complaints procedure provides Financial Ombudsman Service escalation only for eligible complainants. Its older postal address differs from the current registered address on the regulatory page, so the current firm contact route should be used for correspondence.[9][2]
Technology responsibilities
Sections ↑Operational responsibility by product
| Product | What it changes |
|---|---|
| Apex | Execution routing and trade-position reconciliationSource 6Source 7Source 8 |
| RADAR | Monitoring and analysis; it does not itself establish execution rightsSource 6Source 7Source 8 |
| Liquidity service | The relevant entity remains responsible under its client agreementSource 6Source 7Source 8 |
Group identity and disclosure history
Sections ↑Corporate and reporting details
| Item | Disclosure |
|---|---|
| UK registered company | 09112124Source 2Source 8 |
| Current UK registered address | 40 Leadenhall Street, London EC3A 2BJSource 2Source 8 |
| Prudential reporting period | Year ended 30 June 2025; document updated February 2026Source 2Source 8 |
| UK RTS 28 reports | Historical material available on request; the firm notes the UK requirement ended in December 2021Source 2Source 8 |
Legal entities & licences
These are source-dated records, not a blanket assessment of the broker. Read each issuer, identifier, status and scope together.
iSAM Securities (UK) Limited
United KingdomSource 2
No separate licence entry is recorded in this panel.
iSAM Securities (Global) Limited
Cayman IslandsSource 2
No separate licence entry is recorded in this panel.
iSAM Securities (HK) Limited
Hong KongSource 2
No separate licence entry is recorded in this panel.
iSAM Securities Limited
Cayman IslandsSource 2
No separate licence entry is recorded in this panel.
iSAM Securities (EU) Limited
CyprusSource 2
No separate licence entry is recorded in this panel.
Sources & further reading
- iSAM Securities liquidity and prime services iSAM Securities · Accessed 26 Oct 2026
- iSAM Securities regulatory information and FCA disclosure iSAM Securities · Accessed 26 Oct 2026
- FX and precious metals iSAM Securities · Accessed 26 Oct 2026
- CFD liquidity iSAM Securities · Accessed 26 Oct 2026
- Market maker iSAM Securities · Accessed 26 Oct 2026
- Apex bridge iSAM Securities · Accessed 26 Oct 2026
- RADAR analytics iSAM Securities · Accessed 26 Oct 2026
- UK MIFIDPRU 8 disclosure: year ended 30 June 2025 iSAM Securities · Accessed 26 Oct 2026
- UK complaints summary procedure iSAM Securities · Accessed 26 Oct 2026
This profile reports dated public information, including broker-published services and terms. It does not independently test or guarantee execution, pricing or withdrawals. Inclusion is not an endorsement. Permissions and protections apply only to the named legal entity, service and client category; check the current official records and your contract.