The FCA cancelled Startrader Pro Limited’s Part 4A permission on 19 October, effective that day. The final notice identifies the UK company by firm reference number 600837 and says overdue regulatory fees and levies totalled £5,428.77.[1]
The regulator found that the company failed the suitability threshold condition and did not cooperate openly with it. The notice follows repeated payment requests and an August 2025 county-court judgment for £3,705.29, which remained unpaid. Further invoices increased the balance.[1]
Startrader Pro had previously sought cancellation but withdrew that application in September 2024. The FCA had told it that applying to cancel did not extinguish the invoices. The company contested liability in the debt proceedings; the court granted the claim.[1]
The FCA issued its decision notice on 11 September 2026. The firm did not refer the matter to the Upper Tribunal within the specified 28-day period, allowing the cancellation to become final.[1]
The case has a practical implication for firms withdrawing from a market. FCA guidance requires outstanding fees and returns to be settled, complaints addressed and arrangements made for remaining liabilities before a voluntary cancellation. The full annual fee ordinarily remains payable for the financial year in which a firm applies.[2]
Leaving regulated business therefore requires a managed conclusion to the permission, billing and reporting obligations. The licence’s continuing administrative costs need an owner through the exit process, including after commercial activity has wound down.[2]
Sources & further reading
- Final Notice 2026: Startrader Pro Limited Financial Conduct Authority · 19 Oct 2026 · Accessed 20 Oct 2026
- Cancelling an authorisation or registration Financial Conduct Authority · Accessed 20 Oct 2026