CFDs broker Aetos relinquishes FCA license to focus on Australia, offshore
FNG has learned that Retail FX and CFDs brokerage group Aetos has given up its FCA license, granted to UK subsidiary Aetos Capital Group (UK) Limited. Aetos UK had held an FCA license since 2016.
The company will now operate from its Australia based sub Aetos Capital Group Pty Ltd, which holds an AFS license from regulator ASIC, and an offshore entity domiciled in Mauritius, Aetos Markets (M) Ltd.
The Aetos UK arm had not been very active for the past few years. In 2024 Aetos UK posted just £479K in Revenues, although that was up from £399K in 2023. Last decade Aetos was more active in the UK, inking an English Premier League pitchside advertising deal, and promoting its brand on London Taxis.
Aetos is controlled by Chinese entrepreneur Yongqiang Lu.