How Your Funds Are Protected and Managed.
How Your Funds Are Protected and Managed.
Institutional-grade security, safeguarding, and regulatory oversight designed to protect your funds and ensure complete transparency.
Institutional-grade security, safeguarding, and regulatory oversight designed to protect your funds and ensure complete transparency.
Core Principles
How Your Funds Are Protected and Secure
Core Principles
How Your Funds Are Protected and Secure
Core Principles
How Your Funds Are Protected and Secure
Safeguarded Funds
Client funds held securely in segregated accounts
Safeguarded Funds
Client funds held securely in segregated accounts
Safeguarded Funds
Client funds held securely in segregated accounts
Protected Structure
Funds ring-fenced from creditors and business risk
Protected Structure
Funds ring-fenced from creditors and business risk
Protected Structure
Funds ring-fenced from creditors and business risk
Trusted Partners
FCA-regulated and globally regulated institutions
Trusted Partners
FCA-regulated and globally regulated institutions
Institutional Infrastructure
Secure systems with expert-led execution
Institutional Infrastructure
Secure systems with expert-led execution
Security, Safeguarding and Partner Structure
How Your Funds Are Protected, Managed and Structured Safely via Our Panel of Regulated Financial Partners
Our Approach
Regulated Partners
Safeguarding Funds
How It Works
Our Approach
Direct partnership delivering clarity, control, and full accountability
End-to-end relationship management and oversight
Expert guidance and execution across services
Coordination with carefully selected regulated institutions
Benefit from institutional security with dedicated expert-led support
Security, Safeguarding and Partner Structure
How Your Funds Are Protected, Managed and Structured Safely via Our Panel of Regulated Financial Partners
Our Approach
Regulated Partners
Safeguarding Funds
How It Works
Our Approach
Direct partnership delivering clarity, control, and full accountability
End-to-end relationship management and oversight
Expert guidance and execution across services
Coordination with carefully selected regulated institutions
Benefit from institutional security with dedicated expert-led support
Security, Safeguarding and Partner Structure
How Your Funds Are Protected, Managed and Structured Safely via Our Panel of Regulated Financial Partners
Our Approach
Regulated Partners
Safeguarding Funds
How It Works
Our Approach
Direct partnership delivering clarity, control, and full accountability
End-to-end relationship management and oversight
Expert guidance and execution across services
Coordination with carefully selected regulated institutions
Benefit from institutional security with dedicated expert-led support
When funds are posted to your account, in line with regulatory requirements, the regulated [payment/e-money] institutions who we work with safeguard your funds. This means that the funds shown in your payment account or e-wallet are held at reputable banks or covered by an insurance policy, and most importantly, are protected for you in the event of our partner [e-money/payment] institutions’, or our, insolvency. Our partners stop safeguarding your funds when the money has been paid out of your account to your beneficiary’s account. If you require a breakdown of the exact amounts of funds you have safeguarded at each of our [e-money/payments partners] at a particular point in time, please do not hesitate to contact us.
Important Clarification
Understanding Safeguarding and Fscs Protection Differences Clearly
Safeguarding is not the same as protection under the Financial Services Compensation Scheme (FSCS). Instead, funds are protected through segregation and regulatory safeguarding rules applied by authorised institutions.
Important Clarification
Understanding Safeguarding and Fscs Protection Differences Clearly
Safeguarding is not the same as protection under the Financial Services Compensation Scheme (FSCS). Instead, funds are protected through segregation and regulatory safeguarding rules applied by authorised institutions.
Important Clarification
Understanding Safeguarding and Fscs Protection Differences Clearly
Safeguarding is not the same as protection under the Financial Services Compensation Scheme (FSCS). Instead, funds are protected through segregation and regulatory safeguarding rules applied by authorised institutions.
Execution & Counterparty Risk
Transactions are arranged on a matched principal basis, meaning:
Client trades are offset with liquidity providers
Exposure is not retained within the execution structure
We work exclusively with well-capitalised institutions that meet strict regulatory capital requirements.
Execution & Counterparty Risk
Transactions are arranged on a matched principal basis, meaning:
Client trades are offset with liquidity providers
Exposure is not retained within the execution structure
We work exclusively with well-capitalised institutions that meet strict regulatory capital requirements.
Platform & Access Security
Access to platforms is protected through industry-standard security controls, including:
Two-factor authentication (2FA)
User-level permissions and access controls
Secure login protocols
You retain full control over user access and authorisation
Platform & Access Security
Access to platforms is protected through industry-standard security controls, including:
Two-factor authentication (2FA)
User-level permissions and access controls
Secure login protocols
You retain full control over user access and authorisation
Expert-led foreign exchange and international payments.
operations@thero-markets.com
Thero Markets Limited
Formal House,
60 St. Georges Place
Cheltenham,
England,
GL50 3PN
Thero Markets Limited (company registration number 16986548), trading as Thero Markets. Head office: Formal House, 60 St Georges Place, Cheltenham, England, GL50 3PN. Thero has carefully selected industry leading fintech and foreign exchange partners to provide our clients with regulated services and products:
Thero Markets Limited operates as a multi-agency currency broker. We maintain a strategic panel of regulated payment and investment partners, allowing us to source the most competitive pricing, diverse currency liquidity, and secure global payment routes for our clients. By working with multiple industry-leading institutions rather than a single provider, we ensure our clients benefit from a robust, flexible, and fully regulated financial infrastructure tailored to their specific cross-border needs.
Thero Markets’ Payment and Foreign Currency Exchange Services are provided by Ebury Partners UK Limited. Theromarkets is partnered with Ebury Partners UK Limited as a Programme Manager. Ebury Partners UK Limited is authorised and regulated by the Financial Conduct Authority as an Electronic Money Institution (Financial Services Register No. 900797). Ebury Partners UK Limited is registered with the Information Commissioner's Office, with registration number: ZA345828.
Sciopay: Foreign Exchange and Payment Services for customers introduced by Thero Markets to Sciopay Ltd are provided solely by Sciopay Ltd. Sciopay Ltd is a company incorporated in England & Wales with Registration No: 12352935. Sciopay Ltd is licensed and regulated by HMRC as a Money Service Business (MSB) with Licence No: XCML00000151326. Sciopay Ltd is authorised by the Financial Conduct Authority as an Authorised Payment Institution with Firm Reference Number: 927951
Please note: Testimonials and case studies shared on our website reflect individual customer experiences. Results may vary depending on personal circumstances. The rates displayed are live interbank rates, not the exchange rates which we offer, and are for indicative purposes only. Please contact us or log into the online platform for our Spot/Forward exchange rates.
1) Payment and e-money services (Non-MIFID related products) are provided by The Currency Cloud Limited. Registered in England No. 06323311. Registered Office: Registered Office: 1 Sheldon Square, London, W2 6TT, United Kingdom. The Currency Cloud Limited is authorized by the Financial Conduct Authority under the Electronic Money Regulations 2011 for the issuing of electronic money (FRN: 900199) You can find Currency Cloud's terms here:
https://www.currencycloud.com/legal/terms
For clients based in the European Economic Area, the issuance of e-money and the provision of related payment services for Thero Markets Limited are provided by CurrencyCloud B.V. CurrencyCloud B.V. is registered with the Dutch Chamber of Commerce in the Netherlands under number 72186178. Registered office Mr. Treublaan 7, 1097 DP, Amsterdam, Netherlands. CurrencyCloud B.V. is licensed and regulated by De Nederlandsche Bank as an Electronic Money Institution (Relation Number: R142701).
2) For United States, Payment services for Thero Markets are provided by Visa Global Services Inc. (VGSI), a licensed money transmitter (NMLS ID 181032) in the states listed here:
https://usa.visa.com/legal/visa-global-services-licenses.html.
VGSI is licensed as a money transmitter by the New York Department of Financial Services. Mailing address: 900 Metro Center Blvd, Mailstop 1Z, Foster City, CA 94404. VGSI is also a registered Money Services Business (“MSB”) with FinCEN and a registered Foreign MSB with FINTRAC. For live customer support contact VGSI at (888) 733-0041
Trade Finance
Trade finance solutions are made available to eligible clients through Spark Finance Limited, an FCA-authorised credit broker. This service is available to UK-based business clients and is subject to status and separate lender terms and conditions. Spark Finance Limited is not a lender. It acts as a credit broker, introducing eligible businesses to a panel of lenders on whose behalf it may receive commission. The nature of any commission arrangement will be confirmed to the client before they proceed.
Spark Finance Limited Registered Office: 18 John Stow House, London, England, EC3A 7JB
Registered Number: 10128297
Authorised and regulated by the Financial Conduct Authority (FRN: 958123) Applicants must be aged 18 or over. Guarantees and indemnities may be required. Any indicative terms provided are for information purposes only.
Expert-led foreign exchange and international payments.
operations@thero-markets.com
Thero Markets Limited
Formal House,
60 St. Georges Place
Cheltenham,
England,
GL50 3PN
Thero Markets Limited (company registration number 16986548), trading as Thero Markets. Head office: Formal House, 60 St Georges Place, Cheltenham, England, GL50 3PN. Thero has carefully selected industry leading fintech and foreign exchange partners to provide our clients with regulated services and products:
Thero Markets Limited operates as a multi-agency currency broker. We maintain a strategic panel of regulated payment and investment partners, allowing us to source the most competitive pricing, diverse currency liquidity, and secure global payment routes for our clients. By working with multiple industry-leading institutions rather than a single provider, we ensure our clients benefit from a robust, flexible, and fully regulated financial infrastructure tailored to their specific cross-border needs.
Thero Markets’ Payment and Foreign Currency Exchange Services are provided by Ebury Partners UK Limited. Theromarkets is partnered with Ebury Partners UK Limited as a Programme Manager. Ebury Partners UK Limited is authorised and regulated by the Financial Conduct Authority as an Electronic Money Institution (Financial Services Register No. 900797). Ebury Partners UK Limited is registered with the Information Commissioner's Office, with registration number: ZA345828.
Sciopay: Foreign Exchange and Payment Services for customers introduced by Thero Markets to Sciopay Ltd are provided solely by Sciopay Ltd. Sciopay Ltd is a company incorporated in England & Wales with Registration No: 12352935. Sciopay Ltd is licensed and regulated by HMRC as a Money Service Business (MSB) with Licence No: XCML00000151326. Sciopay Ltd is authorised by the Financial Conduct Authority as an Authorised Payment Institution with Firm Reference Number: 927951
Please note: Testimonials and case studies shared on our website reflect individual customer experiences. Results may vary depending on personal circumstances. The rates displayed are live interbank rates, not the exchange rates which we offer, and are for indicative purposes only. Please contact us or log into the online platform for our Spot/Forward exchange rates.
1) Payment and e-money services (Non-MIFID related products) are provided by The Currency Cloud Limited. Registered in England No. 06323311. Registered Office: Registered Office: 1 Sheldon Square, London, W2 6TT, United Kingdom. The Currency Cloud Limited is authorized by the Financial Conduct Authority under the Electronic Money Regulations 2011 for the issuing of electronic money (FRN: 900199) You can find Currency Cloud's terms here:
https://www.currencycloud.com/legal/terms
For clients based in the European Economic Area, the issuance of e-money and the provision of related payment services for Thero Markets Limited are provided by CurrencyCloud B.V. CurrencyCloud B.V. is registered with the Dutch Chamber of Commerce in the Netherlands under number 72186178. Registered office Mr. Treublaan 7, 1097 DP, Amsterdam, Netherlands. CurrencyCloud B.V. is licensed and regulated by De Nederlandsche Bank as an Electronic Money Institution (Relation Number: R142701).
2) For United States, Payment services for Thero Markets are provided by Visa Global Services Inc. (VGSI), a licensed money transmitter (NMLS ID 181032) in the states listed here:
https://usa.visa.com/legal/visa-global-services-licenses.html.
VGSI is licensed as a money transmitter by the New York Department of Financial Services. Mailing address: 900 Metro Center Blvd, Mailstop 1Z, Foster City, CA 94404. VGSI is also a registered Money Services Business (“MSB”) with FinCEN and a registered Foreign MSB with FINTRAC. For live customer support contact VGSI at (888) 733-0041
Trade Finance
Trade finance solutions are made available to eligible clients through Spark Finance Limited, an FCA-authorised credit broker. This service is available to UK-based business clients and is subject to status and separate lender terms and conditions. Spark Finance Limited is not a lender. It acts as a credit broker, introducing eligible businesses to a panel of lenders on whose behalf it may receive commission. The nature of any commission arrangement will be confirmed to the client before they proceed.
Spark Finance Limited Registered Office: 18 John Stow House, London, England, EC3A 7JB
Registered Number: 10128297
Authorised and regulated by the Financial Conduct Authority (FRN: 958123) Applicants must be aged 18 or over. Guarantees and indemnities may be required. Any indicative terms provided are for information purposes only.
Expert-led foreign exchange and international payments.
operations@thero-markets.com
Thero Markets Limited
Formal House,
60 St. Georges Place
Cheltenham,
England,
GL50 3PN
Thero Markets Limited (company registration number 16986548), trading as Thero Markets. Head office: Formal House, 60 St Georges Place, Cheltenham, England, GL50 3PN. Thero has carefully selected industry leading fintech and foreign exchange partners to provide our clients with regulated services and products:
Thero Markets Limited operates as a multi-agency currency broker. We maintain a strategic panel of regulated payment and investment partners, allowing us to source the most competitive pricing, diverse currency liquidity, and secure global payment routes for our clients. By working with multiple industry-leading institutions rather than a single provider, we ensure our clients benefit from a robust, flexible, and fully regulated financial infrastructure tailored to their specific cross-border needs.
Thero Markets’ Payment and Foreign Currency Exchange Services are provided by Ebury Partners UK Limited. Theromarkets is partnered with Ebury Partners UK Limited as a Programme Manager. Ebury Partners UK Limited is authorised and regulated by the Financial Conduct Authority as an Electronic Money Institution (Financial Services Register No. 900797). Ebury Partners UK Limited is registered with the Information Commissioner's Office, with registration number: ZA345828.
Sciopay: Foreign Exchange and Payment Services for customers introduced by Thero Markets to Sciopay Ltd are provided solely by Sciopay Ltd. Sciopay Ltd is a company incorporated in England & Wales with Registration No: 12352935. Sciopay Ltd is licensed and regulated by HMRC as a Money Service Business (MSB) with Licence No: XCML00000151326. Sciopay Ltd is authorised by the Financial Conduct Authority as an Authorised Payment Institution with Firm Reference Number: 927951
Please note: Testimonials and case studies shared on our website reflect individual customer experiences. Results may vary depending on personal circumstances. The rates displayed are live interbank rates, not the exchange rates which we offer, and are for indicative purposes only. Please contact us or log into the online platform for our Spot/Forward exchange rates.
1) Payment and e-money services (Non-MIFID related products) are provided by The Currency Cloud Limited. Registered in England No. 06323311. Registered Office: Registered Office: 1 Sheldon Square, London, W2 6TT, United Kingdom. The Currency Cloud Limited is authorized by the Financial Conduct Authority under the Electronic Money Regulations 2011 for the issuing of electronic money (FRN: 900199) You can find Currency Cloud's terms here:
https://www.currencycloud.com/legal/terms
For clients based in the European Economic Area, the issuance of e-money and the provision of related payment services for Thero Markets Limited are provided by CurrencyCloud B.V. CurrencyCloud B.V. is registered with the Dutch Chamber of Commerce in the Netherlands under number 72186178. Registered office Mr. Treublaan 7, 1097 DP, Amsterdam, Netherlands. CurrencyCloud B.V. is licensed and regulated by De Nederlandsche Bank as an Electronic Money Institution (Relation Number: R142701).
2) For United States, Payment services for Thero Markets are provided by Visa Global Services Inc. (VGSI), a licensed money transmitter (NMLS ID 181032) in the states listed here:
https://usa.visa.com/legal/visa-global-services-licenses.html.
VGSI is licensed as a money transmitter by the New York Department of Financial Services. Mailing address: 900 Metro Center Blvd, Mailstop 1Z, Foster City, CA 94404. VGSI is also a registered Money Services Business (“MSB”) with FinCEN and a registered Foreign MSB with FINTRAC. For live customer support contact VGSI at (888) 733-0041
Trade Finance
Trade finance solutions are made available to eligible clients through Spark Finance Limited, an FCA-authorised credit broker. This service is available to UK-based business clients and is subject to status and separate lender terms and conditions. Spark Finance Limited is not a lender. It acts as a credit broker, introducing eligible businesses to a panel of lenders on whose behalf it may receive commission. The nature of any commission arrangement will be confirmed to the client before they proceed.
Spark Finance Limited Registered Office: 18 John Stow House, London, England, EC3A 7JB
Registered Number: 10128297
Authorised and regulated by the Financial Conduct Authority (FRN: 958123) Applicants must be aged 18 or over. Guarantees and indemnities may be required. Any indicative terms provided are for information purposes only.