Hi Lion Asset Management,
thankyou for your time and investigations. I completely agree with you. I personally have made so many bad experiences with many brokers which took my money and I would like to say thanks for your professional approach how to rate a new broker. Wow - Regarding your procedure of investigation I learned a lot. I never thaught about this. So I think that all of the people who will read this post will learn from this-thx!!
I send an email to FXSalt UK and got back this answer within a couple of minutes:
-- 'you are correct - FXSalt is not listed with the UK FSA or the German equivalent. The important factor here is that the funds custodian company is regulated and the clients' funds are held in segregated ring fenced accounts at the Standard Chartered Bank.
FXSalt is a global operation , as you can see the website is translated into German, Japanese, Polish and the 3 language Indian version is currently being prepared. The sunny Sunbury residential address is only the central mailing location - all the trading actually occurs in New York under the watchful eye of the SEC. They do allow hedging but cannot accept residents of the USA because of this.'--
Just let me know what you think about this answer.