RationalFX is authorised by the Financial Conduct Authority (FCA) as a payment institution and is regulated as a money transmitter by Her Majesty's Revenue and Customs (HMRC).
RationalFX is the trading name of Rational Foreign Exchange Limited, which is registered in England, Company number 05385999.
The registered office address is Level 32, One Canada Square, Canary Wharf, London E14 5AB, U.K.
Financial Conduct Authority
Under the Payment Services Regulations 2017, RationalFX is authorised by the Financial Conduct Authority for the provision of payment services (FRN No: 507958).
RationalFX is registered as a Money Service Business with HMRC under the Money Laundering Regulations 2017 (MSB No. 12206957).
RationalFX has an appointed Money Laundering Reporting Officer (MLRO).
Client Funds held in Barclays Client Account
Where we are required to segregate your funds, we do so by placing the funds in a segregated account (known as a ‘safeguarding account’) at Barclays Bank PLC.
As an FCA Authorised Payment Institution, we are not covered by the Financial Services Compensation Scheme. Instead, where we have segregated your funds in a safeguarding account, it means those funds would be separated from our other assets in the event of our insolvency and used to repay you and other clients.
Barclays Bank PLC provides us with safeguarding account(s), but does not monitor the funds we place on the safeguarding account or how we operate these accounts. As an FCA Authorised Payment Institution it is our responsibility to segregate funds.
We are registered with the Information Commissioner’s Office (No. PZ8997024) under the Data Protection Act 2018.
We understand that the privacy of your personal information is important. We will keep your data safe and not share it with anyone else to be used for marketing, promotional or other purposes.
Online Security a very high Priority
The RationalFX online platform uses the same technology as online banking for security.
The server uses the secure web site protocol called SSL - which is indicated in the toolbar.
Your data is transmitted in a secure way and all password data is encrypted.
If you make a card payment, the card security code or internet password (e.g. Verified by Visa) are not visible to RationalFX and are always hidden and encrypted.
Modern Slavery Act
Click this link to view our Modern Slave Act