FSCS Failed Firms · FRN 560872

AFX Markets Ltd, trading as STO, Quantic Prime, tradealot, XSecurities, eloFX — FSCS Claims & Compensation (FRN 560872)

FailedInvestments24 August 2021
Quick Answer

AFX Markets Ltd, trading as STO, Quantic Prime, tradealot, XSecurities, eloFX (FRN 560872) was failed and declared in default by the FSCS on 24 August 2021. If you were advised by AFX Markets and lost money, you may be able to claim compensation of up to £85,000 from the FSCS. Eligibility depends on your circumstances — a free check takes under a minute.

AFX Markets Ltd, trading as STO, Quantic Prime, tradealot, XSecurities, eloFX appears on the FSCS failed-firms register. It was failed and declared in default on 24 August 2021, in the Investments category.

AFX Markets Ltd, trading as STO, Quantic Prime, tradealot, XSecurities, eloFX has also been known as, or traded as: STO, Quantic Prime, tradealot, XSecurities, eloFX. If you dealt with any of those names, the same claim routes may apply.

What this means for you

If AFX Markets advised you to invest — for example in a bond, fund, or an unregulated or high-risk product — and that advice was unsuitable, you may have a claim. Where the firm has failed, the FSCS may pay eligible losses up to £85,000 per person.

Your options

  • FSCS — where AFX Markets has failed, you may claim eligible losses up to £85,000 per person, per firm. You can claim free at fscs.org.uk without using a solicitor.
  • A representative — specialist firms can gather the evidence and handle the claim for you, typically on a No Win, No Fee basis.
  • Check your time limit — deadlines vary by route. See our guide to time limits for mis-selling claims, and how compensation is calculated.

Were you a client of AFX Markets?

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FAQ

Is AFX Markets Ltd, trading as STO, Quantic Prime, tradealot, XSecurities, eloFX still trading?

AFX Markets Ltd, trading as STO, Quantic Prime, tradealot, XSecurities, eloFX (FRN 560872) appears on the FSCS failed-firms register and was failed and declared in default on 24 August 2021. You should always check the current position on the FCA Register and the FSCS website.

How do I claim against AFX Markets?

You can claim directly and free of charge through the FSCS at fscs.org.uk, or instruct a representative to handle it for you. Either way, a free initial check can confirm whether you may be eligible.

How much could I claim for AFX Markets?

Where eligible, the FSCS pays up to £85,000 per person, per failed firm. The actual amount depends on your assessed loss and your individual circumstances.

This page is for information only and is not affiliated with the FSCS. You can complain to the Financial Ombudsman Service or claim from the FSCS for free without using a solicitor. Compensation depends on your individual circumstances. This website does not constitute legal advice.

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