The London Trading Company — FSCS Claims & Compensation (FRN 678985)
Full legal name: The London Trading Company Ltd, trading as Lontrad, TCM Wealth Management
The London Trading Company Ltd, trading as Lontrad, TCM Wealth Management (FRN 678985) was failed and declared in default by the FSCS on 10 March 2023. If you were advised by The London Trading Company 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.
The London Trading Company Ltd, trading as Lontrad, TCM Wealth Management appears on the FSCS failed-firms register. It was failed and declared in default on 10 March 2023, in the Pensions, Investments category.
The London Trading Company Ltd, trading as Lontrad, TCM Wealth Management has also been known as, or traded as: Lontrad, TCM Wealth Management. If you dealt with any of those names, the same claim routes may apply.
What this means for you
If The London Trading Company advised you on a pension — for example transferring a workplace, personal or final-salary pension, or moving it into a SIPP — and the advice was unsuitable for you, you may have a claim. Where the firm has failed, eligible losses can be claimed from the FSCS up to £85,000 per person.
If The London Trading Company 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 The London Trading Company 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 The London Trading Company?
Start a free, no-obligation check — we'll tell you whether you may have a claim, usually within 24 hours.
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Is The London Trading Company Ltd, trading as Lontrad, TCM Wealth Management still trading?
The London Trading Company Ltd, trading as Lontrad, TCM Wealth Management (FRN 678985) appears on the FSCS failed-firms register and was failed and declared in default on 10 March 2023. You should always check the current position on the FCA Register and the FSCS website.
How do I claim against The London Trading Company?
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 The London Trading Company?
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.