The British pound commonly known as the pound sterling is the official currency of the United Kingdom and its territories. The currency code for British pounds is GBP, also denoted as £. The pound is the oldest currency in the world with sources indicating that it was already in circulation during the Anglo-Saxon period. It has also served as currency in many of the British Empire colonies like Australia, New Zealand and Canada. It is one of the most actively traded currencies in the world coming only after the U.S. dollar, euro and Japanese yen in foreign exchange daily volume. The most popular currency combinations that trade in terms of the GBP are the EUR/GBP and the GBP/USD.
The British Pound is among the five major currencies that form the basis for the Special Drawing Rights (XDR), besides the US dollar, the euro, the Chinese renminbi (RMB) and the Japanese yen. The SDR being an international reserve asset makes the British pound to be considered as a reserve currency. Among the key considerations an investor can take into account when evaluating GBP forecasts include; Consumer Price Index (CPI) for a variety of products and services, Brexit, gold prices and quantitative easing(QE). The Bank of England controls the currency.
RISK WARNING: Our products are traded on margin and carry a high level of risk, thus it is highly possible to lose all your capital. These products may not be suitable for everyone and you should ensure that you understand the risks involved. Please review our Risk Warning ‘Risk Disclosures for Financial Instruments & Investment Services’.
LICENCES AND AUTHORISATIONS
TTCM Traders Capital Limited (herein "TTCM BM")is a limited liability Company, incorporated in Bermuda under section 14 and 6/132C(1) of the Companies Act 1981 and registered with the Registrar of Companies under Company number 54135, with registered address 5th Floor, Andrew’s Place, 51 Church Street, Hamilton HM 12, Bermuda
TTCM Traders Trust Capital Markets Limited (herein "TTCM CY")is a Cyprus Investment Firm incorporated under the laws of Cyprus, has its principal place of business at 56 Theodorou Potamianou Aphrodite Court, 4th Floor, 4155, Limassol Cyprus and is registered with the Registrar of Companies in Nicosia under the number: HE 250591. TTCM Traders Trust Capital Markets Limited is regulated as a Cyprus Investment Firm (‘CIF’) by the Cyprus Securities and Exchange Commission (‘CySEC’) under the license number 107/09 and operates in accordance with the Markets in Financial Instruments Directive II (‘MiFID II’) of the European Union.
RESTRICTED REGIONS:The information on this website is not directed on residents of certain jurisdictions/countries including but not limited to Australia, New Zealand, Canada, Iran, Iraq, North Korea, USA, Cuba, Syria, Sudan, Afghanistan, Guyana, Lao People’s Democratic Republic, Uganda and Yemen or to any jurisdiction where such distribution would be contrary to local laws and regulations.