Australian broker Pepperstone has just won a UK FCA license and is preparing to expand in the UK and Europe. Previously, Pepperstone was licensed ASIC.

This FCA license is granted to Pepperstone's UK-based subsidiary, Pepperstone Limited. The subsidiary transitioned from a company owned by online entrepreneurs Mohammed Tayeb and Omar Tayeb, which Pepperstone later acquired.

Previously, the two planned to launch an FCA-licensed forex broker under the name 123FX.com. However, the business was not launched until it was sold to Pepperstone.

Meanwhile, Pepperstone is still obtaining UK regulatory approval for the management team that will run the business. The plan is for the subsidiary to launch officially at the end of 2016.

Early last year, this broker, who has been around for six years, received a multi-million dollar investment from CHAMP Private Equity, one of Australia's leading private equity firms. After the big announcement, the Leaprate site interviewed Pepperstone CEO Owen Kerr, who later mentioned plans to expand to Europe.

This step taken by the Pepperstone broker is enough to have a big impact on the company. Obtaining FCA regulation and a UK presence will make it easier for the company to continue expanding internationally.

Having an office in London or having FCA regulations makes it easy for Pepperstone to work directly with clients from the UK and Europe. In addition, this broker will get more attention from potential clients worldwide because of its stronger guarantee of legitimacy.

Thus the Pepperstone broker has bagged two regulations, namely ASIC and FCA. This broker also provides trading facilities for various assets, including forex, gold, oil, and CFD at low fees. So you don't need to hesitate anymore if you want to open a real account at the Pepperstone broker.