The Forex online trading brokerages which have lost substantial market value from this change are the following:
IG Group Holdings plc (LON:IGC). IG brokerage is by far the largest UK-based in the country and had continuously reported stable profits. IG had also bought the online Forex trading research website, DailyFX. Yet, after the FCA’s regulation update, IG reported a market cap drop of 38%. Since it’s the largest Forex brokerage with repeated yearly success with retail traders, there is a high possibility that IG will not be heavily hit.