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CFS-Some important Details about This Broker

Casco FX Spreads, leverage, minimum deposit Revealed

WikiFX | 2025-06-16 17:37

Abstract:​  EQUALS Money, which is situated in the UK and started in 2017, offers financial services such as corporate multi-currency accounts, card issuance, and FX payments. The UK FCA has called it a suspect copy of Equals Connect Limited, which indicates it is not a real or regulated business, even though it says it has a legal license.

EQUALS Money Review Summary
Founded2017
Registered Country/RegionUnited Kingdom
RegulationFCA (Suspicious Clone)
Products & ServicesMulti-currency accounts, business cards, payments (FX & domestic), Banking-as-a-Service, API integration
Customer SupportTel:+44 (0)20 3196 2187
Email: contact@equalsconnect.com

EQUALS Money Information

  EQUALS Money, which is situated in the UK and started in 2017, offers financial services such as corporate multi-currency accounts, card issuance, and FX payments. The UK FCA has called it a suspect copy of Equals Connect Limited, which indicates it is not a real or regulated business, even though it says it has a legal license.

EQUALS Money's homepage

Pros and Cons

ProsCons
Broad support for cards and payment servicesSuspicious cloned licence
Multi-currency support and API accessNo trading platform or demo account offered
Custom pricing for enterprise usersCash withdrawal and international delivery fees may apply

Is EQUALS Money Legit?

  No, EQUALS Money is unregulated. The Financial Conduct Authority (FCA) in the United Kingdom has classed the entity as a “Suspicious Clone”. The company claims to be regulated by a valid FCA license, although the licensed entity named on that license is Equals Connect Limited, not EQUALS Money.

Regulatory StatusSuspicious Clone
Regulated byFCA
Licensed InstitutionEquals Connect Limited
License TypePayment License
License Number671508
Suspicious Clone FCA license

Products and Services

  The company provides a full range of financial services and infrastructure tools, including multi-currency business accounts, corporate card solutions, and payment tools such as foreign transfers and forward contracts. It also enables integration and offers infrastructure services such as API access and Banking-as-a-Service.

Products & ServicesSupported
AccountsSpend management software✔
Multi-currency account✔
Business current account✔
Start up business account✔
Xero integration✔
SAPConcur integration✔
CardsPrepaid expense cards✔
Business debit cards✔
Corporate cards✔
Purchasing cards✔
Credit card alternative✔
Fuel card solution✔
Virtual cards✔
PaymentsInternational payments✔
Domestic transfers✔
Forward contracts✔
Bulk payments (coming soon)✔ (soon)
InfrastructureBanking-as–a-service✔
API✔
Card issuing✔
Products and Services

EQUALS Money Fees

  Compared to other companies in the same field, EQUALS Money's fees are usually fair and clear, especially when it comes to using cards and supporting many currencies. The platform is particularly cost-effective for enterprises that deal with more than one user and currency, but there may be costs for cash withdrawals and occasional deliveries.

TierBusiness TierBusiness Plus TierEnterprise Tier
Annual Fee£250/year (or £300/mo)£350/year (or £420/mo)Custom
Physical Card Issuance Fee£10 (one-off)
Virtual Cards AllowanceUp to 200 free
Cash Withdrawal (UK & Abroad)£1.50
Card to Card Transfer0
Lost/Stolen Card Replacement
Card Transactions (21 currencies)
Out-of-currency Transactions1.5% feeCustom
Expedited UK Card Delivery£20/address0
International Card DeliveryVaries by country
EQUALS Money Fees

Related broker

Unverified
Casco FX
Company name:Casco Financial Services Limited
Score
1.56
Website:https://equalsmoney.com/broker-platform
5-10 years | Suspicious Regulatory License | Global Business | Suspicious Overrun
Score
1.56

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