FSCS in-default register

WorldSpreads Limited

Declared in default18 March 2012FRN 230730

What this means for you

Because WorldSpreads Limited has been declared in default, you can't complain via the Financial Ombudsman Service in the normal way. Instead, eligible customers can apply to the Financial Services Compensation Scheme for compensation.

Background

WorldSpreads Limited (FRN 230730) was declared in default by the FSCS on 18 March 2012. The firm's product types are not specified in available records. Former customers may be eligible for FSCS compensation, subject to the applicable product category limits.

Products this firm wrote

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How to claim

  1. Check you were a customer of this firm during the period it was regulated.
  2. Gather your policy / advice / contract paperwork — start with anything you have in writing.
  3. Identify your loss and the date it crystallised.
  4. Apply via the FSCS online claim portal at claims.fscs.org.uk.
  5. The FSCS investigation typically takes 6–18 months. They will assess eligibility, liability and quantum.