The FCA has confirmed that Amplifi Capital (U.K.) Limited entered administration on 9 June 2026, with joint administrators from Interpath Advisory now overseeing the firm. Amplifi, which operates under the Reevo Money and My Community Finance brands, is a consumer-credit business — a personal-loan provider and credit broker — rather than a forex or CFD broker, so the direct impact on retail derivatives traders is limited.
The wider point still matters. Amplifi was an FCA-authorised firm, and its failure is a reminder that authorisation does not insulate any regulated business from insolvency. For retail forex and CFD traders, the safeguards that actually count are client-money segregation and, where applicable, FSCS cover — these determine whether funds are recoverable if a broker collapses, not merely whether the firm holds a licence.
When weighing brokers, readers should look past the FCA badge to how client funds are held and which compensation scheme applies. A licence is a baseline check, not a guarantee that capital is protected in a wind-down.