Membership types & fees

Types of membership & associate fees

FDRC’s operational funding primarily derives from its Scheme Members. Our membership structure encompasses three distinct types:

  1. Group Service Providers:

If you or your organization operates as part of an umbrella group, such as a franchise or license consortium, you may be eligible for Group Service Provider membership. Opting for Group Service Provider membership allows the overall membership expenses to be distributed among all affiliated members, thereby reducing the per-member cost. In cases where your organization encompasses multiple companies offering financial services, you can choose to join FDRC as a Group Service Provider. This involves completing a single Application Form along with an Organization Schedule.

In situations where any of the companies within your group employ or contract advisers, each such company will need to complete a distinct Application Form and a separate Adviser Schedule. Furthermore, individual advisers within the group must also submit individual Application Forms to be assigned their respective membership numbers.

To ascertain your eligibility or seek clarification on your status, we recommend reaching out to your parent organization or primary provider. Should you have any inquiries, please do not hesitate to contact FDRC at +44 844 774 7710.

  1. Organization:

If your entity includes advisers, you must complete an Application Form and an Adviser Schedule. Additionally, each individual adviser is required to submit an Application Form to secure their unique membership number.

Individuals operating as financial service providers or advisers are expected to complete an individual Application Form.

Membership within each of these categories is further delineated into six distinct subcategories:

In the event that your entity falls within two or more membership categories, the applicable fee is determined by the category that contributes the highest percentage of your total revenue.

Membership fees are invoiced in July for the forthcoming 12-month period, with payment due by 20 August. It’s essential to be aware that failure to pay membership and/or complaint fees may result in the termination of FDRC membership. You can access detailed Fee Rules by downloading them here.

For any questions or assistance, please do not hesitate to contact us at +44 844 774 7710.

Membership fees per annum (All fees are exclusive of GST)

Category 1 – Qualifying Financial Services Entities – QFSE

(excluding insurers, deposit takers, lenders and registered banks)

QFSE Fee Structure Fee
Per adviser employee or nominated representative GBP 680 (Maximum fees to GBP 960)

Maximum fee: GBP 6,800

Back to top »

Category 2 – Financial Intermediaries or Financial Broker Business – FIFB

(Individual or Organization – Non-QFSE Membership)

FIFB Fee Structures Fee
FI Fee per Intermediary GBP 2,680
FIFB Fee per Organization GBP 25,000

Annual Fee per Organization: GBP 5,000

Back to top »

Category 3 – Insurers and Insurance Agency Organization – IIAO

IIAO Fee Structure Fee
Insurers GBP 133,500

Annual Fee per IIAO: GBP 5,000

Back to top »

Category 4 – Lenders, Trust and Non-bank Deposit Takers – LTDT

(Including entities providing credit under a credit contract or acting as a creditor under a credit contract)

Fee Structures (Advance to Retail Clients/Book Value) Fee
Less than $10 million GBP 15,500
Greater than $10 million GBP 23,750
Registered banks GBP 150,000
Organisation with ≥ 3 intermediaries (Per intermediary) $2,680

Annual Fee per LTDT: GBP 5,000

Back to top »

Category 5a – Other Financial Service Providers – FSPA

Other financial service providers with or without advisers.

OFSA Fee Structures Fee
Organisation GBP 25,000
Plus per additional entity in group GBP 620

Annual Fee per FSPA: GBP 5,000

Back to top »

Category 5b – Other Financial Service Providers – FSPB

Entering into derivative transactions, or trading in, foreign exchange, contract for difference, interest rate and index instruments, transferable securities (including shares), and futures contracts on behalf of another person

OFSB Fee Structures Fee
Organisation GBP 35,000
Plus per additional entity in group GBP 750

Annual Fee per FSPB: GBP 5,000

Back to top »

Category 6 – Crowdfunders and Peer-to-Peer Lenders – CPPL

CPPL Fee Structures Fee
Less than $10 million GBP 8,700
Equal to or greater than $10 million GBP 9,600

Annual Fee per CPPL: GBP 5,000

Back to top »

Latest News

The Financial Dispute Resolution Commission Welcomes Grand Capital as Latest Member Firm

January 20th, 2016 – Hong Kong & New York: FinaCom…[…]

Read More »

The Financial Dispute Resolution Commission Certifies Binary Options Platform from Tools for Brokers Inc.

The Financial Dispute Resolution Commission has successfully completed the certification…[…]

Read More »

The Financial Dispute Resolution Commission Announces Forex Club as Latest Member Firm

26 January 2016 – Hong Kong & New York: FinaCom…[…]

Read More »


2015 Membership Growth, New Appointments, Key Events and Industry Observations…[…]

Read More »