NCFX

NCFX, operating as New Change FX, is a London-based financial technology company founded on 11 November 2019. Its registered address is 71 Queen Victoria Street, London EC4V 4AY. The firm positions itself as a provider of independent, real-time foreign exchange and digital asset data to institutional clients. While its website claims authorisation and regulation by the UK Financial Conduct Authority (FCA) as a benchmark administrator, FXCanary's regulatory records do not list any retail forex or CFD licence for this entity.

The company serves banks, asset managers, exchanges, and fintech platforms globally. Its core offerings include FX spot and forward benchmarks, precious metals rates, and cryptocurrency reference rates. The firm emphasises transparency and independence in its data, aiming to support trading, risk management, and regulatory compliance.

According to its official website, NCFX is authorised by the FCA as a benchmark administrator under Part 4A of the Financial Services and Markets Act 2000. It states that it is subject to the EU Benchmark Regulation (BMR) and its UK equivalent. However, FXCanary's internal records indicate that no regulatory licence has been confirmed for retail forex or CFD trading activities. Traders should verify this status independently and note that the firm does not appear to operate as a retail broker.

NCFX provides independent benchmark rates for FX Spot, Forwards (Forwards365®), Non-Deliverable Forwards (NDFs), Precious Metals, Options Cut, and Crypto reference rates. Its data is designed for institutional use, including trading, best-execution reporting, and risk management. The firm claims its benchmarks are built from global market data and are free from provider bias.

For digital assets, NCFX offers reference rates covering over 450 tokens, using proprietary algorithms to aggregate pricing from multiple venues. The firm also provides historical data and customised solutions for clients. It does not appear to offer retail trading accounts, leveraged products, or execution services.

NCFX targets institutional clients such as banks, asset managers, exchanges, and fintech platforms. Its services are tailored to professional users requiring independent and regulated benchmark data for trading, compliance, and valuation purposes. The firm does not market to retail individual traders and does not provide typical brokerage services like order execution or account management.

The firm's website includes a contact form and provides telephone (020 8152 4312) and email (info@newchangefx.com) for inquiries. It lists key personnel including CEO Paul Lambert and Chief Commercial Officer Kinga Broel-Plater. NCFX has a presence on Twitter/X, though specific account details are not widely publicised.