What iSAM Securities does

iSAM Securities is a London-headquartered institutional liquidity provider and electronic market maker, founded in 2014 as part of the iSAM Capital Markets Group and backed by parent iSAM (International Standard Asset Management), a systematic hedge fund manager with $5–6.5bn in assets. The firm operates a multi-asset prime-of-prime and B2B liquidity franchise spanning FX, precious metals, CFDs (including CFDs on Futures), and a recently introduced Crypto Margin Facility for USDT/USDC deposits, with regulated entities under the FCA (UK), SFC (Hong Kong, Type 3), CFTC/NFA (US), and CIMA (Cayman). Its technology stack centers on the proprietary Apex multi-asset bridge connecting brokers to an aggregated Tier 1 liquidity network at sub-10ms execution, and Radar, a real-time risk engine that consolidates exposures across servers and platforms; additional products include Surge analytics, Parallax risk-share, Radar Lite, and FIX API connectivity.

The company serves four institutional segments on a horizontal basis: retail brokers (primary), hedge funds and asset managers, proprietary trading houses and family offices, and banks and corporates. Revenue is generated through a mix of transaction-based streams (bid-ask spreads, execution commissions, and liquidity-provision fees) and recurring/subscription streams (licensing of Apex bridge technology and Radar risk analytics), delivered via bespoke quote-based multi-year contracts through a direct enterprise sales motion. Distribution has been deepened through strategic integrations with CMC Markets, Spotware's cTrader, and PrimeXM, alongside office expansion in London, Hong Kong, the Cayman Islands, Boca Raton, and a new Cyprus entity opened in 2024.

Operationally, iSAM Securities oversees approximately $1T in monthly volume across 100+ currency and precious metal pairs and 31 CFDs, supported by a proprietary quant-built pricing protocol. The firm has been recognized with consecutive industry awards from 2023 through 2025 for B2B liquidity, multi-asset prime-of-prime, and risk management, reflecting both market positioning and active product development across digital assets, derivatives, and risk SaaS.

Name

iSAM Securities

Legal name

iSAM Securities (UK) Limited

Website

https://isam-securities.com

Company type

Private

Founded year

2014

Operating status

Operating

Headcount range

51–100 employees

Short description

iSAM Securities is a London-headquartered FCA-regulated prime-of-prime broker and electronic market maker that provides institutional liquidity, proprietary technology (Apex bridge, Radar risk engine), and execution services across FX, precious metals, CFDs, and crypto margin to retail brokers, hedge funds, prop trading firms, and banks.

Ownership category

akta.pro rank

Product category

Institutional Liquidity and Prime Brokerage

NAICS

Securities and Commodity Contracts Intermediation and Brokerage (5231)

SIC

Security & Commodity Brokers, Dealers, Exchanges & Services (6200), Commodity Contracts Brokers & Dealers (6221), Security Brokers, Dealers & Flotation Companies (6211)

akta.pro primary industry

Prime Brokerage (Multi-Asset Crypto) (FSADAJAA)

akta.pro secondary industries

Cross-Margin, Portfolio Margin & Risk Engine Providers (FSADAGAH), Securities Borrowing & Lending (Equities/Bonds) (FSACAIAC), Treasury & Risk Management Solutions (FX/MM, hedging, TMS integration) (FSABAIAE)

Keywords

• Prime brokerage services
• Institutional liquidity provision
• Multi-asset trading
• Risk management analytics
• Algorithmic market making

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Offices5 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Technology or R&D, Personnel, Operations, Infrastructure, Marketing or Sales, Supply Chain

Revenue model

1. Prime Brokerage and Execution Services: iSAM Securities provides multi-asset execution and prime brokerage services to investment professionals. Revenue is generated through spreads, commissions, and fees associated with liquidity provision, execution services, and risk management solutions provided to institutional clients.
2. Technology and Risk Management Tools: Revenue from licensing and providing access to proprietary technology platforms including Apex bridge technology and Radar risk analytics to brokers and institutional clients.
3. Liquidity Provision: Providing market-leading liquidity across FX, Precious Metals, and CFDs with pricing developed in-house to meet diverse client needs, generating revenue through bid-ask spreads and execution fees.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

iSAM Securities provides multi-asset institutional liquidity, prime brokerage, and electronic market making services across FX, Precious Metals, CFDs, and crypto margin products. The firm delivers liquidity via proprietary technology including the Apex bridge platform, FIX API connectivity, and Radar risk analytics, and serves retail brokers, hedge funds, asset managers, prop trading houses, family offices, and banks across FCA, SFC, CFTC, and CIMA regulated entities.

Product overview

iSAM Securities is a leading algorithmic trading firm and trusted electronic market maker providing a comprehensive suite of institutional liquidity, technology, and prime services. The core product portfolio centers on Apex, a multi-asset platform combining risk management and liquidity bridge capabilities for brokers and hedge funds, complemented by Radar and Radar Lite for real-time risk analytics. The offering includes liquidity across FX, Precious Metals, and CFDs (including futures on CFDs), a Crypto Margin Facility for digital currency deposits, FIX API connectivity for institutional trading, and the Surge analytics platform. These products work together to provide end-to-end liquidity provisioning, risk management, and execution optimization for institutional clients globally.

Differentiator

Problem solved

Functional benefit

Brands

• iSAM Securities Apex: Multi-asset platform for brokers and hedge funds combining risk management and liquidity bridge into one solution. Connects brokers to an extensive network of liquidity providers.
• iSAM Securities Radar
• iSAM Securities Radar Lite
• Surge
• Radar Network Alerts

Products and services

• iSAM Securities Apex Multi-asset platform for brokers and hedge funds combining risk management and a liquidity bridge into one solution. Connects brokers to an extensive network of liquidity providers, enabling liquidity sourcing, management, and optimization with ultra-low latency execution.
• iSAM Securities Radar Advanced real-time risk management tool allowing users to consolidate exposures across multiple servers and platforms to effectively manage trading activity, with alerting capabilities, peer analytics, and watchlist monitoring.
• FX & Precious Metals Liquidity Robust and dynamic multi-asset liquidity across 100+ currency and precious metal pairs with in-house developed pricing leveraging advanced quantitative methodologies. Offers bespoke offerings tailored to client needs rather than one-size-fits-all approach.
• CFDs Liquidity CFD liquidity via proprietary API offering access to 31 CFDs including Natural Gas, China A50, US Dollar Index, Bitcoin, and US 500 Index with ultra-competitive spreads and award-winning execution via proprietary pricing protocol designed by industry-leading quants.
• Market Maker Electronic market making capabilities enabling the firm to support a broader institutional client base with bespoke liquidity solutions across multi-asset coverage.
• Crypto Margin Facility Seamless and secure digital currency deposit facility accepting USDT and USDC on ERC-20 Blockchain as margin. Includes FCA-registered crypto custodian partnership and KYT/transaction monitoring integration under FCA-regulated entity.

Quantifiable outcome

• $1T monthly volume oversight demonstrates scale and market presence
• +2 more outcomes

Named customers4 records

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

Feature5 records

Partnerships

Four partnerships are on record, tiered core and supporting.

• CMC MarketscoreTechnology or Integration · 23 June 2026Apex liquidity bridge technology suite has integrated with CMC Markets, connecting a globally recognized multi-asset liquidity provider to brokers through Apex's ultra-low latency technology stack. Through this integration, Apex users can access CMC's liquidity alongside the platform's existing LP network, giving brokers greater flexibility in sourcing, managing, and optimizing liquidity.
• Spotware (cTrader)coreTechnology or Integration · 15 December 2025Spotware System integrated the cTrader platform with iSAM Securities' risk and execution management products. This partnership introduces Surge, a streamlining analytics platform, and Radar, a real-time risk engine, aimed at enhancing transparency and operational efficiency for brokers. The integration allows brokers to enhance their risk oversight, automate book management, and monitor trading activity in real time.
• PrimeXMsupportingTechnology or Integration · 1 January 2024Strategic partnership with PrimeXM, a leading technology provider, marking a significant milestone in iSAM Securities' APAC expansion. Partnership includes Singapore XCore integration to support regional growth.
• FCA-Registered Crypto CustodiansupportingOthersiSAM Securities partnered with an FCA-registered crypto custodian to receive clients' digital currencies for the Crypto Margin Facility. The partnership ensures highest regulatory standards and security for digital asset custody.

Scale indicators8 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• XTX Markets: Leading algorithmic trading firm and electronic market maker providing institutional liquidity across FX, equities, and commodities. Comparable to iSAM Securities through its algorithmic/quantitative liquidity provision model, though operating at much larger scale.
• IS Prime: London-based prime-of-prime broker offering multi-asset execution, FX/CFD liquidity, and institutional technology to brokers and hedge funds. Operates in the same Tier 2 prime-of-prime niche as iSAM Securities with overlapping client base of retail brokers and funds.
• B2PRIME: Cyprus-regulated multi-asset prime-of-prime broker providing institutional liquidity, execution, and risk management to brokers and funds. Directly competing with iSAM Securities across EMEA and MENA, and notably hired several senior iSAM distribution leaders.
• FlexFin: Prime-of-prime broker providing institutional liquidity and execution services to FX/CFD brokers and funds. Closely comparable to iSAM Securities' Tier 2 multi-asset prime offering and broker-focused GTM.
• Advanced Markets: Institutional FX/CFD prime-of-prime and liquidity provider serving brokers, hedge funds, and banks with multi-asset execution and technology. Comparable to iSAM Securities in target customer, business model, and asset class coverage.
• Match-Prime: Cyprus-regulated prime-of-prime broker offering multi-asset liquidity, execution, and technology infrastructure to institutional and broker clients. Directly comparable to iSAM's Tier 2 prime-of-prime and CFD liquidity model.
• Finalto: London-based prime-of-prime and liquidity provider (formerly CFH Clearing) serving retail brokers, banks, and funds with FX, CFDs, and execution services. Closely comparable to iSAM in offering institutional liquidity and prime services to the broker channel.

Broad incumbents

• Sucden Financial: London-based prime-of-prime broker and futures broker providing institutional execution, clearing, and liquidity across FX, commodities, and derivatives. Overlaps with iSAM Securities in prime brokerage and institutional liquidity for sophisticated clients.
• StoneX: US-listed global financial services firm (formerly INTL FCStone) providing institutional FX, CFDs, prime services, and execution across multiple asset classes. Comparable to iSAM in institutional FX/CFD prime services but with much broader capital markets footprint and US presence.
• Marex: Large, publicly listed diversified commodities and financial services broker with significant prime services, execution, and liquidity businesses. Overlaps with iSAM in FX/commodities liquidity and institutional services but operates at far greater scale with broader product breadth.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat7 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/isam-securities

Compliance9 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Subsidiaries4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about iSAM Securities