FCMA and Kingdom Futures form metals trading joint venture

FCMA Consultancy Ltd and Kingdom Futures Limited have launched a joint venture to give high-net-worth and sophisticated investors access to metals trading returns through a structured vehicle. The partnership combines FCMA’s governance and capital structuring with Kingdom Futures’ FCA-regulated LME and OTC trading capabilities.

Why it matters: - The joint venture creates a new route for sophisticated investors to access metals trading through a structured investment vehicle. - The partnership combines regulated market access with institutional-style governance, reporting and oversight. - The vehicle targets exposure to physical and financial metals trading, an asset class tied to industrial demand and the energy transition.

What happened: - FCMA Consultancy Ltd and Kingdom Futures Limited announced a joint venture focused on expanding metals trading services. - The announcement was made Aug. 24, 2026, from St Leonards-on-Sea, United Kingdom. - Kingdom Futures Limited is authorised and regulated by the Financial Conduct Authority under Firm Reference Number 606298. - The firms said the venture will support a structured vehicle for high-net-worth and sophisticated investors.

The details: - FCMA brings institutional-grade structuring, governance and private capital expertise to the partnership. - Kingdom Futures contributes regulatory standing, trading infrastructure, market access and execution capability. - Kingdom Futures has experience in London Metal Exchange base metals and over-the-counter commodity broking. - The vehicle is designed to generate returns from physical and financial metals trading. - The metals universe includes copper, aluminium, zinc, nickel, lead and tin. - The London Metal Exchange has served as a global benchmark for base metals pricing for more than a century. - OTC commodity markets allow bilateral structures with tailored exposure to specific metals, tenors and settlement terms. - FCMA was founded by Kevin Hall, who has 30 years of wealth management experience advising private clients, family offices and institutions. - FCMA said it was created to offer a professionally structured route into an asset class typically reached through institutional channels. - The FCMA SPV is open to high-net-worth and sophisticated investors. - The vehicle includes transparent reporting, clear governance and oversight of the underlying trading activity. - Capital is at risk, and past performance is not a guide to future performance. - FCMA Consultancy Ltd is incorporated in the UK and registered at Innovation Centre, Highfield Drive, Churchfields, St Leonards-on-Sea, East Sussex, TN38 9UH. - Kingdom Futures Limited is based in St Leonards-on-Sea and serves professional and institutional clients with execution, clearing and market access services. - FCMA’s website is More information.

Between the lines: - The partnership is aiming at investors who want commodity exposure without directly operating in the metals market. - The structure suggests a blend of hedge-fund-style access and traditional broker-led execution. - The emphasis on governance and reporting signals an effort to make a specialist commodity strategy more palatable to private capital. - The timing aligns with continued interest in metals linked to electrification, renewable power and infrastructure investment.

What’s next: - FCMA and Kingdom Futures will develop and support the structured vehicle for eligible investors. - The firms are positioning the venture as a platform for future metals trading activity and investor access. - Additional uptake will likely depend on investor interest in alternative assets and the performance of base metals markets.

The bottom line: - FCMA and Kingdom Futures are packaging metals trading into a regulated, investor-facing structure aimed at sophisticated capital.