Authorised & Regulated by the FCAFRN 606298 +44 (0)20 0000 0000enquiries@fcma-consultancy.co.uk
Foreign Commercial Metals Accounts

Hedging programmes for gold, silver, nickel & copper — built for commercial counterparties.

FCMA Consultancy provides corporates, refiners, fabricators and industrial buyers with disciplined, FCA‐regulated hedging facilities that insulate cash flows from precious and base metal price volatility.

Est. London
Kingdom Futures Limited
FRN 606298
Gold · XAU/USD
$2,418.60
+0.42% · Spot Reference
Silver · XAG/USD
$28.94
+0.71% · Spot Reference
Copper · LME 3M
$9,612
+0.18% · Per Tonne
Nickel · LME 3M
$17,840
−0.29% · Per Tonne
The Firm

A specialist desk dedicated to commercial metals risk.

FCMA is the dedicated metals risk-management division of Kingdom Futures Limited. We serve mining producers, fabricators, jewellery wholesalers, electronics manufacturers, recyclers and corporate treasury teams managing the cross-border procurement of physical metal.

Learn more about FCMA
Our Mandate
To insulate commercial cash flows from the daily reality of metal price volatility — through disciplined, transparent, properly governed hedging.
FCMA Consultancy · A trading name of Kingdom Futures Limited
The Markets

Coverage across four core metals.

Each programme is calibrated to the client's underlying physical exposure, currency of cost-base and accounting policy. Forwards, futures and options structures available, subject to suitability assessment.

The Approach

A structured engagement, built on governance.

FCMA does not deal in speculation. Every facility is anchored to demonstrable physical exposure, a written hedging policy and a properly classified counterparty.

IOnboarding

Suitability & Mandate

Client classification, KYC and documentation review, followed by a written hedging mandate aligned to your treasury policy and accounting framework.

IIAnalysis

Exposure Mapping

We quantify physical and translational exposure across all four metals — including timing mismatches, currency overlay and underlying basis risk.

IIIExecution

Execution & Reporting

Disciplined execution into deep, regulated venues. Position reporting, mark-to-market valuations and policy compliance reviews delivered on cadence.

See the full process
Open an Account

Open a commercial metals account.

Available to corporates, partnerships and other qualifying counterparties with a demonstrable commercial requirement to hedge metals exposure. Initial enquiries handled by our onboarding desk under strict confidentiality.

Begin a confidential consultation