Regulation & safety

Broker complaint

Also calledformal complaint

A broker complaint is a formal statement to a brokerage firm alleging a problem with its service, conduct, account administration, disclosures, execution, charges, or handling of client money, and requesting a specified remedy.

What Broker complaint means

A useful complaint identifies the account, dates, instruments or transactions involved, what happened, why it was wrong, the evidence available, and the requested outcome. It should be sent through the firm’s stated complaints channel rather than only through informal live chat. Keep the broker’s acknowledgment and final response.

A clear written record helps the broker investigate and may be required before an external ombudsman or regulator can consider the matter. Complaining promptly can matter because internal and external complaint procedures often have deadlines. A complaint process is not a substitute for managing open-position risk while the issue is investigated.

A trader sees that a $25 inactivity fee was charged despite meeting the account’s stated activity condition. She submits a complaint with the fee notice, trade history, the relevant terms, and a request for reversal. The broker can then investigate the contractual and account-record evidence rather than a vague allegation.

Common questions

What evidence should a broker complaint include?+

Include the account identifier, dates and times, order or transaction references, screenshots where available, statements, relevant terms, communications, and a concise explanation of the remedy sought. Preserve original records rather than editing them.

Can I complain about trade execution?+

Yes, if you believe execution breached the broker’s terms or applicable obligations. State the requested order details, displayed and filled prices, timestamps, market conditions, and why you believe the execution was improper.

Go to the original material.

01Financial Ombudsman Service — How to complain02FCA — Complaints information