The FinancialCompensation Fund: YOU ARE NOT PROTECTED
Membership status: Not Registered
Regulation: ASIC, FCA, FSCA
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Contact Financial Commission
Regulatory Actions
FCA fines FXCM UK £4 million for:
- Holding profits earned by UK clients worth approximately $9,941,970
CFTC levies $6 million penalty to FXCM in correlation with their inability to:
- Supervise the handling of customer accounts with respect to slippage
- Failure to produce certain books and records promptly
FXCM is a leading provider of online foreign exchange (FX) trading, CFD trading, spread betting and related services. Founded in 1999, the company’s mission is to provide global traders with access to the world’s largest and most liquid market by offering innovative trading tools, hiring excellent trading educators, meeting strict financial standards and striving for the best online trading experience in the market.