FXCM
Stratos Markets Limited (FXCM)
Assessment summary
FXCM has served traders since 1999 and is part of Jefferies Financial Group. Regulated by the FCA, CySEC, ASIC and FSCA, it is known for its Trading Station platform, strong algorithmic trading support, TradingView and MT4 access, ZuluTrade copy trading and competitive active-trader pricing.
Strengths
- Serving traders since 1999
- Subsidiary of Jefferies Financial Group (NYSE: JEF)
- Regulated by FCA, CySEC, ASIC and FSCA
- Award-winning Trading Station platform with 100+ indicators
- MetaTrader 4 and TradingView integration
- Copy trading via ZuluTrade
- Industry-leading algorithmic trading and API support
- Competitive spreads from about 0.8 pips on EUR/USD
- Active Trader programme with volume rebates
- Trading Central signals, TipRanks and daily market videos
- PayPal, Skrill and bank transfer funding
- Low $50 minimum deposit
Multi-criteria score
A weighted average over criteria that have data only. A “no data” criterion is excluded and lowers data coverage instead.
Data coverage 100% — complete-assessment threshold 70%
- Licensing & regulationWeight 35%8.5/10
Evidence: FCA 217689, CySEC 392/20, ASIC, FSCA; subsidiary of Jefferies Financial Group (NYSE: JEF); since 1999
Assessed: November 12, 2026
- Cost transparencyWeight 24%8.0/10
Evidence: Standard EUR/USD ~0.8-0.9 pips (EU/UK/AU); Active Trader ~0.3 pips + commission with volume rebates
Assessed: November 12, 2026
- Support qualityWeight 18%8.0/10
Evidence: Trading Central, Investing.com and FXStreet news, TipRanks, webinars, ~200 education articles
Assessed: November 12, 2026
- Platforms & toolsWeight 12%9.0/10
Evidence: Trading Station (100+ indicators), MT4, TradingView, ZuluTrade, extensive algo/API support
Assessed: November 12, 2026
- Deposits & withdrawalsWeight 12%8.0/10
Evidence: Bank wire, bank transfer, PayPal, Skrill; $50 minimum deposit
Assessed: November 12, 2026
Legal identity
Legal details are taken from official documents and the regulator's register, and dated.
- Legal name
- Stratos Markets Limited (FXCM)
- Registered in
- UK, Cyprus, Australia, South Africa
- Headquarters
- London, United Kingdom
- Official domain
- www.fxcm.com
- Founded
- 1999
Regulation & licences
Each licence links directly to the regulator's official register. Company registration is not a financial-services licence and is shown separately.
Financial-services licences
| Regulator | Country | Legal entity | Licence no. | Type | Tier | Verified | Reference |
|---|---|---|---|---|---|---|---|
| FCA | United Kingdom | Stratos Markets Limited | 217689 | Investment Firm | Tier 1 | Nov 12, 2026 | View on regulator's site |
| ASIC | Australia | Stratos Trading Pty. Limited | — | AFSL | Tier 1 | Nov 12, 2026 | View on regulator's site |
| CySEC | Cyprus | Stratos Europe Ltd | 392/20 | CIF | Tier 1 | Nov 12, 2026 | View on regulator's site |
| FSCA | South Africa | Stratos South Africa (Pty) Ltd | — | FSP | Tier 2 | Nov 12, 2026 | View on regulator's site |
Trading accounts
Figures as advertised by the broker on the review date.
| Account | Spread from | Avg EURUSD | Commission | Leverage | Min. deposit | Margin call | Stop out | Swap-free | Base currencies |
|---|---|---|---|---|---|---|---|---|---|
Standard Standard | — | 0.9 | No commission | — | $50 | — | — | — | |
Active Trader Pro | — | 0.3 | $2.5 per side + rebates | — | $25,000 | — | — | — |
Trading conditions & services
Platforms
- MT4
- TradingView
- Proprietary
- WebTrader
- Mobile App
- Forex
- طلا و فلزات
- شاخص
- کالا
- سهام CFD
- رمزارز
440 tradable instruments
- Copy trading
Client protection
- Segregated client funds
Full review
About FXCM
FXCM (Forex Capital Markets) has been serving retail traders since 1999 and is part of Jefferies Financial Group (NYSE: JEF). Its main operating entity, Stratos Markets Limited, is based in London. In October 2026, AvaTrade announced an agreement to acquire the majority of FXCM Group's business and brand.
FXCM is widely recognised for its trading technology. Its platforms and algorithmic trading tools have received multiple industry awards.
Regulation
| Regulator | Entity | Licence |
|---|---|---|
| FCA (UK) | Stratos Markets Limited | 217689 |
| CySEC (EU) | Stratos Europe Ltd | 392/20 |
| ASIC (Australia) | Stratos Trading Pty. Limited | — |
| FSCA (South Africa) | Stratos South Africa (Pty) Ltd | — |
Account types
| Feature | Standard | Active Trader |
|---|---|---|
| Pricing | Spread only | Raw spread + commission |
| EUR/USD (typical) | ~0.8–0.9 pips | ~0.3 pips + $2.50 per side |
| Minimum deposit | $50 | $25,000 |
| Extras | — | Volume-based rebates |
A demo account is available for practice before trading live.
Platforms and tools
- Trading Station: FXCM's flagship platform for web and Windows, with 100+ indicators and advanced charting
- MetaTrader 4
- TradingView integration
- ZuluTrade copy trading (not available in all regions)
- Algo trading: API access and support for QuantConnect, MotiveWave, Sierra Chart, NeuroShell Trader, StrategyQuant and more
- Mobile apps for iOS and Android
Research and education
Trading Central analysis and signals, news from Investing.com and FXStreet, the TipRanks screener, FXCM Plus signals, plus daily videos and podcasts. Education includes nearly 200 articles, guides, webinars and video courses for beginners and advanced traders.
Markets
About 440 instruments, including forex pairs, indices, commodities, metals, share CFDs and cryptocurrency CFDs (availability varies by region).
Deposits and withdrawals
Bank wire, bank transfer, PayPal and Skrill, with a $50 minimum deposit.
FAQ
Is FXCM regulated? Yes. FXCM entities are regulated by the FCA (UK), CySEC (EU), ASIC (Australia) and FSCA (South Africa).
What is the minimum deposit? $50 on the Standard account.
Does FXCM offer copy trading? Yes, through ZuluTrade in eligible regions.
This review is based on publicly available information and FXCM's official materials. Leveraged forex and CFD trading carries a high level of risk. Past results do not guarantee future results. Questions? Telegram support @fibonacci_chart
User complaints
Complaints are published after spam checks, removal of personal data and an opportunity for the broker to respond.
There are no published complaints about this broker.
This profile was assessed under methodology v1.0. Spotted a mistake? Report it and we'll review within 48 hours.
Forex and CFD trading carries a high risk due to leverage and you may lose more than your initial deposit. Content on this site is educational and not investment advice.