Information about FXCM UK
FXCM UK, company number 04072877, is a private limited company incorporated in England and Wales with its registered office at 20 Gresham Street, 4th Floor, London EC2V 7JE, United Kingdom. FXCM UK is authorised and regulated in the United Kingdom by the Financial Conduct Authority (“FCA”) under registration number 217689. To find out more about FXCM UK, please feel free to visit its website at: www.fxcm.com/uk/.
How will the transfer affect you?
Following a successful transfer, FXCM UK will be the sole legal entity responsible for providing ongoing trading services to you for any migrated account. Margins on your account with FXCM UK will be tied to a notional value of all open contracts in your portfolio rather than the fixed amounts currently applicable to your account with FXCM AU. FXCM UK will still offer you access to the same range of products such as rolling spot foreign exchange contracts (with currency pairs identical to those available through FXCM AU) and contracts for difference (which will allow you to trade oil, gold, silver, stock indices and the US Dollar basket). In addition, FXCM UK offers spread betting to residents of the UK and Ireland.
With FXCM UK, you will have a new customer agreement. Additionally, any funds and assets that FXCM AU currently holds for you will be transferred to FXCM UK, and held by FXCM UK thereafter. Please read the new agreement carefully, as your rights and obligations may change.
The type of execution you receive upon transfer depends on your account’s equity. If it is 20,000 units of the account’s base currency or lower and provided open positions and pending orders on unavailable instruments are closed prior to the transfer you will be put onto a dealing desk execution. Otherwise, you will be on a 100:1 leverage with No Dealing Desk. Read Dealing Desk execution risks
||No Dealing Desk
1Equity break points to move on to a new leverage tier are denominated in units of the account’s base currency; this can be GBP, EUR or USD
By submitting the this form, I authorise and direct FXCM AU to transfer my account (including but not limited to all monies, assets, open positions and personal information) to FXCM UK, subject to the following terms and conditions (the "Transfer Terms"):
FXCM AU and FXCM UK will use commercially reasonable efforts to review (and if it so decides, process) your transfer request in due course. Please feel free to contact client services should you have any questions, comments or concerns regarding your request, the Transfer Terms, or the transfer itself.