Yes. Following the transfer, your account will be regulated by the Central Bank of Ireland rather than by ASIC. Your key protections will continue to apply. These include leverage limits, automatic margin close-out and negative balance protection. The main differences…
Learn More
Your account transfers to Ava Trade EU Limited, authorised and regulated in Ireland by the Central Bank of Ireland (No. C53877). You keep the same ESMA-aligned investor protections, together with cover under the Irish Investor Compensation Scheme, which is operated…
Learn More
Yes. Opting out through one email address will not automatically apply to account(s) registered under a different email address. If you have FXCM trading accounts registered under different email addresses, you will need to fill in a form for each email address.
FXCM will no longer be offering trading accounts in your region and has agreed to transfer its client business to AvaTrade. For you as a client, the move is designed to provide continuity of your trading with an established, globally…
Learn More
AvaTrade is a long-established, award-winning, multi-asset broker, founded in 2006 and headquartered in Dublin, Ireland. It serves hundreds of thousands of clients worldwide and is regulated in multiple jurisdictions.
Pending orders, including stops and limits, will not be transferred. We strongly recommend re-placing them on your new AvaTrade account once it is live, so your risk management remains in place.
FXCM has agreed to transfer its business to AvaTrade, a globally regulated, multi-asset broker.
If you hold an open position in an instrument AvaTrade does not offer, that position will be closed before the transfer date at the prevailing market price. The resulting balance will transfer with your account. You can view the full…
Learn More
After market close on your transfer weekend, and prior to the Sunday market open, AvaTrade will update your new account with its current FXCM balance and reopen any supported positions at their original open rates. Therefore, your floating P/L will…
Learn More
Yes. You are free to close your positions and withdraw your funds at any time before closure of trading. Clients who opt out, should do exactly this before the relevant deadline. Log into MyFXCM as normal to request a withdrawal.
Yes. Your account balance is transferred automatically on the transfer date; no action is required to move your funds.
Yes. On the transfer date your funds will be moved to AvaTrade, where they will be held in accordance with local client money rules. AvaTrade is regulated across multiple jurisdictions with segregated client funds.