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…
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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.
The exact transfer date for your account is stated in your notification email. You will receive an initial notification, a reminder, and a final notice ahead of the transfer, and AvaTrade will send you a welcome email with your new…
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Complete the short opt-out form linked in your notification email before the opt-out deadline. You will then need to close any open positions and withdraw your funds before the transfer date. If any positions are still open on the transfer…
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No action is required. Your account will transfer automatically on the transfer date. If you would prefer not to transfer, you can opt out via a simple form before the opt-out deadline.
Also, please download your full FXCM account history for your records from MyFXCM.
Your account transfers to Ava Trade Markets Ltd, regulated by the British Virgin Islands Financial Services Commission (BVI FSC, licence No. SIBA/L/13/1049).
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…
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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, including by the Central Bank of Ireland, ASIC (Australia), CySEC (Cyprus),…
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FXCM clients are being transferred to AvaTrade, a globally regulated, multi-asset broker.