The security of your funds is our top priority. All retail client funds are housed in segregated accounts at top global banks. In addition, we commit to full transparency so you understand our financial strength.
REGULATION AND LICENCE
Forex Capital Markets Limited ("FXCM") is regulated by the Financial Conduct Authority ("FCA"), registration number 217689.
CLIENT FUND SEGREGATION
As FXCM is regulated by the FCA, we are obliged to follow the client money rules in the FCA's Client Assets Sourcebook ("CASS"). The CASS rules require FXCM to ensure a clear segregation between money belonging to retail clients and money that belongs to the firm. Retail client money is transferred to a segregated client money bank account held with a third party. FXCM only deposits client money with third parties that have a credit rating equivalent to the FCA's Credit Quality Step 5 rating. FXCM exercises all due diligence in the selection, appointment and periodic review of third parties.
CLIENT FUND SECURITY
In the unlikely event of FXCM insolvency, segregated client funds cannot be used for reimbursement to FXCM's creditors. If we are unable to satisfy repayment claims, eligible claimants have the right to compensation by the Financial Services Compensation Scheme, up to £50,000.