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FXCM

FXCM

Verified United Kingdom Founded 1999

XRAY Review

Positive evidence

FXCM (Stratos Markets Limited): Strong regulatory footprint with moderate risk-control, execution and fund-security evidence

FXCM is the trading brand associated with Stratos Markets Limited, a UK entity. The evidence shows four active licences across five verified entities, with the FCA-rated entity providing investor protection, negative balance protection and segregated accounts. The authoritative overall rating is 8.15, with regulation scoring 10 at full confidence, reflecting four active licences and no adverse licence records. The single risk record is a suitability complaint that was not upheld by the Financial Ombudsman Service, meaning no confirmed misconduct is reflected in this dataset. Lower-scored dimensions are risk_control at 6.34, execution_quality at 5.99 and fund_security at 7.4. The record notes high maximum leverage of up to 1000 and very high average ping values within the MT4 terminal data, which are execution and risk-profile considerations rather than evidence of misconduct. Protection is not uniform across the group: an entity-level licence such as the Israeli ISA licence does not carry negative balance protection, investor protection or segregated accounts. A customer's protection therefore depends on which legal entity they contract with. The overall evidence supports a positive institutional view, but it does not guarantee withdrawals, returns or suitability for any customer.

Generated
  • Full-confidence regulation score

    The regulation dimension scores 10 with confidence 1, based on four active licences and zero adverse licence records across the disclosed entities.

  • Strongest licence from the UK FCA

    Stratos Markets Limited holds an FCA market-making licence with negative balance protection, investor protection and segregated accounts, and the regulator is rated 10.

  • No confirmed misconduct in the risk records

    The only risk record is a suitability complaint that the Financial Ombudsman Service did not uphold, and the ombudsman found no obligation to close positions and treated the risk warnings and suitability assessment as adequate.

  • Verified entity and website footprint

    Five entities are verified, the transparency score is 8.69 at confidence 1, and active official websites are present in English, Traditional Chinese and Malay.

  • Negative balance protection is entity-specific

    The Israeli ISA licence for Stratos Light Ltd does not include negative balance protection, investor protection or segregated accounts, so customer protection depends on the contracting entity.

  • High maximum leverage disclosed

    The terminal data shows maximum leverage of 1000, and the risk-control dimension is 6.34 with confidence 0.8, so leverage-related exposure is a material consideration.

  • Execution quality evidence is mixed and lower-confidence

    Execution quality scores 5.99 with confidence 0.65, and the MT4 terminal data includes an average ping of 7919 ms across 40 servers, alongside a median ping of 234 ms and 96 latency samples.

  • Fund security evidence is partly record-based

    Fund security scores 7.4, with segregated-account and investor-protection records at 4 and no account-level disclosures in the supplied data, so entity-specific account terms should be checked directly.

  1. Confirm which legal entity is named on your account agreement and where that entity is licensed.
  2. Verify the licence number and current status on the relevant regulator's public register.
  3. Check the account's negative balance protection, segregated account and investor protection terms for your specific entity.
  4. Review the maximum leverage available for your account and how margin calls are handled.
  5. Confirm execution venue, server locations and latency characteristics relevant to your connection.
  6. Ask the broker for written account terms covering fund handling, withdrawals and complaint procedures.

This AI review summarizes the structured public evidence currently available. It may omit recent changes and is not investment, trading, or account-opening advice. Always verify the contracting entity, licence, and customer agreement independently.

Accounts and trading

Platforms

Official disclosures

Entities and regulation

Check the contracting entity, region and current official terms before opening an account.

Related entities 5

A licence record applies to its named entity and authorised scope.
Full company name
STRATOS TRADING PTY. LIMITED
Country / region
Australia
Founded
2016-03-30
LEI
549300YKID14SNG0P344
Registered address
MELBOURNE,3000,Victoria,Australia
Status
Active
Australia Securities & Investment Commission
Australia Securities & Investment CommissionASIC
Licence status: Active
Licence number
309763
Verification status
Verified
Licence type
ASIC Australian financial services licence
Effective date
2007-05-15
Last checked
2026-09-27

Business permissions 3

  • Provide financial product advice
  • Deal In A Financial Product
  • Make A Market For A Financial Product

User rating

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—/ 5

Rated reviews: 0

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Risk watch

No recent risk signals

Observation · not a safety rating

Reading note · Scores reflect available evidence. Recent risk signals are not a safety rating. Check the source, date, and contracting entity.

Insights

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Company and services

Stratos Markets Limited is part of the FXCM group, which provides online forex and CFD trading services to retail and institutional clients through digital platforms.

Full company name
Stratos Markets Limited
Founded
1999-01-01
Registered address
110 Bishopsgate, 17th Floor, London EC2N 4AY, United Kingdom
Supported languages
Chinese (Traditional) · English · Malay