FXCM Review 2026
Full FXCM review for Australia traders — regulation, spreads, fees and our honest verdict.
Regulation in Australia
| Regulator | ASIC ASIC — Australian Securities and Investments Commission (ASIC) |
| Licence Number | 309763 |
| Regulated Entity | FXCM Australia Pty Ltd |
| Max Leverage (Forex) | 1:30 |
| Minimum Deposit | $50 |
| EUR/USD Spread | From 1.3 pips |
| Instruments | 300+ |
| Platforms | Trading Station, MT4, NinjaTrader |
| Copy Trading | ✗ |
| Real Stocks | ✗ |
| Inactivity fee | Inactivity fee: USD50/month after 12 months |
Verdict
Regulated by ASIC (licence 309763). Minimum deposit $50. In Australia: maximum forex leverage 1:30.
About FXCM
FXCM was founded in 1999 and is headquartered in London, UK. The broker offers 300 tradeable instruments including forex pairs, CFDs on stocks, indices and commodities. It is regulated across multiple jurisdictions with a primary licence held by FXCM Australia Pty Ltd under ASIC.
In Australia, FXCM operates as FXCM Australia Pty Ltd, authorised by ASIC under licence number 309763. Australia traders are subject to a maximum leverage of 1:30 on forex pairs under ASIC rules.
Trading Platforms
Pros
- ASIC regulated — licence 309763
- 300+ instruments to trade
- Negative balance protection in Australia
- Platforms: Trading Station, MT4, NinjaTrader
Cons
- Inactivity fee: USD50/month after 12 months
- 76% of retail clients lose money
- CFD trading — you do not own the underlying asset
- No real stock ownership
Frequently Asked Questions
Is FXCM regulated?
FXCM holds ASIC licence 309763, issued to the regulated entity {entity}. This is a real, verifiable licence recorded in the official ASIC public register.
What is the minimum deposit for FXCM in Australia?
The minimum deposit is $50. This is the amount required to open a live trading account for traders in Australia under ASIC regulation.
What leverage does FXCM offer in Australia?
In Australia, FXCM offers maximum forex leverage of 1:30 under ASIC rules. Higher leverage may be available through offshore-regulated entities.
Is FXCM safe to trade with?
FXCM is regulated by ASIC, which requires segregated client funds, negative balance protection and independent audits. Regulation does not eliminate trading risk, but it provides meaningful investor protection.
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