FXCM Review 2026
Full FXCM review for United Kingdom traders — regulation, spreads, fees and our honest verdict.
Regulation in United Kingdom
| Regulator | FCA FCA — Financial Conduct Authority (FCA) |
| Licence Number | 217689 |
| Regulated Entity | FXCM 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 FCA (licence 217689). Minimum deposit $50. In United Kingdom: 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 Ltd under FCA.
In United Kingdom, FXCM operates as FXCM Ltd, authorised by FCA under licence number 217689. United Kingdom traders are subject to a maximum leverage of 1:30 on forex pairs under FCA rules.
Trading Platforms
Pros
- FCA regulated — licence 217689
- 300+ instruments to trade
- Negative balance protection in United Kingdom
- 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 FCA licence 217689, issued to the regulated entity {entity}. This is a real, verifiable licence recorded in the official FCA public register.
What is the minimum deposit for FXCM in United Kingdom?
The minimum deposit is $50. This is the amount required to open a live trading account for traders in United Kingdom under FCA regulation.
What leverage does FXCM offer in United Kingdom?
In United Kingdom, FXCM offers maximum forex leverage of 1:30 under FCA rules. Higher leverage may be available through offshore-regulated entities.
Is FXCM safe to trade with?
FXCM is regulated by FCA, 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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