As a vocal advocate of foreign exchange regulation and increased investor protection, the FXCM group of companies (collectively, the "FXCM Group") has companies registered and regulated by some of the most respected regulatory bodies in the world. Forex Capital Markets Limited is regulated by the Financial Conduct Authority (FCA) in the UK.
FXCM South Africa (PTY) LTD is an operating subsidiary within the FXCM group of companies (collectively, the “FXCM Group”). FXCM South Africa (PTY) LTD is an authorized Financial Services Provider and is regulated by the Financial Sector Conduct Authority under registration number 46534. Registered address: 114 West Street, 6th Floor, Katherine & West Building, Sandton, 2196, Johannesburg, South Africa.
FINANCIAL STANDARDS AND OVERSIGHT
According to FCA regulations, FXCM LTD must meet strict financial standards, including capital adequacy requirements. On a regular basis, FXCM LTD is required to submit financial reports to regulators. These standards are enforced by the FCA, which has the right to fine firms and terminate their regulatory status for violations.
GREATER TRANSPARENCY OF BUSINESS PRACTICES
The FCA keeps records of all formal proceedings against regulated entities. Visit the Financial Services Register to search the firm’s history with the FCA.
Additionally, accounts with FXCM LTD are segregated in accordance with FCA client money rules. Accordingly, in the unlikely event of default, client funds held in segregated accounts are protected, and cannot be used to benefit other creditors. Learn more about safety of client funds.