The companies that make up FXCM Holdings LLC are regulated in several jurisdictions
Founded in 1999 and headquartered in New York, NY, FXCM has operating subsidiaries regulated in a number of jurisdictions, including the United States, the United Kingdom (where regulatory passport rights have been exercised to operate in a number of European Economic Area jurisdictions including Italy, France, Germany, and Greece), Hong Kong, Japan and Australia.
As a vocal advocate of foreign exchange regulation and increased investor protection, FXCM Holdings LLC has companies registered and regulated by five of the most respected regulatory bodies in the world. Forex Capital Markets Limited (FXCM UK) is regulated by the Financial Services Authority (FSA) in the UK. According to FSA regulations, FXCM UK must meet strict financial standards, including capital adequacy requirements. On a regular basis, FXCM UK is required to submit financial reports to regulators. These standards are enforced by the FSA, which has the right to fine firms and/or terminate their regulatory status for violations.The FSA keeps records of all formal proceedings against regulated entities. With a couple clicks of the mouse, a trader can find out if the firm has had serious problems with clients or regulators. Information can be found online at: http://www.fsa.gov.uk/register/. (FXCM FSA Reg ID: 217689). Accounts with FXCM UK are segregated in accordance with FSA client money rules. FSA, one of the world's most respected financial regulatory bodies, regulates FXCM UK. Accordingly, in the unlikely event of default, client funds held in segregated accounts are protected, and cannot be used to benefit other creditors.
At the heart of FXCM's client offering is No Dealing Desk forex trading. Clients benefit from FXCM's large network of forex liquidity providers enabling FXCM to offer competitive spreads on major currency pairs. Clients have the advantage of mobile trading, one-click order execution and trading from real-time charts. FXCM's U.K. subsidiary, Forex Capital Markets Limited, also offers CFD products and allows clients to trade oil, gold, silver and stock indices along with forex on one platform.
FXCM has received numerous awards from the investment community, including Best Currency Broker from Shares, Best Retail Foreign Exchange Platform from FX Week and Best Foreign Exchange Specialist from Technical Analysis of Stocks & Commodities.
International Awards
2010 FX Traders' Choice Awards - Eagle Award: Best FX Broker - Europe Falcon Award: High Broker Satisfaction- Australia, America, Africa Global FX Broker – Worldwide
2010 What Investment Magazine - Readership Awards - Best FX Provider 2010
2010 MoneyAM - Online Finance Awards - Winner Best Online FX Broker
2009, 2010 FX-week - WINNER Best Retail Platform
2004, 2005, 2006, 2010 Inc. 500 - List of America's Fastest Growing Companies
2009 traderplanet.com - star awards
2008 Stocks & commodities - Best FX Specialist 2002, 2003, 2004 Readers' Choice Award Top U.S. Forex Brokerage
2008 middle east money summit award
Important timelines
1999 Forex Capital Markets (FXCM) founded specializing in forex trading
2001 FXCM becomes a Futures Commission Merchant
2003 Forex Capital Markets Ltd. becomes FSA regulated, opens UK office
FXCM launches DailyFX.com
2007 FXCM Holdings LLC crosses 100,000 account threshold
2008 FXCM Holdings LLC opens offices in France and Australia
2009 Forex Capital Markets Ltd. begins offering CFD Trading
2010 FXCM is listed on the New York Stock Exchange (NYSE), ticker symbol "FXCM"