Eurotrader vs FXCM: licences compared

Side-by-side view of each broker's licences, regulator tiers and key facts. Remember that protection depends on which entity holds your account.

AttributeEurotraderFXCM
Licence Score44Weak72Strong
Strongest licence 2 Tier 2 1 Tier 1
Licences on record24
1 FCA United Kingdom —Licensed · FRN 217689
1 ASIC Australia —Licensed
2 CySEC Cyprus LicensedLicensed
2 FSCA South Africa LicensedLicensed
Founded20191999
HeadquartersCyprusUnited Kingdom
TypeForex & CFD brokerForex & CFD broker
Publicly listedNoNo
PlatformsMT4, MT5Proprietary, MT4, TradingView
Minimum deposit—US$50
VisitVisit siteVisit site

Frequently asked questions

Is Eurotrader or FXCM better regulated?

FXCM has the higher Licence Score (72 vs 44), based on the number and tier of licences, operating history and public listing.

Which regulators license both Eurotrader and FXCM?

Both are matched to licences from CySEC and FSCA.

Risk warning: CFDs and leveraged forex are complex instruments and come with a high risk of losing money rapidly due to leverage. Most retail investor accounts lose money when trading CFDs. Consider whether you understand how they work and whether you can afford to take the high risk of losing your money. Read more.