FP Markets 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.

AttributeFP MarketsFXCM
Licence Score69Strong72Strong
Strongest licence 1 Tier 1 1 Tier 1
Licences on record64
1 FCA United Kingdom —Licensed · FRN 217689
1 ASIC Australia Licensed · AFSL 286354Licensed
2 CySEC Cyprus Licensed · Licence 371/18Licensed
2 FSCA South Africa Licensed · FSP 50926Licensed
3 FSC (MU) Mauritius Licensed—
3 CMA (Kenya) Kenya Licensed—
4 FSA (Seychelles) Seychelles Licensed—
Founded20051999
HeadquartersAustraliaUnited Kingdom
TypeForex & CFD brokerForex & CFD broker
Publicly listedNoNo
PlatformsMT4, MT5, cTrader, TradingViewProprietary, MT4, TradingView
Minimum depositUS$100US$50
VisitVisit siteVisit site

Frequently asked questions

Is FP Markets or FXCM better regulated?

FXCM has the higher Licence Score (72 vs 69), based on the number and tier of licences, operating history and public listing.

Which regulators license both FP Markets and FXCM?

Both are matched to licences from ASIC, 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.