FXCM vs Markets.com: 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.

AttributeFXCMMarkets.com
Licence Score72Strong66Strong
Strongest licence 1 Tier 1 1 Tier 1
Licences on record44
1 FCA United Kingdom Licensed · FRN 217689Licensed
1 ASIC Australia Licensed—
2 CySEC Cyprus LicensedLicensed
2 FSCA South Africa LicensedLicensed
4 BVI FSC British Virgin Islands —Licensed
Founded19992008
HeadquartersUnited KingdomCyprus
TypeForex & CFD brokerForex & CFD broker
Publicly listedNoNo
PlatformsProprietary, MT4, TradingViewProprietary, MT4, MT5
Minimum depositUS$50US$100
VisitVisit siteVisit site

Frequently asked questions

Is FXCM or Markets.com better regulated?

FXCM has the higher Licence Score (72 vs 66), based on the number and tier of licences, operating history and public listing.

Which regulators license both FXCM and Markets.com?

Both are matched to licences from FCA, 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.