FXCM vs Vantage: 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.

AttributeFXCMVantage
Licence Score72Strong69Strong
Strongest licence 1 Tier 1 1 Tier 1
Licences on record45
1 FCA United Kingdom Licensed · FRN 217689Licensed
1 ASIC Australia LicensedLicensed
2 CySEC Cyprus Licensed—
2 FSCA South Africa LicensedLicensed
3 CIMA Cayman Islands —Licensed
4 VFSC Vanuatu —Licensed
Founded19992009
HeadquartersUnited KingdomAustralia
TypeForex & CFD brokerForex & CFD broker
Publicly listedNoNo
PlatformsProprietary, MT4, TradingViewMT4, MT5, TradingView, Proprietary
Minimum depositUS$50US$50
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Frequently asked questions

Is FXCM or Vantage 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 FXCM and Vantage?

Both are matched to licences from ASIC, FCA 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.