FXCM vs XTB: 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.

AttributeFXCMXTB
Licence Score72Strong75Strong
Strongest licence 1 Tier 1 1 Tier 1
Licences on record46
1 FCA United Kingdom Licensed · FRN 217689Licensed
1 ASIC Australia Licensed—
2 CySEC Cyprus LicensedLicensed
2 FSCA South Africa LicensedLicensed
2 DFSA United Arab Emirates —Licensed
2 KNF Poland —Licensed
4 FSC (Belize) Belize —Licensed
Founded19992002
HeadquartersUnited KingdomPoland
TypeForex & CFD brokerMulti-asset broker
Publicly listedNoWSE:XTB
PlatformsProprietary, MT4, TradingViewProprietary
Minimum depositUS$50No minimum
VisitVisit siteVisit site

Frequently asked questions

Is FXCM or XTB better regulated?

XTB has the higher Licence Score (75 vs 72), based on the number and tier of licences, operating history and public listing.

Which regulators license both FXCM and XTB?

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.