As a vocal advocate of foreign exchange regulation and increased investor protection, FXCM Holdings LLC has companies registered and regulated by six of the most respected regulatory bodies in the world. Forex Capital Markets Limited (FXCM UK) is regulated by the Financial Services Authority (FSA) in the UK.
According to FSA regulations, FXCM UK must meet strict financial standards, including capital adequacy requirements. On a regular basis, FXCM UK is required to submit financial reports to regulators. These standards are enforced by the FSA, which has the right to fine firms and/or terminate their regulatory status for violations.
The FSA keeps records of all formal proceedings against regulated entities. With a couple clicks of the mouse, a trader can find out if the firm has had serious problems with clients or regulators. Information can be found online at: http://www.fsa.gov.uk/register/.
Accounts with FXCM UK are segregated in accordance with FSA client money rules. FSA, one of the world's most respected financial regulatory bodies, regulates FXCM UK. Accordingly, in the unlikely event of default, client funds held in segregated accounts are protected, and cannot be used to benefit other creditors.