The company is licensed in several countries and is regulated by the relevant financial supervision commissions. Licenses allow it to offer financial services, including forex.
However, the company’s US license has been revoked recently. That means FXCM had regulatory violations and was forced to withdraw its operations in the United States. Besides, the UK’s Financial Conduct Authority (FCA) fined FXCM to the amount of several million pounds due to asynchronous re-quoting of the customers.
So far, we haven’t received any complaints from clients of FXCM.
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