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FXCC regulation

Across a hundred brokers, the licence is what separates the field fastest. Here is FXCC's regulatory record in full.

Facts last checked . Read the full FXCC review.

Regulation and safety

Regulated by
MISA (BFX202408); CySEC (121/10) through EU entity; VFSC registration/licensing also disclosed for Central Clearing Ltd
Regulator tier
Tier 1
Register entry
CySEC CIF Register, licence 121/10
Client money segregated
Yes
Held at
Regulated banking institutions
Negative balance protection
Yes
Compensation scheme
Investor Compensation Fund up to €20,000 for eligible CySEC/EU clients; no statutory compensation scheme for international MISA clients
Audited by
Independent external auditors
Not available to
United States and other jurisdictions where FXCC services are prohibited or restricted

Check the licence yourself: the CySEC register of investment firms.

What this means

Across a hundred brokers, the licence is what separates the field fastest.

FXCC holds a tier-one authorisation from CySEC. That matters more than any headline spread: it determines your leverage cap, whether losses can exceed your deposit, and what happens to your money if the firm fails.

It also operates an offshore entity (VFSC). Which one you are onboarded to depends on where you live, and the two carry very different protections - worth confirming before you deposit.

CySEC licences passport across the EU and follow the 1:30 retail leverage cap, with the Investor Compensation Fund covering eligible claims.

Vanuatu's VFSC is an offshore licence with limited oversight and no compensation scheme. It is often the entity that offers the highest leverage.

Client money is held separately from the firm's own money, at Regulated banking institutions. That separation is what makes your balance recoverable if the company fails, rather than part of the pool its creditors divide up.

Negative balance protection applies, so a losing position cannot take the account below zero and leave you owing the broker money.

Covered by Investor Compensation Fund up to €20,000 for eligible CySEC/EU clients; no statutory compensation scheme for international MISA clients, which pays eligible clients up to its limit if the firm fails owing client money.

Questions about FXCC regulation

Who regulates FXCC?

FXCC is regulated by MISA (BFX202408); CySEC (121/10) through EU entity; VFSC registration/licensing also disclosed for Central Clearing Ltd.

Is client money segregated at FXCC?

Yes. FXCC holds client money separately from its own funds, at Regulated banking institutions.

Does FXCC offer negative balance protection?

Yes. FXCC offers negative balance protection, so a losing position cannot leave you owing the broker more than your account held.

Regulation at brokers under the same regulator

More about FXCC