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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
- MultiBank Group regulation also licensed by CySEC
- Octa regulation also licensed by MISA (Comoros)
- IC Markets regulation also licensed by CySEC
- Eightcap regulation also licensed by CySEC
- XM regulation also licensed by CySEC