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FXOpen regulation

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

Facts last checked . Read the full FXOpen review.

Regulation and safety

Regulated by
FCA (579202); CySEC (194/13)
Regulator tier
Tier 1
Register entry
FCA Financial Services Register, FRN 579202
Client money segregated
Yes under FCA/CySEC entities
Held at
Regulated credit institutions/banks
Negative balance protection
Yes for UK/EU retail clients
Compensation scheme
FSCS up to £85,000 for eligible UK clients; ICF up to €20,000 for eligible EU clients
Audited by
Independent external auditors
Not available to
United States, Belgium, Japan and jurisdictions where services would contravene local law

Check the licence yourself: the FCA Register, the CySEC register of investment firms.

What this means

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

FXOpen holds tier-one authorisations from FCA and 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.

The FCA caps retail leverage at 1:30, mandates negative balance protection, and covers eligible clients under the Financial Services Compensation Scheme.

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

Client money is held separately from the firm's own money, at Regulated credit institutions/banks. 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 FSCS up to £85,000 for eligible UK clients; ICF up to €20,000 for eligible EU clients, which pays eligible clients up to its limit if the firm fails owing client money.

Questions about FXOpen regulation

Who regulates FXOpen?

FXOpen is regulated by FCA (579202); CySEC (194/13).

Is client money segregated at FXOpen?

Yes. FXOpen holds client money separately from its own funds, at Regulated credit institutions/banks.

Does FXOpen offer negative balance protection?

Yes. FXOpen 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 FXOpen