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FXCM

Controversies

Controversies tied to this brand in public sources. A listing is not a finding of fault.

Back to profile3 entries

  1. 2017

    CFTC fraud and misrepresentation settlement

    The CFTC concluded that FXCM had misrepresented the operation of its no-dealing-desk model and imposed a $7 million penalty. FXCM withdrew its US registration and was barred from returning to the US market through that registration.

  2. 2014

    FCA enforcement over execution practices

    The FCA fined FXCM and FXCM Securities and required customer payments in connection with slippage controls and notification of the related CFTC investigation.

  3. 2011

    US slippage and price-improvement enforcement

    The NFA fined FXCM over slippage practices, and the CFTC later required restitution for customers who had not received qualifying positive-slippage gains.