Client Funds
FXCM Australia's client funds are housed in segregated accounts. In addition, we are committed to full transparency to ensure all clients understand our company's financial status.
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Where is FXCM regulated and licensed?
The Stratos group of companies (collectively, the "Stratos Group") has companies registered by many of the most respected regulatory bodies in the world. Stratos Group International, LLC is a holding company of all affiliates and other firms under the Stratos group of companies, including Stratos Trading Pty. Limited.
Stratos Trading Pty. Limited is regulated by the Australian Securities and Investments Commission ("ASIC"). Australian Financial Services License Number: 309763. The Stratos group has companies regulated with highly respectable regulators in the United Kingdom and Cyprus.
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How are my funds secured with FXCM Australia?
In accordance with the Australian client money rules, FXCM's client funds are held in segregated bank accounts with an Australian authorised deposit-taking institution (Australian ADI), and held separately to FXCM's corporate/operational funds accounts.
FXCM strictly follows the Australian Client Money Rules when making deposits into, withdrawals from or making payments out of the client money account. Client money received is paid into the segregated client money trust account on the day it is received or by the next business day it is received by FXCM. For withdrawals or payments, for example, payments may be made out of the client money account under your written directions or to pay off any obligations incurred by FXCM in connection with the transaction you have entered into.
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Where can I learn about FXCM's financial strength and solvency?
All clients can view the audited financial statements here: Press Releases
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What would happen in the unlikely event of insolvency of FXCM?
In accordance with Australian client money rules, FXCM's client funds are held in segregated bank accounts with Citibank in Australia, which is an Australian authorised deposit-taking institution, and held separately to FXCM's corporate/operational funds accounts. In the event that FXCM becomes insolvent, the client money account is taken to be subject to a trust in favour of each person who is entitled to be paid money from that account. The Australian client money rules mandate the orders that the client money should be paid out in the event of insolvency.
FXCM's PDS are available for you to download, and they are designed to help you make an informed decision.