Is FXCM a Scam? Regulation Check 2026
We checked FXCM's licence in the official ISA register. Here is what the public records say.
Verdict
FXCM is NOT a scam. It holds ISA licence 515072165, authorising it to offer trading services in Israel.
How to verify on the official register
| Regulator | ISA ISA Israel Securities Authority (ISA) |
| Licence Number | 515072165 |
| Regulated Entity | FXCM Israel Ltd |
| Founded | 1999 |
What ISA regulation means
ISA-regulated brokers must keep client funds in segregated accounts, provide negative balance protection, and submit to independent audits. Clients can file complaints with ISA directly.
What ISA regulation means for your money
- Client funds held in segregated bank accounts, separate from FXCM's own capital
- Negative balance protection โ you cannot lose more than your deposit
- Right to file complaints directly with ISA if FXCM fails to resolve your issue
- FXCM submits to regular independent financial audits under ISA oversight
Frequently Asked Questions
Is FXCM a scam or legitimate?
FXCM is NOT a scam. It holds ISA licence number 515072165. ISA is one of the world's most respected financial regulators. The licence is publicly verifiable in the ISA official register.
How do I check FXCM's ISA licence?
Go to the official ISA website and use the public register search. Search for licence number 515072165 or the entity name. The record will confirm FXCM's authorisation status and the scope of its permissions.
Are my funds safe with FXCM?
As an ISA-regulated broker, FXCM must keep all client funds in segregated bank accounts, completely separate from company funds. This protects your deposits even if FXCM encounters financial difficulties.
What protection do I have as a FXCM client in Israel?
In Israel, FXCM operates under ISA supervision. You are entitled to: segregated client funds, negative balance protection (you cannot lose more than you deposit), and the right to file complaints directly with ISA.
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