Is FXTM a Scam? Regulation Check 2026
We checked FXTM's licence in the official FSC register. Here is what the public records say.
Verdict
FXTM is NOT a scam. It holds FSC licence GB19425494, authorising it to offer trading services in India.
How to verify on the official register
| Regulator | FSC Financial Services Commission (FSC) |
| Licence Number | GB19425494 |
| Regulated Entity | Exinity Ltd |
| Founded | 2011 |
What FSC regulation means
FSC-regulated brokers must keep client funds in segregated accounts, provide negative balance protection, and submit to independent audits. Clients can file complaints with FSC directly.
What FSC regulation means for your money
- Client funds held in segregated bank accounts, separate from FXTM's own capital
- Negative balance protection — you cannot lose more than your deposit
- Right to file complaints directly with FSC if FXTM fails to resolve your issue
- FXTM submits to regular independent financial audits under FSC oversight
Frequently Asked Questions
Is FXTM a scam or legitimate?
FXTM is NOT a scam. It holds FSC licence number GB19425494. FSC is one of the world's most respected financial regulators. The licence is publicly verifiable in the FSC official register.
How do I check FXTM's FSC licence?
Go to the official FSC website and use the public register search. Search for licence number GB19425494 or the entity name. The record will confirm FXTM's authorisation status and the scope of its permissions.
Are my funds safe with FXTM?
As an FSC-regulated broker, FXTM must keep all client funds in segregated bank accounts, completely separate from company funds. This protects your deposits even if FXTM encounters financial difficulties.
What protection do I have as a FXTM client in India?
In India, FXTM operates under FSC 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 FSC.
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