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64 brokers measured in Australiabroker data checked 11.10.2026
FXCM logoFXCMStratos Trading Pty Ltd

FXCM in Australia — review, licence and costs

Written and checked by the Southerly editorial team · how we score ·  score recalculated 01.10.2026
noAccepts residents of AustraliaOpened by FXCM (Australia) Pty Ltd, ASIC licence 309763, register checked 27.08.2026

Score (6 of 6 axes scored)

4.22.0–5.0

ranked against full-basis brokers

  • Reviews25%65
  • Round-turn cost20%87.5
  • Safety20%90
  • Payouts15%60
  • Track record10%100
  • Platforms10%25

Numbered by weight: axis 1 counts for most.

2 + 3 × 0.733 = 4.2 · axes on 0–100, total on 2.0–5.0

Key facts (5 facts)

Onboarding entity
Stratos Trading Pty Ltd
Founded
1999
Round turn
7.5 USDAU
Currencies
Not stated
Swap-free account
—

"group" marks a figure the broker publishes for the group rather than for this country. It is shown because the broker states it, and it is not ranked, averaged or used to sort.

Licence check

ASIC AFSL 309763
309763
Number listed on the registerchecked 27.08.2026asic.gov.au
Open an account with FXCM

The broker's own website. Not a partner link — we earn nothing from it.

Screenshot of the FXCM website
FXCM's own site, captured for this review (07.10.2026)

Who actually onboards you

Entity that onboards Australia residents
Stratos Trading Pty Ltd
Local standing
ASIC regulated
Licence as the register states it
ASIC AFSL 309763
Leverage for this entity
Not stated
The firm behind it
Global broker, Melbourne office
What we hold against it
AFCA complaints path

Leverage by entity

The licence belongs to the firm; a leverage figure belongs to one entity. Only the entity that onboards Australian residents enters the score.

The entity that onboards youStratos Trading Pty LtdLocal or offshore not stated in the source · ASIC licence

Not stated

—AU
Australia median, local entities: 1:50 · 18 of 20 stated

Scale from 1:10 to 1:3000, logarithmic.

Client protection

  • Local entity onboards youASIC regulated
  • Regulator warning on filenone found

— means the broker does not state it in any source we captured. It is not read as “no protection” and it is not scored.

Price against Australia market median(priced from 73 of 76)

Round turn, 1 lot EURUSD, spread plus commission, USD
FXCM, raw spread plus commission7.5
Australia median, all 73 priced6
Australia median, the 62 priced on the raw spread plus commission6

Medians run over the 73 of 76 brokers that publish a price for Australia, never over the whole base. A spread without its commission is not a price and is not counted.

Accounts

Account types the broker names for this country: Live, demo, corporate, trust. The figures below are the broker's own and do not differ by account in any source we captured.

Swap-free account terms

Terms read from the account page on 01.10.2026. The cap on open positions is not published.

Cost calculator (median of 73 priced of 76)

FXCM, per month150.00 USD
Australia median, per month120.00 USD

EURUSD round turns at the prices captured 01.10.2026. Shown in USD only: we do not publish a AUD conversion because the exchange rate is not part of our data.

Where FXCM sits in the Australia base(76 brokers)

Round-turn cost, USD (73 of 76 priced)

9<5
5710
315
320
125
030
0>30

Median 6 USD · range 1.5-20 · this broker 7.5 USD · 3 of 76 brokers do not publish it

Minimum deposit, USD (16 of 76 priced)

8<20
040
360
180
4>80

Median 32.5 USD · range 0-100 · this broker 50 USD · 60 of 76 brokers do not publish it

Retail leverage (43 of 76 with a Australia figure)

32<1k
62k
33k
04k
2>4k

Median 1:30 · range 30-5000 · 33 of 76 brokers do not publish it

Withdrawal time published (76 brokers)

6of 64
Published, hours6not published38FXCM is one of the 6

Deposit and withdrawal methods (1 methods · 0 local rails)

Not stated

    Account currency
    Not stated
    Fee declared
    0 of 0 methods
    Withdrawal back to
    the funding method

    Where it does not serve(18 countries)

    Australia, United States, Canada, United Kingdom, European Union, Hong Kong, Israel, Japan

    From the client agreement, clause 2.3. A country missing from a translated page is not read as “served”.

    Platforms and markets(4 platforms)

    • Trading Station
    • MT4
    • Mirror Trader
    ClassCountMin spread
    Trading Station—1.3
    MT4—1.3
    Mirror Trader—1.3
    Forex pairs41—

    — the broker does not publish this figure; it is not read as a zero and it is not scored.

    Pros and cons(3 for and 5 against, each tied to a figure on this page)

    For
    • Locally authorised, licence 309763, read on 27.08.2026
    • Track record 100 of 100, its strongest of 6 scored axes
    • 3 platforms: Trading Station, MT4, Mirror Trader
    Against
    • Round turn 7.5 USD on the raw + commission basis, over the Australia median 6
    • A regulator warning is on file against this broker
    • Min deposit 50 USD, over the Australia median 32.5
    • Withdrawal in 48 h, over the Australia median 24
    • Platforms 25 of 100, its weakest of 6 scored axes

    Alternatives in Australia(6 of 76 scored in Australia)

    3.87
    ATFX
    Locally licensed
    Round turn, USD
    7AU
    Min deposit, USD
    75AU
    Leverage
    30AU
    Rank in this country
    #43
    4.43
    MultiBank Group
    Locally licensed
    Round turn, USD
    6AU
    Min deposit, USD
    50AU
    Leverage
    30AU
    Rank in this country
    #11
    3.79
    OANDA
    Locally licensed
    Round turn, USD
    6AU
    Min deposit, USD
    0AU
    Rank in this country
    #48
    3.96
    VT Markets
    Locally licensed
    Round turn, USD
    6AU
    Min deposit, USD
    50 groupAU
    Leverage
    500 group
    Rank in this country
    #40
    4.61
    IC Markets
    Locally licensed
    Round turn, USD
    7AU
    Min deposit, USD
    200 groupAU
    Leverage
    30AU
    Rank in this country
    #2
    3.86
    BlackBull Markets
    Licensed elsewhere
    Round turn, USD
    6AU
    Min deposit, USD
    0 groupAU
    Leverage
    500 group
    Rank in this country
    #44

    Methodology(6 axes · formula v1.0)

    Score = 2 + 3 × weighted mean of six axes scored 0–100. Range 2.0–5.0. An axis without data drops out and the remaining weights are renormalised; it is never scored zero or estimated. Group-wide figures never enter a Australia score. Full methodology

    AxisWeightWhat is measuredFXCM
    Reviews25%Rating, volume and recency on one public review platform65
    Round-turn cost20%Round turn on 1 lot EURUSD: spread plus commission, against the country median88
    Safety20%Local authorisation, the entity that onboards you, any regulator warning90
    Payouts15%Published withdrawal time, fees and the methods available in the country60
    Track record10%Years since the firm was founded, from its own filings100
    Platforms10%Which trading platforms the broker confirms for this country25

    FAQ

    Does FXCM accept residents of Australia?
    No. ASIC regulated Onboarding entity: Stratos Trading Pty Ltd
    Is FXCM licensed to serve clients in Australia?
    ASIC AFSL 309763 Checked on 27.08.2026.
    How much does one round turn cost at FXCM?
    About 7.5 USD per standard lot on EUR/USD. The median across brokers measured for Australia is 6.0 USD.
    Which trading platforms does FXCM support?
    Trading Station, MT4, Mirror Trader. Instruments: FX, CFDs, crypto CFDs
    How can I withdraw money from FXCM in Australia?
    Not stated
    What account types does FXCM offer?
    Live, demo, corporate, trust

    Taxes for an Australian resident(1 rule)

    • Forex/CFD trading gains are not subject to a special standalone tax regime in the cited sources;https://fxcm.com/au

    Not tax advice. Check with the ATO.

    Verified · Sources

    Verified01.10.2026
    next review 01.01.2027
    Sources · precision