Global Broker Regulation & Inquiry App

Score

0123456789
.
0123456789
0123456789
/10

FCI

United Kingdom|5-10 years|
Straight Through Processing(STP)|Suspicious Scope of Business|Medium potential risk|

https://www.fci-ltd.co.uk/

Website

Rating Index

Influence

Influence

D

Influence index NO.1

United Arab Emirates 2.49

Surpassed 100.00% brokers

Biz AreaSearch StatisticsAdvertisingSocial Media Index

Contact

+44 (0) 203 7511 583
enquiries@fci-ltd.co.uk
https://www.fci-ltd.co.uk/
Suite 1C, Union House, 117 High Street, Billericay, Essex, CM12 9AH

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

Open Now

Check whenever you want

Download App for complete information

WikiFX Risk Alerts
Previous Detection : 2024-06-13
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

FCI · WikiFX Survey

Users who viewed FCI also viewed..

XM

9.04
Score
10-15 yearsRegulated in AustraliaMarket Making(MM)MT4 Full License
Official website

FBS

8.75
Score
5-10 yearsRegulated in AustraliaMarket Making(MM)MT4 Full License
Official website

STARTRADER

8.54
Score
10-15 yearsRegulated in AustraliaMarket Making(MM)MT4 Full License
Official website

GTC

8.31
Score
10-15 yearsRegulated in United KingdomStraight Through Processing(STP)MT4 Full License
Official website

FCI · Company Summary

Registered Country/Region United Kingdome
Regulation FCA
Minimum Deposit $500
Maximum Leverage 1:100
Minimum Spreads From 0.2 pips on Premium accouns
Trading Platform MT5 trading platform
Demo Account Yes
Trading Assets Foreign exchange currency pairs, indices, and commodities
Payment Methods Credit Cards, Tiered Cards, Wire Transfers, Skrill, Zotapay
Customer Support Phone, Email, Online Chat

General Information & Regulation

Foreign Currency Innovations Ltd. is a trading name of Foreign Currency Innovations Limited and is regulated by the Financial Conduct Authority under FCA Register number: 616985. Foreign Currency Innovations Ltd, a company registered in England under company number 7274218.

Market Instruments

The main financial assets that investors can trade on the FCI Markets platform are foreign exchange currency pairs, indices, and commodities. Compared to other brokers who can provide a wide range of financial instruments, the asset classes on the platform are more limited.

Account Types

FCI Markets offers two different types of trading accounts for investors: Standard and Premium. Standard accounts have a minimum initial deposit of $500, and Premium accounts have a minimum initial deposit of $5,000. Compared to the $100 to $200 opening amount required by most brokers, obviously FCI Markets' initial deposit amount is much higher, not the good option for new beginners.

Leverage

When it comes to trading leverage level, the maximum trading leverage for forex instruments is up to 1:100 (ESMA leverage rules are limited to 1:30).

Spreads & Commissions

FCI Markets offers variable spreads on both standard and premium accounts, starting at 0.8 pips on standard accounts with no commission and 0.2 pips on premium accounts with a commission.

Trading Platform

FCI Markets claimes to offer three trading platforms options, namely MT5, ClearPro, and NetStation. MT5 is an institutional multi-asset platform offering outstanding trading possibilities and technical analysis tools, as well as enabling the use of automated trading systems (trading robots) and copy trading. ClearPro's technology and infrastructure, designed for ease of implementation, optimize the FX workflow processes end-to-end, using flexible templates and web applications that enable clients to trade more efficiently and effectively in an online environment. The FCI Netstation is an advanced cloud-based trading platform that offers you a comprehensive selection of technical studies with automatic pattern recognition on charts. You can also build and backtest algorithmic strategies using Microsoft Excel and create advanced alerts on charts, studies, and patterns.

Deposit and Withdrawal

FCI Markets supports traders to withdraw and deposit funds to their accounts via credit cards, tiered cards, wire transfers, Skrill, Zotapay.

Research & Trading Tools

Clients may find some research tools out there to help them quickly acquaint themselves with forex trading, which include Professional Trader Short Course, Glossary, Academy, Free Course, FCI News, as well as 3C Analysis.

Customer Support

FCI Markets' client support team can be reached through telephone, email, and social media to respond to clients' inquiries.

Here are some contact details:

Telephone: +44 (0) 203 7511 583

Email: enquiries@fci-ltd.co.uk

Company Address: Suite 1C, Union House, 117 High Street, Billericay, Essex, CM12 9AH

Or you can follow this broker on some social media platforms, such as Twitter, Facebook, Instagram.

Pros & Cons

Pros Cons
FCA-regulated High minimum deposit requirement
Two trading accounts to choose from
MT5 trading platform
High leverage up to 1:100
Demo Account Available
Additional research tools provided

Frequently Asked Questions

What account types does FCI provide ?

There are two types of trading accounts available: Standard and Premium.

What financial instruments does FCI provide?

FCI provides foreign exchange currency pairs, indices, and commodities

Broker Information

Company Name

Foreign Currency Innovations Ltd

Company Abbreviation

FCI

Regulatory Status

Regulated

Platform registered country and region

United Kingdom

Phone of the company
  • +44 (0) 203 7511 583

Twitter
Facebook
Instagram
YouTube

--

Company address
  • Suite 1C, Union House, 117 High Street, Billericay, Essex, CM12 9AH

Linkedin

--

WhatsApp

--

QQ

--

WeChat

--

Customer Service Email Address
  • enquiries@fci-ltd.co.uk

Company Summary

User Reviews

Sort by content

  • Sort by content
  • Sort by time

User comment

2

Comments

Write a review

355188
more than one year
For now it seems to me that it is a good broker, with relatively reliable regulation, reasonable conditions and good customer service. We know that FCA is one of the most rigorous regulators in the world and I feel safe entrusting my money to a broker regulated by this institution.
2022-11-17 18:43
Reply
0
0
FX1019081761
more than one year
Shocked by their leverage! The leverage for forex trading is up to 1:100...but according to the regulation... British brokers have to limit their clients to 1:30! Are they regulated legally?
2022-11-17 14:18
Reply
0
0
TOP

Chrome

Chrome extension

Global Forex Broker Regulatory Inquiry

Browse the forex broker websites and identify the legit and fraud brokers accurately

Install Now

Select Country/Region
  • Hong Kong China

  • Taiwan

    tw.wikifx.com

  • United States

    us.wikifx.com

  • South Korea

    kr.wikifx.com

  • United Kingdom

    uk.wikifx.com

  • Japan

    jp.wikifx.com

  • Indonesia

    id.wikifx.com

  • Vietnam

    vn.wikifx.com

  • Australia

    au.wikifx.com

  • Singapore

    sg.wikifx.com

  • Thailand

    th.wikifx.com

  • Cyprus

    cy.wikifx.com

  • Germany

    de.wikifx.com

  • Russia

    ru.wikifx.com

  • Philippines

    ph.wikifx.com

  • New Zealand

    nz.wikifx.com

  • Ukraine

    ua.wikifx.com

  • India

    in.wikifx.com

  • France

    fr.wikifx.com

  • Spain

    es.wikifx.com

  • Portugal

    pt.wikifx.com

  • Malaysia

    my.wikifx.com

  • Nigeria

    ng.wikifx.com

  • Cambodia

    kh.wikifx.com

  • Italy

    it.wikifx.com

  • South Africa

    za.wikifx.com

  • Turkey

    tr.wikifx.com

  • Netherlands

    nl.wikifx.com

  • United Arab Emirates

    ae.wikifx.com

  • Colombia

    co.wikifx.com

  • Argentina

    ar.wikifx.com

  • Belarus

    by.wikifx.com

  • Ecuador

    ec.wikifx.com

  • Egypt

    eg.wikifx.com

  • Kazakhstan

    kz.wikifx.com

  • Morocco

    ma.wikifx.com

  • Mexico

    mx.wikifx.com

  • Peru

    pe.wikifx.com

  • Pakistan

    pk.wikifx.com

  • Tunisia

    tn.wikifx.com

  • Venezuela

    ve.wikifx.com

United States
※ The content of this website abides with local laws and regulations.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qawikifx@gmail.com
Cooperation:fxeyevip@gmail.com