FXCM Regulation

FXCM is a registered Futures Commission Merchant (FCM) with the Commodity Futures Trading Commission (CFTC) and is a member of the National Futures Association (NFA).

As a vocal advocate of foreign exchange regulation and increased investor protection,FXCM is proud to become one of the first foreign exchange firms to register as an FCM following the passage of the Commodity Modernization Act in December 2000.

There are three main benefits for FXCM clients and potential clients:

• Financial Standards and Oversight - FCMs are required to meet strict financial standards, including capital adequacy requirements. On a regular basis, FCMs are required to submit financial reports to regulators. These standards are enforced by the NFA, which has the right to fine firms and/or terminate a FCM's regulatory status for violations.

• Greater Transparency Of Business Practices - The National Futures Association keeps records of all formal proceedings against Futures Commission Merchants. With a couple clicks of the mouse, a trader can find out if the firm has had serious problems with clients or regulators. Information can be found online at:

http://www.nfa.futures.org/basicnet/search.aspx.

• A Framework For Dispute Resolution - The U.S. regulatory framework is widely regarded as one of the best in the world for investor protection. If a dispute with an FCM arises, investors can turn to the NFA or the CFTC.

FXCM is regulated in 4 jurisdictions:

Canada: FXCM Canada Ltd. Party ID # 182963

Forex Capital Markets, LLC	FXCM Asia Ltd.	Forex Capital Markets Ltd
NFA # 0308179		FSA # 217689

FXCM Company Profile

FXCM: is one of the world's largest Forex Dealer Members (according to the financial data posted on the CFTC website)*

FXCM: is one of the world's largest Forex Dealer Members.  Over 100,000 live accounts trade through FXCM's trading platforms from nearly 200 countries, with an average of 4,000,000 trades executed each month via its trading platforms.

Exceptional Volume and Access to Competitive Pricing

In the online currency market, FXCM's trading volume is virtually unrivaled. In an over-the-counter market where traders must rely on the financial strength, stability and integrity of their dealer in order to fulfill obligations on their forex transactions, size does matter. Size and sophistication dictate a market maker's access to Interbank prices.

FXCM has built strong execution relationships with many of the worlds largest international banks.

Award Winning Trading Platform

FXCM has a proven track record of reliability and success with over 1,500,000 trades executed each month via the FX Trading Station. The FX Trading Station represents the evolution of Foreign Exchange trading.

The FX Trading Station combines power and functionality, providing trade execution from streaming two-way prices.

In 2004, FXCM was awarded “Best Retail Platform” for E-FX by FX Week.

Global Headquarters Around the World

Each of FXCM 's regional headquarters provides a 24-hour multi-lingual support network that includes sales, dealing, administrative, and technical support, 7 days a week.

New York: FXCM's global headquarters is located in the heart of New York's Financial District. As a registered Futures Commission Merchant (FCM), FXCM is a member of the National Futures Association (NFA) and is regulated by the Commodity Futures Trading Commission (CFTC).

Hong Kong: FXCM has a large regional office in Hong Kong regulated by the Securities Futures Commission (SFC) that serves our vast client base in both North and SouthEast Asia.

London: In order to service our fast growing European clientele, FXCM has a small regional office in London regulated by the Financial Services Authority (FSA) of the United Kingdom.

Tokyo: Through our large regional office in Tokyo, FXCM Japan services a very vast retail client base as well as large institutional clients.

Registered Kanto Local Financial Bureau (Financial Instruments) Registration number: Director-General of the Kanto Local Financial Bureaus (Financial Instruments) No. 257.  FXCM Japan Inc. is a division of GCI Capital Co. Ltd. of Japan, which is partially owned by Ueda Harlow Ltd, JAFCO Group, Mizuho Securities Co Ltd, Nikko Cordial Corporation, and Marubeni Corporation.