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FXORO regulation: what happens if the firm fails

The licence is what decides where your money sits and who is obliged to do something about it. Here is who licenses FXORO and what the protections are.

Facts last checked . Read the full FXORO review.

Regulation and safety

Regulated by
CySEC (126/10), authorisation being voluntarily renounced following cessation of services
Regulator tier
Tier 1
Register entry
CySEC CIF Register, licence 126/10
Client money segregated
Yes
Held at
Third-party regulated banking institutions
Negative balance protection
Yes
Compensation scheme
Investor Compensation Fund, up to €20,000 for eligible clients
Audited by
Independent external auditors
Not available to
United States and other jurisdictions where services were prohibited; Spain restricted CFD accounts to professional clients

Check the licence yourself: the CySEC register of investment firms.

What this means

The licence is what decides where your money sits and who is obliged to do something about it.

FXORO holds a tier-one authorisation from CySEC. That matters more than any headline spread: it determines your leverage cap, whether losses can exceed your deposit, and what happens to your money if the firm fails.

CySEC licences passport across the EU and follow the 1:30 retail leverage cap, with the Investor Compensation Fund covering eligible claims.

Client money is held separately from the firm's own money, at Third-party regulated banking institutions. That separation is what makes your balance recoverable if the company fails, rather than part of the pool its creditors divide up.

Negative balance protection applies, so a losing position cannot take the account below zero and leave you owing the broker money.

Covered by Investor Compensation Fund, up to €20,000 for eligible clients, which pays eligible clients up to its limit if the firm fails owing client money.

Questions about FXORO regulation

Is client money segregated at FXORO?

Yes. FXORO holds client money separately from its own funds, at Third-party regulated banking institutions.

Does FXORO offer negative balance protection?

Yes. FXORO offers negative balance protection, so a losing position cannot leave you owing the broker more than your account held.

Is there a compensation scheme at FXORO?

FXORO's compensation scheme is recorded as: Investor Compensation Fund, up to €20,000 for eligible clients. A scheme covers the broker failing, not losses on your trades.

Regulation at brokers under the same regulator

More about FXORO