FXCM / Stratos Group International: who it is and what it owns
As of : FXCM / Stratos Group International (subsidiary of Jefferies Financial Group, via Stratos; United States) owns 2 brokers, including FXCM, Tradu. US-founded FX broker rescued by Jefferies in 2015 (Swiss franc shock), fully owned by Jefferies from 2023 and renamed Stratos. Banned from the US by the CFTC in 2017. In Oct 2026 its UK client book went to Trade Nation and AvaTrade agreed to buy most of the FXCM business and brand.
| Ownership | subsidiary of Jefferies Financial Group (via Stratos); majority sale to AvaTrade agreed Oct 2026, pending |
|---|---|
| Headquarters | United States |
| Brokers | 2 brokers · 2 websites in total |
| Operating companies | 7 |
| Regulator fines | 2 |
| Last checked | 20 Oct 2026 |
Brokers of FXCM / Stratos Group International
Operating companies and licences
| Company | Where | Licences |
|---|---|---|
| Stratos Markets Limited | United Kingdom | FCA 217689 |
| Forex Capital Markets LLC | United States | NFA 0308179 |
| Stratos Europe Limited | Cyprus | CySEC 392/20 |
| Stratos Trading Pty. Limited | Australia | ASIC AFSL 309763 |
| Stratos South Africa (Pty) Ltd | South Africa | FSCA FSP 46534 |
| Stratos Light Limited | Israel | Israel Securities Authority |
| Stratos Global LLC | St Vincent and the Grenadines | SVG FSA registration only (no licence held) offshore |
Regulator fines
| Date | Regulator / court | Amount | Reason |
|---|---|---|---|
| 2017-02-06 | CFTC | USD 7,000,000 | CFTC found FXCM hid its link to its main market maker and misdescribed its 'No Dealing Desk' model; also false statements to NFA. FXCM agreed to withdraw from CFTC registration (exit from US). source |
| 2014-02-26 | FCA | GBP 4,000,000 | Kept about £6m of price-improvement profits that belonged to UK clients and did not tell the FCA about a parallel US probe; ~£6m restitution paid on top. source |
Questions and answers
Which brokers does FXCM / Stratos Group International own?
FXCM / Stratos Group International owns 2 brokers, including FXCM, Tradu.
Who owns FXCM / Stratos Group International?
FXCM / Stratos Group International is subsidiary of Jefferies Financial Group (via Stratos).
Has FXCM / Stratos Group International been fined?
Yes. 2 regulator fines on record. The latest: CFTC, 2017-02-06.
Sources
- https://fxnewsgroup.com/forex-news/retail-forex/jefferies-provides-details-on-acquisition-of-stratos-fka-fxcm
- https://www.financemagnates.com/forex/avatrade-acquires-majority-of-fxcm-in-landmark-consolidation-play/
- https://www.financemagnates.com/forex/exclusive-trade-nation-acquires-fxcms-uk-client-book/
- https://www.cftc.gov/PressRoom/PressReleases/pr7528-17.html
