FCI

FCI Markets, operating as the trading name of Foreign Currency Innovations Limited, is a forex and CFD broker registered in the United Kingdom. The company was founded on 26 December 2018 and is headquartered at Suite 1C, Union House, 117 High Street, Billericay, Essex, CM12 9AH.

The broker positions itself as a provider of straight-through processing (STP) execution, catering to both retail and institutional clients. It claims to be authorised and regulated by the Financial Conduct Authority (FCA) under license number 616985, though the current regulatory status of this license is not publicly confirmed.

FCI Markets states it holds an FCA license for forex execution (STP) with the reference number 616985. However, aggregated industry data does not clearly validate the active status of this license. The absence of verifiable regulatory confirmation is a significant consideration for traders, as FCA authorisation typically provides a layer of investor protection.

Independent verification of the license is recommended before committing funds. The broker's registration with the UK Companies House is confirmed, but its regulatory standing remains opaque.

Specific details about FCI Markets' account types, trading platforms, and instrument offerings are not publicly available from official sources. The broker's website, fci-ltd.co.uk, does not appear to provide transparent information on spreads, commissions, leverage, or minimum deposits in easily accessible materials.

This lack of published trading conditions makes it difficult for prospective clients to assess the broker's cost structure and suitability. Traders seeking a fully transparent broker may find this insufficient for due diligence.

FCI Markets maintains a presence on social media platforms including Facebook, Instagram, and Twitter/X. These channels may provide updates and promotional content, but they offer limited substantive information on trading conditions or company operations.

Social media activity alone should not be relied upon for evaluating broker reliability. The firm's physical address in Billericay, Essex, is registered with Companies House.

Our FXCanary Scam Risk Score for FCI Markets is 28 out of 100, classified as 'Guarded'. This score reflects the combination of an unconfirmed FCA license status and limited publicly available operational data. The broker's claims of regulation need independent verification.

Traders are advised to approach with caution and ensure they fully understand the risks involved, particularly given the lack of transparent information on trading costs and execution practices.