STRATOS EUROPE LIMITED (ex FXCM EU LTD)

FXCM EU LTD

Nigeria does not license retail forex brokers, so no broker holds a local licence here. That is how this market is built, not a sign of fraud.

Last read2026-09-29

No local licensing here

Nigeria does not license retail forex brokers, so no broker holds a local licence here. That is how this market is built, not a sign of fraud.

Tier

Regulator · held by

Licence

Supervision

Compensation

1 comparable supervision

Cyprus Securities and Exchange CommissionSTRATOS EUROPE LIMITED (ex FXCM EU LTD)domain you looked up · 2026-09-29

392/20

Full: capital requirements, client-money segregation, regular reporting.

A scheme exists, but it usually does not cover clients resident abroad.

2 offshore registration

Financial Services Authority (Seychelles)Stratos Systems Limiteddomain you looked up · 2026-09-29

no number published

Formal: the registration is real; supervision is limited.

None.

Same brand, other companies

DIFFERENT legal entities trade under one brand here, on different licences. The one you sign with decides which rung you are on: the protection differs, and the licence the brand advertises on its site may not be the one you get.

Not read by us yet

Check it yourself

https://www.cysec.gov.cy/en-GB/entities/investment-firms/cypriot/88692/

FXCM EU LTD

Which company you actually sign with in Nigeria, and whose licence that is.

STRATOS EUROPE LIMITED (ex FXCM EU LTD)the company you looked up

Cyprus Securities and Exchange Commission · 392/20

Stratos Systems Limitedanother company under the same brand

Financial Services Authority (Seychelles) · no number published

Source

Rows

Last good read

Last attempt

Result

CY-CYSECCyprus Securities and Exchange Commission

248

2026-09-29

read

CY-ESMACyprus Securities and Exchange Commission (via ESMA register)

327

2026-09-29

read