AvaTrade, a leading global online trading broker, announced it has agreed to acquire the majority of FXCM Group’s business, one of the world’s longest-established Forex and CFD trading brands.
FXCM was founded in 1999 as a pioneer of retail forex trading with a loyal global client base over more than two decades.
CEO Daire Ferguson: transaction is a significant step toward AvaTrade’s ambition to shape the next phase of global online trading, combining FXCM’s market presence with AvaTrade’s technology and product innovation to expand reach and build a more diversified trading group.
Follows AvaTrade Group’s AI-powered trading platform launch and other technology initiatives. Ferguson cited need to combine trust, innovation, global access, and multi-asset offerings, with continued AI investment for traders at every level.
Press release dated 09 October 2026. Content provided by external author via Finextra.