AvaTrade agrees to buy most of FXCM’s business as UK clients take a separate route

AvaTrade’s 9 October 2026 agreement to acquire most of FXCM Group’s business creates a separate transition route from Trade Nation’s acquisition agreement for the UK client book. For customers, the company named in the existing account agreement determines which route is relevant.[1][2]

Trade Nation’s 6 October announcement concerns customers of Stratos Markets Limited, the UK company operating as FXCM. It targets a transition in late November, with both firms developing the transfer plan.[2]

The UK route is already visible to new applicants

For new UK applications, FXCM’s website describes Trade Nation spread betting and CFDs across forex, indices, shares, commodities and bonds. Its pricing footnote separates fixed spreads on specified TNTrader and TradingView markets from MT4 variable pricing and the variable commodity alternative.[3]

Combining distribution and product infrastructure

AvaTrade chief executive Daire Ferguson said the group intends to combine FXCM’s established presence with AvaTrade’s technology and product range. That is the disclosed commercial rationale for the agreement; the transaction terms and outstanding disclosures are set out in the table above.[1]

Existing accounts need the route-specific transfer terms

AvaTrade describes a business-and-brand purchase, while Trade Nation identifies customers of Stratos Markets Limited. The UK receiving broker’s notices govern the account mapping, timetable and opt-out procedure for that client book. These practical steps determine how a customer moves to the destination service.[1][2]

The split leaves two distinct pieces of execution work: completing the wider acquisition within its eventual entity perimeter, and migrating the specified UK accounts under the receiving broker’s terms. The announcements give those processes different owners and levels of detail.[1][2]

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