{
  "schemaVersion": 1,
  "kind": "demoOffering",
  "id": "fxcm-mt4-uk",
  "urls": {
    "html": "/demo-accounts/fxcm-mt4-uk.html",
    "json": "/demo-accounts/fxcm-mt4-uk.json",
    "markdown": "/demo-accounts/fxcm-mt4-uk.md"
  },
  "policy": "Documentation research, not account or execution testing. Research regions do not establish residence eligibility. Requires Verification is an evidence gap, not proof of unavailability. Source conflicts and product/entity qualifications must remain attached to claims. Demo results do not establish live trading performance.",
  "record": {
    "checked": "2026-10-12",
    "tested": false,
    "funds": 50000,
    "currency": null,
    "fundsLabel": "50,000",
    "fundsNote": "GBP (advertised); signup offers currency selection",
    "expiryType": "unknown",
    "expiry": "Not stated",
    "expiryNote": "",
    "evidence": "documented",
    "signup": "Free form with personal details and desired currency; alternatively create in MT4.",
    "note": "Do not apply Trading Station's conflicting expiration statements to MT4.",
    "id": "fxcm-mt4-uk",
    "broker": "FXCM",
    "entity": "Stratos Markets Limited",
    "regions": [
      "UK"
    ],
    "region": "UK",
    "regionLabel": "United Kingdom",
    "researchScope": "United Kingdom",
    "platform": "mt4",
    "platformLabel": "MetaTrader 4",
    "terms": "Simulated execution; slippage, prices, products and margin can differ from live.",
    "fundingReset": "New demos can be created; balance reset not stated.",
    "deposit": "No; live account opening and funding are described as later steps.",
    "devices": "Desktop; iOS; Android",
    "forexCoverage": "Forex supported; demo pair count not stated",
    "eligibility": "UK site; spread betting expressly limited to UK residents. Demo-specific full country list not stated.",
    "evidenceNote": "Official broker documentation; signup and trading not tested.",
    "sources": [
      "fxcm-2",
      "fxcm-4"
    ],
    "visit": "fxcm-2",
    "regulation": {
      "status": "Verified",
      "entity": "Stratos Markets Limited",
      "regulator": "Financial Conduct Authority (UK)",
      "finding": "Authorised (Regulated), since 27/05/2003 (DD/MM/YYYY). Retail rolling spot forex included in principal dealing permissions.",
      "scope": "Verification covers this named UK entity and listed permissions, not all group companies or customer eligibility. Register limitations apply.",
      "sources": [
        "fxcm-reg-1"
      ]
    },
    "signupLink": {
      "kind": "demo-page",
      "note": "Broker demo page; select your platform to continue.",
      "status": "Official entry route",
      "url": "https://www.fxcm.com/uk/platforms/metatrader-4/mt4-demo/",
      "sourceUrl": "https://www.fxcm.com/uk/platforms/metatrader-4/mt4-demo/",
      "checked": "2026-10-13",
      "tested": false
    },
    "execution": {
      "scope": "Stratos Markets Limited · UK · MetaTrader 4, Trading Station. Public documentation; no account or execution tests.",
      "tested": false,
      "role": {
        "value": "Principal",
        "status": "Documented",
        "note": "Sections2.4 and3.1 say principal counterparty on all client trades.",
        "sources": [
          "ex-b-fxcm-policy"
        ],
        "checked": "2026-10-13"
      },
      "arrangement": {
        "value": "Market making",
        "status": "Broker-reported",
        "note": "Policy calls FXCM market maker and sole venue; it may hedge some or all risk.",
        "sources": [
          "ex-b-fxcm-policy"
        ],
        "checked": "2026-10-13"
      },
      "demo": {
        "value": "Simulated liquidity and pricing differences",
        "status": "Documented",
        "note": "General UK demo disclaimer describes no dependence on real-time liquidity, possible pricing delay, and product-availability differences. Reviewed on Trading Station page; not an MT4-specific execution test.",
        "sources": [
          "ex-b-fxcm-demo"
        ],
        "checked": "2026-10-13"
      },
      "review": {
        "checked": "2026-10-13",
        "outcome": "Reviewed official documentation: role Principal; arrangement Market making; demo Simulated liquidity and pricing differences. No accounts opened or tested.",
        "remainingChecks": [
          "Verify MT4-specific and Trading Station slippage, rejected orders, fees and margin handling."
        ]
      }
    },
    "markets": {
      "scope": "Stratos Markets Limited · United Kingdom · MetaTrader 4. Market coverage not yet reviewed.",
      "tested": false,
      "forexCfd": {
        "status": "Requires Verification",
        "note": "Forex CFD demo access has not been established for this entity and platform.",
        "sources": [],
        "checked": null
      },
      "cryptoCfd": {
        "status": "Requires Verification",
        "note": "Cryptocurrency CFD demo access has not been established for this entity and platform.",
        "sources": [],
        "checked": null
      }
    },
    "api": {
      "status": "Requires Verification",
      "type": null,
      "route": "Not established for this offering",
      "note": "API access has not yet been established for this legal entity and demo platform. This does not mean it is unavailable.",
      "requirements": "Confirm the account, platform and regional requirements with the broker.",
      "sources": [],
      "docs": [],
      "checked": null,
      "tested": false
    }
  },
  "sources": {
    "ex-b-fxcm-demo": {
      "title": "FXCM UK Trading Station demo",
      "url": "https://www.fxcm.com/uk/platforms/trading-station/free-demo/",
      "owner": "Broker",
      "checked": "2026-10-13",
      "locator": "Demo Account disclaimer",
      "access": "Opened official page or PDF; documentation review only"
    },
    "ex-b-fxcm-policy": {
      "title": "Stratos Markets Limited Order Execution Policy, 19 December 2023",
      "url": "https://docs.fxcorporate.com/order_execution_policy_ltd.pdf",
      "owner": "Broker",
      "checked": "2026-10-13",
      "locator": "Sections2.4,3.1,3.2; linked from current UK General Business Terms",
      "access": "Opened official page or PDF; documentation review only"
    },
    "fxcm-2": {
      "id": "FXCM-2",
      "title": "FXCM UK: Can I create a new demo?",
      "url": "https://www.fxcm.com/uk/help/education-can-i-create-a-new-demo/",
      "claims": "Trading Station web/mobile and MT4 demo creation; Trading Station 30-day inactivity statement.",
      "checked_date": "2026-10-12",
      "verification": "Official documentation opened; no account test"
    },
    "fxcm-4": {
      "id": "FXCM-4",
      "title": "FXCM UK MT4 Demo Account",
      "url": "https://www.fxcm.com/uk/platforms/metatrader-4/mt4-demo/",
      "claims": "MT4 demo GBP 50,000; devices, signup, forex, later live-account funding, simulation limitations.",
      "checked_date": "2026-10-12",
      "verification": "Official documentation opened; no account test"
    },
    "fxcm-reg-1": {
      "title": "FCA Register — Stratos Markets Limited",
      "url": "https://register.fca.org.uk/s/firm?id=001b000000MfNCCAA3",
      "evidence": "Live register showed Stratos Markets Limited, FRN 217689, status Authorised. Retail rolling spot forex included in principal dealing permissions.",
      "source_date": "Live register viewed 2026-10-12",
      "access_note": "Direct browser UI; web-text fetch failed, full register loaded in browser."
    }
  }
}