FCM stands for Fidelis Capital Markets, and is an FX broker that was founded in Cyprus in 2013. It is also the trade name of SN Financials, a Cyprus based investment firm, licensed and regulated by CySEC. Quite a newcomer to the world of Forex trading, but nevertheless one that is gaining a significant reputation. This particular brokerage firm also operates within the guidelines of MiFID, and is recognised by a number of other regulatory bodies. These include the FCA in the UK, BaFIN in Germany, MFSA in Malta, and CNMV in Spain. With FCM Forex, traders can choose to trade foreign currencies, indices, CFDs and metals, all with the best possible spreads.