FXCC Review
FXCC was founded in 2010 by a group of foreign exchange market professionals, building on their long experience in the financial markets. Success comes from the success of FXCC’s clients. The more profitable FXCC clients are in their Forex trading, the more trades they place in the FXCC system. As an ECN broker, profits are generated on a fixed per-trade basis. The more trades placed in our system, the healthier the bottom line looks. It is FXCC’s best interest to enable traders to be successful.
FXCC is authorized and regulated by the Cyprus Securities and Exchange Commission (CySec) and operates under the EU Markets in Financial Instruments Directive (MiFID). FXCC is on the FCA Register (Reference Number 549790) and EEA Authorized.
FXCC’s ECN forex model provides professionals and active traders, hedge fund managers, corporate clients and banks with access to real time streaming and competitive prices directly from leading multibank liquidity providers. Clients successful trading is much attributed to extremely fast trade execution, the tightest possible spreads and sophisticated trading platforms that mean our clients have all the tools they need to give them the best possible chance of success.
FXCC do not re-quote. They don't need to. FXCC don't run a dealing desk, so there is no trade risk to manage. This means FXCC never come into conflict with its client's trades. Client trades are made on prices provided to FXCC by the pool of liquidity providers. The Price Aggregator automatically scans these so traders are assured of only ever getting the best available Bid/Ask price combinations. FXCC has come far and still have a way to go with the goal already in sight. To be the world’s favorite forex broker.
Typical Spread on Majors
EUR/USD | 0.4 |
GBP/USD | 0.5 |
USD/JPY | 0.6 |
- Company Info
Headquarters | Limassol, Cyprus |
Type of Broker | ECN/STP |
Founded | 2010 |
Regulated By | Regulated By CySEC (Cyprus) |
Offices In | Cyprus |
Supported Languages | English, Serbian, Arabic, Russian, Romanian, Greek |
ESMA Regulation ? | This broker is regulated within the E.U and may be subject to ESMA's new Forex and CFD trading restrictions. To find out more about these restrictions, please see this article |
- Account Details
Account Currencies | EUR, USD, GBP |
Minimum Deposit | $100 |
Traders from USA Allowed | No |
Clients Funds Segregated | Yes |
Interest on Margin | No |
Islamic Accounts | Yes |
Islamic Account Restrictions | Muslim Faith Only |
ECN / STP Accounts Offered | Yes |
Commission on STP or ECN | 1.5 Pips/Lot round turn (ECN Standard), 0.8 Pips/Lot (ECN Advanced), no commission (ECN XL – for deposits from $500 to $10,000) |
VIP Accounts Offered | No |
Mini Accounts Offered | No |
PAMM / MAM Solutions | Yes |
API Solutions | Yes |
Mobile Trading | Yes |
Web Based Trading | No |
Funding Methods | Credit/Debit Cards, Wire Transfer, Skrill, Neteller, Paysafe Card, Rapid Transfer, Sofort, CashU, Neosurf, China UnionPay |
Withdrawal Methods | Credit/Debit Cards, Wire Transfer, Skrill, Neteller, Rapid Transfer, Sofort, CashU, Neosurf, China UnionPay |
- Platform Details
Platforms Offered | MetaTrader 4, MetaTrader 4 Multi-Terminal, MetaTrader 4 Mobile, FXCC Mam |
NO of Pairs | 28 |
Pricing Digits | 5 |
Trade off Charts | Yes |
One-click Execution | Yes |
Email Alerts | Yes |
Mobile Alerts | Yes |
Trading Server Time | GMT + 2 |
Demo Account Expiry | 90 Days |
VPS Offered | Yes |
Free VPS Conditions | Free with $2,500 balance and 30 standard lots traded per month |
- Trading Details
Dealing Desk | No |
Maximum Leverage | 300:1 |
Minimum Contract Size | 0.01 |
Execution | Market Execution |
Hedging | Yes |
Scalping | Yes |
Scalping Restrictions | No |
Option of OCO | No |
Option of FIFO | No |
Liquidity Providers | 15+ |
Negative Balance Protection | No |
- Additonal Instruments
CFD's | Yes |
Metals | Yes |
Indices | Yes |
FXCC Reviews
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