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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
* STANDARD account shown.
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 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
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
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
CFD's Yes
Metals Yes
Indices Yes

FXCC Reviews

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neutral
Fletcher Grady Country: Canada Acc No: 2**********0 Jul 12, 2021
Some traders might comprehend the light regulation of the FXCC brokerage as the disadvantage, but I do not agree with that. The thing is that the recent changes of the maximum leverage in most of the regions led to significant changes in trading strategies. I used to trade with leverage 100:1, and I think that is a fair value for traders not to get into a too aggressive zone with high risk exposure. Moreover, some trading approaches require even higher leverage. For instance, if a strong and sustainable trend is giving an opportunity to get a piece of the pie, why not take it? FXCC has even more strong points. Ultra-competitive spreads together with instant order executions and no-dealing-desk mode make the broker outstanding. Multi-terminal extension of the MetaTrader4 platform adds efficiency for professional traders. General trading conditions of the ECN XL trading account are impressive.

neutral
John Skyer Country: Canada Acc No: 2********3 Jun 16, 2021
I already tested this broker and it proved its reliability. It doesn’t manipulate quotes. Besides this, for a month I made a series of withdrawals. So, it works and that’s the main thing. By the way, I didn’t examined their trading conditions in detail, except for a minimum deposit, of course. It’s because today brokers offer nearly the same, while I’m interested in reliability first.

neutral
Vojt?ch Peška Country: Czech Republic Acc No: 6*****5 Jun 9, 2021
FXCC is a broker with many advantages, and the formula of the ECN XL account is no doubt attractive. Everything is here for successful trading: low spreads and commission, high and flexible leverage, assets choice, trading platform with several extensions. The only concern might be about the regulations for those traders who prefer strict authorities. But the leverage of 1:500, even for gold, pays off. Scalping, auto trading and hedging are allowed.

neutral
Randy Feest Country: AUSTRALIA Acc No: 2*********1 May 29, 2021
I think the company is optimal for those who are going to trade in majors, in particular the euro-dollar. The pair itself is the most popular, there is a lot of news and analytics on it, the trading time is convenient, and specifically according to the conditions that the company gives is excellent - the commission is the lowest of all that is offered for other currencies. In general, why am I actually trading on this asset. I tried to take other pairs - either I am not able to trade, or it is not profitable. Since I live in Australia, I have only traded with this broker.

neutral
Eliot Hills Country: Australia Acc No: 3***********6 May 13, 2021
FXCC offers very interesting conditions including spreads (floating, but near 0.0 pips for EUR/USD intraday), and what’s even more attractive is zero commissions and minimal swaps. The MT4 platform is reliable, executions are fast. Everything that an FX trader needs is allowed including hedging, scalping and EAs. FXCC does not list ETFs, but I don’t trade them. Sometimes the support team could have delays in answering, while withdrawals are processed quickly. The list of currency pairs is large, and the spreads for some exotics caught my attention to trade them as well. CySEC regulation together with dozens of registrations across European currencies increase the trust.

neutral
Clint Dare Country: Australia Acc No: 2************0 Apr 30, 2021
I heard a lot about their unique trading conditions and it cemented my curiosity for this brokerage service. In particularly, I was fascinated by the possibility to trade metals with enough leverage. That was a completely new thing for me because brokers usually don’t allow to trade these volatile and very liquid assets with high leverage. And I couldn't afford a deposit and trading with futures broker. I was afraid that this broker doesn’t work with traders from Australia. Many don't. So, I reach out to their service and they assured me that FXCC works with my country. After this I signed up with the broker. Undoubtedly, trading gold and silver with 1:500 is a great experience I have never tried before. However, it painfully bites each time I forget about the necessity to be cautious. After all, these are one of the most liquid assets in the foreing exchange market.

neutral
Vikrant Parekh Country: India Acc No: 2**********5 Apr 17, 2021
Recently I started trading with FXCC. I have been into Forex for a long time and am interested in the stock market. It seems to me that these are quite promising areas in the future. I chose FXCC for its famous tight spreads. The trading platform here is MT4. This is good, but I would like to see cTrader here as well, for more varied opportunities. In general, the brokerage company is good. It has regulation and a popular MT4 trading terminal. For some, this will be enough, but for some, as always, not enough :)

neutral
Victor Hermans Country: Netherlands Acc No: 3*******6 Apr 8, 2021
This broker is to my liking. Its trading conditions are really unique and I find it its number one advantage. Look here. They offer very low floating spreads. I think that they are much lower than what’s offered by many other brokerage services. I mean spreads on the most popular financial instruments, including metals, currencies, indices. Another thing that I like with this broker is that they allow to trade metals with 1:500.

neutral
Gulab Bawa Country: India Acc No: 2*********0 Mar 19, 2021
Even if I wanted to find a reason to compain, it would have been rather difficult in this case. All good all the way through my trading experience with the broker. Starting with demo tests and ending with the most recent withdrawal.

neutral
Country: Canada Acc No: 2********8 Feb 16, 2021
When it comes to joining a new broker, I follow a simple algorithm. I sign up with it, deposit a minimum amount and trade for several weeks. After this, I try to withdraw earnings. I did the same with FXCC. It attracted me with decent trading conditions ideally suitable for scalping. If you come to their site, you can view spreads on the home page. I don’t doubt you will find them quite low. The two-week test gave me a positive impression. I was afraid that their floating spreads tend to widen too much, thus breaking my stops but it didn’t happen. I didn’t have a problem with withdrawal too.

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