FXCC
Total reviews 45
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4.4
Unconfirmed company
fxcc.com
Go to the website
FXCC is one of the most popular forex brokers. It offers more than 200 assets, 3 types of accounts and a free demo account on MetaTrader 4.
Forex broker
Official website
Social network
Date of foundation
1970
Head Office
Law Partners House, Kumul Highway, Port Vila, Vanuatu
Company owner
FX Central Clearing Ltd
Types of support
[email protected]Feedback form on the siteChatHelp Center
Phone Support
Languages
Russian, English, French, Spanish, Italian, Portuguese, Kazakh, Ukrainian, Korean, Romanian, Polish, Turkish, Vietnamese, Indonesian, Thai, Swedish, Japanese, Lithuanian, Latvian, Estonian, Hindi, Tajik, Georgian, Esperanto, Finnish, Filipino, Frisian, Greek, Gujarati, Hausa, Hawaiian, Hebrew, Hmong, Hungarian, Igbo, Icelandic, Haitian, Creole
Terminals
MetaTrader 4
Min. first deposit
From 100 USD
Brokerage commission
No
Lot size
From 0.01
Bonuses
Cashback on deposits, free withdrawal depending on the type of account
Leverage
Until 1:300Depending on the type of account
Spreads
From 0.1 points
Free demo account
Adjustable
Yes
Regulators
VFSC№1456
CySEC121/10
Licenses
Licensed
Types of accounts
Peculiarities of trade
Round-the-clock forex trading
Methods of replenishment
BCP, Boleto, Efecty, Moneta.ru, Neosurf, Neteller, OXXO, PagoEfectivo, PSE, Rapipago, Santander, Skrill, UnionPay, Webmoney, Webpay, Wire transfer, Yandex.Money, Bank card (Visa/MC)
Withdrawal methods
BCP, Boleto, Efecty, Moneta.ru, Neosurf, Neteller, OXXO, PagoEfectivo, PSE, Rapipago, Santander, Skrill, UnionPay, Webmoney, Webpay, Wire transfer, Yandex.Money, Bank card (Visa/MC)
Number of assets
200+
Types of assets
Stocks
Precious metals
Currency pairs
Indexes
Products
Bonds
Cryptocurrency
Account Currencies
EUR, USD, Cryptocurrency, GBP
Liquidity providers
FX Central Cleaning Limited
Mobile apps
No mobile apps available
Weekend trading
No
Tournaments/competitions
No
Trader training
Handbook (knowledge base), e-book, terminal guides
Contract Difference Commission
No
Swaps
Depending on the type of account
PAMM trading
No
Analytics
Economic calendar, daily technical analysis of EUR/USD, GBP/USD, USD/JPY, daily market reports and news, articles by experts (blog)
Margin trading
Yes
Affiliate Program
Advantages
Large selection of assets
Good licensing base
Free VPS (dedicated virtual server) for trading and SMS-service
There is an account with zero swaps, zero commissions for deposits, withdrawals and transactions
User agreement with no pitfalls
Disadvantages
MetaTrader 4 only
Broker refused from PAMM-accounts
There are no contests
Stop Out 50%
Trading starts later and finishes earlier than most brokers
Delays in order execution
Company requisites
Date of update
February 23, 2023
Overall assessment
6/10
    GeorgeHelenaHelena
    More on that
    Address
    Law Partners House, Kumul Highway, Port Vila, Vanuatu

    FXCC is this a scam? Review and Customers Reviews

    Published: 5 November 2019 Updated: 23 February 2023

    FXCC is a trading platform of the Cyprus provider FX Central Cleaning Limited, which has been opened in 2010. The company received an award Best Forex Trading Account in the nomination of a prestigious international conference UK Forex Awards in 2017 and is licensed by two regulators – CySEC (Cyorus), VFSC (Vanuatu, Melanesia).

     

    But do the broker’s public merits indicate its good faith? Is FXCC a scam or a serious project? Let’s carefully study all «pros» and «cons» and draw our own conclusions.

     

    Trading terms with FXCC

    Despite the fact that the FXCC platform offers more than 200 assets (precious metals, goods, indices, stocks, debenture bonds, currency pairs), it is primarily focused on Forex (Forex trading). 3 types of accounts in euros, dollars or pounds are offered to a trader to choose from:

    • ECN with a minimum deposit amounting to USD 10,000 and a floating credit leverage up to 1:200.
    • ECN XL Within the framework of the promotional offer, the broker canceled here the swaps and commissions for replenishment and withdrawal, if the balance does not exceed USD 10,000.
    • ECN Advanced Account with a minimum deposit amounting to 100 000 USD and a floating credit leverage up to 1:100.

    Spreads are surprisingly low – starting from 0.1, so the transactions are profitable. Apparently, FX Central Cleaning Ltd is not particularly worrying about the risk of a large number of scalpers (earning on short-term timeframes). A free demo (training) account is provided on MetaTrader4 PC (downloaded to a computer) for training.

    There is no PAMM trading as it is, but you can invest your money in MAM. Accordingly, there is no autocopy of transactions of the manager’s accounts (the trader who conduct trades for you), an individual sub-account (slave) is set up for each user, which is located inside the MAM. The trader manages all the amounts at once, setting the corresponding lots. Moreover, it is possible to set a different amount for him/her as compared with others at the request of the investor. That is, instead of auto-follow – a partition («fragmentation») of the total asset.

    You can also use the services of a trading adviser. But FXCC does not offer robots for automated trading. A selection of training materials is not in a position to boast of a particular scope; however, it includes the minimum necessary to start: a structured reference (database), a blog with a selection of interesting articles, an electronic textbook and guides for individual terminals.

    But there is a lot of analysts. In addition to usual economic calendar and daily Forex reports (here they are designated as technical analysis and contain information on three main currency pairs: Euro-dollar, British pound-dollar, dollar-yen), you will find reviews and analyzes from industry experts. The drawbacks are as follows:

    • Stop out at 50% of the total assets already – all your transactions will be automatically closed as soon as half of the original amount or less appears on the balance.
    • A large selection of currency pairs is available only on the last type of account (Advanced Account), on all the rest – a little less than 30.
    • Bidding starts at 00:05 server time on Monday and ends at 23:55 on Friday, and not at 00:00, like most brokers (Forex brokers). This ten-minute difference can seriously affect the trader’s position.

     

    FXCC platform

    FXCC works with one popular platform – MetaTrader 4 (MT4) – with two modules – MT4 for processing accounts and MetaFx MAM (Multi Account Manager) for managing multiple accounts simultaneously. As well as mobile versions for phones/tablets on iOS and Android. Main advantages of the software are the following:

    • User-friendly interface (according to users’ opinions).
    • Multilingualism.
    • No usage fees.
    • A large number of tools and functions – up to 4 charts of 3 main types (linear, candles, bars) are displayed in the same window, there are online scaling and scrolling, 30+ technical tools, over 20 analytics objects (trend figures and lines, channels, etc.), sound and push notifications, and so on.
    • High working capacity and fault tolerance.

    All user data are stored on the company’s virtual servers (VPS), and transactions go through secure 128-bit SSL protocols (GeoTrust certificate), to reduce the likelihood of theft. You deposit funds to a segregated (individual) account, which is placed separately from the broker’s accounts, therefore you do not risk your funds even in case of bankruptcy.

    fxcc.com broker quotations

    As mentioned above, about 30 currency pairs are available on Standard and XL accounts, and around 70 – on Advanced Account. Among them are standard EUR/USD, EUR/CAD and USD/JPY, as well as less popular ZAR/JPY, MXN/JPY, CHF/GSD and other. Judging by the feedback from traders, the quotes are not always accurate and there are suspicions that the service provider is «painting» the charts.

     

    FXCC demo accounts

    Before starting active trading on FXCC, you will be able to practice on a demo account – a free (demo – that is, with a limited set of functionalities) account where you use virtual money and lose nothing.

    When you open it, you will need to indicate and confirm the e-mail (an e-mail with a link will be addressed to it), and then a username and password to enter your account will be available. All that is left to do is to download the terminal to a computer or mobile device. You will have no time limits. The main thing is not to make your account «idle» for a long time.

     

    fxcc.com mobile application

    The broker uses the MetaTrader4 platform to work with narrow-format devices (mobile, tablets); you should specify only FX Central Cleaning Limited as your provider. OS iOS and Android are supported. In terms of functionality, the mobile completely copies the computer version:

    • Quotations of financial instruments online.
    • 3 types of charts, 30 indicators, 24 analytic objects.
    • 9 timeframes – M1, M5, M15, M30, H1, H4 D1, W1 and MN.
    • Up to 4 graphs on the same screen + scaling, scrolling and other features.
    • Setting the colour scheme.
    • Analytics and statistics, history of transactions.
    • Sound and PUSH notifications.
    • News and «live» chat.
    • Trading Advisers.

    The application is rated at 4.6/5 points among users of android devices and 4.8 – among «apple» ones.

     

    FX Central Clearing Ltd bonuses

    FXCC traditionally offers a deposit bonus: you get 200% cashback if you deposit $ 200 or more in your account. You can use the promotion of an unlimited number of times, but you will be credited with a maximum of $ 10,000 in total (put 6 times for $ 1,000 – received a bonus only for the first five ones).

    In order for the donated funds not to be debited, it is necessary to continue trading and maintaining the account balance at the level of not less than 30%, if we are talking about personal money, and not less than 100% (i.e., in full), if we are talking about bonus money. If you fulfil this requirement within 50 days, the virtual currency is completely yours and it will be available for further trading. The lot size is $ 1, and the fixed credit leverage is 1:100.

    The «Bring a friend» promotion: remuneration for each client who came to the broker through your referral link (a link with an individual number that is installed on the website/blog/social network page for advertising). The remuneration shall be calculated taking into account the winning lots by the invited person:

    • 10 lots (USD 100-1000 in total) – USD 40 to you and USD 10 to your «friend».
    • 40 lots (USD 1001-2500 in total) – $75 to you and $25 to your «friend».
    • 80 lots (USD 2501-5000 in total) – $150 to you and $50 to your «friend».
    • 100 lots (USD 5001-10 000 in total) – $175 to you and $75 to your «friend».

    Unfortunately, the broker does not hold contests: we did not find any information about them.

     

    Deposit and withdrawal

    A large number of ways are available for depositing and withdrawing funds:

    • VISA, MasterCard, Neosurf – crediting within an hour, withdrawal – 5-10 days, no commission during 2019 (hereinafter we will talk about the broker’s shares for 2019, but the latter reserves the right not to compensate interest for the transaction of individual players at its discretion).
    • Bank transfer — deposit and withdrawal – within 5-7 business days.
    • Neteller, Skrill, Yandex.Money, Moneta.ru – crediting within an hour, instant withdrawal, commission is paid by FXCC.
    • UnionPay – crediting within an hour, withdrawal – 2-5 days, commission is paid by FXCC.
    • PSE – crediting within an hour, withdrawal – up to 7 business days, commission is paid by FXCC.
    • Efecty, PagoEfectivo, Rapipago, OXXO, Santander – crediting within 2-5 business days, withdrawal – up to 7 business days, commission is paid by FXCC
    • BCP, Webpay, Boleto – crediting within 1-2 business days, withdrawal – up to 7 business days, commission is paid by FXCC

    One more important point: Before making a deposit, it is necessary to confirm your details. And in order to earn money for your details (by the way, they must coincide with those used in the replenishment), repeated verification with sending copies of documents will be required: identity cards, card/account numbers in the payment service, receipts/statements on deposit. This is the standard rule of all online establishments, introduced for the security of your assets (in case someone gets access to your account and tries to get funds). The minimum withdrawal is at least USD 50, regardless of the account type.

     

    Complaints against FXCC

    If you look at the whole, the user opinion about fxcc.com is not too good, the company’s clients have many reasons for dissatisfaction (traders complaining). First of all, they are caused by delays in the execution of orders. Not everyone likes the limited tools and availability of requotes on the types of accounts with small deposits (Standard, XL). And finally, traders note serious differences in quotes with other brokers. Positive commentators praise FXCC for its quality support and platform usability.

    FX Central Clearing Ltd broker’s regulator

    FX Central Clearing Ltd. operates based on two documents, each of which regulates activities within its region (continent):

    • Europe – CIF 121/10 license of the Cyprus CySEC regulator.
    • The rest of the world is licensed by Vanuatu (Vanuatu FSC) under number 14576.

    Both in the VFSC registry and on the website of the Cyprus regulator there is a provider page confirming a permission to carry out brokerage activities. You can check their status at the links below.

    FXCC terms and conditions

    The FXCC user agreement consists of several sections and concerns, more like, the website use terms, rather than directly trading (we did not find the rules for conducting open access transactions on the resource). Let’s analyse it in more detail. Firstly, the operator obliges us to maintain the confidentiality of published content and prohibits copying it, as well as using special programs.

    On its turn, FX Central Clearing Ltd., may use your personal data for any legal purpose (i.e., even transmit it to your partners so that they send advertising to you).

    You use the resource on an «as is» basis. This European term means that the owner does not bear any responsibility for losses incurred by users as a result of using the platform. Even if there were technical failures and false information.

    When following links from fxcc.com to other resources, you are also solely responsible for possible consequences. The operator does not guarantee that their contents will comply with the legislation requirements, and the platforms themselves are viruses and other malicious programs. In general, it is quite a standard document.

     

    Is FXCC a scam?

    At first glance, the FXCC terms and conditions seem beneficial: crediting and withdrawing funds without a commission, 200+ assets, lack of swaps, small spreads, etc. However, in practice, everything is not exactly this way:

    • A full package of assets is available only to holders of ECN Advanced Account accounts, where you should deposit at least USD 100,000 to start trading.
    • There are requotes, and the trading mode is shorter than that usually provided by brokers, for a total of 10 minutes, which further weakens the position.
    • The average spread is higher than in advertising. For example, it made 0.4 for EUR/USD as of the time of writing this review, while for USD/JPY it made 0.8.
    • According to users, the speed of order execution is high, so there is a serious chance to «pour all money down the drain».
    • Stop Out occurs already at 50% of the initial balance – in combination with a high spread and a large credit leverage; a couple of transactions is enough to be out of work.

    FXCC is not a scam in the traditional meaning of the word (i.e., it is not a fraudulent organization, since it holds licenses for activities), and yet the Forex trading terms are not favourable (Forex strategies).

     

    Summary

    FXCC trading may be interesting for an experienced trader with a serious financial portfolio. This will enable you to use the functionality of platforms in full and not worry so much about the forced closure of your positions by the broker: the «pillow» will be big.

    In our opinion, the conditions will seem uncomfortable for beginners trading on real, not virtual (at the training terminal) money: only 200+ assets, requotes, lack of contests (on the same demo accounts), the need to replenish USD 200 at once to receive a deposit bonus, etc. And you should not forget about advantages of a broker:

    • Good licensing base.
    • Loyal user agreement.
    • Free virtual server and SMS service.
    • Zero commission for withdrawal and replenishment during the entire 2019 (promotion extension is possible).
    • Good referral program.
    • The ability to quickly register through Facebook.

    Taking into consideration the pros and cons, the broker features a strong «average» and, in our opinion, it is quite competitive.

    Trading instruments and assets
    89%
    Withdrawal speed
    89%
    Brokerage commission
    88%
    Technical support
    91%
    4.4

    Reviews

      FXCC reviews

      45
      Add review
      • In ascending order of rating
      • In descending order of rating
      • New ones first
      • First the old ones
      • Popular ones first
    • 1.3
      Feedback approved for publication Rate your review 0
      0
      0
      Trading instruments and assets
      40%
      Withdrawal speed
      20%
      Brokerage commission
      20%
      Technical support
      20%
      I don’t like the service

      Recently there has been a good move in the currency pairs. It was a great chance to make good money, but instead, FXCC robbed me blind. At first, the server completely shut down, then turned itself back on, but by then there were so many requotes that it was impossible to make normal transactions. The… Read more

    • 5
      Feedback approved for publication Rate your review 0
      0
      0
      Trading instruments and assets
      100%
      Withdrawal speed
      100%
      Brokerage commission
      100%
      Technical support
      100%
      Life's going good

      Getting a nice broker has always an open ended question for me, because I struggled with it.

      One of the reason why the getting a spot-on broker has been problematic for me is that I am slightly obsessed with what other people think of the broker I trade on.

      So I can tell you how bright my face… Read more

      Positive
      • Most budget friendy broker with more fx pairs than you can trade
      Minuses
      • Not the most popular one probably. Some of my friends did not know about this broker.
    • 4.3
      Inaccurate feedback Rate your review 0
      0
      0
      Trading instruments and assets
      80%
      Withdrawal speed
      80%
      Brokerage commission
      80%
      Technical support
      100%
      What can I say about the broker?

      It’s well-regulated, comfortable to trade and cheap to withdraw. Everything that a trader needs.

      • Daniel Nisbet Kieran Higgins 15 March 2023 in 17:11
        Rate your response 0
        0

        I can agree that you have to read all the documents about the broker, especially the ones that concern the legal side of it.
        But I would definitely call FXCC a decent broker. At least everything that is related to trading itself is on a high level.
        We can demand more trading platforms for example. Yet, you know, it’s the matter of everyone’s taste.

    • 4.8
      Feedback approved for publication Rate your review 1
      +1
      0
      Trading instruments and assets
      100%
      Withdrawal speed
      80%
      Brokerage commission
      100%
      Technical support
      100%
      Just right

      I have not had much experience in trading but this broker makes it easy for newbies like me to survive. I can learn the fundamentals and also get insights from daily trading analysis trading here. I have no other needs outside what this broker offers me.

    • 4.5
      Feedback approved for publication Rate your review 0
      0
      0
      Trading instruments and assets
      80%
      Withdrawal speed
      80%
      Brokerage commission
      100%
      Technical support
      100%
      Appropriate so far

      Basically it is the most suitable broker of all, from what I researched in the forex market.
      Suitable for me and my trading system of course. Which is a mix of scalping and intraday trading. where positions can not only be opened and closed in a very high pace way, but also I can hold some of them for… Read more

      Positive
      • narrow spreads, VPS, scalping friendly
      Minuses
      • no MT5 or any platform with DoM
    • 5
      Feedback approved for publication Rate your review 0
      0
      0
      Trading instruments and assets
      100%
      Withdrawal speed
      100%
      Brokerage commission
      100%
      Technical support
      100%
      fine one

      I like FXCC for its high-quality services and educational resources they provide. It is a nice place to get some knowledge and practice it at one place.

    • 4.8
      Feedback approved for publication Rate your review 0
      0
      0
      Trading instruments and assets
      100%
      Withdrawal speed
      80%
      Brokerage commission
      100%
      Technical support
      100%
      my new broker

      this is new broker and I’m getting used to it. all trading conditions are perfect, trading platform is reliable and I’m glad I finally found nice broker.

      Positive
      • nice service, reliable platform and trading conditions okay
      Minuses
      • don't like the way menus are located on site
    • 3.3
      Feedback approved for publication Rate your review 0
      0
      0
      Trading instruments and assets
      80%
      Withdrawal speed
      60%
      Brokerage commission
      60%
      Technical support
      60%
      Couple of thoughts of mine

      Back in 2022, I guess a month ago, I tried out services offered by this company. Y’all know, buddies, this isn’t the most impeccable broker I have ever traded with. Still general functions work correctly, features are comparatively attractive, but there is something to continue imporving anyway.
      I’d… Read more

      Positive
      • fast order execution
      • complete absence of issues with depositing and withdrawing funds
      Minuses
      • lack of trading platform and trading accounts choice
      • blurred learning materials
    • 4.3
      Feedback approved for publication Rate your review 1
      +1
      0
      Trading instruments and assets
      100%
      Withdrawal speed
      80%
      Brokerage commission
      80%
      Technical support
      80%
      Obvious choice

      The last year was the year when I at last decided to try myself in the trading activity. I’ve been watching this industry for quite a while.
      But I wanted to do a proper learning and research of the scene first and then choose a place to trade.
      So when I chose FXCC I already had some knowledge about… Read more

    • 4.5
      Feedback approved for publication Rate your review 1
      +1
      0
      Trading instruments and assets
      80%
      Withdrawal speed
      100%
      Brokerage commission
      100%
      Technical support
      80%
      No noise, just trading

      The broker’s main line of business is not marketing. That’s why they are focusing solely on what they do best, providing good technical and financial conditions in a place where you can just do your trades and think about nothing else. No dashy, shiny website, just plain and simple trading.

      Positive
      • The tablet app, visually easy to use charts, good education material
      Minuses
      • Not very exciting broker, everything is plain but maybe that is what is valuable about this place
    • 4.8
      Inaccurate feedback Rate your review 0
      0
      0
      Trading instruments and assets
      100%
      Withdrawal speed
      80%
      Brokerage commission
      100%
      Technical support
      100%
      Reliable broker

      I can assert the broker’s reliability. I’ve researched a lot of information to be sure of that.

      Positive
      • In addition to reliability, FXCC has excellent trading conditions. And it has a user-friendly interface. I'm also happy with the asset variety.
      Minuses
      • Sometimes the speed of withdrawal is not instant.
    • 4.8
      Feedback approved for publication Rate your review 0
      0
      0
      Trading instruments and assets
      100%
      Withdrawal speed
      100%
      Brokerage commission
      80%
      Technical support
      100%
      The Signing Bonus

      I felt I was alrdy winning when I signed up, deposited quiet a nice amont of moneys and got my sign-up bonuseses and got to to trading. I was able to trade duble the size I had in mind thanks to this bonuses, and trading here is relative very cheap. It is going to be great story, I already know.

      • Ari Mitchell Johnathan Head 27 January 2023 in 00:33
        Rate your response 0
        0

        I have always been indifferent to bonuses. I try not to take them because they always come with restrictions. Therefore, they can be your trading capital in the normal understanding of this word.

    • 4
      Feedback approved for publication Rate your review 1
      +1
      0
      Trading instruments and assets
      80%
      Withdrawal speed
      80%
      Brokerage commission
      80%
      Technical support
      80%
      Broker with pluses

      Despite the lack of the trading platforms Fxcc compensates it with the good trading conditions and a couple of additional features that are quite unique for forex brokers.
      I’m talking about the scalping friendly environment and algo trading experience.
      Plus the broker has the option to manage other… Read more

      Positive
      • price-performance ratio
      • EAs and scalping is welcome
      Minuses
      • only one trading platform and account
    • 5
      Feedback approved for publication Rate your review 2
      +2
      0
      Trading instruments and assets
      100%
      Withdrawal speed
      100%
      Brokerage commission
      100%
      Technical support
      100%
      Back in the day I used to trade with FXCC and this experience is forever in my soul. I reminisce it all the time I see shock news on the market, as I remember that once I witnessing everything

      Back in the day I used to trade with FXCC and this experience is forever in my soul.
      I reminisce it all the time I see shock news on the market, as I remember that once I witnessing everything.

    • 4.5
      Feedback approved for publication Rate your review 1
      +1
      0
      Trading instruments and assets
      80%
      Withdrawal speed
      100%
      Brokerage commission
      100%
      Technical support
      80%
      Preferably low cost of trading

      I like this broker because it offers a very sustainable infrastructure with regards to trading costs. This infrastructure decreased my outlays a lot, and since I am not making millions of dollars from every trade I make, it certainly helps me big time allowing me to trade more with paying less

      Positive
      • No requotes
      • Metatrader 4
      • Expert advisors
      • hedging
      Minuses
      • MetaTrader 5 would have been a good option to have as well
    • 4.3
      Feedback approved for publication Rate your review 0
      0
      0
      Trading instruments and assets
      100%
      Withdrawal speed
      80%
      Brokerage commission
      80%
      Technical support
      80%
      Still happy to trade here

      Just so you know, I hardly use brokers that do not support the MT4 platform. I have all my trading experience built around the platform and it works just fine for me and I really have not had a reason to make a switch.
      You would understand why I was absolutely delighted when I saw the tight spreads… Read more

    • 4.8
      Inaccurate feedback Rate your review 1
      +1
      0
      Trading instruments and assets
      100%
      Withdrawal speed
      80%
      Brokerage commission
      100%
      Technical support
      100%
      Comfortable to trade

      Very comfortable to trade here via trading platform. It runs stable and has a nice intuitive interface. Great choice to start your trading here.

      Positive
      • many payment methods including alternative
      • stable and smooth trading platform
      Minuses
      • website navigation could be better
    • 4.8
      Feedback approved for publication Rate your review 2
      +2
      0
      Trading instruments and assets
      100%
      Withdrawal speed
      100%
      Brokerage commission
      80%
      Technical support
      100%
      the best of the best

      Fxcc become my fav brokers of all for a reason. I make a selection of several companies that were pretty similar with the conditions and credibilities. And in comparison Fxcc had won this battle.
      I believe it’s the most appropriate approach in a choosing the brokerage company for trade.

    • 4
      Feedback approved for publication Rate your review 0
      0
      0
      Trading instruments and assets
      80%
      Withdrawal speed
      80%
      Brokerage commission
      80%
      Technical support
      80%
      My brief review of this company

      Generally speaking I am glad that once I decided to apply to this company for services. You know, it’s pretty important for a trader to get good trading conditions that simplify trading process.
      Here I found them. Of course, I don’t exclude that something is missing here, for example, trading accounts… Read more

      Positive
      • lots of valuable information on the site; tons of learning materials
      Minuses
      • only one trading account;
    • 5
      Feedback approved for publication Rate your review 1
      +1
      0
      Trading instruments and assets
      100%
      Withdrawal speed
      100%
      Brokerage commission
      100%
      Technical support
      100%
      This broker offers very attractive trading conditions. It doesn’t charge fees for quite tight spreads. It’s not something new in the industry, but nevertheless, it’s very pleasant

      This broker offers very attractive trading conditions. It doesn’t charge fees for quite tight spreads. It’s not something new in the industry, but nevertheless, it’s very pleasant.

    • 5
      Feedback approved for publication Rate your review 1
      +1
      0
      Trading instruments and assets
      100%
      Withdrawal speed
      100%
      Brokerage commission
      100%
      Technical support
      100%
      Great for big guys with high volume

      You know what? I am not one of those newbie traders who try to trade everything they have no idea about. I mostly do my analysis and my trades in gold and major forex pairs. I trade big money so I am not chasing some highly volatile asset that does 50% moves a day. And I view this broker as a reliable… Read more

      Positive
      • Friendly and companionable customer support.
      Minuses
      • Trading platform might be a bit slower than I could expect by a few milisecond, but maybe it was a lag.
      • Gregor Sebastian Clarke 26 November 2022 in 00:01
        Rate your response 0
        0

        Yes they are, you can also carry out deposits through services of various electronic payment processors such as Neteller, Skrill, Sofort, Rapid and Paysafe Card in three different currencies of your choice, namely USD, EUR and GBP.

      • andries Hlophe Sebastian Clarke 23 December 2022 in 13:44
        Rate your response 0
        0

        I personally don’t care how friendly their staff is. In this broker I like trading conditions. Moreover, I’m not a big guy with a big volume and I can still benefit from it.

    • 4.5
      Feedback approved for publication Rate your review 0
      0
      0
      Trading instruments and assets
      80%
      Withdrawal speed
      100%
      Brokerage commission
      80%
      Technical support
      100%
      Withdrawal experience

      I want to give a quick shout-out to the Support team. They are of the highest caliber. Has anyone made a withdrawal with this broker? How was the experience?

      • Martinho Barreto Luke Scott 9 December 2022 in 15:06
        Rate your response 0
        0

        I have that experience. I regularly withdraw funds from this broker’s trading account.
        I understand the fears of newbies. That’s why I can say that everything is clean here.

      • Intradit Luke Scott 8 January 2023 in 14:32
        Rate your response 0
        0

        I didn’t have problems with it. I usually withdraw money to my credit cards.

    • 4
      Feedback approved for publication Rate your review 0
      0
      0
      Trading instruments and assets
      80%
      Withdrawal speed
      80%
      Brokerage commission
      80%
      Technical support
      80%
      Quick review

      I began to trade here after I found information about broker in FXCC reviews.
      Now after almost a year trading I can be sure that it is a reliable company with many advantages. The only thing that could be better in my opinion is the design of official website. But tastes differs. Anyway platform offers… Read more

      Positive
      • Educational sector, payment methods
      Minuses
      • website design
    • 5
      Rate your review 1
      +1
      0
      Trading instruments and assets
      100%
      Withdrawal speed
      100%
      Brokerage commission
      100%
      Technical support
      100%
      quality and reliability

      I liked that this broker combines quality and reliability. This is reflected in the stable work of everything related to trading and account operations.

      Positive
      • quality and fast services. everything works quickly and without problems
      Minuses
      • It seems to me that there are no problems or any disadvantages.
    • 3.8
      Rate your review 0
      0
      0
      Trading instruments and assets
      80%
      Withdrawal speed
      80%
      Brokerage commission
      60%
      Technical support
      80%
      I tried to make an objective review

      There are many features that seem to me attractive, for instance the presence of tons of learning materials certainly will delight any trader.
      However, I used to highlight flaws as well, because there is nothing perfect in our world. No perfect traders, no perfect brokers. ECN XL account is a combination… Read more

    • 4.5
      Rate your review 1
      +1
      0
      Trading instruments and assets
      80%
      Withdrawal speed
      100%
      Brokerage commission
      80%
      Technical support
      100%
      I successfully tested it

      I have a very positive impression of this broker. It offers very good trading conditions for me. The broker offers quite tight spreads and allows to trade without commission. Besides this, it provides the same leverage for all currency pairs without exception – 1:500.

    • 4.8
      Rate your review 1
      +1
      0
      Trading instruments and assets
      100%
      Withdrawal speed
      100%
      Brokerage commission
      100%
      Technical support
      80%
      Positive changes

      I don’t know if people talk about the daily analysis and the training offered by the broker but I have been a successful trader because of all the help I have got. All traders need education: a good education is paramount in order to be successful in the market.
      Fxcc also has spreads that start from… Read more

      Positive
      • Tight spreads with no commissions
      Minuses
      • Single account type for all
    • 5
      Rate your review 0
      0
      0
      Trading instruments and assets
      100%
      Withdrawal speed
      100%
      Brokerage commission
      100%
      Technical support
      100%
      VPS

      What’s the general purpose of VPS service of the broker?

      • Nimmit Noah Wood 29 October 2022 in 13:49
        Rate your response 0
        0

        The general purpose of VPS is to have a separate platform with preinstalled OS. Where a trader can set his trading platform, or platforms, to apply trading robots. As trading bots don’t work if your PC is off. However they need to be active 24/7, or whatever the market is live.

        With VPS you’ll have your own remote Windows server, thus your terminal will be active until you’ll decide to stop it.
        There is one thing that needs to be mentioned. It is the power of VPS. Usually VPS with the cheapest subscription price, have very low computing power. So that you can have only one or maximum two trading platforms to run simultaneously.
        So if you need several platforms working at the same time, you’ll definitely have to buy more expensive VPS service.

    • 3.8
      Rate your review 0
      0
      0
      Trading instruments and assets
      60%
      Withdrawal speed
      80%
      Brokerage commission
      80%
      Technical support
      80%
      Competitive broker

      In fact, this company provides with competitive conditions. You know, I faced many brokers in my life and all of them were peculiar.
      I never faced a situation when I traded with identically similar brokers. However, here I found some features which seem to me nice ones, but I never try them out, actually… Read more

    • 4.8
      Rate your review 1
      +1
      0
      Trading instruments and assets
      80%
      Withdrawal speed
      100%
      Brokerage commission
      100%
      Technical support
      100%
      Trading with little to no worry

      Here since a couple of years ago. Support team was there for me whenever I had a problem to solve. Conditions are all right. Had no big problems. So many advantages in the advanced account. Can definitely recommend!

      Positive
      • Fast deposits and withdrawal, good execution of trades, safe
      Minuses
      • N/A
    • 4.8
      Rate your review 0
      0
      0
      Trading instruments and assets
      100%
      Withdrawal speed
      100%
      Brokerage commission
      80%
      Technical support
      100%
      Zero commissions

      How does the broker manage to keep such tight spreads with zero commissions?

      • Markus E. Sergios Buriades 21 October 2022 in 11:53
        Rate your response 0
        0

        I don’t know. Every broker has the right to pursue its own policy. You can contact their support and ask this question=)

    • 4
      Rate your review 0
      0
      0
      Trading instruments and assets
      80%
      Withdrawal speed
      80%
      Brokerage commission
      80%
      Technical support
      80%
      Trader’s way

      Since the registering my Fxcc account in 2021 till these days I came a long way from complete beginner to account managing. Because I started with zero knowledge, but thanks to the broker’s educational info in particular I managed to have a working intraday strategy for currencies.
      And now I’m trying… Read more

      Positive
      • Expert advisors, execution, multi account managing
      Minuses
      • high threshold for free VPS, high commissions on withdrawals
    • 4.5
      Rate your review 1
      +1
      0
      Trading instruments and assets
      100%
      Withdrawal speed
      80%
      Brokerage commission
      100%
      Technical support
      80%
      here is my review!

      I ain’t wanna complain about conditions here, as it’s pretty difficult to pick on something. I specified that learning center might be improved, and yeah, it’s a pure matter of taste. It doesn’t mean that I don’t like it, nah.

      Wanna make some cash? Start trading here, you won’t be mistaken.

      Positive
      • no acc types; polite customer service
      Minuses
      • learning center might be improved, but it's a matter of taste
    • 4.5
      Rate your review 1
      +1
      0
      Trading instruments and assets
      100%
      Withdrawal speed
      80%
      Brokerage commission
      80%
      Technical support
      100%
      I have been with them for a little less than a year. No extraordinary problems so far, spreads are relatively narrow and I do tons of forex trades, you get fast execution and more leverage than you think you would need

      I have been with them for a little less than a year. No extraordinary problems so far, spreads are relatively narrow and I do tons of forex trades, you get fast execution and more leverage than you think you would need

    • 4.8
      Rate your review 0
      0
      0
      Trading instruments and assets
      100%
      Withdrawal speed
      80%
      Brokerage commission
      100%
      Technical support
      100%
      Simple and straightforward

      It was clear to me at first sight that this is solid and reliable broker. Everything about working with account and trading is clear and straightforward even for beginners.
      I quickly understood how to open account and start trading.
      I found platform to be very easy to use and yet multifunctional.
      Only… Read more

      Positive
      • Reliable trading platform; education materials
      Minuses
      • I haven't come across it yet
      • Adam Roy Otto Torp 19 November 2022 in 13:35
        Rate your response 0
        0

        No, the broker doesn’t charge any hidden fees.

    • 4.5
      Rate your review 1
      +1
      0
      Trading instruments and assets
      80%
      Withdrawal speed
      100%
      Brokerage commission
      80%
      Technical support
      100%
      It suits me

      I have a positive impression about the broker. I don’t want to give many details because writing reviews is not a thing I want to do. I think it’s a pure waste of energy. Formally, I can say it’s not a scam. It’s proved by my personal experience here.

    • 4.3
      Rate your review 1
      +1
      0
      Trading instruments and assets
      80%
      Withdrawal speed
      100%
      Brokerage commission
      80%
      Technical support
      80%
      Healthy training

      Education and research are vital to the success of any trader. I always appreciate it when a broker shows interest in the education of his clients. Fxcc does very well in providing traders with materials for education and research that ranges from the most elementary definitions to complex strategies… Read more

      • Felix Boucher Adam Jacquet 26 September 2022 in 17:01
        Rate your response 0
        0

        I think that trading is the thing where self-education rules. Of course, on the initial stage when you know nothing about trading, all these courses, e-books, videos, and demo accounts can be helpful, but only trading on a real account will be your number one teacher. No one and nothing will teach you better. So, I think that any broker’s duty is not to provide educational materials but to serve a reliable intermediary between you and the market.

    • 4
      Rate your review 0
      0
      0
      Trading instruments and assets
      80%
      Withdrawal speed
      80%
      Brokerage commission
      80%
      Technical support
      80%
      Does broker redraw charts? How different are FXCC quotes from other brokers?

      Does broker redraw charts? How different are FXCC quotes from other brokers?

      • Ryder King Theo White 23 September 2022 in 21:06
        Rate your response 0
        0

        The broker takes pride in transparency and even goes ahead to provide tools to check the trading conditions before going into a trade.

    • 4.8
      Rate your review 2
      +2
      0
      Trading instruments and assets
      80%
      Withdrawal speed
      100%
      Brokerage commission
      100%
      Technical support
      100%
      A broker with fairly good trading conditions

      The broker attracted me with decent trading conditions. It offers an opportunity to trade with good spreads, reasonable leverage size and charges no fees for this.

      Positive
      • Attractive spreads
      • No fees
      • 1:500 leverage
      Minuses
      • Metatrader 4 only
    • 5
      Rate your review 2
      +2
      0
      Trading instruments and assets
      100%
      Withdrawal speed
      100%
      Brokerage commission
      100%
      Technical support
      100%
      Trendy MT4

      Interesting broker. I love the trading platforms; the mobile and pc mt4. I love the mt4 platform because it is trendy, user-friendly, and multi-lingual. I have been trading with mt4 since 2016 and with fxcc since 2021. the broker builds on the advantages of MT4 and makes it a better experience.

      Positive
      • Quick deposit and withdrawal
      • MT4
      Minuses
      • Minimum deposit of $100
    • 4.5
      Rate your review 0
      0
      0
      Trading instruments and assets
      80%
      Withdrawal speed
      100%
      Brokerage commission
      80%
      Technical support
      100%
      metatrader rules the world

      many traders prefer to switch brokers from time to time. this tendency seems to me weird, but recently I have joined to this group of money-seekers.
      chose this company as I really like metatrader platform. especially when there is the only one without others.

      ain’t need to compare and spend time… Read more

      Positive
      • quick platform; lotta educational things
      Minuses
      • didn't find such ones
      • Dankeformonkey Diego Vitali 6 September 2022 in 14:56
        Rate your response 0
        0

        I agree. I love MT4, too, and I don’t have any need to switch to a different platform. I don’t see the need to hop from one platform to another as an ordinary trader. I am aware your question was rhetorical, but I just wanted to say that I agree.

    • 5
      Rate your review 0
      0
      0
      Trading instruments and assets
      100%
      Withdrawal speed
      100%
      Brokerage commission
      100%
      Technical support
      100%
      3 months of trading

      Almost 3 months ago, I registered trading account with FXCC. I want to mention that I have experience in trading. That’s why I didn’t waste my time trading in demo mode.
      I’m not saying that demo account is useless. It’s very effective way to start profitable trading. But I already have proven trading… Read more

      • Jeno Vass Welf Scholz 8 October 2022 in 09:00
        Rate your response 0
        0

        I trade this broker and I know that it’s genuine. As for demo trading, I want to say that you shouldn’t trade on a demo account for a long time because it can create a dangerous illusion that you can trade professionally and it’s very easy to do. In fact, it’s not easy.
        Secondly, when you trade on a demo account you may think that you can enter the market at any time. In reality, it’s often too late to enter the market if you missed the right moment for some reason and if you dare you may not have an advantage or lack margin to survive a sudden violent pullback. In real conditions, you have to work under stress. For newbies it’s very scary, very stressful, but the earlier you start trading on a real account the sooner you’ll learn to handle constant stress and make wise decisions coldly. A demo account will not teach you this.

    • 4.8
      Rate your review 0
      0
      0
      Trading instruments and assets
      80%
      Withdrawal speed
      100%
      Brokerage commission
      100%
      Technical support
      100%
      All-in-one broker

      I’m sure FXCC will satisfy traders of all experience levels. For beginners, broker offers a lot of different stuff. And experienced traders will find perfect trading conditions. I think that’s what makes FXCC ideal broker for everyone.

      Positive
      • This broker is perfect for both experienced traders and beginners
      Minuses
      • Everything is perfect! I'm satisfied with everything.
    • 4.8
      Rate your review 0
      0
      0
      Trading instruments and assets
      100%
      Withdrawal speed
      80%
      Brokerage commission
      100%
      Technical support
      100%
      my trip with this broker

      tried this one for the first time in 2021. actually since then I have managed to earn solid sums of money. faced various situations but the matter here is the result.

    • 4.5
      Rate your review 1
      +1
      0
      Trading instruments and assets
      80%
      Withdrawal speed
      100%
      Brokerage commission
      80%
      Technical support
      100%
      gotta admit

      gotta admit the fac that this broker is comnparatively strong… at least I judge according to the experience which I have gained here. the platform is usable, so I didn’t face any difficulties… I also liked the process of registration, it was super quick and it didn’t take too much time for me to… Read more

      Positive
      • education and bonuses
      Minuses
      • only one trading platform; only one type of account; didn't find ETFs
      • Rafael Zambrano Antti Nieminen 29 July 2022 in 12:37
        Rate your response 0
        0

        Oh, yeah. You have noted that there is nothing difficult to start trading here becaus everything is smooth and quick. I totally agree with your words.
        FXCC broker offers tons of various instruments and tools for conducting proper analysis and trading on the platform. Never faced any freezes on the platform and that’s why I like this broker.

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