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FXCC Review

FXCC Forex Broker Review


FXCC GENERAL INFORMATION

Found: FXCC was established in 2010

Headquarters: FXCC is the trading name of FX Central Clearing Ltd and maintains offices in Cyprus

US Residents: FXCC does not accept US clients –No-

Islamic Accounts: FXCC offers Islamic Swap-Free Accounts –Yes-

Regulated: FXCC is regulated by FCA UK (549790), CySEC (121/10) and MiFID (EU), audited by Deloitte

FXCC Forex Trading ModelWeb-Site Languages: FXCC web-site supports English, Arabic, Spanish, German, Russian, Portuguese, French and Italian

FXCC TRADING INFO SUMMARY


■ Broker Type:
FXCC is an ECN / STP Forex broker

■ CFD Trading: -Yes-

Platforms: MetaTrader4, MT4 Multi-Terminal, plus MAM platform

Trading Time Zone: GMT+3

■ Demo Account: FXCC is providing a Demo Account Yes-

■ Minimum Spread EUR/USD: 0.1 pip (average 0.5 pip)

■ Leverage: Leverage at FXCC is up to 1:300

Scalping /Hedging: are allowed at FXCC Yes-

■ Bonus Policy: FXCC offers up to 100% welcome bonus

■ Minimum Account: $100 ($500 for the XL ECN Account)

» FXCC REGISTER DEMO ACCOUNT | » FXCC REGISTER REAL ACCOUNT

 

FXCC ASSET INDEX

 FXCC is providing a Forex Asset Index with more than 30 Forex Currencies

 Two US stock indices, Dow Jones Industrial and Nasdaq 100

 There is also Gold and Silver Trading

SPREADS, COMMISSIONS & LEVERAGE

FXCC spreads are variable and start as low as 1.0 pip.

Variable Spreads

EUR/USD spread starts at 1.0 pip (without trading commissions)

■ Zero-Spread account

 

FXCC Forex Trading

 

TRADING PLATFORM & MOBILE

FXCC TRADING PLATFORM & MOBILE

FXCC is offering MT4, MT4 Multi-Terminal, FX StatBook and ZuluTrade

Scalping and Hedging are allowed at FXCC.

Demo account is available at FXCC

Trading server: GMT+3

NEW ACCOUNT INFORMATION

The minimum initial deposit at FXCC is 100 USD.

Deposit Currencies: EUR, USD, GBP

TRADING ACCOUNT TYPES

Here is some information about the 3 Account Types of FXCC:

FXCC ACCOUNTS XL TYPE ECN STANDARD ECN ADVANCED
Desktop Platforms MetaTrader4, MAM
Mobile Platforms Sirix Mobile
Account Type ECN /STP Accounts
Minimum Deposit $500 $100 $100,000
Automated Trading / Expert Advisors / Scalping Yes
Leverage Up to 1:200 Up to 1:300 Up to 1:200
Personal Account Manager Available to all account types
Welcome Bonus for New Clients No 100% Welcome Bonus  No
  » Open a Real Account | » Open a Demo Account

FXCC FUND METHODS

FXCC Fund Methods:

Credit / Debit Cards

Bank Wire

MoneyBookers

■ WebMoney

■ Neteller

-No withdrawal fees are charged by FXCC

-Withdrawals are sent the same way the funds were received but profits are withdrawn only by using Bank Wire Transfer.

 

FXCC Forex Trading

FXCC Review Conclusions:

FXCC is an ECN / STP Forex broker found in 2010 and established in Cyprus. FXCC provides professional terms when trading Forex including 30 Forex pairs, narrow spreads, fast execution and high safety of money. The broker is regulated by FCAUKand CySEC. FXCC offers client funds segregation and the company is also a member of ICF.

The platforms available include MT4 and MT4 Multi-Terminal. Scalping and hedging are all allowed.  There is also AutoChartist software available and a VPS hosting service if using expert advisors. Along with 30 Forex pairs, FXCC offers also Gold and Silver on Spot plus Nasadaq, and Dow Jones Industrial trading. FXCC offers variable spreads starting as low as 0.1 pip (average 0.5 pip). FXCC has introduced a trading feature called the ‘Price Aggregator’ which automatically analyzes and compares all available liquidity in order to provide its client the best bid / ask prices. FXCC has introduced also the NY4 Equinix MT4 server facility. This facility is located near to the Wall Street, and via this server, FXCC participates in the Equinix Financial Exchange.

The are three account types (check the above table) and the maximum leverage is 300:1. The minimum amount to open a trading account at FXCC is $100 and the fund methods include Wire, Cards, MoneyBookers Skrill, Neteller, and WebMoney. There are no commissions charged or withdrawals. There is also a welcome bonus policy.

In overall FXCC can be considered as a very good choice for ECN Forex Traders, offering state-of-the-art technology and high safety of money. The only con is that you can withdraw your profits only via Bank Wire. If you don’t have a problem with that then FXCC can be seen as one of the best solutions for Retail Traders and especially for Day-Traders, Scalpers, and News-Traders.

» Demo Account

FXCC REVIEW PROS & CONS (According to competition)

FXCC REVIEW CONCLUSIONS

FXCC PROS

FXCC CONS

√ Real ECN Trading Conditions

√ Narrow trading spreads starting as low as 0.1 pip

√ Highly Regulated and part of the Investor Compensation Fund (ICF)

√ Audited by Deloitte

√ Automated Trading and Scalping allowed

√ AutoChartist Software and a VPS service available

√ Welcome Bonus

Withdrawals are sent the same way the funds were received but profits are withdrawn only by using Bank Wire Transfer

 

» FXCC REGISTER DEMO ACCOUNT | » FXCC REGISTER REAL ACCOUNT

 

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FXCC Review

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