FXCC Forex Broker
Our reliability is provided by the most respectable regulation authorities on the market. We’re very serious about it because reputation is our main asset. FXCC holds a regulatory license from the Cyprus Securities and Exchange Commission . It also operates an unregulated but duly registered subsidiary in Vanuatu, where most international clients trade. Traders have access to numerous deposit and withdrawal options at FXCC. Here is a screenshot of the FXCC quotes during the London-New York overlap session, the most liquid one, where traders usually get the lowest spreads.
I’m glad to make my second withdrawal here, everything works smoothly. This broker welcomes traders from my country and I’m very glad about it because the company offers very good trading conditions. I appreciate a good leverage size, tight spreads, not to mention no fees. FXCC charges cryptocurrencies screener a spread markup starting from 0.4 pips added to the spread charged by its liquidity providers. As an STP broker, FXCC obtains its liquidity from other financial institutions and banks, which charge their own spreads. That is why retail traders, as the final consumers, have to pay both.
In order to achieve your trading goals, you need to choose the right account. We evaluate each broker’s account types, how easy it is to open an account with them, and the steps involved, so you can decide if it is worth your time to open an account. CFDs are financial derivatives used for trading on margin.
I started trading here after my friend tried the services of this company and advised me to join. At first I was disappointed in Forex because I lacked knowledge, and what’s more I tended to trade on my gut feeling. Later I learned that it didn’t work because the market is a more cunning thing than I expected.
Platforms and Tools
It assures the fastest connection possible with multiple servers that are placed in different parts of the world. This broker doesn’t have a license yet claims it does. Be careful sending money here as it maybe hard to get back. Some sites unrelated to FXCC have very similar names.
Where is FXCC located?
FXCC is located in Yermasoyia, Limassol, Cyprus .
And by the way the official site says that they welcome scalpers so don’t bother. My previus broker changed the condition so I have to look for new one. Hope fxcc will remain the same or will became better. Well, I know that this broker provides information about it, however I am not sure where to find this information, whether it’s possible to find out about expected swaps in real-time.
The best trading conditions in FXCC have become a great success. The users hardly face any technical problems, and the company offers competitive leverage and highlights user reviews. Companies often charge deposit fees to finance their trading activities and also as a means of making money. The main purpose of these fees is to ensure that no traders can withdraw their funds while they are still in the market, which would result in unfair trade. Deposit Fees vary from company to company, so it is important for traders to know how these work before opening an account with any firm or platform.
I make withdrawals every two weeks, and funds reflect on my account in time. I switched to the FXCC brokerage after advice from a friend of mine. Actually, I was looking for a similar offer in terms of wider possibilities to apply a more aggressive trading method. The broker’s leverage, margin requirements, tight spreads and zero trading commissions make such a trading strategy profitable. The trading platform allows installing trading bots, while scalping and hedging are welcome as well.
And Straight-through processing execution typically satisfies this need because there is no dealing desk, and orders do not have to be matched. Having operated for more than 10 years, FXCC has established itself as a stable and reliable STP broker. FXCC can be a trustworthy partner to beginners and more experienced traders alike with its strong licensing and competitive fees. The broker’s biggest drawback is that it does not offer a lot of trading instruments. When it comes to joining a new broker, I follow a simple algorithm.
The mobile application is available for all devices and operating systems. In the age of the Internet, it is not difficult paritesi to find a good broker. It will be much discussed and recommended by people, organizations, and the media.
FXCC Account Types
Quite the contrary, the information presented is accurate, punctual and straight to the point. Order execution follows the same inherent logic and can be conducted just as fast. However, regardless of how comfortable trading from your smartphone gets, this sense would always be at least partially misleading. Trading should always be conducted with the greatest amount of care possible, yet it is difficult to apply the same level of caution when using your phone. FXCC clients can download MetaTrader 4 on their smartphones and tablets.
Is FXCC good broker?
FXCC is solid and reliable broker
FXCC always keeps the highest level of security for our clients. Our reliability is provided by the most respectable regulation authorities on the market. We're very serious about it because reputation is our main asset.
And only the second year I have good success, in principle, I can already live only with forex trading and do not deny myself anything. I think that it’s very suitable when you don’t need to choose and instead you can stick with one universal trading account with very favorable trading conditions. I started looking for a new broker and read the reviews carefully. As a result, I looked through the FXCC reviews and registered here. For more than a month I have been trading with no issues, keeping my tyrading journal and slowly building my own trading system.
Forex Brokers We Recommend
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 . 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 . And finally, traders note serious differences in quotes with other brokers. Positive commentators praise FXCC for its quality support and platform usability. According to the review, FXCC is a multi-asset broker with two subsidiaries and is not a scam.
FXCC offers demo accounts, apparently without any time limit, making them ideal for testing algorithmic trading solutions and new strategies. I want to caution beginner traders against using a demo account as an educational tool. It creates unrealistic trading expectations, and the absence of trading psychology negates the educational value.
What else to expect from a modern European broker than the Meta Trader 4 platform. FXCC also offers this ultra-popular platform in all its forms and shapes. First, we have the MT4 desktop version, then the MT4 Multi Terminal, and the Mam platform for professional bittrex review investment managers. The MT4 is still the number 1 among the platforms, and no other platform offers more than this piece of wonder. With the complex and simple features, the MT4 has been meeting the needs of newcomers and professionals since 2005.
Is FXCC regulated?
FXCC Regulatory Environment
FX CENTRAL CLEARING Ltd is authorized and regulated as a Cyprus Investment Firm (CIF) by the Cyprus Securities and Exchange Commission with Licensing Number 121/10.
Some sites will deliberately select a domain name that is very similar to the domain name of an established broker. The chat crew can assist you with withdrawal issues, account kinds, registration questions, and more. If the customer has his website, he can integrate a free currency converter widget with a banner ad displayed. He can also get premium customization that will allow him to add the widget to his site without any advertisement for an annual fee.
It made me change the way I traded but it turned out that it all was for good. Each FXCC partner can have bonus money if he invites new traders to the company. At first I opened a demo account and traded for only a week and then I opened a real account.
At the same time, it maintains the status of the brokerage with excellent executions based on straight-through processing. By following of his words i opened demo account and start to learn how to deal and operate with all of it. Then i simply opened account, make a deposit, and received 100% fxcc deposit bonus $2,000. With knowledges and practise i continued to make my trades very carefully and oriented on my risk management and long term progress, using leverages and different trading markets. The MT4 mobile app lets you enter your login details to your trading account from any location.
Ratings On Other Platforms
Cryptocurrencies have been around for about a decade now, and in the last few years, they have seen an unprecedented rise in value. A cryptocurrency is a medium of exchange like normal money but can also be used as a form of payment without involving any middleman or a central authority like banks. The boundaries between virtual and physical worlds are blurring with the entry of cryptocurrencies. Companies can ask for reviews via automatic invitations. Labeled Verified, they’re about genuine experiences. Quotes remain sourced from multiple liquidity providers and matched for the best possible execution.
one account type is something that I
Including here there is basic analytics, there are explanations on strategies, there are detailed reviews on fundamental analysis and other things. Unfortunately, there’s a big problem for Australian traders to find a good broker in their native country. To be exact, the question is not about the quality of local brokers but about Australia’s severe regulation. Local regulators make Australian brokers drastically decrease their leverages.
However, users can access the FXCC FAQ section to solve small queries and doubts. While this may seem like a lengthy period in contrast to other brokers, the broker FXCC has more than a decade of experience in the sector. The business concept of broker FXCC is built on STP , which involves sending orders directly to financial institutions. This minimizes the possibility of conflicts of interest or price mark-ups, allowing this broker to be quite dependable in terms of deal execution. An affiliate program is an automated electronic program involving a web advertiser and a hired webmaster.