With numerous industry awards and still counting, FXCC is an online financial services provider that offers swift access to the global financial markets through the MT4 trading platform. Their clients get to trade over 200 financial instruments across different asset classes, including forex, cryptocurrencies, commodities, bonds, metals, energies, indices, shares, and more. The broker makes available a good selection of useful trading tools, educational resources, and a responsive client support team. The minimum deposit required to start trading is $1. The broker charges zero fees on trades, while leverage of up to 1:30 is available.
FXCC Review Introduction
In this FXCC review, we will take a look at some of the most important factors worth considering when choosing a forex broker for your online trading needs. This includes trading platforms, trading tools, research and education, account funding options, customer support, and broker regulation.
You may also wish to view my best forex brokers based on countless hours that I have spent researching and testing hundreds of brokers, all of which you can see in my forex broker reviews. You can also use my free trading tool to compare forex brokers, including FXCC.
FXCC Platforms & Tools
At FXCC, traders can buy and sell their preferred financial asset using the MT4 trading platform. The MT4 trading platform was launched in 2005 and has since grown to become the choicest trading platform among forex and CFDs traders. It comes loaded with a plethora of built-in tools for technical analysis. The broker makes the MT4 trading platform available as a desktop application for Windows and Mac computers, WebTrader, and a mobile app that is compatible with Android and iOS devices.
The broker provides traders with various standalone trading tools in addition to those that were built into the MT4 trading platform. These useful trading tools include Economic Analysis, Forex Live Charts, and an Economic Calendar that shows the schedule of future market events and their expected impacts on the financial markets.
FXCC Research & Education
FXCC provides traders with a good selection of learning materials to help them make informed trading decisions. These educational resources include learning articles, forex news, Traders Corner blog, glossaries, academic e-books, and an FAQ section that answers some of the common questions that traders may have.
FXCC Trading Accounts
Traders are allowed to create a single live trading account to start trading. The account is known as the ECN XL Account, and it has a minimum deposit of $1. In addition, a demo account is available for practice purposes.
FXCC Account Funding
The following payment methods are accepted at FXCC for account deposits and withdrawals: Bank wire transfer, credit/debit cards, and various online payment gateways, such as Neteller, Skrill, and more.
FXCC Customer Service
FXCC provides traders with a customer support team that is polite and prompt in response. The support team are available 24/5 during working hours and can be reached via telephone, email, Live Chat, online form, and social media.
FXCC is a trading name of Central Clearing Ltd, an investment company registered under the International Company Act [CAP 222] of the Republic of Vanuatu with Registration Number 14576.
In Cyprus, 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.
FXCC Review Summary
With offices in Cyprus and Vanuatu, FXCC is a multi-asset brokerage firm that was launched in 2010. They allow their clients to trade over 200 financial markets using the MT4 trading platform that is available in desktop, web, and mobile versions. They offer low spreads, zero commission, and leverage of up to 1:30. The minimum deposit required to start trading is $100.
It is worth mentioning that some of the trading products and services in this FXCC review may differ or not be available to traders in some countries due to regulations. As brokers’ terms can change over time, please verify all information is up to date directly from the FXCC broker website, which you can visit by using the link below.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A large percentage of retail investor accounts lose money when trading CFDs with this provider. It would help if you considered whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.