Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money.
Basic information from FXCC review
About the broker
Web: | https://fxcc.com |
License: | CySec VFSC |
Supported languages: | English |
Holder: | FX Central Clearing Ltd |
Headquarters: | Law Partners House, Kumul Highway, Port Vila, Vanuatu |
Methods of contacting customer support: | E-mail, phone, online chat |
Contact: | info@fxcc.net +44 203 150 0832 |
Deposit methods: | Bank transfer, VISA, MasterCard, BCP, Boleto, Efecty, Moneta.ru, Neosurf, Neteller, Oxxo, PagoEfectivo, PagoFacil, PSE, Rapipago, Skrill, UnionPay, Yandex Money |
Withdrawal methods: | Bank transfer, VISA, MasterCard, BCP, Boleto, Efecty, Moneta.ru, Neosurf, Neteller, Oxxo, PagoEfectivo, PagoFacil, PSE, Rapipago, Skrill, UnionPay, Yandex Money |
About trading with FXCC
Minimum deposit: | 100 USD |
Min. trade: | 0.01 |
Spreads: | Variable |
Underlying assets: Might be a CFD. | Forex (70), cryptocurrencies (10) |
Base currencies: | EUR, USD, GBP |
Mobile app: | |
MetaTrader 4: | |
Social trading: |
Random reviews of competing CFD brokers: MundoBeFX, BCRCorp, Anzo Capital and CPTMarkets
Frequently Asked Questions
🧐 Is FXCC a scam?
We highly recommend you to read the user reviews on our website before you start trading with this brokerage company. It will help you to determine if FXCC is a scam or not.
🆓 How to open a free demo account?
Opening a demo account with FXCC is very simple, just register on their website.
📱 Does FXCC offer the best mobile app for trading?
FXCC offers a mobile trading app and you can definitely start trading with it. It is very difficult and subjective to determine if they feature the best mobile platform. However, you are welcome to test it yourself.
We compared some reputable brokers and their mobile trading apps, check out the comparison and be saved from the hassle of testing the FXCC mobile app.
⚖️ Would you recommend me FXCC?
FXCC is one of tens (possibly hundreds) of brokers operating in the European Union, and that's why it makes no sense to choose FXCC as a broker where you trade before you compare it with competitors.
We operate our website in full transparency, we recommend reliable brokers with an excellent reputation and we honestly admit to you that we receive commissions for that from these brokers. You can find the mentioned brokers in the table below with a clickable link to their site. You don't pay anything extra, you get a reliable business partner and you help us keep the website up and running. Thank you.
Broker | English | Min. deposit | Spread EUR/USD* | Platforms | License | |
---|---|---|---|---|---|---|
100 USD | 1.0 pips Spread was taken 15.11.2024 at 11:12 from the web or trading platform of Etoro. | In-house built platform | FCAASICCySec | etoro.comreview EUR/USD*: 1.0 pips Spread was taken 15.11.2024 at 11:12 from the web or trading platform of Etoro. | ||
0 | 0.9 pips Spread was taken 15.11.2024 at 11:12 from the web or trading platform of XTB. | In-house built platform | FCA CySec | xtb.comreview EUR/USD*: 0.9 pips Spread was taken 15.11.2024 at 11:12 from the web or trading platform of XTB. 74% of retail investor accounts lose money when trading CFDs with this provider | ||
100 USD | 0.8 pips Spread was taken 15.11.2024 at 11:12 from the web or trading platform of Plus500. | In-house built CFD platform | FCAASICCySec | plus500.comreview EUR/USD*: 0.8 pips Spread was taken 15.11.2024 at 11:12 from the web or trading platform of Plus500. 80% of retail investor accounts lose money when trading CFDs with this provider |
* The spread is variable for most brokers and changes depending on market volatility.
Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money.
Comparing spreads, fees, trading platforms, regulations and reading dozens of user reviews of all popular FX and CFD brokers is very time-consuming for every trader. That is why we have done all this hard work for you so you could already only start trading with a company that features a quick modern trading platform, a large variety of assets and a quick customer service. From our comparisons, all these criteria are met by Etoro 51% of retail investor accounts lose money when trading CFDs with this provider - advertising partner.
That is why it is important to choose the right one. Choosing the right broker often stands between profit and loss. Don't you know how to choose? We have prepared an independent article for you, which will help you with your broker selection. You will get to know, what factors are important to watch out for when you are choosing a forex/CFD broker.
If you have any experience with FXCC, please share it in the comments to help others to choose the suitable broker.
Does this broker provides a good educational materials?
Costs of trading, such as spreads and commissions are the highlight of this company. By commissions I meant the absence of those. Which can be surprising as soon as you see the competitiveness of the spreads.
That’s exactly why I said that it’s the highlight of the broker.
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I can’t claim that I disliked something about this broker. It was unusual to me to detect that there are no account types, however, I realized that ECN XL combines all advantages that are usually divided into several accounts by other brokers.
Tight spreads, 1:500 max leverage, free funding and even 100% first deposit bonus. Cool that the broker found a good way to stimulate clients to trade.
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FXCC has proven its reliability after I checked all regulations and examined conditions on depositing and withdraweing funds. I guess these things are mandatory for examination.
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Guys, you literally get the same amount you put in here for the first time as a bonus to have available for trading right away, it is an immense feature. I deposited like a thousand bucks and I have two G’s now in my account. Double the amount means double the opportunities to make money.
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The trading conditions here are interesting for me. I already signed up, deposited money and started to trade. I find the execution pretty good. After several weeks I’m going to make my first withdrawal here. How much time does it take?
For three years in trading I’ve tried nearly everything, but in scalping I demonstrate the best outcomes. What I like best in scalping is that you can trade no matter where the market currently goes. I really don’t care. This broker is good for scalping. In addition to good spreads, it also ensures commission-free trading.
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There are some pro’s and con’s about this broker that sort of neutralize themselves.
This is a broker with a total compliancy to the regulatory rules and safety issues. This is a good feature to have. The platform is good, trading is affordable, bonuses are all right.
There are however just not enough assets to keep you going. I would have wanted some stocks or more crypto instead of millions of forex pairs to trade.
Would have been better to be able to trade some stocks instead of some exotic forex pairs like the Mexican Peso vs Japanese Yen. I have no interest in them.
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FXCC is arguably one of the most reliable forex brokers in the market. It is reputable, well-known by the professional traders and regulated.
Its trading conditions are very universal. Meaning they can be utilized by -traders of all types. Everybody would be quite comfortable at this place.
Support team also knows its stuff. A bug plus is that they can give help in various languages.
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What about auxillary trading instruments here, what certain ones are available for trading?
If you need auxiliary tools, you can find and download customized technical indicators for Metatrader 4. Install them on the broker’s MT and you’ll have auxiliary tool.
Reliable with people’s funds, allocating as much time and attention to their clients as possible to resolve their issues properly and quickly. A fairly low cost broker. But the issue is, they look a bit old now. I think they should freshen up the colors on their site.
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There are no issues that FXCC client support can’t solve. I presume that you can even ask them for relationship advice XD.
but in fairness, the support team represents the high quality of services.
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Did I understand correctly that the broker provides the trading platform MetaTrader 4 and no more?
FXCC is a very prominent broker in the forex sphere.
All the basic features of the broker are working without any flaws. I mean the orders execution and payments, especially withdrawals. As traders are usually very concerned about getting their money.
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You are right. It’s inherent to traders to bother a lot about their funds, hence they pay special attention to depositing and withdrawing processes. Moreover, they usually don’t believe in company’s trustworthiness and try to dig out as much information as they can.
FXCC is a genuine broker with its own distinctive specifications that primarily determine its development direction. It bets on convenience for its clients and thus there are no issues with withdrawing funds, depositing and so on. Everything is quick.
As a matter of fact, trading here brings me positive emotions… Yeah, I admit there are such days when you open several position and fix losses in the end of the day, but it’s trading, what to do… Nevertheless, the number of profits always cover all expenses, but if you are as anxious as me, then you will remember about every loss on the market…
FXCC is a good company to start immersing into trading, there are various tools that are amazing! Btw, guys, what is multi-account manager?
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I agree that trading is not for anxious people. It’s for steel people who can tame their emotions.
As for a multi-account manager, it’s a software tool that can help you to manage multiple trading accounts and even trade them at the same time. You can even partially close trades.
In general, I enjoy trading here. My positive opinion is not only about their trading conditions, although they are really exceptional. I also value their attitude to me as a customer. There was a situation when I was heavily dependent on their help and their support team resolved my issue gracefully and it didn’t take much time.
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These people have positioned themselves very well in my personal book. They have been offering stability and credibility, and on the broad scale of things, that’s what you look for in the long run. All the rest can change over time but they are not changing it. They offer low cost of trading, favorable conditions and a decent platform.
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There is not much to want as a trader outside what is offered by this broker. Tight spreads, good leverage, reliable trading platforms, a great support team, and the list goes on.
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I believe that despite the fact that the broker has some disadvantages, it is pretty good. For example, the lack of a choice of trading account type is not great. But on the other hand, the account which can be opened has excellent trading conditions.
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To be honest, FXCC always looked like a relible broker, but I found that out for real since I started to trade with it. Conditions are nice, fees and spreads are more than affordable, trading platform runs quick and stable, no issues founded. Customer service is at the top, team is always friendly and wiling to help.
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