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.
I can’t decide how to feel about fact that FXCC has only one account type.
On the one hand, I have no choice as FXCC customer. I can’t choose which account type suits my strategy.
But on the other hand, these trading conditions are perfect for me, and I don’t need another account type.
– Leverage is ideal for my risk management.
– Orders executed instantly with minimal spreads
– Expert Advisors are available to me
– Even has bonus on my first deposit
It turns out I don’t need any other trading accounts because FXCC trading conditions are perfect for me.
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You have mentioned leverage, which is suitable for you here, can you tell me please what particular leverage is provided by this broker?
I like FXCC for providing nice software for trading. Metatrader 4 is my favourite trading platform. So nice FXCC offers a tablet version of it. It is not very popular, but very useful. Nice thing to trade if you’re always on the go!
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Totally agree with you! Tablet versions are much more indicative than mobile, but at the same time equally handy!
The broker has the diverse range of tradable instruments at traders’ disposal. Overall five financial areas.
But cryptocurrencies are the ones that drew my attention. Specifically, Bitcoin. Crypto trading could be not easy to execute because of the low leverage. Forex brokers set the crypto leverage to an unreasonable amount of 1:10 or sometimes 1:5. It is done to avoid traders suffering big losses while trading crypto.
This asset can be quite volatile and unpredictable, as brokers think. But I have monitored various cryptocurrencies for quite a while and am eager to claim that crypto can be analyzed just like any other entity with no exception. Fxcc bitcoin leverage of 1:40 is used to my advantage, especially now, when it’s the most suitable time to trade it. Since the crypto market is crashing down, Bitcoin has to be shorted extensively.
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i wanted to know how can i unite multiple accounts and assets for more easier managing? i heard that there should some sort of option. thanks
Oh… I can’t really help you, because I didn’t hear about such a feature provided by this broker. Yeah, maybe if you dive deep into the information presented on the website you will find such an information, but I didn’t do it. I know there is an opportunity to create corporate account.
investing platform fxcc allow you to start with minimum deposit and get welcome bonus to multiply your deposit. you can also increase your money with big leverages, but make sure it fits with your money and risk mgmt.
i trade indices with metatrader 4 and mobile app when im out of computer
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i was searching for optimal broker for my low deposit and fxcc is the one. there is no minimum deposit and you also have 100% welcome bonus. a lot of instruments and different markets easy to trade with mt4.
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In my opinion, FXCC is excellent way to start trading for those who are not ready to make big deposit. I think that such traders can be divided into two groups. Traders who do not have enough money and traders who are not ready to risk their money until check broker’s trading conditions in practice.
Broker gives its customers bonuses on first deposit. This helps to increase small deposit to size of normal one. I used my bonuses to reduce my risks.
That’s why I think FXCC was right to provide such opportunity.
I like the fact that you can deposit or withdraw money through a cryptocurrency wallet – modern solutions!
I just want to clarify – is it quick or like a bank transfer?
It’s pretty quick, especially in comparison with wire transfers. Bank transfers take up to 5-7 days until you receive the money while withdrawing via cryptocurrency take up to 15 minutes. Moreover, bank transfer has a 30-45$ fee in case of withdrawal, while using crypto you will pay 2% from the sum.
You can’t compare crypto and bank wire transfer payments, you really can’t. It’s like comparing an Opel(no offense to Opel owners) and Ferrari. I think it’s pretty accurate in terms of speed of processing=) And it’s not about Fxcc, bank transfer is this slow at all of the forex brokers. I’m not sure why it has to be like that.
Plus Fxcc has a rather high minimum amount on bank transfer payments – $500. While bitpay has no minimum on deposits and withdrawals. And Crypto has a relatively low minimum threshold, depending on the coin you pay.
As for commissions, it’s okay to pay mining fees while using the DeFi network. In the end this is the main purpose of the crypto. Participants maintain the blockchain transaction network by themselves. So it’s fair that we have to pay some commission for this.
They really tried to make worthy conditions.
Just look at this, they have zero spreads that allow you to trade even with a small capital, and everything is in order with the size of the minimum order – from 0.01 points, so here you will feel complete freedom. Earn the way you like.
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FXCC is the first broker comes to mind when you think about small spreads. And it’s fair because spreads are equal to zero 😉
But it’s not the only thing i like in fxcc brokerage. I’m more about zero deposit fees. Of course it looks like minor advantge at first glance, but i like the idea my money works for me to the full extent.
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Okay, tell you about my impressions after my first fxcc login.
Already had chance to explore trading conditions of my fxcc account and want to share my impressions about trading.
First of all, platform. It is MT4 platform. Nice and comfortable! It contains some basic indicators, but you can also download custom indicators. In my opinion, MT4 is the most popular platform in forex.
You can start trading almost from 0! Broker has no minimum deposit restrictions.
Fxcc didn’t charge any commission for trades except for spread. Spread is floating from 0 pips! So any fees are minimal.
Leverage is optimal. If I’m not mistaken, 1:500. Such leverage allows you to open large number of deals without using whole margin.
Orders opened instantly and without any slippage. Fxcc doesn’t stop customers from trading on news, but I wouldn’t do that. Trading on news brings a lot of risks. In addition, all brokers have slippages during important news releases, so this risk is not justified.
And nice bonus! I got bonus of 100% of my deposit when funded my account. Awesome!!!
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To begin with, what I’m not particularly happy with is, of course, the presence of only one platform. I don’t understand what the problem is to add one more just for a change.
On the contrary, I really like their analytics, it is clearly much better than everything that you have seen before, because they write clearly, simply and explain what is hard to precept instantly.
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Broker is nice. I have been trading indices and gold on Metatrader 4 for about a year. Cool that I can customize the platform to my needs. As I know I can launch virtual private server. Can you help me with it?
You are right. This broker offers such a feature. If you want to connect free VPS, you can check out the page on the broker’s website, login into Traders Hub, read all the Terms & Conditions and them ake your request.
I’d warn you to read terms and conditions thoroughly, as the information contained there is significant.
I’d recommend traders to pay attention to such things as funds protection, when they are choosing a broker. FXCC once attracted me right because of this feature. If I am not mistaken the broker uses special tools to monitor your money flows in order to keep it under a strict protection.
I know there are traders who bother about funds’ safety a lot, so data protection model provided by this broker, indubitably is reliable, imho.
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I joined it because of regulation. It gives me peace of mind. I mostly trade in the long-term. Trends lasting for years give me the bulk of my income. USD/JPY and GPB/USD are very good for this.
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FXCC has always been providing an transparent service to which have never been any complaints. I hope they will continue to operate the same further
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It is good for scalpers, because of 0.0 spreadson popular currencies. You can watch spreads on “average effective spreads” chart to be aware when to stay away from the market.
It is good for beginners, because with no minimum deposit you’ll be able to find out if you’re capable of trading at a minimum cost.
It’s even good for algo traders, as the company offers free VPS, only with condition to deposit no less than $2500.
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At first I wondered why FXCC has just one account to choose from. But then I realised that it’s more than enough. ECN XL account has all the benefits of the broker. You can trade every instrument you like with the most competitive spreads and price quotes. The account also includes zero commissions on opening positions, no swaps either. As a cherry on top FXCC will pay your deposit fees.
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From my point, fxcc is a classic company with stable services. I got nice bonuses at the time of registration and increased my deposit. Still I use metatrader with extra options like multi terminal and multi account manager. mt4 works great with mobile and tablet apps while you out of computer.
Fxcc has different marktes to trade. Cryptocurencies are also available which is good for asset diversification. In my trading routine I use forex tools to analyse and prepare for trades. All fxcc’s instruments helps me a lot.
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FXCC is truly fair broker. Trading with broker for 2,5 years. Many thanks!
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The fact that they only have MT4 made me sad as I would like have options. still it’s time-proven option.I like . despite of the fact – FXCC sutis my trader needs and that’s why I’m gonna stay here.
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For real, its only one account with no required minimum deposit here. Spreads are variable from 0 pips.
Basic forex markets for trades with metatrader 4 trading platform.
Education center is rich by information, resources and analyses for fundamental market analyze.
You got everything to start sucsessfuly.
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I can tell you with confidence that FXCC is a great broker. I’ve worked in many places for the last 8 years. The only thing I am interested whether there is good daily technical analysis? Anyone use it? I trade on my own, but think to search for some ideas to master my skills.
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Broker publish technical analysis data every day, very detailed and with real examples and it is really adapted for practice.
I can advise broker to everyone.
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Transparent and clear registration and licensing make this place suitable for trading for all.
There are many advantages to open an account. No minimum deposit required, 1×500 max leverages, free funding, 0.01 lot size. It fits for Muslims to trade here.
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FXCC is the top broker. I have been trading for three year. During this time, I double my deposit without calculating the withdrawals I made. It is an outstanding result in the case of my rather conservative trading. I trade commodities, and the quotes provided by FXCC are equal to those of other brokers. I advise FXCC to those who are looking for a good broker. 👌
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The fact that this broker offers only mt4 platform disappoints me a bit, however I guess it’s just a minor con, nothing personal. when I started trading here i get in love with edu center. It’s really a good job of the company representatives and website developers. You can find answers on all the questions which might bother an ordinary trader just like me.
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The broker is really cool.
I like that I can trade with leverage up to 1:500 and open many short time orders.
As you understood, I’m a scalper. Probably somebody thinks it is quite a risk, but I’m ready to risk to get gprofits!
also like lot of currency pairs here. I can find volatile assets to make money 24 hours a day!
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opened an account within 10 minutes and also it took to me an hour to explore all the inormation on the website, isn’t it convenient?
idk, some traders are so picky that it’s so difficult to impress them, but… whatever, it is not about me 😉 I am just an ordinary trader who already earned some money and got my first funds here.
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vps is available here! it was a real shock, guys, for me.. i have spent so much time until i found a broker who offers all I need for vps trading. moreover, it wasn’t so difficult for me to start trading with this feature; everything i needed is to register, log in to the trader’s hub, and read the terms & conditions. CFDs trading with vps is a very risky thing, i am not afraid of risks 😀
i will prevent new traders from vps trading because it’s too dicey. if you understand that you have already gained enough knowledge and even have results with leverage trading (the risk-reward ratio is quite similar to leverages), you can try it out.
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Not so long ago I registered with this broker and opened a trading account in Metatrader 4. The decisive factor for me in choosing the company was almost zero spreads. To be exact, I was especially interested in trading with EAs. I have no problems now when trading with the broker. Also, I have no issues with the trading process or with the withdrawal of funds.
By the way, I actively use daily technical analysis from the broker.
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