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.
It is a positive and active environment for all kinds of traders. To me, whenever I get the feeling of a safe and user-friendly atmosphere, I enjoy trading there.
0
How and why are the spreads this low? Does the broker have commissions?
I guess this is just a smart management and price policy. And no, broker doesn’t have trading commissions.
When I just started to trade with FXCC I was a little confused with official website. It looked a bit puzzled to me. But when I figured out all conditions I understand that it is a great place to trade.
Trading platform is good old Metatrader 4 and that means much for me because I already have an experience working with it. Interface is quite familiar.
The amount of tradable assets is impressive. I found couple of products that never tried before.
And regulation is good. I can sleep well.
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I noticed that most traders write FXCC reviews about trading conditions and broker’s platform. But I want to write about training materials which the broker provides to each of its customers.
All training materials are available in Education Center, which is located on company’s official website.
You can find a lot of helpful information that will help to trade without serious errors.
I’m sure these materials will be helpful not only for beginners but also for experienced traders.
I’ve already read several e-books posted there, and I’m delighted with the knowledge I’ve gained.
even taking into account the absence of many account types, ECN XL takes all the functions on itself, really…
the spreads are tight, high leverage, an ability to use virtual private server and other features. it’s kinda good, innit?
moreover, the customer support here works properly, I once asked them about VPS and their have described everything in detail. awesome approach.
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I decided to share my two cents about due consideration. To preface, let me start with the credibility and reliability issue, which tends to be absolutely crucial before trusting a broker with thousands of dollars of your own money. I did a lot of digging with FXCC reviews, regulatory history, and talked to traders of experience with FXCC, it all checked out. Another significant theme here is whether or not FXCC facilitates traders’ endeavors. They are transparent about the spreads, which are considerably good compared to industry averages, and they provide tons of liquidity, which is absolutely essential if you are trading bulky volumes. They also have a customer oriented and friendly support team, which is also a great sign. Not much to say about the platform, MT4 does the job very well. Overall, I have been happy working with them.
0
I have the same feelings about the Fxcc broker. It seems that they excel in every aspect of trading. At least in the ones that really matter for traders with various levels of experience.
I don’t know what is good a leverage. Is the broker’s leverage a good one?
This broker offers to trade all assets except for cryptos with 1:500. It’s an optimal leverage size. It’s not the highest to risk more than you can afford and not the smallest to require extreme margin. Cryptos are traded with 1:10 because these are very liquid assets.
On my scale of 1 to 10 FXCC get a strong 9. Why 9? Because they has fees in withdrawals, while their rivals doesn’t have those fees.
0
Started trading here couple of weeks ago and already have a result. Idk, maybe I created a profitable strategy based on classical technical analysis or just my risk management strategy helps me to overcome risks perfectly, but anyway, broker is a mediator, hence there is its merit too.
I haven’t acquainted with all conditions thoroughly yet, hence I have some questions I’d wish to address to y’all. Probably, you can help me, what are the conditions on using Virtual Private Server here?
0
Oh my gosh… Boy, you’d better stay off VPS and the reason is its complexity. I personally haven’t tried using it, but I heard that it will be very difficult to find out how to interact with VPS correctly. Of course, you can ask customer support for a help, but it’s time consuming you know.
You should just logging into your Traders Hub and make a request. It’s a good opportunity to increase order execution speed and protect your funds, however why you need it, when everrything is secured and fast anyway? Think about it.
I joined this broker two months ago. I should say that my experience here was not easy but I strive to make it all better and I already see positive results. The bottom line is that I was not ready for some nuances here, although they are quite typical. One can easily find that in many places across the industry.
Here you can’t withdraw less than fifty bucks. At first it wasn’t convenient for me because earlier I worked with brokers that didn’t have such a limit. I already adapted to it, although I had to change the way I trade.
Secondly, this broker offers 1:500 for currencies. Earlier I traded with higher leverage, and here I had to change my money management approach because smaller leverage requires bigger margin. In other regards the broker is positive.
0
I’ve been a happy client for quite sometime now, and I can easily emphasize a few competitive advantages that differentiate FXCC from its peer group in the industry.
1. Legal issues: regulation and authoriziation in various jurisdictions, you get a whole list of it. Checks out brilliantly.
2. Safety: Segregated funds, client money protection, compensation fund. Checks out.
3. Platform features: You don’t pay a deposit fee, Payment options are wide, pretty much ubiquitous support for MT4
4. Help: The customer support has attention to detail and they geniunely try to help you out.
Great choice!
The main indication that I like this broker a lot is that I recommend it to every person that asks me about a decent forex broker.
Because with this attitude to the industry I think Fxcc deserves more attention from the community. Ultimately from my trading experience it’s in the top-5 list of the best forex companies. Props to Fxcc for that!
0
I’m prone to trusting this broker. It took me about a month to test it. For this time I successfully checked both the trading process and the withdrawal procedure. As for the latter, be attentive, the broker doesn’t allow to withdraw less than fifty bucks.
0
The comfort that comes from the knowledge that your deposit and withdrawal will run smoothly is too valuable to ignore. Back in the day, I used to have to wait days, or even weeks, before I would be able to process a transaction. But now, with this broker, it takes minutes. I appreciate the speedy process.
0
In my opinion, education is the most remarkable creation of man. The importance of education is one that cannot be overstated. I started with this broker with nearly zero knowledge of trading in the financial markets. I successfully traded a demo account and will be opening a live account soon.
The broker offers educational materials to its clients and non-clients. I read and practice with a new e-book once in two weeks. You can go at your own pace, but this works very well for me.
The training resources are split into the education center, research, and basic articles. They are pretty straightforward to understand.
But I have one question: How do I effectively use the research at fxcc?
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In research section there are many instruments, like daily technical analysis, morning roll call analysis, economic calendar etc. All of them are quite crucial and if you are fond of educating yourself, then you should certainly check out them.
I really like the fact that you don’t cease learning. It’s pretty important for those who really want to acquire specific knowledge. Keep going, bro. FXCC broker offers lots of opportunities for that.
I like way everything is organized here. Clear interface of official company website, convenient trading platform and access to all necessary information.
That’s a third broker in my life, it all flows smoothly.
0
I am a pro trader, and fxcc is good in most things. I feel safe with this broker as the broker is appropriately regulated—one of the many reasons why I chose this broker. The regulation further builds trust between broker and trader. Also, the conditions here are good, and I never feel cheated; spreads are low here, and executions are fast. Good broker so far.
0
Does educational sector available at this broker?
Well, if you like to read, this is the place for you to learn. The broker has plenty of resources to read and learn from. But you can also take advantage of the research center.
I have never looked for perfect brokers. For me there’s the only requirement my broker is obliged to meet. It mustn’t be a scam.
More than three months is enough time to see how reliable my partner is. However, trading is getting more difficult cuz we’re at the dawn of the world’s recession. EUR/USD is getting trickier, but I don’t want to give up.
0
My first take on the broker after a month of trading is all positive. I have had an excellent month here. My deposit experience was quick, smooth, and convenient. There are so many options to use when depositing, and this makes it easy to deposit from any location
0
There is an interesting section right on the top of the website. It’s called “Why FXCC”. I am gonna explain why FXCC using my own words and impression. Don’t want to share something that is written in this section.
There is an information about spreads, and it’s a super important thing for traders. Brokers earn money either by levying commissions or by spreads. There are two models, and here spreads play major role.
They are pretty tight, and one can ask: “How does this broker earns money then?”. The answer – it bets on the quantity of clients, but not on the wide spreads.
In addition to quantity of clients, it bets on quality of services. People rarely can meet such a broker. It’s a gem.
I didn’t explore everything yet, but I am on my way to do it.
0
In my opinion most important thing about this broker is its trading conditions. I haven’t seen conditions like that anywhere else!
0
I’ve never trade before and FXCC is just nice because of its educational sector. I found a really interesting information there. The conditions seem nice and trading platform runs really quick even on my old PC. But platform is a little bit complicated as I never used one before. Hope I will gain more skill soon.
0
My first broker was FXCC. Probably like most beginners, I started my trading with aggressive trades. I want to say that I opened a lot of orders with big lot size. Of course, this led to fact that I lost my first deposit.
My stupidity made me think it was my broker’s fault, and I decided to find replacement.
In order to find suitable broker, I started to learn reviews of different brokerage companies. Among them were FXCC reviews. After reading huge number of reviews and articles, I began to realize that my broker was not so bad. Maybe problem was in my trading?
I remember day when I went back to FXCC website and started to look through information about broker once again.
Only then I understand everything. I saw trading conditions, saw some tips for beginner traders and decided to give it a try.
I replenished my deposit again, but I did not start trading. I opened training materials and decided to trade on a demo account. Until I was ready for real trading.
No hurry! Calm down and think about it!
0
Friend, that’s what most novice traders go through. I went through same thing when I first started trading. I already wanted to stop trading, but I decided to look for information on forums about whether it is possible to make money trading in financial markets. And as it turned out, all of them wrote same thing. It is necessary to trade gradually. It is better to use demo account in beginning. As you are doing now. Then, you can move on to real trading when trading strategy appears. As for conditions to do it all, FXCC, from its side, will provide all that is necessary.
Used the services of this company for a solid amount of time and it was pretty interesting for me to find out about corporate account. But, I decided not to do it because it’s a super silly question for customer support, didn’t want to distract them from their duties.
And moreover, I won’t even ask here about it, because it doesn’t really matter for me now. It was interesting in the past. The main thing which I want to know concerns education center. Had no time to check it out. I feel like I lose skills and want to fullfil knowledge, is it worth checking?
0
I like honest and reliable companies! FXCC is one of them.
Trading conditions are clear and easy to understand.
0
What a great opportunity broker offers to scalp indices.
1. You got the tightest spreads on trades.
2. a big number of indices from all over the globe.
3. leverage of 1:500 for all of them
With all these I have a choice of different markets, some of them are facing a huge recession and this fact makes trading even more exciting. Because when trading CFDs it doesn’t matter what direction the market is pointed. Profits can be made in both. And recession means that markets will stagnate for some time. That’s exactly what I need! The main feature of a true investor is that he sees the opportunities to earn money everywhere, even in hard times like this.
0
wanna give a short review of MT4 for iPhone. yeah, actually the concept of allowing traders to trade from anywhere where you have the connection is cool one. I trade anywhere I go and it’s awesome.
the app works stable without any freezes.
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before I start trading here I thoroughly explored all the conditions and made up wise decisions. basically, I am glad that made up this decisions. it’s the best one on my life.