FXCC Review
FXCC or FX Central Clearing is a Cyprus established brokerage firm that assists forex exchange market professionals to trade currencies, cryptocurrencies, indices and metals through advanced technology. The company based on the ECN/ STP trading solution while all orders are routed and matched in the electronic configured network through the liquidity pools of institutional providers and market quotes.
What is great, FXCC used technology provides efficient and transparent pricing with most possible low spreads. In addition, there is a range of ECN trading accounts that are designed to suit own needs and requirements.
Trading platform and conditions
FXCC Forex trading platforms, as most from the ECN brokers based on a highly regarded MetaTrader4. The platform available for all operating systems and fully compatible with EAs, hedging and equipped with advanced technical indicators, analytical objects and charting tools.
Furthermore, the platform software developed to suit downloadable version to be installed on a PC, a mobile application to follow trades on the go, Multi-Terminal for simultaneous management of multiple accounts and is a MAM Broker.
Moreover, an extensive range of tools offering various instruments that are helping on a daily trading process, including interest rates presenting a comprehensive list of the key base rates relating to all global central banks. By the full range of capabilities and levels of complexity together with the sophistication of trading, you will definitely find and suit necessary trading style through utilizing the full range of features and available benefits delivered by FXCC.
Moreover, FXCC offers the ability to trade with free VPS (Virtual private Server) which brings stability under any conditions, speed and performance. Own dedicated server can be accessed with multiple platforms and accounts, which runs automated programs or applications and ensures smooth trading continuously.
Overall, every FXCC client can apply for free trading tools through the Traders Hub environment that also offers a variety of complementary features to choose from and is a great advantage for all.
Trading with FXCC ECN account you will automatically access multiple currencies EUR, USD, GBP featured with tight spreads from 0.01 pips and availability to trade trade 30 currencies with a range of free tools alike VPS, SMS Notifications, EAs, Technical Analysis and Trading Tools. See FXCC Spread comparison below.
FXCC does not charge a commission per trade while all costs are presented by the spread from 0.1 pips. You may refer to the current comparison of spread for the most traded instruments, as well compare FXCC spread to another popular broker Fondex.
FXCC rollover
Also, always consider FXCC rollover or overnight fee as a cost, which is charged on the positions held longer than a day defined by each instrument separately. However, trading with ECN XL Account broker promises no swap charges, making you an easy calculation and great benefit too.
Deposits and Withdrawals
The deposit and withdrawal options include multiple offerings from various providers that are covering the needs of almost every client and are truly globally covered. The methods including Card payments, Bank Wire Transfers, Neteller, Skrill, Neosurf, SOfort, Rapid, paysafecard, Neosurf, Yandex, Boleta, UnionPay and much more.
FXCC minimum deposit
The minimum deposits starting from 100$, and according to the method may also vary from 50 to 100$.
In addition to the selection of major withdrawal options the broker covers processing fees for both deposits or withdrawals, yet, check with particular payment provider in case of any other additional fees relevance or its possibility.
Education and Analysis
Traders of any level and expertise can learn even more deep through the provided range of educational resources and analysis in two distinct forms of technical and fundamental analysis. The daily technical analysis available directly on the website with updated information and successful retest of the next sufficient momentum.
Official website review
The official website looks modern and updated. There are necessary features a trader needs. You can get any section in a couple of clicks.
Testimonials
Traders’ opinions on this broker are mixed. Some find the services excellent, but the others show some proof of losing money with the company. They do not admit this is a scam but alert the others to be cautious.
Pros and cons
FXCC Forex broker has been recognized by numerous traders around the world as well by the significant number of awards they receive. FXCC broker delivers dedicated support by the professional team and good trading environment based on quality technology. FXCC instrument range is good and spreads are within average.On the flip side, education tools are rather limited and platform is limited to MT4 only which is slightly outdated.
Conclusion
For final though we see FXCC as a company that gives an opportunity to engage into trading with the STP/ ECN model and quotes provided directly by the liquidity providers. The broker designed various accounts with comprehensive features and different minimum deposit requirements that allows traders of different level start trading in FXCC conveniently. And one of the most important, the FXCC regulated environment of operation ensures safety and sufficient level of trading environment, along with provided customer support.