Description
General Information
Trading Preference
Payment Options
Trading Features
Trading Instruments
Promotion
Support
Contact Information
User Feedback
Overview FXCC
General Information
| 👤 Broker Name :
| FXCC |
| 🏣 Company Name :
| FX Central Clearing Ltd |
| 📅 Foundation Year :
| 2010 |
| ✅ Regulated by :
| CySEC, MiFID, FCA, ICF |
| 🏢 Headquarters :
| Cyprus |
| 📉 Broker Type :
| ECN/STP |
| 💱 Base Currency :
| USD, EUR |
| 🇺🇸 US Traders :
| |
Trading Preference
💵 FXCC Minimum Deposit :
| 100 USD |
| 💹 Max. Leverage :
| 1:150 |
| 💰 Minimum Spreads :
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| 🎮 Demo Account :
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| 📒 Mini Account :
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| 📒 Standard Account :
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| ✨ VIP Account :
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| 📒 Premium Account :
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| 📒 Segregated Account :
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| ☪️ Islamic Account :
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| 📒 Managed Account :
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| 📒 Pamm Account :
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| 📒 Affiliate Account :
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Payment Options
| 💳 Deposit Methods :
| Credit Card, Neteller, Union Pay, Webmoney, Wire Transfer |
| 💳 Withdrawal Methods :
| Credit Card, Neteller, Union Pay, Webmoney, Wire Transfer |
Trading Features
| 📊 Trading Platforms :
| MetaTrader 4 |
| 💰 Fixed Spreads :
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| 📈 Commission on Trades :
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| 📈 Hedging :
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| 📈 Scalping :
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| 📈 Automatic Trading :
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| 📱 Mobile Trading :
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| 💻 Web Trading :
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| 🚥 Signals :
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| 📪 VPS Services :
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| 📧 Email Alert :
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Trading Instruments
| 📊 Forex/Currencies :
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| 📊 Commodities :
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| 📊 CFDs :
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| 📊 Indices :
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| 📊 ETFs :
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| 📊 Stocks :
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| 📊 Crypto Currency :
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Promotion
| 🎁 No Deposit Bonus :
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| 🎁 Deposit Bonus :
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| 🏆 Contest :
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| 🚀 Other's Promotion :
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Get Latest FXCC Promotion
Support
| 👥 24-Hours Support :
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| 👥 Support During Weekends :
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| 🌐 Web Form :
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| 💬 Live Chat :
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| 🤙 Call-Back :
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| ✔️ Support Language :
| English |
Contact Information
| 🌐 Website :
| www.fxcc.com |
| 📧 E-mail :
| [email protected] |
| ☎️ Telephone :
| +357 25 870750 |
| 📠 Fax :
| +357 25 030523 |
| 📮 Address :
| Amorosa Centre, 2nd floor, 2 Samou Street, 4043 Yermasoyia, Limassol, Cyprus |
User Feedback
My impression of this broker is good. I didn’t see anything negative in the trading process. Despite its spreads are floating, they don’t tend to widen too much, so I don’t need to worry. Perhaps, the only downside of this brokerage service is a relatively small choice of assets to trade.
Do they have cryptos among the assets you can trade here?
Yes, there are more than 10 cryptocurrency pairs in the FXCC. So it makes sense to trade these assets here. The spreads here are floating, and they are quite tight. You can trade cryptocurrencies not only in pairs with the U.S. dollar but also with other currencies. Among them is the Euro and the Chinese Yuan.
As a rule, I work with several brokers. I do this because I want to stay on the safe side. I’m scared to hold all my money in one company. If it goes broke, I really doubt that I will be able to claim my funds back. But when I distribute my capital between several brokers, I have peace of mind because they can hardly go broke at the same time.
So, this year I joined two of the new brokers and FXCC was one of them. At first, I didn’t like a small choice of cryptos, but when I took a deep glimpse at their trading conditions, I appreciated them. Afterall, I often scalp and their low spreads create favorable conditions for this.
Yoo-hoo! Finally the day came and the total of the withdrawn funds has exceeded the size of my initial depo with the broker! I guess I owe them a positive review now! Well, here it is LOL.
Seriously, the broker is totally worth it!
I used this brokerage’s service long enough to know every detail that is normally you can’t find on an official web page. Since long ago, I use an ECN XL account, and there is no doubt that this is the only account that is really worth considering with this broker.
Everything was fine except leverage until now. I can’t say the leverage was horrible, but 1:300 was not enough for a small capital sometimes. Now its 1:500.
Also I recently noticed that no matter what time I trade, there is no slippage there. Looks like the broker has reformed its infrastructure and did smth to make executions better, which I truly appreciate.
At the moment, I can say that the broker suits me 95%. I’m taking off 5% as I wish there were a chance to try trading with MT5.
What OS Operating System do I need for the Trading Platforms?
Hi! It does not matter. You can trade on Windows or MAC. The Trading Platforms have good optimization.
So, you may not think about it when choosing a trading platform or buying a new computer)
I heard about their tight floating spreads and it motivated me to join this brokerage service. Once I signed up with the service, I started trading and it took me a month to understand that this company deserves my trust.
With this broker I mostly trade major currency pairs as well as XAUUSD.
It is a pleasure to trade with this broker !! And these are not just words .. I can really prove! My scalping used to suffer from spreads .. I hated every trade. It seemed to me that I was losing money .. It was important for me to find a new broker that would allow scalping. I think many modern traders should require this from their broker. FXCC has it all and, moreover, with low spreads .. Honestly, my average profit is several points higher now.
One more thing, I often follow the Dow Jones and the S&P 500. These indices are very important in my trading. But brokers had understated leverage and were not able to trade the way I wanted. Due to the high volatility of assets .. BUT, I’m already a professional and I need more !!)) I was very glad to know that FXCC has 1:500 leverage available for indices as well ..
I think I will work with this broker for a long time .. !!))))
I chose this brokerage service because it offers the best trading conditions to trade metals. As a gold trader I’ve never seen better ones. I haven’t seen such a thing with other brokers.
This broker is very advantageous for me. Tight floatings spreads were not the only reason that made me register with this brokerage service. It also has another worthy argument. That’s the possibility to trade indices, metals, and oil with 1:500. I didn’t see it anywhere else. It drastically raises the profitability of trading these popular assets.
As for downsides, I don’t see any critical ones, especially in contrast with the last advantage mentioned above.
That’s not a scam for sure. It’s because it’s regulated by cySEC. That’s a well-known watchdog that regulates brokers.
This broker offers very good trading conditions. Spreads are tight, support is responsice. What else would a trader need?
If you are a newcomer, you’d better trade currencies with this broker or trade metals, indices or crude with decreased leverage as by default all the instruments have 1:500. which is quite dangerous for newbies.
It is convenient to trade and withdraw earnings
The broker is good, because everything is done primarily for the traders themselves. The spreads are very low. For example, for the USDEUR pair, they fluctuate within the range from 0 to 0.3 points, except for the moments of night extensions. At the same time, there is a spreads chart for each pair, where you can see all the dynamics.
In addition, gold also has excellent spreads (there are almost no spreads).
In general, for those who trade intraday, the conditions are simply superb. And, importantly, the broker pays money out quickly on orders (on average, during the day).
They often have all sorts of promotions and bonuses. Of course, bonus funds should always be used with caution, but otherwise this is only a plus.
I feel good trading here. Their floating spreads are very tight, ideally suitable for scalping. It’s my main trading style. Of course, from time to time I hold long-term trades, but I rarely manage to timely spot an optimal entry point to the market. Scalping is different. Here you can scalp nearly every hour. You just need to develop a corresponding skill. As for me, it took me a year to learn to scalp. It’s all about taming your emotions. I don’t know how much time it will take you to master this art, but it’s undoubtedly worth trying. At least, you will test yourself. You will see your strengths and downsides and it will become clear to you what need to be fixed to change your life for the better.
People looking to choose a good broker to trade should read FXCC reviews. There you will find information that the broker has regulation, good conditions for scalpers and a reliable trading platform.
I think that this is enough for you, but if not then open a demo account FXCC to make sure!
The broker is a normal company. There is no cheating on FXCC, the broker honestly performs all its obligations and does not let traders down. The software is at a high level. The withdrawal of money has never exceeded the limits of the regulations.
The broker has one account with the best conditions, which has been recognized many times as the best account in various nominations. There is also a 100% bonus on first deposit, which I took advantage of when registering. There is no limit to the deposit amount either.
That’s definitely a scalper-oriented brokerage company. It follows from its tight spreads. What’s more, the broker recently cancelled commissions that made scalping even more attractive.
Perhaps, you might have guessed a typical restriction for such favorable trading conditions. It’s a high withdrawable amount. Yes, that’s true. It may scare away those who intend to frequently withdraw small amounts, but it’s not a problem for professional traders.
What are the trading conditions for metals and energies at the FXCC brokerage?
FXCC offers very attractive conditions for trading CFDs on metals and energies. Thanks to the high leverage of 500:1, the margin requirements for gold, silver and oil are very low, which is good for a flexible trading approach. Spreads are very narrow unless you trade within active hours when volatility soars. As a result, you are able to enter the market more frequently and take advantage of that.
I’m very glad that I joined this company. There’s a tough situation with brokers in Australia. My country has a very strict regulation and therefore it has a very tough impact on local brokerage companies. Being constrained with severe regulations, they can’t provide high leverage to their clients. As a result, Australian traders have to seek foreign alternatives. So, I did.
I timely discovered this broker. It allows to trade with 1:500 leverage, which is more than enough for me.
I really like the fact that FXCC allows scalping. I am a scalper and I understand that this trading strategy can make me rich someday. FXCC has low spreads which is great too. I am not losing money. This is also due to the low slippage when trading with professional MT4 software.
I registered an account with FXCC this week. It’s hard to understand the charts. I know intuitively what’s going on. But the highs and lows, gaps and differences in timeframes, shadows and shapes are like astrology for me. I trade by forecasts from my site about investments, it works out quite good, I get 80-90 cents from most deals, sometimes even more, if I lose it is about $2. When I try to do everything “right”, it turns out “bad”. I don’t understand when to enter a trade, every moment doesn’t seem right enough. I read reviews about FXCC before registration, a lot of newbies, but no one has such questions as I have. Am I doing something wrong?
I believe that you should not trust only the forecasts on some sites. Trading is math, you know?
I think .. I’m sure you need to use technical analysis. This is done using special indicators on the MT4 trading platform.
Watch video tutorials about it on the Internet. There’r lots of them.
It is true that FXCC quickly gained a leading position in the market and quickly gained favor from customers.
They really did quite a lot of work and were able to create modern conditions for people.
They have zero spreads and zero commissions, and the trading conditions themselves are not bad even for small capitals.
Scalping is my great passion now. I should say that I debuted in trading with higher time-frames and I thought that long-term trading is the only possible way to trade financial instruments. I certainly heard about scalping before but I didn’t dare to try it. Perhaps, I was under the impression of negative reviews about scalping. Folks are used to picturing it as something specific, something that only a few people can do who have steel nerves. However, once I tried it, I saw with my own eyes that scalping was surrounded with myths. A scalper doesn’t need to scalp 24 hours a day. He can use bigger lots and work a few hours a day and it would be enough.
I joined this broker because it’s very favorable for scalping. Commission-free trading and tight spreads makes scalping here very attractive and I’m certainly making advantage of it.
Does anyone know what the maximum leverage I can use to trade gold with FXCC ??
I can give you the answer to your question. When trading gold with an fxcc broker, you will be able to use the maximum leverage offered by the broker, namely 1:500. Yes, trading gold with such a high leverage is quite risky, and you need to clearly understand with this kind of trading what you are doing, when and why. It is good that the broker does not limit the leverage for trading gold because other brokers rarely exceed two digits leverage for this asset.
If I had just come to trade forex (I’ve been trading for a long time, tried many companies), the broker I would want to register with would be fxcc broker. Too bad my journey started elsewhere and I had to go through disappointments.
I believe that people who speak negatively about Forex do so for several reasons: either they have no experience, or they always take a very big risk, or they do not invest enough money, which is easy to lose.
I have been in this field for a very long time, but I remember the moment when I made my first small profit. I think this is a real place where you can make money if you approach it wisely.
That’s so good that I timely discovered this brokerage company because it offers very attractive trading conditions. In addition to good spreads and commission-free trading, they have recently deprived their customers of swaps. Thus, they did me a good favor because you know swaps can bite painfully especially when you are staying in a pullback that turned out to be longer than expected.
I want to know what indicators should be used at the same time to find out the direction of the price for any currency pair?
Many professionals use simple indicators to determine the direction of price movement and rarely rely on complex scripts in their work. This approach requires a better command of technical analysis skills, but in the long run, it provides a stable and large profit.
In general, many professionals do not use indicators at all but use non-syndicator strategies. This approach allows them to feel the market better and to understand where the price moves. The use of complex indicators, on the contrary, creates some “fog” and does not allow a professional trader to see the whole picture. Among indicators professionals usually use such simple instruments as Standard Deviation; Exponential Moving Averages; Moving Averages.
If I had to choose a broker with perfect trading conditions, I would choose FXCC broker without much doubts. A good broker plus a good trading strategy = 90% of success. I leave some space for good luck here as well LOL
Experienced traders develop their own strategies, while for those who are new to the market, FXCC broker provides an opportunity to obtain ready-made strategies. When choosing a strategy, one should consider the size of the deposit, the time of the day and the number of hours when the trading will be done.
I was immediately interested in FXCC for some things, for example, that they offer ECN and they have a big enough set of assets so that you can at least experiment a bit, especially with cryptocurrencies, which in my opinion are very popular at the moment.
That gives you a certain amount of freedom.
I’d like to know how much time it takes for the money to be withdrawn from fxcc trading account to my e-wallet.
This broker grabbed my attention mainly because I liked the conditions which it offers. Here is my short review.
2. As for advantages I would note the maintenance of MT4 platform. Actually it’s the most convenient platform for me. Scalping is allowed here and it’s a big plus, because I’m a scalper actually.
3. As for minor drawbacks I can note the slow response from customer support specialists and they, as far as I concerned, don’t work on weekends.