The company has established a solid reputation within the forex brokerage industry, praised for its competitive trading conditions, including attractive leverage options and low spreads. Customers appreciate the transparency and reliability of the platform, often highlighting the quality of its educational resources and customer support. However, concerns persist regarding withdrawal processes, with some users experiencing delays and additional fees. Overall, while the company demonstrates strengths in product offerings and customer service, it faces challenges in addressing withdrawal-related issues, which could impact customer trust and satisfaction.
This summary is generated by AI, based on text from customer reviews
I actually promised myself not to change my broker again, but it had some major problems. Then I registered here and tried FXCC a little bit. I am still not sure actually whether or not I will be transfering here all my capital. But this platform has none of the major trust problems, reliability issues, dubious questions about withdrawals and deposits. It is all going normal for now.
Pretty simple things brought me here. The broker offers a reasonable leverage size, namely 1:500. Earlier I tried to trade with higher leverage many times. It was an insane thing. I mostly lost. This leverage is optimal in terms of margin size, risk and profitability.Secondly, I like commission-free trading and spreads here.
I had an experience with different brokers but they were kind of dubious ones. The main thing I always cared about is security. I need my funds to be safe.
There is no problem with regulation at FXCC. Broker is regulated by CySEC and that means something.
And one more thing that I find useful is numerous ways of deposit/withdrawal. Bank cards, bank wire transfer and a lot of alternative payment methods are available. That means you can always operate your money.
The broker has so appealing terms and conditions for trading. I think it's one of the most lucrative forex brokers I've ever seen.
It doesn't mean that it has no flaws though. For example I don't like the commission for withdrawals. But I think I'll deal with it. Ultimately my profits will cover everything.
Earlier I traded major currency pairs, but recently I became greatly interested in crosses. The more I learned about them the more they became interesting for me. However, I didn't want to give up trading majors. I proceeded trading'em with other brokers, but also signed up here to trade crosses only.
I like that the broker offers the same leverage for majors and crosses.
Very knowledgeable website of Fxcc. It gives a lot of information about different economic factors.
For instance I didn't know about the impact interest rates have on the price movements of currencies.
My main interest with this broker was the trading conditions for minor currency pairs. For me, it's crucial that it's possible to trade minors with the same leverage size as major currency pairs. Some brokers provide smaller leverage for minors that make trading them less profitable as trading majors. This broker allows to trade all currency pairs without exception with 1:500.
So, I signed up and trade my favorite crosses here with the Australian and New Zealand dollars included. The technical side of trading here suits me. I mean I like the execution and the withdrawal procedure.
The only issue I have with the broker is that MT4 is the only available platform. It is an excellent place to trade, but it would've been better with a bit of variety. Although, I still like trading on the platform because I think MT4 is a universal platform.
Fxcc blog providing me with wonderful analytics on various markets and instruments. It always keep my mind full with fresh trading ideas that is implementing later in some ways or another ways.
I know from experience that any company that provides some services always describes them as better than they really are. That's what I thought about FXCC when I saw information about trading conditions and services on broker's official website.
As it turned out, all conditions and services work almost as described. Of course, I had little difficulty, but broker's representatives helped me to deal with them.
I trade with this broker for three years now. Trading conditions, very sweet and I continue to trade here
Excellent customer support. The importance of customer support cannot be over-stressed. I love especially their prompt and speedy response. They also are competent in their answers. They are good like that.
I have been trading with FXCC for almost a year and haven't faced any issues. Conditions are suitable, products' range is wide and support team is friendly and willing to help. I like trading platform has a version for tablets. Sometimes it is a bit slow if compare to desktop version, but I guess it is due to internet connection, because platform is optimized well for portable devices.
So i've been trading with fxcc for a long time now and it was just nice. But recently i tried to enter a demo account to test some new strategies and couldn't do it with first try, neither with second.
I don't know if it is a problems with server or just lags in my internet, but it was so not in time. Anyway i used to try my strategies on real account where connection is good.
FXCC pricing model is quite good. If somebody hesitates, I advise you to monitor the live quotes feature on the website, there are really 0.0 spreads on some instruments. And if it's not enough, try the fxcc demo and look at the spreads with your own eyes.
This company has the extraordinary background in financial services. Since the 2010 it has provided customers with great brokerage. I have specific respect for the forex brokers with such a history. Because the forex industry in general is a sphere of temptation to work unfaithfully. We as a community should give more credits to such brokers. Decent trading conditions are a pleasant supplement to an awesome reputation.
Nice broker to start with. I've just started trade with fxcc and have a plan to get a real account in couple weeks.
I'm newbie in trading, but have a profitable trading via demo account. Everything looks fine and I like broker's conditions, so i decide to make a deposit. The only issue i had was due to using Metatrader 4 trading platform, its mobile version to be exact. The executed order showed up in history book after several seconds and that puzzled me a little, but i think that was because my phone is 7 years old, so gotta test it.
The company's top managers seem to believe that every trader should have access to all available financial instruments. I am grateful to them for that! They made it so that I could access forex, cryptocurrencies, indices, metals and energies.
Nothing is more important for trader, than a reliable honest broker. When a client is choosing one he looks very closely to:
1.) Leverage level
2.) Spreads
3.) Commission
4.) Deposit/withdraw conditions
I trade with fxcc for about a year now and all mentioned above was ok. I had a deposit issue once, but it's because of bank's problems and that happens. Planning to keep working!
Answer: I've been trading with this broker for few years now. That's why I may have missed some information about beginner bonuses. So it's better to ask about bonuses from support department on official website. By the way, they answer very quickly. So you'll get answer right away. As for broker's advantages, you can also ask about them. But in my opinion, they are obvious. Just look at trading conditions, which are listed on website and immediately understand everything. Another great plus would be trading platform. It works great and has mobile version. So you can trade not only from your computer or laptop. In general, look for information on company website.
Answer: If you open a trading account with the fxcc broker, your leverage will be up to 1:500. I can say that this is a big leverage, which very rarely brokers with such serious regulation as fxcc broker are willing to offer to traders. Usually following the wishes of regulators brokers try to impose restrictions on leverage for traders. Very often you can find such sizes of leverage as 1:20,1:30 for accounts suitable to novice traders, here the leverage of 1:500. If you've tried out your trading strategy on a demo account, you will find it easy to raise your capital with the help of such leverage. So in my opinion this broker is a very good place to start trading. Moreover, you can not start trading with the largest leverage, and choose a suitable option for yourself.
Answer: As far as I know the entire information on this matter is provided by the broker on its website. Perhaps, it's placed in "deposit methods" section, but, if you have asked this question, then I will help you. Bank/wire transfer is the longest way to withdraw money, because it has to pass through several procedures before they get into your account. The broker sends the request to acquirer bank, then after getting this request this bank start the procedure of processing the transaction, sends the request to the issuing bank, and only then you will be able to receive your funds in case there will be no mistakes during processing. It may take up to 7 business days, because banks, obviously, don't process transactions on weekends. I'd advise you to pay attention to some other payment methods, they are substantially faster.
Answer: Yep, i'm withdrawing ever week from fxcc, always on friday. Can't trade FX on weekends anyway, and it just feesl much safer that way. Withdrawing 90% of the profit, leaving 10% to let the acc grow. Recomend doing the same thing too.
Answer: It's not an FXCC thing that spreads may be a bit wide during volatily, it affects the whole market. When the news are released, or the instruments liquidity is extremely high, of course there would be spreads, it like asking why the ground is wet after a rain Anyways the spreads are not that wide, or you can just wait out the volatily and trade some other time..
Answer: I do not really think that the broker offers that many of them. You have access to all of the necessary tools though... the indicators, VPS, live quotes... a good number of tools, but nothing too extra.
Answer: I have been trading here for about 1.5 years. This is the second broker in my life. And apparently I like everything here because I see no reason to look for a new more profitable company. Yes, the reason why I opened trading account here is that here were more favorable trading conditions than at previous broker Therefore, when I opened trading account here, I already had some trading experience. But here I have significantly improved quality of my trading. And now I am confident trader.
Answer: No, man, I don't think so. To be eligible for the bonus you just have to make a deposit and that's it. You are able to receive 100% bonus for the first deposit up to $2000. There are no specific ts and cs to meet, because this broker has a stake in helping traders grow their deposits if they enter with humble sums. It's just a cool, user-friendly move from the company, so there is nothing complicated in this process. Use it, and then share your feedback, good luck!
Answer: Well, I would say it depends on your level of experience. I would say they are more useful for beginners but less for experienced traders. But the good thing is that high-quality market insights and analyses are available on the platform suitable for any level of experience.
FXCC is a forex and CFD broker. It provides brokerage services internationally and is regulated by the Cyprus Securities and Exchange Commission. FXCC reviews indicate that the edge of this broker is keeping the trading fees as low as possible to match the most demanding clients' expectations. At the same time, it maintains the status of the brokerage with excellent executions based on straight-through processing.
This is a no dealing desk broker that executes orders using the STP/ECN model, which guarantees that the clients get the best executions with minimized risk of slippages and no requotes. "The broker on your side" became the slogan of FXCC as it does not trade against its customers. Instead, it uses institutional partners' liquidity pool to guarantee the tightest spreads and best quality of service to its customers. Such a business model assumes FXCC is interested in its customers' long-term success and hopes to grow and prosper together.
FXCC supports many deposit and withdrawal methods, including bank wire transfers, credit and debit card payments, and various e-wallets. It guarantees the security of clients' funds by keeping customers' money on a segregated account. It also offers negative balance protection.
Tight spreads and favorable trading conditions are not mere marketing cliches when it comes to FXCC.
Zero mark up
Zero commissions
Zero SWAPs
Zero deposit fees
That's what traders can get with the ECN XL account here, and this is why 'excellent trading conditions' is not an exaggeration when it comes to FXCC trading fees.