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
Thanks to broker's services, I became more mobile. I discovered new ways to use MT4 terminal and installed app on my smartphone and tablet. Now I'm always and everywhere in control of situation!
Makes use of FXCC education materials. There is some books, articles on any forex topics. For the advance traders FXCC makes trader's blog with the lot of article in it.
Trading is a new experience for me, I'm still trying to wrap my head around it. I decided to choose a broker with a relatively small initial deposit, to understand if I will be good at trading at minor expenses. FXCC was a good choice for me. It has pretty much everything I need as a beginner: diversity of trading assets, enough leverage to trade with limited budget, good orders execution for a zero minimum deposit requirement. Nice starting point. Let's see if it goes well.
Сurrently I'm enjoying the number of assets you can trade on with high leverage except cryptocurrency. It is understandable as crypto can be very volatile so FXCC changed leverage to 1:40 for BTC and 1:10 for the rest. Also they should add stocks as an instrument. It's not that I use stocks in my trading often, but sometimes you wish you'd have an opportunity to open a position on the stock market. Anyway, as I said, no broker is perfect.
In my opinion, FXCC is quite a reliable broker. I have been working with them for more than a year, no complaints, fast money deposit/withdrawal, a big number of instruments, bonuses, spread on ECN XL-account from 0 points on euro/dollar! It seems to me very attractive conditions for trading.
I have recently switched to trading with the Canadian dollar, testing it now and I am very satisfied.
What seems for me to be good: great platform MT4, single account (top-choice for beginners), instant withdrawal, and many instruments (possibility to trade with indices, metals, forex, etc.).
Well... it seems to me that it's more difficult to choose a proper broker these days as there is a bunhc of brokers on the market. I accidentally faced broker on web... um. Couple of weeks ago I guess, I don't remember exactly when. Just googled. In the end decided to open here demo account.
What attracted me a lot? The fact that the company offers dozen of instruments for technical analysis + inforamtive website where all the data is structured and you can get acuianted with the broker faster. Nice company!
I believe that it is an open secret that it is not an easy task to find a good broker for scalping. In most of the cases brokers try to stay away from those traders who tend to make ultra short deals. Brokers are just afraid of losing their official regulation as such deals are considered to be suspicious in arbitrage trading which is prohibited. FXCC allows scalpers to trade freely as they wish.
In fact, there are not a very large number of real ECN brokers who would offer decent trading conditions.
I think FXCC is one of those brokers. I used to trade with another broker, but their spreads and commissions ate more than 20% of my earnings. Here I have a totally different situation - I practically do not notice any spreads or commissions...
There is also one more detail that is very important to me. I don't know what the broker says about withdrawal, I haven't even checked it... But every time I order it, the money comes to me within 2 hours.
My motivation to join this broker was a strong desire to test one trading strategy. I have nearly completed my test and can say that a number of improvements need to be made. Meanwhile, I decided to stay here because I liked the broker a lot!
Generally speaking the broker gave me a very good impression. I didn't see anything suspicious and negative in the trading process for a month I spent to test the broker. That's nice that by the time I discovered this broker I had gained enough experience. So, I traded some assets confidently. It's impossible to trade everything perfectly. For example, I have always lost money on cross pairs. So, I don't trade them, but I can trade some majors.
I wanted to say that beginners could be scared away by a relatively high minimum withdrawable amount. It accounts for fifty bucks. I understand that these people may be struggling to withdraw their first money they earned on Forex. This broker definitely welcomes experienced traders who can easily meet this requirement. Moreover, this audience can count on very good spreads and the absence of swaps and commissions.
FXCC is OK with comission and other suchthing.
You can even fund your acount without any fee. That suits me!
I have no other options of remote job and I chose forex trading. In fact, I was scared to be full-time freelancer but I decided to learn anyway. I was choosing a broker quite a time and chose FXCC because ratings and reviews are mostly 4,5+. Traders inspired by trading conditions, but i want test it myself. After couple of months all goes smoothly. Will see how it will be further...
I've always thought of different ways to make money. Of course, not all people are capable of having a lot of money, but I am not like that. It's important for me.
This is probably why I decided to try the FXCC demo.
It was interesting for me to learn and get a feel for Forex trading. I knew it was difficult, but I also knew that it was a possibility. Good opportunities. You just need to learn to feel the market.
Perhaps someone might have a question, ""why did I choose an FXCC broker?"" Probably it will be clear if you learn about the trading conditions of this broker.
The FXCC broker has one account with good low spreads. Sometimes there is no spread or commission. It is amazing. Because many brokers have high spreads and this is not profitable for retail traders.
I think that FXCC broker has such favorable conditions because the founders of this company are traders. And who knows better what is best for traders? Only other traders. Therefore, there are also opportunities for scalping, hedging, high leverage of 1:500 and much more.
It is also important that this broker is regulated by CySec.
Online tradin is great stuff. I know now how to cope with financial markets as the platform has all I need to make analisys and predict where price go. Nice to have leverig 1 to 500 so I can duble my account quick and move forward from there.
I'm currently making my first steps in scalping with this broker. Earlier I traded stocks only and you understand these assets are traded in the long term. I traded stocks for more than three years. Then, I read several articles about scalping, it interested me and I decided to try that. Now I scalp with this broker. I can't say that everything flows smoothly and I realize that I need to improve a lot of things, but I work on it hard.
I registered with this broker because it's commission-free and offers good spreads. The rest is quite standard - Metatrader 4 and a typical choice of assets.
When I switched to trading with the FXCC broker, I started realizing that my previous trading strategy was very restricted due to high commissions and wide spreads of the brokers that I used to deal with before. If you analyse your past performance constantly, you should note that the broker commissions take a big part of your spendings. On top of that, if you place trades more frequently, then the total amount of commissions grow as they are taken every time you open a position and everytime you close it. The FXCC's commission-free offer is much more attractive as it can help you adjust your trading strategy. You will not need to think about the fees everytime you open a trade, so you can take advantage of more market opportunities.
I have also noticed that unlike other companies, FXCC does not require me to place the stop-loss order at a certain distance from the entry price, while I am able to close my trades manually with no time limitations. I can also open trades in the opposite direction for the same asset simultaneously, and close them whenever I want. This all made me interested in a high-frequency trading approach. After some tests on a demo account, I found it more profitable.
This broker is quite experienced and has all the necessary documents that confirm its legality. This is something that every trader should check.
I opened a demo account with an FXCC broker when I realized I wanted to try it. The MT4 trading platform is very convenient. The execution of orders is top notch and I did not see much slippage. This is a really good advantage. Remember. I like spreads and commissions too. Rather, their absence. To tell the truth, there is no spread and commission on some assets if you trade intraday.
This broker changed the way I trade. Earlier I traded from time to time and didn't even care about how I did it. I mostly relied on my full-time job and considered trading something unreliable. With this broker I changed my mind and now I approach trading as a serious job. I trade intensively and try to earn more. A high withdrawable amount and no fees encourage to trade more actively to withdraw more. I had to force myself to do some things but now I'm grateful to myself and the broker.
It's not so easy with trading in Australia, to my great regret. The matter is that local regulators are very severe. Therefore, it results in unfavorable trading conditions such as low leverage. Well, it's OK for some people. You know some traders don't need high leverage. It's especially true for stock traders. However, the vast majority of traders need leverage of a decent size to earn more. Many people trade currency pairs, especially majors - there's where high leverage is urgently required.
It would be so gloomy in Australia for us. Fortunately, there's a smart way out. I certainly mean brokers located overseas. I found FXCC and I'm glad about it. It allows me to trade with higher leverage and respectively earn more. I don't see any critical downsides here, especially on the backdrop of this huge advantage.
I personally have a very good and decent opinion about FXCC broker. I have been cooperating with them not so long, but I am already confident that they are not cheaters. I started with a small deposit, and I have already increased the rates several times. I like FXCC because it provides transparent trading conditions for me and I don't have to worry about money disappearing all of a sudden. My broker has also good technical knowledge, perfect order execution, spreads are not too tight, in general I am satisfied with all aspects.
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.