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
There are not as many brokers operating in Canada as we would like. And some of them offer just super heavy trading conditions. I like FXCC not only because of its low spreads and generally loyal policy towards traders. The company conducts its work in a completely transparent manner.
Indeed, it is difficult to find a broker with such a reputation that has been working steadily for 12 years without much tragedy and upheaval. I am very impressed by their calm, measured tone of work. This is exactly what an experienced trader needs.
I would also like to note the technical support service. Very prompt service in several languages.
I really like the fact that FXCC is a true ECN / STP broker. I can be confident in fair market execution. You may not know, but often the broker is trading against the trader. This is bad. This means that the broker wants you to lose. Everything is different here. You trade on the market, and the broker's earnings are spreads from your trade (by the way, those are really tight spreads)
My friend advised me to join this brokerage service. He told me that this broker offers really good trading conditions. What's more, there's something that allows this broker to stand out from other numerous companies that are so alike! Besides this, I learned a lot of interesting things about the broker from FXCC reviews. As for good trading conditions, I can say that the broker is known for its tight floating spreads. Some folks don't care about spreads but they really matter for me. It's because I often trade on M5-M15 timeframes where spreads are crucial because I don't have much time to hold a trade and respectively the tighter spreads the easier my trading is.
In addition to this, the broker offers to trade metals with 1:500 leverage. That's a very lucrative thing. You should realize it if you have ever tried trading metals. Most brokers provide smaller leverage on these assets because they are very volatile. So, it's a very unique opportunity to trade these liquid assets even more profitably.
I found FXCC brokerage not so long ago, and I'm happy to transfer much less money to the broker's pocket than I used to do before. Hedging, scalping and other high-frequency trading styles are welcome here.
Many FXCC reviews point out a strong ECN offer for trading online. Two months ago, I decided to have a try with the broker. I was surprised to see how low the trading commissions are. Spreads are floating and very tight when the market is calm. And it's not only about liquid currency pairs such as majors, but also exotic currency pairs give the opportunity for short-term trading. Executions in the MetaTrader4 platform are instant, no delays nor slippages. MAM and Multi-terminal extensions offer more flexibility for professional fund managers. It's possible to select a leverage with a wide variety of options. I use hedging from time to time, so it's a helpful option as well. There's no requirement for the minimal distance of the stop-loss order from the entry point.
This broker does not use the Dealing-Desk intervention, nor tries to manipulate quotes and spreads. The MetaTrader4 terminal's traditional advantages also include MultiScreen and MAM extensions. Hedging, algorithmic trading, and scalping are allowed. Leverages can be chosen in a wide range, spreads are narrow, especially for liquid assets, while the margin requirements for CFDs on gold and silver are quite low, given the volatility of those instruments. There's also refer-a-friend and first deposit bonus.
I have been successfully trading with a broker for about 5 years. When I am asked whether it is worth learning to trade, I can only say that the currency turnover in the Forex market is $ 4 trillion every day. The authoritative financial resource - Bloomberg, predicts further growth of intraday turnover in the Forex market over $ 10 trillion in 2021. I think it is a great success to be a part of global processes. This is one of the reasons why I trade with FXCC.
FXCC is my broker. I want to honestly admit that I am pleased with my choice. This is a really good broker with normal trading environment for traders. Before I dived into trading, I have heard a lot of stories about big slippage, account blocking and withdrawal of money in a week. Or did not withdraw money at all. I'm glad there is no such thing here. I've been trading for six months. I think I can tell you honestly and objectively the FXCC review.
I have no more than a day to withdraw money. This is when I withdraw money to my MasterCard. When I transfer to Neteller, it happens instantly. I can quickly resolve my money issues!
Having studied the broker, I can highlight the following advantages of the broker: there are licenses and registration from different organizations; well-written user agreement; there are accounts with really interesting conditions, zero swaps; good selection of assets.
MetaTrader 4 is used for trading. The platform is installed on a computer, mobile phone or tablet, you can download it from site for free. There is also a multi-terminal MetaTrader4, which allows you to work with several accounts at the same time. Judging by the reviews, many users like this platform, it is universal, it makes it possible to conclude CFD transactions.
A friend of mine told me that this particular brokerage service offers really good opportunities to trade metals. To be exact, it offers to trade these liquid financial instruments with 1:500 leverage. Once I heard about it I thought that I couldn't overlook such a tempt opportunity.
It's really possible to trade metals with such leverage. I'm already doing this. The only thing that I don't like here is that there are no alternatives to MT4. But given the advantage mentioned above, it only remains to put up with this shortcoming.
FXCC used to have some great trading conditions on ECN account. Now they offer ECN XL, which combines everything from the previous one and even becomes better. I trade major currency pairs and gold cometimes. I was tired of paying such high fees and dealing with wide spreads before I found FXCC reviews. Now my profits jumped. Besides, why should I place my stop-loss, for example, 10.0 pips below or above the entry price? This broker does not have such a strange requirement. I can close my positions immediately after opening, if I wish to do so. Sometimes I use hedging in my trading method, and it's allowed here as well. I am totally sure about my funds here as the company is regulated and registered in so many jurisdictions.
I was looking for a reliable broker with low floating spreads. At some point, I was about to give up this idea and shift to a broker with fixed spreads, but fortunately, I came across this broker that met my expectations.
Its spreads are perfect. I have never seen lower floating spreads on major currency pairs - the assets I usually trade. The execution is good too.
When I read more about the company I knew straight away that I wanted to trade here because I liked that this broker is aimed at people with different views of the market and different capitals - which is really important because individuality is always very clear in the market and it's important to find something that will attract you and that will help you.
Of course, I noticed that there is a wide range of assets and the commissions are extremely low. But it's the analyst reviews and articles that have become my real love. They have given me a much better understanding of what is actually happening in the market and how I can really use them in practice. So you don't have to look for any additional information on other websites or resources, you just have to follow the economic data on this broker's website so you don't miss anything important and then everything will be fine. And the withdrawal of funds here is done without any problems.
No broker can help you if you don't trade systematically. I know that many people complain about brokers taking away a large share of profits with spreads and commissions, some suspect manipulations with quotes, others blame family members that don't support them. Haha! It's true that it's necessary to choose a regulated NDD broker with good trading conditions if you want to maximize the chances to succeed. Personally, I've chosen this broker and have never regretted this choice. They are CySEC regulated which is good enough to feel safe, and they have very favorable floating spreads that get close to zero at normal market hours. The rest is not that important IMHO.
As one trader said once, you lose money cause you don't have a good system, not because your mom spanked you in childhood. So chose broker carefully but don't forget to trade smart so that you don't have to find excuses in the future and don't mock your family with unnecessary emotional burnouts.
I used the service of this brokerage long enough to know evey detail that is normally you can't find on an official webpage. Since long ago I use ECN XL acount and there is no doubt that this is the only account that is really worth considering with this broker. Eveything was fine except executions until now. I can't say the executions were horrible, but from time to time you could face a slippage on your stop loss orders. I recently noticed that no matter what time of the day I trade, there is no slippage there. Looks like the broker has reformed it's infrastructure and did smth to make eecutions better, which I truly appreciate.
At the momnet I can say that the broker suits me 95%. I'm taking off 5% as I wish there was a chance to try trading with MT5.
I'm a scalper and this means that spreads are very crucial for me. When choosing a new broker, I always pay attention to how low its spreads are. With lower spreads, you can lose less. They enable you to close a trade profitably faster. That's what I enjoy this cooperation. FXCC's spreads on the most popular pairs are very low. As for execution, it's fast enough.
For a long time, I was struggling to trade profitably. Of course, from time to time, I managed to close my trades with a good profit, but I lacked stability in my positive moneyflow. However, when you try to do something for a long while patiently and persistently, sooner or later you will do it. It's just a matter of time and persistence.
So, after a series of losing trends I stopped and pondered over it and it suddenly helped. I saw a broader picture of the market. I decided that I will get more systematic in my approach and make best use of all the opportunities that the market.
Since I decided to start from scratch with a new understanding of the market, I also wanted to choose a new broker as I relized one of the reasons to lose money was paying too much in commissions. FXCC became my new choice. Thier spreads are very tight and they don't charge anythig extra. FXCC reviews were nice, people seemed to be satified with their executions as well, so that's why this choice was made.
I like this broker not only because it's fairly reliable but also because it's associated with the beginning of my professional growth.
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.