Known for its reliable trading environment and fast execution speeds.
FXCC, established in 2010, operates as a joint brand name of two regulated entities: FX Central Clearing Ltd, authorized and regulated by CySEC, and Central Clearing Ltd, regulated by the Vanuatu Financial Services Commission (VFSC). This dual regulation provides a solid foundation for its operations and ensures adherence to industry standards.
FXCC caters to traders globally, offering a diverse range of financial instruments, including forex pairs, indices, commodities, and cryptocurrencies. Their primary platform, MetaTrader 4 (MT4), is a popular choice among traders, providing advanced charting tools, technical indicators, and automated trading capabilities.
While FXCC offers a variety of trading accounts, including ECN and STP accounts, it’s important to note that specific features and conditions may vary depending on the regulatory jurisdiction. To ensure a comprehensive understanding, potential clients should carefully review the terms and conditions associated with their chosen account type.
- Regulated
- Diverse Platform Options
- Competitive Spreads
- Advanced Trading Tools
- Educational Resources
- Higher Fees for Less Active Traders
- Steeper Learning Curve
- Mixed Reviews on Customer Support
FXCC offers a range of educational resources to help traders of all levels improve their skills. These resources include tutorials, webinars, and market analysis. While the quality of these materials varies, they can be helpful for beginners. However, experienced traders may find the depth and breadth of the educational offerings to be somewhat limited.
t’s important to note that while FXCC offers educational resources, they may not be as comprehensive or engaging as those provided by some other brokers. Additionally, the effectiveness of these resources can vary depending on individual learning styles and preferences.
Traders are encouraged to supplement their education with additional resources and seek out independent learning opportunities to enhance their knowledge and skills.
Is FXCC a Trustworthy Broker?
- Regulation: Regulated by CySEC, a reputable financial regulator.
- Competitive Spreads: Offers competitive spreads, especially on popular pairs.
- Multiple Account Types: Provides a variety of account types to suit different trading styles.
- User-Friendly Platform: Offers a user-friendly trading platform.
- Fast Execution Speeds: Known for fast order execution.
- Limited Educational Resources: Compared to some other brokers, FXCC offers fewer educational resources.
- Mixed Reviews on Customer Support: Some users have reported issues with customer support response times.
QUICK VIEW
| Minimum Deposit | 1 $ |
| Leverage | 500 : 1 |
| Scalping | 0.01 lots |
| Volume | 50 lots |
| Minimum Lot | 0.01 lots |
| Margin Call | 100 % |
| Stop Out | 50 % |
| Spread | floating |
| Execution | Market |
| Islamic Account | Available |
FEES
| Commission | 0 $/lot |
| Inactivity fee | After 4 months |
FUND MANAGERS & INVESTORS
| Social Trading | Not Available |
| Pamm Trading | Not Available |
INSTRUMENTS AVAILABLE FOR TRADE
Bonds, CFDs, Commodities, Cryptocurrencies, Indices, Metals, Stocks
OVERALL
FXCC is generally considered a reliable and trustworthy broker, especially for experienced traders. However, potential clients should carefully consider the quality of customer support and the availability of educational resources before choosing FXCC.
Before you proceed with opening an account or placing any order, please ensure that you have thoroughly read and understood all the legal documents provided by FXCC.
Disclaimer: Information Accuracy
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