We do not provide financial advice, offer or make solicitation of any investments. The broker that provides you with a competitive online trading environment and the required resources to help you get the best out of your trading. They are committed to your success, by delivering competitive pricing, via fair and transparent order processing.
Regulated, Transparent and Fair Trading
The educational tools offered, dedicated customer service, and zero commissions fees are all major bonuses. Though FXCC provides only one account type and one platform, the ECN XL is a pretty strong offering that will work for traders of all experience levels. In this FXCC review, we examine the broker across key categories, including its accounts and fees, trading platforms, and customer support, to find out how it competes with alternatives. These findings are based on our first-hand experience trading at FXCC and take into account the overall experience for day traders. To evaluate brokers, we test the accounts, trading tools and services provided.
FOREX Trading
Ordinarily, we prefer to see a choice between a commission-free account (geared towards beginners) and one with raw spreads and low commissions (geared towards advanced traders). However, FXCC has outdone many competitors by offering the kind of tight spreads you’d expect from ECN accounts without charging a commission. Whatever your level of trading experience or demands, we believe we have the right account for you. FXCC brand is an international brand that is registered and regulated in various jurisdictions and is committed to offering you the best possible trading experience. FXCC’s headquarters are in Cyprus, the company is comprised of a dedicated team of professionals with extensive experience in the financial industry. The broker’s customer support team are available 24/5 from Monday through to Friday.
- That being said, I think MT4 should have more than enough tools for most of you, especially if you are just looking to follow market prices and place or manage trades with minimal fuss.
- They can provide answers to all of your general, technical, and account-related inquiries.
- Also, the offshore regulation for non-EU traders and expensive withdrawal fees are notable drawbacks.
- I like how tight spreads they provide on the forex market and the spreads are even more tighter than from other major and famous brokers.
- The broker operates using the STP/ECN execution model, which offers access to the interbank markets.
FXCC – A Reliable Platform for Secure Trading
It makes it quick and easy to keep track of your trades and the latest market news from anywhere at any time. We offer impartial reviews of online brokers that are hand-written, edited and fact-checked by our research team, which spends thousands of hours each year assessing trading platforms. FXCC enhances the mobile trading experience by offering the MT4 application, compatible with iPhone, iPad, and Android devices, ideally suited for day traders. At FXCC we often use a motto that we have adopted over the years; “from small acorns great oaks will grow”. Every ECN trader starts somewhere that is why every FXCC client is treated as an individual, a VIP, who will enjoy a personal, unrivalled level of service. Clients can open a ECN XL account with only $100 and enjoy the same level of dedicated full support and service as if they are a VIP client.
Trading Capabilities
The software offers an impressive array of analytical tools, including nine timeframes and four chart types for each financial instrument to ensure detailed market analysis. FXCC is a retail broker that provides traders with the popular MT4 trading platforms, useful educational materials and robust trading tools, to trade in the global financial markets. MetaTrader 4 is one of the most popular forex trading platforms in the world today. All the necessary trading tools https://limefx.group/ and resources are on hand to allow traders to conduct research and analysis, enter and exit trades and even use third-party automated trading software (Expert Advisors or EA’s). MetaTrader uses its own programming language MQL4, which allows you to program your own automated trading robots. We are committed to our clients’ success, by delivering competitive pricing, via the fairest and most transparent order process in the retail forex trading market.
Regulation & Trust
I think there is enough to improve your trading if you are a complete novice. There is a nice selection of forex eBooks, providing guidance and understanding of the key trading concepts. A great amount of thought was applied into the forex education centre in order to ensure it can help to make a difference and enhance your knowledge of the markets. Professional traders and asset managers with many accounts want solutions that make managing several accounts straightforward and secure.
An economic calendar is an invaluable trading tool which is often overlooked and undervalued by traders. Being ahead of the curve; knowing the timetable of economic releases by way of a calendar, is an absolutely vital aspect to support trading performance. I believe that having access to a thorough, comprehensive and detailed economic calendar, is extremely important.
There are a few features that indicate that FXCC is a good broker for beginning or new traders. Discussed individually below, these features include educational tools, customer support, and client monetary protection. Each and every trade clients place is matched in an electronic configured network (ECN), through a straight through processing (STP) method. These four limefx courses scam critical factors ensure that FXCC clients are enjoying the most transparent access to the FX markets. FXCC emerges as a reputable option for traders seeking a secure and regulated trading environment without engaging in speculative trading activities. The platform’s emphasis on compliance, diversified offerings, and support aligns with responsible trading practices.
Yes, FXCC operates under strict regulations to ensure compliance with financial authorities and maintain a secure trading environment. Honestly, I was having a lot of doubts before I started working with this brokerage company because I have not heard a lot about them. Anyway, after reading some reviews I decided to give it a shot and signed up for this company. To my surprise everything was better than I expected, I didn’t have any problems with the registration process. FXCC is a low-cost brokerage with no commissions and spreads that are generally competitive, especially on currency pairs. However, traders seeking stocks or deep education and market research will need to look elsewhere.
Over 100 data points are considered, from minimum deposits and trading fees to the platforms and apps available. Our broker ratings are also informed by the experience of our researchers during the evaluation process. The diversity of financial instruments which this company offers to customers is really huge. They have been running the business for over 14 years, so it seems they managed to add a lot of instruments for all this time. I like how tight spreads they provide on the forex market and the spreads are even more tighter than from other major and famous brokers. The technical support is good and it is noticeable that there are competent guys working.
If you are just getting started on your trading journey and need guidance along the way, Fortrade is a broker with lots of educational resources. The broker also provides you with copy trading via Multi-Account Management (MAM). Copy trading is helpful for you if you don’t want to scan the markets for trades yourself because you don’t have the time or knowledge to do so. Instead, you can select a professional trader with a solid track record and start copying trades in return for a small commission to the manager. According to BIS (the bank for international settlements) the FX market is responsible for circa $6.6 trillion of turnover each trading day. The major international banks and financial institutions are responsible for the majority of this turnover.
