FXCC 2024 Broker Review
Recommended for
- Experienced forex and CFD traders
Trust Level: High
- Licensed and regulated by CySEC and SVG FSA
- In business since 2010
Popularity
151 people visited this broker using ForexBrokerTalk within the last 6 months
Introduction To FXCC
FXCC, an ECN and STP Forex broker, is renowned for its reliability and trustworthiness. Founded in 2010 and regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number 121/10, FXCC has established itself as a low-risk option for traders. The broker, which operates from Cyprus and Vanuatu, offers fast trading speeds, often within a few milliseconds, and has garnered over 5000 registered clients to date. FXCC’s trading environment is competitive, providing maximum leverage of 1:500 for Forex, commodities, and indices through its Vanuatu branch, while cryptocurrency traders can access leverage of 1:40 for Bitcoin and 1:10 for other pairs. The broker’s Cyprus branch offers maximum Forex leverage capped at 1:30 due to local regulations.
FXCC’s primary trading platform is MetaTrader 4 (MT4), available in desktop, web, and mobile versions, renowned for its analytical tools, technical indicators, and flexibility for various trading strategies. However, the broker does not offer other platforms like MetaTrader 5 (MT5) or proprietary platforms. FXCC’s account offering is straightforward, with a single ECN XL account type that features no minimum deposit, commission-free trading, tight spreads starting at 0.0 pips, and negative balance protection. The broker also provides a range of trading instruments, including 71 currency pairs, 12 cryptocurrency pairs, 12 indices, and spot metals and commodities. Additionally, FXCC offers an educational section with resources for new traders, 24-hour customer support five days a week, and a partnership program for affiliates. However, it lacks certain market analysis tools like Trading Central and AutoChartist, and it does not provide services to U.S. citizens.
$50
Minimum Deposit
Floating Spread
Trading Fees
Yes
Free Demo Account
No
Inactivity fee
Pros
In business for over one decade
Generally lower spreads than other brokers
Free VPS
Cons
Limited product offering
No 24/7 support
Review Video:
Coming soon!
FXCC Quick Facts
Country Headquarters
Cyprus
Instruments Offered
Forex, Metals, Energies, Indices
Base Account Currency
USD, GBP, EUR
Minimum Deposit
$50
Withdrawal Fee
$0
Account Verification Time
1 Business Day
Deposit Options
Card, bank wire, Union Pay, Neteller,
Accepts crypto deposit
No
Trading Platforms
MetaTrader 4
Demo Accounts
Yes
VPS Offered
Yes
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Frequently Asked Questions
Yes – FXCC is regulated by CySEC and SVG FSA.
Yes, traders at FXCC can use the MetaTrader 4 platform.
No, FXCC does not accept crypto deposits or withdrawals.
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3.9 / 5
ForexBrokerTalk Final Score
The broker has been around for a decade and brings a decent product offering. While it would be nice to see them expand their account and platform offering, FXCC is a decent choice for most traders.