FXCC review
FXCC is a Multi-Assets Trading Platform with over 200+ Assets
FXCC is a multi asset platform with 200+ tradable Assets. Assets available on FXCC include Forex trading, CFD trading, Share Dealing.
FXCC trades in multiple financial asset types. A financial asset is any security or asset that has financial value attached, tangible or intangible. This means that Forex trading, CFD trading, Share Dealing are considered financial assets.
Features of FXCC
- Virtual Portfolio, or what is commonly known as a Demo Account
- FXCC offers Advanced Financial Chart comparison tools
- FXCC offers Research-backed analysis on financial markets and investments from top analysts
- The FXCC platform is available to use on multiple devices including and online through a Web Browser.
- FXCC offers a trading platform with tools for both New Traders and Seasoned Experts
- FXCC users benefit from using the FXCC platform in over 15 different languages
FXCC review
What you should know
FXCC offer three ways to trade: Forex trading, CFD trading, Share Dealing. The assets and products available to you on the FXCC trading platform depends on the region of the world, you are in and the FXCC entity you have an account.
With FXCC you will need a minimum deposit of $0. You can sign up for a demo account to acquaint yourself with FXCC platform.
FXCC are able to accommodate various levels of traders whether you are experienced or a beginner.
Are FXCC safe?
When considering FXCC for your trading activities, its financial regulatory status in your region is crucial. One of the primary considerations when evaluating a broker, such as FXCC, is to assess the broker's regulatory status and administrative body. Brokers operating without supervision from a regulatory authority are free to make their own rules, which may pose a risk to investors. Any capital you invest is at risk.
Established in 2008, and in operation for 16 years FXCC have a head office in Cyprus.
FXCC is regulated. This means FXCC are supervised by and is checked for conduct by the MISA (Mwali International Services Authorities) (BFX2024085), Saint Vincent and the Grenadines (2726 LLC 2022), CySEC (Cyprus Securities and Exchange Commission) (121/10) regulatory bodies.
FXCC withdrawal requests will be honoured. Brokers that operate under the supervision of regulatory authorities like FXCC are subject to strict guidelines that prohibit them from manipulating market prices to their advantage. Regulatory oversight ensures brokers operate with integrity, fairness, and transparency, safeguarding investors' deposits. FXCC are held accountable for their actions and may face severe consequences if they violate any financial regulations. If you are a client of FXCC and wish to withdraw funds from your account, you can rest assured that your request will be processed promptly. FXCC has a reputation for efficient and reliable fund transfers, and adhere to the rules of the financial regulators they are regulated with. When you submit a withdrawal request, FXCC will verify your account details and process the payment within the stipulated timeframe, usually within a few business days. By partnering with a trustworthy broker like FXCC, you can enjoy peace of mind and focus on your trading activities. If FXCC violate any regulatory rules their regulated status could be stripped.
Your capital is at risk
Is my money safe with FXCC?
All payments made to FXCC by traders are securely held in a segregated bank account.
FXCC uses Tier 1 banks for increased security. These banks are deemed the most reliable for client capital due to their strong core capital reserves and ability to withstand losses.
What are Tier 1 banks and why should FXCC use them?
FXCC partnering with Tier 1 banks offers reliability, efficient payment processing, reduced counterparty risks, and better protection for client funds. These banks are the most financially stable and secure institutions globally, with robust financial strength and high-quality risk management practices. They hold substantial core capital reserves, making them capable of handling unexpected losses and market volatility without endangering their FXCC clients' funds.
FXCC clients can have greater confidence in their financial security when working with a Tier 1 bank because FXCC are subject to strict regulatory oversight and must adhere to stringent guidelines to maintain its Tier 1 status.
What does it mean to have your funds in FXCC deposited in a Tier 1 bank?
Depositing funds with FXCC ensures that your money is held in a secure bank account with sufficient capital to meet your withdrawal requirements, even if FXCC were to go out of business unexpectedly.
Based on the information presented, it is safe to conclude that FXCC is a secure and safe platform.
Please be aware that trading in financial assets with FXCC carries a risk of loss. FXCC trading risk can occur due to inadequate market research, lack of experience, or failure to use the platform tools. It is common to experience rapid losses when trading financial investments like Forex trading, CFD trading, Share Dealing due to market volatility. Therefore, you should only risk trading when you understand that your capital is at risk at any time.
FXCC emphasizes this risk on its platform and provides clear risk warnings - Your capital is at risk. After answering some important questions about FXCC, let's closely examine its features.
To better understand the FXCC trading platform, you can create two separate accounts - one with real money and the other a FXCC demo account. A FXCC demo account provides a risk-free environment for experimenting with the FXCC platform's features and trading strategies before risking your actual funds. This approach can help you gain experience and confidence in FXCC trading decisions.
Open a demo account Visit FXCC
Full disclosure: We may receive a commission if you sign up with a broker using one of our links.
How FXCC as a Company Compare Against Other Brokers
Broker | fxcc | IC Markets | Roboforex | eToro |
---|---|---|---|---|
Year Established | 2008 | 2007 | 2009 | 2007 |
Head Office | Cyprus | Australia | Belize | Cyprus, UK |
Regulation | MISA (Mwali International Services Authorities) (BFX2024085), Saint Vincent and the Grenadines (2726 LLC 2022), CySEC (Cyprus Securities and Exchange Commission) (121/10) | Seychelles Financial Services Authority (FSA) (SD018) | RoboForex Ltd is regulated by the FSC, license 000138/437, reg. number 128.572. RoboForex Ltd, which is an (A category) member of The Financial Commission, also is a participant of its Compensation Fund | FCA (Financial Conduct Authority) eToro (UK) Ltd (FCA reference 583263), eToro (Europe) Ltd CySEC (Cyprus Securities Exchange Commission), ASIC (Australian Securities and Investments Commission) eToro AUS Capital Limited ASIC license 491139, CySec (Cyprus Securities and Exchange Commission under the license 109/10), FSAS (Financial Services Authority Seychelles) eToro (Seychelles) Ltd license SD076 |
Used By | 10,000+ FXCC users | 200,000+ IC Markets users | 730,000+ Roboforex users | 35,000,000+ eToro users |
Negative balance protection | Yes | Yes | Yes | Yes |
Guaranteed Stop Loss | No | No | No | No |
Learn More | Visit FXCC | Visit IC Markets | Visit Roboforex | Visit eToro |
Risk Warning | Your capital is at risk | Losses can exceed deposits | Losses can exceed deposits | 51% of retail investor accounts lose money when trading CFDs with this provider. |
FXCC review
FXCC Pros and Cons
FXCC review
FXCC Regulation and Licensing in more detail
FXCC is regulated by trusted organizations, providing recourse for any issues. Regulatory bodies protect traders through reimbursement schemes in case of FXCC going into insolvency. FXCC compliance with rules and criteria set by regulatory authorities is mandatory for brokerage firms like FXCC to maintain licenses and operate in certain jurisdictions. Financial regulation and licensing are crucial for creating a secure trading environment for FXCC traders.
- MISA (Mwali International Services Authorities) (BFX2024085)
- Saint Vincent and the Grenadines (2726 LLC 2022)
- CySEC (Cyprus Securities and Exchange Commission) (121/10)
FXCC is regulated, governed and supervised by reputable financial regulatory bodies. Regulatory bodies monitor the brokers' behaviour, and they will take necessary action if things go wrong. Before trading online with a broker like FXCC you should be sure they're legitimate online agent.
Is FXCC Global?
Yes, FXCC is global as FXCC is available in over 194 countries.
FXCC is a global trading platform in the sense that it operates in 194 countries including nations in Africa, Asia, Oceania, and Europe. Major countries FXCC covers include the UK, Germany, South Africa, Thailand, the United States China and Australia. FXCC has a total of more than 10,000 users.
FXCC review
FXCC Fees Explained
- FXCC doesn't charge withdrawal fees.
- FXCC does charge a fee for inactive accounts.
- FXCC doesn't charge deposit fees. A currency conversion fee may be applied as withdrawals and deposits from FXCC are conducted in USD. Any other currency will have to be converted to your local currency by your 3rd party payment provider.
FXCC Costs To Check
Modern brokers like FXCC provide advanced online trading platforms, mobile apps, financial analysis tools and educational resources. These services require significant investment, and in turn, FXCC may charge clients various fees for trading activities. Be mindful of these charges, impacting your overall FXCC trading profitability.
How FXCC Fees Compare Against Other Brokers
Broker | fxcc | IC Markets | Roboforex | eToro |
---|---|---|---|---|
Min Deposit | 0 | 200 | 10 | 50 |
Withdrawal Fees | No | No | No | Yes |
Inactivity Fees | Yes | No | No | Yes |
Deposit Fees | No | No | No | No |
CFD Commission Fees | Yes | No | Yes |
FXCC Minimum Deposit
FXCC does not require a minimum deposit when opening an FXCC trading account.
In the trading world, brokers like FXCC, have different minimum deposit requirements based on the target audience they are trying to attract. Brokers with lower minimum deposit requirements typically cater to a more mainstream audience who don't require advanced research tools or features. On the other hand, brokers that require a larger minimum deposit often provide a greater range of trading features, more in-depth technical analysis, research tools, and better risk management features.
Some brokers may waive the minimum deposit requirement to attract new customers but may compensate for it by charging higher transaction commissions and trading fees. As the online trading market becomes more competitive, brokers have reduced their minimum deposit requirements to attract new clients.
However, it's important to note that depending on your trading account type, some brokers may require a higher minimum deposit of up to 10,000 GBP/USD. Therefore, it's essential to research and compares different brokers to determine which best suits your trading needs and budget.
FXCC Withdrawal Fees
FXCC doesn't charge withdrawal fees.
FXCC Withdrawal rules may vary across different brokers when it comes to transferring funds from your FXCC or other broker trading account. Each brokerage firm has its specific withdrawal methods. The payment provider associated with FXCC may have different transfer processing fees and processing times, affecting how long it takes to receive your funds.
In addition, currency conversion fees may apply if the FXCC withdrawal and receiving currencies differ, adding to the overall transaction costs. The currency conversion fee depends on your base currency, receiving currency, and the 3rd party payment provider that is separate from FXCC. Researching and comparing FXCC withdrawal policies and fees across different brokers is essential before choosing one, especially if you are withdrawing FXCC funds frequently or dealing with large sums of money. Awareness of these FXCC fees and policies can help you plan and budget accordingly and avoid any unpleasant surprises when transferring your FXCC funds.
For example, FXCC allows you to withdraw your funds to Bank Wire Transfers, Credit Cards, Debit Cards, VISA, MasterCard, Sofort, Rapid Transfer, PaysafeCard, Neteller, Skrill, Netbanx Asia, CASHU, Neosurf.
FXCC Inactivity Fees
FXCC does charge a fee for inactive accounts.
When a trading account goes unused for a certain period, brokerage clients may be charged an account inactivity fee. To avoid such fees, clients may need to fulfill specific trading activity requirements outlined by FXCC terms and conditions. It's important to note that inactivity fees are not unique to online trading accounts, as many financial service companies may also charge them.
Make sure you're fully aware of all FXCC fees and services. It's recommended that you check the FXCC website before signing up. If you decide to close your FXCC account, it's important to do so with the FXCC broker customer support and obtain confirmation that no remaining FXCC fees are due.
Brokers like FXCC must disclose any inactivity fees as part of their regulations. The type of account and broker you sign up for, will determine whether or not you can be charged an inactivity fee under certain circumstances.
Certain brokers may levy inactivity fees to recoup the expenses associated with sustaining your account on their trading platforms when there is a shortage of commission fees earned from your trading activities.
FXCC Deposit Fees
FXCC does not charge deposit fees. Although bank / 3rd party merchant fees may apply.
Reviewing deposit fees before initiating a transaction is imperative, as certain brokers might impose a charge for depositing funds from your payment method to your trading account. The payment method employed for funding your account might also incur a fee.
Depositing funds into your trading account may incur a fee, which could vary depending on the fiat currency used. For instance, depositing funds from a credit card can attract high fees. Additionally, not all brokers accept credit card payments for account funding. It's crucial to review the funding options and associated fees the broker provides before depositing any funds.
FXCC Commission Fees
FXCC does charge commission on CFD instruments.
Brokerage firms like FXCC may charge commission fees as compensation for executing trades on behalf of traders on their trading platforms. Commission fees can vary depending on the type of financial asset being traded and the FXCC trading account level held by the trader.
FXCC may charge commission fees for fulfilling, modifying, or canceling an order on behalf of its clients. However, if a market order is not fulfilled, no commission fee is usually charged. Reviewing FXCC terms and conditions to understand the commission fees and any other charges that may apply is essential.
FXCC review
What can you trade with FXCC?
It's essential to note that the trading instruments offered under the FXCC brand may vary depending on the customer account holder and country of residence due to regulatory restrictions. Besides, the trading platform the customer selects may also impact the available trading instruments. Therefore, before trading, verify the FXCC trading instruments available and the regulations governing them based on your account holder, location, and chosen platform.
You can trade a wide variety of instruments with FXCC over 200 instruments in fact.
If you want to trade currency pairs on global Forex markets, FXCC offer over currency pairs.
FXCC Compared To Other Brokers
Compare FXCC with IC Markets and Roboforex below.
How FXCC Trading Options Compare Against Other Brokers
Broker | fxcc | IC Markets | Roboforex | eToro |
---|---|---|---|---|
Instruments Available | 200 | 2250 | 12000 | 6000 |
Platforms | MT4, Desktop, Mobile Apps, Android (Google Play), iOS (App Store), MultiTerminal, Multi Account Manager | MT5, MT4, MetaTrader WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), MetaTrader iPhone/iPad, MetaTrader Android Google Play, MetaTrader Mac, cTrader, cTrader Web, cTrader iPhone/iPad, cTrader iMac, cTrader Android Google Play, cTrader Automate, cTrader Copy Trading, TradingView, Virtual Private Server, Trading Servers, MT4 Advanced Trading Tools, IC Insights, Trading Central | MT4, MT5, R Mobile Trader, R StocksTrader, WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), Windows | eToro Trading App, Mobile Apps, iOS (App Store), Android (Google Play), CopyTrading, Web |
FX / Currencies | ||||
Forex pairs offered | 61 | 35 | 50 | |
Major Forex pairs | Yes | Yes | Yes | Yes |
Minor Forex pairs | No | Yes | Yes | Yes |
Exotic Forex pairs | No | Yes | Yes | Yes |
Cryptocurrencies (availability subject to regulation) | No | Yes | No | Yes |
Commodity CFDs | ||||
Commodities Offered | 0 | 20 | 21 | 31 |
Metals | Yes | Yes | Yes | Yes |
Energies | Yes | Yes | No | Yes |
Agricultural | Yes | Yes | No | Yes |
Indiced & Stock CFDs | ||||
Stocks Offered | 2100 | 0 | 2042 | |
UK Shares | Yes | Yes | Yes | Yes |
US Shares | No | Yes | Yes | Yes |
German Shares | No | Yes | Yes | Yes |
Japanese Shares | No | Yes | Yes | Yes |
Risk Warning |
Visit FXCC
Your capital is at risk |
Visit IC Markets
Losses can exceed deposits |
Visit Roboforex
Losses can exceed deposits |
Visit eToro
51% of retail investor accounts lose money when trading CFDs with this provider. |
FXCC review
Trading on FXCC web platforms and other applications
FXCC offer the popular MT4 forex trading platform. To see a list of the top MT4 brokers, see our comparison of MT4 brokers.
FXCC also offer mobile apps for Android and iOS trading apps help you stay on top of your trades and execute them on the go.
See FXCC's platformsIs the FXCC Trading Platform Secure?
You should take the security of your personal information seriously and check SSL encryption is enabled on the FXCC trading platform to protect you on PC and mobile FXCC platforms. To further enhance security, we encourage traders to always look for the lock sign on their browser when using FXCC web trading platforms.
FXCC Trading Platform Options
After logging into your FXCC account, you'll find a range of trading platform options available below.
- MetaTrader 4 (MT4)
Please be aware that FXCC does not currently support the MetaTrader 5 (MT5) trading platform. However, if you're looking for a broker that does offer MT5, you can check out our list of recommended brokers available through the provided link.
FXCC does not support the cTrader trading platform. However, if you're looking for a broker that does offer cTrader, you can explore other options available through the provided link.
Let's explore each of these trading platforms in detail and what options FXCC gives you.
FXCC review
FXCC MetaTrader 4 (MT4)
FXCC MetaTrader 4 (MT4) In Detail
MetaTrader 4, commonly known as MT4, has been a well-known and widely used trading platform in the financial markets since its inception in 2005. MT4 on FXCC offers traders comprehensive features and tools to enhance their trading performance. The FXCC MT4 user-friendly interface and highly customizable trading environment allow traders to tailor the FXCC platform to their needs. One of the standout features of MT4 is its charting functionality, which allows FXCC traders to analyze price movements and make informed trading decisions. Additionally, advanced order management tools give FXCC traders greater control over their trades, allowing them to manage risk better and optimize their trading strategies on the MT4 FXCC trading platform.
MetaTrader 4 (MT4) was created mainly for Forex trading, but it can also facilitate the trading of other financial instruments via CFDs and Spread Betting. You cannot trade real assets like stocks, shares, commodities, indices and ETF's on the FXCC MetaTrader 4 (MT4) trading platform. MT4 is a platform available with FXCC, that facilitates trading financial instruments in the form of CFD contracts or Spread bets. The FXCC MT4 platform does not provide access to physical assets such as stocks, commodities, or ETFs for trading. FXCC allows trading CFDs and Spread bets, which do not involve owning underlying assets but speculating on price movements, using high risk leverage. To gain more information about the MT4 Platform, click here.
You can start using the MetaTrader 4 platform with FXCC in multiple formats including through an online web platform, Through a downloadable application for Windows PCs and Apple Macintosh computers. FXCC MetaTrader 4 is compatible with the latest macOS. FXCC allows traders to trade on mobile devices through Android and iOS devices like the iPhone.
Metatrader 4 Webtrader on FXCC
MetaTrader 4 (MT4) is a widely used trading platform in the world, offering a range of advanced tools and features. Recently, MT4 has been made available as a web-based application through a web browser, enabling traders to access the platform from anywhere.
The web version of MT4 provides the same user-friendly interface and customizable trading environment as the desktop version. With MT4 web, traders can access advanced charting tools, online trading indicators, and a Dealing Desk-free trading environment.
Additionally, traders can enjoy Raw Pricing without any intervention from brokers. Overall, MT4 web is a convenient and efficient way for traders to access the platform and manage their trades.
Trade FXCC MetaTrader 4 on iOS Devices
You can download the FXCC app or trade with FXCC through the MetaTrader 4 application on the Apple app store.
Download the Metaquotes MetaTrader 4 Program free of charge from Apple's App Store. FXCC customers have instant access to the financial market and can completely manage a Portfolio on the go.
Trade FXCC MetaTrader 4 on Android Devices
Millions of people worldwide use Android mobile devices and tablets, and FXCC offers its clients access to the MetaTrader 4 platform on these devices. With the FXCC MetaTrader 4 Android application, traders can monitor the financial markets and execute trades directly from their Android-based smartphones and tablets. This app provides access to a range of advanced trading features, allowing FXCC traders to stay on top of their trades and react quickly to changes in the market. With the FXCC MetaTrader 4 Android app, traders can securely manage their trades on the go, making it a convenient and efficient way to stay connected to the market.
Trade FXCC MetaTrader 4 Trading Central
Trading Centrals Alpha Generation Indicators available on FXCC are a powerful bundle of three major indicators designed to help traders make informed decisions. FXCC MT4 Trading Central indicators include:
- Analyst Perspectives - A valuable resource for traders seeking leadership insights and key levels.
- Adaptive Candlesticks - This indicator is capable of identifying chart patterns that highlight significant changes in demand and supply.
- Adaptive Divergence Convergence (ADC) - Similar to MACD, but with greater utility at shorter lengths, this indicator provides more timely signals.
Trading Centrals Alpha Generation Indicators can help FXCC traders better understand market trends and patterns, enabling them to make more informed trading decisions. These indicators can provide valuable insights into market movements, allowing FXCC traders to potentially stay one step ahead.
FXCC MetaTrader 4 Advanced Trading Tools
The FXCC MetaTrader 4 trading platform has advanced tools that enhance the overall trading experience and give FXCC traders detailed market tools. With feature-rich trade execution and management programs, sophisticated notification alarms, messaging facilities, innovative market data, and more, FXCC provides traders with everything they need to succeed. The FXCC MT4 platform also includes a range of technical analysis tools, with 30 indicators built in, 2000 plus free indicators, and the availability of paid indicators, allowing FXCC traders to analyze the market at any level of complexity.
Trade FXCC MetaTrader 4 MultiTerminal
MetaTrader 4 MultiTerminal offers traders an intuitive and user-friendly dashboard to manage and monitor multiple trading accounts. This powerful tool allows traders to oversee over 128 accounts simultaneously, enabling them to place market and pending orders, view real-time market prices, and track all accounts and equity in real-time.
It's important to note that MultiTerminal only supports trading accounts on the same MetaTrader server and doesn't allow automated trading scripts such as Expert Advisors.
This tool is ideal for traders who manage several accounts simultaneously and require a more efficient and effective way to track and execute trades. You can have up to 10 demo accounts on MetaTrader 4 MultiTerminal.
FXCC MetaTrader 4 AutoChartist
Autochartist on the FXCC platform is a powerful tool designed to help traders find trading opportunities quickly and easily.
Available for FXCC MetaTrader 4 Autochartist can scan the market using an expert advisor script.
With Autochartist, FXCC traders can scan multiple markets and timeframes from a single graph, making it easy to keep track of all their preferred symbols without launching multiple graphs. Using Autochartist can save FXCC users time and makes the trading process more efficient.
The Autochartist interface is user-friendly and can be customized to suit individual trading preferences. FXCC traders can navigate the platform and find the information they need to make informed trading decisions.
FXCC Autochartist is a valuable tool for traders who want to stay ahead of the curve and identify trading opportunities quickly and easily. With its powerful features and easy-to-use interface, Autochartist is an essential tool for FXCC traders of all experience levels.
FXCC Trading benefits
- FXCC Allows scalping
- FXCC Offers STP
- FXCC Low min deposit
- FXCC Offers Negative Balance Protection
FXCC Trading Accounts Offered
Below we give an overview of the account types that FXCC offer. Whatever you are looking to trade, the varying FXCC account types will be able to provide you with what you need.
- FXCC Demo account
- FXCC Standard account
- FXCC ECN account
- FXCC STP account
- FXCC Islamic account
Can I try FXCC?
FXCC provides a demo account that enables individuals to explore trading before investing their funds. By creating a FXCC practice account, users can gain experience and knowledge of how to trade effectively. Demo trading accounts like the FXCC demo account can help individuals to make informed decisions before investing their money.
Open a demo FXCC account to practice and trade.
Your capital is at risk
FXCC withdrawal and funding methods
It's essential to remember that the payment methods provided by FXCC vary based on the FXCC entity and the FXCC client's country of residence. To view the FXCC payment options available, you can log into your FXCC member's area.
FXCC offers various funding payment methods listed in your FXCC dashboard if available in your region. To learn more about the FXCC funding and withdrawal options available in your area, you can explore the FXCC website.
FXCC provides several payment methods for funding your FXCC account. You may utilize any of these deposit options if they are available in your region. FXCC ensures that users have multiple payment methods to choose from, making it more convenient for verified FXCC account holders to add funds to their accounts. However, it's important to note that the availability of payment methods may vary depending on the FXCC user's location. learn more about FXCC funding and withdrawal methods.FXCC Payment Methods
Some FXCC payment methods are local and are available only to specific regions. FXCC account holders should check which payment methods are provided in your region.- FXCC accepts Bank Wire Transfers
- FXCC accepts Credit Cards
- FXCC accepts Debit Cards
- FXCC accepts VISA
- FXCC accepts MasterCard
- FXCC accepts Sofort
- FXCC accepts Rapid Transfer
- FXCC accepts PaysafeCard
- FXCC accepts Neteller
- FXCC accepts Skrill
- FXCC accepts Netbanx Asia
- FXCC accepts CASHU
- FXCC accepts Neosurf
Broker | fxcc | IC Markets | Roboforex | eToro |
---|---|---|---|---|
Bank transfer | Yes | Yes | Yes | Yes |
Credit Cards | Yes | Yes | No | Yes |
Paypal | No | Yes | No | Yes |
Skrill | Yes | Yes | Yes | Yes |
Payoneer | No | No | No | No |
Neteller | Yes | Yes | Yes | Yes |
*please note available FXCC and other broker payment methods depend on the clients country of residence.
How can I start trading with FXCC?
To open a trading account with FXCC, individuals can sign up on the FXCC website. Upon completing the signup process, users will receive login details via email, which they can use to access their accounts.
The next step involves submitting identification documents for FXCC account validation and making a deposit. Once completed, FXCC users can download the trading platform of their choice.
It's important to note that FXCC requires users to provide essential documentation to verify their identity during onboarding and routine KYC identity checks. These checks are a standard practice that helps FXCC maintain a trustworthy financial environment for its 10,000 users. Detailed information on the FXCC trading platforms is available on their website.
Your capital is at risk
Performing trades with FXCC
When using FXCC, the minimum trade size is typically varies units of the base currency of the instrument being traded. However, this amount may vary based on the specific account a user has opened. FXCC have a max trade of varies. With the ECN and STP execution methods offered by the platform, traders using FXCC can enjoy tighter spreads and greater transparency when it comes to the pricing of their trades.
Like other brokers, FXCC margin requirements can differ depending on the traded instrument.
CFD Trading on FXCC
We will show you an example of the basics of using FXCC leverage.
CFD trading on FXCC allows traders to speculate on the price movements of various financial instruments against the broker FXCC, without actually owning real assets. With CFDs, FXCC traders can profit from upward and downward price movements by going long (buying) or short (selling) on an asset.
FXCC provides CFDs which are leveraged products. For this example, let's assume a ten times leverage. So, if you have a $10,000 position, you only need to tie up $1,000 or a tenth of the value in your account. With high-risk leverage, a small sum controls a much bigger financial position.
The effect of leverage on profits and losses magnifies them in both directions. In other words, FXCC leverage profits and losses are magnified when trading. For instance, using CFDs, you use the FXCC trading platform to buy/sell $10,000 worth of Apple Computer Inc. If the stock rises by 10% due to positive results, your position is now worth $11,000, representing a $1,000 or 10% increase in value. This CFD trade has a 100% increase in the funds initially committed.
On the other hand, if Apple Computer Inc falls by 10%, your position worth $10,000 is now worth only $9,000, representing a $1,000 decrease. Therefore, FXCC leverage magnifies both profits and losses in trading.
Trading CFD trades on the FXCC platform can provide more flexibility than traditional market trades, allowing access to CFD fractional shares, international markets, and short selling. They are commonly used for short to medium-term trades, such as intraday CFD trading, but are high-risk due to their separation from the financial markets.
Experienced FXCC traders can trade high risk CFD trades to hedge items in their portfolio.
Always be aware that CFDs are complex instruments with a high risk of losing money rapidly due to leverage. Your capital is at risk
Limiting Your Risk When Trading with FXCC Negative Balance Protection
Negative balance protection is important for traders using leverage on platforms like FXCC. In an unfavourable market move, leverage can result in a loss that exceeds the trader's account balance, leaving them with a negative account balance. If a FXCC trading position does not go in your favour, this is where negative balance protection comes in handy.
Brokers regulated by the Financial Conduct Authority (FCA) must offer negative balance protection as a standard feature. With negative balance protection, FXCC trading losses are always limited to the current balance of funds in the trader's account.
Even if an FXCC trader experiences a significant loss, they will never owe more money than what is available in their FXCC account balance.
It's important for FXCC traders to understand the potential risks of trading with leverage and to take advantage of features like negative balance protection to mitigate those risks. By doing so, traders can trade with peace of mind, knowing that FXCC losses are limited to the funds available in your FXCC account when negative balance protection is in place.
Education Resources at FXCC
FXCC offer educational resources which include Blogs, Market Analysois. Please bear in mind that these resources provided by FXCC do not guarantee any results when trading. When we checked on the FXCC website, these educational resources were not available in every language. Also some financial instruments mentioned in any FXCC educational resources may not be available in your region.
To trade effectively with FXCC, it's important to have a good understanding of the FXCC trading tools and the markets. Make sure you make full use of all education tools. Including educational tools with FXCC and externally.
FXCC . It's essential to take the time to learn about the financial markets and understand how they move before diving into trading with FXCC. Familiarizing yourself with the FXCC trading platform is crucial to use it effectively.
While learning, you can also use global trading times to practice making live buy or sell trades using FXCC. This hands-on experience can help you gain confidence and become more comfortable with trading.
Furthermore, learning how to mitigate and manage investment risk is crucial. Trading with FXCC involves developing a strategy considering risk management techniques such as stop-loss orders, diversification, and position sizing. By effectively managing risk, you can increase your chances of success in the markets.
Learning about the financial markets, trading platforms like FXCC, and risk management techniques can help you become a more confident and successful trader.
Take an analytical approach to trading with FXCC. Explore the FXCC platform and train yourself to think systematically and logically about the markets.
While it may be a new skill set for some, it is what the market requires for success. Developing your trading skills with FXCC, before live trading.
Customer Support at FXCC
As part of our FXCC review, we review customer service options, response times and problem resolution effectiveness on the FXCC trading platform. The FXCC trading platform supports multiple languages, which includes English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian.
FXCC Available Support Types
Based on our experience, we have given FXCC a D grade for customer support. We encountered some slow response times or FXCC queries that were left unanswered.
Compared to other brokers, FXCC offers fewer customer support features. They do not provide live chat support, and their phone and email support can also be slow.
email support and supports a limited amount of Languages. Live chat support supports a limited amount of Languages. Phone support supports a limited amount of Languages.Livechat Support at FXCC
Our team tested the live chat support of FXCC and found it to be satisfactory. While we received a response within 25 minutes on most occasions, there were instances where we did not receive a response at all.
In addition, we tested FXCC support services in various countries and languages and found that FXCC were able to effectively resolve our customer issues.
Email Support at FXCC
We tested the email support of FXCC by sending 25 emails simultaneously, and our experience was mixed. While the answer times were generally excellent, with the fastest response being 3 hours, the slowest response was 6 days. We also encountered some instances where we did not receive any FXCC response.
The FXCC team did resolve and answer our queries, but the email support from FXCC was overall average compared to other brokers we have tested.
Phone Support at FXCC
We contacted FXCC via phone and received quick assistance within 10 minutes of our call.
The FXCC phone support team proved to be helpful and able to resolve our queries and issues over the phone. We also tested the multilingual support provided by FXCC and found that they could assist us in various languages.
While we found the FXCC phone support satisfactory, there is room for improvement in response time.
See how FXCC Support Compares Against Other Brokers
Broker | fxcc | IC Markets | Roboforex | eToro |
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Languages | English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian | English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more | English, Chinese Simplified, Chinese Traditional, Indonesian, Malaysian, Portuguese, Spanish, Italian, Polish, Arabic, Thai, Russian, and Ukrainian | English, German, Spanish, French, Italian |
Learn More | Visit FXCC | Visit IC Markets | Visit Roboforex | Visit eToro |
Risk Warning | Your capital is at risk | Losses can exceed deposits | Losses can exceed deposits | 51% of retail investor accounts lose money when trading CFDs with this provider. |
What you will need to open an account with FXCC
As FXCC is regulated by MISA (Mwali International Services Authorities) (BFX2024085), Saint Vincent and the Grenadines (2726 LLC 2022), CySEC (Cyprus Securities and Exchange Commission) (121/10).
As a new client of FXCC, you will be required to pass a few basic compliance checks to ensure that you fully understand the risks involved in trading and are permitted to trade with FXCC in your region. During the FXCC account opening process, you will be asked to provide FXCC with certain documents, including a scanned copy of your passport, driving license or national ID, as well as a utility bill or bank statement from the past three months to verify your address.
When registering with FXCC have the following documents available.
- FXCC require a scanned colour copy of your passport, driver's license or national ID card.
- A recent utility bill or bank statement that confirms your residential address for FXCC compliance. This must be dated within the last six months.
- If you plan to fund your FXCC account using a credit or debit card, you will need to provide a scanned copy of the front and back of your card. You can mask any sensitive information like the CVV code on the FXCC platform.
It's worth noting that the expiration date of the proof of address document may differ for different entities under FXCC Brand. Additionally, you will need to answer some basic compliance questions to confirm your level of trading experience. This process usually takes around 5 minutes, and once you've passed compliance, you can start exploring FXCC's platform.
However, remember that you won't be able to make trades on FXCC until you have passed compliance, which may take several days, depending on your circumstances. It's essential to complete the FXCC KYC compliance process as soon as possible to avoid any delays in accessing the FXCC platform's features.
It is important to note that FXCC may request additional documents or information to verify your identity or comply with regulations. The account opening process usually takes a few minutes to complete, and you can start exploring the FXCC platform and features immediately. However, you must pass the verification process to start live trading with FXCC, which can take up to a few business days.
To start the process of opening an account with FXCC you can visit the FXCC trading platform here.
Your capital is at risk
You should consider whether you can afford to take the high risk of losing your money.
CFDs are leveraged products and can result in significant losses, excess of your invested capital. All trading involves risk. Only risk capital you're prepared to lose. Past performance does not guarantee future results.
This post is for educational purposes and should not be considered investment advice. All information collected from https://www.fxcc.com/ on November 18, 2024.
Watch this FXCC Explainer Video
Is FXCC A Good Broker?
We have spent over 5 years examining FXCC in depth. Although we found some very useful aspects of the FXCC platform that would be useful to some traders. We feel that a alternative to FXCC may better suit you.
- FXCC have a good track record of offering Forex trading, CFD trading, Share Dealing.
- FXCC has a history of over 16 years.
- FXCC has a reasonable sized customer support of at least 10.
- FXCC are regulated by the MISA (Mwali International Services Authorities) (BFX2024085), Saint Vincent and the Grenadines (2726 LLC 2022), CySEC (Cyprus Securities and Exchange Commission) (121/10). FXCC is subject to strict regulatory oversight from its respective jurisdiction, which holds FXCC (the broker) accountable for misconduct. This regulatory framework helps ensure that FXCC operates fairly and transparently and provides FXCC customers with a safe and secure trading environment. In any disputes, the regulatory body may also act as an arbitrator to help resolve issue between you and FXCC.
- FXCC have regulation from reputable regulators.
- One of the advantages of using FXCC is the quick processing time for deposits and withdrawals, which typically takes only 2 to 3 days. Fast withdrawals from FXCC are particularly important as FXCC traders want to receive their money quickly. With the efficient FXCC payment processing system, traders can enjoy faster access to their FXCC funds.
- FXCC have an international presence in multiple countries. Including local FXCC seminars and training.
- FXCC can hire people from various locations in the world who can better communicate in your local language.
FXCC Risk Disclosure
Your capital is at risk
Trading Risk Disclaimer
Trading financial instruments such as cryptocurrency and foreign currency markets involves high risk and is unsuitable for everyone. When trading on leverage, the potential for loss is significantly higher than when dealing with just your funds. Risky trading leverage allows you to control larger positions with less capital, increasing both the potential for profit and loss.
You will be exposed to a high risk of loss regarding leverage and margin-based trading.
Furthermore, some off-exchange financial instruments and derivatives may offer varying leverage levels and may not be subject to the same regulatory protections as exchange-traded instruments. As a result, they may be subject to higher levels of market volatility and carry a higher degree of risk.
It is important to note that no investment product, technique, or strategy can guarantee profits, and past performance does not necessarily indicate future results. Any investment involves the possibility of financial loss, and it is important to carefully consider your investment objectives, risk tolerance, and financial situation before making any investment decisions.
Trading financial instruments is a high-risk activity that requires careful consideration and risk management. It is important to be aware of the potential for loss and to only invest what you can afford to lose.
FXCC not quite right?
If after reading this FXCC review, FXCC does not fulfill your needs check out these FXCC Alternatives.
Click here to view the best FXCC Alternatives
We have spent years researching the best alternatives to FXCC. Click the links below to learn more.
After extensive research over several years, we have compiled a list of the most effective FXCC alternatives available today. If you are unsatisfied with FXCC or want to explore other options, we recommend checking out our carefully curated list of highly-rated FXCC alternatives. Follow the links below to learn more about these FXCC broker alternatives and choose the one that best suits your trading needs.
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Related FXCC Vs Comparisons
Throughout our comprehensive FXCC review, we have covered a lot of ground and provided an in-depth analysis of the platform's features and functionality.
If you're interested in comparing FXCC against other popular brokers in the industry, check out our FXCC Vs pages. Our team has compiled a series of detailed FXCC comparison articles, pitting the FXCC platform against some of the best-rated FXCC competitors in the market. Dive into our informative FXCC Vs pages below to find out how FXCC stacks up against other leading brokers.
- FXCC vs ICMarkets
- FXCC vs Roboforex
- FXCC vs eToro
- FXCC vs XTB
- FXCC vs XM
- FXCC vs Pepperstone
- FXCC vs AvaTrade
- FXCC vs FPMarkets
- FXCC vs easyMarkets
- FXCC vs SpreadEx
- FXCC vs FxPro
- FXCC vs AdmiralMarkets
- FXCC vs ThinkMarkets
- FXCC vs FXPrimus
- FXCC vs Trading212
- FXCC vs ForexMart
- FXCC vs Eightcap
- FXCC vs ForTrade
- FXCC vs InteractiveBrokers
- FXCC vs Forex.com
- FXCC vs IG
- FXCC vs Robinhood
- FXCC vs Coinbase
- FXCC vs Binance
- FXCC vs Oanda
- FXCC vs CMCMarkets
- FXCC vs HargreavesLansdown
- FXCC vs Ayondo
FXCC review
FXCC Frequently Asked Questions
Read our detailed FXCC FAQ Section updated for 2025.
Can I try FXCC?
FXCC offer a demo account so you can try the FXCC platform with virtual trading before you put down a payment. Virtual trading with FXCC is zero risk. Learn more here
What funding methods do FXCC accept?
Please note that the list of payment methods below depends on the FXCC Entity and the client's Country of Residence.
FXCC offer the following funding payment methods Bank Wire Transfers, Credit Cards, Debit Cards, VISA, MasterCard, Sofort, Rapid Transfer, PaysafeCard, Neteller, Skrill, Netbanx Asia, CASHU, Neosurf, among other payment methods.
Learn more here
Is FXCC safe?
FXCC have over 10,000 users. FXCC are considered reliable as they are regulated by and checked for conduct by the MISA (Mwali International Services Authorities) (BFX2024085), Saint Vincent and the Grenadines (2726 LLC 2022), CySEC (Cyprus Securities and Exchange Commission) (121/10). Any payments funded to FXCC accounts by traders are held in a segregated bank account. For added security,FXCC use tier-1 banks for this. Tier 1 is the official measure of a bank's financial health and strength.Trading with FXCC is risky, and because the market is so volatile, losses could happen at any time. Do not invest with FXCC unless you are prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong.
Your capital is at risk
Is FXCC trading good?
FXCC is considered good and reputable to trade with FXCC. FXCC is used by over 10,000 traders and FXCC users. FXCC offers Forex trading, CFD trading, and Share Dealing trading. Minimum deposit with FXCC is 0.
Is FXCC trading Legit?
FXCC was founded in Cyprus in 2008. FXCC has been facilitating trade on the financial markets for over 16 years. FXCC offers clients Forex trading, CFD trading, and Share Dealing trading. All funds deposited to FXCC are held in segregated bank accounts for security. FXCC is regulated by MISA (Mwali International Services Authorities) (BFX2024085), Saint Vincent and the Grenadines (2726 LLC 2022), CySEC (Cyprus Securities and Exchange Commission) (121/10) so can be considered legit.
Is FXCC a good broker?
FXCC allows Forex trading, CFD trading, and Share Dealing trading. FXCC is overseen by the top tier financial regulators MISA (Mwali International Services Authorities) (BFX2024085), Saint Vincent and the Grenadines (2726 LLC 2022), CySEC (Cyprus Securities and Exchange Commission) (121/10) so can be considered a good broker.
Is FXCC trustworthy broker?
FXCC is a reliable platform that can be considered trustworthy due to its strict regulatory practices. When you fund money to FXCC, money is in a segregated bank account that is separate from FXCC company's funds. As a regulated broker, FXCC cannot directly access your funds, which minimizes the risk of misappropriation or fraudulent activity by FXCC. Instead, your FXCC funds are held securely in a separate account designated for your investments, providing protection and peace of mind when trading with FXCC. Also FXCC is regulated in its local jurisdictions including major financial regulators like MISA (Mwali International Services Authorities) (BFX2024085), Saint Vincent and the Grenadines (2726 LLC 2022), CySEC (Cyprus Securities and Exchange Commission) (121/10).
What is the minimum deposit for FXCC?
The minimum deposit to trade with FXCC is 0.
How long do FXCC withdrawals take?
Withdrawing money from FXCC processing time varies depending on the method but averages 1-5 days.
Is FXCC regulated?
FXCC is regulated by the MISA (Mwali International Services Authorities) (BFX2024085), Saint Vincent and the Grenadines (2726 LLC 2022), CySEC (Cyprus Securities and Exchange Commission) (121/10). Regulatory bodies conduct regular reviews and audits as part of FXCC maintaining their regulatory status. You can learn more about these reviews on the regulator websites.
Is FXCC a market maker?
FXCC is a market maker. Stocks, currency and other commodities and instruments will be brought or sold by FXCC even if no buyer or seller is lined up.
How can I start trading with FXCC?
When opening a trading account with FXCC, you will need to sign up here. After completing the necessary steps of receiving login details via email, submitting identification documents for account validation, and making a deposit, the next step is downloading the preferred trading platform. For detailed guidance on FXCC trading platforms, you can follow the link provided below: Learn more about signing up with the FXCC trading platform here. This will provide useful information and insights into the various trading platforms offered by FXCC, enabling you to make an informed decision about which platform to choose for your trading needs.
Is my money safe with FXCC?
Yes your money is safe with FXCC.
Overall, strict financial regulation is essential for ensuring that trading platforms like FXCC operate fairly, transparently, and responsibly, which ultimately benefits all FXCC stakeholders involved.
Trading platforms like FXCC must have strict financial regulation for several reasons:
- Protecting FXCC Investors: Strict financial regulation ensures that investors who use the FXCC trading platform are protected against fraudulent or unethical behavior by the FXCC platform or its employees. Financial regulation can help to prevent investors from losing their money due to dishonest practices by the FXCC platform.
- Maintaining FXCC Financial Stability: Strict regulation helps maintain the financial system's stability by preventing excessive risk-taking when using the FXCC trading platform. Regulatory procedures reduce the likelihood of the FXCC platform experiencing financial difficulties or failing, which could have ripple effects throughout the financial system.
- Enhancing FXCC Transparency: Regulations require trading platforms like FXCC to maintain detailed records and disclose FXCC client information. Financial regulatory requirements enhances transparency and helps to build trust between the FXCC platform and its investors.
FXCC is regulated by the MISA (Mwali International Services Authorities) (BFX2024085), Saint Vincent and the Grenadines (2726 LLC 2022), CySEC (Cyprus Securities and Exchange Commission) (121/10). When selecting a broker such as FXCC, one of the most critical factors to consider is the broker's regulatory body and regulatory status. Unregulated brokers pose a direct risk to the security of their client's funds, as they operate without any oversight or regulation. In contrast, regulated brokers are subject to strict rules and regulations that prevent them from manipulating market prices or engaging in fraudulent activities. As a reputable broker, FXCC ensures that withdrawal requests are processed promptly, demonstrating its commitment to transparency and accountability. However, brokers that violate regulatory rules can face the consequences such as losing their regulatory status in specific regions, highlighting the importance of working with a trusted, regulated broker for your trading needs like FXCC.
Is FXCC a con?
FXCC is regulated and well established, having been in business for over 16 years. FXCC is not a con.
Can you make money with FXCC?
Although traders have had great success with FXCC, trading on the financial markets with FXCC is not a get-rich scheme. If you educate yourself, practise with a demo account and carefully plan your trading, your chance of success will greatly increase. Never trade with money you cannot afford to lose. Your capital is at risk.
Does FXCC have fees?
FXCC doesn't charge withdrawal fees. FXCC does charge a fee for inactive accounts. FXCC doesn't charge deposit fees.
When was FXCC founded?
FXCC was founded in 2008.
How many people use FXCC?
FXCC is used by over 10,000 registered FXCC users.
What is FXCC Headquarters country?
FXCC has its head quarters office in Cyprus .
Does FXCC offer negative balance protection?
FXCC offers negative balance protection. With Negative balance protection, traders cannot lose more money than they have deposited.
Does FXCC offer guaranteed stop loss?
FXCC does not offer guaranteed stop loss. With guaranteed stop loss protection, risk is managed. Traders are guaranteed to close your trade at your specified price. Stop Loss orders are guaranteed only during market hours and under normal trading conditions.
Does FXCC allow scalping?
FXCC offers scalping.
Does FXCC allow hedging?
FXCC does not offer hedging.
Does FXCC offer CFD trading?
FXCC offers CFD trading.
Does FXCC offer STP?
FXCC offers STP trading.
How many people use FXCC?
FXCC is used by over 10000 FXCC users and traders.
Is FXCC an ECN broker?
FXCC offers ECN trading.
Does FXCC offer a demo account?
FXCC offers a demo account.
Does FXCC offer an Islamic account?
FXCC offers an Islamic account.
What are the funding methods for FXCC?
Please note that funding methods and options available with FXCC can be found in the FXCC Members area and depend on the FXCC client’s country of residence. Please check your specific available payment methods on the FXCC website. FXCC accept the following funding methods : Bank Wire Transfers, Credit Cards, Debit Cards, VISA, MasterCard, Sofort, Rapid Transfer, PaysafeCard, Neteller, Skrill, Netbanx Asia, CASHU, Neosurf.