FXCL Markets Rated 3/5 ★★★☆☆
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FXCL Markets Guide - Read our In Depth 2025 FXCL Markets Review

This detailed FXCL Markets review has been researched and fact checked by industry experts with over 30 years of financial experience in Forex trading, Spread Betting, Social trading, Share Dealing.

Learn more about FXCL Markets.

Benefits of Trading with FXCL Markets

FXCL Markets Review 2025 Quick Summary
💰 Min Deposit 1
👱‍♂️ Used By 10,000 FXCL Markets users and traders
📆 Founded 2008
🌍 HQ Saint Vincent and the Grenadines.
👮‍♂️ Regulation Unregulated, Registered in Botswana (UIN BW00005716042)
🚫 Excluded Countries FXCL Markets is not available in the following countries :

Open FXCL Markets's Website

Your capital is at risk

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What is FXCL Markets?

FXCL Markets are a worldwide financial trading platform and broker. founded in 2008

Over 16 years later FXCL Markets now serves over 10,000 retail investors Forex trading, Spread Betting trading, Social trading, and Share Dealing trading.

FXCL Markets are a global broker. FXCL Markets have a head office in Saint Vincent and the Grenadines..

When trading in the financial markets, finding a broker that meets your needs can be very time-consuming.

We will dive deep in this FXCL Markets review and assess how well the FXCL Markets platform functions in its role as an international multi asset trading platform for traders in 2024.

Visiting many broker websites, all of which have different language uses. Technical language and terminology can be confusing with brokers like FXCL Markets. Choosing or shortlisting a trading platform like FXCL Markets can be time consuming. Choosing a trading platform requires a significant amount of research and analysis. It can be challenging to understand each platform's various features and benefits, especially with a complex trading platform like FXCL Markets.

As a result, selecting the right trading platform like FXCL Markets requires a deep understanding of the market, trading strategies, and platform functionality. The task becomes even more daunting when considering the vast number of online brokers like FXCL Markets available, each with unique features, fees, and regulations.

In such a complex landscape, finding a reliable and trustworthy broker like FXCL Markets requires thorough due diligence and careful consideration. Some FXCL Markets trading features can be complex when trading on mobile or using the FXCL Markets online trading platform. Beginners and inexperienced traders must take the time to learn how to use the FXCL Markets trading tools properly. In our review of FXCL Markets we explain the pros and cons. What FXCL Markets offer, countries FXCL Markets are available in. Who FXCL Markets are regulated by and more.

FXCL Markets Review Screenshot

When it comes to online trading with brokers like FXCL Markets, carefully review FXCL Markets as your broker can make or break your success. Choosing the right broker is essential to ensure your FXCL Markets investments grow and flourish. However, beware of fake and unreliable brokers lurking in the shadows, waiting to take advantage of unsuspecting traders.

You must be diligent and thorough in your FXCL Markets review selection process to safeguard your hard-earned money. It's crucial to do your due diligence and research the reputation, track record and trust worthyness of FXCL Markets. You must also ensure the FXCL Markets broker's profile, trading tools, fees and regulation aligns with your needs and goals.

Remember, FXCL Markets needs to be your partner in your trading journey.

Our team has endeavored to break down the complex world of trading with FXCL Markets into easily digestible information in this FXCL Markets review. We want to ensure you have all the knowledge necessary to use the FXCL Markets trading tools confidently, from depositing and withdrawing funds to executing trades.

We understand that informed decisions with FXCL Markets are the key to successful trading, so we've provided this detailed FXCL Markets review. So, take a seat, grab a cup of coffee, and dive in to learn about FXCL Markets and how it can benefit you or if FXCL Markets is not for you.

Online investing with FXCL Markets can be just as risky as traditional offline investments. Therefore, conducting thorough research on the company you plan to invest with is crucial. If considering trading financial assets with FXCL Markets, evaluating the FXCL Markets platform is important. Evaluation includes researching the FXCL Markets management team, track record, and services.

As a trader, you should feel confident that your financial investments are in good hands with FXCL Markets. That's why it's essential to understand the FXCL Markets company policies and practices before making any investment decisions. By doing your due diligence and understanding FXCL Markets platform, you can make informed investment choices that align with your financial goals. So take the time to research FXCL Markets thoroughly and make the most of your online investing experience.

We aim to provide you with all the information in this FXCL Markets review you need to determine if FXCL Markets is the right fit for you. But we don't stop there - we also offer valuable insights into other great alternatives to FXCL Markets, so you can make a more informed decision and compare other brokers against FXCL Markets.

If you want to look at some FXCL Markets alternatives that might better fit your needs, we list and compare some of the best FXCL Markets alternatives further down this FXCL Markets review.

Trading online with FXCL Markets requires an understanding of what you are doing. It can be challenging and requires significant research and understanding of the FXCL Markets trading tools and features. You must know what you are doing when trading with FXCL Markets. That's why we've compiled this detailed FXCL Markets review with some important information that will hopefully make you more informed when online trading with FXCL Markets.

FXCL Markets Review Table of Contents

FXCL Markets review
FXCL Markets is a Multi-Assets Trading Platform with over 100+ Assets

Learn more about FXCL Markets. FXCL Markets is a multi asset platform with 100+ tradable Assets. Assets available on FXCL Markets include Forex trading, Spread Betting, Social trading, Share Dealing.

FXCL Markets 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, Spread Betting, Social trading, Share Dealing are considered financial assets.

Features of FXCL Markets

FXCL Markets review
What you should know

FXCL Markets offer four ways to trade: Forex trading, Spread Betting, Social trading, Share Dealing. The assets and products available to you on the FXCL Markets trading platform depends on the region of the world, you are in and the FXCL Markets entity you have an account.

With FXCL Markets you will need a minimum deposit of $1. You can sign up for a demo account to acquaint yourself with FXCL Markets platform.

FXCL Markets are able to accommodate various levels of traders whether you are experienced or a beginner.

Are FXCL Markets safe?

When considering FXCL Markets for your trading activities, its financial regulatory status in your region is crucial. One of the primary considerations when evaluating a broker, such as FXCL Markets, 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 FXCL Markets have a head office in Saint Vincent and the Grenadines..

FXCL Markets is regulated. This means FXCL Markets are supervised by and is checked for conduct by the Unregulated, Registered in Botswana (UIN BW00005716042) regulatory bodies.

FXCL Markets withdrawal requests will be honoured. Brokers that operate under the supervision of regulatory authorities like FXCL Markets 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. FXCL Markets are held accountable for their actions and may face severe consequences if they violate any financial regulations. If you are a client of FXCL Markets and wish to withdraw funds from your account, you can rest assured that your request will be processed promptly. FXCL Markets 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, FXCL Markets 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 FXCL Markets, you can enjoy peace of mind and focus on your trading activities. If FXCL Markets violate any regulatory rules their regulated status could be stripped.

Your capital is at risk

Is my money safe with FXCL Markets?

All payments made to FXCL Markets by traders are securely held in a segregated bank account.

FXCL Markets 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 FXCL Markets use them?

FXCL Markets 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 FXCL Markets clients' funds.

FXCL Markets clients can have greater confidence in their financial security when working with a Tier 1 bank because FXCL Markets 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 FXCL Markets deposited in a Tier 1 bank?

Depositing funds with FXCL Markets ensures that your money is held in a secure bank account with sufficient capital to meet your withdrawal requirements, even if FXCL Markets were to go out of business unexpectedly.

Based on the information presented, it is safe to conclude that FXCL Markets is a secure and safe platform.

Please be aware that trading in financial assets with FXCL Markets carries a risk of loss. FXCL Markets 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, Spread Betting, Social 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.

FXCL Markets emphasizes this risk on its platform and provides clear risk warnings - Your capital is at risk. After answering some important questions about FXCL Markets, let's closely examine its features.

To better understand the FXCL Markets trading platform, you can create two separate accounts - one with real money and the other a FXCL Markets demo account. A FXCL Markets demo account provides a risk-free environment for experimenting with the FXCL Markets platform's features and trading strategies before risking your actual funds. This approach can help you gain experience and confidence in FXCL Markets trading decisions.

Open a demo account Visit FXCL Markets

Your capital is at risk

Full disclosure: We may receive a commission if you sign up with a broker using one of our links.

How FXCL Markets as a Company Compare Against Other Brokers

Broker fxclmarkets IC Markets Roboforex eToro
Year Established 2008 2007 2009 2007
Head Office Saint Vincent and the Grenadines. Australia Belize Cyprus, UK
Regulation Unregulated, Registered in Botswana (UIN BW00005716042) Seychelles Financial Services Authority (FSA) (SD018) RoboForex Lid is regulated by Belize FSC, License No. 000138/7, reg. number 000001272. 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+ FXCL Markets 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 FXCL Markets 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.

FXCL Markets review
FXCL Markets Pros and Cons

What we like about FXCL Markets

  • Used by over 10,000 FXCL Markets users and traders
  • Established in 2008
  • Regulated by Unregulated, Registered in Botswana (UIN BW00005716042)
  • Min. deposit from $1

What we don't like about FXCL Markets

FXCL Markets review
FXCL Markets Regulation and Licensing in more detail

FXCL Markets is regulated by trusted organizations, providing recourse for any issues. Regulatory bodies protect traders through reimbursement schemes in case of FXCL Markets going into insolvency. FXCL Markets compliance with rules and criteria set by regulatory authorities is mandatory for brokerage firms like FXCL Markets to maintain licenses and operate in certain jurisdictions. Financial regulation and licensing are crucial for creating a secure trading environment for FXCL Markets traders.

  • Unregulated
  • Registered in Botswana (UIN BW00005716042)

FXCL Markets 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 FXCL Markets you should be sure they're legitimate online agent.

Is FXCL Markets Global?

Yes, FXCL Markets is global as FXCL Markets is available in over 194 countries.

FXCL Markets is a global trading platform in the sense that it operates in 194 countries including nations in Africa, Asia, Oceania, and Europe. Major countries FXCL Markets covers include the UK, Germany, South Africa, Thailand, China and Australia. FXCL Markets has a total of more than 10,000 users.

FXCL Markets review
FXCL Markets Fees Explained

  • FXCL Markets doesn't charge withdrawal fees.
  • FXCL Markets does charge a fee for inactive accounts.
  • FXCL Markets doesn't charge deposit fees. A currency conversion fee may be applied as withdrawals and deposits from FXCL Markets are conducted in USD. Any other currency will have to be converted to your local currency by your 3rd party payment provider.

FXCL Markets Costs To Check

Modern brokers like FXCL Markets provide advanced online trading platforms, mobile apps, financial analysis tools and educational resources. These services require significant investment, and in turn, FXCL Markets may charge clients various fees for trading activities. Be mindful of these charges, impacting your overall FXCL Markets trading profitability.

How FXCL Markets Fees Compare Against Other Brokers

Broker fxclmarkets IC Markets Roboforex eToro
Min Deposit 1 200 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

FXCL Markets Minimum Deposit

FXCL Markets requires a minimum deposit of 1 GBP/USD/EUR when opening an FXCL Markets trading account.

A minimum deposit is the minimum amount of money required by FXCL Markets to open a new online brokerage account with them.

Don't be scared off by brokers like FXCL Markets charging a minimum deposit to open a trading account. Brokers charging higher minimum deposits may offer additional premium services on their platforms that are not free on other platforms.

In the trading world, brokers like FXCL Markets, 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.

FXCL Markets Withdrawal Fees

FXCL Markets doesn't charge withdrawal fees.

FXCL Markets Withdrawal rules may vary across different brokers when it comes to transferring funds from your FXCL Markets or other broker trading account. Each brokerage firm has its specific withdrawal methods. The payment provider associated with FXCL Markets 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 FXCL Markets 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 FXCL Markets. Researching and comparing FXCL Markets withdrawal policies and fees across different brokers is essential before choosing one, especially if you are withdrawing FXCL Markets funds frequently or dealing with large sums of money. Awareness of these FXCL Markets fees and policies can help you plan and budget accordingly and avoid any unpleasant surprises when transferring your FXCL Markets funds.

For example, FXCL Markets allows you to withdraw your funds to Online bank Paytrust, H2P, Cryptocurrencies, Alphacoins, Bitcoin, Litecoin, USDT, PerfectMoney, Local Deposit, FasaPay, Dragonpay.

FXCL Markets Inactivity Fees

FXCL Markets 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 FXCL Markets 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 FXCL Markets fees and services. It's recommended that you check the FXCL Markets website before signing up. If you decide to close your FXCL Markets account, it's important to do so with the FXCL Markets broker customer support and obtain confirmation that no remaining FXCL Markets fees are due.

Brokers like FXCL Markets 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.

FXCL Markets Deposit Fees

FXCL Markets 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.

FXCL Markets Commission Fees

FXCL Markets does charge commission on CFD instruments.

Brokerage firms like FXCL Markets 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 FXCL Markets trading account level held by the trader.

FXCL Markets 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 FXCL Markets terms and conditions to understand the commission fees and any other charges that may apply is essential.

FXCL Markets review
What can you trade with FXCL Markets?

It's essential to note that the trading instruments offered under the FXCL Markets 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 FXCL Markets 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 FXCL Markets over 100 instruments in fact.

If you want to trade currency pairs on global Forex markets, FXCL Markets offer over currency pairs.

FXCL Markets Compared To Other Brokers

Compare FXCL Markets with IC Markets and Roboforex below.

Your capital is at risk

How FXCL Markets Trading Options Compare Against Other Brokers

Broker fxclmarkets IC Markets Roboforex eToro
Instruments Available 100 2250 12000 6000
Platforms MT4, PC, Mac, Mobile Apps, Android (Google Play), iOS (App Store), Web Terminal 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 No Yes Yes Yes
US Shares Yes Yes Yes Yes
German Shares No Yes Yes Yes
Japanese Shares No Yes Yes Yes
Risk Warning Visit FXCL Markets
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.

FXCL Markets review
Trading on FXCL Markets web platforms and other applications

FXCL Markets offer the popular MT4 forex trading platform. To see a list of the top MT4 brokers, see our comparison of MT4 brokers.

FXCL Markets 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 FXCL Markets's platforms

Is the FXCL Markets Trading Platform Secure?

You should take the security of your personal information seriously and check SSL encryption is enabled on the FXCL Markets trading platform to protect you on PC and mobile FXCL Markets platforms. To further enhance security, we encourage traders to always look for the lock sign on their browser when using FXCL Markets web trading platforms.

FXCL Markets Trading Platform Options

After logging into your FXCL Markets account, you'll find a range of trading platform options available below.

  • MetaTrader 4 (MT4)

Please be aware that FXCL Markets 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.

FXCL Markets 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 FXCL Markets gives you.

FXCL Markets review
FXCL Markets MetaTrader 4 (MT4)

FXCL Markets MetaTrader 4

FXCL Markets 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 FXCL Markets offers traders comprehensive features and tools to enhance their trading performance. The FXCL Markets MT4 user-friendly interface and highly customizable trading environment allow traders to tailor the FXCL Markets platform to their needs. One of the standout features of MT4 is its charting functionality, which allows FXCL Markets traders to analyze price movements and make informed trading decisions. Additionally, advanced order management tools give FXCL Markets traders greater control over their trades, allowing them to manage risk better and optimize their trading strategies on the MT4 FXCL Markets 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 FXCL Markets MetaTrader 4 (MT4) trading platform. MT4 is a platform available with FXCL Markets, that facilitates trading financial instruments in the form of CFD contracts or Spread bets. The FXCL Markets MT4 platform does not provide access to physical assets such as stocks, commodities, or ETFs for trading. FXCL Markets 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 FXCL Markets in multiple formats including through an online web platform, Through a downloadable application for Windows PCs and Apple Macintosh computers. FXCL Markets MetaTrader 4 is compatible with the latest macOS. FXCL Markets allows traders to trade on mobile devices through Android and iOS devices like the iPhone.

Metatrader 4 Webtrader on FXCL Markets

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 FXCL Markets MetaTrader 4 on iOS Devices

You can download the FXCL Markets app or trade with FXCL Markets through the MetaTrader 4 application on the Apple app store.

Download the Metaquotes MetaTrader 4 Program free of charge from Apple's App Store. FXCL Markets customers have instant access to the financial market and can completely manage a Portfolio on the go.

Trade FXCL Markets MetaTrader 4 on Android Devices

Millions of people worldwide use Android mobile devices and tablets, and FXCL Markets offers its clients access to the MetaTrader 4 platform on these devices. With the FXCL Markets 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 FXCL Markets traders to stay on top of their trades and react quickly to changes in the market. With the FXCL Markets 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 FXCL Markets MetaTrader 4 Trading Central

Trading Centrals Alpha Generation Indicators available on FXCL Markets are a powerful bundle of three major indicators designed to help traders make informed decisions. FXCL Markets 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 FXCL Markets 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 FXCL Markets traders to potentially stay one step ahead.

FXCL Markets MetaTrader 4 Advanced Trading Tools

The FXCL Markets MetaTrader 4 trading platform has advanced tools that enhance the overall trading experience and give FXCL Markets traders detailed market tools. With feature-rich trade execution and management programs, sophisticated notification alarms, messaging facilities, innovative market data, and more, FXCL Markets provides traders with everything they need to succeed. The FXCL Markets 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 FXCL Markets traders to analyze the market at any level of complexity.

Trade FXCL Markets 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.

FXCL Markets MetaTrader 4 AutoChartist

Autochartist on the FXCL Markets platform is a powerful tool designed to help traders find trading opportunities quickly and easily.

Available for FXCL Markets MetaTrader 4 Autochartist can scan the market using an expert advisor script.

With Autochartist, FXCL Markets 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 FXCL Markets users time and makes the trading process more efficient.

The Autochartist interface is user-friendly and can be customized to suit individual trading preferences. FXCL Markets traders can navigate the platform and find the information they need to make informed trading decisions.

FXCL Markets 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 FXCL Markets traders of all experience levels.

FXCL Markets Trading benefits

  • FXCL Markets Allows hedging
  • FXCL Markets Offers STP
  • FXCL Markets Low min deposit
  • FXCL Markets Offers Negative Balance Protection

FXCL Markets Trading Accounts Offered

Below we give an overview of the account types that FXCL Markets offer. Whatever you are looking to trade, the varying FXCL Markets account types will be able to provide you with what you need.

  • FXCL Markets Demo account
  • FXCL Markets Standard account
  • FXCL Markets ECN account
  • FXCL Markets STP account
  • FXCL Markets Islamic account

Can I try FXCL Markets?

FXCL Markets provides a demo account that enables individuals to explore trading before investing their funds. By creating a FXCL Markets practice account, users can gain experience and knowledge of how to trade effectively. Demo trading accounts like the FXCL Markets demo account can help individuals to make informed decisions before investing their money.

Open a demo FXCL Markets account to practice and trade.

Your capital is at risk

FXCL Markets withdrawal and funding methods

It's essential to remember that the payment methods provided by FXCL Markets vary based on the FXCL Markets entity and the FXCL Markets client's country of residence. To view the FXCL Markets payment options available, you can log into your FXCL Markets member's area.

FXCL Markets offers various funding payment methods listed in your FXCL Markets dashboard if available in your region. To learn more about the FXCL Markets funding and withdrawal options available in your area, you can explore the FXCL Markets website.

FXCL Markets provides several payment methods for funding your FXCL Markets account. You may utilize any of these deposit options if they are available in your region. FXCL Markets ensures that users have multiple payment methods to choose from, making it more convenient for verified FXCL Markets 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 FXCL Markets user's location. learn more about FXCL Markets funding and withdrawal methods.

FXCL Markets Payment Methods

Some FXCL Markets payment methods are local and are available only to specific regions. FXCL Markets account holders should check which payment methods are provided in your region.
  • FXCL Markets accepts Online bank Paytrust
  • FXCL Markets accepts H2P
  • FXCL Markets accepts Cryptocurrencies
  • FXCL Markets accepts Alphacoins
  • FXCL Markets accepts Bitcoin
  • FXCL Markets accepts Litecoin
  • FXCL Markets accepts USDT
  • FXCL Markets accepts PerfectMoney
  • FXCL Markets accepts Local Deposit
  • FXCL Markets accepts FasaPay
  • FXCL Markets accepts Dragonpay
Broker fxclmarkets IC Markets Roboforex eToro
Bank transfer Yes Yes Yes Yes
Credit Cards No Yes No Yes
Paypal No Yes No Yes
Skrill No Yes Yes Yes
Payoneer No No No No
Neteller No Yes Yes Yes

*please note available FXCL Markets and other broker payment methods depend on the clients country of residence.

How can I start trading with FXCL Markets?

To open a trading account with FXCL Markets, individuals can sign up on the FXCL Markets 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 FXCL Markets account validation and making a deposit. Once completed, FXCL Markets users can download the trading platform of their choice.

It's important to note that FXCL Markets 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 FXCL Markets maintain a trustworthy financial environment for its 10,000 users. Detailed information on the FXCL Markets trading platforms is available on their website.

Your capital is at risk

Performing trades with FXCL Markets

When using FXCL Markets, 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. FXCL Markets have a max trade of varies. With the ECN and STP execution methods offered by the platform, traders using FXCL Markets can enjoy tighter spreads and greater transparency when it comes to the pricing of their trades.

Like other brokers, FXCL Markets margin requirements can differ depending on the traded instrument.

CFD Trading on FXCL Markets

We will show you an example of the basics of using FXCL Markets leverage.

CFD trading on FXCL Markets allows traders to speculate on the price movements of various financial instruments against the broker FXCL Markets, without actually owning real assets. With CFDs, FXCL Markets traders can profit from upward and downward price movements by going long (buying) or short (selling) on an asset.

FXCL Markets 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, FXCL Markets leverage profits and losses are magnified when trading. For instance, using CFDs, you use the FXCL Markets 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, FXCL Markets leverage magnifies both profits and losses in trading.

Trading CFD trades on the FXCL Markets 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 FXCL Markets 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 FXCL Markets Negative Balance Protection

Negative balance protection is important for traders using leverage on platforms like FXCL Markets. 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 FXCL Markets 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, FXCL Markets trading losses are always limited to the current balance of funds in the trader's account.

Even if an FXCL Markets trader experiences a significant loss, they will never owe more money than what is available in their FXCL Markets account balance.

It's important for FXCL Markets 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 FXCL Markets losses are limited to the funds available in your FXCL Markets account when negative balance protection is in place.

Education Resources at FXCL Markets

FXCL Markets offer educational resources which include Blog Articles, Analysis Theory,. Please bear in mind that these resources provided by FXCL Markets do not guarantee any results when trading. When we checked on the FXCL Markets website, these educational resources were not available in every language. Also some financial instruments mentioned in any FXCL Markets educational resources may not be available in your region.

To trade effectively with FXCL Markets, it's important to have a good understanding of the FXCL Markets trading tools and the markets. Make sure you make full use of all education tools. Including educational tools with FXCL Markets and externally.

FXCL Markets . It's essential to take the time to learn about the financial markets and understand how they move before diving into trading with FXCL Markets. Familiarizing yourself with the FXCL Markets 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 FXCL Markets. 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 FXCL Markets 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 FXCL Markets, and risk management techniques can help you become a more confident and successful trader.

Take an analytical approach to trading with FXCL Markets. Explore the FXCL Markets 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 FXCL Markets, before live trading.

Customer Support at FXCL Markets

As part of our FXCL Markets review, we review customer service options, response times and problem resolution effectiveness on the FXCL Markets trading platform. The FXCL Markets trading platform supports multiple languages, which includes English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian.

FXCL Markets Available Support Types

Based on our experience, we have given FXCL Markets a D grade for customer support. We encountered some slow response times or FXCL Markets queries that were left unanswered.

Compared to other brokers, FXCL Markets 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.

Livechat Support at FXCL Markets

Our team tested the live chat support of FXCL Markets 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 FXCL Markets support services in various countries and languages and found that FXCL Markets were able to effectively resolve our customer issues.

Email Support at FXCL Markets

We tested the email support of FXCL Markets 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 FXCL Markets response.

The FXCL Markets team did resolve and answer our queries, but the email support from FXCL Markets was overall average compared to other brokers we have tested.

Phone Support at FXCL Markets

FXCL Markets does not offer Phone Support.

See how FXCL Markets Support Compares Against Other Brokers

Broker fxclmarkets IC Markets Roboforex eToro
Support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
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 FXCL Markets 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 FXCL Markets

As FXCL Markets is regulated by Unregulated, Registered in Botswana (UIN BW00005716042).

As a new client of FXCL Markets, 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 FXCL Markets in your region. During the FXCL Markets account opening process, you will be asked to provide FXCL Markets 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 FXCL Markets have the following documents available.

  • FXCL Markets 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 FXCL Markets compliance. This must be dated within the last six months.
  • If you plan to fund your FXCL Markets 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 FXCL Markets platform.

It's worth noting that the expiration date of the proof of address document may differ for different entities under FXCL Markets 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 FXCL Markets's platform.

However, remember that you won't be able to make trades on FXCL Markets until you have passed compliance, which may take several days, depending on your circumstances. It's essential to complete the FXCL Markets KYC compliance process as soon as possible to avoid any delays in accessing the FXCL Markets platform's features.

It is important to note that FXCL Markets 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 FXCL Markets platform and features immediately. However, you must pass the verification process to start live trading with FXCL Markets, which can take up to a few business days.

To start the process of opening an account with FXCL Markets you can visit the FXCL Markets 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.fxclearing.com/ on December 28, 2024.

Watch this FXCL Markets Explainer Video

Is FXCL Markets A Good Broker?

We have spent over 5 years examining FXCL Markets in depth. Although we found some very useful aspects of the FXCL Markets platform that would be useful to some traders. We feel that a alternative to FXCL Markets may better suit you.

  • FXCL Markets have a good track record of offering Forex trading, Spread Betting, Social trading, Share Dealing.
  • FXCL Markets has a history of over 16 years.
  • FXCL Markets has a reasonable sized customer support of at least 10.
  • FXCL Markets are regulated by the Unregulated, Registered in Botswana (UIN BW00005716042). FXCL Markets is subject to strict regulatory oversight from its respective jurisdiction, which holds FXCL Markets (the broker) accountable for misconduct. This regulatory framework helps ensure that FXCL Markets operates fairly and transparently and provides FXCL Markets 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 FXCL Markets.
  • FXCL Markets have regulation from reputable regulators.
  • One of the advantages of using FXCL Markets is the quick processing time for deposits and withdrawals, which typically takes only 2 to 3 days. Fast withdrawals from FXCL Markets are particularly important as FXCL Markets traders want to receive their money quickly. With the efficient FXCL Markets payment processing system, traders can enjoy faster access to their FXCL Markets funds.
  • FXCL Markets have an international presence in multiple countries. Including local FXCL Markets seminars and training.
  • FXCL Markets can hire people from various locations in the world who can better communicate in your local language.

FXCL Markets Risk Disclosure

Your capital is at risk

Trading Risk Disclaimer

Trading financial instruments such as foreign currency markets and other financial instruments 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.

FXCL Markets not quite right?

If after reading this FXCL Markets review, FXCL Markets does not fulfill your needs check out these FXCL Markets Alternatives.

Click here to view the best FXCL Markets Alternatives

We have spent years researching the best alternatives to FXCL Markets. Click the links below to learn more.

After extensive research over several years, we have compiled a list of the most effective FXCL Markets alternatives available today. If you are unsatisfied with FXCL Markets or want to explore other options, we recommend checking out our carefully curated list of highly-rated FXCL Markets alternatives. Follow the links below to learn more about these FXCL Markets broker alternatives and choose the one that best suits your trading needs.

Related FXCL Markets Vs Comparisons

Throughout our comprehensive FXCL Markets 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 FXCL Markets against other popular brokers in the industry, check out our FXCL Markets Vs pages. Our team has compiled a series of detailed FXCL Markets comparison articles, pitting the FXCL Markets platform against some of the best-rated FXCL Markets competitors in the market. Dive into our informative FXCL Markets Vs pages below to find out how FXCL Markets stacks up against other leading brokers.

FXCL Markets review
FXCL MARKETS Frequently Asked Questions

Read our detailed FXCL Markets FAQ Section updated for 2025.

Can I try FXCL Markets?

FXCL Markets offer a demo account so you can try the FXCL Markets platform with virtual trading before you put down a payment. Virtual trading with FXCL Markets is zero risk. Learn more here

What funding methods do FXCL Markets accept?

Please note that the list of payment methods below depends on the FXCL Markets Entity and the client's Country of Residence.

FXCL Markets offer the following funding payment methods Online bank Paytrust, H2P, Cryptocurrencies, Alphacoins, Bitcoin, Litecoin, USDT, PerfectMoney, Local Deposit, FasaPay, Dragonpay, among other payment methods.
Learn more here

Your capital is at risk

Is FXCL Markets safe?

FXCL Markets have over 10,000 users. FXCL Markets are considered reliable as they are regulated by and checked for conduct by the Unregulated, Registered in Botswana (UIN BW00005716042). Any payments funded to FXCL Markets accounts by traders are held in a segregated bank account. For added security,FXCL Markets use tier-1 banks for this. Tier 1 is the official measure of a bank's financial health and strength.Trading with FXCL Markets is risky, and because the market is so volatile, losses could happen at any time. Do not invest with FXCL Markets 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 FXCL Markets trading good?

FXCL Markets is considered good and reputable to trade with FXCL Markets. FXCL Markets is used by over 10,000 traders and FXCL Markets users. FXCL Markets offers Forex trading, Spread Betting trading, Social trading, and Share Dealing trading. Minimum deposit with FXCL Markets is 1.

Is FXCL Markets trading Legit?

FXCL Markets was founded in Saint Vincent and the Grenadines. in 2008. FXCL Markets has been facilitating trade on the financial markets for over 16 years. FXCL Markets offers clients Forex trading, Spread Betting trading, Social trading, and Share Dealing trading. All funds deposited to FXCL Markets are held in segregated bank accounts for security. FXCL Markets is regulated by Unregulated, Registered in Botswana (UIN BW00005716042) so can be considered legit.

Is FXCL Markets a good broker?

FXCL Markets allows Forex trading, Spread Betting trading, Social trading, and Share Dealing trading. FXCL Markets is overseen by the top tier financial regulators Unregulated, Registered in Botswana (UIN BW00005716042) so can be considered a good broker.

Is FXCL Markets trustworthy broker?

FXCL Markets is a reliable platform that can be considered trustworthy due to its strict regulatory practices. When you fund money to FXCL Markets, money is in a segregated bank account that is separate from FXCL Markets company's funds. As a regulated broker, FXCL Markets cannot directly access your funds, which minimizes the risk of misappropriation or fraudulent activity by FXCL Markets. Instead, your FXCL Markets funds are held securely in a separate account designated for your investments, providing protection and peace of mind when trading with FXCL Markets. Also FXCL Markets is regulated in its local jurisdictions including major financial regulators like Unregulated, Registered in Botswana (UIN BW00005716042).

What is the minimum deposit for FXCL Markets?

The minimum deposit to trade with FXCL Markets is 1.

How long do FXCL Markets withdrawals take?

Withdrawing money from FXCL Markets processing time varies depending on the method but averages 1-5 days.

Is FXCL Markets regulated?

FXCL Markets is regulated by the Unregulated, Registered in Botswana (UIN BW00005716042). Regulatory bodies conduct regular reviews and audits as part of FXCL Markets maintaining their regulatory status. You can learn more about these reviews on the regulator websites.

Is FXCL Markets a market maker?

FXCL Markets is a market maker. Stocks, currency and other commodities and instruments will be brought or sold by FXCL Markets even if no buyer or seller is lined up.

How can I start trading with FXCL Markets?

When opening a trading account with FXCL Markets, 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 FXCL Markets trading platforms, you can follow the link provided below: Learn more about signing up with the FXCL Markets trading platform here. This will provide useful information and insights into the various trading platforms offered by FXCL Markets, enabling you to make an informed decision about which platform to choose for your trading needs.

Is my money safe with FXCL Markets?

Yes your money is safe with FXCL Markets.

Overall, strict financial regulation is essential for ensuring that trading platforms like FXCL Markets operate fairly, transparently, and responsibly, which ultimately benefits all FXCL Markets stakeholders involved.

Trading platforms like FXCL Markets must have strict financial regulation for several reasons:

  • Protecting FXCL Markets Investors: Strict financial regulation ensures that investors who use the FXCL Markets trading platform are protected against fraudulent or unethical behavior by the FXCL Markets platform or its employees. Financial regulation can help to prevent investors from losing their money due to dishonest practices by the FXCL Markets platform.
  • Maintaining FXCL Markets Financial Stability: Strict regulation helps maintain the financial system's stability by preventing excessive risk-taking when using the FXCL Markets trading platform. Regulatory procedures reduce the likelihood of the FXCL Markets platform experiencing financial difficulties or failing, which could have ripple effects throughout the financial system.
  • Enhancing FXCL Markets Transparency: Regulations require trading platforms like FXCL Markets to maintain detailed records and disclose FXCL Markets client information. Financial regulatory requirements enhances transparency and helps to build trust between the FXCL Markets platform and its investors.

FXCL Markets is regulated by the Unregulated, Registered in Botswana (UIN BW00005716042). When selecting a broker such as FXCL Markets, 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, FXCL Markets 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 FXCL Markets.

Is FXCL Markets a con?

FXCL Markets is regulated and well established, having been in business for over 16 years. FXCL Markets is not a con.

Can you make money with FXCL Markets?

Although traders have had great success with FXCL Markets, trading on the financial markets with FXCL Markets 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 FXCL Markets have fees?

FXCL Markets doesn't charge withdrawal fees. FXCL Markets does charge a fee for inactive accounts. FXCL Markets doesn't charge deposit fees.

When was FXCL Markets founded?

FXCL Markets was founded in 2008.

How many people use FXCL Markets?

FXCL Markets is used by over 10,000 registered FXCL Markets users.

What is FXCL Markets Headquarters country?

FXCL Markets has its head quarters office in Saint Vincent and the Grenadines. .

Does FXCL Markets offer negative balance protection?

FXCL Markets offers negative balance protection. With Negative balance protection, traders cannot lose more money than they have deposited.

Does FXCL Markets offer guaranteed stop loss?

FXCL Markets 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 FXCL Markets allow scalping?

FXCL Markets does not offer scalping.

Does FXCL Markets allow hedging?

FXCL Markets offers hedging.

Does FXCL Markets offer CFD trading?

FXCL Markets offers CFD trading.

Does FXCL Markets offer STP?

FXCL Markets offers STP trading.

How many people use FXCL Markets?

FXCL Markets is used by over 10000 FXCL Markets users and traders.

Is FXCL Markets an ECN broker?

FXCL Markets offers ECN trading.

Does FXCL Markets offer a demo account?

FXCL Markets offers a demo account.

Does FXCL Markets offer an Islamic account?

FXCL Markets offers an Islamic account.

What are the funding methods for FXCL Markets?

Please note that funding methods and options available with FXCL Markets can be found in the FXCL Markets Members area and depend on the FXCL Markets client’s country of residence. Please check your specific available payment methods on the FXCL Markets website. FXCL Markets accept the following funding methods : Online bank Paytrust, H2P, Cryptocurrencies, Alphacoins, Bitcoin, Litecoin, USDT, PerfectMoney, Local Deposit, FasaPay, Dragonpay.

FXCL Markets review written by Andrew Blumer and Mark Hansen

We hope you found our review of the FXCL Markets brokerage firm useful.

This article was written by our financial editors, Mark Hansen and Andrew Blumer.

Mark was previously of the Kiel Insitute and has worked with financial organisations across Europe, Australia, South East Asia, South Africa and the Middle East. Mark has over 15 years of experience in financial analysis, forecasting, and financial modelling, identifying new market opportunities in Stocks, CFDs, Forex and Commodities.

Andrew has a well-established career in fintech and came up with comparebrokers.co to make trading on financial markets more transparent and accessible.

Whether you want to trade Forex, Stocks, Commodities or Indices we will help you find the best online broker for you from 400+ brokers for clients based in the UK, Europe, Asia, South Africa and Australia.

FXCL Markets review written by Mark Hansen of Comparebrokers.co