|Trading software||MetaTrader 4, Currenex, FXCC iTrader|
|Headquartered||16, Spyrou Kyprianou Ave, Office 201, 3070 Limassol, Cyprus|
FXCC was founded in 2010 by a group of foreign exchange market professionals, building on their long experience in the financial markets. Our goal is simple. We want to be the world’s favourite forex broker. That’s a lofty ambition but it’s one we’re prepared to work hard to achieve.
Our success comes from the success of our clients. The more profitable our clients are in their forex trading, the more trades they place in the FXCC system. As an ECN broker, our profits are generated on a fixed per-trade basis. The more trades you place in our system, the healthier our bottom line looks. Our best interest is for our traders to be successful.
FXCC is authorised and regulated by the Cyprus Securities and Exchange Commission (CySec) and we operate under the EU Markets in Financial Instruments Directive (MiFID). FXCC is on the FSA Register (Reference Number 549790) and EEA Authorised.
Our ECN forex model provides professionals and active traders, hedge fund managers, corporate clients and banks with access to real time streaming and competitive prices directly from leading multibank liquidity providers.
Our success comes first and foremost from the success of our clients. Extremely fast trade execution, the tightest possible spreads and sophisticated trading platforms mean our clients have all the tools they need to give them the best possible chance of success.
FXCC believes that the ECN forex model benefits all foreign exchange market participants. Our ECN/STP model gives our clients the freedom to trade on a more level playing field. We've made the world of forex more transparent with a greater degree of control for our traders.
Unlike most Forex brokers, fxcc broker has No Dealing Desk. Our business model is based on utilizing Straight Through Processing (STP), where all our client's orders are sent to various premier and leading forex banks and qualified financial institutions, eliminating the potential for any price mark-up, or any conflict of interests as we don’t take the other side of your trades.
Dealing Desk forex brokers, can, under certain circumstances, profit from your losses. When those particular circumstances start to appear, that's when things like lags and re-quotes start to rear their head.
fxcc forex don't re-quote. We don't need to. We don't run a dealing desk, so there is no trade risk for us to manage. That means we never come into conflict with our client's trades. Client trades are made on prices provided to FXCC by our pool of liquidity providers. Our Price Aggregator automatically scans these so you’re assured of only ever getting the best available Bid/Ask price combinations.
You see the best prices – our liquidity providers see the FXCC system. Complete anonymity for all your trades.
fxcc forex broker has got a way to go yet, but our goal is already in sight. To be the world’s favourite forex broker. To leave a fxcc review you need to go to the comment page of the rating. Also there you can read fxcc reviews left by other traders.
|Address||16, Spyrou Kyprianou Ave, Office 201, 3070 Limassol, Cyprus|
|24 hour support|
|24 hour trading|
|Digits after the dot in quotes||5|
|Minimum position size||0.01|
|Pip spread on majors||0.1-3|
|Standard account, $||2000|
|Mini account, $||500|
|Other payment methods|
|Popular payment methods||Credit Card, Wire Transfer, Money Bookers, Union Pay, Net Teller|
|Account currencies||EUR, USD, GBP|
|Other instruments||Gold, Silver|
|Languages||English, French, German, Russian, Chinese, Italian, Spanish, Portugese|
|Platforms||MetaTrader 4, Currenex, FXCC iTrader|
I was afraid to trade with fxcc because I thought it is one of many small firms from Cyprus. Completely wrong and biased opinion. Broker is interested in providing better service for customers. It has ecn accounts and broker guaranties no conflict of interests. They do not take the other side of client trades. I don't wanna urge you to believe me. At least you can try to open small account if still have doubts. Minimum deposit starts from $100 and it's not a big risk to proof that I’m saying truth. As I mentioned before, even if fxcc from Cyprus, it means nothing in terms of bad services. Company still have licenses from UK regulators and I hope will improve trading conditions on constant basis.
Bad Service, Slow Withdrawals, High Spread, slow Execution. I'm wondering why many of the broker do the same thing. I recently opened account with FXCC and they had huge problem on their platform. They said that their spread is low but it is not true. Will never trade here again!
I've been trading with them for 7 months and their server are vest fast and also the execution are very smooth. They also support lots of payment options which makes my deposit and withdrawals very easy and convenient :)
I really like FXCM tools and their iPhone app. Thus I can get into the trades in quickly and view them logically. This is very convenient for a newer trader, which I am.
A dissappointing thing is that sometimes it takes a while for their support to respond.