FXCC — Forex Broker Rating and Review 2019

FXCChttp://www.fxcc.com/
Status
Regulation CySEC
Trading software MetaTrader4
Headquartered 2 Samou Street,Yermasoyia, Limassol , Cyprus, 4043

Founded in 2010, FXCC is one of the leading STP/ECN brokers, specialising in Forex and CFDs, delivering institutional level of service and cost-effective trading opportunities to retail clients who wish to trade across a wide range of products.

FXCC provides its clients with direct access to a liquid Forex ECN model in which all clients obtain the same access to the same liquid markets, all trades are executed instantaneously without any delay or re-quotes. Our business model is based on utilizing Straight Through Processing (STP), all our clients' orders are sent to the premier and leading Forex banks and that make up our pool of liquidity providers, eliminating the potential for any price or spread manipulations or any conflict of interest.

FXCC is proud to exclusively offer the ECN XL account, allowing traders to maximise their potentials with minimum cost, enjoying zero mark up, zero fees on deposits, zero commissions*, zero swap and the tightest spreads! The ECN XL Account has been awarded “Best Forex Trading Account” at the UK Forex Awards 2017. The award win, which was independently voted for by traders themselves, is testament to FXCC’s ongoing efforts to develop and invest in its retail offerings to the benefit of its clients.

FX Central Clearing Ltd is authorised and regulated by the Cyprus Securities and Exchange Commission (CySEC), under CIF Licence Number 121/10 and operates under the EU Markets in Financial Instruments Directive (MiFID). FX Central Clearing is on the FSA(UK) Register (Reference Number 549790) and EEA Authorised.

FXCC trading information

WWW http://www.fxcc.com/
Address 2 Samou Street,Yermasoyia, Limassol , Cyprus, 4043
Headquarters Limassol
Free phone +357 25 870750
24 hour support
Partnership programs
Expert advisors
Free education
Bonuses, Promotions
Mobile trading
Automated trading
Daily analysis
Swaps
24 hour trading
Hedging
Digits after the dot in quotes 5
Minimum position size 0.01
Spread Type variable
Pip spread on majors 0.2-0.6
Leverage 300
ECN, $ 100
Standard account, $ 100
Mini account, $
Popular payment methods Credit Card, Debit Card, Neteller, Skrill, Webmoney, Wire Transfer, Paysafe Card, Rapid Transfer, SOFORT, Neosurf, Union Pay, NETBANX Asia
Account currencies EUR, USD, GBP
Other instruments FX, Indices, Metals
Languages English, Chinese, Arabic, Spanish, Russian, Urdu, French
Platforms MetaTrader4
Broker type ECN STP
Regulation CySEC
Foundation 2010

I used FXCC for a bit over 2 years. Overall I have deposited more than GBP63,000 and I only ever withdrew some small amounts, simply because I was always losing. However, 4 months ago I finally broke even. I requested a withdrawal for which I never got a response and I went further to request 7 more times in the space of 2 weeks. Early in January I stopped receiving the Daily Confirmation emails, which I didn't really think much about. I ended the week with a balance of GBP175,342 and no open trades. I then logged in to MT4 by weekend to plan for the week ahead, I got an "Account Disabled" notice. I was confused, so I logged into FXCC's website and my account did not appear at all. 6 hours later I got an email from the Compliance Office saying that my account is under Review and that I would be contacted in case I was required to provide documentation and the such. I also requested callbacks, and the response I got is that they "can't give me anymore information because they don't have it" and that I will be contacted "as soon as possible". In that moment, I realized that I've been scammed. By sheer luck I met a man at the airport lounge and we got talking, somehow I opened up to him and he directed me to *** As I type this, GBP 23,900 of my intial deposit has been recovered.

Alan Wilshere   27 March, 2019  

Exactly the same happened to me. I have posted my review in FPA. FXCC are scammers. As soon as you win they will take your money

Pepito Pagadoble   3 April, 2019

FXCC Payment withdraw process via debit take too much of time. I am very frustrating. How many times i contact to FXCC financial team. They always told me investigation is going on . more than 45 days has gone , till am waiting with patience, I hope i will receive money very soon to my bank account. otherwise please guide me how to get it

mpo youssef   7 February, 2019  

Seems like FXCC is a scam broker. In december 2018 I've made an account and got the no deposit bonus. I've completed all the requirements, but they've not processed my withdraw. I've sent them a lot of e-mails, and they said the withdraw was being processed. More than one month has gone and they now stopped answering my e-mails. Until I see my money, I recommend that no one deposit on FXCC. There are many other trusted brokers. My account number on FXCC is 88819208.

muraokaps   6 February, 2019  

Since 2011, i work with fxcc. I got all experience through losses and huge wins but what i like in fxcc is they really support me. Whether I need assistance with transactions, funds issues or I need to discuss trading ideas with personal manager, I always get answers. I only trade CFD on curenex and no need to work with other suspicious companies. fxcc offers 1:300 leverage and lots of good features available also.

McDonald   28 March, 2017  

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.

Anat   17 August, 2016  

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!

nisha.maihutra   30 September, 2015  

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 :)

alayoua   26 December, 2012  

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.

buck mister   9 October, 2012  
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