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.
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I started to use FXCC in 2017, it was good before and I even recommended the company to my family and friends. However, the good service was already a history and now its become an absolutely scam. I repeatedly chased FXCC Finance for the withdrawals in June but did not receive any response from them at all. To this point, the total withdrawal amount of USD58,137 for four accounts has already been requested for more than 3 weeks already but still not being processed! This is totally unacceptable and it is extremely irresponsible for FXCC to withhold the withdrawals without any reason. So for the new traders, stay away from this scam company. For the victims, please raise complaint to CySec, so that these regulatory authorities can impose some pressure to FXCC or even strike off its license to preempt further unjustifiable activities on the side of FXCC.
STH 21 June, 2020 Reply
Hi, after reading your posts, I realised that your situation is very similar to mine (you can read my review dated 8 June). For your information, my withdrawl was only approved (by FXCC's legal department) and processed on 23-Jun-2020 (about 4 weeks) after my withdrawl request on 28-May-2020. I fully understand your anxiety as I have experienced the same situation before. I hope that you will be able to get back your money some day.
CHE 25 June, 2020