FXCC Review and Information 2024

Established in 2010, FXCC emerges as a foremost STP/ECN broker, with a focus on Forex and CFDs, rendering institutional-grade services and economical trading possibilities to retail clients eager to explore a broad array of products. With its stringent adherence to CySEC regulations, FXCC grants clients access to a consummate Forex model STP/ECN, establishing itself as a non-market maker, distinctly separating it from Dealing Desk brokers.

A Paradigm of Integrity and Client-Centric Approach

Every client at FXCC is bestowed with identical trading conditions, ensuring immediate execution of all trades with zero delays or re-quotes. The alignment of FXCC with client trades facilitates counter-party executions, showcasing FXCC’s unwavering commitment to client interests, making it a reliable ally for traders.

FXCC presents a plethora of advantages including premier trading conditions, instructive educational tools, and the incorporation of the renowned MetaTrader 4 platform. It stands out by offering highly competitive spreads, a transparent execution model, and a welcoming environment for any trade strategy, devoid of any commission.

The ECN XL Account: A Pinnacle of Trading Efficiency

FXCC offers a singular account type – the “ECN XL Account”, known as the “ZERO” account, characterized by variable spreads starting from 0.0 pips, maximum leverage of 1:500, depending on regulation, and devoid of trading commission and deposit fees. An exclusive swap-free account option is available for Islamic traders, assuring that FXCC’s offering is exemplary and inclusive.

Distinguished Features of FXCC

• Unparalleled Spreads: Frequently, spreads in EURUSD and USDJPY are at 0.0 pip.
• No Trading Commission Fees: FXCC ensures cost-effective trading with no hidden charges.
• Openness to All Trading Strategies: Whether it’s hyperactive, news trading, scalping, FXCC accommodates all strategies, making it an ideal choice for scalpers and day traders.
• Esteemed Partnership Program: Partners receive personalized attention, exceptional trading conditions, tailor-made partner portals, and global payment options.
• Unmitigated Transparency: FXCC consistently provides real-time, executable spreads for popular instruments, assuring utmost satisfaction in declared trading conditions.
• Swap-Free Islamic Accounts: Available on request, ensuring no hidden charges or swap fees, FXCC holds the right to refuse provision as deemed necessary.

Comprehensive Product Portfolio

FXCC’s extensive product range includes over seventy Forex pairs, cryptocurrencies, indices, metals, and energies. With indices from various global markets, diverse metal trading options against the US dollar and the euro, a broad spectrum of cryptocurrencies, and spot oil trading, FXCC stands as a versatile trading platform.

Advanced Trading Technologies

Utilizing the MetaTrader 4 platform, FXCC provides flexible trading systems, extensive technical analyses, algorithmic and mobile trading for various devices. Traders have access to a range of Forex tools providing invaluable insights into Forex trading trends, including Forex calculators, live quotes, market hours, and more.

Specialized Offers & Enhanced Trading Experience

FXCC also provides several lucrative offers, including a Virtual Private Server (VPS) and, depending on regulation, a first deposit bonus, ensuring accessibility, security, and speed for traders. These elements, along with the Forex ECN XL trading account, ensure a seamless and enriching trading experience.

Striving for reliability, transparency, and fairness, FXCC has been recognized multiple times at the UK Forex Awards, echoing its decade-long industry experience and commitment to trade execution reliability through its Straight Through Processing (STP) business model. This approach negates any conflicts of interest or price mark-ups, corroborating FXCC’s stance as a trustworthy partner in trade execution.

Concluding Remarks

FXCC, with its extensive offerings, superior trading conditions, and a robust commitment to transparency and reliability, remains a preferred choice for traders. While every broker has its unique set of pros and cons, the advantages of trading with FXCC significantly outweigh the cons, making it a vibrant trading hub in the financial marketplace.

Our Mission

Our raison d'etre is to craft the most customer-oriented proposition within the industry. We are unwaveringly devoted to fostering our clients' prosperity, presenting competitive pricing through the most equitable and transparent order process in the retail forex trading market. FXCC's primary ambition is to equip our clients with the requisite tools to hone their skills and relish an unparalleled trading experience at every phase of their voyage.

FXCC’s ECN/STP model affords professionals, active traders, hedge fund managers, and corporate clients the luxury of accessing real-time streaming and competitive prices, directly procured from preeminent multibank liquidity providers.

Our modus operandi hinges on Straight Through Processing (STP), a conduit through which all FXCC client's orders are transmitted directly to eminent and adept Financial Institutions, obliterating any scope for price mark-up or any conflict of interest with our clients. This execution model promises no dealer intervention, and no re-quotes, ensuring trades are made on prices furnished to FXCC by its liquidity providers. The Price Aggregator meticulously scans these, thus assuring traders invariably acquire the best available Bid/Ask price combinations.

Why Choose FXCC? Experience the Difference

• Experienced and Established. With over a decade in the industry, FXCC has persistently striven to transcend the best procedures and processes to meet and exceed your expectations. We leverage our profound knowledge and experience to comprehend our clients' needs, support traders in realizing their aspirations, and attaining their investment goals.
• True STP Execution. FXCC ensures that all orders are executed in the most competitive and transparent manner, in an ECN environment, thereby escalating your trading opportunities and potential success.
• Customer-Centric Approach. We are unwaveringly committed to minimizing your trading costs and maximizing your trading potentials. The ECN XL, also christened as the ZERO account, is a paradigm of cost-effective trading accounts in the market.

We are not just another broker in the industry; we consider ourselves trailblazers. Whether you are a novice or a seasoned professional, we are poised to assist you in your trading ambitions. Our motto, “a broker on your side,” epitomizes our commitment to your success.

Transparent and Manipulation-Free Trading Environment

Our clientele is assured a transparent trading and manipulation-free environment; your orders are directly sent to the market and matched with no dealing desk interference, providing the best quotes and fills the market can deliver.

We empower traders by furnishing first-class research material and relevant, detailed information to aid your decision-making process, as opposed to the conventional packaged articles and confusing array of numbers delivered by other brokers.

Our introduction mirrors the clear, concise, and precise individual service we render to our clients. If you have experienced other brokers, allow us the privilege to demonstrate why we consider ourselves unparalleled in the industry.

FXCC Reliability

We have manifested our motto of being “trustworthy, transparent, and fair,” not just in words but through our actions and services. We value each client with utmost respect and consideration and strive to remain at the forefront of technological advancements to ensure our customers experience simplicity and customer care above all.

In essence, FXCC is more than a broker; it is a reliable partner in your trading journey, always ensuring that you have the right tools and environment to succeed. By choosing FXCC, you are not just selecting a broker; you are opting for a transparent, fair, and customer-centric trading experience, augmented by our continual strive for excellence and improvement in the financial domain.

ECN XL Account: A Gateway to Seamless Trading

Immerse yourself in the realm of unadulterated straight through processing and elevate your trading journey.

• Zero Deposit Fee: Embark on your trading odyssey with optimized cost-efficiency.
• Competitive Forex Spreads: Propel your trading with market-leading spreads.
• 24/5 Customer Support: Relish the consistent support tailored to enhance your trading experience.

Opt for the distinguished and award-winning XL ACCOUNT, the pinnacle of forex accounts, meticulously crafted for the discerning trader.

Amplify Your Trading Experience

• Minimum Deposit $100: A gateway to trading excellence starts with just $100.
• Zero Deposit Fee: Experience the zenith of cost-effective trading.
• Free VPS & SMS Service: Stay informed and trade uninterruptedly.
• Access to Advanced Trading Tools: Elevate your trading strategies with cutting-edge tools.
• Free Daily Technical Analysis: Empower your daily trades with comprehensive market insights.

Why Settle for the Ordinary?

Experience Excellence with No Extra Charge! Bestowed the “Best Forex Trading Account” by traders and industry connoisseurs at the UK FOREX Awards 2017, the XL Account stands as a symbol of FXCC’s relentless pursuit of enhancing retail offerings for its esteemed clientele. This award, a reflection of independent endorsements by traders, underscores FXCC’s commitment to innovation and service excellence.

The ECN XL Account: A Synthesis of VIP Services & Cost-Efficient Trading

Traders are lavished with a unique concoction of premium services and low-cost trading solutions, rendering the ECN XL Account as the unanimous choice for traders around the globe.

True STP/ECN Execution: A Paradigm of Transparency & Competitiveness

All orders are orchestrated to execution with unparalleled competitiveness and transparency. The straight-through processing in an ECN environment augments your trading opportunities and escalates your success trajectory. Clients of FXCC can delve into forex trading instantly, leveraging live streaming and the finest executable prices in the marketplace with immediate confirmations. The absence of a dealing desk and no re-quotes ensures a seamless trading journey.

Harness Additional Benefits

Minimize your trading expenditures and unveil your trading potentials! The ECN XL Account stands as one of the most economical gateways to forex trading. Access via our award-winning XL Account over the MT4 platform, accords traders of all expertise levels an optimal choice, enabling them to kickstart their forex trading under exceedingly competitive conditions.

Immerse in our diverse array of trading platforms, compatible with all operating systems – Windows, iOS, and Android. Enhance your trading endeavors with indispensable analytical and charting tools, ensuring a well-rounded and informed trading experience.

Our Distinctive Business Framework

At FXCC, we thrive as an ECN forex broker embodying the essence of No Dealing Desk, a foundational element of our distinctive business model, deeply rooted in Straight Through Processing (STP) within a meticulously configured electronic network – our ECN/STP FX trading model. This model orchestrates an environment where every client’s order finds its match amidst various qualified and competitive financial institutions, culminating in a diversified and esteemed pool of liquidity providers.

This model eliminates the possibilities of price or spread manipulations and assures no conflicting interests between FXCC and our valued clients, ensuring a transparent, unadulterated trading milieu.

Fostering Liquid Partnerships

Believing firmly in the significance of having a multitude of liquidity providers in the ever-evolving forex market, we’ve cultivated robust relationships with globally acknowledged financial institutions. We aim to provide our clients with the most competitive forex spreads available, even under turbulent market conditions and during pivotal data and news releases, ensuring a sustained trading advantage.

Dynamic Price Aggregation

Our advanced Price Aggregator continually scrutinizes the Bid/Ask prices entering our ECN system, displaying the optimum price combinations sourced from our liquidity providers. This dynamic pricing mechanism creates a professional trading sphere for all levels of traders, opening avenues for enhanced profitable trading.

Trading Model Synopsis

FXCC’s model empowers clients with direct access to a liquid forex ECN model where everyone receives equal access to the same liquid markets with instantaneous trade execution without any delays or re-quotes. Our stance as a Non-Dealing Desk broker ensures there’s never a conflicting interest with our clients, and our trades remain anonymous to our liquidity providers.

Unlike Dealing Desk brokers, FXCC never opposes client trades, ensuring a seamless and transparent trading experience. The potential for stop loss hunting or spread widening is meticulously eliminated.

Unwavering Commitment to Transparency & Security

We at FXCC steadfastly commit to upholding unparalleled transparency in trading while ensuring the utmost security of your funds. The safeguarding of our clients’ investments, privacy, and security is our foremost priority, allowing our clients to trade with peace of mind under our regulated brokerage. In doing so, we empower traders to focus solely on their trading endeavors, entrusting us with the stringent protection of their investments.

Robust Regulatory Framework

• CySEC Regulation. FX CENTRAL CLEARING Ltd holds esteemed authorization and regulation as a Cyprus Investment Firm (CIF) by the Cyprus Securities and Exchange Commission (CySEC), under Licensing Number 121/10, cementing our commitment to regulatory compliance and client security.
• ACIIF Membership. As an integral member of the Association of Cyprus International Investment Firms (ACIIF), FX CENTRAL CLEARING Ltd is part of a collective of Cyprus Investment Firms (CIF’s) that are all regulated by CySEC, reinforcing our adherence to high regulatory standards.
• MiFID Application. We meticulously apply the Markets in Financial Instruments Directive (MiFID), fostering a harmonized and robust regulatory environment for investment services throughout the European Economic Area (EEA).
• ICF Protection. Our membership with the Investor Compensation Fund (ICF) is designed to secure the claims of covered clients against CIFs in the event of inability to fulfill client claims, providing an additional layer of protection.

Building Trust through Transparency

We believe in fostering long-term cooperation grounded in mutual trust. Operating under a true STP/ECN model, FXCC endeavors to provide the trading conditions that traders aspire to achieve, earning the respect and trust of our clients and ensuring their best interests are at the forefront. This approach guarantees unmatched transparency and eliminates any conflicts of interest.

Advanced Risk Management

FXCC rigorously identifies, assesses, and manages each type of risk intrinsic to our operations, emphasizing a proactive approach to risk mitigation.

• Client Fund Segregation. Ensuring absolute security, all client funds are meticulously housed in segregated accounts, distinct from any FXCC corporate accounts, reinforcing our commitment to client fund protection.
• Association with Leading International Banks. To fortify the security of our client’s funds, we collaborate with leading international banks, manifesting our unwavering dedication to safeguarding client assets with utmost integrity.

FXCC’s philosophy is rooted in a commitment to transparency, security, and regulatory compliance. By being a part of esteemed regulatory bodies and applying stringent measures, we ensure that our clients trade with serenity, focusing on their trading strategies while we handle the safeguarding of their investments with unyielding dedication and integrity.

Unrivaled Transparency and Competitive Spreads

We prioritize providing transparent pricing coupled with competitive forex spreads and the most cutting-edge trading platforms. We equip our clients with all the essential forex trading tools needed for success, including access to MetaTrader 4 forex software. Our unique ECN bridge allows clients acquainted with MetaTrader to continue leveraging their preferred forex trading platform in a refined ECN/STP environment, ensuring a seamless fusion of familiarity and innovation.

As a regulated broker, FXCC is unwavering in its commitment to offering its clients tight and competitive spreads. By doing so, we aim to create an optimized trading environment where the incurred costs are minimized, allowing traders to maximize their potential profits and maintain robust financial health. This adherence to providing low spreads is reflective of our dedication to empowering our clients in their trading endeavors.

Upholding Security: Our Foremost Objective

FX Central Clearing Ltd stands out as a distinguished entity within the financial services sector, diligently regulated by CySec (Cyprus Securities and Exchange Commission, License Number: 121/10). We operate under the comprehensive framework of the Investment Services and Activities and Regulated Markets Law of 2007 (Law 87(I)/2017), ensuring our adherence to the stringent rules and regulations laid down by CySEC. We establish multiple layers of security to assure that funds entrusted to us by our clients are enveloped in unparalleled safety.

Client Fund Segregation: A Pillar of Trust

In alignment with our steadfast commitment to client security, all client funds are meticulously held in segregated accounts. These are unequivocally distinct from any and all FXCC corporate accounts, a measure that fortifies the integrity of our clients’ assets and builds an enduring foundation of trust and reliability.

Investor Compensation Fund: A Layer of Assurance

Our membership with the Investor Compensation Fund (ICF) is a testament to our dedication to providing an added layer of financial assurance. This arrangement is an integral part of our security apparatus, aimed at fortifying our clients’ confidence.

Robust Regulatory Structure: A Beacon of Compliance

Our regulatory compliance extends beyond our CySec regulation in Cyprus, manifesting in our possession of the MiFID passport for financial services firms within the broader realm of the European Union. This comprehensive regulatory alignment underscores our unwavering commitment to maintaining high standards of compliance, transparency, and ethical conduct.

Firm Commitment to Secure Operations

Our relentless pursuit of operational security is anchored in our solid regulatory framework, meticulous segregation of client funds, and our fortified association with the Investor Compensation Fund. Each of these elements interweaves to form a robust tapestry of security, reflecting our unwavering resolve to protect our clients’ assets and interests.

At FX Central Clearing Ltd, our overarching goal is to manifest an environment characterized by unassailable security and trust. Our meticulous adherence to regulatory mandates and proactive measures to safeguard client assets symbolize our enduring commitment to providing a secure, transparent, and conducive trading environment, allowing our clients to focus on their financial objectives with absolute peace of mind.

FXCC: Pioneering in ECN - STP Forex Brokerage

FXCC stands as a quintessential ECN - STP broker, diligently aligning every trade that our clients make within an Electronic Configured Network (ECN), facilitated through a Straight Through Processing (STP) method. Unswervingly, we refrain from operating a dealing desk or engaging in forex market-making. These pivotal elements are foundational in guaranteeing that our clients experience the utmost transparency when accessing the FX markets.

An Insight into Market Structure

Brokers utilizing dealing desks and market-making often offer fixed spreads, signaling that the provided spreads may not emanate from a genuine, efficient, and organic marketplace. For instance, the quoted spreads might be subject to alterations in alignment with the broker's real-time exposure to markets, which is contingent on the volumetric flow of trade being managed by the broker at any specific moment.

Key Advantages of Navigating FX via FXCC's ECN - STP Model

• Forex Trading Excellence: Engage in a transparent ECN environment that facilitates optimal forex trading experiences, backed by comprehensive trading tools and resources.
• Economic Calendar & Live News Updates: Stay abreast of economic events and market fluctuations with our real-time economic calendar and live news updates, allowing you to make informed trading decisions.
• Global Payment Solutions: Experience ease with diverse and global payment methods, ensuring seamless transactions and financial interactions.
• Non-Dealing Desk Operation: FXCC operates without a dealing desk, offering full STP brokerage and ensuring no conflict of interest with our clientele.
• Leverage & Spread: Avail variable leverage options and benefit from very tight forex spreads, enhancing your trading conditions.
• Cutting-Edge Charting Tools & Platforms: Leverage state-of-the-art charting tools and innovative platforms to analyze market trends and make well-informed trading decisions.
• Daily Technical Analysis & Educational Resources: Gain access to daily technical analysis and a plethora of free educational materials, designed to enrich your trading knowledge and proficiency.
• 24/5 Professional Customer Support: Our team of professional customer support is at your service 24/5, ready to assist you with any queries or issues, ensuring a smooth trading experience.

FXCC’s commitment to providing an ECN - STP model enables our clients to experience an unparalleled level of transparency and efficiency in forex trading. The synergy of innovative trading tools, comprehensive market insights, and a seamless trading environment makes FXCC a preferred choice for traders seeking integrity and excellence in the world of forex trading. Our unwavering focus on customer support and educational empowerment underscores our resolve to foster a conducive and informed trading ecosystem for our clients.