FXCC (FX Central Clearing) is an online forex broker established in 2010. Headquartered in Cyprus, the firm operates under the regulatory oversight of the Cyprus Securities and Exchange Commission (CySEC). FXCC specializes in forex trading, offering a wide range of currency pairs that include majors, minors, and exotics.
The brokerage employs the MetaTrader 4 trading platform, available on both desktop and mobile applications. It also provides a MetaTrader 4 MultiTerminal for managing multiple accounts simultaneously. FXCC’s trading environment is known for its low spreads and fast execution.
Customer support is available 24/5 and features a multilingual team capable of assisting traders worldwide. Educational materials, including articles, tutorials, and webinars, are also readily accessible to traders at varying levels of experience.
Stringent security measures are in place to safeguard client funds and data, fulfilling all necessary regulatory requirements.
FXCC Broker Review
Overview
- Website: FXCC
- Founded: 2010
- Headquarters: Cyprus
- Regulations: CySEC
- Minimum Deposit: $100
- Trading Platforms: MetaTrader 4, MetaTrader 4 MultiTerminal
Overall Rating: 4/5
Pros and Cons
Pros
- Competitive low spreads
- Wide range of forex pairs
- 24/5 customer support
- Educational resources
Cons
- Limited asset diversity outside forex
- MetaTrader 4 only; no proprietary platform
Usability
FXCC utilizes the MetaTrader 4 platform, known for its ease of use and robust features.
Features
MetaTrader 4 offers advanced charting tools, numerous technical indicators, and a wide array of Expert Advisors for automated trading.
Mobile App
The MetaTrader 4 mobile app is available for both Android and iOS, offering trading capabilities on the go.
Account Types
- Standard Account
- Minimum Deposit: $100
- Leverage: Up to 500:1
- Spreads: From 0.6 pips
Asset Coverage
- Forex: Over 30 currency pairs
Customer Service
Available 24/5 via live chat, phone, and email in multiple languages.
Deposit and Withdrawal
Methods
- Credit Card, Bank Wire, Skrill, Neteller, and others
Fees
- No deposit fees; some withdrawal fees may apply.
Regulation and Security
FXCC is regulated by CySEC and employs high-level security features, including SSL encryption, to protect client data and funds.
Conclusion
FXCC stands as a strong contender in the forex trading arena, offering low spreads and a wide range of currency pairs. While it may lack a diverse asset portfolio and proprietary trading platform, its strong customer support, educational resources, and regulatory compliance make it a viable choice for forex traders.
Disclaimer: Trading involves significant risks and is not suitable for everyone. This review is for informational purposes only and should not be considered financial advice.
