One should know that Forex trading or any other kind of trading involves high risks, and is not suitable for everyone. What else to expect from a modern European broker than the Meta Trader 4 platform. FXCC also offers this ultra-popular platform in all its forms and shapes. First, we have the MT4 desktop version, then the MT4 Multi Terminal, and the Mam platform for professional investment managers. The MT4 is still the number 1 among the platforms, and no other platform offers more than this piece of wonder.
FXCC offers competitive conditions in terms of costs, with most spreads meeting the industry average. The ECN XL account does not have any commissions or fees on deposits and withdrawals, but this does not apply to the ECN Advanced account. There is a small ‘Dormant’ fee for inactive accounts.
While an FXCC no deposit bonus does not exist, FXCC offers a 100% first deposit bonus with a $2,000 limit. Terms and conditions apply, and I urge traders to read and understand them before accepting the incentive. FXCC occasionally introduces other bonuses and promotions, which have included a $50 FXCC no deposit bonus or annual interest on free margin. New traders have access to fourteen quality educational posts plus a dedicated section on major economic reports.
I liked that they put quite a lot of effort into supporting and helping clients – training, analytics, economic calendar. To be honest, I had doubts at first, but then I checked the spreads and the speed of order execution. I was surprised and decided that I would continue to trade here. The minimum amount for withdrawal of money here is only 50 $. I thought that I have many chances to start making money online.
FXCC is it a scam? Reviews and description
Such a business model assumes FXCC is interested in its customers’ long-term success and hopes to grow and prosper together. FXCC has a consumer rating of 4.66 stars from 88 reviews indicating that most customers are generally satisfied with their purchases. Consumers satisfied with FXCC most frequently mention trading conditions, demo account and low spreads.FXCC ranks 3rd among Brokerage sites.
I hope I will reach this goal in a couple of years. You know that novice traders often trade small lots such as 0,01 or 0,1 and are prone to withdrawing money frequently, nearly every day. I didn’t regret it, even later praised myself for making such a decision, especially after I got my first $1,500 on dollar and pound pair trading. It was easy, I bought the currency cheaper and sold it with a markup, then I managed to catch some very good movements. At this stage I am trying to increase my earnings by applying new strategies, so far it is also more than good, I already have $450 extra money.
The mobile application is available for all devices and operating systems. In the age of the Internet, it is not difficult to find a good broker. It will be much discussed and recommended by people, organizations, and the media.
Major Currency pairs, commission fees, data contained, trades, interest rates, complex instruments, open trades, log-in details are regulated by exchange commission Cysec. Real money is traded with proper market conditions through multiple devices. Past performance, central clearing, major pairs, small deposit, lowest spreads, risk appetite are all valuable along with the regulatory restrictions. DailyForex.com adheres to strict guidelines to preserve editorial integrity to help you make decisions with confidence. Some of the reviews and content we feature on this site are supported by affiliate partnerships from which this website may receive money. This may impact how, where and which companies / services we review and write about.
FXCC uses fake accounts
Various alerts are built into the system, to help FXCC traders on a fully secured trading platform. The MQL4 language is enhanced with customized indicators, scripts, libraries, and more. Each of these account options comes in a risk-free demo account as well. The demo accounts are provided as a courtesy to traders, to test out the financial markets under real world trading conditions. Clients are given $10,000 in demo trading funds, and have access to economic news & analysis, charting functions, and the internationally acclaimed MetaTrader 4 Forex trading platform. I need a good company that gives me the opportunity to make good money.
Is FXCC regulated?
FXCC Regulatory Environment
FX CENTRAL CLEARING Ltd is authorized and regulated as a Cyprus Investment Firm (CIF) by the Cyprus Securities and Exchange Commission with Licensing Number 121/10.
FXCC always keeps the highest level of security for our clients. Our reliability is provided by the most respectable coinberry review regulation authorities on the market. We’re very serious about it because reputation is our main asset.
FXCC demo accounts
Traders tend to underestimate customer support, but it might be a crucial feature in moments of crisis. In our rating, we check the contact methods available, how accessible a live agent is and how helpful the responses are. This information will allow you to know if a broker can provide full support when you need it. FXCC’s mobile app has the same functionality as the desktop version but it’s more difficult to use. This is owing to a problem that is inherent to most such apps. A comprehensive technical analysis is best carried out on screens with high resolution, which is quite difficult to do on a typical smartphone.
FXCC broker delivers dedicated support by the professional team and good trading environment based on quality technology. FXCC instrument range is good and spreads are within average. And since FXCC operates as an STP broker without a dealing desk, its spreads are competitive, and the speed of trade execution is fast. FXCC really gives the impression that it is actively looking to foster strong broker-client relationships. Research options provided by brokers may not be seen as the most important feature for some traders, but they can give you an edge over the competition.
At the same time, the server is available 24-7, and is supported by modern software. After a long time of searching and comparing, I chose the FXCC broker. It is a regulated company that provides quality access to the financial market. For this, there is a high-quality professional trading platform METАtrader 4. Perhaps someone will think that one type of software is not enough.
The main aim is to start promoting the FXCC broker website by driving traffic to their websites. This broker provides a wealth of training tools, many of which are fundamental in nature, such as tips on how to read Forex charting and learn the Forex market step-by-step. Many evaluations will tell you which direction the winds are blowing in the global commercial industry.
How do I know I can trust these reviews about FXCC?
I believe that it is an open secret that it is not an easy task to find a good broker for scalping. In most of the cases brokers try to stay away from those traders who tend to make ultra short deals. Brokers are just afraid of losing their official regulation as such deals are considered to be suspicious municipal market monitor in arbitrage trading which is prohibited. FXCC allows scalpers to trade freely as they wish. The company’s top managers seem to believe that every trader should have access to all available financial instruments. They made it so that I could access forex, cryptocurrencies, indices, metals and energies.
So once upon a time he earned big amount and shared with me how he did to. Of course i decide to learn how to trade and he tell me everything i should know. Yesterday tried to download mobile application and set it up. No complaints, the only thing is that I faced some freezes and requires. Probably everything because of weak internet connection.
FXCC Review 2022
I don’t want to say that this broker has a lot of downsides. It’s really good and I can only praise its trading contisons, in particular good spreads, no swaps and no commissions. Nevertheless, I a difficulty getting used to this broker because of its high minimum withdrawable amount, which is fifty bucks.
Is FXCC good broker?
FXCC is solid and reliable broker
FXCC always keeps the highest level of security for our clients. Our reliability is provided by the most respectable regulation authorities on the market. We're very serious about it because reputation is our main asset.
The app offers most of the same features available on the MT4 desktop version, though they are compressed and altered for smaller screens. The ease of use inevitably suffers when a technical analysis has to be conducted on a lower resolution smartphone. Nevertheless, the app is still useful for quick checks on the account’s performance and possibly making changes to the open positions on the go. FXCC incorporates MetaTrader 4, which may be difficult to get used to at first, especially for newbies. Nevertheless, as the most popular platform in the world, MT4 has all the essential tools a trader may require. The platform allows for the execution of sophisticated orders to match the needs of traders with varying styles and experiences.
Exchange rates are influenced by a variety of factors like upcoming and political environments that can affect that respective country’s economic condition. There are also forex calendars that can help schedule upcoming events that can cause volatility of the currency markets. It is also available for PC, tablet, and smartphone users! FXCC MetaTrader manages multiple accounts for you, and expert Advisors are compatible with this tool. Accessing the platform straight from the website is a great option for users with MacOS. The energy sector is one of the most important sectors in terms of its impact on society.
The topics that are covered by those are probing and informative. Does anyone have experience with customer service? I want to know about communication quality between company and customers. We have seen many brokers who offer too little payment methods, as well as the opposite, brokers who offer more than 10 payment methods. FXCC can be regarded as the golden middle with its decent number of funding options. They are wire transfer, credit cards, e-wallets including Neteller, Skrill, Sofort, CashU, Paysafecard, and Rapid Transfer.
So, does anyone know what is the maximum leverage here? I have several accounts myself and I only use the strengths of each broker. I’ve read the reviews of FXCC broker here and wanted to share my opinion. The FXCC broker has a wonderful educational center where you can find all the basic information for Forex trading. Another important thing is the withdrawal of money.
The main thing is not to make your account «idle» for a long time. Regarding the FXCC withdrawal, I also have no complaints, this moment is organized quite transparent. So that you can quickly figure best trade school degrees out how quickly you will receive your money. As far as I have noticed, they have speedy withdrawal period. So under any circumstances you remain the owner of your money and you can safely trade here.
This trading platform requires Windows 2007 or 2008, Vista, or Windows XP. Smartphone and tablet functionality is also available for Android and iOS devices. Clients simply need to download the mobile trading platform, install it, and login. There are some 30 technical indicators on this powerful trading platform. The apps can be downloaded at the App Store, or the Google Play Store. FXCC features multiple account types including the ECN standard account, the ECN XL account, and the ECN advanced account.
The FXCC brokerage suits all my needs as a forex trader as the company focuses on Forex as the primary sector. I was surprised to see how low spreads are, especially for major pairs intraday, when the trading volume is not so large. The MT4 platform is reliable, I can enter the market immediately. I also like flexible leverages for different trading strategies. There’s no need to place a stop-loss order at a certain distance from the entry point, no restrictions for scalping or hedging. I started working with this broker because it is regulated by CySEC.