As a trader who prioritizes flexible charts that are easily scalable, I find MT5’s charting capabilities too rigid and less effective. Still, if low fees and fast execution are what you’re after, FXCC could be just the broker for you. Traders of all levels can deepen their knowledge through a variety of educational resources. Daily technical analysis is updated on the website with the latest information and a successful retest of the next momentum. These flexible deposit options make FXCC accessible to a wide range of traders, from beginners to high-frequency and institutional traders. However, no forex broker or strategy can guarantee positive returns so you should never invest more than what you would be comfortable losing.

Tradable Instruments

I was glad to see that FXCC has maintained its competitive pricing since my last review—and in some cases, like with the EURUSD pair, it’s even improved. The broker doesn’t charge deposit fees, and while some withdrawal methods may fxcc review involve third-party processing fees, FXCC has your back—it reimburses those fees when you fund your account. FXCC places a strong emphasis on technological advancements to provide traders with efficient and speedy trade executions. The broker utilizes cutting-edge infrastructure to minimize latency, ensuring that trades are executed promptly at the desired prices.

Company details

• Ordinarily, we prefer to see a choice between a commission-free account (geared towards beginners) and one with raw spreads and low commissions (geared towards advanced traders).
• FXCC maintains a nice balance of traditional payment processors like bank wires or credit/debit cards, modern e-wallets like Skrill or UnionPay, and cryptocurrencies.
• I always recommend that traders check them before evaluating the total trading costs.
• By continuously updating its security protocols, FXCC guarantees a secure trading environment for all its users.

Since I was the only person in the queue, an agent connected within a couple of seconds. I proceeded to ask a series of questions about FXCC’s general offering, customer support, margin policy, trading fees, and more, and received quick and satisfactory answers in all cases. FXCC stands out with its unique ECN XL account, which blends features of both Classic and Raw accounts. In some cases—like with the EURUSD pair—spreads can drop to 0.0 pips, allowing traders to open positions with virtually no cost. FXCC welcomes traders from a wide range of countries across the globe, offering its services to a diverse international client base.

What are the minimum deposit requirements for different account types?

We are also a community of traders that support each other on our daily trading journey. The trading conditions there are very favourable for scalping trading style, as the fees are low, allowing to open a great deal of positions throughout the day. The platform feels really smooth, its easy to find tools and also navigate, there are also no commissions and deposit fees which makes it more affordable. My first reaction when I saw that they have only a single acc was disappointment but after finding out how many benefits I get, i Literally changed my mind. It doesn’t have any commissions for trades, spreads are tight, additionally the hedge mode is allowed to be used and thanks to this I can open long and short positions on Bitcoin and Ethereum simultaneously. This is a good strategy to survive in the crypto market cuz BTC can range from $95,000 to $102,000 and then fall by $5000 in one day easily.

We offer impartial reviews of online brokers that are hand-written, edited and fact-checked by our research team, which spends thousands of hours each year assessing trading platforms. The very first thing I noticed when I started trading with the ECN XL account was the instant execution. I was trading with another broker previously, and after I pressed the buy or sell button, there was a little time to wait for the trade to be executed. So many times my trades were executed at a different price than the one I saw on the chart.Here things are completely different. Plus the spreads are tight.My overall trading experience and profits improve by far just by changing the broker I trade with. Positives are the no minimum deposit, free demo account and excellent support, however it lacks the educational tools or social trading features provided by category leaders like eToro.

Please visit the company’s website for a list of all payment methods. FXCC deposits are free, easy, and instant (if you pay by card or crypto). You could also receive a 100% bonus on your first deposit, up to US$2,000. This means when I swtich to real account, I can have the SAME experience and will not be prone to execssive emotions👍 Demo is like a guinea pig where you can actually test out the strategy.🎯PS.

Accounts & Banking

This dedicated server can handle multiple platforms and accounts, run automated programs, and ensure smooth trading operations. FXCC minimizes non-trading fees, offering a highly transparent fee structure. The broker does not charge any fees for inactivity or deposits on certain account types, allowing traders to maintain and fund their accounts without worrying about hidden costs. However, some account types may have minimal fees based on trading volume or specific services.

Overview of Trading Platforms

This place is actually secure and you don’t expect them to be multi regulated, they don’t go around advertising it in every corner, this is how I know they are legit tho. Single account is fine by me becasue I don’t look for that fancy stuff. It’s all because here i’m getting more profits compared to other brokers that i’ve used – the low fees are key factor.

FXCC Review 2024: Is it the #1 ECN Forex Broker (Real Talk)

• That’s a key factor for me and that’s why I decided to join them and I can say since the moment I started trading through this broker I didn’t have any problems.
• Our FXCC review experts found that the ECN Standard account had the easiest entry point with an initial deposit of $100.
• We are also disappointed with FXCC’s monthly inactivity fee of $5, imposed when your account is not funded or you execute no trades over a period of 120 days.
• This type of trading model levels the playing field with more transparency and a greater degree of control over your trades.

Major factors in determining the quality of a broker’s offer include the cost of trading, the range of instruments available to trade, and general ease of use regarding execution and market information. To evaluate brokers, we test the accounts, trading tools and services provided. Over 200 data points are considered, from minimum deposits and trading fees to the platforms and apps available.

Forex

That’s a key factor for me and that’s why I decided to join them and I can say since the moment I started trading through this broker I didn’t have any problems. Like, they dont lure you in with leverage, dont create 15 account types. They dont have their own cooked up half-working trade platform, instead its tried and tested MT4 which is the best trading platform for retail by far. FXCC is a low-cost brokerage with no commissions and spreads that are generally competitive, especially on currency pairs.