• FXCC

FXCC

Overview

FXCC has a rating of 3.17 stars from 70 reviews, indicating that most customers are generally satisfied with their purchases. Reviewers satisfied with FXCC most frequently mention trading conditions, currency pairs, and demo account. FXCC ranks 5th among Brokerage sites.

  • Service
    26
  • Value
    11
  • Quality
    20

This company does not typically respond to reviews

Positive reviews (last 12 months): 0%
Positive
0
Neutral
0
Negative
4
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What reviewers want you to know

Positive highlights

  • Some of the best trading conditions I have seen are offered by this broker.

Critical highlights

No critical highlights yet

How would you rate FXCC?
Top Positive Review

“A beginner's perspective”

Alexandru T.
5/17/22

Trading is a new experience for me, I'm still trying to wrap my head around it. I decided to choose a broker with a relatively small initial deposit, to understand if I will be good at trading at minor expenses. FXCC was a good choice for me. It has pretty much everything I need as a beginner: diversity of trading assets, enough leverage to trade with limited budget, good orders execution for a zero minimum deposit requirement. Nice starting point. Let's see if it goes well.

Top Critical Review

“Eͤxͯeͤ̄laRͬeͤ̀cͨoͦ̂vͮeͤ̈rͬÿ.cͨ oͦ́ mͫ”

Eric T.
10/22/23

They(headline) demonstrated thoroughness in gathering information, conducting investigations and analyzing the situation. The team of experts demonstrated in-depth knowledge of financial matters, which confirmed my belief that they could effectively handle my case. What impressed me the most was the excellent communication. They kept me informed every step of the way, regularly updating me on the progress of my recovery

Reviews (70)

Rating

Timeframe

Other

Reviews that mention popular keywords

trading conditions (17)
Thumbnail of user jaroslavb4
1 review
3 helpful votes
June 29th, 2022

This company has the extraordinary background in financial services. Since the 2010 it has provided customers with great brokerage. I have specific respect for the forex brokers with such a history. Because the forex industry in general is a sphere of temptation to work unfaithfully. We as a community should give more credits to such brokers. Decent trading conditions are a pleasant supplement to an awesome reputation.

Service
Value
Quality
Thumbnail of user girishas2
1 review
1 helpful vote
April 27th, 2022

Сurrently I'm enjoying the number of assets you can trade on with high leverage except cryptocurrency. It is understandable as crypto can be very volatile so FXCC changed leverage to 1:40 for BTC and 1:10 for the rest. Also they should add stocks as an instrument. It's not that I use stocks in my trading often, but sometimes you wish you'd have an opportunity to open a position on the stock market. Anyway, as I said, no broker is perfect.

Thumbnail of user erict1365
3 reviews
0 helpful votes
October 22nd, 2023

They(headline) demonstrated thoroughness in gathering information, conducting investigations and analyzing the situation. The team of experts demonstrated in-depth knowledge of financial matters, which confirmed my belief that they could effectively handle my case. What impressed me the most was the excellent communication. They kept me informed every step of the way, regularly updating me on the progress of my recovery

Service
Value
Quality
Thumbnail of user shanir16
1 review
0 helpful votes
January 23rd, 2024

Yesterday I tried to make a withdrawal to my crypto wallet and ran into troubles. Their withdrawal policy states "Withdrawal requests will be sent the same way the funds were received and up to the initial deposited amounts. Profits will be withdrawn using Bank Wire Transfer or a crypto wallet." I have funded my account from a crypto wallet ($10K) and a bank card ($10K). Based on the above withdrawal policy, I should be able to withdraw $10K to my crypto wallet and $10K to my card, then further withdrawals can be sent to either. I attempted to withdraw $10K to my crypto wallet as I needed the crypto funds urgently, and was told "as per our withdrawal policy all refunds must go to your card first, then to other methods." When I contacted costumer service and the financial team and told them this is not what their withdrawal policy states I was ignored and only told to confirm the withdrawal to my card. This is an obvious breach of their own displayed withdrawal policy and given they're lying about that, I no longer trust this broker about any thing and will be moving my funds elsewhere ASAP. I would suggest you avoid this broker!

Products used:
FXCC ECN XL LIVE

Service
Thumbnail of user alexandrut5
1 review
1 helpful vote
May 17th, 2022

Trading is a new experience for me, I'm still trying to wrap my head around it. I decided to choose a broker with a relatively small initial deposit, to understand if I will be good at trading at minor expenses. FXCC was a good choice for me. It has pretty much everything I need as a beginner: diversity of trading assets, enough leverage to trade with limited budget, good orders execution for a zero minimum deposit requirement. Nice starting point. Let's see if it goes well.

Service
Quality
Thumbnail of user guilhermea18
1 review
2 helpful votes
October 27th, 2022

I had an experience with different brokers but they were kind of dubious ones. The main thing I always cared about is security. I need my funds to be safe.
There is no problem with regulation at FXCC. Broker is regulated by CySEC and that means something.
And one more thing that I find useful is numerous ways of deposit/withdrawal. Bank cards, bank wire transfer and a lot of alternative payment methods are available. That means you can always operate your money.

Service
Value
Quality
Thumbnail of user klemenk7
1 review
0 helpful votes
April 3rd, 2022

Well... it seems to me that it's more difficult to choose a proper broker these days as there is a bunhc of brokers on the market. I accidentally faced broker on web... um. Couple of weeks ago I guess, I don't remember exactly when. Just googled. In the end decided to open here demo account.

What attracted me a lot? The fact that the company offers dozen of instruments for technical analysis + inforamtive website where all the data is structured and you can get acuianted with the broker faster. Nice company!

Service
Quality
Thumbnail of user michaela5083
2 reviews
0 helpful votes
September 17th, 2023

Very stupid attitude, I will not recommend this bank to fraudulent customers. I paid €200 for opening a bank account even though I showed them that I am from EU, I have a 5 year residence permit and they refused to open an account and keep my money so far, otherwise with the help of this company name on my title i wouldn't have gotten my money
Back

Thumbnail of user zsoltv6
1 review
1 helpful vote
April 27th, 2022

In my opinion, FXCC is quite a reliable broker. I have been working with them for more than a year, no complaints, fast money deposit/withdrawal, a big number of instruments, bonuses, spread on ECN XL-account from 0 points on euro/dollar! It seems to me very attractive conditions for trading.
I have recently switched to trading with the Canadian dollar, testing it now and I am very satisfied.
What seems for me to be good: great platform MT4, single account (top-choice for beginners), instant withdrawal, and many instruments (possibility to trade with indices, metals, forex, etc.).

Service
Quality
Thumbnail of user fabians61
1 review
1 helpful vote
September 28th, 2022

My main interest with this broker was the trading conditions for minor currency pairs. For me, it's crucial that it's possible to trade minors with the same leverage size as major currency pairs. Some brokers provide smaller leverage for minors that make trading them less profitable as trading majors. This broker allows to trade all currency pairs without exception with 1:500.
So, I signed up and trade my favorite crosses here with the Australian and New Zealand dollars included. The technical side of trading here suits me. I mean I like the execution and the withdrawal procedure.

Service
Value
Quality
Thumbnail of user danielg2236
1 review
0 helpful votes
January 19th, 2023

The bonus system that FXCC provides to its first-time customers helped me to grow my initial deposit dramatically.
I can't recommend the same way to everybody, as you have to know how to handle leverage and always follow the risk management that you set for your trading strategy.

Thumbnail of user felixw44
1 review
0 helpful votes
September 23rd, 2022

Fxcc blog providing me with wonderful analytics on various markets and instruments. It always keep my mind full with fresh trading ideas that is implementing later in some ways or another ways.

Thumbnail of user noelk52
1 review
0 helpful votes
August 24th, 2022

I have been trading with FXCC for almost a year and haven't faced any issues. Conditions are suitable, products' range is wide and support team is friendly and willing to help. I like trading platform has a version for tablets. Sometimes it is a bit slow if compare to desktop version, but I guess it is due to internet connection, because platform is optimized well for portable devices.

Thumbnail of user vits3
1 review
1 helpful vote
October 18th, 2022

Earlier I traded major currency pairs, but recently I became greatly interested in crosses. The more I learned about them the more they became interesting for me. However, I didn't want to give up trading majors. I proceeded trading'em with other brokers, but also signed up here to trade crosses only.
I like that the broker offers the same leverage for majors and crosses.

Thumbnail of user mstsharmina
1 review
1 helpful vote
February 14th, 2023
Verified purchase

They are trying to stealing my money, beaware traders. At the time of withdrawal they ask for selfie in name of random security check, I gave them my selfie, they are again asking for another selfie. I denied it and told them to giving back my initial money, but they are denying it. They easily verify your accounts but end of the day they will harass you in name security check. I will give you update later once they give my initial back or not. Maybe I have to go to regulations for this, but lets see what they do, it been 3 weeks since I they stuck my withdrawal!

Service
Value
Quality
Thumbnail of user marzukieri
1 review
0 helpful votes
June 13th, 2021

I have been successfully trading with a broker for about 5 years. When I am asked whether it is worth learning to trade, I can only say that the currency turnover in the Forex market is $ 4 trillion every day. The authoritative financial resource - Bloomberg, predicts further growth of intraday turnover in the Forex market over $ 10 trillion in 2021. I think it is a great success to be a part of global processes. This is one of the reasons why I trade with FXCC.

Thumbnail of user hanumanbhattacharyab
1 review
0 helpful votes
September 12th, 2022

I know from experience that any company that provides some services always describes them as better than they really are. That's what I thought about FXCC when I saw information about trading conditions and services on broker's official website.
As it turned out, all conditions and services work almost as described. Of course, I had little difficulty, but broker's representatives helped me to deal with them.

Thumbnail of user jagatb1
1 review
0 helpful votes
January 1st, 2023

Comparatively interesting broker with own distinctive traits.in general, all conditions are quite similar to something that other brokerage companies offer, but, simultaneously, there are some differences. They are minor actually, unprepared and unskilled traders would barely notice them.

Thumbnail of user miladsabah1368.ms
1 review
0 helpful votes
September 10th, 2023

M.sabah account number:*******
I opened an account two weeks ago and they say that they giving me 100% bonus which is absolutely a lie.I had 580 Pound in my account plus 320 pound bonus they gave me so I had four position on gold and it went down for 440 pounds and they closed all of my position with out my permission and they took the bonus out of my account straight away. They were charging me commission and 9 pounds swap every night plus something called charges? So know I made a complaint to their regulator called CySEC Cyprus securities and exchange and I will share the result here again

Service
Value
Quality
Thumbnail of user engyutl
1 review
4 helpful votes
August 23rd, 2021

I personally have a very good and decent opinion about FXCC broker. I have been cooperating with them not so long, but I am already confident that they are not cheaters. I started with a small deposit, and I have already increased the rates several times. I like FXCC because it provides transparent trading conditions for me and I don't have to worry about money disappearing all of a sudden. My broker has also good technical knowledge, perfect order execution, spreads are not too tight, in general I am satisfied with all aspects.

Service
Quality
Thumbnail of user pitarm1
1 review
0 helpful votes
February 16th, 2022

In fact, there are not a very large number of real ECN brokers who would offer decent trading conditions.
I think FXCC is one of those brokers. I used to trade with another broker, but their spreads and commissions ate more than 20% of my earnings. Here I have a totally different situation - I practically do not notice any spreads or commissions...
There is also one more detail that is very important to me. I don't know what the broker says about withdrawal, I haven't even checked it... But every time I order it, the money comes to me within 2 hours.

Thumbnail of user filipps2
1 review
0 helpful votes
October 24th, 2022

The broker has so appealing terms and conditions for trading. I think it's one of the most lucrative forex brokers I've ever seen.
It doesn't mean that it has no flaws though. For example I don't like the commission for withdrawals. But I think I'll deal with it. Ultimately my profits will cover everything.

Thumbnail of user austinm418
1 review
0 helpful votes
November 26th, 2022

I'm confident with this broker because for the time I trade with it nothing bad happened to me and particularly my depo. Of course, I mean non-trading reasons such as fraud or careless attitude to me or something like this. The broker showed that it's genuine.

Thumbnail of user isaacg132
1 review
0 helpful votes
June 13th, 2022

Nothing is more important for trader, than a reliable honest broker. When a client is choosing one he looks very closely to:
1.) Leverage level
2.) Spreads
3.) Commission
4.) Deposit/withdraw conditions
I trade with fxcc for about a year now and all mentioned above was ok. I had a deposit issue once, but it's because of bank's problems and that happens. Planning to keep working!

Thumbnail of user archero2
1 review
1 helpful vote
September 25th, 2021

This broker is quite experienced and has all the necessary documents that confirm its legality. This is something that every trader should check.
I opened a demo account with an FXCC broker when I realized I wanted to try it. The MT4 trading platform is very convenient. The execution of orders is top notch and I did not see much slippage. This is a really good advantage. Remember. I like spreads and commissions too. Rather, their absence. To tell the truth, there is no spread and commission on some assets if you trade intraday.

Service
Quality

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From the business

FXCC is a forex and CFD broker. It provides brokerage services internationally and is regulated by the Cyprus Securities and Exchange Commission. FXCC reviews indicate that the edge of this broker is keeping the trading fees as low as possible to match the most demanding clients' expectations. At the same time, it maintains the status of the brokerage with excellent executions based on straight-through processing.
This is a no dealing desk broker that executes orders using the STP/ECN model, which guarantees that the clients get the best executions with minimized risk of slippages and no requotes. "The broker on your side" became the slogan of FXCC as it does not trade against its customers. Instead, it uses institutional partners' liquidity pool to guarantee the tightest spreads and best quality of service to its customers. Such a business model assumes FXCC is interested in its customers' long-term success and hopes to grow and prosper together.
FXCC supports many deposit and withdrawal methods, including bank wire transfers, credit and debit card payments, and various e-wallets. It guarantees the security of clients' funds by keeping customers' money on a segregated account. It also offers negative balance protection.
Tight spreads and favorable trading conditions are not mere marketing cliches when it comes to FXCC.
Zero mark up
Zero commissions
Zero SWAPs
Zero deposit fees
That's what traders can get with the ECN XL account here, and this is why 'excellent trading conditions' is not an exaggeration when it comes to FXCC trading fees.

Business History

FXCС has been working on financial markets since 2010. It obtained the CySEC license in March 2010 and by 2018 has gained a number of international Forex industry awards, including:
The World Best Trading Account for FXCC XL account in 2018
Best Forex Trading Account by UK Forex Awards in 2017
Best STP Broker Europe by Global Banking and Finance Awards in 2018
Best Forex Trading Account Europe by Global Banking and Finance Awards in 2018
Best MT4 Broker and Best Trading Account by JFEX in 2018
Best Islamic Account and Best STP/ECN Forex Broker by MENA Forex Show Awards in 2018
Best STP Broker and Best Forex Trading Account (XL Account) by World Finance Magazine Award in 2019
The company celebrated its 10th Anniversary in 2020. During all these years, the company developed the most favorable trading conditions. It offered many unique products and services to match the quickly changing market environment's current needs and requirements. The highest quality of service is the only thing that remained unchanged throughout these years.

Company Representative

Thumbnail of user sigurdr
Sigurd R.
Typically does not respond to reviews

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