Are you in pursuit of a top-tier forex trading experience? Look no further. <a href="https://www.fxcc.com/" rel="noopener noreferrer" target="_blank">FXCC</a>, a leading brand under FX Central Clearing Ltd, is your gateway to the world of forex, cryptocurrencies, metals, indices, and more. In this comprehensive 2023 review, we'll delve deep into the intricacies of FXCC to unveil its strengths and weaknesses, ensuring you make an informed choice for your trading journey. <img src="https://cdn.forexoverflow.io/images/1698125051753-7u44xy1wz0uho4k-fxcc.png"> <h2>FXCC Overview</h2> FXCC, short for FX Central Clearing Ltd, is a forex and CFD broker with its headquarters nestled in the serene landscapes of Saint Vincent and the Grenadines. Established in 2010, it has rapidly ascended the ranks in the industry, bolstered by its CySEC license and unwavering commitment to MiFID regulations. What sets FXCC apart is its adherence to an ECN/STP model, guaranteeing impeccable trade execution and competitive pricing, devoid of any intervention or re-quotes. With a portfolio that spans forex, cryptocurrencies, indices, metals, and precious metals, it's a trader's haven. <h2>FXCC's Platform</h2> FXCC extends the powerful MetaTrader 4 (MT4) platform to all its clients. This user-friendly interface is accessible on multiple devices and web browsers, although not compatible with Mac. The platform is your arsenal, equipped with an array of advanced trading features. Over 50 technical indicators for in-depth technical analysis, market orders, pending orders, stop orders, and embedded tick charts facilitate accurate analysis. What's more, you can program your automated trading bots using MQL4, the MetaTrader's programmable language. For professional traders looking to manage multiple accounts seamlessly, the Multi Terminal option offers an impeccable solution. It empowers you to hedge, scalp, and simultaneously trade on an unlimited number of accounts. Moreover, the MAM (Multi Account Manager) software caters to the needs of investors trading on behalf of clients. It's replete with features like five lot allocations, Expert Advisors, unlimited accounts, and STP on the master account for bulk order execution. Mobile traders can rejoice as the MT4 mobile app is your gateway to trading on the go. Available for iOS on iPhones/iPads and Android devices, it has received acclaim for its intuitive interface, reliability, and an array of features, including technical indicators, various timeframes, live market prices, an economic news feed, and easy deposit and withdrawal options. <h2>FXCC Trading Instrument</h2> FXCC grants you access to a diverse range of trading assets. With 70+ currency pairs, including major USD pairs, minors, and exotics, you have ample options to explore. The minimum price fluctuation while trading forex is an impressive 0.00001. The spot metals selection features gold, silver, platinum, and palladium. You can also delve into the world of US and UK crude oil. For crypto enthusiasts, FXCC offers eight cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), and Monero (XMR), with a minimum contract size of 1 unit of the respective token. Furthermore, 12 indices are at the disposal of live account holders, spanning the Dow Jones, NASDAQ, FTSE, and CAC. However, it's essential to note that individual shares trading is not available. <h2>Spreads and Commissions</h2> The allure of FXCC intensifies with its competitive spreads, averaging at 0.2 pips for EUR/USD and around 1.0 pip for GBP/USD. The broker's website even provides a 15-minute average spread chart for major instruments, including spot gold and silver. What truly sets FXCC apart is its policy of zero commissions across all instruments. This aspect makes it a cost-effective choice when compared to its peers. However, clients should be prepared to cover rollover fees and a $5 dormancy charge for accounts inactive for 120 days. <h2>Leverage</h2> Leverage options at FXCC vary depending on your location. For non-EU clients, leverage can extend from 1:1 to an impressive 1:500, allowing for flexible trading across forex, metals, energies, and indices. Cryptocurrency traders can access leverage up to 1:10, with the exception of Bitcoin, which shares the same limit. FXCC further simplifies trading with a free margin calculator available in the Traders Hub. <h2>Mobile App</h2> FXCC caters to the modern trader's needs with the MT4 mobile app, offering seamless access to your trading account from anywhere. It boasts a user-friendly platform, featuring 30 technical indicators, multiple timeframes, live market prices, economic news feeds, and a comprehensive trading history. Deposits and withdrawals are also a breeze through the mobile app, making trading a hassle-free experience. <h2>Deposits, Withdrawals, and Cryptos</h2> FXCC offers a plethora of funding methods, including bank cards, wire transfers, e-wallets like Skrill and Neteller, and alternative online payment methods such as Rapid Transfer. Accepted currencies encompass USD, EUR, and GBP, ensuring global accessibility. Deposits are typically processed within an hour, while withdrawals may take up to five working days to clear, with the exception of Skrill and Neteller, which offer real-time processing. Crypto enthusiasts will be pleased to know that FXCC accepts crypto payments, including BTC, ETH, and USDT, with both deposits and withdrawals processed in just 15 minutes. It's worth noting that while deposits are generally fee-free, mining fees apply when using cryptocurrencies. However, withdrawals may incur fees for bank wires, cryptocurrencies, and e-wallets. FXCC's website provides a comprehensive breakdown of these charges. <h2>Demo Account </h2> FXCC encourages traders, both novice and seasoned, to hone their skills with a risk-free 30-day demo account. With a generous $10,000 in virtual funds, you can access the MetaTrader 4 platform download and mobile app, allowing you to practice and refine your strategies before venturing into real-money trading.<h2> </h2><h2>Bonuses and Promotions</h2> For non-EU clients, FXCC offers an enticing 100% First Deposit Bonus, doubling account equity up to $2000. To qualify, opening an ECN XL account is a prerequisite. Additionally, clients maintaining a minimum balance of $2500 and generating a trading volume exceeding 30 standard lots monthly gain free VPS access. This service enhances security, speed, and accessibility. <h2>Regulated and Licensed</h2> FX Central Clearing Ltd (FXCC) boasts authorization as a Cyprus Investment Firm (CIF) and is regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number 121/10. The broker is also registered in Saint Vincent and the Grenadines as an investment company. In line with its status as a regulated entity in the EU, FXCC adheres to the Markets in Financial Instruments Directive (MiFID), ensuring compliance with investment services across the European Economic Area. <h2>Safeguarding Your Funds</h2> FXCC goes the extra mile to ensure the safety of your funds. It's a member of the Investor Compensation Fund (ICF), providing insurance to clients in the event of insolvency. Additionally, user funds are held in separate bank accounts at leading international banks, safeguarding your assets from potential scammers. <h2>Additional Resources</h2> FXCC's dedication to client education is evident through its comprehensive forex research and technical analysis insights featured in the blog section. The education center offers practical guidance on economic indicators, margin, slippage, and more. A range of free downloadable e-books and PDFs are also at your disposal, providing beginners with step-by-step guides on forex trading basics. The glossary of terms, economic calendar, and forex news are other helpful resources available to traders. <h2>Account Types</h2> FXCC simplifies your experience with two account types: ECN XL and ECN Promo. The ECN XL account stands out with its ultra-low spreads starting at 0.0 pips and zero trading commissions. Hedging, scalping, and VPS usage are all permissible. The minimum trade size is 0.01 lots, and the account is equipped to support Expert Advisors (EAs). Non-EU clients benefit from leverage up to 1:500, making it a versatile choice. For Islamic traders, FXCC offers Islamic-friendly trading conditions upon request. While the ECN Promo account is not yet live, it promises additional flexibility and enhanced trading conditions for qualifying investors. Corporate accounts are also available upon request. <h2>Trading Hours </h2> FXCC's trading hours span from 17:05 to 16:55 New York time (EST) from Sunday to Friday. Specific trading sessions for each instrument are available within the MT4 platform. Furthermore, the broker provides information on holiday hours and public closures on its website. <h2>Customer Support</h2> For customer support, FXCC offers 24/5 multilingual assistance through telephone, email, or live chat. The chat function is readily accessible by clicking on the chat logo in the bottom right-hand corner of the website. You can reach them at: <ul><li>Email: <a href="mailto:support@fxcc.net" rel="noopener noreferrer" target="_blank">support@fxcc.net</a></li><li>Contact Number: +44 203 150 0832</li><li>Address: Suite 305, Griffith Corporate Centre, Beachmont, Kingstown, St. Vincent and the Grenadines</li></ul> The chat team is equipped to assist with withdrawal issues, account types, registration queries, and more. <h2>Prioritizing Security</h2> FXCC takes security seriously, utilizing 128-bit encrypted connections to transmit data between servers on the MT4 platform. To combat potential threats, extended security algorithms employing public-key cryptography are in place. MetaTrader 4 enhances security further with two-factor authentication, sending a unique passcode via email or telephone for user login validation. <h2>Pros and Cons</h2> Pros:<ul><li>Abundant educational resources for traders</li><li>No deposit fees (except for crypto mining charges)</li><li>No restrictions on trading strategies, including scalping and hedging</li><li>Ultra-competitive ECN spreads starting at 0.0 pips with no commission</li><li>Islamic-friendly account options</li><li>Regulated and licensed by CySEC</li><li>Expert Advisors (EAs) supported</li><li>100% First Deposit Bonus for non-EU clients</li></ul> Cons:<ul><li>Unavailable for US traders</li><li>No copy trading option</li><li>No MetaTrader 5 download</li><li>Absence of individual stock and share trading opportunities</li></ul> In summation, FXCC emerges as a cost-effective online broker, offering a wide array of trading instruments, a user-friendly platform, and an enticing First Deposit Bonus. Its regulation under CySEC and additional safety measures make it a secure choice for traders. So, don't miss out on the opportunity to elevate your trading experience with FXCC. <h2>FXCC Broker Details</h2> <img src="https://cdn.forexoverflow.io/images/1698125286992-fljuey0rb4k39ui-fxcc-broker-details.png"> Disclaimer: - We at forexoverflow do not endorse neither refer anyone to trading broker websites. The information is for educational purpose and source of information is from the broker website.

Review of FXCC Trading Platforms, Instrument Variety, and Advantages and Disadvantages (1).png

Discover the pinnacle of forex trading with our comprehensive 2023 review of FXCC. Explore a user-friendly platform, ultra-competitive spreads, and enticing bonuses. Regulated and secure, FXCC is your gateway to a world of trading opportunities. Claim your welcome offer today!

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