Introduction
FXCC (FX Central Clearing Ltd) was founded in 2004 in Cyprus and is currently regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number 121/10. As an STP/ECN broker, FXCC offers trading services in forex, gold, and silver on the MetaTrader 4 (MT4) platform, with leverage of up to 1:200.
The broker supports demo accounts for beginners and multiple ECN account types for professional traders, with the ECN XL account requiring a minimum deposit of only $100. FXCC stands out for being strictly regulated, having a long operational history, and offering the popular MT4 platform. However, its product range is limited (no stocks, indices, commodities, or cryptocurrencies), and some deposit/withdrawal methods may incur additional fees.
Available Trading Instruments
- Forex: ✔
- Gold & Silver: ✔
- Other products (commodities, indices, stocks, crypto, etc.): ❌
Main Account Types
- ECN XL: Minimum deposit $100, leverage 1:30
- ECN Standard: Minimum deposit $10,000, leverage 1:30
- ECN Advanced: Minimum deposit $100,000+, leverage 1:200
Trading Fees
FXCC charges no commission and only applies spreads, which are considered competitive and can be monitored directly on MT4.
Trading Platforms
- MT4: Available on desktop, web, and mobile – suitable for beginners.
- MT5: Not supported.
Deposits & Withdrawals
FXCC supports multiple payment methods including bank transfer, Visa, Neteller, Skrill, Sofort, Rapio, and Paysafe Card. However, some methods may incur relatively high fees, particularly Paysafe Card or international bank transfers. Withdrawal processing time typically ranges from 1 to 5 business days depending on the method.
Customer Support
FXCC provides 24/5 support via phone, email, and live chat, while also maintaining a presence on social media platforms for easier contact.
Conclusion
FXCC is a reputable broker with CySEC regulation and a long-standing history, making it a reliable choice for individual traders interested in forex and precious metals trading on MT4. With a transparent ECN model, zero commission, and demo support, FXCC is suitable for both beginners and professional traders. However, its limited product offerings and potential payment fees may be drawbacks for some investors.
Leave a Reply