FXCC Review

FXCC is an ECN Forex Broker offering tight trading spreads, free VPS, and fast execution for Forex scalpers and day-traders. FXCC provides the classic MT4, the Sirix webtrader, plus trading signals via ZuluTrade and the FX StatBook. FXCC trading conditions are good for traders as the EURUSD spread is about 1.1 pip including trading commissions. In overall FXCC is a good choice for advanced Forex Traders, scalpers and intra-day traders. We do not recomend FXCC for news-trading due to high slippage during news releases.

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◙ FXCC Review

FXCC Rating Review and Rating Summary

FXCC BASIC FACTS & NOTES			PROS & CONS
STP FOREX BROKER	FXCC TRADING INFO		Compare FXCC with competition
◘ FXCC Asset Index	■ FXCC offers 30+ Forex Pairs, plus CFD Trading Assets	Good variety of Forex trading assets by FXCC, but limited asset index as concerns CFD instruments
◘ FXCC Typical Spreads / Trading Commissions	FXCC spreads: ■ EURUSD: 1.1 pip ■ GBPUSD: 1.5 pip ■ USDJPY: 1.5 pip	The trading spreads of FXCC are tight and that combined with fast execution makes FXCC a good choice for scalping and day-trading
◘ FXCC Maximum Leverage	■ FXCC offers Leverage up to 30:1	It is better to avoid trading with more leverage than that.
◘ Lot Sizes	■ The minimum lot size is 0.1	Typical lot sizes by FXCC (mini, standard), NOT Micro account
◘ Automated Trading / Scalping	■ Automated Trading -YES- ■ Scalping: -YES-	Automated trading via MetaTrader4, trading signals from ZuluTrade and FX StatBook. Scalping is fully allowed
◘ FXCC Platforms	■ FXCC offers: Sirix WebTrader and MetaTrader4	Good variety of trading platforms covering all trading styles and needs
◘ FXCC Typical Slippage (EURUSD)	■ FXCC Slippage is measured more than 2.0 pips	Relative high slippage, that is a con for FXCC
◘ FXCC Mobile Trading	■ FXCC offers a mobile app for:	Mobile trading App for iPhone and Android devices
The Company	FXCC COMPANY INFO
◘ FXCC Foundation	■ FXCC was found in 2010	More than five years in the market, Forex broker
◘ FXCC Headquarters	■ FXCC headquarters are in Cyprus	As many other Forex brands, due to 10% taxation for online businesses
◘ FXCC Regulation	■ FXCC is regulated by CySEC, and MiFID (EU)	CySEC regulation plus ICF participation that increases further the safety of trader's funds
FXCC Accounts	FXCC ACCOUNT INFO
◘ FXCC Account Currencies		Three account currencies are available for funding new accounts.
◘ FXCC Deposit Money		Popular deposit methods (Credit Cards, BankWire, WebMoney Netteler, MoneyBookers)
◘ FXCC Withdraw Money		Profits can be withdrawn only via bank wire, the capital by the same method as deposit
◘ US Residents	■ No FXCC forbids US Residents -No-	No US traders allowed at FXCC
◘ FXCC Minimum Deposit	■ Minimum Deposit at FXCC is 500 USD	The minimum deposit for Fixed-Spread Accounts is $100
◘ FXCC Promotions	■ FXCC offers Deposit Bonus up to 100%	100% bonus for new accounts (FXCC rebates via Forex-Rebates.com)
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◙ FXCC Review Summary

FXCC is a regulated Forex broker offering the ECN trading account as the standard account type for all its clients. FXCC offer tight spreads and good quality of order execution. But during news releases, the slippage may get relatively high and thus we don't recommend FXCC for news traders. FXCC is based in Cyprus and regulated by the CySEC and MiFID, and registered also with FCA(UK). The broker is part of the ICF and that may protect clients against any broker insolvency. FXCC has been in the market since 2011.

FXCC ECN Trading Accounts

There are three account types available for traders:

(1) ECN Standard account that starts with a minimum deposit of $100

(2) ECN XL account, that starts with a minimum deposit of $500

(3) ECN Advanced account that starts at $100,000

FXCC Trading Technology

FXCC offer the MT4 platform plus the Sirix web-trader. The asset index contains Currencies, Precious Metals, and Indices. FXCC offer also mobile trading through iOs and Android MT4 mobile apps. Traders can also use the MT4 MultiTerminal (MAM accounts). Automated trading and scalping are fully allowed. A free VPS is also available.

FXCC Bonus and Other Customer Options

-FXCC offer welcome bonus up to 100% of the initial deposit (new clients)

-Free VPS hosting (under the policy)

-A dedicated account manager is also available by FXCC. The support channels include email, live chat, phone, and call-back.

Overall, FXCC is a good choice for advanced Forex Traders, scalpers, and intra-day traders. We do not recommend FXCC for news trading due to high slippage during news releases.

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◙ FXCC Rating

Rating FXCC using the Rating Brokers Formula v.4

» Check how FXCC rating was made at ForexValuation.com

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■ FXCC Review