FXCC or FX Central Clearing is a Cyprus established firm to assist forex exchange market professionals to trade currencies, indices and metals through the advanced technology. The company based on the ECN/ STP solution while all orders are routed and matched in the electronic configured network through the liquidity pools of institutional providers of market quotes. The technology provides the efficient and transparent pricing with most possible low spreads. In addition, there is a range of ECN trading accounts that are designed to suit ones own need and requirements.
Winner 2017 Best Forex Trading Account | UK Forex Awards
Traders #1 Choice ECN XL Account | UK Forex Awards 2017
In order to support their clients, the broker also delivers a dedicated support by the professional team of customer service agents and traders professionals. Traders of any level and expertise can learn through the provided range of educational resources and analysis in two distinct forms of technical and fundamental analysis. The daily technical analysis available directly on the website with updated information and successful retest of the next sufficient momentum.
Licenses, Regulations & Security of funds:
The solid regulatory framework and full compliance with financial and international laws performed by the authorization and regulation by the Cyprus Securities and Exchange Commission (CySEC). Due to the fact that the company authorized by an EU Member State, the broker also operated under EU Markets in Financial Instrument Directive (MiFID) along with registration with FCA(UK), CONSOB (Italy) and others, which allows the provision of services within the EEA.
The protection of the clients’ investments provided in multiple ways according to the regulatory requirements and setter rules. Apart from the segregation of the clients’ funds at all times, management and control of each type risk, the FXCC is a member of the Investor Compensation Fund, which secures the claims of covered clients against a company.
Trading Platforms & Tools:
FXCC Forex trading platforms available, as most from the ECN brokers, on a highly regarded MetaTrader4. The platform available for all operating systems and fully compatible with EAs, hedging and equipped with advanced technical indicators, analytical objects and charting tools. Furthermore, the platform software developed to suite downloadable version to be installed on a PC, a mobile application to follow trades on the go, Multi-Terminal for simultaneous management of multiple accounts and MAM.
Extensive range of tools offering various instruments that are helping on a daily trading process. The unique range of calculators increasing performance while each one has been developed according to the needs, the collection includes also currency converters, Forex Market Hours tool, Forex Live quotes Current trading positions. The interest rates presenting a comprehensive list of the key base rates relating to all global central banks. By the levels of complexity and sophistication of trader, the client can suit trading styles through utilizing the full range of features and available benefits.
Moreover, FXCC offers the ability to trade with VPS (Virtual private Server) which brings stability under any conditions, speed and performance. Own dedicated server can be accessed with multiple platforms and accounts, which runs automated programmes or applications and ensures the smooth trading continuously. The Forecast Poll is a sentimental tool that highlights the medium term price expectations and indicates through the five year history. Overall, every FXCC client can apply for free trading tools, through the Traders Hub environment that also offers a variety of complementary features to choose from.
The company established strategy to follow with minimum costs and maximum potential benefits with zero commissions, swaps, markups or deposit fees. ECN accounts are divided by the level of trading, experience and demands.
– ECN Standard account available on multiple currencies EUR, USD, GBP with spreads from 0.01 pips to trade 30 currencies and a range of free tools alike VPS, SMS Notifications, EAs, Technical Analysis and Trading Tools. Requires 100$ to start.
– ECN XL also known as the Zero account, is one of the most cost-effective accounts with spreads from 0.0 pips. The account holders enjoying a VIP level of service with the same included features as the standard account along with the extra benefits of zero swaps, commissions or mark-ups.
– ECN Advanced Account – designed for professional traders with offered leverage up to 1:200, tailor-made trading proposals and dedicated management. The minimum deposit is 100,000$
However, the trader either the new one or experienced can start with a risk-free demo account to checkout the benefits of ECN trading with FXCC.
Deposits and Withdrawals:
The deposit and withdrawal option include multiple offerings from various providers that are covering the needs of almost every client. In addition, the company covers processing fees for both deposits or withdrawals (yet, the customer should check with the payment provider in case of any other additional fees relevance or possibility), while the minimum deposits according to the method may vary from 50 to 100$. The methods including Card payments, Bank Wire Transfers, Neteller, Skrill, Neosurf, SOfort, Rapid, paysafecard, and UnionPay.
FXCC review shows a company with an opportunity to engage into trading with the STP/ ECN model and quotes provided directly by the liquidity providers. The company designed various accounts with comprehensive features and different minimum deposit requirements that allows a trader of different level to start trading in FXCC. The regulated environment of operation ensures client’s safety and sufficient level trading, along with provided customer support. Overall, the broker is a good choice in terms of balanced conditions, delivered software and management.