FXCC Broker Review
FXCC is working as an ECN/STP broker, regulated in Cyprus and Vanuatu. This broker platform started working in 2010, where it won numerous awards for providing traders with a legal and reliable platform for trading.
You can find our transparent FXCC review below. Broker reviews are updated frequently!
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All the traders of this platform have access to the minimum spreads of 0.0 pips with a $0 trading commission. Moreover, it even grants maximum leverage of almost 1:500. But this does not include the EU traders who are fully confined to the restrictions of leverage under CySEC.
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In addition, FXCC is also offering 72 currency pairs. This includes the spot metals, USD pairs, WTI, 12 indices and Brent.
When talking about the spreads and commissions, the live spreads at an average level is 0.2 pips for the EUR/USD. It is almost 0.3 pips for the GBP/USD. FXCC also has a web page with the min average spread chart for a few significant instruments.
Spot gold is one of them on which you can get a clear view of spreads. Mobile account service is also available for user convenience.
Pros / Cons
- Established Broker
- No FSCA Regulation
- No ZAR Account Currency
- Broker Not Verified
You can sign into the demo account free of cost within 30 days of the trial session. Few online payment methods supported by FXCC are credit/debit cards, e-wallets, bank wire transfers, etc.
The procedure of deposits will take just one hour. The few acceptable currencies of this platform are GBP, USD and EUR.
The withdrawal method will take almost 5 working days, but Neteller and Skrill withdrawals are processed in real-time. Therefore, there are no withdrawal fees.
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Heinrich is a forex and CFD enthusiast with a passion for writing good informative quality content. He strives to showcase the best forex brokers in Africa. Join him on his Journey!
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