FXCC

FXCC or FX Central Clearing is a Cyprus-established Forex broker founded in 2010 that assists forex exchange market professionals to trade currencies, cryptocurrencies, indices, energies, and metals through advanced technology. The company is known for its customer-centric approach by delivering competitive pricing with the most favorable trading conditions.

Being an NDD broker, FXCC doesn’t take the other side of the trade meaning the broker is firmly on the traders’ side. All the orders, stops, limits, and trades are executed with counter-parties. What is also great, FXCC used technology to provide efficient and transparent pricing with the most possible low spreads. In addition, there is a range of ECN trading accounts that are designed to suit their own needs and requirements.

Is FXCC an ECN broker?

Yes, the broker is based on the ECN/ STP trading solution while all orders are routed and matched in the electronically configured network through the liquidity pools of institutional providers and market quotes.

FXCC Pros and Cons

Based on our expert opinion, FXCC Forex broker has been recognized by numerous traders around the world as well by the significant number of awards they receive. FXCC broker delivers dedicated support by a professional team and a good NDD trading environment based on quality technology, also with a good range of trading instruments and low fees and spreads.

On the flip side, the range of instruments is strictly limited to forex and CFD, the education section is relatively poor, and the support is only 24/5. Also, conditions for traders might vary depending on the jurisdiction. On top of that, the broker provides only the MT4 platform and no other alternatives.

AdvantagesDisadvantages
Cyprus-based broker with CySEC regulationRuns an offshore entity
Good Reputation and a decade of operationConditions vary depending on the jurisdiction
Global expansionOnly FX and CFD
Low Spreads and FeesPoor educational section
Competitive trading conditionsNo 24/7 support
Free VPS tools
No minimum deposit requirements
Client account protection

By Admin

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