FXCC Review 2026

Our Overall Verdict

Established in 2010, FXCC is an ECN and STP brokerage offering trading across forex, indices, commodities, stocks, and cryptocurrencies. Operating under regulatory oversight from CySEC in Europe alongside MISA in Comoros and the VFSC in Vanuatu, the broker utilizes a zero-commission model on its ECN XL account. Traders can access the MetaTrader 4 and MetaTrader 5 platform suites, along with copy trading capabilities and VPS hosting for eligible automated strategies. With a zero minimum deposit requirement, negative balance protection, and segregated funds, FXCC provides accessible trading conditions, though non-trading withdrawal charges apply to wire transfers, e-wallets, and crypto payments.

Who Should Use FXCC?

• Traders seeking commission-free trading with spreads starting from 0 pips on MetaTrader 4 or MetaTrader 5.
• Algorithmic traders and scalpers requiring an ECN execution environment without restrictions on trade duration or news trading.
• Users who want access to copy trading and automated portfolio replication via MT5 integration.
• Traders starting with minimal initial capital due to the $0 minimum deposit requirement.

Who Should Avoid FXCC?

• Traders who require a proprietary desktop or custom mobile trading application rather than standard MetaTrader solutions.
• Residents of restricted jurisdictions, including the United States, Japan, and several European Union member countries.
• Traders looking to withdraw frequently via bank wire, e-wallets, or cryptocurrency without incurring payment-provider fees.
• Clients seeking structured tier-based loyalty schemes or trading tournaments.

Regulation and Licenses

FXCC was founded in 2010 and operates through multiple legal entities subject to international regulatory oversight. In Europe, the broker is represented by FX Central Clearing Ltd, authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC) under licence number 14576. For its international operations, FXCC functions under entities registered with the Mwali International Services Authority (MISA) in Comoros and the Vanuatu Financial Services Commission (VFSC).

Client Protection

Client money at FXCC is held in segregated bank accounts with tier-1 international banking institutions, keeping client funds fully separate from corporate capital. European clients onboarded under FX Central Clearing Ltd are covered by the Investor Compensation Fund (ICF), which provides protection up to €20,000 per person in the event of broker insolvency. In addition, FXCC provides guaranteed negative balance protection across standard accounts, ensuring account balances cannot fall below zero during sharp market movements. The broker also enforces Know Your Customer (KYC) identity and residence verification procedures before account activation.

Regulatory History

Information on formal regulatory penalties or sanctions regarding FXCC is not publicly disclosed. The firm operates as a privately held brokerage and is not listed on any public stock exchange.

FXCC is an online ECN/STP brokerage providing multi-asset trading access across global markets. Headquartered in Comoros with primary operational offices in Cyprus, the firm serves clients across multiple global regions, supported by a website available in dozens of languages.

Key structural details include:

• Year Established: 2010
• Headquarters: Comoros and Cyprus
• Regulation: CySEC (Tier-2), MISA, VFSC
• Execution Model: ECN / STP with No Dealing Desk (NDD)
• Trading Platforms: MetaTrader 4, MetaTrader 5, WebTrader
• Account Currencies: USD, EUR, GBP, CAD
• Minimum Deposit: $0
• Maximum Leverage: Up to 1:1000 (Offshore) / 1:30 (CySEC)
• Customer Support: 24/5 support via live chat, email, and telephone

Spreads and Commissions

FXCC operates a commission-free model on its primary ECN XL account. Instead of charging a fixed ticket fee or commission per standard lot, the broker incorporates its trading costs into floating spreads. Spreads start from 0 pips on major instruments under liquid market conditions. Average observed spreads include 0 pips on EUR/USD, 0.7 pips on GBP/USD, 0.175 on Gold (XAU/USD), and 0.5 points on the S&P 500 CFD.

Other Trading and Non-Trading Fees

Overnight financing fees (swaps) apply to positions held open past the daily server rollover at 23:59 (GMT+2/GMT+3 server time). Triple swap charges are applied on Wednesday nights to account for weekend settlement. Swap-free Islamic accounts are available without extra administration charges.

FXCC does not charge deposit fees or currency conversion fees. However, withdrawal costs vary depending on the payment channel selected:

• Credit and Debit Cards: No fee charged by FXCC.
• Bank Wire Transfers: Fees generally range between $18 and $45 per transfer.
• E-Wallets (Skrill, Neteller): Subject to charges of approximately 2% to 2.7%.
• Cryptocurrency Withdrawals: Incur a processing fee of around 2%.
• Inactivity Fee: A dormant account maintenance fee of $5 per month is assessed after four consecutive months without trading activity.

Trading Platforms

Trading at FXCC is conducted using third-party industry platforms rather than a proprietary general trading interface:

• MetaTrader 4 (MT4): Available for desktop, web browser, and mobile devices (via standard MT4 mobile applications on Android and iOS). MT4 supports technical analysis, interactive charting, and automated trading via Expert Advisors.
• MetaTrader 5 (MT5): Available on desktop, mobile, and WebTrader, MT5 offers expanded charting tools, additional timeframes, built-in economic calendars, and optimized depth of market views.
• WebTrader: Accessible directly from modern browsers without software installation, retaining core MetaTrader charting and execution capabilities.

Execution and Trading Tools

FXCC processes orders through straight-through processing (STP) and an electronic communication network (ECN) structure with no dealing desk intervention. Slippage can occur during fast market conditions, where fills may be executed above or below requested pricing depending on available liquidity. Traders have access to FIX API connectivity, allowing algorithmic models and third-party risk management software to route orders directly into the pricing engine.

Virtual Private Server (VPS) hosting is available through an infrastructure partnership with BeeksFX. The VPS service is provided without charge to clients who maintain an account equity balance of at least $2,500 and trade a minimum of 30 standard round-turn lots per calendar month. Accounts that fail to meet both thresholds are billed a $30 monthly maintenance fee.

Automated and Copy Trading

Automated trading is supported natively through MQL scripts and Expert Advisors on MT4 and MT5. In addition, the broker offers the proprietary FXCC Copy service integrated directly with MetaTrader 5. Traders can operate as Followers replicating trades from vetted strategy providers using custom volume, equity-proportional, or risk-multiplier allocation settings, or register as Strategy Providers to offer signals in exchange for performance fees.

Forex and CFDs

FXCC provides access to liquid currency markets and derivative contracts across multiple global asset classes. The forex offering covers major, minor, and exotic currency pairs traded on an ECN model with floating pricing.

Stocks, Indices, Commodities and Other Markets

Beyond foreign exchange, FXCC clients can trade contracts for difference (CFDs) on several non-currency financial markets:

• Commodities: CFDs on precious metals such as Gold (XAU/USD) alongside energy contracts.
• Equity Indices: Cash and index CFDs covering international benchmarks, including the S&P 500 index CFD.
• Individual Stocks: Share CFDs covering prominent corporate equities.
• Cryptocurrencies: Digital asset CFDs allowing long and short positioning on major tokens including Bitcoin, Ethereum, and Tether without direct wallet custody.

Available Account Types

FXCC structures its offering primarily around a single core account setup:

• ECN XL Account: Features zero-commission trading, floating spreads from 0 pips, a minimum transaction size of 0.01 lots, and base currency options in USD, EUR, GBP, or CAD.
• Islamic Account: Swap-free option available upon request, removing overnight interest charges while retaining standard ECN XL trading parameters.
• Demo Account: Available for paper trading and strategy testing under simulated market conditions.

Account registration requires completing standard KYC procedures, which mandate uploading a government-issued photo identity document and a proof of address dated within the previous six months.

Minimum Deposit

The official minimum deposit required to open a live ECN XL account at FXCC is $0. Despite this entry threshold, the broker suggests an initial funding level of $100 or higher to maintain appropriate margin coverage for micro-lot positioning.

Leverage and Margin

Leverage limits are determined by legal jurisdiction and account categorization:

• Global / Offshore Entities: Maximum leverage up to 1:1000 on the ECN XL account. Standard and advanced tiers generally range between 1:200 and 1:300 depending on instrument volatility.
• European Entity (CySEC): Leverage is restricted to a maximum of 1:30 on major forex pairs to comply with regional regulatory mandates.
• Margin Levels: FXCC operates with a Margin Call level set at 100% and an automated Stop Out margin level set at 50%. Fully hedged positions remain subject to stop-out rules if equity declines below the 50% threshold.

Deposit Options

FXCC supports funding through traditional banking options, debit and credit cards, digital wallets, and blockchain networks. Supported payment methods include Wire Transfer, Visa, Mastercard, Sofort, Paysafe, Skrill, Neteller, Union Pay, China Union Pay, Santander Bank Logotype, Bitcoin, Ethereum, and Tether. FXCC does not levy deposit fees on incoming transfers.

Deposit processing times vary by method:

• Credit/Debit Cards & E-Wallets: Processed instantly.
• Cryptocurrency: Credited within approximately 15 minutes.
• Local Bank Transfers: Processed within 1 to 2 hours.
• International Bank Wires: Completed within 1 to 3 business days.

Withdrawal Options

Withdrawals are processed back through the original deposit method where applicable. FXCC does not assess internal withdrawal fees on credit or debit card payouts, but third-party processing costs apply to other transfer methods, including wire transfer fees between $18 and $45, e-wallet fees of 2% to 2.7%, and crypto network charges of approximately 2%.

Withdrawal settlement times are as follows:

• Cryptocurrency: Processed in 1 to 4 hours.
• E-Wallets: Completed within 24 hours.
• Local Bank Transfers: Completed in 1 to 2 business days.
• Credit/Debit Cards: Settlement takes 3 to 5 business days.
• International Wire Transfers: Settlement takes 3 to 7 business days.

Support Channels and Availability

FXCC customer support operates 24 hours a day, 5 days a week, matching global financial market hours. Traders can connect with the support team through multiple communication channels:

• Live Chat: Accessible via the broker's official website.
• Email Support: Available directly at [email protected].
• Telephone: Direct client assistance via +44 2031500832.
• Supported Languages: English, Arabic, Spanish, German, Russian, Portuguese, French, and Italian.

Our Support Experience

Customer service quality is generally efficient and responsive across live chat and email channels. Inquiries regarding technical setup, platform connectivity, and account documentation are handled through direct assistance, though real-time phone and chat availability remains restricted to weekdays.

FXCC provides basic educational content and research materials suited for developing traders. The education section includes structured informational articles, step-by-step trading tutorials, and a downloadable eBook covering foundational market concepts.

In addition, FXCC publishes educational guides focusing on short-term execution models, including price action setups and 1-minute scalping strategies. Platform-specific user manuals are also provided to help clients navigate MetaTrader 4 and MetaTrader 5 on desktop and mobile operating systems. However, integrated proprietary daily technical analysis and advanced video-based market briefings are relatively limited compared to specialized research hubs.

FXCC for Beginners

FXCC offers an accessible entry point for newer traders thanks to its $0 minimum deposit requirement, free demo account capabilities, and commission-free pricing. Educational materials and guides on MT4/MT5 navigation provide foundational assistance. However, novice traders should exercise caution with offshore leverage options reaching up to 1:1000 and note that the broker's trading environment is centered around standard third-party MetaTrader interfaces rather than a gamified or simplified proprietary app.

FXCC for Day Traders and Scalpers

Day traders and scalpers benefit from FXCC's no-dealing-desk STP/ECN execution model. The broker explicitly permits scalping without minimum holding times, allowing traders to close positions immediately. Tight core spreads from 0 pips and commission-free trades help reduce frictional transaction costs on high-frequency strategies, while news trading is permitted without artificial trading freezes.

FXCC for Algorithmic Traders

Algorithmic traders are well accommodated through full compatibility with MetaTrader 4 and MetaTrader 5 Expert Advisors (EAs). FIX API integration is available for connecting customized quantitative models directly to the broker's price feeds. Furthermore, automated traders can qualify for complimentary BeeksFX VPS hosting by meeting the required $2,500 equity balance and 30-lot monthly volume threshold.

FXCC for Experienced Traders

Experienced traders will find flexible trading conditions, including unrestrained hedging, high leverage up to 1:1000 on non-EU accounts, micro-lot sizing (0.01 lots), and a margin call level set at 100% with stop out at 50%. The primary drawback for high-volume traders remains the percentage-based withdrawal fees applied to e-wallets and cryptocurrencies, as well as fixed charges on bank wires.

Common Positive Feedback

Clients frequently highlight the speed of withdrawal processing, particularly when using cryptocurrency and e-wallet methods. Many traders express satisfaction with the zero-commission structure on the ECN XL account, noting that the absence of ticket fees combined with competitive spreads on major pairs reduces overall trading expenses. The support team also receives favorable mentions for quick responsiveness via live chat, and automated traders regularly cite the stability of MetaTrader execution without restrictions on scalping or hedging.

Common Complaints

The most frequent critique centers around withdrawal costs, specifically the approximate 2% fee applied to cryptocurrency payouts and percentage fees on popular e-wallets. Some traders also report delays during payment processing or request reviews, while others note spread widening during volatile news releases, particularly on commodities like gold. In isolated instances, account adjustments and dispute resolutions regarding trade profits or verification documentation have drawn critical feedback from users.

Trustpilot and App Store Ratings