FXCC Spreads, leverage, minimum deposit Revealed

WikiFX | 2021-07-19 18:20

Abstract：FXCC is an unregulated broker, offering trading on forex, gold, and silver with leverage up to 1:200 on the MT4 platform. The minimum deposit requirement is $100.

FXCCReview Summary
Founded	2004
Registered Country/Region	Cyprus
Regulation	CYSEC
Market Instruments	forex, gold, silver
Demo Account	✅
Leverage	Up to 1:200
Trading Platform	MT4
Minimum Deposit	$100
Customer Support	Tel:+35725870750; +357 25 025001
	Address：Amorosa Centre, 2nd floor, 2 Samou Street, 4043 Yermasoyia, Limassol, Cyprus
	LinkedIn, 24/5 customer support
Regional Restrictions	do not provide services to residents of restricted jurisdictions

FXCC Information

　　FXCC is a regulated broker, offering trading on forex, gold, and silver with leverage up to 1:200 on the MT4 platform. The minimum deposit requirement is $100.

Pros and Cons

Pros	Cons
With demo account	Limited trading products
MT4 platform	No MT5 platform
Regulated	Processing fees charged
Long operational history
Various contact channels

Is FXCC Legit?

　　Yes. FXCC is licensed by CYSEC with license number 121/10 to offer services.

Regulated Country	Regulator	Current Status	Regulated Entity	License Type	License No.
Cyprus	CYSEC	Regulated	FX Central Clearing Ltd	Straight Through Processing (STP)	121/10

What Can I Trade on FXCC?

　　FXCC offers trading in forex, gold, and silver.

Tradable Instruments	Supported
Forex	✔
Gold	✔
Silver	✔
Bonds	❌
Stocks	❌

Account Type

　　FXCC offers a range of ECN accounts to suit all traders and offers demo accounts. And the ECN standard account offers extra benefits: zero deposit fees.

Account Type	Minimum Deposit	Maximum Leverage
ECN Standard Account	$10,000	1:30
ECN XL Account	$100	1:30
ECN Advanced Account	$100,000+	1:200

Leverage

　　The broker offers max leverage at 1:200. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital.

FXCC Fees

　　Trading Fees

　　FXCC only applies spread and it does not charge any commission fees.

　　FXCC Spreads

　　ECN accounts have only a small spread, and you can use a demo account to see real-time spreads on the platform or calculate spreads using a trading calculator.

Trading Platform

Trading Platform	Supported	Available Devices	Suitable for
MT4	✔	Desktop, mobile, web	Beginners
MT5	❌	/	Experienced trader

Deposit and Withdrawal

Payment Options	Supported	Accepted Currencies	Deposit Fees	Withdrawal Fees
Bank wire	✔	USD, EUR, GBP	USD: $2-$5; EUR: €2-€5; GBP: £2-£5;	USD: $18; EUR: €8; GBP: £18
Neteller	✔	USD, EUR, GBP	USD: 3.2% + $0.29; EUR: 3.2% + €0.29; GBP: 3.2% + £0.29	USD: 2.0%; EUR: 2.0%; GBP: 2.0%
Skrill	✔	USD, EUR, GBP	USD: 3.2% + $0.29; EUR: 3.2% + €0.29; GBP: 3.2% + £0.29	USD: $0.49; EUR: €0.49; GBP: £0.49
Visa	✔	USD, EUR, GBP	USD: 3.2% + $0.29; EUR: 3.2% + €0.29; GBP: 3.2% + £0.29	USD: 2.0%;EUR: 2.0%;GBP: 2.0%
Sofort	✔	USD, EUR, GBP	USD: 2.5% + $0.29; EUR: 2.5% + €0.29; GBP: 2.5% + £0.29	USD: $0.49; EUR: €0.49; GBP: £0.49
Rapio	✔	USD, EUR, GBP	USD: 2.0% + $0.29; EUR: 2.0% + €0.29; GBP: 2.0% + £0.29	USD: $0.49; EUR: €0.49; GBP: £0.49
Paysafe card	✔	USD, EUR, GBP	USD: 9.0% + $0.29; EUR: 9.0% + €0.29; GBP: 9.0% + £0.29	Bank Wire Fee