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FXCE Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-12-11 13:44

Abstract:With access to around 300+ assets including forex, indices, and cryptocurrencies, FXCE presents attractive trading conditions. Through its four account forms and high leverage options, it appeals to a broad spectrum of traders.

FXCE Review Summary
Founded2020
Registered Country/RegionSaint Vincent and the Grenadines
RegulationLFSA (Exceeded)
Market InstrumentsForex, Indices, Shares, CFDs, Precious Metals, Commodities, Cryptocurrencies
Demo Account✅
LeverageUp to 1:1000
SpreadFrom 0.0 pips (ECN account)
Trading PlatformMetaTrader 4/5
Min Deposit$10
Customer SupportPhone: +6087 586870
Email: support@fxceltd.com
Address: Lot A020, Level 1, Podium Level, Financial Park, Jalan Merdeka, 87000 Labuan F.T., Malaysia

FXCE Information

  With access to around 300+ assets including forex, indices, and cryptocurrencies, FXCE presents attractive trading conditions. Through its four account forms and high leverage options, it appeals to a broad spectrum of traders.

FXCE Information

Pros and Cons

Pros Cons
Wide range of financial instrumentsLimited regulatory oversight
High leverage up to 1:1000Offshore registration poses risks
No deposit/withdrawal feesCommon Business Registration not suitable for forex
Advanced trading platforms (MT4/MT5)

Is FXCE Legit?

  FXCE Limited is not entirely legitimate for trading forex. Although registered under license number LL18960 with the Labuan Financial Services Authority (LFSA) in Malaysia, the license type is Common Business Registration, which does not authorise forex or financial services activity.

Is FXCE Legit?

What Can I Trade on FXCE?

  With more than 300 products for trading, FXCE gives access to a varied spectrum of financial instruments. These fit traders looking for worldwide financial market exposure since they feature 60+ currencies pairings, commodities, indices, share CFDs, precious metals, and cryptocurrencies.

Tradable Instruments Supported
Forex✔
Indices✔
Shares✔
CFDs✔
Precious Metals✔
Commodities✔
Cryptocurrencies✔
What Can I Trade on FXCE?

Account Types

  Four primary types of accounts provided by FXCE satisfy various trading requirements and degree of experience. Though no particular reference of an Islamic account is made, a practicing demo account is provided.

DetailsDemoCentStandardECN
Spread0.01From 1.0 pipFrom 1.0 pipFrom 0.0 pip
Maximum Leverage1:10001:10001:5001:500
Minimum Deposit$0$10$50$50
Maximum DepositUnlimited$5,000UnlimitedUnlimited
Margin Call50%50%50%50%
Stop Out30%30%30%30%
Commission$0$0$0$7
Suitable ForBeginners practicing tradingNew traders with small investmentsIntermediate tradersExperienced traders needing tighter spreads and lower latency

Leverage

  Depending on the kind of account, FXCE offers up to 1:1000 maximum leverage.

FXCE Fees

  Particularly with its ECN account offering spreads from 0.0 pips and minimal commission rates, FXCE's fees are inexpensive relative to industry norms. For traders, meanwhile, the lack of inactivity fees and low deposit/withdrawal expenses adds to its appeal.

Account TypeSpreadCommission
Demo0.01$0
CentFrom 1.0 pip$0
StandardFrom 1.0 pip$0
ECNFrom 0.0 pip$7 per lot

Non-Trading Fees

Non-trading Fees
Deposit FeeFree
Withdrawal FeeFree (intermediary fees may apply)
Inactivity FeeNone

Trading Platform

Trading PlatformSupported Available Devices Suitable for what kind of traders
MetaTrader 4/5✔iOS, Android, Windows, MacAdvanced technical traders, automated trading
Trading Platform

Deposit and Withdrawal

  FXCE does not charge any deposit or withdrawal fees, making transactions cost-effective for its users. The minimum deposit is $10, and withdrawals are processed securely via the 9 Pay payment gateway or traditional banking methods.

MethodTransaction TypeCurrencyMin. Deposit/WithdrawalFeesProcessing Time
9Pay Payment GatewayDeposit & WithdrawalUSD/VND$10FreeInstant (Deposit) / Upon Approval (Withdrawal)
Bank TransferDeposit & WithdrawalUSD$10Free (intermediary fees may apply)1-3 Business Days
Credit/Debit CardDepositUSD$10FreeInstant

  

Related broker

No Regulation
FXCE
Company name:FXCE Limited
Score
1.50
Website:https://www.fxce.com
5-10 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.50

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