FXCC Review 2025

Trust

How Is FXCC Regulated?

When we review brokers, we look at the licenses held by each of their entities to understand how well they protect clients. We use a simple three-tier system to rank regulatory bodies—Tier 1 being the most trusted and offering the highest level of protection.

This is what I discovered about the two entities operating under the FXCC trade name:

• FX Central Clearing Ltd is licensed and regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number 121/10. We rate CySEC as a Tier-1 regulator.
• Central Clearing Ltd is licensed and regulated by the Mwali International Services Authority (MISA) under license number BFX2024085. We rate MISA as a Tier-3 regulator. The entity is also incorporated in Nevis and St Vincent and the Grenadines.

How Does FXCC Protect You?

Brokers operate multiple entities globally, but regulatory protections vary. Some regulators enforce stricter financial standards than others, so traders should understand the safety measures of the entity with which they choose to open an account.

Here is how FXCC protects you:

• Client funds are held in segregated accounts.
• Guaranteed negative balance protection.
• Clients of FX Central Clearing Ltd are protected by up to EUR 20,000 under the Investor Compensation Fund (ICF).

Want to see how these safety features work for you? Tap here to find out more.

Stability and Transparency

In our Trust category, we assess how stable and transparent a broker is. This includes how long they’ve been in business, the size of the company, and how openly they share important information.

According to FXCC’s LinkedIn page, the broker employs between 11 and 50 professionals—a typical size for a company of its scale. Established in 2010, FXCC also benefits from solid market longevity.

I found FXCC to be a fairly transparent broker. Its website provides easy access to key information, including a clear breakdown of trading fees. Legal documents are also readily available and written in straightforward, easy-to-understand language.

Is FXCC Safe to Trade With?

I concluded that FXCC is generally safe to trade with due to the following factors:

• Licensed and regulated internationally
• Keeps client funds in segregated accounts
• Ensures negative balance protection
• Keeps a fairly transparent website

Fees

FXCC Trading Fees

FXCC Spreads

I tested FXCC’s spreads on 16 June 2025 during the London and New York opens. The results are shown in the table below:

Broken down by asset class and compared to the industry average, FXCC offers extremely low forex and indices spreads. Spreads on gold and oil were aligned with the industry average, while the Bitcoin spread was elevated.

FXCC Swaps

A swap fee is a trader’s cost for holding an open position overnight because of changing interest rates. Swap long refers to the charge deductible or credit receivable for holding a buy position open overnight. In turn, swap short relates to the charges/credits deductible or receivable for holding a selling position open overnight.

The values listed below are for one full base currency contract (100,000 units).

Live testing revealed that FXCC’s swaps are average to high compared to the industry benchmark. This makes FXCC less ideal for carrying positions open overnight. However, swap rates may change over time.

FXCC Non-Trading Fees

FXCC charges a monthly inactivity fee of 5 units in your account’s base currency (EUR, USD, or GBP) after 120 days of no activity, and it continues until you resume trading or the balance hits zero.

The broker doesn’t charge deposit fees, and while some withdrawal methods may involve third-party processing fees, FXCC has your back—it reimburses those fees when you fund your account.

Are FXCC’s Fees Competitive?

I was glad to see that FXCC has maintained its competitive pricing since my last review—and in some cases, like with the EURUSD pair, it’s even improved. You can sometimes trade it at essentially no cost.

From my testing, FXCC’s spreads are generally on the lower end, though its swap fees are noticeably higher. That said, the broker doesn’t charge volume-based commissions, has a modest inactivity fee, and only applies a handling fee on withdrawals.

Platforms and Tools

MetaTrader 5 Desktop

I tested the desktop version of MetaTrader 5. The charts, orders, and various instruments are located in easy-to-find places, and even first-time traders can quickly learn their way around. My only gripe with the platform is that its charts feel rugged and outdated compared to newer and sleeker trading stations.

FXCC’s MT5 platform is available on Windows and Mac and supports 39 languages, including English, French, Spanish, German, Arabic, Chinese, and more.

MT5 features include:

• Alerts-Setting Option: Traders can set alerts for when the price of a given instrument falls/rises to a predetermined level, which could potentially signal a viable entry opportunity.
• Watchlist Customization: Traders can populate watchlists with their favorite instruments and track market changes more easily.
• One-click Trading: This feature enables instant market entries at the spot price and is invaluable for high-precision traders, such as scalpers.
• Trading from the Chart: Traders can place conventional trading orders directly from the chart, specifying the entry price, volume level, stop and take-profit levels, and more.

In my opinion, MT5 is best suited for automated trading via Expert Advisors (EAs). The platform also has an intuitive strategy tester, allowing experienced algo traders to tweak the parameters of their strategies so that they can be used under different market conditions.

Charts

I have broken down the available analytical tools and chart configurations below:

• 38 technical indicators: Including trend-based and volume-based indicators, and oscillators to analyze price action and assess market sentiment, helping predict market movements.
• 24 drawing tools: Tools like Fibonacci retracement levels and Elliott waves help identify price patterns, support/resistance levels, and breakout points. However, MT5’s design can make price action harder to interpret.
• 21 timeframes: For multi-timeframe analysis, enabling detailed price action analysis. MetaTrader 5 has one of the largest such offerings in the industry.
• 3 chart types: Price action can be displayed as line, bars, or candlesticks, offering diverse perspectives on trading opportunities.

As shown above, MetaTrader’s charts can quickly become cluttered, even with just two indicators. This can obscure price action examination and make it harder to perform detailed technical analysis.

Orders

MetaTrader 5 features three types of order execution: market, pending, and one-click trading, which supports immediate entries at the spot price.

I have broken down the available order types on the MetaTrader 5 platform below:

• Market Orders: Used for immediate entry at the best available price. They guarantee volume filling, though the entry price may differ from the requested price.
• Limit Orders: Guarantee exact price entries, but won’t be filled if the price doesn’t reach the trigger level.
• Stop Orders: They are used to support open positions by limiting the maximum loss that can be incurred if the market turns in the opposite direction. A stop-loss order is placed at a fixed price below or above the spot price. If the market does indeed turn and triggers the stop-loss, it will transform into a market order and get filled at the best possible price.

MT5 Desktop: My Key Takeaways

MetaTrader 5 is a decent option for fast and simple order execution. However, its dated and rugged design is inferior to newer and sleeker platforms. As a trader who prioritizes flexible charts that are easily scalable, I find MT5’s charting capabilities too rigid and less effective.

MT5 Trading App

The MT5 mobile app is available on iOS and Android, enabling quick and easy access to the market on the go. It is very useful for opening, terminating, and adjusting open positions.

You can also use the app to place market, limit, and stop orders, as well as to adjust the exposure of your open trades.

MT5 App: My Key Takeaways

The MetaTrader app stands out for its convenience, making it an essential tool for adjusting trades, especially during periods of heightened volatility. However, I consider it cumbersome and not the best choice for analyzing price action.

FXCC Execution Model

FXCC operates on a hybrid STP/ECN model, whereby client orders are either routed to the broker’s pool of liquidity providers or matched electronically using electronic communications networks.

VPS Hosting Offer

FXCC provides free VPS hosting for ultra-fast order execution. The service is available for free to accounts with a funded and maintained balance of at least $2,500 that also achieve a monthly traded volume of at least 30 lots. Otherwise, the user may be required to pay a $30 subscription fee.

Tradable Instruments

Compared to the industry average, FXCC provides a low number of cryptocurrencies and indices, an average number of commodities, and a high number of currency pairs.

What Are CFDs?

CFDs (Contracts for Difference) let you trade on the price movements of assets—like gold—without actually owning them.

For example, if you go long on gold and the price rises, you profit; if it falls, you lose—without ever buying real gold.

The biggest perk? You can jump in or out of the market quickly to take advantage of even the most minor price changes.

What CFDs Can You Trade With FXCC?

FXCC Instruments: My Key Takeaways

Since my last review of FXCC almost a year ago, I would have expected the broker to expand its tradable instruments offering, but it still has the same limited number of assets. In my estimation, FXCC’s clients would benefit greatly if the broker introduced more share CFDs, ETFs, and futures contracts for a broader and more diverse general offering.

Customer Support

Customer Support Channels

Customer Support Test

When we test a broker’s customer support, we evaluate the agent’s knowledge of their own website, how long it takes them to respond to questions, and how detailed their answers are.

I tested FXCC’s live chat on 16 June at around 09.35 CET. Since I was the only person in the queue, an agent connected within a couple of seconds. His answers were prompt and straight to the point. I proceeded to ask a series of questions about FXCC’s general offering, customer support, margin policy, trading fees, and more, and received quick and satisfactory answers in all cases.

Deposit and Withdrawal

FXCC Deposits

FXCC Withdrawals

Account Types and Terms

How to Open an Account with FXCC?

To create an account with FXCC, follow these simple steps:

1. Click ‘Register’ at the top-right corner of the main page.
2. Enter your name and email address.
3. Choose a password and a trading platform.
4. Confirm your email address.
5. Check your login details in your email.
6. Upload proof of ID and proof of address to verify your account.

FXCC Account Types

I was impressed by FXCC’s innovative one-size-fits-all trading account, which combines zero commissions with raw spreads. In some cases—like trading the EURUSD pair—traders can essentially open positions at no cost. With no minimum deposit required, the account is also highly accessible and budget-friendly.

Demo Accounts

FXCC offers a demo account that lets traders explore the broker’s available platforms and test their strategies in a risk-free environment. Since markets are always changing, it’s important to keep your skills sharp without risking real money. You can open a demo account before or alongside your live CFD account.

Swap-Free (Islamic) Accounts

FXCC offers Islamic accounts for swap-free trading under Shariah law. For additional information, please contact FXCC’s customer support.

What is CFD Leverage?

Leverage determines a trader’s overall market exposure. When trading Contracts for Difference (CFDs), positions can be opened for a fraction of their value because of leverage. Essentially, the broker lends the trader money so that they can open bigger positions. Leverage multiplies the profits a trader generates from winning positions, but also the losses incurred from failed trades.

What Leverage Does FXCC Offer?

In the table below, I have listed the maximum retail leverage available with FXCC for instruments from different asset classes:

FXCC Trade Restricted Countries

FXCC does not accept as clients residents of European Economic Area (EEA) countries, Japan, the USA, or any other jurisdiction where trading with leveraged products is prohibited by law.

Research

Research Tools

I have broken down the available research materials with FXCC below:

• Economic Calendar: The economic calendar is the most rudimentary research tool in a trader’s arsenal. It informs traders of upcoming market releases and financial news that have the potential to create viable trading opportunities.
• Daily Technical Analysis: FXCC tracks three major currency pairs: EURUSD, GBPUSD, and USDJPY. It publishes daily technical analyses for each, highlighting market sentiment (bullish or bearish), potential trade setups (like trend continuations or reversals), key support and resistance levels, and more.
• Morning Roll Call Analysis: Selection of comprehensive articles on various topics that cover current market trends and their driving factors.

The website also has a ‘Forex News’ section, but it appears to lack actual content.

FXCC Research: My Key Takeaways

I appreciated the FXCC market research for its attention to detail and diversity. The daily technical analyses are of particular value to day traders looking to spot viable trading opportunities on the EURUSD, GBPUSD, and USDJPY. This fits nicely with the broker’s low spreads on currency pairs.

My only gripe with FXCC is that it does not incorporate any third-party content from renowned providers, such as Autochartist and Trading Central. It is important to offer nuance and different perspectives so that traders can make informed decisions.

Education

FXCC’s educational materials are of great value to beginners and intermediate traders, but with little to offer to seasoned traders. The broker’s content covers in-depth matters pertaining to technical analysis, fundamental analysis, and trading psychology. I especially appreciated the attention paid to adopting an appropriate trading mentality, which is of utmost importance for long-term success.

The broker could improve its offering by including video content, such as periodic webinars and platform tutorials.

The Bottom Line

FXCC has been operating since 2010 and stands out for its highly competitive trading fees and fast order execution. The broker offers around 100 CFD instruments, all accessible through the MetaTrader 5 platform.

One of FXCC’s biggest strengths is its universal ECN XL account, which combines zero commissions, raw spreads starting from 0.0 pips, and no minimum deposit requirement—making it both cost-effective and accessible. Traders can also benefit from free VPS hosting, ideal for those who rely on low-latency execution for their strategies.

However, the broker’s product range is relatively limited, and it only supports MetaTrader 5—there are no alternative platforms or copy trading features available.

That said, FXCC has made notable improvements since my last review, especially in fee structure and execution quality. Overall, I consider FXCC a strong choice for cost-conscious traders who value speed and simplicity.

FAQ