There are a number of important features that you should look for when choosing an FXCC broker. These include low deposit requirements, a variety of deposit methods, and free or low-cost withdrawals. Withdrawals can be made in the same form as deposits, up to the initial deposit amount. Withdrawals are also not available for larger amounts than your initial deposit, but can still be processed for free.
MetaTrader 4
FXCC offers the MetaTrader 4 platform, a popular platform for online forex trading. It is compatible with most operating systems and provides advanced technical indicators, analytical objects, and charting tools. It is also available as a mobile application. It supports multi-terminal trading, allowing the user to manage multiple accounts at once. This makes MetaTrader 4 an ideal choice for traders looking to diversify their positions.
The MetaTrader platform is free to download and comes with a built-in library of over 50 indicators. It also features market orders, pending orders, stop orders, and embedded tick charts. It is also equipped with a programming language known as MQL4. Moreover, it allows the trader to hedge as many accounts as they want.
The FXCC broker offers competitive ECN pricing and commission-free trading accounts. It is also CySEC-regulated and follows the MiFID guidelines in the EEA. The platform allows traders to place orders with great precision and high leverage. The broker also provides good customer service and a generous welcome bonus.
The FXCC broker and MetaTrader 4 review highlights FXCC’s competitive prices, tight spreads, and a range of other features. FXCC also boasts a regulated environment and transparent pricing. This means that their customers’ equity will remain secure and safe. Its customer service is also second to none.
Commission-free trading
The FXCC broker has a reputation for being a trustworthy and fair broker. Its no dealing desk execution model eliminates the need for re-quotes and other dealer interference. The firm’s price aggregator automatically scans the market for the best bid/offer price combinations. This ensures the most transparent and competitive executions possible. In addition, the company’s customer support is responsive and knowledgeable.
In addition to commission-free trading, the FXCC broker offers a host of complementary tools. Its Traders Hub offers free market reports and educational materials. The FXCC broker offers a variety of technical and fundamental analysis, as well as a daily news summary. The FXCC broker also offers a demo account and supports trading from mobile devices. Traders can also take advantage of FXCC’s ECN pricing and leveraged products.
FXCC offers trading in over 70 major, minor, and exotic currency pairs. It also has one of the lowest forex spreads in the industry. The broker also offers trading in spot gold contracts, silver, palladium, and platinum against the U.S. dollar, making commission-free trading even more attractive. In addition, it offers commission-free trading in the ECN XL account.
FXCC was founded in 2010 and employs nearly forty people. Its website has an easy-to-use user interface and informative content. It is free of filler and technical jargon. It also provides users with a handy ‘Average Effective Spreads’ tool, which allows them to determine whether they are getting the best value for their money.
No dealing desk
If you want to trade forex online without dealing with a dealing desk, you can use FXCC broker. This broker has a proven track record and has won several awards at the UK Forex Awards. It has a straightforward business model that is based on Straight Through Processing (STP). This eliminates potential conflicts of interest and price markups.
A no dealing desk broker is more flexible than a traditional market maker and has lower fees. This type of broker has fewer regulatory requirements and is often better suited for investors with a solid understanding of the business model. A no dealing desk broker will guarantee that their customers receive the most current trading information without any dealer intervention.
A no dealing desk broker does not have a trading desk, and instead passes trades to a liquidity provider on the interbank market. This liquidity provider matches orders and trades automatically. A no dealing desk broker does not have corresponding client orders, and the broker cannot make a profit from the spread of their liquidity provider. A no dealing desk broker’s goal is to make the customer happy.
In order to ensure a secure environment for clients, FXCC has adopted procedures that go beyond the basic rules of trading. It also closely monitors all of your financial requests to ensure that they are safe. As a broker, you want to feel confident that your money is in safe hands. Luckily, FXCC is regulated and has been around for several years. They also have a strong reputation for delivering quality deals, so you can feel good about using FXCC broker.
Good customer service
FXCC is a Cypriot ECN / STP broker that offers standard trading terms and conditions. It has a good reputation for customer support and offers a variety of deposit and withdrawal options. At present, the broker is running a promotion that offers customers free deposits and withdrawals.
FXCC supports top MT4 trading platforms, and a mobile application. The broker is also regulated by CySEC, a respected financial regulator. It follows the MiFID guidelines for EEA trading. Lastly, the broker offers a free VPS service for trading bots. However, FXCC is not suitable for all traders.
The broker provides good customer support and provides educational resources for beginners and professionals. There is a dedicated account manager available for help and advice. You can also use their live chat service, online form, and phone number. FXCC also has a social media presence. Their MT4 mobile trading platform provides excellent trading features such as real-time market pricing. The platform is also compatible with iPhone and Android devices.
Another advantage of FXCC is their extensive educational resources. They feature technical, informative, and matter-of-fact courses. In addition, they have a low overall fee and good trading conditions. This helps to make up for the low number of trading instruments available. It is also important to note that the European entity of the FXCC is regulated by CySEC and follows MiFID regulations. The offshore entity, however, is subject to different regulatory requirements.
Low overall fees
FXCC is a reputable forex broker with over a decade in the industry. Their business model is based on Straight Through Processing (STP) which eliminates the possibility of price markups or conflicts of interest. They are also regulated by CySEC and follow MiFID regulations.
FXCC is regulated in Cyprus and Vanuatu and offers a popular MT4 platform for its clients. They also offer low spreads and no minimum deposit requirements. The EUR/USD spread is just 0.6 pips, which is relatively tighter than many other brokers. The downside is the limited demo account that expires after 30 days, making them difficult for beginners to try. The good news is that FXCC’s customer support is excellent, and the company takes a personal approach to its partners. They will help you set up marketing plans and provide technical support.
Low overall fees for FXCC broker include no minimum deposit, which is an appealing feature for beginners. This is especially important for the first-time trader because he or she may not be able to trade full-time during the workweek. Another plus is the wide variety of deposit methods available to customers. However, keep in mind that these options may carry third-party fees, which FXCC absorbs.
FXCC’s website is easy to navigate and provides relevant information without technical jargon or unnecessary filler. The website also has a helpful ‘Average Effective Spreads’ tool. The website also includes seven social media channels and an FAQ section.
Accessible to beginner traders
As a broker for beginner traders, FXCC has several features that make it an excellent choice. This includes no minimum deposit requirements and a variety of educational and research materials. Furthermore, the spreads offered at FXCC are low, making it easier for even beginner traders to build trading systems. In addition, the broker’s 24-hour customer support will help you with any questions or problems that you may have.
To open an account, new traders should visit FXCC’s website and click the “Register” button. The next page will prompt you to fill in your name and e-mail address. You will also need to enter a password. The broker will also require a copy of your ID and a proof of residency document. After completing the registration process, new traders should enter the details of their trading account and choose the base currency, level of leverage, and expected deposit amount.
The FXCC website provides a variety of deposit methods, including credit/debit cards and bank wire transfers. You can deposit through most major international banks, as well as numerous local options. You can also withdraw your funds through a variety of methods, including Neteller and UnionPay. Withdrawals are generally free, but some may have processing fees. Bank wires are usually smooth and error-free, but you may experience a technical dispute in which you need to use technical analysis.
FXCC has a reputation for being a good choice for beginners. The broker also provides a wide range of educational materials and a dedicated customer support center. Besides, the broker is well-known for not charging any commissions. Another positive feature is the ECN XL account. This account type offers no minimum deposit requirements, zero commission fees, and a platform that allows you to trade on the MT4 platform.
