FX Central Clearing Ltd

FX Central Clearing Ltd, trading as FXCC, is a Cyprus-based forex and CFD broker established in 2010. The company is registered in Cyprus and operates under the regulatory oversight of the Cyprus Securities and Exchange Commission (CySEC) as a Cyprus Investment Firm (CIF).

FXCC positions itself as an STP (Straight Through Processing) and ECN (Electronic Communication Network) broker, aiming to provide transparent and competitive trading conditions. The brand serves both retail and institutional clients, with a focus on low-latency execution and deep liquidity.

FXCC is regulated by CySEC under licence number 121/10, which is publicly verifiable on the CySEC register. As a CySEC-regulated broker, it must comply with the European Securities and Markets Authority (ESMA) rules for EU retail clients, including leverage caps (up to 1:30 for major forex pairs) and negative balance protection.

For clients outside the EU, the broker also offers services through an offshore entity (Central Clearing Ltd) registered in the Comoros Union (Mwali), which allows higher leverage up to 1:1000. However, this offshore entity is not subject to the same regulatory protections as the EU entity.

FXCC offers three main account types: ECN XL, ECN Standard, and ECN Advanced. The ECN XL account is marketed as a commission-free account with variable spreads from very low levels and no minimum deposit requirement. The ECN Standard account requires a higher minimum deposit and offers lower leverage, while the ECN Advanced account is designed for professional traders with higher volume requirements.

All account types support forex, commodities, indices, and cryptocurrency CFDs. Leverage varies by account and jurisdiction, with EU retail clients capped at 1:30 and offshore clients able to access up to 1:1000. The broker does not charge any commission on the ECN XL account, while other accounts may have commission structures.

FXCC provides the industry-standard MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms. These platforms are available for Windows, Mac, iOS, Android, and web browsers. Both platforms offer advanced charting, multiple timeframes, technical indicators, and support for automated trading via Expert Advisors (EAs).

The broker also offers a web-based platform accessible without installation, as well as a mobile app for on-the-go trading. Additionally, FXCC provides negative balance protection for EU clients and a demo account for practice.

FXCC supports a variety of deposit and withdrawal methods, including bank wire transfers, credit/debit cards (Visa, Mastercard), and e-wallets such as Neteller and Skrill. The minimum deposit varies by method, with some options having no minimum deposit. Withdrawals are typically processed within 1-10 business days, depending on the method.

The broker does not charge deposit fees, but withdrawal fees may apply for certain methods. There is also a 100% first deposit bonus available for new clients, subject to terms and conditions.

FXCC offers customer support via email, phone, and live chat. The support team is available during market hours (24/5). The broker's website is available in multiple languages, including English, Arabic, and Chinese. An FAQ section is also provided on the website to address common queries.