FXCC

FXCC (FX Central Clearing Ltd) is a Cyprus-based brokerage founded on 11 September 2017. The company is registered at Amorosa Centre, 2nd floor, 2 Samou Street, 4043 Yermasoyia, Limassol, Cyprus. It operates as a forex and CFD broker, offering trading on forex, gold, and silver with leverage up to 1:200 on the MetaTrader 4 platform. Despite being registered in Cyprus and holding a CySEC license (no. 121/10), the broker’s own description states it is unregulated, which may reflect a discrepancy or a specific business model.

FXCC positions itself as an ECN broker, emphasizing transparency and fast execution. With a minimum deposit of $100, it targets both retail and professional traders. The company reports zero employees, which aligns with a lean operational structure.

FXCC holds a Forex Execution License (STP) from the Cyprus Securities and Exchange Commission (CySEC) under license number 121/10. CySEC is a recognized regulator within the European Union, and firms authorized by CySEC are subject to MiFID II requirements, including client fund segregation. However, the broker’s own company description labels it as unregulated, which may indicate that certain services or account types fall outside regulated scope—a point traders should verify directly.

Other regulatory bodies do not appear on file. No FCA, ASIC, or other major regulator oversight has been claimed. Traders outside the EU should be aware that protection levels may vary.

FXCC offers three ECN account tiers: ECN Standard (minimum deposit $10,000–$100,000), ECN XL ($100–$10,000), and ECN Advanced ($100,000 and above). Maximum leverage is 1:30 for the Standard and XL accounts, while the Advanced account offers up to 1:200. Specific spreads and commissions are not disclosed in the public information, but the broker claims tight spreads and no hidden fees.

All accounts are designed for the MT4 platform and support scalping and hedging. Islamic (swap-free) accounts are available upon request. The tiered structure suits different capital levels, though the wide deposit range for Standard and XL accounts is unusual.

Deposits can be made via VISA, Skrill, and Neteller. These methods are also available for withdrawals. The broker does not explicitly list bank wire or other e-wallets, but users report that crypto deposits and withdrawals are supported in practice. The minimum deposit is $100 for most accounts.

Funding processing times are described by users as instant for deposits, while withdrawals may take from 2 hours to 3 days depending on the method. The broker’s withdrawal policy states that funds are returned to the original source, and profits may be sent via alternative methods.

FXCC lists forex (major, minor, and exotic pairs), gold, and silver as tradable instruments. It does not specify the number of pairs or availability of CFDs on indices, commodities, or cryptocurrencies. The only trading platform offered is MetaTrader 4 (MT4), with desktop, web, and mobile versions.

MT4 is widely used for automated trading, custom indicators, and Expert Advisors (EAs). FXCC’s focus on ECN execution suggests good compatibility with scalping strategies, though some user reviews caution against high slippage.

FXCC primarily caters to experienced retail and professional traders who value low spreads and fast execution. The multiple account tiers allow scaling from beginner to high-volume trading. The broker’s zero-politics stance on trading styles (scalping, hedging, EA use) appeals to active traders.

However, the mixed review profile—especially withdrawal complaints—may deter risk-averse users or those new to Forex. The broker’s apparent discrepancy regarding regulation (CySEC-licensed yet self-described as unregulated) also suggests that potential clients should conduct thorough due diligence before committing funds.