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FXCCReviews 68

3.7

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FXCC Reviews Summary

The company has established a solid reputation within the forex brokerage industry, praised for its competitive trading conditions, including attractive leverage options and low spreads. Customers appreciate the transparency and reliability of the platform, often highlighting the quality of its educational resources and customer support. However, concerns persist regarding withdrawal processes, with some users experiencing delays and additional fees. Overall, while the company demonstrates strengths in product offerings and customer service, it faces challenges in addressing withdrawal-related issues, which could impact customer trust and satisfaction.

This summary is generated by AI, based on text from customer reviews

service
25
value
10
quality
19

We monitor reviews for authenticity

Australia
1 review
0 helpful votes
Follow Shani R.
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Yesterday I tried to make a withdrawal to my crypto wallet and ran into troubles. Their withdrawal policy states "Withdrawal requests will be sent the same way the funds were received and up to the initial deposited amounts. Profits will be withdrawn using Bank Wire Transfer or a crypto wallet." I have funded my account from a crypto wallet ($10K) and a bank card ($10K). Based on the above withdrawal policy, I should be able to withdraw $10K to my crypto wallet and $10K to my card, then further withdrawals can be sent to either. I attempted to withdraw $10K to my crypto wallet as I needed the crypto funds urgently, and was told "as per our withdrawal policy all refunds must go to your card first, then to other methods." When I contacted costumer service and the financial team and told them this is not what their withdrawal policy states I was ignored and only told to confirm the withdrawal to my card. This is an obvious breach of their own displayed withdrawal policy and given they're lying about that, I no longer trust this broker about any thing and will be moving my funds elsewhere ASAP. I would suggest you avoid this broker!

Date of experience: January 23, 2024
GB
1 review
0 helpful votes
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FXCC IS A SCAMMER!
September 10, 2023

M.sabah account number:*******
I opened an account two weeks ago and they say that they giving me 100% bonus which is absolutely a lie.I had 580 Pound in my account plus 320 pound bonus they gave me so I had four position on gold and it went down for 440 pounds and they closed all of my position with out my permission and they took the bonus out of my account straight away. They were charging me commission and 9 pounds swap every night plus something called charges? So know I made a complaint to their regulator called CySEC Cyprus securities and exchange and I will share the result here again

Date of experience: September 10, 2023
Bangladesh
1 review
1 helpful vote
Follow MST SHARMIN A.
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They are trying to stealing my money
February 14, 2023

They are trying to stealing my money, beaware traders. At the time of withdrawal they ask for selfie in name of random security check, I gave them my selfie, they are again asking for another selfie. I denied it and told them to giving back my initial money, but they are denying it. They easily verify your accounts but end of the day they will harass you in name security check. I will give you update later once they give my initial back or not. Maybe I have to go to regulations for this, but lets see what they do, it been 3 weeks since I they stuck my withdrawal!

Date of experience: February 14, 2023
South Africa
1 review
0 helpful votes
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Comparatively cool one
February 13, 2023

FXCC seems to be a comparatively strong broker with comprehensively developed trading conditions. There is something to develop but these are trifles.

Date of experience: February 13, 2023
GB
1 review
0 helpful votes
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FXCC bonuses
January 19, 2023

The bonus system that FXCC provides to its first-time customers helped me to grow my initial deposit dramatically.
I can't recommend the same way to everybody, as you have to know how to handle leverage and always follow the risk management that you set for your trading strategy.

Date of experience: January 19, 2023
India
1 review
0 helpful votes
Follow Haidar G.
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Three years passed until I started to understand smth in intraday trading. Here attention and patience rule and. Trading conditions. The latter I get here.

Date of experience: January 10, 2023
India
1 review
0 helpful votes
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Comparatively interesting broker with own distinctive traits.in general, all conditions are quite similar to something that other brokerage companies offer, but, simultaneously, there are some differences. They are minor actually, unprepared and unskilled traders would barely notice them.

Date of experience: December 30, 2022
India
1 review
0 helpful votes
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It's OK
December 19, 2022

It's hard to pass by it because I appreciate brokers who don't charge fees. Here's it's backed by good spreads. Secondly, it's good that it's all turned out real, not just promised.

Date of experience: December 19, 2022
Italy
1 review
0 helpful votes
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My opinion
December 2, 2022

Yes, FXCC, just like any other broker has services that can be improved. If you try to look for flaws, FXCC has them.
But the most important thing for me is that the disadvantages of this broker are minor, and I can make a profit. And we're all here for the profit.

Date of experience: December 2, 2022
Canada
1 review
1 helpful vote
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Learning center
November 28, 2022

The distinctive trait of this company is the presence of a strong educational center that is aimed at gradual skills development.

Date of experience: November 28, 2022
Australia
1 review
0 helpful votes
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It doesn't let me down
November 26, 2022

I'm confident with this broker because for the time I trade with it nothing bad happened to me and particularly my depo. Of course, I mean non-trading reasons such as fraud or careless attitude to me or something like this. The broker showed that it's genuine.

Date of experience: November 25, 2022
India
1 review
0 helpful votes
Follow Mitesh S.
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Not bad, I admit
November 22, 2022

I actually promised myself not to change my broker again, but it had some major problems. Then I registered here and tried FXCC a little bit. I am still not sure actually whether or not I will be transfering here all my capital. But this platform has none of the major trust problems, reliability issues, dubious questions about withdrawals and deposits. It is all going normal for now.

Date of experience: November 22, 2022
India
1 review
0 helpful votes
Follow Amrit M.
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Pretty simple things brought me here. The broker offers a reasonable leverage size, namely 1:500. Earlier I tried to trade with higher leverage many times. It was an insane thing. I mostly lost. This leverage is optimal in terms of margin size, risk and profitability.Secondly, I like commission-free trading and spreads here.

Date of experience: November 17, 2022
Malaysia
1 review
0 helpful votes
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Some of the best trading conditions I have seen are offered by this broker. I intend to trade with this broker for a long time.

Date of experience: October 30, 2022
Brazil
1 review
2 helpful votes
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Control and regulation
October 27, 2022

I had an experience with different brokers but they were kind of dubious ones. The main thing I always cared about is security. I need my funds to be safe.
There is no problem with regulation at FXCC. Broker is regulated by CySEC and that means something.
And one more thing that I find useful is numerous ways of deposit/withdrawal. Bank cards, bank wire transfer and a lot of alternative payment methods are available. That means you can always operate your money.

Date of experience: October 26, 2022
Germany
1 review
0 helpful votes
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Pros overweigh flaws
October 24, 2022

The broker has so appealing terms and conditions for trading. I think it's one of the most lucrative forex brokers I've ever seen.
It doesn't mean that it has no flaws though. For example I don't like the commission for withdrawals. But I think I'll deal with it. Ultimately my profits will cover everything.

Date of experience: October 23, 2022
Slovakia
1 review
1 helpful vote
Follow vit s.
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Earlier I traded major currency pairs, but recently I became greatly interested in crosses. The more I learned about them the more they became interesting for me. However, I didn't want to give up trading majors. I proceeded trading'em with other brokers, but also signed up here to trade crosses only.
I like that the broker offers the same leverage for majors and crosses.

Date of experience: October 18, 2022
Canada
1 review
0 helpful votes
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Economic education
October 5, 2022

Very knowledgeable website of Fxcc. It gives a lot of information about different economic factors.
For instance I didn't know about the impact interest rates have on the price movements of currencies.

Date of experience: October 5, 2022
Austria
1 review
1 helpful vote
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It suits me
September 28, 2022

My main interest with this broker was the trading conditions for minor currency pairs. For me, it's crucial that it's possible to trade minors with the same leverage size as major currency pairs. Some brokers provide smaller leverage for minors that make trading them less profitable as trading majors. This broker allows to trade all currency pairs without exception with 1:500.
So, I signed up and trade my favorite crosses here with the Australian and New Zealand dollars included. The technical side of trading here suits me. I mean I like the execution and the withdrawal procedure.

Date of experience: September 27, 2022
France
1 review
1 helpful vote
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Trading on the platform
September 24, 2022

The only issue I have with the broker is that MT4 is the only available platform. It is an excellent place to trade, but it would've been better with a bit of variety. Although, I still like trading on the platform because I think MT4 is a universal platform.

Date of experience: September 23, 2022

From the business

FXCC is a forex and CFD broker. It provides brokerage services internationally and is regulated by the Cyprus Securities and Exchange Commission. FXCC reviews indicate that the edge of this broker is keeping the trading fees as low as possible to match the most demanding clients' expectations. At the same time, it maintains the status of the brokerage with excellent executions based on straight-through processing.
This is a no dealing desk broker that executes orders using the STP/ECN model, which guarantees that the clients get the best executions with minimized risk of slippages and no requotes. "The broker on your side" became the slogan of FXCC as it does not trade against its customers. Instead, it uses institutional partners' liquidity pool to guarantee the tightest spreads and best quality of service to its customers. Such a business model assumes FXCC is interested in its customers' long-term success and hopes to grow and prosper together.
FXCC supports many deposit and withdra...


fxcc.com
Port Vila, Vanuatu