FXCC Rating, Review FXCC

FXCC RATING REVIEW

-FOREX BROKER RATING {80.2%}

FXCC is a NDD (No-Dealing Desk) Forex broker offering 30+ Forex pairs, Gold and Silver trading plus two US Indices (Dow and Nasdaq). FXCC was found in 2010 and it is regulated by FSA UK and CySEC. FXCC is a member of the Investor Compensation Fund (ICF) and provides segregated client bank accounts to all clients. FXCC operates as an ECN broker and that means it may offer tight spreads.

Trading platforms available by FXCC include MetaTrader-4, Sirix WebTrader and a MAM platform but also ZuluTrade and FX StatBook. There is also a mobile version of Metatrader4 for iOs and Android devices. Automated Trading, Hedging and Scalping are all allowed and the broker offer fast execution and low slippage on execution. The trading spreads start as low as 1 pip on EURUSD.

The maximum capital leverage is 300:1. The minimum deposit to open a new account with FXCC is 100USD and you may fund your account with various methods including Neteller, WebMoney, Skrill etc. FXCC offers also a welcome bonus for all new traders up to 100% of their initial deposit. FXCC is an excellent choice for all types of Forex traders including beginners, advanced and professional traders. Forex scalpers and news-traders will also benefit when trading with FXCC.

FXCC Trading Platforms

  • Minimum Account: 100 USD
  • Fund Methods: CARDS | WIRE | SKRILL | WEBMONEY | NETELLER | UNIONPAY
  • Account Currencies: EUR | GBP | GBP
  • SWAP-Free Accounts: Yes
  • Platforms: MetaTrader4 | Sirix WebTrader | ZuluTrade | FX StatBook MT4 Mobile Apps for iOs and Android
  • Forex Index: FXCC offers 30+ Forex pairs
  • Metals: GOLD | SILVER
  • Energy: NO
  • Commodities: NO
  • Indices: DOW JONES | NASDAQ
  • Customer Support: Live Chat, Phone, eMail, Callback
  • Support Languages: English | Arabic | Chinese | Portuguese | Spanish | French | German | Italian | Greek | Turkish

FXCC Forex Trading

 

Here is the FXCC Rating Summary

» FXCC WEB

FXCC RATING SUMMARY  
Based on the Main Rating Table (MAX 100%)
A. FXCC FUNDS SAFETY 81.7%
B. FXCC TRANSACTION COST 85.7%
C. FXCC TRADING OPTIONS AVAILABLE 76.9%
D. FXCC TECHNOLOGY 75.0%
Overall FXCC Rating 80.2%
RATING PER TRADING EXPERIENCE  
Based on FXCC Sub-Formulas (MAX 100%)
Forex Beginners 82.7%
Advanced Forex Traders 80.2%
Professional Forex Traders 79.6%
Overall FXCC Rating 80.2%


» FXCC DEMO ACCOUNTS | » FXCC REAL ACCOUNTS

 

FXCC FULL RATING REVIEW

This is the full FXCC Rating Report using the Rating Formula v4.1 (under authorization)

FXCC FOREX RATING REPORT    
FXCC TOTAL RATING   100.0% FXCC Broker
      80.2% ANALYSIS
A. FXCC FUNDS SAFETY MAX WEIGHT 26.0% 21.2% FXCC Safety of Funds Rating
A.1 FXCC Regulation FSC (BVI) = 1.0% rating | CYSEC (Cyprus) = 3.0% rating | FFMS (RU) = 3.0% rating | RAFMM (RU) = 3.0% rating | CBI (IR) = 4.0% rating | ASIC (AU) = 4.0% rating | FSC (NZ) = 4.0% rating | FSA (UK) = 6.0% rating | BAFIN (GE) = 6.0% rating | NFA (US) = 6.0% rating | CFTC (US) = 6.0% rating | FINMA (SW) = 8.0% | and MiFID (EU) = +4.0% rating 12.0% 12.0% FXCC is regulated by FCA UK = 6.0%, CySEC = 3.0%, MiFID=+4.0%, Total = (max) 12.0%
A.2 FXCC Headquarters Offshore Countries = 0% | Cyprus and similar = 2.0% rating | Spain, Italy and similar = 3.0% rating | Australia and similar = 4.0% rating | USA, Germany, UK, Switzerland and similar = 5.0% rating 5.0% 2.0% FXCC headquarters are in Cuprus = 2.0%
A.3 FXCC Years of Operation 0-1 Years Operation = 0 % rating | 2-5 Years Operation = 2.0 % rating | 5-10 Years Operation = 4.0 % rating | 10+ Years Operation = 5.0 % rating 5.0% 4.0% FXCC was found in 2010 (5+ years of operation) = 4% rating
A.4 FXCC Client Bank Account Segregation Yes Provided =  2.0 % rating | No it isn't Provided = 0.0 % rating 2.0% 2.0% Segregated Accounts is a FXCC business practice = 2.0% rating
A.5 FXCC Web Ratings (Used for differentiating rating results) EarnForex Rating = 1.0 % rating | ForexPeaceArmy Rating = 1.0 % rating 2.0% 1.2% ForexPeaceArmy = 3.095 / 5.00 | EarnForex= Unrated | Total=  6.19 / 10.0 = Rating 1.238%
A.6 (+) FXCC ADJUSTMENTS        
A.6.1 Company Size Factor 1+ Million of Active Traders = +1.0 % rating 1.0% 0.0% No = 0% Rating
B. FXCC TRANSACTION COST MAX WEIGHT 28.0% 24.0% FXCC Transaction Cost Rating
B.1 FXCC EURUSD Spread < 0.3 pip = 8.0% rating | <0.4 pip = 7.5% rating | < 0.5 pip = 7.0% rating | <0.6 pip = 6.5% rating | <0.7 pip = 6.0% rating, | <0.8 pip = 5.5% rating | <1.0 pip = 5.0% rating | < 1.25 pip = 4.5% rating | < 1.5 pip = 4.0% rating | <1.75 pip = 3.5% rating | >2 pip = 3.0% rating | < 2.5 pip = 2.0% rating | < 2.5 pip = 1.0% rating | < 3 pip = 0.5% rating 8.0% 5.0% EURUSD starts at 1.0 pip = 5.0%
B.2 FXCC GBPUSD Spread < 1.0 pip = 5.0% rating | <1.25 pip = 4.0% rating | < 1.5 pip = 3.0% rating | < 1.75 pip = 2.5% rating | < 2 pip = 2.0% rating | < 2.25 pip = 1.5% rating | < 2.5 pip = 1.0% | < 3 pip = 0.5% 5.0% 3.0% GBPUSD starts at 1.5 pips = 3.0%
B.3 FXCC USDJPY Spread < 1.0 pip = 4.0% rating | <1.25 pip = 3.5% rating | < 1.5 pip = 3.0% rating | <1.75 pip = 2.5% rating | < 2 pip = 2.0% rating | < 2.5 pip = 1.0% rating | < 3 pip = 0.5% 4.0% 3.0% USDJPY starts at 1.5 pips = 3.0%
B.4 FXCC Trading Commissions Charged No Commissions = 7% rating | Commissions < $5 / lot = 3% rating | Commissions < $8 / lot = 1% rating | Higher Commissions = 0% rating 7.0% 7.0% No trading commissions on the tested account type = 7.0% rating
B.5 FXCC Funding Commissions No Funding Fees = 2.0 % rating | Yes = 0 % rating  | One Free Withdrawal Per Month = 0.5 % rating 2.0% 2.0% No withdrawal fees = 2.0% rating
B.6 FXCC Maintenance / Inactive Fees No Maintenance / Inactive Fees = 2.0 % rating | Yes Maintenance / Inactive Fees = 0 % rating 2.0% 2.0% No Inactive Fees = 2.0% rating
B.7 (+) FXCC ADJUSTMENTS        
B.7.1 FXCC Execution ECN / DMA Execution = +2.0 % rating | STP Execution = +1.5 % rating | Dealing Desk Execution = +0.0% rating 2.0% 2.0% ECN operation = +2% rating
C. FXCC TRADING OPTIONS AVAILABLE MAX WEIGHT 26.0% 20.0% FXCC Trading Options Rating
C.1 FXCC Index of Forex Assets 45+ Forex Pairs = 8.0% rating | 40+ Forex Pairs = 7.0% rating | 35+ Forex Pairs = 6.0% rating | 30+ Forex Pairs = 5.0% rating | 25+ Forex Pairs = 4.0% rating | 20+ Forex Pairs = 3.0% rating | 15+ Forex Pairs = 2.0% rating | 10+ Forex Pairs = 1.0% rating | Less than 10 Forex Pairs = 0% rating 8.0% 5.0% FXCC asset index contains 30+ Forex pairs = 5.0% rating
C.2 FXCC CFD Trading Yes CFD Trading = 2.0 % rating | No CFDs = 0.0 % rating 2.0% 2.0% FXCC provides CFD trading = 2.0% rating
C.3 Availability of Free Demo Account Yes = 2.0 % rating, No = 0.0 % rating 2.0% 2.0% A free demo account is an option when trading with FXCC = 2.0% rating
C.4 FXCC Capital Leverage Leverage > 100:1 = 2.0% rating | Leverage > 75:1 =1.5% rating Leverage > 50:1 = 1.0% rating 2.0% 2.0% 300:1 max leverage = 2.0% rating
C.5 FXCC Promotions   6.0% 3.0%  
C.5.1 FXCC Welcome Bonus (%) Welcome Bonus >50% = 6% rating | Welcome Bonus >40% = 5% rating | Welcome Bonus >30% = 4% rating | Welcome Bonus >20% = 3% rating | Welcome Bonus >15% = 2% rating | Welcome Bonus >10% = 1% rating   3.0% 100% Welcome Bonus = 6.0 rating | Credit Bonus {50% of total rating} | Total rating = 3.0%
C.5.2 FXCC Trading Rebate (%) Trading Rebate >30% = 6% rating | Trading Rebate >25% = 5% rating | Trading Rebate >20% = 4% rating | Trading Rebate >15% = 3% rating | Trading Rebate >10% = 2% rating | Trading Rebate >5% = 1.0% rating   0.0%  
C.6 FXCC Minimum Account Min Account < $500 = +1% rating | Min Account < $1,000 = +0.5% rating 1.0% 1.0% Minimum Deposit 100 USD = 1.0%
C.7 FXCC Deposit Methods For every available deposit method = 0.5% rating max = 5 methods 2.5% 2.5% Five (5) methods = 2.5% rating
C.8 FXCC Withdrawal Methods For every available withdrawal method = 0.5% rating max = 5 methods 2.5% 2.5% Five (5) methods = 2.5% rating
C.9 (+) FXCC ADJUSTMENTS        
C.9.1 Asset Index with more than 100 Forex Pairs Yes more than 100 Pairs = 1.0 % rating / No = 0 % rating 1.0% 0.0% 30+ Forex pairs = +0%
C.9.2 Interest on Unused Funds Yes Interest on Funds = 0.50 % rating No = 0.0 % rating 0.5% 0.0% No = 0% Rating
C.9.3 FXCC Contests / Championships Yes Available = 0.25 % rating | No = 0 % rating 0.25% 0.0% No = 0% Rating
D. FXCC TECHNOLOGY MAX WEIGHT 20.0% 15.0% FXCC Technology Rating
D.1 FXCC Trading Platforms Availability For every Trading Platform = 1.0% rating max = Five (5) platforms 5.0% 3.0% Three (3) main platforms -MetaTrader-4, FXStat TradeBook and Sirix WebTrader = 3.0% rating
D.2 FXCC Slippage on Execution Slippage  < 0.5 pip =  4.0% rating | < 0.75 pip =  3.5% rating | < 1 pip = 3.0% rating | < 1.25 pip =  2.5% rating | < 1.5 pip = 2.0% rating | < 1.75 pip =  1.5% rating | < 2.0 pip = 1.0% rating 4.0% 2.0% Below 1.5 pips = 2.0%
D.3 FXCC Allowance of Automated Trading Yes it is Allowed = 2.0 % rating  / No = 0 % rating 2.0% 2.0% Expert Advisors are allowed = 2.0% rating
D.4 FXCC MT4 Platform Availability Yes it is Provided = 2.0 % rating / No = 0 % rating 2.0% 2.0% MetaTrader4 platform is available = 2.0% rating
D.5 FXCC Mobile Trader Availability For every Mobile Device = 0.50 % rating, max = Four (4) mobile devices  2.0% 1.0% MT4 Mobile Apps for iOs and Android = 1.0% rating
D.6 FXCC Scalping / Hedging Allowance Yes to both = 1.0 % rating | Only Hedging or Scalping = 0.5% rating | No to both = 0 % rating 1.0% 1.0% Yes both = 1.0% rating
D.7 FXCC Customer Support 24/7 Customer Support = 1.0 % rating | 24/6 Customer Support = 0.5 % rating | 24/5 Customer Support = 0 % rating | email support = 1.0% rating | Phone support = 1.0 %. | Live Chat support = 1.0 % rating | Skype support = 0.5 % rating | Call-Back = 0.5 % rating 4.0% 3.0% 24/5= 0%, eMail, Phone, Live Chat = 3.0%
D.8 (+) FXCC ADJUSTMENTS        
D.8.1 FXCC PAMM / MAM Accounts Yes PAMM / MAM = 0.5% rating | No = 0 % rating 0.5% 0.5% MAM accounts = +0.5% rating
D.8.2 FXCC Availability of API Trading Yes to API trading = 0.5 % rating | No API trading not available = 0.0 % rating 0.5% 0.5% FXCC provides API trading = +0.5%
    TOTAL FXCC RATING  80.2%   

 

FXCC (FX Central Clearing Ltd) Licenses and similar Information

(1) FSA (UK), number 549790

(2) CySEC (Cyprus), number 121/10

(3) FXCC is audited by Deloitte

(4) All client funds are held in segregated accounts, totally separate from any and all FXCC corporate accounts

(5) FXCC is a member of the Investor Compensation Fund (ICF)

(6) Client trades are cleared through 14 tier-one banks such as Deutsche Bank, J.P. Morgan, UBS and others

 

» FXCC DEMO ACCOUNT REGISTRATION | » FXCC REAL ACCOUNT REGISTRATION


 

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FXCC Rating -Review FXCC

ForexValuation.com (c)

Note: The above FXCC Rating was made using the TradingCenter Rating Formula v4.1 under authorization

Rating Formula Concept by George M. Protonotarios, MSc “International Banking and Finance”