FXCC
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There are quite low spreads and this thing is something that I seeked for a very long time actually.
Overall
That is a fairly good broker which can be worked with. First of all, it has official regulation. Some traders tend to deminish this fact claiming that it doesn't mean anything, but they are absolutely wrong.
Secondly, the broker offers terrific trading conditions. The spreads are really tight and there are no commissions. All the charges are transparent and vivid, so that you won't have unpleasant surprises after closing the deal.
The only thing I don't really like is the fact that it has limited financial instruments to trade. There are no stocks to trade, which is pretty disappointing 😕
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I am of course shocked at how much analysis they have.
It is a treasure trove of useful information.
I recommend it to be studied!
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I think that it makes sense to join this broker if you are an experienced trader. It’s because it offers very good trading conditions but instead it urges you to meet one requirement that could be a problem for a novice trader. Here you can’t withdraw less than fifty bucks. It’s no problem for professionals working with big lots to earn this amount and withdraw it, but newbies trading microlots may struggle to do this.
As for trading conditions, they are exceptional. In addition to tight spreads, the broker doesn’t charge commissions and swaps.
Advantages
Commission-free trading
No swaps
Tight spreads
Disadvantages
You can’t withdraw less than 50 bucks
Overall
Yes, I also like the terms and conditions offered by FXCC. I am a scalper and I like the fact that here I can trade like that.
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I trade ninja pair here. I like the fact that this currency is not tied to european and american trading sessions too much.
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FXCC has been working for a long time and I would like my broker to be experienced. I found out that this company was founded by traders and did everything as it should be done as a simple trader. I admit, it won me over. Perhaps this was the main reason why I opened an FXCC demo account.
I liked the fact that the Metatrader 4 trading platform is used here. But to tell the truth, I didn’t like it right away .. At the beginning it seemed to me that Metatrader was too complicated, but after a week I already understood what and why it was necessary here and how to quickly open orders.
I understand that it takes time to become a professional .. I understand .. but I have no choice.
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I came here with the only purpose to scalp because I was first attracted by good spreads and commission-free trading. However, over time I also started practicing long-term trading here. Why not? In addition to good spreads and commission-free trading, the broker also doesn’t charge swaps that makes it very beneficial to hold trades in the long term. You know that once a pullback lasts longer then you expect negative swaps can eat up your demo slowly but confidently. That’s very painful to see. Here you will not face this.
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I live in the countryside and my Internet connection is not very stable, so I periodically lose connection. I am interested in what can be done in such cases. No connection, the connection is interrupted, will it affect my trading?
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I managed to catch a strong downtrend on gold and silver last week, and I’m very glad. THe FXCC broker has very attractive conditions for trading these CFDs including leverage, margin requirements and spreads, so active trading brings good results.
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I 100% agree with you. That’s a universal broker for a wide range of traders.
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Do not think of FXCC as a place where everyone can become a millionaire.
In fact, it is just a brokerage company that presents the usual brokerage terms that you can find in any other company.
Of their obvious advantages, I can note the fact that they gave a fairly large range of leverage and prepare a lot of analytics that can be immediately used to work on fundamental analysis - they really do detailed reviews and other useful things.
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FXCC has a great combination of trading platforms, leverage, zero commissions and tight spreads for many currency pairs. Given comparatively low margin requirements, I can take advantage of diversification of trades, opening deals on many assets.
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It seems to me that FXCC is the perfect broker for day traders and scalpers. Didn't you know this?
If you trade intraday, there will be no spread and no commission. Of course, this is not for all assets, but it's still cool. Also FXCC allows scalping and hedging. A leverage of 1: 500 is available for trading.
I think it's cool. I have already started trading!
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I trade with this broker. I can’t complain about execution and anything else related to the technical side of trading. Withdrawals are hassle-free too. However, it took some time to adapt to a high withdrawable amount.
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I urgently required a trustworthy broker with high leverage and I found this company to my great luck. That’s a big problem to find a good broker in Australia. The problem with brokers in this country is that local regulation is very strict. Therefore, Australian brokers have to lower their leverages. It makes Australian traders look for alternatives abroad. Fortunately, the Internet allows to do it easily.
I found this broker and am satisfied with its trading conditions. Leverage 1:500 is quite high for me, especially compared to what I had to work with in Australia.
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I usually trade manually with FXCC. The broker has attractive trading conditions, so I joined it recently. I can say that such low spreads, zero commissions and quite moderate margin requirements would be good for high-frequency trading strategies using algorithms. Tell me please, has anyone tried them with FXCC? If yes, how are the results?
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My main reason for liking mt4 was quickness of its work, I used to be a little bit slow when I was using Metatrader 5, probably it depends on the broker of course. When I came across feedbacks on FXCC I found that they have instant execution of orders and the platform is very stable. I decided that if they write so in the reviews, then I should try it, I got registered, made a deposit and started trading immediately. Yes it is, the platform works quickly, smoothly, accurately, without glitches and freezes. So, my old company is not even on par with the ones like FXCC, there are no problems with it! There is a Daily Tech Analysis, but only three currency pairs are considered. There is support for MT4, as well as Multi Terminal and Multi Account Manager under MT4. I like this broker.
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You know that there are three trading sessions. FXCC allows you to trade 24 hours a day, which means you can trade currency pairs at night that have volatility at night.
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You have to be prepared for difficulties. It's a fun job, making good money is great, but it has to be learned. FXCC broker provides such opportunities and you need to be a fool not to take advantage of it.
Of course, a demo account is a very important step. Metatrader 4 is not as simple as it might seem. It was not easy for me, but it may be easier for some of you. Try it. It's free.
I understand that a normal deposit is needed to trade. In fact, it is better to have good money in order to trade with a good profit, but if you only have $ 100-200 then this is enough. There is a leverage of 1: 500 which will help increase your trading volume, but do not forget that this is also a risk.