Broker Review · last checked July 2, 2026
FXCC Review
This FXCC Review finds that the broker presents its ECN XL account as an STP/ECN offering with MT4 and MT5 access and no stated minimum deposit. Official documents associate FX Central Clearing Ltd with CySEC regulation under licence 121/10. Its payment pages list method-specific limits and processing times that warrant checking before funds are sent.
- Regulators listed: CySEC
- Platforms: MT4, MT5
- No minimum deposit shown on the ECN XL account page
In brief
Our FXCC review verdict
This FXCC Review finds that the broker presents its ECN XL account as an STP/ECN offering with MT4 and MT5 access and no stated minimum deposit. Official documents associate FX Central Clearing Ltd with CySEC regulation under licence 121/10.
- 01Regulators
- CySEC
- 02Trading platform
- MT4, MT5
- 03Entry cost
- No minimum deposit shown on the ECN XL account page
- 04Main limitation
- Not a fit if you need the strongest possible client-protection profile
Key facts about Fxcc
The legal entity, local rules and available account terms may change with the client's country.
- ✓FXCC shows an ECN XL account with MT4/MT5 support, no minimum deposit, floating spreads from 0.0 pips, and $0.0 commission on its public account page.
- ✓FXCC’s public materials reference FX Central Clearing Ltd and CySEC licence number 121/10.
- ✓FXCC’s funding page lists method-specific limits and processing times for deposits and withdrawals.
Who this broker suits
- Traders who want MT4/MT5 access
- Users comparing ECN-style account marketing and public fee disclosures
- Readers who value a CySEC-regulated Cyprus entity over opaque offshore-only branding
- You need the strongest possible client-protection profile
- You are uncomfortable with high leverage marketing
- You prefer brokers with very broad, clearly documented country availability and simpler funding terms
Key facts table
| Topic | Publicly shown detail | What it means |
|---|---|---|
| Minimum deposit | No minimum deposit shown on the ECN XL page | This is an account-page claim, not a guarantee that every funding method has no practical minimum. |
| Trading platforms | MT4 and MT5 | Confirmed on FXCC account pages. |
| Spreads | Floating from 0.0 pips | Headline pricing only; live costs may differ. |
| Commission | $0.0 shown on the ECN XL page | Confirm the account terms shown to you at sign-up. |
| EA/scalping | Allowed on public account pages | Useful for automated traders, but still subject to broker rules. |
| Islamic account | Shown as available on public account pages | Eligibility and terms may vary by entity/region. |
Public page claims should be checked against the exact account application path and regional terms.
FXCC’s ECN XL terms and method-specific funding limits
FXCC describes a relatively simple arrangement: one principal ECN-style account, support for MT4 and MT5, and funding terms that depend on the payment method. While the ECN XL account page says there is no minimum deposit, the funding information sets practical limits for methods including cards and bank transfers. The advertised minimum deposit may therefore differ from the amount needed to transfer funds without difficulty. FXCC also refers to CySEC supervision of FX Central Clearing Ltd, which should be checked against the Cyprus regulator before funds are committed.
Public information available from FXCC
Compared with offshore brokers that publish limited information, FXCC appears somewhat more transparent: it provides account, platform and funding details and refers to a CySEC licence. That does not remove the need to identify the legal entity that will hold the account or to determine whether payment terms work in the trader’s country. The relevant checks are whether the planned deposit method fits the account terms and whether the stated regulator applies in the relevant jurisdiction.
Entity and regulation table
| Entity / brand | Regulatory status | Regulator / register | Details |
|---|---|---|---|
| FX Central Clearing Ltd | Authorised investment firm | CySEC public register | Licence 121/10; licence date 03/09/2010; company reg. 258741; approved domain www.fxcc.eu. |
| Central Clearing Ltd | Authorised offshore entity | FXCC legal pages | Official site says www.fxcc.com is operated by Central Clearing Ltd; MISA licence BFX2024085; HA00424753. |
| FXCC brand website | Broker website / support centre | Official website | fxcc.com and fxcc.eu publish legal/regulatory pages; site states FXCC is not intended for U.S. residents. |
Verify the contracting entity in the account flow; FXCC operates multiple legal entities across regions.
Where the FXCC offering has limitations
Published advantages include MT4 and MT5 availability, no listed minimum deposit for the ECN XL account, accessible funding information and a regulation page mentioning CySEC. Yet the material is spread across language and country-specific pages, payment-method fees can vary, and public information cannot replace checks on the legal entity, payment conditions and local eligibility before funding.
FX Central Clearing Ltd under CySEC licence 121/10
FXCC’s regulation page states that FX Central Clearing Ltd is authorised and regulated, while public materials cite CySEC licence number 121/10. This is a positive indicator, but a licence reference alone is insufficient. Traders should establish the precise entity name, licence status and whether their account is placed with the Cyprus-regulated entity. Broker statements should be compared with the regulator’s official register.
FXCC Review of the ECN XL account, MT4 and MT5
The ECN XL account shown on FXCC’s site includes MT4 and MT5, floating spreads from 0.0 pips and no visible commission. The same material says the account has no minimum deposit. Spreads, commissions and promotions may still differ by region or legal entity, so these terms should not be assumed to apply universally. FXCC also refers to EA use, hedging and an Islamic account option; each should be confirmed during the specific account application.
Payment routes and withdrawal conditions at FXCC
FXCC’s funding page describes payment-method rules, including card and bank-transfer limits, processing times and withdrawal conditions that often require the original deposit method to be used. FXCC may waive deposit fees for certain methods, while bank or payment-processor charges may still arise. Before transferring money, traders should establish whether the deposit method can also be used for withdrawals, the applicable minimums and expected transfer times. The live regional funding page should be checked first.
Entity and country determine FXCC availability
FXCC does not state a single universal position on global availability. Access depends on the legal entity, country of residence and selected payment method. Traders in a restricted or high-risk jurisdiction should review the broker’s terms, consult the regulator’s register and check local warnings before proceeding.
Comparing FXCC on more than advertised spreads
FXCC may not suit traders with different priorities. A like-for-like comparison should include brokers with comparable MT4 and MT5 workflows, brokers regulated by top-tier authorities in the trader’s region, and brokers with more straightforward funding rules for the preferred payment method. The legal entity, regulator, account types, deposit and withdrawal conditions and total trading costs matter alongside advertised spreads.
Alternatives to FXCC
| Broker | Comparison score | Regulator signals | Platforms | Why compare | Review |
|---|---|---|---|---|---|
| 75.5 | FCA, CySEC, KNF | xStation, xStation mobile app | Readers who want a broker with publicly disclosed multi-jurisdiction regulation, Users who value transparent fee pages and entity-level lega | XTB review | |
| 73.5 | CySEC, Securities Commission of The Bahamas | Proprietary web platform, Mobile app, TradingView | Readers who want a broker with clear public legal-entity and regulator disclosures, Users looking for a proprietary web/mobile platform plus | Capital.com review | |
| 70 | Cyprus Securities and Exchange Commission (CySEC), Financial Sector Conduct Authority (South Africa) | Colmex Pro 2.0, MT4, Web Trader | Readers who want a CySEC-listed broker with publicly verifiable entity details, Traders comparing U.S. equities-focused platforms and MT4 av | Colmex Pro review | |
| 69.5 | FCA | Next Generation, MT4, MT5 | Traders who want a well-documented broker with clear public legal disclosures, Users who value proprietary platform depth alongside MT4/MT5 | CMC Markets review | |
| 68 | SEC, FINRA | IBKR Desktop, IBKR Mobile, Trader Workstation (TWS) | Experienced traders who want a broad platform lineup, Users who value detailed public disclosures, Clients who want multiple funding and acc | Interactive Brokers review |
Alternatives are sorted by the TopOnlineForexBrokers comparison score as of July 2, 2026. The score is not a safety guarantee.
Common questions
Is FXCC safe?
FXCC references CySEC regulation for FX Central Clearing Ltd, which is better than no regulatory oversight. Still, safety depends on the exact entity, jurisdiction, and account terms offered. Always verify details directly with the regulator’s register.
What is FXCC’s minimum deposit?
The ECN XL account page shows no minimum deposit, but traders should check the live funding page since payment methods may impose their own limits and processing times.
Does FXCC offer MT4 and MT5?
Yes, FXCC’s public account pages confirm support for both MT4 and MT5 platforms.
What fees does FXCC charge?
FXCC lists zero commission for the ECN XL account with floating spreads starting at 0.0 pips. However, actual costs can include spread fluctuations, payment processor fees, or bank charges.
How do deposits and withdrawals work at FXCC?
FXCC provides a funding page outlining deposit and withdrawal rules by payment method. Limits and processing times vary, so check the live terms before transferring funds.
Does FXCC allow EA trading or scalping?
FXCC’s account pages indicate that EA use and scalping are permitted. Confirm these conditions for your specific account type, as terms may differ by entity or promotion.
Sources for this broker review
Use these records to recheck the legal entity, account terms and current product details before opening an account.