Broker Review · last checked July 2, 2026
FXCC Review
FXCC promotes itself as an STP/ECN broker with an ECN XL account offering MT4/MT5 access and no stated minimum deposit. Official documents link FX Central Clearing Ltd to CySEC regulation under licence 121/10. Funding pages reveal payment method limits and processing times that traders should examine closely before funding.
- Reviewed against official FXCC pages and regulator-facing references
- Focused on public evidence for regulation, accounts, platforms, and funding
- Includes a cautious due-diligence view rather than marketing claims
FXCC at a glance
Listing status: Eligible With Caution · regulated, cysec, mt4, mt5
Our verdict
Compared to many offshore brokers with sparse information, FXCC is somewhat more transparent, openly sharing account, platform, and funding details and pointing to a CySEC licence. Still, confirm which legal entity will hold your account and check if the payment terms suit your country. The key practical questions are whether your deposit method aligns with the account terms and if the broker’s regulator covers your jurisdiction.
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
Entity and regulation table
| Entity / brand | Regulatory status | Regulator / register | Evidence notes |
|---|---|---|---|
| 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. |
Key facts table
| Topic | Publicly shown detail | Editorial note |
|---|---|---|
| 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.
Alternatives to FXCC
| Broker | Comparison score | Regulator signals | Platforms | Why compare | Review |
|---|---|---|---|---|---|
 XTB | 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 | Read review |
 Capital.com | 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 | Read review |
 Colmex Pro | 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 | Read review |
 CMC Markets | 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 | Read review |
 Interactive Brokers | 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 | Read review |
Alternatives are sorted by the TopOnlineForexBrokers comparison score as of July 2, 2026. The score is not a safety guarantee.
External rating snapshot
| Source | Original score | Normalized /10 | Notes |
|---|---|---|---|
| Trustpilot | 4.5/5 | 9.0 | Public review profile for fxcc.com; review scores are user sentiment, not regulation evidence. |
| WikiFX | 4.60/10 | 4.6 | Third-party broker profile; treat as an external sentiment snapshot, not proof of safety. |
External ratings can help with sentiment context, but they do not confirm licence status or client protection.
Overview
FXCC offers a straightforward setup: one main ECN-style account, support for MT4 and MT5, and funding conditions that differ by payment method. While the ECN XL account page claims no minimum deposit, the broker’s funding details highlight practical limits depending on how you pay, such as thresholds for cards or bank transfers. So, the advertised minimum deposit doesn’t always reflect the real amount you might need to move funds smoothly. Regarding regulation, FXCC cites CySEC oversight for FX Central Clearing Ltd, but you should verify this directly with the Cyprus regulator before committing.
Pros and cons
Pros include MT4 and MT5 support, no listed minimum deposit on the ECN XL account, accessible funding information, and a regulation page mentioning CySEC. On the downside, information is scattered across different language and country pages, fees vary depending on payment method, and the available data doesn’t replace verifying the legal entity, payment terms, and your local eligibility before funding.
Safety and regulation
FXCC’s regulation page states that FX Central Clearing Ltd is authorised and regulated, with a CySEC licence number 121/10 cited in public materials. That’s a positive indicator, but licence references alone are insufficient. Traders should confirm the exact entity name, licence status, and whether their account falls under the Cyprus-regulated entity. When comparing brokers, always rely on the regulator’s official register rather than broker claims.
Fees, account types, and platforms
The ECN XL account shown on FXCC’s site offers MT4 and MT5, floating spreads starting at 0.0 pips, and no visible commission. The same sources indicate no minimum deposit for this account. However, spreads, commissions, and promotions can vary by region or legal entity, so don’t assume these terms apply everywhere. The broker also mentions EA use, hedging, and an Islamic account option, but you should confirm these features on your specific account application.
Deposits and withdrawals
FXCC’s funding page details payment method-specific rules, including limits for cards and bank transfers, processing times, and withdrawal conditions that often require using the same method as the deposit. While FXCC may waive deposit fees on certain methods, bank or processor charges might still apply. The main concern is whether your deposit method is accepted for withdrawals, what minimums exist, and how long transfers take. Always check the live funding page for your region before sending money.
Country availability caveat
FXCC does not provide a simple, universal statement about global availability. Access depends on the legal entity, your country of residence, and your chosen payment method. If you are in a restricted or high-risk jurisdiction, verify the broker’s terms, consult the regulator’s register, and check local warnings before proceeding.
Alternatives
When comparing FXCC with other brokers, consider three main factors: brokers offering similar MT4/MT5 workflows, brokers regulated by top-tier authorities in your region, and brokers with simpler funding rules for your preferred payment method. A thorough comparison looks beyond advertised spreads to include legal entity, regulator, account types, deposit and withdrawal conditions, and overall trading costs.
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.
Should I rely on third-party review scores?
Use third-party scores only as a general sentiment guide. They can highlight recurring issues but don’t replace verifying regulation, legal entity, and funding terms yourself.
Check the details yourself
These are the pages we relied on. Read them before you open an account or send money anywhere.