Regulated by CySEC, FXCC provides clients with access to a liquid Forex model (ECN). All of its clients receive the same access, and all trades are executed immediately, with no delays or re-quotes. The broker doesn’t take the other side of trades, which differentiates it from Dealing Desk brokers. Client orders, stops, limits, and trades are executed with counter-parties, meaning FXCC is firmly on the client’s side.
This broker has a lot to offer its traders, including optimal conditions, educational tools, and the use of the MetaTrader 4 platform. FXCC provides competitive forex spreads and transparent pricing, and this No Dealing Desk broker also allows any type of trade strategy (a feature that is discussed a few sections below).
FXCC most popular trading account “ECN XL Account” offers variable spreads from 0.0 pips, with maximum leverage 1:500 depending on regulation. Islamic traders will like this broker, as there is a swap-free account. Overall, FXCC is an excellent broker. Though every broker has its pros and cons, the pros are weighted heavily in this trading hub’s favor.