FXCC Review 2024: CySEC Regulated ECN Forex Broker
(4.0/5)
CySEC Regulated
FXCC is a CySEC regulated ECN forex broker established in 2010, offering competitive spreads from 0.4 pips and a professional trading environment. Licensed by the Cyprus Securities and Exchange Commission (CySEC), FXCC provides direct market access through its ECN model, ensuring transparent pricing and fast execution. The broker supports both MT4 and MT5 platforms and offers VPS hosting for automated trading strategies.
Key Features & Trading Conditions
ECN Execution
Direct market access with no dealing desk
CySEC Regulated
Licensed by Cyprus Securities Commission
VPS Hosting
Free VPS for automated trading
Islamic Accounts
Swap-free accounts available
Pros and Cons Analysis
Advantages
- CySEC regulation provides strong investor protection
- ECN execution with direct market access
- Competitive spreads starting from 0.4 pips
- Professional MT4 and MT5 platforms
- Free VPS hosting for automated trading
- Good liquidity from multiple providers
Disadvantages
- Higher minimum deposit for ECN accounts
- Limited educational resources for beginners
- Commission charges on ECN accounts
- No copy trading features available
- Limited local support in South Africa
Account Types & Trading Conditions
Standard Account
Market maker model with fixed spreads
- • Min Deposit: R360
- • Spreads: From 1.8 pips
- • Commission: None
- • Leverage: Up to 1:500
ECN Account
Direct market access with raw spreads
- • Min Deposit: R1,800
- • Spreads: From 0.4 pips
- • Commission: $3 per lot
- • Leverage: Up to 1:500