FXCL Review

Author By Jeffrey Cammack
Updated: September 10, 2021
Overall Rating
2.59 2.59 / 5
Min. Deposit
USD 100
Regulators
Trading Desk
Trading Cost 
USD 10
Website Language
English
Support Language
English
Alert0 of retail investor accounts lose money when trading CFDs with this provider

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Summary

Reviews

Regulation
100001/ 5
Trading Conditions
111104/ 5
Trading Platforms
110002/ 5
Deposit & Withdrawal
110002/ 5
Education & Research
110002/ 5
Assets Available
111104/ 5
Customer Service
1110.503.5/ 5
Beginner Friendly
Standard
Bonuses
50% Welcome Bonus

Account Information

Base Currencies
USD, EUR, THB, MYR
Number of FX Pairs
34
Copy Trading
Hedging Allowed
Scalping Allowed
Islamic Acct

Trading Conditions

Min. Spread
1 pips
Commission
Fees Included in Spread
EUR/USD
1.00 pips
GBP/USD
2.00 pips
USD/JPY
2.00 pips
Max. Leverage
1000:1

Company Details

Company Name
FXCL Markets Ltd
Founded
2006
Office Locations
Saint Vincent

Pros

  • Good range of accounts

Cons

  • No swap-free account option
  • Extreme leverage
Alert0 of retail investor accounts lose money when trading CFDs with this provider
Scroll for more detailsPreviousNext
Overall Rating
Min. Deposit
Regulation
Trading Desk Type
Trading Instruments
Forex Pairs
Crypto Pairs
Pros
Cons
Regulation
Trading Conditions
Trading Platforms
Deposit & Withdrawal
Education & Research
Assets Available
Customer Service
% Lose with this broker
Leverage
Spread
Hedging
Scalping
Account Types
Islamic Acct
Trading Platforms
Funding Methods
Trading Commission
110.5002.59/ 5
USD 100
Financial Services Authority – St. Vincent & the Grenadines
Market Maker
Forex
Cryptocurrencies
Metals
34
4
  • Good range of accounts
  • No swap-free account option
  • Extreme leverage
100001/ 5
111104/ 5
110002/ 5
110002/ 5
110002/ 5
111104/ 5
1110.503.5/ 5
0 of retail investor accounts lose money when trading CFDs with this provider
1000:1
1 pips
Cent
ECN plus
Interbank Cent
Interbank Standard
Standard
Bank Transfer
PerfectMoney
Fasapay
Bitcoin
Fees Included in Spread
11110.54.23/ 5
EUR 100
CySEC Regulated Brokers
Finansinspektionen
Bundesanstalt für Finanzdienstleistungsaufsicht
The Seychelles Financial Services Authority
Market Maker
Forex
Indices
Commodities
Stock CFDs
Cryptocurrencies
73
5
  • Copy trading accounts
  • Tight spreads
  • Great platform choice
  • No swap-free account option
  • Limited education
111104/ 5
111115/ 5
11110.54.5/ 5
11110.54.5/ 5
110.5002.5/ 5
11110.54.5/ 5
111104/ 5
69% of retail investor accounts lose money when trading CFDs with this provider
30:1
0 pips
MT4
MT4 Premium
Premium
Standard
Skilling Trader
Visa
Mastercard
Skrill
Neteller
Trustly
Bank Transfer
Fasapay
WebMoney
NganLuong
Unionpay
6 USD round turn commission
11110.54.05/ 5
GBP 5
FCA Regulated Forex Brokers
ASIC Regulated Brokers
Financial Services Conduct Authority
Securities Commission of the Bahamas
Market Maker
Forex
Commodities
Energies
Bonds
Metals
Stock CFDs
Futures
33
0
  • Tight spreads
  • Limited account options
  • Limited demo account
  • No swap-free account option
11110.54.5/ 5
11110.54.5/ 5
11110.54.5/ 5
11110.54.5/ 5
110.5002.5/ 5
1110.503.5/ 5
1110.503.5/ 5
57.1% of retail investor accounts lose money when trading CFDs with this provider
30:1
0.60 pips
Standard
Cloud Trade
Bank Transfer
Visa
Mastercard
Skrill
Fees Included in Spread
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