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About company
FXCL Markets was registered with the Financial Services Authority under number 1637 CTD 2018 in Saint Vincent and the Grenadines in 2006. The same regulatory body supervises the broker.
The main advantages of the company, described on the site: the absence of long and complicated registration processes, bureaucracy and hidden conditions and commissions, providing an experience that competes with the interbank market, the constant expansion of the product range, a single account accessible from any device from anywhere in the world, providing everything you need to trade in global markets, no slippage, focus on bringing the world of trading to a new generation, simple and transparent trading, customer focus in disputable situations, instant, transparent and easy access to financial markets, professional technical support, appearance a large number of ways to trade, transparent trading conditions that are suitable for every trader.
Trading conditions
The broker gives its clients access to several types of trading accounts: Standard account or Cent account with a fixed spread or Start account, Interbank Cent account, Interbank Standard account, ECN Pro account with a floating spread. It is also necessary to pay attention to the asset classes that the company provides for online trading: Indices, Forex, metals, commodities. To start online trading, you need to register a trading account and fund it with a minimum deposit of $100. The use of a free demo account is not provided. The broker holds a lot of deposit bonuses and promotions for its clients. Also, the broker posted on its website a large database of useful tools for the trader: Forex glossary, theoretical analysis, trading calculator, economic calendar, blog, affiliate program Introducing Broker.
Trading platforms
As a partner of MetaQuotes, the broker provides traders with access to the popular MetaTrader 4 trading platform and the MT4 mobile application.
Technical support
Technical support is available 24/5 and processes all requests at support@fxclearing.com or through the feedback form on the website.
Deposit/Withdrawal
You can deposit or withdraw funds in the following ways: bank cards, bank transfer, BitCoin, Perfect Money, FasaPay, DragonPay.
Trader reviews
We found quite a few reviews about this broker. The main claims are registration in an offshore zone, difficulties with withdrawing funds, incompetent technical support, no contact phone number.
Broker Advantages
- A large number of trading accounts
- Lots of free stuff
- affiliate program
- Welcome Bonuses
Broker Disadvantages
- Offshore registration area
- offshore regulator
- Few reviews
Conclusion
Since the choice of a broker for cooperation may turn out to be perhaps the most important in a trader's career, all factors should be carefully checked: the reputation of the broker, the history of the company, the presence of a reliable regulator, real trading conditions, the behavior of company representatives in social networks. This review is not a recommendation or a call to action.
