FXC

FXC Review: Is FXC a Good Broker?

If you are an investor who is interested in the Forex market, this article is a must-read. This article will help you choose the right Forex broker that is reliable and trustworthy, making your trading more efficient.

Broker overview and general information

broker FXCor FXCentrumIt is a global forex broker founded in 2019 and is licensed and regulated by the Financial Services Authority (FSA), an independent organization responsible for licensing and regulating businesses in the non-banking financial sector.

The broker stands out with its user-friendly trading platform with a wide range of trading tools and options, catering to traders from beginners to professionals, as well as low fees and no commissions on most assets.

Broker Licensing and Regulation

If you ask whether FXC is good or not, you should start by considering the license and registration factors first, which are detailed as follows:

• Financial Services Authority (FSA Seychelles) License No. SD055 under WTG Ltd.

⚠️Warning:Although the broker is regulated, many users are concerned about the FSA Seychelles license because it is a Tier D license, which has less strict supervision. This makes users feel uncertain about the supervision under this agency. Therefore, it is necessary to reconsider this factor before investing.

Broker Products and Services

Trading products

Brokers offer a wide range of investment products to suit all needs, covering Forex, stocks, indices, and commodities.

• Trade Forex: Trade Forex on a variety of popular currency pairs around the world.

• Stocks: Trade and make profit from the rise and fall of stock prices in all types of businesses.

• Indices: Trade popular indices across markets around the world.

• Commodities: Access to trade in key global energy markets, such as crude oil or natural gas.
  

Trading Platform

You can invest through the main platform, FXC Trader.

1. FXC TraderA user-friendly trading platform designed for both novice and professional traders. Its main advantages include stability and speed of order execution, a wide range of technical analysis tools, and support for a variety of asset classes, including Forex, stocks, indices, and commodities. There are also no commissions on most assets and low spreads, reducing trading costs. It is available on a variety of devices, both desktop and mobile.
   
   
   

FXC Review: Account Types 

Brokers divide the types of investor accounts into 3 types: Floating Bonus Work, Margin Bonus Work and Scalping Margin Bonus Work accounts.

Floating Bonus Work Account

• Minimum deposit 10 USD

• Minimum trade size 0.25

• Maximum leverage 1:500

Margin Bonus Work Account

• Minimum deposit 10 USD

• Minimum trade size 0.01

• Maximum leverage 1:1000

Scalping Margin Bonus Account Work

• Minimum deposit 1000 USD (If you deposit less than this, you will not get the bonus)

• Minimum trade size 0.5 (5 if trading indices)

• Maximum leverage 1:200

FXC Bonuses and Promotions

The broker has a promotion to attract investors with 100% Deposit Bonus, which helps increase the capital bonus for investors who deposit money to further trade. There will be other additional promotions that vary from time to time.

Customer Service

For foreign investors or Thai investors who want to invest, you can contact customer service 24 hours a day through this channel.

• E-mail:[email protected] 

• Supported languages on the website:19 languages

• Customer support languages:  50 languages

Broker Review Overview Summary

FXC or FXCentrum is a broker that offers trading in a variety of assets with high leverage and its own platform, FXC Trader. However, the regulation by the Seychelles FSA may not be enough for investors who want maximum confidence. In addition, the details of fees and trading conditions are quite limited, and customer support may be limited. Investors should study more information and consider the risks before deciding to use the service.

Frequently Asked Questions about FXC

1. What platforms can I use to trade Forex?

A: You can trade via FXC Trader.

2. How many types of accounts are there to choose from?

A: The broker offers three types of accounts to choose from: Floating Bonus Work, Margin Bonus Work and Scalping Margin Bonus Work.

3. What types of assets can be traded?

A: You can trade on all assets in Forex, Stocks, Indices and Commodities markets.

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FXC Review Compare spreads, fees, trading platforms, deposit and withdrawal conditions and more with real user reviews to help you decide which broker suits your needs.