FXCC Markets Ltd offers a variety of trading accounts to cater to different trader needs, primarily focusing on the ECN (Electronic Communication Network) model. The main account type available is the ECN XL Account, which includes the following features:
- Minimum Deposit: $0 (recommended amount is $500).
- Spreads: Floating spreads starting from 0.0 pips.
- Commission: No trading commissions.
- Leverage: Up to 1:500.
- Lot Size: Minimum lot size of 0.01.
- Negative Balance Protection: Yes.
- Islamic Account: Available upon request.
- Available Markets: Forex, metals, energies, indices.
- Trading Platform: MetaTrader 4 (MT4).
- Stop Out Level: 50%.
Additionally, FXCC also provides a Demo Account for beginners to practice trading in a risk-free environment, which expires after 30 days unless extended upon request.
FXCC Markets Ltd Broker Account Opening Process
Opening an account with FXCC Markets Ltd is a straightforward process. Heres a step-by-step guide:
- Registration:
- Visit the FXCC website and click on the “Register” button.
- Fill out the online application form with the required personal information, including:
- Name
- Email
- Phone number
- Address
- Date of birth
- Country of citizenship
- Social security number or tax ID
- Employment status
- Password for your trading account.
- Account Verification:
- After registration, you will need to verify your identity by submitting documents such as a government-issued ID and proof of residence. This process typically takes 1-2 days.
- Choose Account Type:
- Log in to your personal portal on the FXCC website to select the account type (e.g., ECN XL or Demo account).
FXCC Markets Ltd accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .