FCCL Forex Broker

FCCLReview SummaryFounded/Registered Country/RegionAustraliaRegulationASIC (Revoked)ServicesPersonal loans, home loans, insurance, travel servicesTrading PlatformNew Payments PlatformCustomer SupportWeb chat, 24/7 supportPhone: +61 2 9735 9225Mail: PO Box 7501, Silverwater NSW 2128, AustraliaAddress: 28-38 Powell Street, Homebush NSW 2140Social Media: Facebook, Twitter, YouTube, LinkedIn, InstagramFCCL Information FCCL is an Australian-based financial services company that offers services in personal loans, home loans, insurance, and travel services. Although the company used to have an investment advisory license issued by the Australian Securities and Investments Commission (ASIC), its regulatory status has been revoked.Pros and ConsProsConsSpecialized banking servicesRevoked licenseLive chat supportService fees chargedSix account typesIs FCCL Legit? FCCL used to hold an investment advisory licence from the Australian Securities and Investments Commission (ASIC), but the company's regulatory status has been revoked. This means that its license to operate as an investment advisory firm in Australia has been terminated.Regulated CountryRegulated AuthorityRegulatory Status Regulated EntityLicense TypeLicense NumberAustralia Securities & Investment CommissionRevokedFIREFIGHTERS & AFFILIATES CREDIT CO-OPERATIVE LIMITEDInvestment Advisory License000240898Services FCCL offers a range of financial services, including accounts, credit cards, personal loans, home loans, insurance, travel services, and a mobile wallet.ServicesSupported Accounts✔Credit Card✔Personal Loans✔Home Loans✔Insurance✔Travel✔Mobile Wallet✔Account Types FCCL offers six distinct account types: Everyday Direct Account, Term Deposit Account, Essential Saver Account, Mighty Saver Account, Pension Advantage Account, and Edvest Cash Management Account, each designed to cater to specific customer needs, such as fee-free transactions, guaranteed returns, youth savings, pensioner benefits, and flexible access to funds.Account TypeDescriptionKey FeaturesEveryday Direct AccountAn all-in-one bank account that provides flexibility, security, and hassle-free online transactions.$0 Monthly account fees$0 Electronic transactions$0 Bank@Post transactions$0 Dishonours$0 Pay AnyoneTerm Deposit AccountTake advantage of a guaranteed return on investment with our 3-36 months Term Deposits.¹Terms from 3 to 36 monthsA guaranteed rateNo account-keeping feeReceive a written notice before your deposit maturesEssential Saver AccountA straightforward way to earn a great variable savings rate every day with no tricky deposit or withdrawal conditions.¹ No hassle.$0 monthly account feeNo minimum balance requirementsOpen up to 9 accountsEasy access through internet banking and mobile appMighty Saver AccountSavings made simple for savers under 18 years of age at the time of account opening.$0 access feeNo minimum balanceCertified responsible investment deposit productPension Advantage AccountSensible savings for Australians receiving income from a government pension.$0 access feeNo minimum balanceAvoid and minimize your feesEdvest Cash Management AccountA classic savings account for those who want early access to their money.No minimum balanceAdded benefits for Edvest members$30 p.a. Edvest Membership chargeFees FCCL does not charge everyday banking fee but charges other service fees.TypeFeesCash Advances$4.50Telegraphic Transfer$30ATM Withdrawals Overseas$4.50Personal Loan Application Fee$150Trading Platform FCCL supports transactions through the New Payments Platform.Trading PlatformSupported Available Devices Suitable for New Payments Platform✔Desktop, Mobile, Web/Deposit and Withdrawal Firefighters Mutual Bank is launching PayTo, a new digital payments service that allows users to pre-authorize one-off or recurring near real-time payments from an eligible bank account to merchants, businesses, or institutions. Additionally, the bank offers access to other payment platforms such as Osko by BPAY and PayID, providing members with multiple options for convenient and efficient deposit and withdrawal services.