Company profile
FXCE Review SummaryFounded2020Registered Country/RegionSaint Vincent and the GrenadinesRegulationLFSA (Exceeded)Market InstrumentsForex, Indices, Shares, CFDs, Precious Metals, Commodities, CryptocurrenciesDemo Account✅LeverageUp to 1:1000SpreadFrom 0.0 pips (ECN account)Trading PlatformMetaTrader 4/5Min Deposit$10Customer SupportPhone: +6087 586870Email: support@fxceltd.comAddress: Lot A020, Level 1, Podium Level, Financial Park, Jalan Merdeka, 87000 Labuan F.T., MalaysiaFXCE Information With access to around 300+ assets including forex, indices, and cryptocurrencies, FXCE presents attractive trading conditions. Through its four account forms and high leverage options, it appeals to a broad spectrum of traders.Pros and ConsPros Cons Wide range of financial instrumentsLimited regulatory oversightHigh leverage up to 1:1000Offshore registration poses risksNo deposit/withdrawal feesCommon Business Registration not suitable for forexAdvanced trading platforms (MT4/MT5)Is FXCE Legit? FXCE Limited is not entirely legitimate for trading forex. Although registered under license number LL18960 with the Labuan Financial Services Authority (LFSA) in Malaysia, the license type is Common Business Registration, which does not authorise forex or financial services activity.What Can I Trade on FXCE? With more than 300 products for trading, FXCE gives access to a varied spectrum of financial instruments. These fit traders looking for worldwide financial market exposure since they feature 60+ currencies pairings, commodities, indices, share CFDs, precious metals, and cryptocurrencies.Tradable Instruments Supported Forex✔Indices✔Shares✔CFDs✔Precious Metals✔Commodities✔Cryptocurrencies✔Account Types Four primary types of accounts provided by FXCE satisfy various trading requirements and degree of experience. Though no particular reference of an Islamic account is made, a practicing demo account is provided.DetailsDemoCentStandardECNSpread0.01From 1.0 pipFrom 1.0 pipFrom 0.0 pipMaximum Leverage1:10001:10001:5001:500Minimum Deposit$0$10$50$50Maximum DepositUnlimited$5,000UnlimitedUnlimitedMargin Call50%50%50%50%Stop Out30%30%30%30%Commission$0$0$0$7Suitable ForBeginners practicing tradingNew traders with small investmentsIntermediate tradersExperienced traders needing tighter spreads and lower latencyLeverage Depending on the kind of account, FXCE offers up to 1:1000 maximum leverage.FXCE Fees Particularly with its ECN account offering spreads from 0.0 pips and minimal commission rates, FXCE's fees are inexpensive relative to industry norms. For traders, meanwhile, the lack of inactivity fees and low deposit/withdrawal expenses adds to its appeal.Account TypeSpreadCommissionDemo0.01$0CentFrom 1.0 pip$0StandardFrom 1.0 pip$0ECNFrom 0.0 pip$7 per lotNon-Trading FeesNon-trading Fees Deposit FeeFreeWithdrawal FeeFree (intermediary fees may apply)Inactivity FeeNoneTrading PlatformTrading PlatformSupported Available Devices Suitable for what kind of tradersMetaTrader 4/5✔iOS, Android, Windows, MacAdvanced technical traders, automated tradingDeposit and Withdrawal FXCE does not charge any deposit or withdrawal fees, making transactions cost-effective for its users. The minimum deposit is $10, and withdrawals are processed securely via the 9 Pay payment gateway or traditional banking methods.MethodTransaction TypeCurrencyMin. Deposit/WithdrawalFeesProcessing Time9Pay Payment GatewayDeposit & WithdrawalUSD/VND$10FreeInstant (Deposit) / Upon Approval (Withdrawal)Bank TransferDeposit & WithdrawalUSD$10Free (intermediary fees may apply)1-3 Business DaysCredit/Debit CardDepositUSD$10FreeInstant
Bodder
Belarus
FXCE really impressed me with their demo account and deposit/withdrawal process. The demo account is easy to use and helps traders get a feel for the platform, and the deposit and withdrawal process is quick and efficient.
Positive
2024-07-23