FXCC Review
FXCC runs a single zero-commission ECN XL account with leverage up to 1:1000 under its Nevis entity, or a CySEC-regulated Cyprus entity for EEA clients, but real withdrawal fees apply on every payout method.
FXCC runs a single zero-commission ECN XL account with leverage up to 1:1000 under its Nevis entity, or a CySEC-regulated Cyprus entity for EEA clients, but real withdrawal fees apply on every payout method.
- •Regulated by CySEC, MISA
- •Minimum deposit of $0
- •Typical EUR/USD spread of 0.3 pips
- •ECN execution
- •Facts last checked on Aug 20, 2026
| Regulation | CySEC, MISA |
| Founded | 2010 (16 years in business) |
| Headquarters | Charlestown, Saint Kitts and Nevis |
| Ownership | Part of Central Clearing Ltd |
| Execution type | ECN |
| Min deposit | $0 |
| Leverage | Up to 1:1000 |
| Platforms | MT4, MT5 |
| Spread type | Variable |
| Live spread feed | Not live: typical EUR/USD spread is 0.3 pips, verified Aug 20, 2026 |
| Negative balance protection | Yes |
| Deposit methods | Credit/Debit Card, Bank Transfer, Skrill, Neteller, EeziePay, AWEpay, Cryptocurrency |
| Fees | Unlike most brokers on this site, FXCC's own published fee schedule charges a real withdrawal fee that varies sharply by method: around $45 flat on bank wires, roughly 2% on Neteller and cryptocurrency, 2.7% on Skrill, and 3.4% on EeziePay and AWEpay. There's no way to withdraw for free regardless of method chosen. |
| Inactivity fee | Yes |
| Copy trading | Yes |
| Islamic account | Yes, swap-free available |
| Restricted countries | 4 countries excluded, including United States, European Economic Area, Japan |
- +Single ECN XL account with zero minimum deposit and no commission layer
- +Leverage up to 1:1000 for clients under the Nevis entity
- +Free VPS available for qualifying trade volume
- +CySEC-regulated Cyprus entity gives EEA clients a genuinely regulated option under the same brand
- -Withdrawal fees are real and method-dependent, unlike brokers that absorb them
- -MISA (Comoros) is not a tier-1 regulator and isn't recognized by major regulatory bodies
- -Only MT4 and MT5 supported, no cTrader or proprietary platform
- -Monthly inactivity fee applies after just three months without trading
- ✓Zero minimum deposit, zero commission ECN XL account
- ✓Leverage up to 1:1000 under the Nevis entity
- ✓Free VPS for qualifying trade volume
- ✓CySEC-regulated Cyprus entity available for EEA clients
One account, not a maze of tiers
FXCC keeps things simple by offering exactly one live account type, ECN XL: zero minimum deposit, no separate commission, and the entire cost built into a variable raw spread. That's a genuine simplification compared to brokers running three or four tiers with different commission structures, though it also means there's no cheaper high-volume tier to graduate into the way Pro or VIP tiers work elsewhere; the pricing you get on day one is the pricing you keep regardless of trade volume.
What withdrawing your money actually costs
This is the one place FXCC differs sharply from most brokers reviewed on this site, which typically absorb payment-provider fees or charge nothing at all:
| Method | Withdrawal fee |
|---|---|
| Bank wire | Approximately $45 flat |
| Neteller | Approximately 2% |
| Skrill | Approximately 2.7% |
| Cryptocurrency | Approximately 2% |
| EeziePay / AWEpay | Approximately 3.4% |
There's no fee-free withdrawal path here the way there is at brokers that build payment costs into the spread instead. On a $1,000 withdrawal via Skrill, that's roughly $27 gone before the funds even land, worth factoring into which payment method you choose at signup rather than after the first payout request.
Two brands, two different regulatory realities
FXCC operates under two separate legal entities sharing the same brand: FX Central Clearing Ltd, a CySEC-regulated Cyprus Investment Firm (license 121/10), and Central Clearing Ltd, registered in Nevis and licensed by the Comoros-based Mwali International Services Authority (MISA). EEA clients are placed under the CySEC entity, giving them the Investor Compensation Fund and standard EU leverage caps. Everyone else outside the US, EEA, Japan, and Canada is placed under the Nevis/MISA entity instead, trading up to 1:1000 leverage without that compensation-fund backing. MISA itself is a real, checkable license, but it isn't recognized by major regulatory bodies the way FCA or ASIC are, worth knowing before treating "regulated" as a single uniform claim.
The VPS is free, but only past a volume threshold
FXCC offers a free VPS for algo and EA traders who clear a minimum monthly trade volume, similar to the model most ECN brokers use to keep server costs proportional to the trading activity actually running through them. Below that threshold, VPS access isn't included, so a low-volume EA trader would need to weigh a paid third-party VPS against FXCC's own terms before assuming the hosting is free by default.
Who should look elsewhere
Traders who specifically want tier-1 regulation with a compensation fund and aren't EEA residents should treat the Nevis/MISA entity's lack of major-regulator backing as a hard limitation, not a technicality, the same caution that applies to any offshore-licensed broker on this site. Anyone who withdraws frequently in smaller amounts should also run the numbers against a broker with zero or flat-fee withdrawals first, since FXCC's percentage-based fees compound faster on regular small payouts than on one large withdrawal.
FXCC's real appeal is simplicity and leverage headroom: one account type with no commission layer, up to 1:1000 leverage for non-EEA clients, and a genuinely CySEC-regulated option for EEA residents under the same brand. The trade-off is real, method-dependent withdrawal fees that most brokers this site reviews don't charge, and a Nevis/MISA entity that most non-EEA signups land under without the compensation-fund protection a tier-1 regulator provides. Traders comfortable with that offshore trade-off, and who plan withdrawals around the fee schedule, get workable pricing and high leverage in return.
EEA residents are placed under the CySEC-regulated Cyprus entity (FX Central Clearing Ltd). Clients outside the US, EEA, Japan, and Canada are placed under the Nevis-registered, MISA-licensed entity (Central Clearing Ltd) instead, which carries higher leverage but no compensation-fund backing.
Bank wire's flat roughly $45 fee works out cheaper than the percentage-based e-wallet fees once a withdrawal is large enough; for smaller, frequent withdrawals, the percentage methods can end up costing less in absolute terms. There's no fee-free method regardless of size.
No, ECN XL supports scalping, hedging, and EA/algorithmic trading without restriction. The single-tier structure limits pricing flexibility at high volume, not strategy type.
FXCC ties free VPS access to a minimum monthly trade volume rather than account balance. Traders below that volume threshold can still request VPS access but should expect a charge until volume qualifies.
No, the swap-free Islamic version of the ECN XL account keeps the same spreads, leverage, and execution as the standard account, removing only the overnight swap charge.
