FXCC is an ECN/STP broker that has built its identity around one simple promise: direct market-style execution with a cost structure that is easy to understand and, in many cases, very competitive for active traders. Founded in 2010, FXCC positions itself as a streamlined trading venue that avoids the complexity of multiple retail account tiers and instead focuses on a single main live offering designed for speed, automation, and high-frequency workflows.
Between 60 to 80% of retail CFD accounts lose money.
| Regulators | CySec MISA SVGFSA |
|---|---|
| Minimum Deposit | $0 |
| Leverage | Between 1:10 and 1:500 | Payment Methods | Bank Transfer Visa Mastercard Cryptocurrencies Neteller SticPay Skrill BitPay |
For Asian traders, FXCC’s proposition is immediately practical. Many traders across Asia prioritize low friction: fast onboarding, transparent costs, and an execution model that can handle scalping and algorithmic strategies without restrictions. FXCC leans into that profile by offering a $0 minimum deposit, a single ECN-style account structure, MetaTrader 4 and MetaTrader 5, and an “all-in” approach where spreads can start from 0.0 pips and commissions are not charged separately in the traditional way.
At first glance, FXCC communicates a trading-first mentality. The broker’s framing is not centered around lifestyle branding or promotions-heavy onboarding. Instead, it emphasizes execution, pricing, and the core mechanics of trading—an approach that tends to resonate with traders who already understand leverage, market volatility, and the importance of cost control in short-term strategies.
However, FXCC is also a broker where the regulatory structure matters more than usual. The presence of CySEC is a meaningful positive, but additional registrations such as MiSA (Marshall Islands) and SVGFSA (St. Vincent and the Grenadines) require careful interpretation. For Asian traders, the main question is not only “What can this broker do operationally?” but also “Under which entity would the account be held, and what protections realistically apply?”
Regulation
Regulation is one of the most important parts of FXCC’s profile because the broker combines a recognized European license with offshore registrations that provide far weaker investor safeguards. FXCC is regulated by CySEC in Cyprus, while also referencing oversight or registration through MiSA in the Marshall Islands and SVGFSA in St. Vincent and the Grenadines. These jurisdictions do not provide the same depth of investor protection, enforcement history, or compensation structures as tier-1 regulators.
- Cyprus: Regulated by the Cyprus Securities and Exchange Commission (CySEC), which represents the strongest regulatory element in FXCC’s structure and aligns the broker with European compliance expectations.
- Marshall Islands: Registered under MiSA, which is not generally considered a high-protection regulatory framework for retail investors and typically functions more as a registration environment than a strict supervisory authority.
- St. Vincent and the Grenadines: Linked to SVGFSA, a jurisdiction widely known for allowing international forex and CFD firms to register without providing robust retail investor protection or active supervision comparable to major regulators.
From a practical risk perspective, CySEC can provide meaningful baseline safeguards such as structured compliance requirements and expectations around operational transparency. However, the offshore registrations do not offer strong consumer protections and should be treated as higher-risk environments. For Asian traders, the takeaway is straightforward: if the account is opened under the CySEC-regulated entity, the legal and compliance framework is materially stronger than under offshore entities. If the account is under an offshore registration, the trader must rely more heavily on personal risk controls, cautious funding behavior, and disciplined capital management.
FXCC states that client funds are kept segregated in top-tier banks and that negative balance protection applies. These are important operational protections, but they are not substitutes for strong regulation. The safest interpretation for traders is to treat segregation and negative balance protection as helpful features, while still weighting the regulatory entity as the core determinant of trust and dispute resolution strength.
Account Opening – Our Experience
FXCC’s account opening process is designed to be lightweight and fast, consistent with its “low friction” positioning. Registration is completed online, and the broker does not require a minimum deposit to open a live account. This is a key differentiator versus many competitors that impose upfront funding thresholds or promote higher deposits as a gateway to better pricing tiers.
From an Asian trader’s perspective, a $0 minimum deposit is a double-edged feature. On the positive side, it reduces barriers to entry and allows traders to validate platform access, execution conditions, and account management before committing meaningful capital. On the negative side, it can encourage undercapitalized trading, especially when paired with leverage availability up to 1:500. Traders who open accounts with minimal funding may find themselves overexposed to volatility, margin calls, and poor risk-to-capital alignment.
Funding options include bank transfer, Visa, Mastercard, cryptocurrencies, Neteller, SticPay, Skrill, and BitPay. FXCC states there are no deposit fees, which reduces cost friction for traders who fund frequently. However, the broker may apply fees for inactivity or specific withdrawal methods. That means the cost experience may depend heavily on how the account is used: active traders who deposit and withdraw efficiently may face minimal friction, while dormant accounts or frequent small withdrawals could see additional costs.
Overall, onboarding is structured for speed and accessibility. The experience aligns with the broker’s core identity: it wants traders to get into the market quickly, run their strategies, and rely on MetaTrader infrastructure without complicated account tiering or “upgrade paths.”
Account Types
FXCC’s account lineup is intentionally simple. Rather than offering multiple live accounts with different pricing philosophies, FXCC concentrates its retail proposition into one primary live account: the ECN XL account. This design can be appealing for traders who prefer clarity and consistency, but it also limits customization for traders who want different pricing models or account features tailored to specific styles.
| Account Type | Pricing Model | Minimum Deposit | Leverage | Platforms Available | Best For |
|---|---|---|---|---|---|
| ECN XL | Spreads from 0.0 pips, no separate commission included | USD 0 | Up to 1:500 | MT4, MT5 | Cost-focused traders, scalpers, automation and high-volume styles |
The ECN XL concept is straightforward: the broker aims to keep explicit commissions out of the standard retail presentation, making the cost model feel simpler. For many traders, this is convenient—costs are easier to interpret when they are primarily reflected in the spread rather than split between spread and commission. However, traders should understand a key nuance: “no commission” does not mean “no cost.” It means the broker’s revenue is embedded in the pricing environment. The practical question becomes whether the effective all-in cost remains competitive across different market sessions and volatility conditions.
For Asian session traders, this is particularly relevant. Liquidity patterns in Asia can differ from London/New York peaks, and spreads can behave differently during thinner periods. A broker that advertises 0.0 pips under ideal conditions may still show wider effective pricing during quieter hours or on less liquid pairs. FXCC’s model can be excellent for major pairs and active sessions, but traders should evaluate real-world spreads in their specific trading window.
Platforms
FXCC’s platform offering is purpose-built for traders who want stability, compatibility, and a mature ecosystem. The broker provides MetaTrader 4 and MetaTrader 5, covering the most widely used retail trading platforms globally. For Asian traders, this is a practical advantage because MT4/MT5 are deeply integrated into the regional trading culture, with abundant indicators, EAs, and community knowledge available across markets like Singapore, Malaysia, Thailand, Vietnam, and beyond.
MetaTrader 4 remains popular for forex-focused and EA-heavy strategies due to its massive library of existing tools and its familiarity among retail algorithmic traders. MetaTrader 5 adds improved architecture, more advanced order handling, and broader structural support for multi-asset workflows. Even if FXCC offers a limited set of instruments compared to mega-brokers, MT5 can still provide improved operational functionality for traders who prefer the newer environment.
FXCC explicitly supports automated trading and high-volume execution. This is a critical point: many brokers claim to support EAs while quietly restricting scalping, implementing execution frictions, or discouraging high-frequency behavior. FXCC’s positioning suggests a more open stance toward performance-driven trading. That said, the real-world quality of execution—slippage behavior, fill consistency, and stability during volatility—is what ultimately matters for automation, and traders should validate this through controlled testing rather than assumptions.
From a workflow perspective, FXCC’s platform suite is intentionally minimal. There is no proprietary platform competing for attention, and no “feature bloat” that distracts from execution. This can be a positive for serious traders who want a clean setup: a trading terminal, stable pricing, and the freedom to run systems without interruptions.
Assets
FXCC offers a focused set of markets designed primarily for CFD trading and short- to medium-term speculation. The broker provides CFDs across forex, indices, commodities, and cryptocurrencies. This lineup is functional for traders who want core macro-linked markets and high-liquidity instruments, but it is narrower than the product catalogs of large multi-asset brokers.
Available Assets
Below you can see which assets are available for trading with FXCC:
| Asset | Availability |
|---|---|
| Currencies | 73 |
| Real Stocks | ✗ |
| Stock CFDs | ✗ |
| Commodities | ✓ |
| Indices | ✓ |
| Real ETFs | ✗ |
| ETFs CFDs | ✗ |
| Futures | ✗ |
| Options | ✗ |
| Bonds | ✗ |
| Cryptocurrency CFDs | ✓ |
| Real Cryptocurrencies | ✗ |
*Availability of certain assets may vary based on account type, platform, or region.
For Asian traders, the core of FXCC’s utility is likely in forex majors and key indices. The region’s trading activity often concentrates around currencies linked to macro cycles (USD pairs, JPY dynamics, AUD sensitivity) and global indices used for directional trades during Asia-to-Europe transitions. Commodities can support inflation-linked strategies and macro hedging, while crypto CFDs provide optional volatility exposure without requiring exchange infrastructure.
The limitation is clear: traders looking for extensive share CFD catalogs, ETFs, bonds, or thousands of symbols will likely view FXCC as too narrow. FXCC is better interpreted as a “core execution broker” for a defined set of liquid markets rather than a full-spectrum market access provider.
Spreads
FXCC’s cost proposition is anchored in its ECN XL account model. The broker advertises spreads from 0.0 pips with no separate commission included, positioning the offering as highly competitive for cost-sensitive traders. For strategies where cost efficiency is critical—scalping, intraday momentum, and automated systems—this can be a meaningful advantage, especially if spreads remain consistently tight during the trader’s active sessions.
Spreads Offered
Below a visual representation of FXCC's spreads across several currency pairs:
*Spreads are variable and may change based on market conditions, account types and trading volumes.
It is important to interpret “from 0.0 pips” correctly. This typically reflects the best-case spread environment on major pairs during high liquidity. Real-world spreads will vary across instruments, sessions, and volatility regimes. For Asian traders, the key consideration is how FXCC performs during the Asia session and during transitions into Europe. If spreads widen materially during the trader’s operating hours, the practical advantage of “0.0 pips” can diminish.
That said, FXCC’s ECN/STP positioning suggests a pricing environment built for active execution. The broker’s acceptance of high-volume and automated trading indicates it expects clients who care about all-in costs. This alignment between product design and trader profile is often a positive sign: brokers that design for active traders tend to compete harder on pricing and execution stability.
Other Trading Costs
Beyond spreads, FXCC states it does not charge deposit fees, which is useful for traders who fund frequently or move capital across accounts. The broker does, however, indicate that inactivity fees or charges related to specific withdrawal methods may apply. This matters because the “hidden friction” in many brokers is not the spread—it’s the operational cost layer that appears in the form of dormancy charges, withdrawal processing fees, or method-specific deductions.
For Asian traders, method selection is a practical part of cost management. Traders funding via cards or e-wallets may experience smoother flows than bank transfers, and crypto rails can introduce different external network costs. Since FXCC may apply fees in certain withdrawal scenarios, the disciplined approach is to treat funding behavior as part of the strategy: avoid unnecessary withdrawals, keep the account active if possible, and use the most cost-efficient withdrawal channel available.
Negative balance protection is stated as a feature, which is especially important when leverage is available up to 1:500. During extreme volatility events, gaps can occur and accounts can be exposed to losses beyond deposited funds if protection is not enforced. While negative balance protection is not equivalent to strong regulation, it does reduce tail-risk for retail traders if applied consistently.
Trading Conditions
FXCC’s trading conditions are designed for speed and flexibility. The broker operates under an ECN/STP execution approach with direct-to-market style execution, allowing traders to place orders without dealing desk-style intervention. This setup is particularly relevant for scalpers and algorithmic traders, where requotes, execution delays, or restrictions can erode strategy performance.
Leverage can reach up to 1:500, which can be attractive for traders seeking capital efficiency. But leverage is not a benefit on its own—it is a multiplier of both opportunity and risk. In Asia, where many traders operate during sessions with varying liquidity, leverage should be treated as a controlled tool rather than a default setting. A broker offering high leverage can be advantageous for margin efficiency, but it also increases the probability of rapid drawdowns if position sizing is not disciplined.
FXCC highlights segregated funds held in top-tier banks. Segregation is a key operational safeguard: it helps ensure client money is not mixed with the broker’s working capital. However, the strength of segregation protections and enforcement often depends on the regulatory environment. Under stronger regulators, segregation is monitored and breaches carry significant consequences. Under offshore environments, enforcement may be weaker. This reinforces the earlier point: the entity under which the account is held matters materially.
FXCC permits automated trading and high-volume trading. This is a practical signal of compatibility with professional-style workflows. Many active traders in Asia use EAs, signal engines, or systematic execution approaches. FXCC’s infrastructure is designed to support that segment, making it more suitable for traders who operate with structured models rather than casual discretionary trading.
Is FXCC a Good Option for Asian Traders?
FXCC can be a strong option for Asian traders who prioritize low barriers to entry, ECN-style execution, and a simplified account structure. The $0 minimum deposit is a useful feature for traders who want to test live conditions with minimal initial funding, and the single ECN XL account avoids the confusion of multiple pricing tiers.
For cost-focused traders, the “no separate commission” model can be attractive, particularly if FXCC maintains tight spreads on major pairs during relevant sessions. Traders running automation and high-frequency strategies may also appreciate the broker’s open stance toward EAs and high-volume execution.
However, FXCC is not a broker for every profile. The product range is relatively limited, which may not suit traders seeking broad multi-asset access. More importantly, the regulatory structure requires careful evaluation. While CySEC is meaningful, MiSA and SVGFSA are weaker frameworks and should be treated as higher-risk environments. Traders who strongly prioritize maximum investor protection may prefer brokers regulated only by top-tier authorities.
In short, FXCC fits best as a tactical execution broker for active traders who understand the trade-off between flexibility and regulatory depth. It can be effective in the hands of disciplined traders, but it requires a mature risk approach.
Our Verdict
FXCC is a streamlined ECN/STP broker designed for traders who care about execution, automation compatibility, and cost efficiency without account-tier complexity. Its ECN XL account, $0 minimum deposit, and spreads starting from 0.0 pips with no separate commission included make it particularly appealing for active traders who want clarity and low operational friction.
The broker’s platform offering is clean and serious: MT4 and MT5 with support for automated and high-volume trading. For many Asian traders—especially those operating systematic strategies—this is exactly what matters. FXCC does not attempt to distract with proprietary platform ecosystems or excessive marketing narratives. It presents itself as an execution venue, and that clarity is valuable.
That said, the regulatory picture is not uniform. CySEC provides meaningful credibility and compliance structure, but offshore registrations such as MiSA and SVGFSA do not offer strong investor safeguards and should be treated with caution. FXCC’s operational features—segregated funds and negative balance protection—help reduce certain risks, but they do not fully offset the importance of the regulatory entity under which the account is held.
In conclusion, FXCC can be a solid choice for Asian traders who are execution-focused, cost-sensitive, and comfortable operating with a realistic understanding of regulatory boundaries. Used responsibly, it can function as an efficient, strategy-friendly trading venue. Used carelessly—especially with high leverage—it can become a high-volatility environment where discipline matters more than any broker feature. FXCC is not about hype; it is about mechanics. For the right trader, that is precisely the point.
Frequently Asked Questions
Is FXCC regulated?
FXCC is regulated by CySEC in Cyprus and is also associated with MiSA (Marshall Islands) and SVGFSA (St. Vincent and the Grenadines). CySEC represents the strongest regulatory component, while the offshore registrations provide significantly weaker investor protection.
What account types does FXCC offer?
FXCC mainly offers a single live account called ECN XL. It is designed as an ECN/STP account with spreads from 0.0 pips and no separate commission included, offering a simplified structure for cost-focused traders.
What is the minimum deposit at FXCC?
FXCC does not require a minimum deposit to open a live account. The stated minimum deposit is USD 0, which allows traders to test live conditions with minimal initial funding.
Which platforms does FXCC support?
FXCC supports MetaTrader 4 (MT4) and MetaTrader 5 (MT5). The broker allows automated trading and high-volume strategies on both platforms.
Does FXCC charge fees for deposits or withdrawals?
FXCC states it does not charge deposit fees. However, it may apply fees for inactivity or for certain withdrawal methods. Traders should factor operational costs into account usage behavior, especially for dormant accounts or frequent withdrawals.
Note: Any opinions expressed in this article are not to be considered investment advice and are solely those of the authors. Singapore Forex Club is not responsible for any financial decisions based on this article's contents. Readers may use this data for information and educational purposes only.
