FXCL – Forex Broker review

FXCL review and Rating
FXCL review

Name: FXCL review

Description: FXCL, established in 2006, and is registered in the Republic of Vanuatu. It is owned and operated by FX Clearing Markets Ltd. This company provides cutting edge and modern trading platforms as well a ECN model and convenient financial market services.

72%
72 of 100 1 review
  • Support - 80%
    80%
  • Platform - 70%
    70%
  • Insights - 60%
    60%
  • Leverage - 70%
    70%
  • Commission - 80%
    80%

Summary

FXCL Learning offers the MT4 and Mobile forex trading top platform. FXCLearing.com also offers over 30 forex currency pairs, commodities, gold, silver, bitcoin, and other cryptocurrencies for investment and trading options. They offer a beginner account with a minimum deposit of only $1, no swap or commission, fixed spreads from 2 pips, and leverage up to 1:1000. They allow you to insure from 10% to 100% of funds. FXCL supports a wide range of languages, including English, Spanish, Portuguese, Hindi, Hebrew, Russian, etc. Read FXCL forex broker review, rating, regulation, and detailed information for their services below.

Sending
User Review
3.5 (2 votes)
Comments Rating 0 (0 reviews)

Pros

  • Used by over 10,000 traders
  • Established in 2008
  • Regulated by the Ministry of Finance and Economic Management
  • Min. deposit from $1

Cons

  • Doesn’t allow scalping
  • Not FCA Regulated
  • Only MT4 available

FXCL Markets are an online broker offering Forex trading trading, Spread Betting trading, Social trading trading, and Share Dealing trading. FXCL Markets have a listed stock symbol. This means that FXCL Markets have publically listed and you can officially buy shares in FXCL Markets on one of the worlds global market exchanges.

FXCL has 6 different accounts to choose from, we will briefly outline them below so they are easier to choose from. All accounts offer trade in micro lots and leverage of up to 1:500 (except the Beginner account, where leverage is up to 1:1000). Scalping is allowed for ECN Scalping account holders only.

FXCL Detail Information

Company FXCL Markets Ltd.
Founded in 2006
Offices in Ireland
Payment options Credit/debit cards, Neteller, OKPAY, Perfect Money, UnionPay, Wire transfer
Demo platforms MetaTrader 4
Account currencies Euro, United States dollar
Currency pairs
AUD/CAD AUD/CHF AUD/JPY
AUD/NZD AUD/USD CAD/CHF
CAD/JPY CHF/JPY EUR/AUD
EUR/CAD EUR/CHF EUR/GBP
EUR/JPY EUR/PLN EUR/SGD
EUR/USD GBP/CAD GBP/CHF
USD/SEK XAG/USD
Website available in Bengali/Bangla, Chinese, English, Indonesian, Laotian, Malay, Portuguese, Russian, Spanish, Thai
Support available in Chinese, English, Indonesian, Spanish, Thai
Support methods Email, Live chat, Skype
Trading server time zone GMT+2
  • Bonus offers
  • Trading contests
  • Affiliate program
  • Islamic accounts available
  • Requires sending documents via postal mail

Account Types

Micro Cent Account

Minimum account size $1
Minimum position size 0.01 lot
Spread type Fixed
Spread on EUR/USD, pips 1
Trading instruments
Forex 1:500
Gold & silver 1:500
Trading platforms MetaTrader 4
Digits after the dot in quotes 4
Margin call level 30%
Stop-out level 10%
Number of currency pairs 20
  • Cent account
  • Trailing stop
  • Pending orders
  • One-click trading
  • Mobile trading
  • Automated trading

ECN Light Account

Minimum account size $1
Minimum position size 0.01 lot
Spread type Fixed
Spread on EUR/USD, pips 0.6
Trading instruments
Forex 1:500
Trading platforms MetaTrader 4
Digits after the dot in quotes 4
Margin call level 60%
Stop-out level 40%
Number of currency pairs 20
  • Trailing stop
  • Pending orders
  • One-click trading
  • Mobile trading
  • Automated trading

ECN Scalping Account

Minimum account size $1
Minimum position size 0.01 lot
Spread type Fixed
Spread on EUR/USD, pips 1
Scalping Allowed
Expert advisors Allowed
Trading instruments
Forex 1:500
Trading platforms MetaTrader 4
Digits after the dot in quotes 4 or 5
Margin call level 100%
Stop-out level 70%
Number of currency pairs 50
  • Hedging
  • Trailing stop
  • Pending orders
  • One-click trading
  • Mobile trading
  • Automated trading
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