RatingFX: independent rating of Forex brokers
FXCL is managed by FXCL Markets Ltd., which operates as a part of FX Clearing Group Holding. FXCL Markets Ltd. is registered in Belize and regulated by the International Financial Services Commission. The license gives the right to conduct brokerage activities, make transactions, and operate in the world foreign exchange market. Besides, the company is also regulated by the FMRRC in Russia.
Clients trade via the MetaTrader 4 platform available on a computer, tablets, and mobile devices. Binary options trading is conducted on the Binarystation platform.
The Beginner account:
The Micro Cent account:
The Mini account:
The ECN Light account:
The ECN Interbank account:
The ECN Plus account:
The Micro Cent and ECN Light accounts are opened in cents. ECN Plus allows the use of all types of advisers, while spamming advisers are prohibited for the other accounts. The minimum deal size is 0.01 lot for each account type. Hedging between swap and swap-free is also possible on all accounts. The leverage depends on the account type and the deposit amount.
The broker regularly organizes promotions and offers its clients various bonuses such as 60% Deposit Bonus to a live trading account, $50 No Deposit Bonus, and 110% bonus as a birthday gift. Besides, the holders of the Mini, ECN Light, and ECN Interbank accounts are partially compensated for losses by the broker. The necessary countings are conducted at the end of every week, on Sunday. This bonus is also available for accounts with a negative balance. It can fully or partially settle a trader’s debt.
The broker does not provide its services to the residents of Japan, the US, and Canada.
FXCL 3/10 (votes 2193)