FXCC Questions & Answers

I've been trading with this broker for few years now. That's why I may have missed some information about beginner bonuses. So it's better to ask about bonuses from support department on official website. By the way, they answer very quickly. So you'll get answer right away. As for broker's advantages, you can also ask about them. But in my opinion, they are obvious. Just look at trading conditions, which are listed on website and immediately understand everything. Another great plus would be trading platform. It works great and has mobile version. So you can trade not only from your computer or laptop. In general, look for information on company website.

If you open a trading account with the fxcc broker, your leverage will be up to 1:500. I can say that this is a big leverage, which very rarely brokers with such serious regulation as fxcc broker are willing to offer to traders. Usually following the wishes of regulators brokers try to impose restrictions on leverage for traders. Very often you can find such sizes of leverage as 1:20,1:30 for accounts suitable to novice traders, here the leverage of 1:500. If you've tried out your trading strategy on a demo account, you will find it easy to raise your capital with the help of such leverage. So in my opinion this broker is a very good place to start trading. Moreover, you can not start trading with the largest leverage, and choose a suitable option for yourself.

As far as I know the entire information on this matter is provided by the broker on its website. Perhaps, it's placed in "deposit methods" section, but, if you have asked this question, then I will help you. Bank/wire transfer is the longest way to withdraw money, because it has to pass through several procedures before they get into your account. The broker sends the request to acquirer bank, then after getting this request this bank start the procedure of processing the transaction, sends the request to the issuing bank, and only then you will be able to receive your funds in case there will be no mistakes during processing. It may take up to 7 business days, because banks, obviously, don't process transactions on weekends. I'd advise you to pay attention to some other payment methods, they are substantially faster.

I think every trader should pick the most suitable one. The only thing I can recommend is discipline. Good thing is that there are plenty of assets available at FXCC, so I am sure you will find some for comfortable trading.

Yep. There is a banner right on broker's official website stating that they double your deposit. They can give up to $2,000 for the first deposit. Nice to start trading here.

So, the answer is brief. Spreads and commissions are great:) As for the leverage. Try to trade with each of the available. That way you'll know the difference and you'll be able to choose the right one.

Well. I guess that it's a real luck to catch 0 pip spreads. Of course, they sometimes might be widened because of the conditions on the market. That's the way the company earns money. The lowest spread I faced here was 0.4-0.5 pips. It was early in the morning when Asian session was opened. Don't remember the asset.

Yes, as far as I know. You can use all of their tools, no matter how much you invest. Good luck.

I think it's better not to trade commodities if you're a newbie imho. Just try something light that fxcc provide. For example metals or indices will be nice thing to start with

Well, I would say it depends on your level of experience. I would say they are more useful for beginners but less for experienced traders. But the good thing is that high-quality market insights and analyses are available on the platform suitable for any level of experience.