Fxcess Broker Overview

Fxcess is a trusted broker, committed to providing bespoke trading services to all its clients. With thousands of clients worldwide, Fxcess prides itself for the dedicated customer services and exceptional trading conditions it offers to both beginner and professional traders.

The broker offers access to 300+ instruments across 6 different asset classes, as well as competitive spreads and flexible leverage.

The safety of client funds is a top priority, alongside 24/5 multilingual support to assist and support clients with all enquiries.

Let’s take a more detailed look at this multi-asset broker:

Fee details

Fxcess offers competitive pricing, with low spreads and flexible leverage of up to 1:1000.

Fxcess offers two account types, Classic and ECN accounts. The Classic account has zero commission and variable spreads from 1.7 pips. The ECN account offers variable spreads from 0.0 pips, but there are commission fees where traders have to pay $4.5 per lot round-turn.

Spread fees

Fxcess offers variable spreads starting from 0.0 pips.

The broker provides CFD trading across more than 300+  instruments, including forex, metals, futures, commodities, shares, and indices. Most of these instruments have tight spreads, which makes trading with Fxcess a cost-effective option.

Swap fees

Like many brokers, Fxcess charges swap fees for long and short positions that remain open overnight. However, the broker offers a swap-free account option for Islamic traders. The competitive swap fees at Fxcess make the broker a good choice for traders who want to manage their trading costs effeectively.

Deposit and Withdrawal Options

Fxcess offers various payment options for deposits and withdrawals, such as credit/debit cards and bank wire transfers.

The minimum deposit required to open an account with Fxcess is $10, with no extra fees for deposits. However, third-party charges might apply based on the chosen payment method. While deposits and withdrawals are typically free, certain exceptions may apply, depending on the client’s bank or financial institution.

Deposit and withdrawal processes are safeguarded with the latest SSL encryption and other security technologies. Fxcess ensures a secure and reliable client portal and payment methods, supported by a 24/5 multilingual customer support team to assist clients.

Tradable Assets

Fxcess offers over 300 financial instruments across 6 asset classes, including forex, metals, futures, commodities, shares, and indices. These markets are accessible via the MT4 trading platform, one of the most popular platforms among traders. WebTrader is also available.

Forex

Forex is the most popular trading market among traders. Fxcess offers 80+ currency pairs, including majors, minors and exotics 24/5.

Metals

Fxcess offers CFD trading on gold and silver at competitive spreads and spot execution without having additional foreign exchange exposure. Trading precious metals is quite popular among traders, especially during periods of economic uncertainty or market volatility.

Futures

Futures contracts are amongst the most liquid instruments with large volumes being traded daily. Opening and closing positions can therefore be executed without delay through Fxcess’ reliable platforms.

Commodities

Traders can access CFDs on coffee, sugar crude oil, and other commodities with low spreads and flexible leverage. Given the price volatility driven by supply and demand fluctuations and geo-political factors, traders can capitalise on these movements by trading commodity CFDs.

Shares

Fxcess offers CFD trading on stocks with flexible leverage and competitive spreads.  Traders can trade in the stock market and access some of the most popular company shares, including Apple, Microsoft, Google, Facebook and more.

Indices

Fxcess also offers CFD trading on indices, providing access to global spot indices such as UK 100, Wall Street, Germany 30 and many more. These indices, available with flexible leverage and low spreads, offer traders flexibility in both short and long positions.

 Leverage

Fxcess offers flexible leverage up to 1:1000, allowing traders to open bigger positions with a smaller initial deposit.

The leverage level can be adjusted to suit the specific requirements of traders, allowing them to take control of their trading strategies.

Compared to other brokers, Fxcess offers relatively higher leverage. It’s important to note that leverage acts as a double-edged sword, potentially magnifying profits in favourable market movements. However, leverage also magnifies losses if the market moves unfavourably.

Negative Balance Protection

Fxcess offers negative balance protection to all clients, preventing a trader’s account  from going into a negative balance. Negative balance protection ensures that clients will never lose more than their total deposits.

Trading Platforms

Fxcess offers the powerful MetaTrader 4 (MT4) trading platform, one of the most popular platforms among traders. Known for its user-friendly interface, the platform is easily accessible on destop or laptop computers as well as on Android devices or online through the MT4 WebTrader without additional downloads.

Customised Interface:

MT4’s user interface is customisable, enabling traders to tailor their experience based on their individual needs. Advanced charting tools support technical analysis and keep traders informed about market trends.

Advanced Trading Orders:

Traders have access to a range of advanced trading orders, including limit orders, stop losses, and take profits, which help to manage risk effectively and maximise profits.

One-Click Trading:

The MT4 platform supports one-click trading and simplifies order execution, saving time and enhancing trading efficiency. The platform offers a diverse range of tradable instruments, advanced trading orders, and technical indicators.

In addition to MT4, Fxcess provides a Personal Multi Account Manager (PMAM) platform, allowing traders to place bulk trades for multiple accounts.

·      Manage orders, positions, and equity online

·      One-click order entry

·      Manage unlimited MT4 accounts

·      Monitoring of financial instruments’ prices and forex rates

·      Activity reports

·      Supported OS: Microsoft Windows 98 or higher

Account Types

Fxcess offers two trading accounts: Classic and ECN.

Classic

The Classic account has a minimum deposit of $10 and offers variable spreads from 1.7 pips and flexible leverage up to 1:1000. Base currencies are EUR, GBP, JPY, USD, and NGN. Minimum lot size is 0.01.

ECN

The ECN account also has a minimum deposit of $10, with variable spreads from 0.0 pips and flexible leverage up to 1:500. Base currencies are EUR, GBP, JPY, USD, and NGN. The minimum lot size is 0.01.

Promotions

Fxcess provides a range of deposit bonuses and promotions designed to enhance the trading experience. Clients can boost their trading with Fxcess by choosing from bonuses such as the 100% Sharing Bonus , the 40% Power Bonus, or the Credit Bonus.

Customer Support

Fxcess guarantees round-the-clock support for traders, providing multilingual assistance. The dedicated support team is always willing to help with queries regarding trading accounts, deposits, withdrawals, and more.

Educational Resources
Fxcess also provides an informative blog page, designed to help traders better understand the markets and make informed trading decisions. Traders can stay updated with market news through the Fxcess blog which has been developed to help traders improve their trading knowledge. Explore valuable trading insights around forex and other markets, and gain essential knowledge about trading. Both experienced and new traders can make the most of this useful resource to sharpen their skills and achieve their goals.

 In summary

Fxcess offers a wide range of trading instruments, including forex, metals, futures, commodities, shares, and indices. With a reliable platform, educational materials, multilingual customer support, and four types of trading accounts, the broker is a reliable choice that provides traders with an enjoyable trading experience.

Regardless of whether you trade forex or other financial instruments, Fxcess provides the tools you need to make informed decisions and succeed in your trading activities.

All trading involvesrisk. It is possible to lose all your capital.