Overall score
 4.8/5
 4.8/5
 4.7/5
 4.9/5
 4.8/5
 4.8/5

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.

Regulation

N/A

Supported Languages

Arabic, Bulgarian, Chinese, Czech, Dutch, English, French, German, Greek, Hebrew, Indonesian, Italian, Japanese, Korean, Polish, Portuguese, Romanian, Russian, Spanish, Turkish, Vietnamese, Persian, Indian

Products

Forex, Metals, Indices, Commodities, Futures & Shares

Min Deposit

100 USD

Max Leverage

1:1000

Trading Desk Type

ECN, STP, Market Maker

Trading Platforms

MetaTrader 4, MT4 VPS Hosting

Deposit Options

Wire bank transfers, Local bank transfers, credit/debit cards, payment apps, Digital assets

Withdrawal Options

Visa card, Bank Wire Transfer, Skrill, Neteller, UnionPay

Time to Withdrawal

Withdrawal times vary depending on the Payment provider but range from the same day to 10 business days.

Time to Open An account

5 minutes to register

Cryptocurrencies

N/A

Demo Account

Yes

Foundation Year

2010

Headquarters Country

Bermuda

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.

Reviews

Best services going beats other brokers I can’t complain will be recommending everyone FXCess
I have tried trading with a few brokers, but FXCess seems to be the best, lowest fees and they have every asset that you might wanna trade.
I can only recommend this broker.
Good
👌👌
Great Broker
Not had any issues at all, only been using for a couple of months and im happy to continue using.
Grey broker and very easy to get started would recommend
10/10 would recommend matched my starting fund allowing me to grow my money quicker
Great service
Great broker deposit and withdrawals are pretty quick. Signing up process very quick and easy. The use and functionality of the broker is pretty simple and effective.
Best broker to start with.
Nice and easy to understand and deposit/withdrawal
Could not recommended enough, to experienced traders and beginners alike. Easy to navigate and plain and effortless to understand. Really impressed
Great broker. Everything is made easy!
Started my trading journey with them and they matched my starting deposit which gave me a head start in making so good money from trading.
Incredible Broker
currently not withdrawn any money but overall very good
Fantastic
Top trader
Quick and easy to setup
Not to complicated in the end
The best, even a small child can use it wow
Excellent broker easy to navigate your way round as a beginner.
One of the best trading platforms I have used, really simple and easy to use. Fully secure and safe.
great broker, simple dashboard to use, great communication. 100% recommend
great and make profit
Brilliant
Easy to use. Easy to learn. Great for beginners and experienced alike.
easy to use
Very EASY TO USE
Highly recommend, it’s safe and very easy to understand! You CANNOT MISS OUT!
Easily the best out of them all.
Easy to use platform
great!
Only opened an account a couple weeks ago and it’s been so easy to use.
Easy to use, however it would be better if you could trade through the app rather than using MT4 as I find it difficult to use.
Great service, easy set up from account management all the way through to the deposit and starting your own trades stage.
Very easy
They’re amazing
Clear and secure broker, with easy deposit and withdrawal
Great platform to use would recommend them
Nice broker with low spread.
Easy and very simple to use, I have recommended it already 👌🏽
Easy to use and operate, straight dashboard and the helpline is fast
Easy set up, nice to have a deposit bonus to help with my trades. Easy deposit and withdrawal. If people are giving bad reviews it’s usually due to them not understanding what they’re doing. I’d checked FXCESS reviews previously, that bad ones sound like people are losing money as they are taking bad trades and not using proper risk/profit ratio.
Amazing easy to use
very straightforward and easy app to use. i was fairly new to forex when i began using the app and it has helped my understanding of the forex market. im looking forward to practicing my strategy and implementing it to make some nice profits.
I am very new to trading, but i must say FXCESS has made my journey a very easy experience. So i must say A++ to a great team for putting everything together.
Great broker
Very easy and quick to set up , amazing overall
Simply, Most easy to use!
Faboulous help, first time trader, finding it really easy to learn with these
Easy to use and a great all-rounder
Im pretty new in this industry, but I feel like this is one of the best brokers. Heard a few good things about it, tried it out myself, and it is really good.
very easy to set up and get started
Great
Simple and easy to get started, I was up and running within 2 hours.
Great
Very easy to use
I use this and it's absolutely fantastic. Service on platform and really simple to use and navigate
very good, highly recommend
Fxcess is a good platform to use as a beginner as it gets you used to using instruments fairly easily and is very straight forward.
There are still gaps to improve withdraws and deposits
Great trading platform. Simple and easy to use
Overall good broker
very happy 5/5
Easy broker to use, nice and simple. Love it
Fast and secure
Exactly from start to finish guys are great
perfect
Love it
This is the best broker I have found so far and the support from them is unmatched , one of their members has help me to go from a complete beginner to start and understand trading
One of the best I’ve used so far, would recommend
Can’t go wrong with this broker for crypto
Wry good broker would recommend this broker to everybody ideal quick withdrawal and deposits
Good broker would recommend
One of the best I’ve used so far
Great platform, easy to navigate would definitely Recommend!!!!
This broker is the best really good support to
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