BrokAIr Reviews

Fx Central Clearing Review

"Fx Central Clearing has become the poster child of online brokerages, but their reputation for customer service is questionable." Is Fx Central Clearing really the best choice for savvy investors?

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FX Central Clearing Overview

Company Overview

Fx Central Clearing (FXCC) is an international, multi-asset class broker and liquidity provider offering trading services for retail and institutional clients. The company was founded in 2010 and is headquartered in Limassol, Cyprus. FXCC is overseen by the Cyprus Securities and Exchange Commission (CySEC) and the European Markets in Financial Instruments Directive (MiFID).

Pros & Cons

Public Opinion

The public opinion of Fx Central Clearing is generally positive. Many users praise it for its industry-leading spreads, leverage and execution speeds. The company's advanced charting tools and trading platform are also highly appreciated. However, some users criticize it for its limited educational resources and lack of support for US customers.

Newsworthy Events

In 2017, Fx Central Clearing was awarded the "Best Forex Broker Europe 2017" award by the Global Banking & Finance Review Awards. In 2019, FXCC launched its new trading platform - ECN Trading Station - along with a suite of advanced charting tools. Later that same year, FXCC was granted a license by the Financial Conduct Authority (FCA) in the United Kingdom.