BrokAIr Reviews

Fxcl Markets Review

"Fxcl Markets is one of the few brokerages that has managed to remain unregulated, leaving investors feeling vulnerable and uncertain about their investments." Is Fxcl Markets putting its customers at risk with its lack of regulation?

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Introduction to Fxcl Markets

Fxcl Markets is an online brokerage founded in 2010. It is regulated by the Financial Services Authority (FSA) of St.Vincent and the Grenadines, and operates under the regulatory framework of the International Financial Services Commission (IFSC). Fxcl Markets is a market maker that provides trading services in Forex, metals, futures, and commodities, as well as other investments.

Top Pros

Top Cons

Founders

Fxcl Markets was founded by a group of experienced traders in 2010. The company is based in St.Vincent and the Grenadines.

Public Opinion

The public opinion about Fxcl Markets is mostly positive. Most traders appreciate its variety of assets and competitive spreads. However, there are also some negative reviews due to its limited payment options and lack of customer support.

News Events

In 2018, Fxcl Markets launched a new platform called "FXCL Trader" which provides enhanced trading capabilities and improved user experience. In 2019, Fxcl Markets was added to the list of approved brokerages by IFSC.