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FXCESS Review

15

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Very good

Revainrating 4.5 out of 5  
Rating 
4.6
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Details

Description of FXCESS

Fxcess is a reliable broker within the industry, dedicated to providing excellent trading services, bespoke trading platforms and 24/5 multilingual support to all its clients worldwide. The broker provides access to more than 300 tradable instruments across 6 asset classes, including forex, metals, indices, commodities, futures and shares. Fxcess stands out for its competitive trading conditions, low spreads and flexible leverage. Clients can choose between 2 different account types: Classic and ECN. The accounts offer the opportunity for traders to trade with variable spreads starting from 0....

Reviews

Global ratings 15
  • 5
    9
  • 4
    6
  • 3
    0
  • 2
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  • 1
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Type of review

Revainrating 4 out of 5

Not sure who it's best for

I consider myself a newer trader, and Fxcess seemed very approachable to me, because of very simple UI and straight-forward nature of it. But now I see, not a lot of education option, and at the same time $5000 people are getting free virtual servers for use. So I feel like this is more for intermediaate or even for experts?

Pros
  • Simple, clean
  • PMAM seems good for beginners
  • A lot of languages for support, I think this will be great for many countries
Cons
  • No education provided.

Revainrating 5 out of 5

Reliability and variety

It provides different account options with commission free accounts which allows traders to choose based on needs and preference. It also uses the meta trader 4 platform and in my experience, it has proven to have a friendly interface .

Pros
  • - uses PMAM which manages multiple accounts at the same time
  • - multilingual customer care support
Cons
  • support team is available for 5 working days, help is limited during the weekend

Revainrating 5 out of 5

Quite a simple one

It's quite a simple platform and this is what captivates most about it, imho. Certain range of markets from fx to futures, tight spreads, 2 accounts and 2 payment options. IDK, maybe for some it's a drawback, but not for me. Prolly FXcess lacks diversity of platforms, but anyway MT4 is here.

Pros
  • + Simple
Cons
  • - No MT5 or cTrader at least

Revainrating 5 out of 5

All you need is classic or ecn

These guys get it! Like for real, why are there 20 types of accounts on some places. The only difference there would be slightly less pips, like it doesn't even much sense let alone save up any money. If you open a trade with 1.2 pips and 1.0 pip spread the difference will be so minimal some may not even notice it. (Of course if you are not trading like 50 lots in one). Classic with spreads and one with commisions, thank you Fxcess!

Pros
  • Nice accounts, neat and simple
Cons
  • Super limited funding options, like come on...

Revainrating 4 out of 5

One trading option

So the only option as far as I’m concerned is the ECN account, but with some caveats. One of them is the absence of Futures on ECN. DOn’t know why but it’s kinda strange. On the bright side, spreads are very low, almost inconspicuous.

Pros
  • futures trading gives some extra trading opportunities
  • ECN account is a big plus
Cons
  • spreads on Classic are above market average

Revainrating 5 out of 5

How my journey started...

I recently found this broker and want to share some details about how it all started. I registered within few minutes, but verification took a lil' bit more. After that I started to trade on the demo account, and of course I targeted currency pairs, as I was taught that they are more convenient for beginners. I should say that I like trading conditions here, platform doesn't glitch, instruments' number is... excessive.

Pros
  • There are many assets
  • Convenient an intuitive trading platform
Cons
  • Only 2 types of payments are available, need more

Revainrating 4 out of 5

Smooth onboarding procedure

I recently registered a trading account with FXCess. I must share that the procedure was quick and smooth. This contributes to the overall simple onboarding procedure, alongside their account structure. It is incredibly easy to decide which account to choose, unlike some other platforms. Also, I contacted their customer support and can say that the experience was great. It is good to know that I have chosen a broker who is always here in case of need.

Pros
  • Simple account structure
  • Excellent customer support
  • Transparent trading terms
Cons
  • Limited options for trading terminals

Revainrating 4 out of 5

It's time to take stock

I started trading on this broker's platform about a month ago. And this means that it's time to take stock. I can say that I'm satisfied with how each service works. This broker has high-quality tools. And trading conditions are well balanced. I have no complaints. And disadvantage that I wrote about can rather be attributed to recomendations. I'm sure that some traders will be delighted with such an upgrade.

Pros
  • Here are several types of accounts
  • Platform is popular among traders
  • It's allowed to use any trading strategies
Cons
  • There is no cent account

Revainrating 5 out of 5

My review about FXCESS broker

This is a unique broker which can offer many different services for us. I like their trading platform very much because there are a lot of unusual and modern functionalities that can make my trading experience easier and successful.

Pros
  • A lot of assets available.
  • PMAM function which can be helpful for those who have been in trading for a long time.
Cons
  • Probably, the user interface but it is not a big deal for me.

Revainrating 4 out of 5

Options to trade how I want

I like that the broker has multiple trading accounts allowing me to trade the way I want, and then also multiple payment options, giving me the power to chose how and where I recieve money. I am able to trade whichever asset I want and I am also able to diversify and increase my profit.

Pros
  • - the various payments methods is a plus for me it makes getting my money convenient.
  • - The accounts setup is good.
Cons
  • For me, it would be that the broker lacks tools and features.

Revainrating 5 out of 5

With them more than 2 years

Nothing to complain about, altho I think some features from other brokers could be beneficial here a s well. I reccomend them

Pros
  • Industry-leading MT4 platform, nuff said
  • I like that they have both 0 spread account (ECN) and 0 comission account (Classic). Best of both worlds.
Cons
  • Support doesnt work on weekends/
  • Investing more than 10k I would have expected to unloack a special tier or smth, with even lower spread, but they dont treat you any special if you are a high roller.

Revainrating 5 out of 5

Fast withdrawals

How the broker handles payouts through wire transfers is what matters the most to me, and I can say that FXCess is doing pretty well in this regard. It takes around three days which is a standard time for serious brokers to complete the transfer.

Pros
  • Broker suitable for pro traders
Cons
  • Limited payment methods

Revainrating 5 out of 5

No red flags

I did thorough research before I registered myself to trade on this platform. I read many reviews and couldn’t find any major red flags about FXcess. It’s a respected and reputable broker, which matters the most, second only to the trading conditions.

Pros
  • A broker focused on the MT4 trading engine
Cons
  • No cryptocurrencies available for trading

Revainrating 5 out of 5

Fast deposits and withdrawals

when it comes to how quick you’ll get your money on payout day then Fxcess should be your plug. This broker prides itself in speed which has been proven and tested.

Pros
  • The platform has really cool features and the broker always carries out regular updates to deliver the best.
Cons
  • The customer service staff sometimes do delay in responding to my complaints.

Revainrating 4 out of 5

Total review about Fxcess

I want to share my total review about Fxcess company. I’m a rookie trader in the trading sphere and started trading recently but already sort out some things about trading. I signed up for this company because of bonuses and I think it is important for many beginners and I got some bonuses that helped to trade more confidently. They also offer two trading accounts to choose from and the trading conditions are great. In general, I am pretty satisfied with the services of Fxcess broker.

Pros
  • Classic account is a great choice for me and there are tight spreads, zero commission and available free swaps because I hold trade positions for several days.
Cons
  • There are not many ways for transferring money.