FXCC Forex Trading Conditions
Successful forex traders need a flexible forex trading environment . Our trading conditions
bring transparent and open forex trading to all our account holders and offer a sophisticated
suite of trading options. The table below outlines the key features of our XL, Standard and Advanced accounts.
Main Feature
|
ECN XL
|
ECN STANDARD
|
ECN ADVANCED
|
Description
|
Hedging Capability
|
|
|
|
You can hedge your positions, but be aware that your account equity must meet the
margin requirements to be able to close one or more of the hedged positions. Fully
Hedged accounts are not immune to Stop Out. If your account
equity reaches Zero level or below for any reason (Such as wide spread on news or
swap deduction), your open positions will be closed automatically. FXCC has the right to close all or part of the hedged positions in order to avoid the possible risk of negative balance due to wide spreads; this may apply on Accounts maintaining big amount of hedged positions with very small equity.
|
Minimum Transaction Level
|
0.01 Lot
|
0.01 Lot
|
0.01 Lot
|
Minimum transaction size on energy and indices is 0.1 lots
|
Dealing Desk
|
|
|
|
All trades are executed in the Inter-bank market using STP (Straight-Through-Processing)
|
Automated Trading
|
|
|
|
You may apply your own trading strategy using any Expert Advisor on MT4
|
Margin Call Level
|
100%
|
100%
|
100%
|
Once your account reaches a Margin Level of 100%, you will be alerted
|
Stop Out Level
|
50%
|
50%
|
50%
|
Once your account reaches a Margin Level equals to the Stop Out Level or below, the system will automatically close all your open positions. It should be noted that we may at any time increase the Stop Out level, as FXCC deems necessary.
|
Trading Platforms
|
MetaTrader4
|
MetaTrader4
|
MetaTrader4
|
FXCC Meta Trader 4 & FXCC Mobile Trading
|
Financial Instruments
|
28 Currency Pairs Gold, & Silver, View full list
|
28 Currency Pairs Gold, & Silver, View full list
|
200+ Financial Instruments, View full list
|
Please contact our support team for any additional information.
|
Deposit Currencies
|
USD, EUR & GBP
|
USD, EUR & GBP
|
USD, EUR & GBP
|
Currencies you may denominate your account in
|
Re-Quotes
|
|
|
|
No Dealing Desk means No Re-Quotes
|
Pricing format
|
5 decimal pricing
|
5 decimal pricing
|
5 decimal pricing
|
Example: 0.12345
|
Stop Levels
|
0.1 Pip
|
0.1 Pip
|
0.1 Pip
|
0.1 Pip away from the Market Rate, i.e. You could place Stop Loss order within the
spread.
|
High & Low Rates
|
Bid Rate
|
Bid Rate
|
Bid Rate
|
High & Low Rates on the Chart and Market Watch are always Bid Rates. Therefore,
when you’re holding a Sell position your Stop Loss may be executed at a higher Rate
than the recorded High Rate on MT4 Market Watch or Chart.
|
Minimum Deposit
|
100 USD
|
10,000 USD
|
100,000 USD
|
Or Equivalent amount in a different currency
|
Minimum Withdrawal
|
50 USD
|
50 USD
|
50 USD
|
For All Account Types
|
Leverage
|
1:1 - 1:300
|
1:1 - 1:200
|
1:1 - 1:100
|
- Leverage of Gold & Silver is 1:100 for all accounts.
|
Commission*
|
ZERO
|
FX: 0.75 pip a side Metals: $7.5 a side
|
FX: 0.4 pip a side Metals. Energy & Indices: $4 a side
|
Please note that for clients introduced by a 3rd party, an introductory fee might apply on XL Accounts. If such fee is applied, the client will be notified by FXCC prior to enabling any trading activity on that account.
|
Rollover
|
|
|
|
Please refer to the Rollover page for more details.
|
Promotional Account |
terms & conditions apply
|
|
|
|
FXCC Forex Trading Hours
Our daily operation time for trading is from 17:05 to 16:55 New York Time (EST)
from Sunday to Friday which is equivalent to 00:05 to 23:55 Server Time, Monday
to Friday, except the 25th of December and the 1st of January. During the Day Light
Saving Time our operation and server time is adjusted according to the New York
time (EST).
FXCC Forex Trading Conditions
Successful forex traders need a flexible forex trading environment . Our trading conditions
bring transparent and open forex trading to all our account holders and offer a sophisticated
suite of trading options. The table below outlines the key features of our XL, Standard and Advanced accounts.
Main Feature
|
ECN XL
|
ECN STANDARD
|
ECN ADVANCED
|
Description
|
Hedging Capability
|
|
|
|
You can hedge your positions, but be aware that your account equity must meet the
margin requirements to be able to close one or more of the hedged positions. Fully
Hedged accounts are not immune to Stop Out. If your account
equity reaches Zero level or below for any reason (Such as wide spread on news or
swap deduction), your open positions will be closed automatically. FXCC has the right to close all or part of the hedged positions in order to avoid the possible risk of negative balance due to wide spreads; this may apply on Accounts maintaining big amount of hedged positions with very small equity.
|
Minimum Transaction Level
|
0.01 Lot
|
0.01 Lot
|
0.01 Lot
|
Minimum transaction size energy and indices is 0.1 lots
|
Dealing Desk
|
|
|
|
All trades are executed in the Inter-bank market using STP (Straight-Through-Processing)
|
Automated Trading
|
|
|
|
You may apply your own trading strategy using any Expert Advisor on MT4
|
Margin Call Level
|
100%
|
100%
|
100%
|
Once your account reaches a Margin Level of 100%, you will be alerted
|
Stop Out Level
|
50%
|
50%
|
50%
|
Once your account reaches a Margin Level of 50% or below, the system will automatically close all your open positions.
|
Trading Platforms
|
MetaTrader4
|
MetaTrader4
|
MetaTrader4
|
FXCC Meta Trader 4 & FXCC Mobile Trading
|
Financial Instruments
|
28 Currency Pairs Gold, & Silver, View full list
|
28 Currency Pairs Gold, & Silver, View full list
|
46 Currency Pairs Gold, & Silver, WS30 & NDX
|
Please contact our support team for any additional information.
|
Deposit Currencies
|
USD, EUR & GBP
|
USD, EUR & GBP
|
USD, EUR & GBP
|
Currencies you may denominate your account in
|
Re-Quotes
|
|
|
|
No Dealing Desk means No Re-Quotes
|
Pricing format
|
5 decimal pricing
|
5 decimal pricing
|
5 decimal pricing
|
Example: 0.12345
|
Stop Levels
|
0.1 Pip
|
0.1 Pip
|
0.1 Pip
|
0.1 Pip away from the Market Rate, i.e. You could place Stop Loss order within the
spread. For Energy and Indices, visit the Contract Specifications section.
|
High & Low Rates
|
Bid Rate
|
Bid Rate
|
Bid Rate
|
High & Low Rates on the Chart and Market Watch are always Bid Rates. Therefore,
when you’re holding a Sell position your Stop Loss may be executed at a higher Rate
than the recorded High Rate on MT4 Market Watch or Chart.
|
Minimum Deposit
|
100 USD
|
10,000 USD
|
100,000 USD
|
Or Equivalent amount in a different currency
|
Minimum Withdrawal
|
50 USD
|
50 USD
|
50 USD
|
Or Equivalent amount in a different currency
|
Leverage
|
1:1 - 1:30
|
1:1 - 1:30
|
1:1 - 1:200
|
- Maximum leverage available for Retail Clients residing in Spain is 1:10
|
Commission
|
FX Pairs:
0.4 pip a side
Silver: $4 a side
|
FX Pairs:
0.75 pip a side
Silver: $7.5 a side
|
FX Pairs:
0.4 pip a side
Silver: $4 a side
|
Spread markup is added on top of the raw interbank spreads quoted by our Liquidity Providers starting from 0.1 pip
Please note that for clients introduced by a 3rd party, an introductory fee might apply on XL Accounts. If such fee is applied, the client will be notified by FXCC prior to enabling any trading activity on that account.
|
Rollover
|
|
|
|
Please refer to the Rollover page for more details.
|
Promotional Account |
terms & conditions apply
|
|
|
|
FXCC Forex Trading Hours
Our daily operation time for forex trading is from 00:05 to 24:00 Server Time, Monday to Friday, except the 25th of December and the 1st of January.