Fxcess

Fxcess Reviews

Reviews 19
4.7
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Great broker to start with

I made the right decision to look for a less complicated trading service! These big industry names had too much to offer and too long to bring me from registration to trading. Fxcess solved this problem, offering a straightforward registration, connecting to mt4 in a very delicate way. I’ve already made my first trades and even made my first $50 withdrawal!

There are layers

What you see on the website is just the surface, turns out they have more goodies LOL
I didn't know that you can improve your classic accoutn to be preimum and have the better spreads. Support told me about it on live chat, those guys are really nice and professional btw. and they have crypto for payment as well, I am impressed tbh

Education

They have only blog and that’s all, not serious, i hope they’ll add online webinars.

Supported in my first steps

Good place to begin trading, slowly, steadily getting closer to be a better trader. Very straightforward platform and easy to connect to mt, which I’ve already been aware of how to use it. In other services, their customer support was my guide and guru, giving info and useful advice on every feature, which I pointed out.

1.7 pips classic

standard pips are a bit high, no doubt. But if you upgrade to premium, they get much better, and that's the beaty of going with a spreads account I think.

Did my due diligence

They say read reviews for your broker before you open an account… I liked the fxcess platform, particularly liked that opening an account here doesn't cost a lot, and on top of that 100% deposit bonus is offered. I checked reviews and there were no reports from others that the broker is scam or smth.

Account

ECN account is a catch, considering how delicious leverage is there. Usually it’s x100, x200, here x500, making trading in choppy forex more favourable. Already withdraw some profits.

Excellent leverage offer

There are two good features that makes fxcess great for traders with small accounts:
- 100% deposit bonus, and
- 1000x leverage offer

This was the seal od the deal for me

Works for forex

Don’t know how good the terms are for other categories, but for forex the platfomr is just fine… even with the classic account, the spreads are okay

Good fees

That is the first thing that I look at. Without proper trading conditions there is no need to even look at the broker imho. Here the ECN account offers decent numbers, with spreads starting from 0 and small commission fee on the side. But what also makes the trading easier is trading central. The analysis and breakdowns are there every day, which helps to trade profitably intraday

Low costs

Just wanted to share that the ECN account, which is the one I use at fxcess btw, has seriously low trading costs. While the spreads are tight, as expected them to be for an ecn account type, what makes the things even better is the commission… it comes at $4.5 total per trade per 1 lot. This is much lower compared to some other brokers with the same account type where the fee ranges from 6 to 7. This is one reason i chose fxceess alongised the great deposit bonus offer