FXCC is a regulated Foreign Exchange Broker that offers a wide range of trading technologies and services. FXCM is a ECN/STP business model allows their clients to take advantage of transparent real-time pricing. All FXCC clients have access to a unique Forex Trading environment that offers sophisticated STP (Straight Through Processing) liquidity, execution and trading functionality. The Non-dealing desk model allows client orders to be executed automatically and instantaneously through our Market network of liquidity providers.
FXCC’s business model (ECN/STP) offers complete anonymity, full transparency, advanced execution, direct and competitive market prices and spreads. This creates a trading environment with no re-quotes and no conflict of interests or bias against any trader or forex trading system including automated systems and forex scalping.
All ECN trading activity is totally anonymous. Anonymity enables traders to deal on neutral prices, which reflect the real market conditions only and are not biased against the client’s direction based on forex trading strategies, tactics or current market positions.
Instantaneous Trade Execution
Clients trade forex instantly on live streaming, best executable prices with immediate confirmations. FXCC does not provide a “last look” to price makers, so FXCC trades are final and confirmed as soon as they are dealt. There is no dealing desk to intervene, so there are no re-quotes.
The FXCC ECN model allows clients to trade on the global liquidity of world-class banks and qualified financial institutions.
Automated forex Trading/Market Data
Through the use of our API, clients can connect their trading models and risk management systems to our market data feed and matching engine. FXCC’s live, neutral, executable market data includes the Best Bid and Best Ask prices at the time. These attributes of our data make it robust in back testing trading models and powering them for live trading.
Unlike a dealer, however, FXCC does not control the bid/offer spread and therefore can not provide the same bid/offer spread at all times.
As an authorized Cyprus Investment Firm, FXCC is authorised by the FCA as a Financial Services company licensed to operate in the EEA (European Economic Area). Financial Services firms regulated by a member state of the EEA are permitted to offer cross-border services and products to other member states. The FCA (Financial Conduct Authority) maintains a central registry of such firms. Our reference number on the FSA registry is 549790.
FXCC applies the Markets in Financial Instruments Directive (MiFID). MiFID provides a harmonised regulatory environment for investment services across the European Economic Area (EEA). The main objectives of the MiFID Directive are to enhance financial transparency, increase competition, and offer greater consumer protection in investment services.
In compliance with Law 144(I)/2007, the Company is a member of the Investor Compensation Fund (ICF) covering Clients of Cyprus Investment Firms (CIFs). The objective of the ICF is to secure claims by covered Clients against Cyprus Investment Firms through payment of compensation in cases where the member of the Fund is unable to do so from its own resources.
Currently there is no rebates and bonus for this broker.