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FXCL Broker Review

Author Author:  Jeffrey Cammack
Published: May 26, 2020
Editor Editor:  Chris Cammack
Updated: May 8, 2023
Last Updated On May 8, 2023
Jeffrey Cammack
Overall Rating
2.59 2.59 / 5
🏦  Min. DepositUSD 100
🛡️  Regulated By
💵  Trading Cost 
USD 10
⚖️  Max. Leverage1000:1
💹  Copy Trading
🖥️  Platforms
💱  Instruments 
AlertMost retail CFD accounts lose money. Your capital is at risk.
Last Updated On May 8, 2023
Jeffrey Cammack

75-90% of retail traders lose money trading Forex and CFDs. You should consider whether you understand how CFDs and leveraged trading work and if you can afford the high risk of losing your money. We may receive compensation when you click on links to products we review. Please read our advertising disclosure. By using this website, you agree to our Terms of Service.

Our verdict on FXCL

🏦  Min. DepositUSD 100
🛡️  Regulated By
💵  Trading Cost 
USD 10
⚖️  Max. Leverage1000:1
💹  Copy Trading
🖥️  Platforms
💱  Instruments 

Overall Summary

Regulation
100001/ 5
Trading Conditions
111104/ 5
Trading Platforms
110002/ 5
Deposit & Withdrawal
110002/ 5
Education & Research
110002/ 5
Assets Available
111104/ 5
Customer Service
1110.503.5/ 5
Beginner Friendly
Standard
Welcome Bonus

Account Information

Base Currencies
USD, EUR, THB, MYR
Number of FX Pairs
34
Crypto Pairs
4
Copy Trading
Hedging Allowed
Scalping Allowed
Islamic Account

Trading Conditions

Account Name
Trading Desk
Commission
Fees Included in Spread
EUR/USD
1.00 pips
GBP/USD
2.00 pips
USD/JPY
2.00 pips
Negative Balance Protection

Company Details

Company Name
FXCL Markets Ltd
Founded
2006
Website Language
English
Support Language
English
Office Locations
Saint Vincent

Pros

  • Good range of accounts

Cons

  • No swap-free account option
  • Extreme leverage

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AlertMost retail CFD accounts lose money. Your capital is at risk.
Find An Approved Broker
Overall Rating
2.59 2.59  / 5
Site Icon Data provided by FxScouts

FXCL Financial Regulation

Regulator License
Regulator License

FXCL Trading Cost Comparison

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