Why it qualified
FXCess review
Measured against the entry criteria, and where FXCess sits on the list.
Last checked
FXCess sits at the bottom of our fifty and is a candidate to drop out of it. What keeps it on the list is thinner than what would take it off. Regulated by Anguilla company registration; international brokerage operated by Notesco Int Limited, offering MetaTrader 4, FXCess WebTrader.
Our rating
One rating, identical across our sites - only the way it is shown changes. It averages six assessments: regulation, trading costs, platforms, markets, support and education.
What it costs to trade
- Spread from
- 0.0 pips
- EUR/USD spread
- Approx. 0.2 pips, STP/ECN
- GBP/USD spread
- Approx. 0.4 pips, STP/ECN
- Commission
- Approx. $4.50 per side / $9 round turn, Zero Spread
- All-in cost, EUR/USD
- Approx. 0.9 pips
- Spread type
- Fixed and variable, account-dependent
- Overnight swap
- Both: overnight swaps may be charged or credited; swap-free accounts available
- Inactivity fee
- $50 after 12 months inactivity, then annually
- Deposit fee
- Generally none internally
- Withdrawal fee
- Generally none internally; bank/payment-provider charges may apply
- Currency conversion
- Conversion at prevailing exchange rate
Cost separates brokers who are otherwise level on the measures that decide the list.
A quoted spread from 0.0 pips is a raw-spread figure, which almost always means a separate commission per lot. Compare the two together - a "zero spread" account with a high commission can cost more than a wider spread with none.
Quoted spreads are best-case figures on the most liquid pair, in normal conditions. What you actually pay widens around news and at the session open.
FXCess lists a minimum deposit of $10. Treat it as the cost of opening an account, not the cost of trading one - position sizing on a small balance is what tends to cause damage.
Markets and execution
- Markets
- Forex, Futures, Metals, Indices, Commodities, Shares
- Currency pairs
- 80+
- Total instruments
- 200+
- Crypto CFDs
- No
- Maximum leverage
- 1:1000
- Execution model
- Hybrid instant execution / STP-ECN
- Execution speed
- Under 100ms
- Order types
- Market, buy limit, sell limit, buy stop, sell stop, stop-loss, take-profit, trailing stop
- Servers
- Global financial data-centre infrastructure
Leverage up to 1:1000 is available on this entity. High leverage does not increase your expected return - it increases position size for the same deposit, and shortens the move needed to close you out.
FXCess covers forex, futures, metals, indices, commodities, shares. A wider range matters less than depth in the instruments you actually trade.
Funding options: visa, mastercard, bank wire, e-wallets and regional payment methods. Check withdrawal routes as well as deposit ones - they are often not the same, and the difference only becomes apparent when you try to take money out.
Platforms and tools
- Platforms
- MetaTrader 4, FXCess WebTrader
- Own platform
- No
- Mobile app
- Third-party
- Browser trading
- Yes
- Automated trading
- Yes, MT4 Expert Advisors
- Copy trading
- Yes, multi-account/copy functionality
- Indicators
- 30+ built-in MT4 indicators plus custom indicators
- Third-party tools
- MetaTrader 4, VPS
- API access
- Yes, institutional/partner connectivity
MetaTrader 4 remains the most widely supported platform for expert advisors. If you rely on an existing EA, this is usually the deciding factor.
Regulation and safety
- Regulated by
- Anguilla company registration; international brokerage operated by Notesco Int Limited
- Regulator tier
- Tier 3
- Register entry
- Anguilla Commercial Registry
- Client money segregated
- Yes
- Held at
- Regulated banking institutions
- Negative balance protection
- Yes
- Compensation scheme
- No statutory investor compensation scheme
- Audited by
- Independent external auditors
- Not available to
- United States, Iran, Cuba, Sudan, Syria, North Korea and other jurisdictions where services are prohibited or restricted
A licence is what puts a broker on this list at all; everything after it decides the position.
FXCess lists its regulation as Anguilla company registration; international brokerage operated by Notesco Int Limited.
Accounts
- Minimum deposit
- $10
- Account types
- Classic, ECN, STP/ECN, Zero Spread, Swap-Free, Demo
- Account currencies
- USD, EUR, GBP
- Islamic account
- Yes
- Demo account
- Yes
- Professional account
- Yes, ECN/high-volume configuration
- Minimum trade size
- 0.01 lots
- Time to open
- Typically a few minutes
Deposits and withdrawals
- Deposit methods
- Visa, Mastercard, bank wire, e-wallets and regional payment methods
- Withdrawal methods
- Original funding method for deposited capital; bank wire for profits
- Deposit time
- Instant for most electronic methods; bank transfers typically 2-5 business days
- Withdrawal time
- Typically processed within 24 hours; bank settlement may take 2-5 business days
- Minimum withdrawal
- $10
- Local payment methods
- Country-specific online banking and regional payment providers
Support and education
- Support hours
- 24/5
- Contact channels
- Live chat, email, support ticket
- Languages
- Multilingual
- Telephone
- N/A
- support@fxcess.com
- Live chat response
- Typically under 2 minutes
- Education
- Moderate: trading articles, platform guidance, educational resources and trading guides
- Research
- Market news, economic analysis, trading tools and market commentary
The company behind the brand
- Legal entity
- Notesco Int Limited
- Company number
- A000001800
- Headquarters
- The Valley, Anguilla
- Founded
- 2018
- Publicly listed
- No
- Parent company
- Notesco Group
- Employees
- 100+
- Also trades as
- FXCess
Questions people ask about FXCess
What would move FXCess up or down this list?
FXCess' weakest category is education, at 42 out of a hundred, so that is where a change would move it fastest. A licence gained or lost moves a broker further than anything else, because regulation carries the most weight.