FXCC fees, after the safety questions
Cost is the last thing to weigh when the question is whether your money is safe, so this page comes after the regulation page and reads in that light.
Regulation: MISA (BFX202408); CySEC (121/10) through EU entity; VFSC registration/licensing also disclosed for Central Clearing Ltd. How FXCC is regulated
Facts last checked . Read the full FXCC review.
What it costs to trade
- Spread from
- 0.0 pips
- EUR/USD spread
- Approx. 0.2 pips
- GBP/USD spread
- Approx. 0.5 pips
- Commission
- $0, ECN XL
- All-in cost, EUR/USD
- Approx. 0.2 pips
- Spread type
- Variable
- Overnight swap
- Both: ECN XL advertised with zero swaps; swaps can apply under other account/configuration conditions
- Deposit fee
- None internally
- Withdrawal fee
- Method-dependent; card withdrawals free, bank-wire/other method fees may apply
- Currency conversion
- Conversion at applicable exchange rate
What this means
Cost is the last thing to weigh here, and never the thing that should decide it.
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.
FXCC lists a minimum deposit of $0. 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.
Questions about FXCC fees
Does FXCC charge to deposit or withdraw?
Deposit fees at FXCC: None internally. Withdrawal fees: Method-dependent; card withdrawals free, bank-wire/other method fees may apply.
What does FXCC charge to hold a position overnight?
Overnight financing at FXCC is recorded as both: ECN XL advertised with zero swaps; swaps can apply under other account/configuration conditions.
What is the EUR/USD spread at FXCC?
FXCC records an average EUR/USD spread of approx. 0.2 pips on a variable pricing model.
Fees at brokers under the same regulator
- MultiBank Group fees also licensed by CySEC
- Octa fees also licensed by MISA (Comoros)
- IC Markets fees also licensed by CySEC
- Eightcap fees also licensed by CySEC
- XM fees also licensed by CySEC