The safety dossier

Safety first

FXCess review

Who regulates FXCess, under which licence, and what that means for your money.

Last checked

If FXCess failed, we cannot tell you what would happen to your money, and that is the finding. There is no compensation scheme behind an account here and limited obligation on the firm to keep your funds apart from its own. Regulated by Anguilla company registration; international brokerage operated by Notesco Int Limited, offering MetaTrader 4, FXCess WebTrader.

Our rating

★★★½

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.

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

The licence is what decides where your money sits and who is obliged to do something about it.

FXCess lists its regulation as Anguilla company registration; international brokerage operated by Notesco Int Limited.

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

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 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.

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.

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.

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.

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
Email
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

Questions people ask about FXCess

What happens to my money if FXCess goes bust?

FXCess sits behind No statutory investor compensation scheme. A scheme covers eligible clients of the entity that holds the licence, so the entity you were onboarded to decides whether it covers you.

Is my money kept separate from FXCess' own?

Yes. FXCess holds client money in accounts kept apart from the firm's own. Segregation is what stops a broker's creditors reaching your balance if the firm fails, which is why it matters more than any headline spread. We do not hold the name of the bank it uses.

Can I lose more than I deposit with FXCess?

FXCess provides negative balance protection, so a gap through your stop should not leave you owing money. It is usually a rule of the regulator rather than a favour from the broker, which means it can differ between the entities one brand operates.