FXCC – what we know and have as facts about it; FXCC is a trading name of FX Central Clearing Ltd, which is authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC) with CIF license number 121/10. In addition, FX Central Clearing Ltd is regulated by the VFSC under license number 14576. These licenses allow it to conduct various financial services, including receiving, transmitting, and executing customer orders.
In the Best Interest Policy document, we found that for the purposes of orders for the financial instrument of CFDs, FXCC will act as an agent. This means that ITRADER acts as a Straight Through Provider (STP) broker. It does not trade against its customers’ positions and only earns money from the spread provided and commissions. Therefore, there is no conflict of interest between the parties.
We also found that there are some posts in forums about poor customer support, withdrawal issues, delayed withdrawals, slow order execution during higher volatility and greater latency during major economic events.
So far, we have not received any complaints from customers of FXCC. If you have any criticism to share with us or feel annoyed by FXCC, please fill in the form below, detailing your case. Once we have made your case public, we may attempt to mediate between you and FXCC if you wish.