According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
- $100
- MetaTrader4
- FSA
- FSC
Our Evaluation of Fxcess
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
Fxcess is a reliable broker with the TU Overall Score of 7.12 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by Fxcess clients on our website, Traders Union expert Anton Kharitonov believes he can recommend this company as the majority of reviews showed that the broker’s clients are mostly satisfied with the company.
Fxcess offers a variety of trading instruments and account types suitable for both beginner and experienced traders. Although regulatory oversight is limited, the broker strives to provide a reliable and convenient trading experience.
Brief Look at Fxcess
Fxcess is the trade name of Notesco Ltd., registered in Bermuda. The broker offers four account types, including Standard, ECN, Premium, and VIP. The minimum deposit to open a Standard account is $10. Fxcess supports the MetaTrader 4 (MT4) trading platform, popular among traders for its extensive set of analytical tools and technical indicators. Fxcess is registered and regulated by the Financial Services Authority Seychelles (FSA) and the Financial Services Commission (FSC) of the British Virgin Islands.
We've identified your country as
US
We have thoroughly analyzed all companies legally providing trading services in your country and created a ranking of the best ones. Our analysis highlights companies that offer optimal working conditions, uphold a strong reputation, and consistently receive the highest number of positive reviews from traders on our website.
Explore the 5 top-rated companies in
US :
- The company offers a variety of trading instruments, including Forex currencies, metals, futures, commodities, stocks, and indices.
- Competitive spreads, starting from 0 pips on the ECN account.
- High leverage of up to 1:500.
- Support for MetaTrader 4 (MT4) platform, available for desktop, web-based, and mobile devices.
- Provision of educational resources, including, webinars, video tutorials, and trading guides.
- Multilingual customer support, that is available 24/5.
- Fxcess is regulated by the Financial Services Authority Seychelles (FSA).
- High minimum deposits for the Premium and VIP accounts.
- Limited regulatory oversight compared to brokers in major financial centers.
TU Expert Advice
Author, Financial Expert at Traders Union
Fxcess offers a wide range of trading instruments, including Forex, metals, futures, commodities, stocks, and indices. The broker provides multiple account types including Standard, ECN, Premium, and VIP, accommodating both novice and experienced traders. Fxcess utilizes the MetaTrader 4 platform for trading, ensuring enhanced analysis capabilities and mobile accessibility. Competitive spreads start at 0 pips for the ECN account, and leverage is up to 1:500. The platform also provides educational resources and multilingual 24/5 client support, fostering a well-rounded trading environment.
However, Fxcess does have some drawbacks, including higher minimum deposits for Premium and VIP accounts and limited regulatory oversight compared to major financial markets. The lack of Tier-1 regulation may concern cautious investors. Despite the drawbacks, Fxcess could suit traders who value high leverage and competitive spreads, but may not be ideal for those prioritizing stringent regulatory oversight and comprehensive investor protection. Overall, Fxcess offers varied opportunities but requires careful consideration of its regulatory status by potential users.
Fxcess Trading Conditions
Your capital is at risk. 79.43% of retail investor accounts lose money when trading CFDs with this provider. Fxcess Ltd and its affiliates do not target EU/EEA/UK clients. It is the user's responsibility to ensure that any use of the website or services adhere to local laws or regulations. Please be aware that you are able to receive investment services at your own exclusive initiative only, ensuring you fully understand all the risks involved.
| 💻 Trading platform: | MetaTrader 4 (MT4) |
|---|---|
| 📊 Accounts: | Standard, Premium, VIP, ECN |
| 💰 Account currency: | USD, EUR, GBP, and others |
| 💵 Deposit / Withdrawal: | Bank transfers, credit/debit cards, Skrill, Neteller |
| 🚀 Minimum deposit: | $100 for Standard |
| ⚖️ Leverage: | Up to 1:500 |
| 💼 PAMM-accounts: | Yes |
| 📈️ Min Order: | 0.01 lots |
| 💱 EUR/USD spread: | 0,08 pips |
| 🔧 Instruments: | Forex, metals, futures, commodities, stocks, and indices |
| 💹 Margin Call / Stop Out: | Margin call at 80%, stop out at 50% |
| 🏛 Liquidity provider: | No |
| 📱 Mobile trading: | Yes, via MT4 mobile app |
| ➕ Affiliate program: | Yes |
| 📋 Order execution: | Market |
| ⭐ Trading features: | Competitive spreads, high leverage, free VPS hosting, multiple account types, extensive educational resources |
| 🎁 Contests and bonuses: | Occasional promotions and bonuses |
Fxcess provides a reliable trading environment with varied instruments and competitive trading conditions. The broker supports the MT4 trading platform, which is available for desktop, web, and mobile devices, ensuring flexibility for traders everywhere.
Fxcess Key Parameters Evaluation
Share your experience
- Best
- Last
- Oldest
Jan Nacht 
DE Falkenstein I guess everyone has seen what happened between Israel and Iran. I’m focused on trading gold, this asset moves much more volatile than even BTC. Just keep an eye on gold, identify key support and resistance levels. It’s a perfect time for trading intraday strategies. In addition, fxcess provides narrow spreads even in these situations.
Probably, I’m not the only one who mentions it, but the absence of the MT5 is a big downfall of this broker. They need to add it as soon as possible!
Anton Heinz
DE Dresden Siimple dashboard, no delays on withdrawals, multiple deposit options.
The tutorials or guides for new traders need some improvements
Hector Pigache
FR it has fast order execution, fair spreads, and resposive customer support.
Yhere's limited educational content for more experienced users.
bambucoss
Turkey
Trading Account Opening
To log in to the Fxcess website, enter a username and password to create an active live account, which can be created online by following these simple steps:
Choose the account type that best suits your investment goals and strategies and click the button to open it.
Enter your details in the on-screen form. Also, set a password for your first login to the live account. The password must be changed every three months. The final step is to upload documents that verify your identity and residential address.
Regulation and safety
Fxcess has a safety score of 6/10, which corresponds to a Medium security level. The safest brokers are those with Tier-1 regulation, a long history (over 10 years in the market), and participation in investor compensation schemes.
- Is regulated
- Negative balance protection
- Not tier-1 regulated
- Track record of less than 8 years
Fxcess Regulators and Investor Protection
| Abbreviation | Full Name | Country of regulation | Investor Protection Fund | Regulation Level |
|---|---|---|---|---|
 BVI FSC |
British Virgin Islands Financial Services Commission | British Virgin Islands | No specific fund | Tier-2 |
 FSA (Seychelles) |
Financial Services Authority of Seychelles | Seychelles | No specific fund | Tier-3 |
Fxcess Security Factors
| Foundation date | - |
| Negative balance protection | Yes |
| Verification (KYC) | Yes |
Commissions and fees
The trading and non-trading commissions of broker Fxcess have been analyzed and rated as Low with a fees score of 8/10. Additionally, these commissions were compared with those of the top two competitors, Pepperstone and OANDA, to provide the most comprehensive information.
- Low Forex trading fees
- Tight EUR/USD market spread
- No inactivity fee
- No deposit fee
- No withdrawal fee
- Complex fee structure
Trading Fees and Spread
Below, we evaluated and compared the trading commissions of Fxcess with those of two competitors. We focused on the spreads and other transaction fees directly associated with executing trades (e.g commission per lot on an ECN account). This comparison aimed to provide a clear understanding of the cost efficiency of each broker.
Standard Account Spread
For Standard accounts, Fxcess’s commissions are part of the floating spread, which varies with market conditions. Typical values are provided, but during high volatility, the spread may exceed these.
Fxcess Standard spreads
| Fxcess | Pepperstone | OANDA | |
| EUR/USD min, pips | 1,7 | 0,5 | 0,1 |
| EUR/USD max, pips | 1,7 | 1,5 | 0,5 |
| GPB/USD min, pips | 1,7 | 0,4 | 0,1 |
| GPB/USD max, pips | 1,9 | 1,4 | 0,5 |
RAW/ECN Account Commission And Spread
The spread on ECN/RAW accounts is market-based and fluctuates, with average values given during active hours. It may vary during volatility spikes. A commission per lot is also charged.
Fxcess RAW/ECN spreads
| Fxcess | Pepperstone | OANDA | |
| Commission ($ per lot) | 2,25 | 3 | 3,5 |
| EUR/USD avg spread | 0,08 | 0,1 | 0,15 |
| GBP/USD avg spread | 0,235 | 0,15 | 0,2 |
Non-Trading Fees
We conducted a detailed analysis of the non-trading fees associated with Fxcess. This review offers a comprehensive overview of the additional costs that may impact traders beyond regular trading activities.
Fxcess Non-Trading Fees
| Fxcess | Pepperstone | OANDA | |
| Deposit fee, % | 0 | 0 | 0 |
| Withdrawal fee, % | 0 | 0 | 0 |
| Withdrawal fee, USD | 0 | 0 | 0-15 |
| Inactivity fee ($, per month) | 0 | 0 | 0 |
Account types
Each Fxcess account type is designed for trading specific asset classes. Clients can have multiple types of accounts.
Account types:
Deposit and withdrawal
Fxcess received a Medium score for the efficiency and convenience of its deposit and withdrawal processes.
Fxcess provides a reasonable range of deposit and withdrawal options with moderate fees, in line with industry standards.
- Bank card deposits and withdrawals
- Bank wire transfers available
- USDT (Tether) supported
- BTC available as a base account currency
- Wise not supported
- PayPal not supported
- Limited deposit and withdrawal flexibility, leading to higher costs
What are Fxcess deposit and withdrawal options?
Fxcess provides a basic range of deposit and withdrawal options, covering essential methods in line with industry standards. This set of options is sufficient for most traders, with available methods Bank Card, Bank Wire, BTC, USDT, Ethereum.
Fxcess Deposit and Withdrawal Methods vs Competitors
| Fxcess | Plus500 | Pepperstone | |
| Bank Wire | Yes | Yes | Yes |
| Bank card | Yes | Yes | Yes |
| PayPal | No | Yes | Yes |
| Wise | No | No | No |
| BTC | Yes | No | No |
What are Fxcess base account currencies?
A wide range of base account currencies minimizes the need for currency conversion, potentially reducing transaction costs for clients worldwide. Fxcess supports the following base account currencies:
What are Fxcess's minimum deposit and withdrawal amounts?
The minimum deposit on Fxcess is $10, while the minimum withdrawal amount is $100. These minimums may vary depending on the chosen account type and payment method. For specific details, please contact Fxcess’s support team.
Markets and tradable assets
Fxcess offers a limited selection of trading assets compared to the market average. The platform supports 300 assets in total, including 80 Forex pairs.
- 80 supported currency pairs
- Indices trading
- Commodity futures are available
- Limited asset selection
- Crypto trading not available
Supported markets vs top competitors
We have compared the range of assets and markets supported by Fxcess with its competitors, making it easier for you to find the perfect fit.
| Fxcess | Plus500 | Pepperstone | |
| Currency pairs | 80 | 60 | 90 |
| Total tradable assets | 300 | 2800 | 1200 |
| Stocks | Yes | Yes | Yes |
| Commodity futures | Yes | Yes | Yes |
| Crypto | No | Yes | Yes |
| Stock indices | Yes | Yes | Yes |
| Options | No | Yes | No |
Investment options
We also explored the trading assets and products Fxcess offers for beginner traders and investors who prefer not to engage in active trading.
| Fxcess | Plus500 | Pepperstone | |
| Bonds | No | No | No |
| ETFs | No | Yes | Yes |
| Copy trading | No | No | Yes |
| PAMM investing | Yes | No | Yes |
| Managed accounts | No | No | No |
Customer support
The company assists its clients and answers their questions 24/5. Support is not available on national holidays.
Advantages
- Support is available in several languages, including English, Spanish, and French
- The company offers a call center
Disadvantages
- Online support is available on a limited basis
- The company office can be visited by appointment only
To get help from the Fxcess manager, you can use the following contact channels:
-
Hotline
-
Email
-
Feedback form
-
Office address
Fxcess assists not only its clients but also traders without active accounts.
Contacts
| Registration address | The Valley, AI2640, MAICO Building, Cosely Drive, 1338, Anguilla |
|---|---|
| Regulation | FSA, FSC |
| Official site | https://www.fxcess.com |
| Contacts |
Education
Clients can access information about trading conditions, explore various trading concepts, and stay updated on market trends and the latest topics.
Comparison of Fxcess with other Brokers
| Fxcess | Eightcap | XM Group | RoboForex | FxPro | NPBFX | |
| Trading platform |
MetaTrader4 | MT4, MT5, TradingView | MT4, MT5, MobileTrading, XM App | MT4, MT5, R MobileTrader, R StocksTrader, R WebTrader | MT4, MobileTrading, MT5, cTrader, FxPro Edge | MT4 |
| Min deposit | $100 | $100 | $5 | $10 | $100 | $10 |
| Leverage |
From 1:1 to 1:500 |
From 1:30 to 1:500 |
From 1:1 to 1:30 |
From 1:1 to 1:2000 |
From 1:1 to 1:500 |
From 1:200 to 1:1000 |
| Trust management | No | No | No | No | No | No |
| Accrual of % on the balance | No | No | No | 10.00% | No | No |
| Spread | From 0 points | From 0 points | From 0.8 points | From 0 points | From 0 points | From 0.4 points |
| Level of margin call / stop out |
80% / 50% | 80% / 50% | 100% / 50% | 60% / 40% | 25% / 20% | No / 30% |
| Order Execution | Market Execution | Market Execution | Market Execution | Market Execution, Instant Execution | Market Execution | Instant Execution, Market Execution |
| No deposit bonus | No | No | No | No | No | No |
| Cent accounts | No | No | No | Yes | No | No |
Detailed Review of Fxcess
Fxcess offers its clients a variety of tools and resources for market analysis, investment decision-making, and portfolio monitoring. With electronic trading platforms, analytical reports, newsfeeds, and analysis tools, investors can choose the best strategies according to their financial goals, acceptable risks, and trading preferences. Fxcess is part of a reliable holding company that ensures secure long-term investments.
Fxcess’ trading platforms
-
MetaTrader 4 (MT4). An online trading platform widely used by both novice and professional traders.
-
PMAM. Personal Multi Account Manager (PMAM) allows traders to trade and manage multiple accounts simultaneously. PMAM is a money management solution with advanced tools designed for asset managers and professional traders.
-
Fxcess Mobile App. Lets you manage your account on the go seamlessly.
Fxcess by the numbers:
-
More than 300 available financial instruments.
-
Over 10 years as a financial intermediary.
-
Multilingual customer support is available 24/5.
-
Four live account types to meet the needs of various traders.
-
Minimum deposit of $100 for a Standard account.
-
Spreads from 1.7 pips for a Standard account and from 0 pips for an ECN account.
-
Leverage is up to 1:500.
Fxcess' analytical services:
-
Fxcess offers over 50 currency pairs with competitive spreads and high leverage.
-
Spot metals, stocks, futures, indices, and commodities trading. Clients can diversify their portfolios by trading various asset classes.
-
Reliable MetaTrader 4 trading platform. Available for desktop, web, and mobile devices, providing flexibility and convenience for traders.
-
Educational materials and regular analytical reports. Fxcess provides a wide range of educational resources, including webinars, video tutorials, and trading guides to help traders improve their skills and knowledge.
Promotions and bonuses:
-
Up to $5,000 in the IBs rewards program.
-
Deposit bonuses are up to $5,000.
-
Loss bonuses are up to $4,000.
Advantages:
Passive income through partnership programs. Fxcess offers generous rewards for partners who attract new clients.
Trading platforms for PCs and mobile devices on Android and iOS. Traders can manage their accounts and trade anytime, anywhere.
Numerous analytical data and market reports. Fxcess regularly publishes reports on securities and derivatives markets, morning market reviews, and expert recommendations.
Free withdrawals through ATS. Clients can withdraw funds without fees through the Automatic Transfer System (ATS).
No mandatory minimum commissions for Cash Balance and Credit Balance accounts. Fxcess offers favorable conditions for various account types, ensuring flexibility and convenience for clients.
Articles that may help you
Check out our reviews of other companies as well
User Satisfaction i