Traders Union has analyzed financial markets for over 14 years, evaluating brokers based on 250+ transparent criteria, including security, regulation, and trading conditions. Our expert team of over 50 professionals regularly updates a Watch List of 500+ brokers to provide users with data-driven insights. While our research is based on objective data, we recommend that users perform independent due diligence and consult official regulatory sources before making any financial decisions.
Learn more about our methodology and editorial policies.
Fxcess Pros & Cons
- The company offers a variety of trading instruments.
- Competitive spreads, starting from 0 pips.
- High leverage of up to 1:1000.
- Support for MetaTrader 4 (MT4) platform.
- Provision of educational resources.
- Multilingual customer support, that is available 24/5.
- High minimum deposits for the Premium and VIP accounts.
- Limited regulatory oversight compared to brokers in major financial centers.
Fxcess is the trade name of Notesco Ltd., registered in Anguilla. The broker offers four account types, including Classic, ECN, Premium, and VIP. The minimum deposit to open a Classic account is $10. Fxcess supports the MetaTrader 4 (MT4) trading platform, popular among traders for its extensive set of analytical tools and technical indicators.
TU Expert Verdict
Fxcess demonstrates moderate stability and can suit certain traders. Its conditions are acceptable, and feedback is mixed but reasonable. In my own tests, it performed adequately, though it lacks the consistency of higher-rated companies.
Top-5 Brokers Traders Prefer
Fxcess User Reviews
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5-star
56%
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4-star
34%
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3-star
10%
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2-star
0%
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1-star
1%
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Commissions and Fees
Score:We evaluate brokers' fees and spreads by assessing the costs associated with Standard and ECN/Raw spread accounts, including commissions and spreads. Additionally, our evaluation considers extra fees such as deposit/withdrawal charges and inactivity fees. Learn the assessment criteria8 /10The trading and non-trading commissions of Fxcess have been analyzed and rated as having Low fees, with a fees score of 8/10. Additionally, these commissions were compared with those of the top two competitors, OANDA and FOREX.com, 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 OANDA FOREX.com EUR/USD min, pips 1.7 0.1 0.7 EUR/USD max, pips 1.7 0.5 1.2 GPB/USD min, pips 1.7 0.1 0.9 GPB/USD max, pips 1.9 0.5 1.4 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 OANDA FOREX.com Commission ($ per lot) The commission is the fee charged by the broker for trading one standard forex lot (100,000 units of the base currency). 2.25 3.5 5 EUR/USD avg spread 0.08 0.15 0.2 GBP/USD avg spread 0.235 0.2 0.4 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 OANDA FOREX.com Deposit fee, % The indicated amount does not include possible fees from payment systems and banks. 0 0 0 Withdrawal fee, % The indicated amount does not include possible fees from payment systems and banks. 0 0 0 Withdrawal fee, USD The indicated amount does not include possible fees from payment systems and banks. 0 0-15 0 Inactivity fee ($, per month) 0 0 15 -
Is Fxcess Safe?
Score:We evaluate brokers' safety based on several key criteria. The highest value is placed on regulation, especially Tier 1 regulation, which ensures adherence to stringent standards set by top financial authorities like the FCA in the UK, CFTC in the US, CySEc and BaFin (EU) or ASIC (Australia). High scores are also given for participation in investor protection funds, which safeguard clients' funds in case of broker insolvency. Learn the assessment criteria1.5 /10Fxcess has a safety score of 1.5/10, which corresponds to a Low 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.
- Negative balance protection
- Not tier-1 regulated
Fxcess Security Factors Foundation date - Negative balance protection YesVerification (KYC) YesFxcess is Not a Regulated Broker
Attention! It's your choice to work with regulated or unregulated brokers, but please consider the risks carefully. Unregulated brokers might offer lower fees and flexible trading options, but they lack investor protection, have a higher fraud risk, and no guarantee of withdrawals. Thoroughly research before deciding.
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Account Types
Score:We evaluate a broker’s account offering by analyzing the range and suitability of available account types and how effectively they cater to different trader profiles and strategies. Our assessment covers the diversity of account options — including Standard, ECN/Raw, Cent, Swap-Free (Islamic), and VIP accounts — as well as the flexibility of trading conditions provided. Learn the assessment criteria.5 /10Fxcess offers the following account options: Demo, Standard, ECN/Raw spread.
However, it does not provide a Cent account, which can be a disadvantage for beginners looking to practice with minimal risk.
- Low minimum deposit
- Demo account
- Tight spread ECN account
- No Cent account
- No Swap Free account
Fxcess account types vs top competitors Fxcess Trading.com Plus500 Standard YesYesYesECN/Raw spread YesNoNoDemo YesYesYesCent NoNoNoMicro NoNoNoSwap Free NoNoNoVIP NoNoNoManaged NoNoNoFxcess accounts trading conditions
Each Fxcess account type is designed for trading specific asset classes. Clients can have multiple types of accounts.
Account types:
Account Type Description Classic This account type offers spreads starting from 1.7 pips with a minimum deposit of $10. It is suitable for beginner traders. Premium This account offers better conditions compared to the Classic account. VIP Provides more favorable conditions for experienced traders. ECN Features ultra-low spreads starting from 0 pips but carries with it a commission of $4.50 per side per lot. -
Deposit and Withdrawal
Score:This section assesses the efficiency, speed, and affordability of brokers’ transaction processes, focusing on available methods, currencies, and fees. For further details, please refer to our data-focused methodology6.3 /10Fxcess 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.
- No withdrawal fee
- Low minimum withdrawal requirement
- USDT (Tether) supported
- Bank card deposits and withdrawals
- Limited deposit and withdrawal flexibility, leading to higher costs
- Wise not supported
- PayPal not supported
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 Trading.com Plus500 Bank Wire YesYesYesBank card YesYesYesPayPal NoNoYesWise NoNoNoBTC YesNoNoWhat are Fxcess base account currencies?
A wide range of base account currencies minimizes the need for currency conversion, potentially reducing transaction costs. Fxcess supports the following base account currencies: USD, EUR, GBP, JPY.
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.
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Markets and Tradable Assets
Score:The evaluation in this section is based on the TU methodology and reflects the total number and variety of tradable assets offered by the broker, including Forex currency pairs. It also considers the availability of passive income tools such as PAMM accounts, copy trading, and similar services. All information is obtained from publicly available sources and may change. Learn the assessment criteria6.5 /10Fxcess offers a limited selection of trading assets compared to the market average. The platform supports 300 assets in total, including 80 Forex pairs.
- Indices trading
- Commodity futures are available
- 80 supported currency pairs
- Crypto trading not available
- Limited asset selection
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 Trading.com Plus500 Currency pairs 80 69 60 Total tradable assets The total tradable assets listed include all available instruments, including CFDs. Due to regional restrictions, certain CFDs may not be offered in some countries. For example, cryptocurrency CFDs are banned in the UK, and the U.S. has restrictions on CFDs. 300 69 2800 Stocks YesNoYesCommodity futures YesNoYesCrypto Cryptocurrency CFDs are restricted or prohibited in certain regions due to regulatory limitations. These include the United Kingdom, China, Egypt, the United States and Canada. NoNoYesStock indices YesNoYesOptions NoNoYesInvestment 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 Trading.com Plus500 Bonds NoNoNoETFs NoNoYesCopy trading NoNoNoPAMM investing YesNoNoManaged accounts NoNoNo -
Trading Account Opening
Score:We evaluated Trading Account Opening at Fxcess by testing the registration process under real conditions, including opening an account and funding it with the minimum required deposit (but no less than $100). Our assessment considered whether onboarding was fully online, the average registration time, the speed of KYC verification, and how quickly traders could activate their accounts. Learn the assessment criteria.10 /10We successfully registered an account with Fxcess in 8 minutes. The KYC verification was completed within 1 business day. The minimum deposit amount at Fxcess is $10. This is one of the most accessible and hassle-free onboarding procedures on the market.
- Fast registration time (up to 15 minutes)
- Fully online account opening process
- Low minimum deposit requirement
- Account setup process may feel less convenient for beginners
Fxcess account opening Fxcess Trading.com Plus500 Online Registration YesYesYesMinimum deposit $10 $50 $100 Mandatory KYC YesYesYesRegistration time (min) 8 20 KYC time (days) 1 2 3 Is Fxcess available in my country?
If you are a citizen of United States, the broker accepts clients from your country.
Please note that availability may vary due to regulatory requirements, so we recommend confirming directly with the broker for the most accurate and up-to-date information.
Account opening details
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.
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Trading platforms & tools
Score:This section evaluates the quality and variety of trading platforms offered by the broker. It considers supported platforms, core features, device compatibility, and the availability of tools for automation, analysis, and different trading styles. Learn the assessment criteria5.6 /10Fxcess received a score of 5.6/10, reflecting an average offering in terms of trading platforms and tools. The broker covers essential functionality but may fall short in some advanced features or platform diversity compared to leading competitors.
- One-click trading
- Trading bots (EAs) allowed
- Free VPS for uninterrupted trading
- MetaTrader is available
- Strategy (EA) Builder is not available
- No access to API
- No TradingView integration
Supported trading platforms
Fxcess supports the following trading platforms: MT4. This selection covers the basic needs of most retail traders. We also compared Fxcess’s platform availability with that of top competitors to assess its relative market position.
Fxcess Trading.com Plus500 MT4 YesNoNoMT5 NoYesNocTrader NoNoNoTradingView NoYesYesProprietary platform NoYesYesNinjaTrader NoNoNoWebTrader NoYesYesKey Fxcess’s trading platform features
We also evaluated whether Fxcess offers essential trading features that enhance user experience, accommodate various trading styles, and improve overall functionality.
Supported features 2FA YesAlerts YesTrading bots (EAs) YesOne-click trading YesScalping YesSupported indicators 30 Tradable assets 300 Additional trading tools
Fxcess offers several additional features designed to enhance the trading experience. These tools provide greater automation, deliver advanced market insights, and help improve trade execution.
Fxcess trading tools vs competitors Fxcess Trading.com Plus500 Trading Central Trading Central is a leading provider of investment research and financial market commentary. Integration with Trading Central offers traders advanced analytics, trading signals, and expert market insights, aiding in more informed decision-making. NoYesNoAPI NoNoNoFree VPS YesNoNoStrategy (EA) builder A Strategy or EA builder is a tool that allows traders to create and test their own automated trading strategies without requiring programming skills. NoNoNoAutochartist Autochartist is a market scanning tool that identifies trading opportunities by analyzing chart patterns and key price levels. NoNoNo -
Mobile Apps
Score:This section assesses the quality and functionality of the broker’s mobile trading apps. It takes into account app ratings, number of downloads, platform features such as two-factor authentication (2FA), mobile alerts, and technical indicators, ensuring traders can manage positions and monitor markets effectively from their smartphones. Learn the assessment criteria6 /10Fxcess supports mobile trading, offering dedicated apps for both iOS and Android. Fxcess received a score of 6/10 in this section, indicating a generally acceptable mobile trading experience.
- Strong Android user ratings, currently at 4.6/5
- Mobile alerts supported
- Indicators supported
- Weak user feedback on iOS
We compared Fxcess with two top competitors by mobile downloads, app ratings, 2FA support, indicators, and trading alerts.
Fxcess Trading.com Plus500 Total downloads The parameter reflects the combined number of installations from both the Apple App Store and Google Play. It serves as an approximate indicator of the broker’s mobile trading app popularity and user adoption across platforms. 10,000,000 50,000 10,000,000 App Store score App store scores reflect the average user ratings of the broker’s mobile applications on the Apple App Store and Google Play. These ratings indicate user satisfaction based on criteria such as usability, stability, performance, and overall experience. 4.8 4.7 Google Play score 4.6 4.7 4.4 Mob. 2FA YesYesYesMob. Indicators YesYesYesMob. Alerts YesYesYes -
Customer Support
Score:We evaluated Customer Support at Fxcess by opening a real account funded with the minimum required deposit (no less than $100) and contacting support to measure response time under real conditions. Our assessment considered contact channels, response speed, multilingual support, and availability hours. Learn the assessment criteria8.9 /10Fxcess demonstrates a high level of customer support. Assistance is available through multiple channels, and most requests are handled quickly.
During TU testing, managers responded promptly, communication was clear and structured, and support continued until the issue was fully resolved. Overall, Fxcess shows reliable service and active engagement with clients.
InformationThe company assists its clients and answers their questions 24/5. Support is not available on national holidays.
- Support is available in several languages, including English, Spanish, and French
- The company offers a call center
- 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
- 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 Official site https://www.fxcess.com Contacts support@fxcess.com
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FAQs
How does Fxcess’s regulation status affect the safety of client funds?
Fxcess is described as not being a regulated broker and has a safety score of 1.5/10, which corresponds to a low security level in the review. The section notes that unregulated brokers may involve higher risks such as weaker investor protection, higher fraud risk, and no guarantee of withdrawals, and it highlights that Fxcess does provide negative balance protection and requires KYC verification while its foundation date is not specified.
What fees and trading costs does Fxcess apply to forex trading?
Fxcess receives a fees score of 8/10, with low forex trading fees, tight EUR/USD spreads, and no inactivity, deposit, or withdrawal fees reported in the review. For Standard accounts, EUR/USD spreads are listed at 1.7 pips, while RAW/ECN accounts show an average EUR/USD spread of 0.08 pips plus a $2.25 commission per lot, and these values may change with market conditions.
What do Fxcess user reviews and feedback scores indicate about overall client satisfaction?
Fxcess has a user satisfaction score of 8.9/10 based on 124 reviews, with 56% of users giving 5-star ratings and 34% giving 4-star ratings. According to user reviews, this distribution suggests mostly positive experiences, with a smaller share of 3-star ratings and no reported 1- or 2-star ratings in the provided data.
What do user reviews and comments say about the Fxcess mobile trading apps?
The mobile apps section rates Fxcess 6/10, noting strong Android user ratings of 4.6/5 and weaker user feedback on iOS. The review states that Fxcess supports indicators, mobile alerts, and 2FA on mobile, with total downloads reported at 10,000,000, but it does not provide detailed qualitative comments from users.
How is Fxcess customer support structured and what feedback-related details are provided?
Fxcess customer support is rated 8.9/10, with assistance available 24/5 via hotline, email, feedback form, and by visiting the office by appointment, and support is not available on national holidays. The review notes that managers responded promptly and clearly during testing, support is offered in several languages including English, Spanish, and French, while online support is available on a limited basis.
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