Fxcess Reviews

Can be a good choice

The usability of the Classic account is questionable for me as a seasoned trader ECN tho is a perfect combination of tightest spreads and low commissions So it s def an account for more advanced trading strategies that involve high frequency trading for example

Several reasons that influenced my choice

I read on their website that you can open an account with FXCess in two steps and truly it was like that I decided to join this platform for other reasons which are not important at this moment but if you insist a friend of mine is trading with this broker and he recommended it to me Never mind I liked how simple and straightforward its onboarding procedure was I was a bit hesitant since this was my first time opening a real trading account but it was easier than I thought

Self-study

Came to this broker after reading a comprehensive review from one guy His review was like a well-written article filled objective poitns I checked the broker and realized what he wrote is almost correct Fxcess is well regulated firm that has a broad spectrum of trading instruments There are two account types that can be good both for scalpers and long-term traders Also the broker has a mobile app from which it is possible to manage account up to x1000 leverage is smth hard not to appreciate this point author got a bit wrong he mentioned max 1 500 Anyway broker is good and reliable

FXCESS is ma boy

Their market range is satisfactory they have everything except one asset class - cryptocurrencies Still I don t see this as a disadvantage since I personally don t trade them and second I think it is best to trade cryptos with crypto exchange platforms If you are into traditional markets FXCess can be a solid choice for a broker

Classic

I had several reasons that influenced my decision to open trading account with FxcessThe first reason is of course reliability of this broker Or rather reputation that this company has Broker is popular enough to have reputation in trader communityThe second reason is trading conditions Fxcess has several options for trading conditions and I was able to make a choice that now benefits meAnd the third reason is tools It s crucial for me and my trading strategy to have access to some special tools

Trading currency pairs is what I like

I decided that to improve profitability of my trading I need to gain more knowledge about trading I started with my broker Fxcess had a pretty informative and useful blog

This is my first broker and the

FXCESS is ma boy I went for ECN account and know no troubles at all I guess if you go for Classic one then perhaps you don t have any troubles too but for me as for scalper paying 4 5 per round-turn is more favorable spreads sometimes are way broader Additionally everything s spiced with appealing leverage size and mellow requirements for min dep just 10 I suppose everyone is able to scrape together in pockets 10 It s advised to deposit more ofc but I should take into account different financial capabilities Btw I trade fx and shares it s cool to catch tasty deals

Keep away from fxcess

As soon as I signed up for this company I decided to choose a classic trading account because I understood that ECN is suitable for experienced traders I like that spreads start from 1 7 pips and I don t need to pay commissions for opening and closing trades positions There is also a high leverage up to 1 1000 available but I m still green and not going to abuse it during trading