Wikilix
FCX logo

FCX

Regulated
International
,
Since 1995
Last Updated:

Trading Conditions

Min Deposit:
N/A
Max Leverage:
500
Account Types
RegularVIPProfessional

User Reviews

—
Total Reviews
—
This Month
—
Avg Rating

Funding Methods

5 methods

Bank Wire Transfer

bank transfer
2 days
Fee:
Free
Fee:
Free

Mastercard

credit card
Instant
Fee:
Free
Fee:
Free

Visa

credit card
Instant
Fee:
Free
Fee:
Free

Neteller

e wallet
Instant
Fee:
Free
Fee:
Free

Bitcoin

crypto
Instant
Fee:
Free
Fee:
Free

Performance Metrics

Excellent Performance
Performance chart: 1: Regulation 4%, 2: License 0%, 3: Software 50%, 4: Spread 0%, 5: Account Type 24%, 6: Symbol 0%
Regulation
4%Poor
License
0%Poor
Software
50%Fair
Spread
0%Poor
Account Type
24%Poor
Symbol
0%Poor

Company Information

Full Name:FCX
Founded:1995
Headquarters:N/A
Enterprise Offices:N/A

Customer Support

Phone:
—
Live Chat:
business_hours
Response Time:
—
Languages:
English
Scroll Down
Editorial review
Updated

Broker Summary

What Wikilix has recorded about FCX: its history, the licences it holds, its trading conditions and its fees.

Introduction and Overview

FCX is one such trading broker which has received attention because of its service in the financial industry. Although information about FCX is not available in detail in the public domain, an insight into the framework and requirements from such a broker could be rather informative.

FCX deals in the financial services sector and provides trade solutions that appeal to a range of traders. Be it a beginner trader or an experienced investor, trade solutions and the standards of operation of the broker play an important role in deciding on a trade partner.

Background and History

FCX is incorporated in the United Kingdom. It provides over 80 financial instruments: Forex, commodities, indices, cryptocurrencies, stocks, and ETFs. However, it lacks regulation.

The knowledge of origin and evolution of a broker is significant to determine its authenticity and sustainability in the long run. For a prospective client of FCX, communication with the company or official records may be required to uncover more information about its origin and evolution.

Important Features and Offerings

Although details about what exactly the products and services that FCX offer are hard to come by, what firms of this type are supposed to offer are a number of trading products such as forex, commodities, and indices, and potentially cryptocurrencies as well. They also are likely to offer trading platforms that make trading more efficient.

Besides market access, other benefits the brokers may provide include training material and customer support. In this case, potential clients of FCX should inquire about these factors to ensure the company meets their trading requirements.

A review of literature revealed definitions of extent

Regulation is an essential component when it comes to trust and security in the financial services arena. However, very limited information exists regarding the regulations or the licensing that FCX adheres to or possesses. As a matter of fact, the lack of information regarding the matter means that the potential trader must exercise due caution.

“Regulatory supervision will normally provide for the observance by brokers of stringent requirements pertaining to the protection of client funds and other matters.” Without proper regulatory credentials, the risk profile for trading on the FCX may increase.

Navigant

Limited information available

Trading Conditions and Platform Technology

The trading terms, spread, leverage, and minimum deposits are important factors affecting the trader’s choice. Unfortunately, specific information regarding the trading terms at FCX cannot be obtained currently.

Likewise, the technology used by the online trading platform, whether it is custom or using solutions such as the MetaTrader platform, is also kept hidden. Features of the platforms, including speed of order execution, also play important roles.

Trading Condition Details

Spreads Limited information available

Leverage Limited information available

Minimum Deposit Limited data available

Platform Technology Limited information available

Fee Structure

•

A clear fee structure is crucial for traders to understand and manage their fees effectively. The fees can be spread over commissions, spreads, fees for deposits/withdrawals, and inactivity fees. In FCX’s case, it is not transparent about its fee details, making it a bit tricky to outline all the fee aspects.

Trading individuals who are interested in FCX can obtain a fee schedule from the broker to clarify any hidden fees associated with trading on FCX.

Fee Type Information

Deposit Fees Information very limited

Withdrawal Fees Limited information available

Commission Limited information available

Other Fees Limited Information Available

User Experience and Market Reputation

Market reputation and trading experience are also influenced by client reviews and recognition from the industry. In the absence of concrete information about FCX, it is hard to make a judgment about the reputation of the trading broker among traders.

Potential clients may also consider making inquiries from people who use the service or reading reviews to get an understanding of the service delivery associated with FCX.

Conclusion

FCX claims to be a trading broker operating under the financial services industry, although minimal publicly accessible data makes it difficult to assess its services and reputation. All prospective clients are advised to exercise caution when dealing with the services offered by FCX, conducting a thorough investigation if possible.

In the quickly moving and, at times, complex realm of trading, the attributes of transparency and regulatory compliance rank high. Until more detailed information is available regarding FCX, the advisability of being cautious and seeking the services of brokers with established credentials and consumer feedback is recommended.

Regulation check

Regulatory Licenses

No tier-1 or tier-2 licence is in force. The regulation FCX holds is lighter, and each licence's record says what its regulator requires.

0 of 1 checked
Licences on record
1
Confirmed on register
0
Tier 1 or 2
0
Offshore
0

WIKILIX

Licence intelligence

The only licence on file

Licence Verification Record

Financial Crimes Enforcement Network 31000287847634

Recorded from the firm's own disclosure. Not yet checked against the register.

Jurisdiction
United States
Authority strength
N/A for broker licensing
Licence type
Financial Service
Not yet checked on the register

Client protection under this licence

  • No complaints route
  • Maximum leverageVaries by firm / local rules

These are the rules FinCEN sets for the firms it licenses. They are not a statement about how FCX applies them, or about which of its companies would hold your account.

A licence record describes what an authority published. It is not an endorsement, and Wikilix does not issue authorisations.

Trading accounts
Updated

Account Types

3 account types on record. Leverage up to 1:500.

3 account types
AccountMin DepositLeverageCommission
RegularStandardNot recorded1:500Not specified
VIPNot recordedNot recordedNot recorded
ProfessionalVIPNot recordedNot recordedNot recorded
Account names and conditions as published by FCX, recorded by Wikilix.
Deposits & withdrawals

Funding Methods

5 ways to fund an account. 4 credit instantly.

5 methods
MethodDeposit feeWithdrawal feeMin depositWithdrawal min / maxProcessing
Bank Wire TransferBank TransferBank fees may apply.Not recordedNot recordedNot recordedNot recordedNot recorded2 days
MastercardCredit CardNot recordedNot recordedNot recordedNot recordedNot recordedInstant
VisaCredit CardNot recordedNot recordedNot recordedNot recordedNot recordedInstant
NetellerE-WalletNot recordedNot recordedNot recordedNot recordedNot recordedInstant
BitcoinCryptocurrencyNot recordedNot recordedNot recordedNot recordedNot recordedInstant
Fees, limits and processing times as published by FCX, recorded by Wikilix.
Trading software

Trading Platforms

One trading platform on record: MetaTrader 4.

1 platform
  • MetaTrader 4 logo

    MetaTrader 4

    by MetaQuotes Software Corp.since 2005Developer site

    MetaTrader 4 (MT4) is a popular trading platform for Forex and CFDs, offering advanced charting, automated trading via Expert Advisors, and fast, reliable execution.

    Runs on

    • Windows
    • Mac
    • Web
    • Android
    • iOS
    Details
Platforms and download links as published by the broker, recorded by Wikilix.
Frequently Asked Questions

Frequently Asked Questions

Common questions about FCX

Most Popular Questions
FCX provides customer support via live chat during business hours and email support at support@fcxtrade.com. Support is available in English, and the broker's contact address is located in London, UK.
FCX offers leverage up to 500:1, but the exact leverage available varies depending on the firm and local regulations. This means traders should check specific leverage limits applicable to their jurisdiction.
FCX supports several deposit methods including bank wire transfer, Mastercard, Visa, Neteller, and Bitcoin. Deposits via credit cards and e-wallets are processed instantly, while bank wire transfers may take a few days. Withdrawal fees and minimum amounts are not specified.
FCX offers the MetaTrader 4 platform, which is available on desktop, web, iOS, and Android devices.
FCX is registered with the Financial Crimes Enforcement Network (FinCEN) in the United States, which is an onshore regulator focused on anti-money laundering. It operates under US AML registry and MSB registration requirements but does not hold a traditional broker license.
Still Need Help?

Can't find what you're looking for?

Our support team is here to help you get the answers you need.

Comments

Share your thoughts and experiences with FCX