Score
The Virgin Islands | 5-10 years |https://www.fxcess.com/
Website
Rating Index
Influence
C
Influence Index NO.1
France 3.33 
Forex License No forex trading license found. Please be aware of the risks.
The Virgin Islands 
WikiFX Field Survey: This section presents on-site verification conducted to help confirm the authenticity of the broker's publicly available information. Based on a standardized review process, the WikiFX field survey team investigates the broker's office environment, team size, and actual business operations, helping investors better understand the broker's operating status and assess trading safety more intuitively.
United KingdomWikiFX Field Survey: This section presents on-site verification conducted to help confirm the authenticity of the broker's publicly available information. Based on a standardized review process, the WikiFX field survey team investigates the broker's office environment, team size, and actual business operations, helping investors better understand the broker's operating status and assess trading safety more intuitively.
United KingdomThis section presents the core trading conditions for each account type offered by this broker, including trading environment, maximum leverage, minimum deposit, minimum trade size, spreads, commissions, deposit and withdrawal methods, account currency, EA support, and available trading instruments. It helps users quickly compare account requirements, trading costs, and product coverage, so they can decide whether a specific account type fits their trading needs before opening an account.
Properly licensed MetaTrader brokers provide robust systems and continuous support, backed by mature operations, advanced technology, and strong risk controls.
This section presents the broker's verified website information, including official websites across different countries and regions, visitor location distribution, and related IP information. Users can use this section to identify the broker's official channels and regional websites, avoid unofficial or impersonation websites, and reduce access and trading risks.
fxcess.com United States | Fxcess Review Summary | |
| Registered Country/Region | United Kingdom |
| Regulation | BMA(exceeded) |
| Market Instruments | Forex, precious metals, indicies, commodities etc. |
| Demo Account | Available |
| Leverage | Up to 1:1000 |
| EUR/USD Spreads | 0.5 pips |
| Minimum Deposit | $10 |
| Trading Platforms | PMAM, Metatrader 4 |
| Customer Support | Phone, email, social media, 24/5 live chat, contact form |
Fxcess, is a financial trading platform headquartered in the United Kingdom. It operates under the regulation of FCA, though there are suspicions regarding the authenticity of its FCA license. The platform provides its users a wide range of market instruments to trade, including currency pairs, precious metals, indicies, and commodities. New users can familiarize themselves with the platform through its available demo account. Fxcess offers a leverage of up to 1:1000, with EUR/USD spreads at 0.5 pips. They have multiple trading platforms for users to choose from, including MT4, and PMAM. For any assistance, customers can reach out to their support team via phone, email, 24/5 live chat, contact form or social media (Twitter, Instagram, Facebook).
| Pros | Cons |
| • 300+ trading instruments | • Exceeded regulation by BMA |
| • Profound professional support | • Restricted access in certain countries |
| • Demo account | |
| • Instant Execution |
Fxcess is regulated by the Bermuda Monetary Authority under license number 51491, with a common business registration and an exceeded status.
| Regulatory Information | Details |
| Regulatory Agency | Bermuda Monetary Authority |
| Current Status | Exceeded |
| License Type | Common Business Registration |
| Regulated By | Bermuda |
| License No. | 51491 |
Fxcess boasts a comprehensive and diverse array of market instruments, catering to the varied needs of its global clientele. From traditional forex trading to innovative cryptocurrency CFDs, the platform provides multiple avenues for potential investment. Here are some examples of the instruments available:
The Forex segment at Fxcess features traditional instruments for this market. With Forex trading, investors can exchange currency pairs such as EUR/USD and GBP/USD towards what they believe could be more potentially profitable.
Precious metals, notably gold, have consistently been viewed as reliable assets during market crises and periods of high volatility. Investors could trade gold and sliver through CFDs in long and short positions.
Instruments in this category allow traders to engage with indices from leading stock exchanges. The pricing of these instruments is set in the local currency of each specific index such as UK 100, Wall Street, Germany 30.
This segment comprises trading on Brent Crude, Coffee, Sugar, and many others.
Fxcess provides investors with access to 50 futures including US500, USOil, NATGas, Coffee. Investors could explore the trading opportunities futures provide and create sustainable strategies for their portfolio.
Fxcess not only offers demo accounts for prospective traders to familiarize themselves with the platform but also provides an extensive range of benefits when one opts to open an online trading account. Investors can choose between the Classic account offers zero commissions, with competitive spreads and the ECN account offers low to zero spreads with a minor commission fee.
| Account Type | Classic | ECN |
| Spreads | Variable from 1.7 pips | Variable from 0 pips |
| Commission | No commission | $2.25 per lot per side |
| Trade Size | From 0.01 lots | From 0.01 lots |
| Bonuses | Available | Not mentioned |
| Round-turn Fee | Not mentioned | $4.5 per lot round-turn |
| Risk Warning | All trading involves risk; possible to lose all capital. | All trading involves risk; possible to lose all capital. |
Fxcess provides traders with the ability to maximize their trading potential through the use of leverage. Leverage is a powerful tool that allows traders to open positions much larger than their initial deposit. By offering leverage as high as 1:1000 for classic accounts and 1:500 for ECN accounts, Fxcess enables its clients to amplify their exposure to the market and potentially achieve higher returns on their investments. However, it's important to note that while leverage can magnify profits, it can also amplify losses, making it essential for traders to use this tool judiciously and understand the risks involved.
Fxcess structures its commissions based on the specific trading accounts, making them variable depending on the chosen currency pairs and other assets. For classic accounts, there is no commission variable spreads from 0.5 pips. For ECN accounts, the commissions is $4.5 per lot rount-turn with spreads from 0 pips.
Fxcess offers two versatile trading platforms:
MetaTrader 4 (MT4): Renowned for stability and automated trading using Expert Advisors, with extensive charting and analysis tools.
PMAM: The PMAM platform offers clients an intuitive money management solution with advanced tools for optimum execution. It is one of the most flexible and advanced platforms within the industry. Suitable for both professional traders and money managers.
Choose the platform that suits your trading style and access a wide range of assets with competitive spreads, all in a secure trading environment.
Fxcess provides its users with a diverse array of deposit and withdrawal methods, catering to the varied preferences of its global clientele.
Investors can trade 24 hours a day, starting at 00:00 Monday and closing at 24:00 Friday (server time). Please note that the server time is GMT + 2 (GMT + 3applies during daylight saving/summertime).
Customers can visit their office or get in touch with customer service line using the information provided below:
Telephone: +44 (0)203282 7777
Email: support@fxcess.com
24/5 live chat: Customers can access live chat via their official website
Contact Form:
Moreover, clients could get in touch with this broker through the social media, such as Twitter, Facebook, and Instagram.
| Q 1: | What bonuses are available under Fxcess? |
| A 1: | Credit bonus, up to $5,000; Power bonus, up to $4,000; Sharing Bonus, unlimited. |
| Q 2: | Why did my order stop-out? |
| A 2: | Your order will be stop-out when the margin level (Equity/Used Margin) of your trading account goes below 20%. |
| Q 3: | Does Fxcess offer demo accounts? |
| A 3: | Yes. |
| Q 4: | What is the lowest volume I can trade? |
| A 4: | 0.01 lots. |
| Q 5: | At Fxcess, are there any regional restrictions for traders? |
| A 5: | Yes. Fxcess does not offer its services to residents of certain jurisdictions such as USA, Iran, Cuba, Sudan, Syria and North Korea. |
Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.
Is withdrawing funds from Fxcess a herculean task for forex traders like you? Does it delete profits using manipulative practices? Does your Fxcess forex trading account balance turn to ZERO upon withdrawal request? Or Has your account been blocked when you sought withdrawals from it? These complaints have become extreme under Fxcess Review online. In this article, we have shared a few complaints. Take a look!
Verify mobile phone no. to get a $15 USD trading bonus and get another $10 USD for verifying the email address
Based on the latest data, FXCESS is not regulated by any recognised financial authority, has a low core safety score of 1.74, and there are user complaints regarding fund withdrawals and account blocking. Therefore, its safety and reliability are questionable.
No, FXCESS is not regulated. Its regulatory status is listed as 'Not Regulated' and no valid license details are available.
The minimum deposit for FXCESS is $10, as stated for both ECN and Classic account types.
FXCESS supports MT4 via a white label solution. There is no indication of MT5 support.
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Mr. Rolex
Portugal
It is highly concerning and completely unacceptable that they have scammed me by deleting my profits, blocking my account, and ignoring my attempts to contact them. It is clear that this broker is nothing but a scam, and I would strongly advise anyone considering using their services to stay far away. They have shown a complete disregard for their client's financial well-being and have engaged in fraudulent practices that are illegal and highly unethical. Overall, I would give this broker a very negative review. They engaged in fraudulent practices, blocked my account without explanation, and ignored my attempts to contact them. It is unacceptable, and they have shown a complete lack of professionalism and ethics.
FX5628077252
Italy
Presented as a reliable broker, it turned out to be the worst scam of my life. I started with them in April 2024 with an investment of 2k and then relied on an automatic bot by investing 5k (they made me lose everything in 6 days, claiming it was a coincidence). In July 2024, I returned and invested 27k, earning 42K in two months (all provable from my account). In August 2024, when I started requesting the first withdrawals, I began to notice a long wait, so much so that I had to urge the account manager to unlock the operation (on that occasion, I was already warned that the broker could reserve the right to block my account for excessive profits, something I never knew). Just a few days, specifically on September 13th, I found dozens of signals with very high leverage and on currencies that I have never traded, causing me a loss of 42k. NON-EXISTENT SUPPORT AND RESPONSIBILITY PLACED ON THE CLIENT. DISGUSTING.
AnanChaiyapong
Thailand
I gotta say that blog needs more regular update, as the articles are limited. However, from what they have already, there are some good readings like how to set a tp or sl properly. I like the advice with levels of support or resistance, the problem is for me now I cant really find the proper levels...
Neutral
Xinmail
Japan
This trader has way too many trading tools, which meet all my trading needs. But I'm really worried because its regulatory license seems to be cloned. I'm still hesitating whether to choose this trader or not.
Neutral
Gonzalo Alvarado
Mexico
The platform is fast and stable, and I didn’t encounter any problems with execution. However, I’m into scalping and checked out the ECN account, only to find out that their commission is $4.5 per lot round-turn. TBH it is a bit high compared to other brokers out there.
Neutral