Broker Details
Minimum Trade Size: | 0.01 |
---|
Maximum Leverage: | 1000:1 |
---|
Minimum Deposit: | $1 |
---|
Established: | 2006 |
---|---|
Address: | Suite 305, Griffith Corporate Center, P.O. Box 1510, Beachmont, Kingstown, Saint Vincent And Grenadines |
Customer Service: | support@fxclearing.com |
Regional offices: | |
Regulations: | |
Prohibited countries: |
Trading platforms: | MT4, MobileTrader (MobileApp) |
---|---|
Mobile Trading: | ✅ Yes |
ECN: | ✅ Yes |
Trading Instruments |
|
Currencies: | (30+) |
Cryptocurrencies: | (4) Bitcoin, Litecoin, Ethereum |
CFD: | (3) Gold, Silver, Stock Indexes, Other Commodities |
Trading Conditions |
|
EAs/Robots: | ✅ Yes |
---|---|
News Spike Trading: | ✅ Yes |
Scalping: | ✅ Yes |
Managed Accounts & Social Trading |
|
ZuluTrade: | ✅ Yes |
Deposit Methods: | Bank Wire (Bank Transfer), FasaPay, Local Bank Deposits, Local Bank Transfers, PerfectMoney |
---|
Withdrawal Methods: | Bank Wire (Bank Transfer), FasaPay, Local Bank Deposits, Local Bank Transfers, PerfectMoney |
---|
Video
Your company video here? Contact ad sales
Traders Reviews
My money just wasted.
Service use: Live
Length of use: 0-3 Months
UNFORGETTABLE EXPERIENCE
Service use: Live
Length of use: 3-6 Months
great mentorship
Frequently Asked Questions
What is FXClearing?
FXClearing is an online forex broker founded in 2006. FXClearing offers following assets to be traded on MetaTrader 4.
- Forex
- Indices
- Metals
- Crypto
- Commodities
Is FXCLearing regulated?
FXCLearing is not regulated with any government or non government authority.
In other words, there is no designated government or non-government body to supervise the activities of FXCLearing or to resolve complaints.
What is the minimum deposit amount for FXCLearing?
The minimum deposit amount goes as small as $1 in FXCLearing.
What is the maximum leverage for FXCLearing?
The maximum leverage in FXCLearing is 1000:1 for Cent account and 500:1 for the rest of accounts.
Does FXCLearing accept US clients?
FXCLearing doesn't accept citizens of following countries to open trading accounts with them.
- United States
- Japan
- Vanuatu
- Canada
- UN sanctioned countries
FXCL hold my pending order until 10 minutes and execute it with 52 pips slippage! crazy!
Yesterday, February 14th, 2018 in news release USDCAD for Core CPI m/m report, I open pending order position in FXCL ECN Plus account.
I found that in my ECN Account Plus, FXCL holds my pending order for almost 10 minutes and execute it with 52.2 pips slippage!!
in a normal situation, I should get profit trade at least 50 pips. if calculated by 1.88 lot, the profit that I will get from this trade is 500 points x 1.88 lot = 940 USD! but in reality I loss 32.72 USD!
I opened Pending Order (SELLS TOP and BUY STOP) 1 minute before news release USDCAD last night. but somehow after the news released and price going up for almost 50 pips, my BUY STOP is not opened. then after 10 minutes, FXCL hold my Pending Order, FXCL executed my PO at price with 52.2 pips slippage!
then I contacted their customer support via email at support@fxclearing.com and get this reply:
"Dear xxxxx,
Our investigation showed that within a short period of time, a large number of new clients from Malaysia who are using identical trading strategy came to our company. Their strategy is to set a great number of pending orders during the major news releases. During the news release these order block each other thus form a queue. Our liquidity provider executes such orders at a current price available at a moment a queue comes in. We recommend to take these circumstances into consideration when choosing a trading stategy.
Kind regards,
Neville Ford
Account Manager
FXCL Markets Ltd."
The funny thing is they blame traders because trade with news.
From this incident, I 100% sure that FXCL is a dealing broker. their ECN account is just another fake ECN.