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It has been verified that this broker currently has no valid regulatory, please be aware of the risk!
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Fctrading presents itself as an American broker that provides its clients with supreme trading platforms and a wide-variety trading assets. It also claims that it offers up to 200:1 leverage and a choice of seven account types.
There are seven trading accounts offered by Fctrading, namely Basic, Bronze, Silver, Gold, Platinum, Diamond and Black. The minimum initial deposit to start a Basic account is $250, while the other six accounts require much higher initial capital, $5,001, $15,001, $50,001, $150,001, $500,001, and $1000,000 respectively.
In terms of trading leverage, the maximum level offered by Fctrading is up to 200:1. Keep in mind that leverage can magnify gains as well as losses, inexperienced traders are not advised to use too high leverage.
Spreads & Commissions
According to the information on the website, we found the spreads on MT5 were more than a constant 0 pips. Unluckily, we have no way to confirm if it is true because there is nothing specific about spreads and commissions concerned directly on Fctradings website.
Trading Platform Available
When it comes to trading platforms available,Fctrading gives traders a choice of MetaTrader5. MT5 is very popular among traders and it is equipped with intuitive software and many amazing tools. You can set customized signals or subscribe to those set by other traders and etc.
Deposit & Withdrawal
You can deposit via Credit/Debit cards like Visa, MasterCard and Game Changes, bank transfer and Bitcoin. It is very important to note that the broker imposes a inactivity fee after three months of inactivity-10% of the amount of money in the account.
Fctradings customer support can be reached through telephone: +441618181333, email: firstname.lastname@example.org.
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Given the complexity of forex industry, some brokers are issued legal licenses by cheating regulation institutes. If the data published by WikiFX are not in accordance with the fact, please click 'Complaints 'and 'Correction' to inform us. We will check immediately and release the results.
Foreign exchange, precious metals and over-the-counter (OTC) contracts are leveraged products, which have high risks and may lead to losses of your investment principal. Please invest rationally.
Special Note, the content of the Wikifx site is for information purposes only and should not be construed as investment advice. The Forex broker is chosen by the client. The client understands and takes into account all risks arising with Forex trading is not relevant with WikiFX, the client should bear full responsibility for their consequences.