Fxcess Reviews

Summary: I’ve traded only with expert advisors there. All conditions for that to be honest. Idk how other strategies would work, but how I traded, was a great experience from all sides!!

Positive: Trading conditions and infrastructure. Nice ECN account with a good commission and execution. Metatrade4, outdated in interface, but still relevant in terms of customization and community support. Trading processes were organised without delays. It’s always a positive for any broker.

Negative: I think the platform would be a problem. If you’re not familiar with mt4 or don’t like it, you’re done! And the small one is a little bit annoying with card verification with all these photos and information to fill in…

Summary: The broker did its job on a decent level. Execution, payments, support of course, everything was what I wanted in my trading. The same I can say for asset selection, the most popular cfd market, didn’t need anything else.

Positive: Support service that is really supportive. I mean it’s not just robots that give the same answers like I can find in FAQ section, but professionals who can answer trading related questions and handle challenging situations.
Another pro, how straightforward the platform is. I didn’t get stuck in the labyrinths, connecting to my mt4 terminal right away.

Negative: Not best spreads on standard account and maybe lack of other non-MT platforms too.

Summary: Even though it's a simple platform, for forex trading it's a great fit. The range of currencies is standard, the leverage is amazing which allows me to scale the position to max when a high-probability setup occurs. This high leverage paid off many times for me. I was able to grow a relatively small account of $200 to $1000 in two weeks but trading only forex

Positive: The market range is okay and the leverage of 1000x is a big plus for forex traders who want more flexibility

Negative: The payment methods available are just too basic and not flexible

Summary: If you are into forex trading, there is nothing that you would miss here to trade successfully. Excellent trading terms, very good trading platform with fast execution and even a bonus available if you are fan of bonuses. I used a bones and with that help managed to grow my acc much faster

Positive: The client portal is very handy and well-designed. From one place you can manage everything about your account

Negative: It has limitations like only M,T but this is not necessarily a con

Summary: The platform does its job, and does it pretty well. But don’t expect too much. Let me give you an example, the payment methods are just a few, but if your preference is included, expect a flawless withdrawal procedure.

Positive: Fast onboarding, reliable payment system and pretty solid trading terms. For forex trading - it’s great

Negative: Has only two account type and only one trading app - mt4

Summary: I’m in the state of trying the broker out before fully depositing the amount I desire to trade. I deposited a small amount for now, and ngl, they are solid. I mean I saw their trading conditions on the website, but sometimes the reality doesn’t match. However, fxcess stands by their promises, which is a trait of reliable brokers. I also did a withdrawal with a small sum again, it went smoothly to my credit card.

Positive: I noticed that the fees are stable. I’m trading on an ecn account by the way, which obviously have a better execution on mt4 platform compared to the standard account, but also has superior conditions. Spreads are starting from 0 pips, rarely go above 0.5, whereas commissions are fixed at $4.5 per lot round turn.

Negative: The broker is pretty average in terms of the features. Nothing too fancy, just a broker who does the job done for trading.

Summary: Felt myself comfortable with the platform and their trading conditions. Currently shift my focus to 1 min forex trading based on rsi and price action patterns (thanks trading central) It works and so far it works, my cooperation with fxcess too.

Positive: Commission on ecn account, only $4.5, lower than I saw on other platforms. In addition to that, integrating trading central was definitely a worthy idea. My TA, in which all my trading is basically based on, improved much.

Negative: More payment methods should be included. Wouldn’t be against having free vps, with my deposit. Like vip perks and smth just like this.

Summary: I have several trading accounts and vary them depending on the market conditions. Usually I trade using two accounts at the same time through the pmam platform, which really makes trading easier for those who don't have tons of monitors.

Positive: The trading conditions are consistently good. Spreads don’t change every other second to many pips, usually they stay the same throughout the sessions.

Negative: Everything is great for me, even withdrawals are processed instantly.

Summary: I started to trade on a demo here. First of all , with demo I can understand how orders are executed, what the conditions are, how spreads affect costs and etc. And my verdict is that it is really good.

Positive: Well,the feature of futures trading is a great addition here. Apart from conventional trading instruments, this is smth the broker stands out with.
The mt4 is really fast too, I mean order execution

Negative: Overall , I am happy with almost all here, however, I think adding newer trading platforms that have better and more modern design will be a great plus for the broker

Summary: I enjoy account selection, you have2:
-classic
-ecn
Classic is the one with spreads, ecn is commissions. Both of them are good, but if your priority is no commission trading, then you can go with classic and upgrade it later to have even lower spreads, you can see those at the table.

Positive: there are a lot of interesting features, like trading central which will supply you with technical analysis and insights for better trading.

Negative: overall design of services and especially members area looks a bit outdated to be honest, I think they can make it better.

Summary: The platform they use is the legendary MT4, but still, the execution depends on the broker. Fxcess has ecn accounts that make those executions hasty.

Positive: I’m mostly scalping my trades, and execution plays a big part of it. Before I used to face requotes and huge slippages with other brokers, so I’m glad I found fxcess. The orders didn’t get rejected once.

Negative: Hmm, I didn't face any big cons to be fair. Everything was smooth.

Summary: I started keeping a trading journal where I write all my emotions, entries, exits and mistakes. It’s cheaper than therapy. xD And probably more honest, I’m not lying to myself, when I want to do something silly again, I just open a journal and read what happened last time.

Positive: The broker is real and they live up to their name, the platfrom is easy to use, customer service was fast in assisting when I had issues and pricing model on spread are fair enough, they’re not the best in market, but the fact that they’re not widening without reasons it’s good.

Negative: There aren’t enough advanced tools on mt4, I’d like to see their proprietary mobile app or something like that, maybe even interaction with tradingview.

Summary: It can be a solid choice if you prefer simple kind of platform. Mt4 is a proven trading app so expect flawless trading experience, of course if you like this app

Positive: Mt4 runs well, the market range is okay, trading conditions are pretty much standard, great offer for deposit bonus

Negative: It lacks a bit of versatility… and support with market insights and signals

Summary: Good experience for daily trade, although if you hold positions long-term, the price for swaps starts to catch up with you eventually. Week-long positions, especially large-size, I dont enjoy performing here. Not sure where they would be suitable.

Positive: huge amount of indicators, including custom-built ones, that I downloaded. Some of them significantly increased my market perceptions.
Amount of features and software complexity far exceeds Bloomberg Terminal, in my view.

Negative: It's maybe too complex for some people, especially the backtesting/ea part. I used AI to help me learn it, seems to work well enough. There is no education coming from Fxcess itself though, at least not to the level required.

Summary: I used to love trading the news, but i guess that thing is over. First spreads gets wider second expect slippages. And the thing is that with all the brokers is the same. For other strategies, fxcess works pretty good

Positive: The trading app works well, the range is decent, the account option offered are enough. The best thing is the deposit bonus

Negative: When forex news are released the spreads are getting crazy wide