Fxcess Reviews

Summary: Despite the fact that I have to pay a trading commission it is totally worth it. I have calculated all the costs and it’s much more expensive for me to trade on the Classic account but with more loose spreads. Just because Fxcess’ ECN spreads are very very narrow.

You also can do it yourself.

Positive: ECN account since I get the tightest spreads for my scalping trading strategy.

MT4 as it was my first platform and I just got used to it very much.

Negative: The broker needs to introduce more assets for its traders.

Summary: I intentionally looked for the broker that could provide me with the fastest execution of orders possible.
It’s not just a whim. I really need this for my custom trading strategy.
Plus I had an experience with the brokers that not only placed my orders for seconds, but also I had a ton of slippages.
But here everything is smooth, and it’s the best thing to have. On top of that I get to enjoy the narrow spreads as well.

Positive: The primary positive about the broker is the account types. Also I want to mention the attentiveness of the client support.

Negative: Maybe the lack of trading education. That would be nice to see.

Summary: Regarding my experience, I can say everything is pretty good here. I’m focused on trading in the stock market. Luckily, Fxcess offers a wide range of shares for trading.

Positive: I was using high leverage for a long period of time during all my trading journey but couldn’t understand why every time I was losing my money. Then I read their article “How Excessive Leverage Can Lead to Significant Losses in Forex?” in the blog section, and ya know what?! It literally blew my mind, the way they explained all the nuances of using high leverage changed my mind by 180 degrees. Now I started trading with more tight risk management and I don’t lose profits anymore.

Negative: Yeah, their blog section is good but it seems they could improve something in their educational content. For example, they can add video lessons or start holding online webinars every week. I’m pretty sure it will add points to their reputation.

Summary: Yeah, I'm not going to lie. I was disappointed by the lack of MetaTrader 5. Nonetheless, their bonuses are among the most generous I’ve ever seen in brokerage firms. Thanks to this, my trading start was successful.

Positive: They offer only two trading accounts but this is exactly what everyone needs. Both are perfect, anyway, I opened a classic account. It doesn’t charge commissions for trading, spreads are fair enough, not wide and not tight. I’ve been trading on the forex for over 8 months now and so far so good. Not gonna lie, their lavish bonuses helped me a lot when I was at the beginning of my trading career.

Negative: Fxcess is a BIG broker and I can’t understand why they can’t afford to offer the MetaTrader 5 plugin. I mean it’s a shame for them. They should create their proprietary trading platform or add the MT5, if they don’t want to lose their authority in the industry.

Summary: In general, it's a pretty solid trading service and platform for making some side-hustle trades. Normal…

Positive: Their customer support is indeed prompt and never fails to answer or solve any of my questions.

Negative: A little bit of a lack of educational and analytical resources

Summary: After trading here for quite a while, I shaped a particular vision of this company.

It strives to develop and supply contemporary trading conditions of sole quality.

Positive: + Hustle-free onboarding process I think;
+ The biggest kit of trading assets I've ever seen, actually;

Negative: - No alternatives to metatrader;
- A bit small chocie of payment methods;