Which FXCC entity serves UAE residents
FXCC has not confirmed to BrokerBazaar whether it accepts UAE residents, and it lists no UAE-licensed entity. Availability should be treated as unconfirmed until the broker states it in writing.
Status on BrokerBazaar UAE: Availability not confirmed. "Available" is not the same as "regulated in the UAE": only a Capital Market Authority (CMA, formerly SCA), DFSA or FSRA licence gives you local supervision and a local complaints route.
Funding in AED and local payment methods
FXCC has not stated AED account denomination or UAE local bank transfer on its BrokerBazaar submission. Deposit methods listed: Credit Card, Debit Card (Visa / Mastercard), Bank Wire Transfer, Neteller, Skrill, Cryptocurrencies (BTC, USDT, ETH), UnionPay. Expect USD-denominated accounts and a card or bank FX conversion fee unless the broker confirms AED wallets.
Withdrawal methods listed: Bank Wire Transfer, Credit / Debit Card, Neteller, Skrill, Cryptocurrencies. UAE banks may query incoming payments from offshore brokers; keep your deposit records.
Islamic (swap-free) account for UAE traders
FXCC states that a swap-free account is available. Confirm which instruments are eligible and whether an administration charge replaces the overnight swap.
UAE-specific risk note
Because FXCC has no UAE licence on record, the CMA cannot intervene in a dispute. Your recourse is with the foreign regulator of the onboarding entity (CySEC are strict-tier). The CMA periodically publishes warnings about unlicensed platforms marketing to UAE residents; check its list before depositing.
Leveraged CFD trading carries a high risk of loss. Nothing on this page is personal financial advice.
FXCC at a glance
Founded in 2010, FXCC is an international retail forex and CFD brokerage operating under the trade names of FX Central Clearing Ltd (CySEC Licence No. 121/10) and Central Clearing Ltd (Mwali/Comoros MISA Licence No. BFX2024085 / VFSC No. 14576). Known for its pure STP/ECN execution model, FXCC provides commission-free trading on its flagship ECN XL account across forex, indices, energies, precious metals, and cryptocurrencies via MetaTrader 4 (MT4).
FXCC reports a founding year of 2010 and a head office in Limassol, Cyprus. It lists 5 regulators and 4 trading platforms.
BrokerBazaar verdict
FXCC (FX Central Clearing Ltd / Central Clearing Ltd) is an established retail ECN broker founded in 2010. Regulated in Europe by CySEC and internationally via MISA and VFSC, it distinguishes itself with its zero-commission ECN XL model and pure STP execution on MT4. Counterparty risk is moderate, with EU traders backed by statutory ICF compensation, while international accounts operate under offshore regulatory structures.
Legal entities, regulation and licences
FXCC operates through 4 legal entities, each supervised separately. Your account is with one specific entity, so the protections you receive depend on which one onboards you, not on the group's strongest licence. Overall, the group is supervised by at least one strict-tier regulator.
Licence check: Not independently checked. This broker has submitted its details. BrokerBazaar has not yet independently checked them. A company registration or general business licence is not permission to offer regulated brokerage services; only the register entries linked in the table count.
Countries accepted and restricted
FXCC states that it accepts clients from International availability across Europe, Asia, Africa, and Latin America (Excluding United States, Canada, Japan, North Korea, Iran, and sanctioned jurisdictions). Availability is decided per entity and can change without notice; residents of jurisdictions such as the USA, and often the EU and UK, are frequently excluded from offshore entities.
Trading products, platforms and account types
Instruments: Forex CFDs (70+ currency pairs), Index CFDs, Commodity CFDs (Gold, Silver, Crude Oil, Natural Gas), Cryptocurrency CFDs. Platforms: MetaTrader 4 (MT4), MT4 WebTrader, MT4 Mobile (iOS / Android), MT4 Webtrader MT5 Webtrader. Account types: ECN XL Account, ECN Promo Account, Islamic Swap-Free Account, Demo Account.
Best-for tags assigned by our team: ECN Broker, Zero Commission, MT4 Trading, Expert Advisors, Raw Spreads, No Deposit Minimum, Scalping, High Leverage.
Minimum deposit, spreads, commissions and other charges
The minimum deposit is $0 ($0 / $1 baseline minimum deposit across ECN XL accounts; zero fees on internal account funding). Spreads start from 0.0 pips and commission is None (standard) · $0 (raw). Maximum leverage is 1:1000 (dynamic), subject to the cap of the entity that holds your account.
Swap-free / Islamic account: available (yes). Swap type: variable. Headline spreads are usually quoted for the most expensive account tier's cheapest instrument; compare total cost for your typical trade.
Deposits and withdrawals
Deposit methods: Credit Card, Debit Card (Visa / Mastercard), Bank Wire Transfer, Neteller, Skrill, Cryptocurrencies (BTC, USDT, ETH), UnionPay. Withdrawal methods: Bank Wire Transfer, Credit / Debit Card, Neteller, Skrill, Cryptocurrencies.
Withdrawal speed and fees are set by the entity and payment provider. Withdrawal delays are the most common complaint category on BrokerBazaar across all brokers; keep identity documents current and withdraw to the same method you deposited with where required by anti-money-laundering rules.
Execution model, negative balance protection and client money
Negative balance protection: Yes. Scalping allowed: Not specified. Algorithmic trading allowed: Not specified. News trading allowed: Not specified. Hedging: hedging.
Client-money rules follow the regulator of the entity that holds your account: CySEC: Segregated under MiFID II client-asset rules. Compensation: ICF — up to €20,000 per client. VFSC: Segregation expected under licence conditions. Compensation: No central compensation scheme.
Complaints and dispute process
Formal complaints: complaints@fxcc.com. Phone: +357 25 870 750. Customer complaints are managed by the Compliance Department of FX Central Clearing Ltd at Limassol, Cyprus. For EU retail clients, unresolved disputes may be escalated directly to the Financial Ombudsman of the Republic of Cyprus or resolved via European alternative dispute resolution mechanisms. Client funds are kept in segregated bank accounts separated from the broker's operating balance sheet. EU retail accounts under FX Central Clearing Ltd are covered by the Investor Compensation Fund (ICF), providing statutory compensation up to €20,000 per client in the event of broker default. Non-EU international accounts contracted under Central Clearing Ltd (MISA/VFSC) operate outside European regulatory jurisdiction and are not covered by the Cyprus ICF.
If the broker does not resolve a complaint, escalate to the ombudsman or regulator of the entity that holds your account. BrokerBazaar's Dispute Support Desk can help you document and escalate a case.
Strengths and limitations
- Strength: Over 15 years of operating history with Tier-2 European regulatory supervision via CySEC (Licence 121/10)
- Strength: Flagship ECN XL account combines raw floating spreads from 0.0 pips with $0 commission trading
- Strength: Zero deposit minimums and complete absence of non-trading fees (zero deposit, withdrawal, or inactivity fees)
- Strength: Full support for algorithmic trading with automated Expert Advisors (EAs) and sponsored VPS hosting
- Strength: Negative balance protection provided across accounts to safeguard against market gap deficits
- Limitation: International non-EU retail clients are contracted under offshore MISA (Comoros) or VFSC (Vanuatu) entities
- Limitation: Trading platform software is limited strictly to MetaTrader 4, lacking MetaTrader 5 or cTrader support
- Limitation: Asset catalog does not include real cash equities, physical ETFs, or exchange-traded options
- Limitation: Maximum leverage for retail clients in Europe is capped at 1:30 in compliance with ESMA regulations
- Limitation: US, Canadian, and Japanese residents are strictly excluded from retail account onboarding
Who this broker suits, and who it does not
FXCC is most relevant to traders looking for: ECN Broker, Zero Commission, MT4 Trading, Expert Advisors, Raw Spreads, No Deposit Minimum, Scalping, High Leverage.
It is less suitable for anyone who needs a strict-tier regulator in their own country of residence but would be onboarded by an offshore entity, for residents of restricted jurisdictions, and for beginners who have not yet understood leverage and margin. Nothing on this page is personal financial advice.
FXCC change history
Every published fact change, with the previous value and the date it took effect. Each entry says whether the broker made the change itself or our editors checked it against an official source. Regulation and licence claims are always checked by an editor.
No fact changes recorded for FXCC yet. Changes appear here as soon as the broker updates its profile or our editors confirm a change.
Frequently asked questions about FXCC
Data sources. Broker submission, the regulator registers linked above, CySEC register entity page 37673; FXCC regulation page, web-archive and domain records, and third-party traffic data. Last register check 2026-10-10. External ratings: Sitejabber 3.7/5; Trustpilot 4.5/5; Myfxbook 4.6/5; Tradomatix 3.93/5; PipCircle 4.2/5; WikiFX 1.43/10; FXEmpire 4.2/5; ForexRanks (Editorial Rating) 7.63/10.
Commercial disclosure. BrokerBazaar is independent and not owned by any broker. We may receive a referral fee if you open an account with FXCC through our links; this never affects scores or verification. How we make money. Trading leveraged products carries a high risk of loss.