FXCC, founded in 2010 and based in Limassol in Cyprus, is a regulated currency broker offering a wide range of technologies and transaction services. Their ECN / STP business model allows customers to benefit from transparent prices in real time.
How FXCC Works:
Instead of a fixed spread, the ECN / STP FXCC transaction model has very narrow ranges with a variable value. This means that the offer spread will accurately reflect the actual buying and selling prices for a given currency pair and provides investors with an opportunity to invest in the Forex market in a real exchange of supply and demand in the Forex market.
Rollover / swap on the Forex market, in which interest is added or subtracted for keeping the position open for the night (the option Buy (Long) / Sell (Short) is available as in the case of scalping.
At FXCC customers can choose the required level from 1: 1 up to 1: 300. Because transparency is vital at FXCC, the team is trying to explain the concept of slip. Slip is the difference in pips between the price of the order and the price of the transaction. This is quite a normal phenomenon of trading in the Forex market. People usually take it negatively. When it comes against an entrepreneur, it may be wrong. But slippage may also work in favor of the entrepreneur, and FXCC provides a full description of how it works and when it can be a positive, not an adverse event.
FXCC prides itself on providing its customers with the best possible trading infrastructure. An additional mile in the foundation is the FXCC NY4 Equinix MT4 server. This server facilitates the quick execution of all transactions in the Forex market.
The Equinix NY4 server is located near Wall Street, in the heart of New York.