Both Forex.com and FX Central Clearing (FXCC) are respected names in the forex trading space, but they cater to very different trader profiles. Forex.com offers a regulated, institution-grade experience for global clients, while FXCC provides high leverage, ECN pricing, and simplicity for traders looking for speed and cost-effectiveness. Let’s dive into a head-to-head analysis to help you decide which broker suits your trading approach in 2025.
Broker Review Contents
Broker background
Forex.com is owned by the publicly traded StoneX Group and has been operating since 2001. It is globally recognized and regulated by top-tier financial authorities.
FX Central Clearing, also known as FXCC, was founded in 2010. It is based in Cyprus and operates under the EU regulatory framework with a focus on ECN/STP execution and straightforward pricing.
| Feature | Forex.com | FX Central Clearing (FXCC) |
|---|---|---|
| Founded | 2001 | 2010 |
| Headquarters | USA | Cyprus |
| Regulation | FCA, ASIC, NFA, IIROC, CySEC | CySEC (EU) |
| Parent Company | StoneX Group (NASDAQ: SNEX) | FX Central Clearing Ltd. |
| Core Market | Global | EU, Asia, Offshore clients |
Regulatory coverage and client protection
Forex.com is regulated in multiple tier-1 jurisdictions, including the UK, USA, Australia, and Canada. These licenses provide high levels of fund security and compliance oversight.
FXCC is regulated by CySEC, which aligns with EU trading standards, offering good protection but with fewer restrictions than U.S. or Australian regulators.
Forex.com is suitable for risk-averse traders focused on top-tier regulation. FXCC is ideal for those seeking EU-standard protection with more trading flexibility.
Trading platforms
Forex.com offers:
- MetaTrader 4 and 5
- Advanced Trading Platform (proprietary)
- TradingView integration
- Mobile apps and WebTrader
FXCC offers:
- MetaTrader 4 only
- WebTrader and mobile versions
- ECN/STP infrastructure
Forex.com wins in platform diversity and tool integration. FXCC sticks to MT4 but ensures high-speed execution and low-latency routing for scalpers and intraday traders.
Tradable assets
| Asset Type | Forex.com | FX Central Clearing (FXCC) |
|---|---|---|
| Forex pairs | 80+ | 70+ |
| Indices | Yes | Yes |
| Commodities | Yes | Yes |
| Cryptocurrencies | Yes | No |
| Stock CFDs | Yes | No |
| ETFs | Yes | No |
| Futures | No | No |
Forex.com offers a wider asset class selection, including ETFs and crypto pairs. FXCC focuses more narrowly on forex and commodities.
Account types and deposit structure
Forex.com accounts:
- Standard
- Commission
- DMA (Direct Market Access)
- Islamic (swap-free)
FXCC accounts:
- ECN XL Account (commission-free)
- ECN Advanced Account
- Islamic Account available
Minimum deposit:
- Forex.com: $100
- FXCC: $0 for ECN XL, $500 for ECN Advanced
FXCC’s zero-deposit ECN XL account is attractive for small-budget traders. Forex.com gives broader options for both beginners and professionals.
Spreads and pricing
Forex.com:
- Standard account: spreads from 1.0 pip
- Commission account: 0.2 pip + $5/lot
- No deposit fees
- Inactivity fee applies
FXCC:
- ECN XL: spreads from 0.1 pip, no commission
- ECN Advanced: spreads from 0.0 pip + $6/lot
- No deposit or withdrawal fees
- No inactivity fee
FXCC provides highly competitive ECN pricing with no commissions in its basic account, making it appealing for high-frequency and scalping strategies.
Leverage and margin
| Region | Forex.com | FX Central Clearing (FXCC) |
|---|---|---|
| UK/EU Retail | Up to 1:30 | Up to 1:30 |
| USA | Up to 1:50 | Not available |
| Global Pro | Up to 1:200 | Up to 1:500 |
FXCC supports higher leverage (up to 1:500) for offshore and professional clients. Forex.com remains within regulated limits for risk protection.
Research, education, and tools
Forex.com offers:
- Trading Central
- Autochartist
- TradingView integration
- Webinars, market insights, economic calendars
FXCC provides:
- Basic technical analysis articles
- Economic calendar
- Educational blog
- VPS hosting for algorithmic trading
Forex.com stands out with third-party integrations and deeper educational resources. FXCC emphasizes cost-efficiency and low-latency execution tools.
Mobile trading experience
Forex.com’s app delivers advanced order management, charting, and real-time alerts synced with desktop tools.
FXCC’s MT4 app offers fast execution and basic mobile charting but lacks native platform enhancements or modern design.
Forex.com provides a more powerful and integrated mobile experience. FXCC keeps it minimal and focused on speed.
Customer support
Forex.com:
- 24/5 global support
- Phone, chat, and email
- Knowledge base and account manager services
FXCC:
- 24/5 support via email and live chat
- Fewer regional offices
- Responsive ticket-based assistance
Both brokers offer decent support, though Forex.com has a more global infrastructure and better user onboarding.
Final comparison table
| Feature | Forex.com | FX Central Clearing (FXCC) |
|---|---|---|
| Regulation | Tier-1 (US, UK, ASIC) | CySEC (EU) |
| Platform Diversity | MT4, MT5, Web, TradingView | MT4 only |
| Market Coverage | Wide, including crypto | Focused (FX, indices, metals) |
| Minimum Deposit | $100 | $0–$500 depending on account |
| Max Leverage | Up to 1:200 | Up to 1:500 |
| Account Types | Multiple + DMA | ECN-focused |
| Tools & Education | Advanced with third-party | Basic with VPS for EAs |
| Mobile Trading | Advanced and integrated | MT4 mobile |
| Commission-Free Option | No | Yes (ECN XL) |
| Best for Beginners | Yes | Yes |
| Best for Scalpers | Yes (DMA) | Yes (ECN XL/Advanced) |
Who should choose Forex.com?
Forex.com is the ideal broker for:
- Traders seeking institutional-grade platforms
- Users in regulated markets such as the USA, UK, or Canada
- Those who need a wide range of tradable assets
- Investors looking for deep analytics and education
Who should choose FX Central Clearing?
FXCC is best for:
- Traders looking for ECN execution with minimal spreads
- Clients in Asia, Eastern Europe, and offshore regions
- Beginners who want zero deposit barriers
- Scalpers and algorithmic traders using VPS systems
