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About

FXCess is a leading global broker registered in Bermuda. The broker was established with a strong commitment to transparency and a focus on delivering great products at competitive prices. 🤩 Their primary goal is to provide excellent trading conditions that cater to both beginners and professional traders, setting themselves apart with their fast execution and low-cost trading! 🙌 With FXCess, traders can gain access to more than 300 financial markets across 6 asset classes with tight spreads and flexible leverage. Also, a dedicated support team is available 24/5 to provide assistance.

About

MTrading is an online forex and CFD broker established in 2013, offering a range of financial instruments including currency pairs, commodities, indices, cryptocurrencies, and stocks. The broker provides access to the MetaTrader 4 (MT4) platform, enhanced with the MT4 Supreme Edition plugin, which offers advanced charting tools and additional features for traders. Clients can choose between two main account types. The premium account requires a minimum deposit of $100 and operates with a Straight Through Processing (STP) execution model, while the pro account requires a $500 minimum deposit and offers Electronic Communication Network (ECN) execution with tighter spreads starting from 0.0 pips, accompanied by a commission of $4 per lot. MTrading offers leverage up to 1:1000, allowing traders to control larger positions with a smaller initial investment. The broker emphasizes competitive trading conditions, including low trading costs and free withdrawals.

Platforms Supported

Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook

Platforms Supported

Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook

Audience

Anyone wanting a platform to start trading

Audience

Traders interested in a solution to access a variety of financial instruments through the MetaTrader 4 platform

Support

Phone Support
24/7 Live Support
Online

Support

Phone Support
24/7 Live Support
Online

API

Offers API

API

Offers API

Screenshots and Videos

Screenshots and Videos

Pricing

No information available.
Free Version
Free Trial

Pricing

No information available.
Free Version
Free Trial

Reviews/Ratings

Overall 4.8 / 5
ease 4.5 / 5
features 4.7 / 5
design 4.7 / 5
support 4.7 / 5

Reviews/Ratings

Overall 4.8 / 5
ease 4.7 / 5
features 4.9 / 5
design 4.8 / 5
support 4.9 / 5

Pros & Cons from Real Users

Pros

  • As someone who relies heavily on Fibonacci retracements and harmonic patterns, the drawing tools here are the best I've used.
  • They offer mt4 - some might argue it's a drawback they're limited to just one metatrader platform, but to me mt4 is the only platfrom you need to do trading. It's the standard. The selection of shares and indices is big enough And of course good spreads, nothing to get worried about
  • 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.
  • 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.
  • The market range is okay and the leverage of 1000x is a big plus for forex traders who want more flexibility

Cons

  • Trading app could be improved, the MT4 one feels a bit generic.
  • I didn't like they made me wait when I sent them a couple of my requests about my accounts. I think the broker should work on that.
  • 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…
  • Not best spreads on standard account and maybe lack of other non-MT platforms too.
  • The payment methods available are just too basic and not flexible

Pros & Cons from Real Users

Pros

  • I really likes the fast execution on mtrading broker, orders are filled within milliseconds, and spreads are competitive especially on majors even during volatile market conditions. The platform selection is nice, it’s either MT4 or MT5. And can’t forget about the payments. Deposit and withdrawal process was smooth without any hidden fees which i appreciate a lot.
  • I like their offerings. Honestly, as a brokerage they offer way more than just trading. They give out deposit bonuses of up to 50%, offer copy trading, daily market insights, education and so on. Education is sth many brokers added into their offerings, but mtrading has some good content on interesting topics that is easy to read.
  • I'd point their account structure as their strong side. Just 2 accounts with clear conditions, one with commissions and the other - without, with differing spreads. And both are very affordable - I paid only $10 at the beginning. Very low.
  • They have made a simple but very powerful trading platform. The copy trading platform is great, this is what i used in the early days and this is how i managed to grow tradable capital while was still having a day job. As for manual trading, platform works pretty well. Mt4 i use and the execution is flawless. And we all know this is one of the simplest trading engines but combined with mtrading it is a powerful setup.
  • I liked the looks of the platforms. It certainly created some trading vibe that helped me to feel more motivated. Trading conditions were also good. I compared spreads and commissions with other places, pretty solid, taking into account the low minimum deposit. Fair enough…

Cons

  • Sometimes the app freezes during high volatility but it's rare, and might be cause of internet connection, dunno. However, I wish they had more educational materials, maybe even videos for new traders like me who are still learning.
  • When it comes to disadvantages, they have a few. First of all, the only platаforms are MT4 and MT5. Not bad, but I want to get more options. Secondly, the minimum deposit for USDT payment method is $50, whereas the minimum deposit requirement for opening an account is only $10. Idk, it just doesn’t make sense for me.
  • I would expand the articles they offer in the education section. They seem to be general -when I was reading them, I felt I needed more detailed and serious dive.
  • Nothing critical, but would give maybe a suggestion to the team behind the platform to think of adding more advanced filters for copy trading stats. Also more small UI tweaks could be nice, but this is more luxury than real problem. For one year trading, nothing broke or annoyed me seriously.
  • I missed some assets to be honest. I wanted to see stocks from all over the world, futures assets (heard they’re better for day trading) or the same crypto. In addition to that, swaps fees... Never thought I would pay for holding trades overnight.

Training

Documentation
Webinars
Live Online
In Person

Training

Documentation
Webinars
Live Online
In Person

Company Information

Fxcess
Founded: 2010
Bermuda
www.fxcess.com

Company Information

MTrading
Founded: 2013
Saint Vincent and the Grenadines
mtrading.com

Alternatives

Alternatives

T4Trade

T4Trade

Tradeco Limited

Categories

Categories

Integrations

MetaTrader 4
MetaTrader 5

Integrations

MetaTrader 4
MetaTrader 5
Claim Fxcess and update features and information
Claim Fxcess and update features and information
Claim MTrading and update features and information
Claim MTrading and update features and information