After thirteen years in the company, a broker is regarded to have enormous development potential. To earn the trust of traders and investors, a broker must work with complete dedication and diligence, and get to the level where players or investors choose it and continue with it. If a broker’s services and functioning are obsolete and do not keep up with technological changes, no investor will stay with them. FXCC is an example of this. Despite the fact that the broker has been in business since 2008, there have been few changes or developments in the services. The broker appears to be too indolent to put forth any effort or attention toward client and customer happiness. In this analysis, we will look at why FXCC may not be the best option for traders looking to spend their hard-earned cash.
Is FXCC Risky or Not?
FXCC is regulated in a number of nations, the majority of which are run by local authorities. We don’t understand why the broker must seek regulation from a variety of regulators rather than establishing authority from a single powerful and well-known regulating entity. This generates uncertainty, and we do not believe it is safe for traders to use FXCC.
Platform for Trading
FXCC uses the MetaTrader 4 platform for trading on PCs, cellphones, and tablets. Yes, MetaTrader 4 provides a vast range of services and functions, but why stick with something antiquated when so many other brokers have gone on to MetaTrader 5 and more advanced operations and functionalities? When it comes to choosing a forex broker then you can read the fxcc review to decide about this trading company to trade with it successfully.
When it comes to desktop or mobile trading, the entire interface is quite tough to comprehend and navigate. There are numerous functionalities, all of which are suffocated by a lack of structure or system. Even FXCC’s website has been disseminated widely. It may be exceedingly tough for a novice to become accustomed to the platform’s entire operation. Firms that have been in the financial industry for a long time are expected to deliver excellent service and security.
FXCC Review: The Best Trading Company
The brokerage firm has made little effort to improve its services or diversify its trading portfolio. A major flaw is the utilization of out-of-date trading portfolios to provide trading services. The broker is licensed by a variety of unpopular state and local governments. The firm is not regulated by any central financial body, such as CySEC, ASIC, FCA, or others. Authentic bodies monitor all actions and may issue warnings or cancel a broker’s license if it is found to be participating in illicit behavior. We’re not sure why the broker is hesitant to obtain a license from these organizations.
It simply means that it is attempting to conceal some illegal activity. We don’t believe the firm is a good fit for you. It’s a con or a ruse.
Support for Customers
The broker’s customer support service is atrocious. On weekends, it is not available. We looked at some customer evaluations and discovered that the crew does not answer calls and does not respond to emails within five days. We got comparable findings when we tested the same thing. The broker seemed to be uninterested in answering traders’ questions. Every company’s customer service department is its backbone. Unfortunately, in the case of FXCC, this link is brittle and only serves to impress.
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