Forex FXCE Broker Review

Performance Matrix

Main Score & Risk Matrix

N/A

Score

1.5

Very Poor

Our review desk considers this broker unsuitable for most traders until transparent licensing, stronger compliance evidence, and clearer client-fund protections are demonstrated.

License 1.7

Business 1.0

Risk Control 1.3

Software 2.0

Regulatory 1.5

Terminal Snapshot

FXCE Trading Conditions

Registered Region Malaysia

Operating Period 5-10 years

Minimum Deposit $100

Spread N/A

Licenses N/A

Contact Email support@fxceltd.com

Contact Number +6087586870

Website www.fxceltd.com

Balanced Review

Pros & Cons

Pros

Diverse trading instruments: Forex, commodities, indices, stocks, and cryptocurrencies
Multiple account types: Standard, Cent, and Demo accounts available
Trading platforms: MetaTrader 4 and MetaTrader 5 supported
No deposit transaction fees for funding accounts
24/7 customer support available in multiple languages

Cons

Not regulated by any recognized financial authority
No investor protection measures in place
Limited educational resources for traders
Withdrawal fees for certain payment methods
Potentially high spreads on minor trading instruments

Compliance Desk

Regulatory Licenses

0.0/10

No structured regulatory license cards have been configured yet.

Peer Benchmark

Broker Comparison

Feature	FXCE	VPFX	EC Investment Bank	AvaTrade
Operating Period	5-10 years	See review	See review	See review
Region	Malaysia	See review	See review	See review
Minimum Deposit	$100	See review	See review	See review
Spread	N/A	See review	See review	See review
Trust Score	1.5/10	See review	See review	See review

Product Fit

Account Types

What Account Types and Fees Does FXCE Offer?

Account Type	Target User Group	Essential Characteristics	Applicability Notes
Standard Account	Regular traders	Offers considerable flexibility with low spreads	Suitable for traders with varying capital
Cent Account	Beginner traders	Low entry threshold with high leverage	Allows for low-risk operations
Demo Account	New traders	No capital requirement for practice trading	Ideal for testing trading strategies

Account Opening Process

To open an account with FXCE, traders must submit personal, employment, and financial information. Identity verification is required, including a valid ID and proof of address. This process ensures compliance with the necessary protocols. Traders have the option to upgrade to a professional account later on, should their trading needs change.

Trading Fees

Product	Spread (pips)	Commission	Notes
Forex (Major Pairs)	From 0.0	$0	Competitive spreads for major currency pairs
Forex (Minor Pairs)	From 1.0	$0	Standard spreads for minor pairs
Commodities (Gold, Oil)	From 1.0	$0	Typical spreads for commodities trading
Indices (S&P 500, NASDAQ)	From 1.0	$0	Competitive conditions for index trading
Cryptocurrencies (BTC, ETH)	From 1.0%	Variable	Fees may vary based on market conditions

Other Fees

FXCE does not impose deposit transaction fees, allowing clients to transfer funds into their trading accounts without extra costs. Withdrawals via USDT or through FXCE are also fee-free, while withdrawals via an alternative payment method incur a fee of 1.6% of the total withdrawal amount. Inactivity fees and overnight interest (swap rates) may also apply, as well as currency conversion fees depending on the transaction specifics.

Editorial Verdict

Expert Verdict

R

Research Desk

Senior Broker Analyst

Our review desk considers this broker unsuitable for most traders until transparent licensing, stronger compliance evidence, and clearer client-fund protections are demonstrated.

Funding Desk

Deposit & Withdrawal Methods

No structured payment methods have been configured yet.

Trader Feedback

FXCE User Reviews

3.0

★ ★ ★ ★ ★

4 total reviews

5 star

4%

4 star

4%

3 star

4%

2 star

20%

1 star

60%

James Brown

Kuala Lumpur

★ ★ ★ ★ ★

I’ve had significant issues with withdrawals. It took longer than expected, and customer support was not very helpful in resolving my concerns. I appreciate the platform’s features, but the lack of efficient support is a major drawback.

Mary Tan

Penang

★ ★ ★ ★ ★

I regret choosing FXCE. The lack of regulation worries me, and I faced delays in getting my funds out. The customer service is lacking, and I felt ignored during my inquiries. I cannot recommend this broker.

Tommy Lee

Johor Bahru

★ ★ ★ ★ ★

FXCE has impressed me with their trading platforms. The MetaTrader 4 and 5 options are robust, and I’ve found the trading environment to be quite flexible. While I had some concerns about the regulatory aspect, the speed of transactions has been great.

Linda Wong

Malacca

★ ★ ★ ★ ★

I love trading with FXCE! The demo account is fantastic for practice, and I found the deposit and withdrawal process to be seamless. They offer a wide range of instruments which makes trading exciting. Overall, a good experience so far!

Malaysia Market