FXCess Questions & Answers

Well, it depends mainly on the account types you choose. They have two account types and the main difference is the execution style, and consequently the spreads. The first one, the Classic account type, comes with live execution, with spreads starting from 1.7 pips, and no commissions are charged by the broker. The second one comes with ECN execution, and understandably it offers tighter spreads, sometimes even ZERO. As usual, with an ECN account type, you will need to pay a commission of $4.5 per lot per round. So do your maths carefully, and see which one suits you better.

In general, on their official website there is quite a lot of information about it and there you can find out the details. But since we are here I can give some background info. Everything here works like in any other promotion. In order to get a reward you need to invite someone to become a customer of this company. If you are already a client of this broker, it is quite easy to tell them about the benefits of this firm. For each new client you invite you will get a reward.

For me, personally, it's not enough. I would like to see more trading platforms because I like the freedom of choice in the first place. But on the other hand would I complain about it? The answer is no. MT4 is a great piece of trading software, so it's not a big deal.

Unfortunately, no, pal, but I believe it's even better cuz wire transfers are the most protected ones and any kind of malfunctions, malicious activity or just transactions processing latencies are almsot excluded. I presume this is the main reason why this broker decided to confine the number of methods available for withdrawal. If you topped up using the card, then you can get your initial deposit back on the card, while earned profits will be transfered only via bank transfer.

Since you already have account with broker, this procedure is much easier for you. All you need to do is to send request to join program and discuss details with your aaccount manager.

I heard something about Mirror Trading on this platform, but being sincere, haven't tried out this feature. Probably if the broker announces this possibility, then it exists.