FCI Markets Review
Based in Essex, United Kingdom, FCI Markets is an online trading broker that provides its clients with some intuitive trading platforms for trading forex, commodities, indices, and other financial assets. Clients are provided with different trading and learning tools.
Pros / Cons
- Regulated brokerage firm
- Sophisticated trading platforms
- A range of trading & learning tools
- Several financial markets
- Limited payment options
- No USA clients
- No MetaTrader 4 platforms
- No live chat support
In this detailed FCI Markets review, our online broker research team has covered some of the most important aspects for you to consider when choosing the best broker for your online trading needs.
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FCI Markets Overview
FCI Markets is an online financial services provider that caters to the trading needs of types of traders, from beginner traders through to experienced EX-city professionals, offering access to trade several assets via some sophisticated trading platforms whilst providing traders with educational resources, trading tools, and a client support team. There are multiple account options available to clients.
FCI Markets Regulation
FCI-Markets is the trading name of Foreign Currency Innovations Ltd, a company registered in England and Wales under company number 07274218. Foreign Currency Innovations Ltd authorized and regulated by the Financial Conduct Authority under firm reference number 616985.
FCI Markets Countries
The information published within the broker’s website is not intended for distribution to residents in any country where such distribution or use would be in breach of any local law or regulatory requirement.
Some FCI Markets’ features and products mentioned within this FCI Markets review may not be available to traders from certain countries because of legal restrictions.
FCI Markets Platforms
This is an institutional multi-asset trading platform that offers outstanding possibilities and technical analysis tools. It has one-click trading and copy-trading features, and it allows users to automate trades using expert advisors. The broker makes the MT5 available in desktop, web, and mobile versions.
This is the next-generation trading platform developed by CFH Clearing. It has an intuitive and easy-to-use interface. The ClearPro’s technology and infrastructure are designed for ease of implementation with flexible templates and web applications that enable clients to trade more efficiently and effectively in the online environment.
This is the broker’s advanced cloud-based platform for trading and analysis. It is packed with a range of useful features and tools, including 6 different chart types, trade API, one-click trading, and more. The FCI NetStation is available on Windows, Mac OSX, and Linux desktop platforms, as well as on mobile apps for Apple, Android, and tablet.
FCI Markets Trading Tools
Traders benefit from a range of trading tools in addition to those built into the various trading platforms, and they include 3C Analysis, Dedicated Account Manager, APIs, and more.
FCI Markets Education
The ‘Research’ section of the broker’s website contains a collection of educational materials, such as Glossary, Short Trading Courses, Trading Academy, FCI News, and more.
FCI Markets Instruments
The broker offers access to the following financial markets: forex, commodities, indices, and more.
FCI Markets Accounts & Fees
FCI Markets offers a variety of different trading account types to meet the individual trading needs of their clients. The spreads are variable and start from 0.2 pips, and there is a leverage of up to 1:100. The account types and their minimum deposit requirements are as follows: Micro ($100), Standard ($500), and Premium ($5,000) accounts. Demo accounts are available for traders to practice trading with virtual funds.
As broker fees can vary and change, there may be additional fees that are not listed in this FCI Markets review. It is imperative to ensure that you check and understand all of the latest information before you open an FCI Markets broker account for online trading.
FCI Markets Support
The broker’s client support team is available via telephone, email, and social media to respond to clients’ inquiries.
FCI Markets Deposit & Withdrawal
Traders can deposit and withdraw funds to and from their trading accounts through bank transfer.
FCI Markets Account Opening
To open an account, click on the ‘Live Account’ button and choose either the retail or professional account, and then, proceed to properly fill out the form.
It is imperative to ensure that when you are going through a broker application, you clearly read all of the broker’s terms, conditions, and policies. Only proceed if you fully understand and agree to them.
FCI Markets Summary
FCI Markets is an online trading broker that offers a wide range of assets, which are traded online using the provided trading platforms. The broker provides traders with several trading and learning tools whilst offering multiple account options to choose from.
Trading on financial products carries a high level of risk to your capital. Some products such as Foreign Exchange (FX) and Contracts for Difference (CFDs) are leveraged products. It is possible to lose more than your initial investment. Trading on financial products may not be suitable for all investors, therefore ensure you understand the risks involved and seek independent advice if necessary.