WikiFX

Sagot

In my personal experience evaluating brokers, it’s essential to see clear and transparent details about commission structures, especially for those touting ECN or raw spread account types. With FX Corp, I’ve found some concerning gaps when it comes to trading account transparency. Based on the information available, FX Corp does not publicly disclose details about ECN or raw spread account types, nor do they provide specific information about per-lot commissions one would typically expect with those accounts. In fact, there is no mention of standard trading platforms such as MT4 or MT5 being offered for retail forex trading. What stands out most for me is that FX Corp positions itself mainly as a foreign exchange and international payments service provider—for both individuals and businesses—focusing on spot FX and forward contracts rather than on margin trading or retail forex brokerage services. They do detail transaction fees for specific payment networks (such as the $60 SWIFT fee), but I could not find any breakdown of per-lot commissions or spreads for forex trading. Given the absence of critical account and fee information, as well as risk alerts and serious negative experiences reported by former users—many describing withdrawal issues—my personal approach would be extremely cautious. For traders seeking ECN or raw spread accounts, FX Corp does not appear to provide the features or transparency associated with reputable forex brokers in that segment. As always, clarity on commission structures and platform availability is vital before considering any engagement.