fx central clearing
fxcl markets
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Overview
fx central clearing was founded in 2015 and is headquartered in Portugal, while fxcl markets was established in 2006 and is based in Cayman Islands. fx central clearing holds licences including Financial Conduct Authority (FCA), while fxcl markets is regulated by Financial Services Authority (FSA) number 1637 among others. fx central clearing serves 30,000+ clients worldwide; fxcl markets has 10,000+. Both brokers share the same minimum deposit of $250.
| Feature | fx central clearing | fxcl markets |
|---|---|---|
| Min. Deposit | $250 | $250 |
| Regulation | Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F234 | Financial Services Authority (FSA) number 1637 |
| Founded | 2015 | 2006 |
| Country | Portugal | Cayman Islands |
| Clients | 30,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between fx central clearing and fxcl markets, directly affecting your bottom line as a trader. Both require a minimum deposit of $250. Neither broker charges withdrawal fees. fx central clearing applies inactivity fees on dormant accounts; fxcl markets does not. Overall, fxcl markets scores higher on fees in our assessment.
| Feature | fx central clearing | fxcl markets |
|---|---|---|
| Min. Deposit | $250 | $250 |
| Withdrawal Fees | No | No |
| Inactivity Fees | Yes | No |
| Deposit Fees | No | No |
| CFD Fees | No | No |
Platforms
fx central clearing offers MT4, MT5, cTrader, while fxcl markets supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. fxcl markets supports social and copy trading features, which fx central clearing does not offer. The two brokers are closely matched on platform offering.
| Feature | fx central clearing | fxcl markets |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps | MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how fx central clearing and fxcl markets compare. Both brokers run regular live webinars. Both provide video tutorials, including advanced content. Daily market commentary is available from both brokers. Both integrate third-party research tools including Trading Central. Archived webinars are available at both brokers for self-paced learning. fxcl markets scores higher overall in education and research.
| Feature | fx central clearing | fxcl markets |
|---|---|---|
| Forex Education | No | Yes |
| CFD Education | Yes | Yes |
| Weekly Webinars | Yes | Yes |
| Daily Commentary | Yes | Yes |
| Trading Central | Yes | Yes |
| Autochartist | No | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. fx central clearing accepts 5 of the tracked payment methods (bank transfer, credit/debit card, PayPal, Skrill, Neteller), while fxcl markets supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). Both brokers support the same set of payment methods.
| Feature | fx central clearing | fxcl markets |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | Yes | Yes |
| Skrill | Yes | Yes |
| Neteller | Yes | Yes |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both fx central clearing and fxcl markets offer live chat support. Both provide phone support. Email support is available at both brokers. Both brokers offer support in 8 languages. Both brokers are comparable on support quality.
| Feature | fx central clearing | fxcl markets |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic |