Editor’s Verdict

Overview

Review

Headquarters
Antigua and Barbuda
Year Established
2005
Trading Platform(s)
MetaTrader 4
US Persons Accepted?

FXcast is a worldwide financial services corporation that is specialized in offering currency traders of various levels and experience with excellent quality online trading services. FXcast has remained in the market since 2005. FXcast is registered on Antigua and Barbuda and an accredited member of GDCA. Within this period FXcast has been able to establish itself to be reliable in an industry that has remained very dynamic. FXcast offers a range trading platforms that can be operated manually or automated with an auto-trade capability. FXcast parades the FXcast Swing platform for small accounts and the FXcast Pro platform which is based on Meta Trader 4 platform hence allowing the use of custom indicators and automated expert advisors. The FXcast Swing platform features a 1 Pip spread on EUR/USD, one of its drawbacks is the fixed 1:100 leverage. Meanwhile you still have a tradable 35 currency pair and accounts could start with as little as 1 USD. No personal documents are required for deposits smaller than 100 USD, while multiple accounts are allowed when using the FXcast Swing platform. Real time charts are in displayed not forgetting the fact that trades are open until it reaches take profit or stop loss point. The FXcast Pro is designed for traders of all levels of experience, while you can get acquainted with the trading platform using a free demo account for 30 days. FXcast Pro platform runs on MT4 technology (like many other brokers including GCMFX and Forex4You), allowing a leverage that spans from 1:25 up to 1:400, displaying 35 tradable currency pairs. With more than 40 embedded indicators on this platform automated trading with expert advisors becomes a reality. Fxcast Pro offers the possibility to open multi-currency accounts on EUR, USD or CHF. Signing up for either a demo or real account is pretty easy and takes less than 5 minutes if information’s are entered correctly. Funding live accounts is pretty easy as FXcast supports over eight deposit/withdrawal methods via International Bank Wire Transfer, Webmoney, e-gold, credit/debit card, Liberty Reserve, Bank Card for Chinese Customers, e-bullion, e-dinar and c-gold. FXcast runs a multi-lingual website in English, Chinese, Arabic, Indonesia and Russian, thus allowing its diverse customer base to get an integrated online experience. Other feature to watch out for is its friendly online help that runs 24 hrs. This definitely remains a broker to watch out for and I rate them 3 stars.

Trading Platform

MT4
MT5
cTrader
Proprietary Platform
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