Introduction
FCI-Markets.co.uk is an online trading platform that offers a variety of services to its users, including the ability to trade forex, CFDs, and commodities. The company is headquartered in the United Kingdom and is regulated by the Financial Conduct Authority (FCA). The FCI-Markets.co.uk website provides a detailed overview of the company’s products and services, as well as a range of resources for traders, including a blog, economic calendar, and market analysis. In this review, we will take a look at the key features of the FCI-Markets.co.uk platform, as well as the pros and cons of using the service.
What is FCI-Markets.co.uk?
FCI-Markets.co.uk is an online trading platform that offers a wide range of financial instruments for trade, including forex, CFDs, and cryptocurrencies. The company is based in the United Kingdom and is regulated by the Financial Conduct Authority (FCA). FCI-Markets.co.uk offers two types of trading platforms: the MetaTrader 4 (MT4) and the WebTrader. The MT4 is a downloadable platform that offers advanced charting and analysis tools, while the WebTrader is a web-based platform that is designed for simplicity and ease of use. FCI-Markets.co.uk also offers a mobile trading app for Android and iOS devices.
Some of the key features of FCI-Markets.co.uk include:
– A wide range of financial instruments available for trade
– Competitive spreads
– Advanced trading platforms (MT4 & WebTrader)
– Mobile trading app available
– Regulated by the Financial Conduct Authority (FCA)
Regulation
FCI-Markets is a website that provides an online trading platform for users to trade on the Forex market. The website is operated by FCI Markets Ltd, a company registered in England and Wales with company number 07073413. FCI Markets Ltd is authorised and regulated by the Financial Conduct Authority (FCA) with firm reference number 600970.
The FCI-Markets website offers two types of trading accounts: a Standard account and a Professional account. The Standard account requires a minimum deposit of $250, while the Professional account requires a minimum deposit of $10,000. Professional accounts are only available to clients who meet certain financial criteria set out by the FCA.
Users of the FCI-Markets website can trade on over 50 currency pairs, including major, minor, and exotic pairs. The website also offers CFD trading on a range of asset classes, including indices, commodities, and cryptocurrencies. Leverage of up to 1:500 is available on some instruments.
The FCI-Markets website uses the MetaTrader 4 (MT4) trading platform. MT4 is one of the most popular forex trading platforms in the world and is known for its user-friendly interface and advanced features. The FCI-Markets website also has an mobile app which can be downloaded from the App Store or Google Play Store.
In terms of regulation, FCI-Markets is authorised and regulated by the Financial
Platforms
FCI-Markets.co.uk offers two main types of trading platforms: the web-based MetaTrader 4 (MT4) platform and the company’s own proprietary web-based platform.
The MT4 platform is a popular choice for many traders as it is easy to use and navigate. The FCI Markets proprietary platform is also user-friendly and offers a range of features and tools that are not available on the MT4 platform.
Both platforms offer a demo account so that traders can practice trading without risking any real money.
Pros and Cons
FCI-Markets.co.uk is a forex broker based in the United Kingdom that offers online trading services to its clients. The company is regulated by the Financial Conduct Authority (FCA), which is a financial regulatory body in the UK. FCI-Markets.co.uk offers two types of trading platforms to its clients: the MetaTrader 4 (MT4) platform and the WebTrader platform. The MT4 platform is a desktop-based platform that enables traders to access the forex market and trade using various technical analysis tools. The WebTrader platform, on the other hand, is a web-based platform that allows traders to access the forex market and trade from any computer with an internet connection.
In terms of account types, FCI-Markets.co.uk offers three types of accounts to its clients: the Standard account, the Premium account, and the VIP account. The Standard account requires a minimum deposit of $250 and gives access to all features of the MT4 and WebTrader platforms except for certain advanced features such as price alerts and news feeds. The Premium account requires a minimum deposit of $5,000 and gives access to all features of both platforms, including advanced features such as price alerts and news feeds. The VIP account requires a minimum deposit of $25,000 and gives access to all features of both platforms as well as exclusive features such as private sessions with a personal analyst and priority withdrawals.
Traders Ratings
When we talk about a broker’s regulation, it means the financial watchdog that supervises the activities of the said broker. In the case of FCI Markets, the regulatory authority is the Financial Conduct Authority (FCA) of the United Kingdom. The FCA is a world-renowned regulatory agency because of its stringency in enforcing rules and regulations.
FCI Markets is a very small broker compared to other brokers that are under the FCA’s regulation. The fact that it is small may be an advantage for some traders because they will feel that their investments are more secure with a big organization like the FCA. On the other hand, small size also has its disadvantages because it can mean that the broker does not have enough resources to cater to all its clients properly.
The platforms offered by FCI Markets are MetaTrader 4 (MT4) and WebTrader. MT4 is a very popular platform among forex traders because it is user-friendly and has a lot of features. WebTrader, on the other hand, is a web-based platform that does not require installation. It can be accessed from any computer with an internet connection.
The minimum deposit required by FCI Markets is $250, which is quite low compared to other brokers. This amount can be deposited through credit/debit cards or bank wire transfer. The maximum leverage offered by FCI Markets is 1:200, which is average in the industry
Conclusion
Overall, FCI-Markets.co.uk is a reliable and trustworthy broker that offers a great choice of platforms and products, as well as competitive spreads. The main downside is that the customer support could be improved, but overall this broker gets top marks from us.