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FXCH (Foreign Exchange Clearing House Ltd) Forex Broker Review

by forex on April 17, 2009

About FXCH (Foreign Exchange Clearing House Ltd) Forex Broker

fxchFXCH (Foreign Exchange Clearing House) is an unregulated, United Kingdom-based brokerage company, and has been open for on-line trading since 2004. FXCH forex broker states they been managing financial assets for over 15 years. Their minimum account size is $2,000- a bit steep for most newbie traders. FXCH has citizenship limitations, and apparently Swiss and U.S. citizens are not allowed to sign up for their services.

They take claims to have no re-quotes, no slippage, no slippage and one of the most advanced trading platforms. FXCH has both MetaTrader 4 and MetaTrader 5 platforms, and they assert to have 3 backup servers for speed and dealing stability. The company tries to put emphasis on them being user-friendly, and having pleasing response time in closing orders.

Basic Broker Details

Site http://www.forex-swiss.com
Country of Origin United Kingdom
Accepted Deposit Modes Bank wire, credit card
Withdrawal Method Bank wire
Leverage 1:500
Regulation Body None
Spread 1 pip (EURO or USD)
Minimum Account Requirement $2,000

Pros of FXCH Forex Broker

*MetaTrader 4 and MetaTrader 5 platforms

*24-Hour Customer Support (We advise you to double-check this)

*Tight spread

Cons of FXCH Forex Broker

*High minimum account requirement

*Citizenship limitations

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