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FX Clearing Review

FX Clearing is a Canadian company, but they do not accept Canadian citizens or residents as clients because they do not have a Canadian Securities license. They also do not wish to register with the NFA so they do not accept U.S. citizens as clients. If you live anywhere else they provide support in a fairly large number of languages, spreads appear to be good and you can use high leverage in your trading. They are also one of the few forex brokers who accept Paypal for deposits and withdrawals.


Company Name: FX Clearing Group

Online Since: 2007

Country: Canada

Regulated: Regulated by Canadian FINTRAC.

Payments/Withdrawals: Moneybookers, PayPal, wire transfer, Credit cards

EUR/USD Spread: 1-2 pips

Minimum Account Size: $1

Leverage: 1:25 up to 1:500

Minimum Position: 0.01 lot

Platform(s): Metatrader 4

Mobile trading: Metatrader 4 Mobile

Demo Account: Yes

Support: Live chat, email, phone

Training: No

Managed Accounts: No

Languages Supported: Arabic, Chinese, Czech, English, French, German, Indonesian, Japanese, Malay, Polish, Russian, Slavic, Spanish, Thai

Trade what?: Forex

ECN/STP: ECN access available

Advantages: Metatrader 4 platform, tight spreads, deposit bonuses (up to 25%)

Disadvantages: U.S. and Canadian citizens not accepted as clients

Partner Programs: Introducing broker

Learn more about FX Clearing here

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