FX Clearing Forex Broker, a Canada-based trading company, started their online operations in 2007. They are regulated by the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC http://www.fintrac-canafe.gc.ca/), and is registered with the Ministry of Government Services (Member # 1710457). FX Clearing requires $10 for initial deposits.
Their payment options include PayPal, Moneybookers, any major credit or debit card, and wire transfer. Third party deposits are not accepted, meaning it has to come from an account under your name before they accept funds. FX Clearing already has a few reviews on some trustworthy forex sites out there, and these feedbacks convey different views.
Some clients claim that upon checking, the difference between demo and real accounts are quite noticeable, as there are requotes due to the slow server. So far there are no complaints regarding mishaps on withdrawals, so it would be best to test the real account diligently before deciding if FX Clearing is the broker of your dreams.
Basic Broker Details
Site https://www.fxclearing.ca/
Country of Origin Canada
Accepted Deposit Modes PayPal, Moneybookers, any major credit or debit card, and wire transfer
Withdrawal Method PayPal, Moneybookers, any major credit or debit card, and wire transfer
Leverage 1:500, 1:400, 1:200 and 1:50
Regulation Body Financial Transactions and Reports Analysis Centre of Canada (FINTRAC http://www.fintrac-canafe.gc.ca/)
Spread 1-2 pips (EUR or USD)
Minimum Account Requirement $10
Pros of FX Clearing Forex Broker
* MetaTrader 4 support
* Good spreads
Cons of FX Clearing Forex Broker
* Slow server
http://www.itradeallday.com/fx-clearing-forex-broker-review
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