FXCC Bonus: What Is It & Key T&Cs

Can I Get The Bonus?

Eligibility for the FXCC welcome bonus depends on your account entity. The bonus is available through FXCC’s international (MISA) entity. Under the CySEC-regulated European arm, EU rules prohibit deposit bonuses for retail clients, so the offer is not available. Traders in eligible non-EEA regions can opt in during sign-up.

You can confirm you want the promotional credit by ticking the bonus box in the deposit window, though during testing we found that it was ticked automatically. It must be your first qualified deposit.

Should I Claim The Bonus?

Like most deposit bonuses for online trading, it’s essential to review the terms and conditions. We’ve read every word of the FXCC first deposit bonus T&Cs. Two key things decide whether the promotional credit helps you or just sits on screen:

1. It’s credit, not cash you can pull out. The bonus is credited as a line of credit on your ECN XL account, not as real money. It lifts your equity and free margin, but you can’t withdraw the credit itself. Any profit you make is your own balance and is withdrawable.
2. Withdrawing shrinks it, and a drawdown can erase it. Pull money from your wallet, and the bonus is canceled by the same amount. Worse, if your equity falls to 150% of the credit, FXCC automatically removes the entire bonus, and its terms warn that there may be no margin call alert when that happens.

We found the bonus is a reason to size positions with a little more room while you learn the platform, not a reason to choose FXCC over a rival. The deposit bonus is a side feature. The withdrawal fees, by contrast, shape your real returns far more, so weigh those first.

How The Bonus Works: 4 Scenarios We Mapped Out

We ran the numbers through FXCC’s own bonus rules so you can see how the credit behaves before you opt in. Figures are illustrative, not real account snapshots, and we’ve kept them separate from the round numbers FXCC uses in its own terms.

Scenario 1 — A small deposit, under the cap. You fund $800 and opt in. FXCC matches it with $800 of credit, posted within 24 working hours. Moved onto your ECN XL account, it looks like this:

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Your real cash is still $800. The credit doubles your usable margin, so you can hold a larger position or absorb more drawdown, but the $800 isn’t yours to withdraw.

Scenario 2 — A larger deposit hits the ceiling. You fund $2,600. The match is 100%, but the credit is capped at $2,000, so the extra $600 earns nothing:

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Past $2,000 deposited, you’re funding on your own dime. There’s no benefit to overfunding to chase a bigger bonus.

Scenario 3 — You withdraw, and the bonus follows. Say you deposited $1,000, took the $1,000 credit, and traded your balance up to $1,300. You withdraw $400 of profit. FXCC cancels credit equal to the amount you pulled out:

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The $400 you took is yours, but your margin cushion drops by the same $400. Every withdrawal chips away at the buffer.

Scenario 4 — The drawdown wipeout (the part people miss). You deposited $600 and hold $600 of credit. The trigger sits at 150% of the credit, which here is $900 — in other words, a $300 floating loss on your own money. Hit that, and the entire bonus is removed at once:

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Losing half your own deposit erased the full $600 cushion in one step. From there, the normal stop-out level applies with no extra padding, and FXCC’s terms note you might not get a margin call alert first. That’s the scenario to plan around: the bonus helps least exactly when you need margin most.

We found the credit is useful as breathing room while you carefully trade your own balance. It turns against you if you lean on it to hold oversized positions, because the drawdown that removes it is the same drawdown that threatens your account.