Abstract:Fxview is a regulated online brokerage firm that provides trading services in various financial markets, including forex, commodities, indices, and cryptocurrencies. They provide access to multiple trading platforms, educational resources, and a range of trading tools. Fxview also offers competitive spreads, leverage options, and a variety of account types to suit different trading needs.
Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.
Fxview Review Summary in 10 Points | |
Founded | 2009 |
Registered Country/Region | Cyprus |
Regulation | CYSEC, FCA, CNMV |
Market Instruments | Forex, Commodities, Indices, Stocks, Cryptocurrencies |
Demo Account | Available |
Leverage | 500:1 |
EUR/USD Spread | From 0.1 pips |
Trading Platforms | MT4, MT5, ActTrader |
Minimum deposit | $50 |
Customer Support | 24/5 live chat, phone, email |
Fxview is a regulated online brokerage firm that provides trading services in various financial markets, including forex, commodities, indices, and cryptocurrencies. They provide access to multiple trading platforms, educational resources, and a range of trading tools. Fxview also offers competitive spreads, leverage options, and a variety of account types to suit different trading needs.
In the following article, we will analyze the characteristics of this broker from various aspects, providing you with simple and organized information. If you are interested, please read on. At the end of the article, we will also briefly make a conclusion so that you can understand the broker's characteristics at a glance.
Fxview has several notable advantages. Firstly, the broker is regulated by reputable authorities such as CYSEC, FCA, and CNMV, which provides an added layer of security and oversight for clients. Additionally, Fxview offers segregated client funds, ensuring the protection of investors' assets. The availability of multiple trading platforms, competitive spreads, and leverage options up to 500:1 further enhance the trading experience.
However, there are a few drawbacks to consider. The choice of account types is limited, and clients from some regions/countries are not accepted. It's important for potential clients to carefully evaluate these pros and cons, conduct their own research, and consider their individual trading needs and preferences before deciding whether Fxview is the right broker for them.
Pros | Cons |
• Regulated by CYSEC, FCA, CNMV | • BaFin and BDF licenses are exceeded |
• Segregated client funds | • Clients from USA, Cuba, Sudan, Syria, North Korea, Myanmar, India are excluded |
• Wide range of trading instruments | • Limited account types |
• Demo accounts available | |
• Competitive spreads | |
• Low minimum deposit ($50) | |
• MT4 and MT5 supported | |
• Various trading tools | |
• Multiple deposit and withdrawal options | |
• No fees for deposits and withdrawals | |
• Rich educational resources | |
• 24/5 live chat support |
There are many alternative brokers to Fxview depending on the specific needs and preferences of the trader. Some popular options include:
Equiti - offers a reputable trading experience with strong regulatory oversight and a wide range of trading instruments.
ForexMart - provides a user-friendly trading environment with competitive spreads and a variety of account types to suit different trading needs.
Grand Capital - offers a diverse range of trading services and platforms, making it suitable for both beginner and experienced traders.
Ultimately, the best broker for an individual trader will depend on their specific trading style, preferences, and needs.
Based on the regulatory information provided, including the licenses from Cyprus Securities and Exchange Commission (CYSEC, License No. 367/18), United Kingdom Financial Conduct Authority (FCA, License No. 850138), and Spain Comisión Nacional del Mercado de valores (CNMV, License No. 4892), it can be concluded that Fxview is a regulated broker. The regulatory oversight by these reputable authorities indicates that Fxview adheres to certain standards and regulations, which provides a level of security and protection for traders.
The segregation of client funds is an additional measure to safeguard client funds in the event of any financial issues with the broker. However, it is always recommended to conduct thorough research, read reviews, and exercise caution when choosing a broker, even if they are regulated.
Fxview offers a diverse range of over 100 financial instruments for trading, providing traders with a wide array of options to choose from. These instruments cover various asset classes, including Forex, Commodities, Indices, Stocks, and Cryptocurrencies. In the Forex market, traders can access major, minor, and exotic currency pairs, allowing for extensive currency trading opportunities. The availability of Commodities such as Gold, Silver, Oil, and Natural Gas enables traders to participate in the commodities market and take advantage of price movements.
Additionally, a selection of popular global Indices and Stocks offers exposure to the performance of leading stock markets and individual companies. Fxview also includes Cryptocurrencies like Bitcoin, Ethereum, and Litecoin, enabling traders to tap into the fast-growing digital currency market. With this diverse range of instruments, Fxview aims to cater to the trading preferences and strategies of a wide range of traders.
Fxview offers three types of trading accounts to cater to the diverse needs of traders. The first account is the demo account, which provides an opportunity for traders to practice their strategies and familiarize themselves with the trading platforms. The demo account comes with a generous virtual balance of $100,000, which can be refilled if the balance reaches zero. Traders can use the demo account for an unlimited duration, as long as there is activity within a 30-day period.
The second account type is the Raw ECN account, which is designed for traders seeking direct market access and tight spreads. This account is available on popular trading platforms such as MT4, MT5, and ActTrader, giving traders flexibility in their choice of platform. With the Raw ECN account, traders can benefit from competitive pricing, fast execution, and access to a wide range of trading instruments.
The third account option is the Islamic account, which is specifically designed for Muslim traders who follow Shariah law. This account type adheres to the principles of Islamic finance, where no interest (swap) is charged or paid on overnight positions. The Islamic account is available on the MT4 platform, offering Muslim traders the opportunity to trade in a manner that aligns with their religious beliefs.
Overall, Fxview's range of trading accounts provides flexibility, allowing traders to choose the account type that best suits their trading style, preferences, and religious considerations if applicable.
Fxview provides competitive leverage options for various asset classes, allowing traders to optimize their trading strategies and potential returns. For major currency pairs and golden pairs in the forex market, Fxview offers leverage of up to 500:1. This level of leverage allows traders to amplify their trading positions, potentially magnifying profits or losses.
For forex minor pairs, the leverage offered is up to 300:1, which still provides significant trading power. When it comes to indices, Fxview offers leverage of up to 200:1, enabling traders to take advantage of market movements in these popular instruments.
In the case of other commodities, such as precious metals and energies, the leverage offered by Fxview is up to 100:1. This leverage level allows traders to have greater exposure to these markets with a relatively smaller amount of capital.
For forex exotic pairs, Fxview provides leverage of up to 50:1, offering a balanced approach considering the typically higher volatility and risk associated with these currency pairs.
Lastly, when trading stocks and cryptocurrencies, Fxview offers leverage of 10:1. This lower leverage level reflects the inherent risks and unique characteristics of these asset classes.
Overall, Fxview's leverage options provide traders with flexibility and the ability to tailor their trading positions based on their risk appetite and market preferences. It is important for traders to carefully consider the risks associated with leverage and use it judiciously in their trading activities.
Fxview offers competitive spreads and a transparent commission structure, providing traders with favorable trading conditions. The spread on the popular EUR/USD currency pair starts from as low as 0.1 pips, ensuring tight pricing and efficient execution. This low spread helps traders minimize their trading costs and capture potential profit opportunities.
In addition to the spread, Fxview implements a fixed commission of $1 per 100,000 traded for all instruments. This commission structure is consistent across various asset classes, including forex, commodities, indices, stocks, and cryptocurrencies. The fixed commission allows traders to have a clear understanding of the transaction costs associated with their trades, promoting transparency and helping them make informed trading decisions.
By offering competitive spreads and a fixed commission, Fxview aims to provide its clients with cost-effective trading solutions, allowing them to optimize their trading strategies and maximize potential profits. Traders can take advantage of the tight spreads and transparent commissions to execute their trades efficiently and with confidence.
Below is a comparison table about spreads and commissions charged by different brokers:
Broker | EUR/USD Spread | Commissions |
Fxview | From 0.1 pips | $1/100K across all instruments |
Equiti | From 0.1 pips | Commission-free |
ForexMart | From 1.2 pips | Commission-free |
Grand Capital | From 2.2 pips | Commission-free |
Please note that spreads and commissions may vary depending on market conditions and account types offered by the brokers. It's always recommended to check with the respective brokers for the most up-to-date and accurate information.
Fxview provides a range of advanced trading platforms to cater to the diverse needs of traders. Clients have access to the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, renowned for their user-friendly interface, comprehensive charting capabilities, and a wide range of technical analysis tools. These platforms are available for desktop computers, Mac devices, iOS, and Android devices, ensuring seamless access to the markets from anywhere at any time.
In addition to MT4 and MT5, Fxview also offers the ActTrader platform, which provides a powerful trading environment with advanced features. The ActTrader platform is suitable for traders seeking a customizable trading experience and a broad range of order types. Whether traders prefer the flexibility of MT4, the enhanced features of MT5, or the versatility of ActTrader, Fxview ensures that they have access to cutting-edge trading technology.
MT4 | MT5 | ActTrader | |
Windows | √ | √ | √ |
Mac | √ | √ | × |
Android | √ | √ | √ |
iOS | √ | √ | √ |
Web Trader | √ | √ | √ |
See the trading platform comparison table below:
Broker | Trading Platforms |
Fxview | MT4, MT5, ActTrader |
Equiti | MT4, MT5, EquitiGO |
ForexMart | MT4 |
Grand Capital | MT4, MT5, WebTrader |
These platforms provide traders with various features, tools, and functionalities for effective trading. It's important to note that platform availability may vary depending on the broker's offering and account types.
Furthermore, Fxview supports copy trading, allowing clients to follow and replicate the trades of successful traders in real-time. This feature is beneficial for both novice traders looking to learn from experienced traders and busy traders who prefer a hands-off approach. Copy trading provides an opportunity to tap into the expertise of seasoned traders and potentially achieve consistent returns.
Fxview provides a comprehensive range of trading tools and resources to enhance the trading experience and support traders in making informed decisions. Traders can take advantage of Virtual Private Server (VPS) hosting services, which offer uninterrupted access to the markets and ensure smooth trading execution, especially for automated trading strategies.
The Trader's Tool Box offered by Fxview includes a collection of handy tools designed to assist traders in analyzing the markets and making informed trading decisions. These tools may include market sentiment indicators, correlation matrices, pivot point calculators, and more.
Indicator Packages are also available, offering a wide selection of technical indicators that traders can integrate into their trading strategies to gain insights into market trends, momentum, and potential entry or exit points.
For advanced traders and developers, Fxview supports API trading, allowing them to connect their own trading systems or algorithms directly to the broker's trading infrastructure for efficient and automated trading.
ZuluTrade and MQL5 are popular social and copy trading platforms integrated with Fxview, enabling traders to automatically copy the trades of successful traders and signal providers. This feature is beneficial for traders looking to follow the strategies of experienced traders and diversify their trading portfolios.
The Economic Calendar provided by Fxview keeps traders updated on important economic events, news releases, and market events that can impact financial markets. It helps traders stay informed and make well-timed trading decisions based on fundamental factors.
Additionally, Fxview offers a range of Trading Calculators that assist traders in determining position sizes, calculating pip values, and managing risk effectively.
With a wide array of trading tools and resources, Fxview equips traders with the necessary tools to analyze markets, automate trading strategies, follow successful traders, and make informed trading decisions based on both technical and fundamental factors.
Fxview offers a variety of convenient and secure options for both deposits and withdrawals. Traders can fund their accounts using Bank Transfer, Payretailers, Rapid OZOW, Visa & MasterCard, Skrill, Neteller, and Cryptocurrencies. This wide range of payment methods ensures flexibility and accessibility for traders worldwide.
The minimum deposit requirement at Fxview is set at $50, providing an affordable starting point for traders of different budget levels. The minimum withdrawal amount is $5, allowing traders to easily access their funds when needed.
Fxview | Most other | |
Minimum Deposit | $50 | $100 |
One of the advantages of Fxview is that there are no fees charged for deposits and withdrawals, making it more cost-effective for traders.
Deposits made via Bank Transfer, Payretailers, and Rapid OZOW are usually processed within 1 working day, ensuring quick access to trading funds. Deposits made through Visa & MasterCard, Skrill, Neteller, and Cryptocurrencies are instant, allowing traders to start trading without delay.
When it comes to withdrawals, Fxview strives to provide efficient and timely processing. All withdrawal requests are processed within 1 working day, ensuring that traders can access their funds promptly. This allows traders to have control over their profits and manage their finances efficiently.
Overall, Fxview offers a straightforward and convenient deposit and withdrawal process, with a variety of payment methods, low minimum deposit and withdrawal amounts, and efficient processing times. Traders can choose the most suitable option for their needs, ensuring seamless transactions and access to their funds when required.
Fxview stands out with its customer-friendly approach when it comes to fees and bonuses. The broker does not charge any fees for deposits and withdrawals, allowing traders to efficiently manage their funds without incurring additional costs. Moreover, there is no inactivity fee imposed, providing flexibility for traders who may have periods of low trading activity.
In terms of bonuses, Fxview offers enticing opportunities to enhance trading capital. The refer-a-friend bonus allows traders to earn rewards by referring their friends to the platform, creating a win-win situation for both parties. Additionally, Fxview provides a 100% deposit bonus, which effectively doubles the initial deposit and provides traders with a boost to their trading capital.
These bonuses can be beneficial for traders looking to maximize their potential profits and increase their trading opportunities. However, it's important for traders to carefully review and understand the terms and conditions associated with these bonuses, as certain requirements and restrictions may apply.
Overall, Fxview's fee structure, with no fees for deposits, withdrawals, and inactivity, coupled with attractive bonus offerings, showcases the broker's commitment to providing a transparent and rewarding trading experience for its clients. Traders can take advantage of these features to optimize their trading activities and potentially enhance their profitability.
Fxview provides a comprehensive customer service experience for its clients. Traders can access 24/5 live chat support, ensuring prompt assistance with any inquiries or issues they may have. Additionally, phone support is available during specified hours, allowing for direct and personalized communication.
For those preferring written communication, email and online messaging options are provided, ensuring multiple channels of contact. The broker also displays its company address openly, promoting transparency and accessibility.
Clients can benefit from the extensive Frequently Asked Questions (FAQs) section on the website, which addresses common queries. Furthermore, Fxview maintains a strong social media presence, including platforms such as Twitter, Facebook, Instagram, Reddit, and LinkedIn, allowing traders to stay updated and engage with the broker's community.
Overall, Fxview's customer service offerings strive to provide reliable and responsive support to meet the needs of their clients.
Pros | Cons |
• 24/5 live chat support | • No 24/7 support |
• Multiple channels for communication | |
• Openly disclosed company address | |
• Active presence on social media platforms | |
• Access to FAQs |
Note: These pros and cons are subjective and may vary depending on the individual's experience with Fxview's customer service.
Fxview places great importance on trader education and offers a range of educational resources to empower their clients. Traders can benefit from a comprehensive Forex Glossary, which provides definitions and explanations of key terms and concepts used in the forex market. The broker also offers video tutorials, which are valuable learning tools for both beginner and experienced traders. These tutorials cover various topics, including platform navigation, trading strategies, technical analysis, and more.
To stay informed about market developments, Fxview provides market news and insights. Traders can access timely and relevant updates on market trends, economic events, and important announcements that may impact their trading decisions. This helps traders stay ahead of the curve and make informed trading choices.
Additionally, Fxview organizes webinars where traders can participate in live educational sessions conducted by market experts. These webinars cover a wide range of topics, including trading strategies, risk management, technical analysis, and fundamental analysis. By attending these webinars, traders can gain valuable insights and enhance their trading knowledge.
Overall, Fxview's commitment to education is evident through its provision of a diverse range of resources such as the Forex Glossary, video tutorials, market news, insights, and webinars. These educational materials empower traders with the necessary knowledge and skills to make informed trading decisions and improve their trading proficiency.
In conclusion, Fxview emerges as a regulated and trustworthy broker with a range of attractive features for traders. The broker is regulated by reputable authorities, providing a sense of security and reliability. With a diverse selection of market instruments and competitive spreads, Fxview offers ample opportunities for traders to explore and engage in various trading strategies. The availability of multiple trading platforms, including MT4, MT5, and ActTrader, caters to the preferences of different traders.
Furthermore, the leverage options provided by Fxview allow for flexible trading positions. The customer-centric approach is evident in their robust customer service offerings, educational resources, and user-friendly website. While there are certain limitations, such as the regional restrictions, Fxview's overall offering positions it as a favorable choice for traders seeking a reliable and regulated broker.
Q 1: | Is Fxview regulated? |
A 1: | Yes. It is regulated by CYSEC, FCA, and CNMV. |
Q 2: | At Fxview, are there any regional restrictions for traders? |
A 2: | Yes. Fxview does not offer its services to residents of certain jurisdictions such as USA, Cuba, Sudan, Syria, North Korea, Myanmar, India and any other jurisdiction where offering such services may be contrary to local or international laws or regulations. |
Q 3: | Does Fxview offer demo accounts? |
A 3: | Yes. You can use the demo account for as long as you wish. The account only gets deactivated if there is no activity for 30 consecutive days. |
Q 4: | Does Fxview offer the industry leading MT4 & MT5? |
A 4: | Yes. Fxview supports MT4, MT5, and ActTrader. |
Q 5: | What is the minimum deposit for Fxview? |
A 5: | The minimum initial deposit to open an account is $50. |
Q 6: | Is Fxview a good broker for beginners? |
A 6: | Yes. Fxview is a good choice for beginners because it is regulated well and offers various trading instruments with competitive trading conditions on the leading MT4 and MT5 platforms. Also, it offers demo accounts that allow traders to practice trading without risking any real money. |