FXVC -Some Detailed Information about This Broker

General Information& Regulation

FXVC was initially established in 2014, an online trading brokerage when it comes to CFDs and covers a vast selection of financial markets, such as indices, stocks, commodities, forex, and cryptocurrencies. FXVC is the trading name of Finteractive Ltd a company incorporated in Cyprus with incorporation number HE325259, authorized and regulated by Cyprus Securities and Exchange Commission (CySEC) under license No.238/14, with a registered address at Glastonos 116 M.Kyprianou House, Floor 3 and 4, 3032, Limassol Cyprus and business address at Glastonos 110 corner of Mesolongiou street, Ayias Trias 3032, Limassol Cyprus. Finteractive Ltd provide investment and ancillary services to residents of the European Economic Area and Switzerland (exempt Belgium, Latvia, United Kingdom and France).

Market Instruments

FXVC offers users the ability to trade on more than 250+ financial CFD instruments covering Forex, Commodities, Crypto, Stocks and Indices on its own proprietary, web-based trading platform.

Minimum Deposit

FXVC offers a tiered account system. They offer bronze, silver, gold, platinum and VIP service, depending on the size of the deposit that a user makes. The deposit size defines your account level, with the minimum deposit size being 2500 Euro, which lands you a bronze account, and the highest account type deposit being two hundred fifty thousand euros.

Leverage

The maximum leverage offered by FXVC for major currency pair is up to 1:300, for minors up to 1:200.

Spreads & Commissions

Trading costs with FXVC differ depending on the asset class and account type opened. Trading is generally commission-free with just spreads and swaps payable. However, these differ depending on which type of account is opened. FXVC provides detailed information regarding the spreads and overnight funding charges for different instruments available to trade on via the Basic, Bronze, Silver, Gold, Platinum and VIP accounts, as shown below:

Forex Trading

Swaps

Trading Platform

FXVC offers its own proprietary platform for trading that is completely web-based. The platform can be accessed by any browser on any desktop or mobile device. However, there is no FXVC Mt4 platform, which might seem like a shame to a large number of traders.

Deposit & Withdrawal

FXVC offers users the ability to deposit funds commission-free in EUR / USD / GBP, from the following methods: Visa, Mastercard, Maestro, PayPal, Skrill, Paysafecard, Ideal, Sofort, Wire Transfer, Trustly, Netller, EuTeller, EPS and Giropay. Most methods have instant funding times with wire transfer 2-5 business days. Users can also withdraw funds via the following methods: Visa, Mastercard, Maestro, Wire Transfer, PayPal, Skrill, Paysafecard, Ideal, Neteller and Trustly. The minimum amount users can withdraw is 35 EUR / USD / GBP with processing times of 24 hours.

Customer Support

FXVC further impresses with a phenomenal customer support desk that is available from Monday to Friday, 03:00 am to 17:00 pm. Traders can reach a representative through several contact channels, including email, telephone, and a live chat facility. Traders can also visit the site directly to fill in a questionnaire where a representative will get back to them within 24 hours. The site also comes equipped with a FAQ section which is quite comprehensive along with video courses and e-books to assist them with trading online.