If you’re looking for, you might have come across Fxview, and most likely you will also be looking for FXView Broker Review. Established in 2017, Fxview has quickly built a strong reputation despite being a relatively new player in the industry. The broker offers a wide range of financial instruments, including Forex, CFDs, and cryptocurrencies, catering to both beginner and experienced traders.
One of the standout features of Fxview is its competitive trading conditions, including low spreads starting from 0.0 pips, multiple trading platforms, and institutional-grade execution quality. The broker is also well-regulated by multiple financial authorities, ensuring a safe trading environment for its clients.
In this detailed Fxview review, we will explore its regulatory framework, account types, trading platforms, spreads, fees, and customer support, helping you determine whether Fxview is the right broker for your trading needs.
Regulatory Bodies
Before we dive into the details, it’s important to mention that Fxview is a regulated broker, registered with:
- Cyprus Securities and Exchange Commission (CySEC) in Cyprus
- Financial Sector Conduct Authority (FSCA) in South Africa
- Financial Services Commission (FSC) in Mauritius
- Securities and Exchange Board of India (SEBI)
- Multiple EU authorities
Also FXView is member of Member Of Investor Compensation Fund (ICF).
This requires the broker to follow strict rules and regulations to ensure the protection of its clients.
Type of Trading Accounts & Leverage
Fxview offers three trading account types tailored for both beginners and experienced traders, allowing them to benefit from institutional-grade spreads, high-quality execution, and competitive trading conditions. EU clients can access the RAW ECN Account, while, global clients have access to all three account types, including RAW ECN, Premium ECN, and Zero Commission Accounts.
Leverage EU Customers
The RAW ECN Account provides leverage of up to 1:30 for EU clients, ensuring compliance with regulatory standards.
Leverage Global Customers
RAW ECN, Premium ECN, and Zero Commission Accounts, with leverage of up to 1:1000, offer to global clients greater flexibility for diverse trading strategies.
FXView Broker Review: Assets Available
Fxview offers a wide range of 500+ assets for trading. You can trade over 70 currency pairs, including majors, minors, and exotics. The broker also offers CFDs on commodities, indices, and stocks. If you’re interested in cryptocurrencies, you’ll be happy to know that Fxview also offers trading in Bitcoin, Ethereum, Bitcoin Cash, Litecoin, and Ripple , keeping in mind that it is only for global clients.
Platforms Offered
Fxview offers three trading platforms: ActTrader, MetaTrader 4 (MT4) – for EU customers only, and MetaTrader 5 (MT5) – for Global customers only as well as Social Trading with ZuluTrade. MT4 is the most popular trading platform in the industry, and it’s known for its user-friendly interface and advanced charting tools. MT5, on the other hand, is a newer platform that offers more advanced features and improved performance. Both platforms are available for desktop and mobile devices. Additionally, ActTrader is a comprehensive platform for trading that offers advanced features. ZuluTrade is also available on Fxview, which enables clients to copy trades out of traders from around the world.
Fxview Broker Review: Spreads
Competitive spreads starting from 0.0 pips for some currency pairs.
Fxview Review: Fees and Commissions
Fxview charges a commission from $0 for Global customers (Zero Commission Account) and a commission of $1 per trading volume of $100K for EU customers. However, there are other fees to consider, such as overnight financing charges for holding trades overnight. In addition, Fxview doesn’t charge any fees on deposits and withdrawals, nor on inactive accounts.
tools and educational resources
Fxview offers a comprehensive suite of tools and educational resources designed to enhance the trading experience for both novice and experienced traders.
Trading Tools:
- Virtual Private Server (VPS): Ensures low-latency and uninterrupted trading by providing a dedicated server environment.
- Trader’s Tool Box: A collection of premium trading and analytical tools, including:
- Alarm Manager: Automates trading actions and notifications.
- Correlation Matrix: Displays real-time correlations between various instruments.
- Market Manager: Offers a comprehensive market overview and trade execution capabilities.
- Session Map: Visual representation of global market sessions and related data.
- Excel RTD: Integrates trading data into Excel for advanced analysis.
- Indicator Packages: Enhance trading strategies with advanced indicators such as:
- Mini Chart: Allows multi-timeframe and comparative analysis within a single chart.
- Pivot Points: Identifies potential support and resistance levels.
- Renko Bars: Filters out minor price movements to highlight significant trends.
- Trading Calculators: Assist in risk management and planning by calculating parameters like position size, margin requirements, and potential profits or losses.
- Economic Calendar: Keeps traders informed about upcoming economic events and announcements that could impact market movements.
Educational Resources:
- Forex Glossary: A comprehensive dictionary of trading terms to help traders familiarize themselves with industry jargon.
- Market News: Regular updates and analyses on market trends, helping traders stay informed about the latest developments.
- Educational Blogs: In-depth articles covering various trading topics, strategies, and common pitfalls to educate and inform traders.
- Webinars: Live sessions conducted by trading experts, offering insights into market analysis, trading strategies, and platform tutorials.
- Market Holidays: Information on global market holidays to help traders plan their trading activities effectively.
Fxview Review: Pros and Cons of FXView Broker
Pros
- 100% Deposit Bonus (only for global)
- Regulated: As mentioned earlier, Fxview is regulated by several reputable regulatory bodies, which means that your funds are protected and you can trade with peace of mind.
- Wide Range of Assets: Fxview offers a wide range of assets for trading, including currency pairs and cryptocurrencies (only for global). All of trading instruments are CFDs.
- Competitive Spreads: The broker offers competitive spreads starting from 0.0 pips, which can help you save on trading costs.
- Multiple Platforms: Fxview offers three trading platforms, all of which are available for desktop and mobile devices, giving you more flexibility in how you trade.
- Good educational resources including glossary of trading terms, market news and video tutorials
- Live chat and email support
- Multiple support languages: English, Greek, French, German, Russian and 8 additional languages.
- Multiple deposit and withdrawal options.
- Loyalty and Refer a Friend Programs (only for global)
- Multiple Account Currencies: Global – EUR, USD, GBP, AUD, ZAR, CAD / EU – EUR, USD, GBP.
- Zero Cost Funding (only for global)
- Commission starts from $0
- Maximum Leverage of 1000x for global clients
Cons
The only disadvantage we could highlight is that FXView does not accept US citizens as clients.
Fxview Broker Review: Conclusion
Fxview is a well regulated Forex broker that presents an extensive selection of tradable assets and highly competitive spreads. The broker prioritizes transparency and affordability, striving to offer customers the lowest spreads and commissions in comparison to other players in the industry. By providing multiple trading platforms, a diverse range of trading tools, cutting-edge technology, and exceptional multilingual client support available 24/5, Fxview ensures a comprehensive trading experience for its clients. In conclusion, Fxview emerges as a favorable option for traders seeking a regulated broker with a diverse range of assets and competitive spreads.
