Fxview review and ratings

Established 2017
Location Cyprus South Africa Mauritius
Regulation CySEC, FSCA, FSC
Offices Limassol, Johannesburg, Ebene
Broker type STP | ECN
Leverage up to 1:500 (1:30 for EU clients)
Deposit from 50 USD
Spreads low  low
Platforms Web MetaTrader 4 MetaTrader 5 Specific FIX API
Instruments Currencies Crypto Indices Metals Energies Stocks
Funding methods Wire Transfer Credit Cards Skrill Neteller Bitcoin Ethereum Tether Giropay Klarna Przelewy24

Company information

Fxview group includes 3 related companies.

Fxview CY - located in Cyprus, regulated by the Cyprus Securities and Exchange Commission (CySEC).
Fxview SA - located in South Africa, regulated by the Financial Sector Conduct Authority (FSCA).
Fxview MU - located in Mauritius, regulated by the Financial Services Commission (FSC).

Fxview is also a member of The Financial Commission (FinaCom), an organisation specialising in managing disputes between brokers and traders.

Be aware, CY company has some trading restrictions because of the European Securities and Markets Authority (ESMA) influence.

Availability

Fxview group accepts clients from all over the world, excluding USA, Cyprus, Crimea, Cuba, India, Iran, North Korea, Sudan, Syria, Lebanon, Belarus, Afghanistan, Congo.

Distinctive features

Trading instruments

Forex broker offers the following underlying assets for trading.

70+ Currency Pairs Based on major and minor world currencies.
5 Crypto Pairs Based on Bitcoin, Bitcoin Cash, Ethereum, Litecoin, Ripple.
11 Indice CFDs Based on baskets of different blue-chip stocks.
5 Metal CFDs Based on Gold and Silver.
3 Energy CFDs Based on Crude Oil (WTI, Brent) and Natural Gas.
400+ Stock CFDs Based on shares of US, UK and EU companies.

Comprehensive review

Fxview is a forex broker regulated by CySEC (Cyprus) and FSCA (South Africa), and registered in multiple jurisdictions around the world. The company offers trading in nearly all forex pairs, as well as stock indices, precious metals, and some energy commodities, all with high leverage and relatively low spreads.

Like many other international brokers, Fxview accepts European traders only under their EU entity (Charlgate Ltd), while clients from global jurisdictions have the option to register with Fxview Global (Finvasia Capital Ltd), an offshore entity operating in Mauritius. Fxview Global offers higher flexibility in terms of trading and their clients can utilize leverage of up to 1:500. It's also important to note that Fxview Global keeps segregated accounts for clients and corporate funds and is a member of the Financial Commission for fairer solutions in case of a client dispute.

With Fxview, traders can choose to use either the classic and still-popular platforms MetaTrader 4 or 5 (MT4/MT5), or they can go with the lesser-known ActTrader platform. All of these platforms exist in a downloadable version for Windows desktop computers, a web version for use on any type of computer, and as mobile versions for Apple and Android smartphones.

Noteworthy about the ActTrader is that despite having a somewhat simpler design than the MetaTrader, the platform contains many of the same features. Among other things, this includes fully automated robot trading, the ability to create trading bots, one-click trading, and fully customizable charts. What the platform is missing, however, is the vast marketplace for automated trading strategies and indicators that can be found on MetaTrader, and which no other platforms can really match.

In addition to the platforms themselves, Fxview also offers access to the real time market scanner Autochartist, the copy trading tool ZuluTrade, a free package of custom trading indicators, as well as a “Trader’s Tool Box” with a number of other useful trading tools.

In terms of the types of trading accounts new users can choose from, Fxview has made it simple for its clients. The broker offers only a Raw ECN account with low spreads and a fixed and relatively low commission of USD 1/100k traded. According to the broker itself, it does “not discriminate between traders,” and therefore offers “institutional grade spreads and high quality of execution to all.”

Besides the competitive commissions, the spreads between buy and sell prices on trading instruments are also reasonable with Fxview, starting from 0.0 pips on the most liquid instruments.

When it’s time to fund a trading account with Fxview, this can easily be done free of charge from the broker’s side via either bank transfers, credit & debit cards, as well as the e-wallet services Skrill, Neteller, GiroPay, Klarna and Przelewy24.

Trading accounts can be funded with and denominated in either EUR, USD, GBP, AUD or ZAR.

Lastly, Fxview's customer service can be reached via phone, live chat or email, with support agents being available to handle inquiries 24 hours a day on all trading days. This is something we always appreciate, and that we would ideally like to see from all brokers.

In conclusion, we see Fxview as a serious player in the forex broker industry, given that it is overseen by multiple regulatory agencies both in Europe and overseas. The broker also has relatively low spreads and commissions, and we actually like the fact that it only offers one account type that already comes with the best trading conditions that the broker has to offer. This could make it a good choice for traders with small trading accounts in particular.

One drawback with Fxview, however, is that the selection of trading instruments outside of just forex is quite limited, with only a handful of indices and commodity CFDs to trade. A better selection here would make this broker stand out even more from its competitors in our view.

Reviews from traders

4.76/5
(37 votes)
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