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 1:1000 (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), FSC (Mauritius), and FSCA (South Africa). Like many forex brokers, Fxview operates separate websites for the EU (fxview.com) and all other regions (fxview.com/global). The company offers trading in nearly all forex pairs, as well as stock indices, single stocks, cryptocurrencies, precious metals, and some energy commodities. Spreads are generally low, and the trading leverage available outside of the EU is super high at up to 1:1,000.

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). It's important to note that Fxview Global keeps segregated accounts for clients and corporate funds, and that it is a member of the Financial Commission (FinaCom), an independent body that can assist in dispute resolution between forex brokers and their customers.

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 platform 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 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, the offering differs depending on which jurisdiction the client is located in. For EU-based clients, Fxview has chosen to focus on a single Raw ECN account with low spreads and a fixed and relatively low commission for its European clients. According to the broker itself, it does “not discriminate between traders,” and therefore offers “institutional grade spreads and high quality of execution to all.”

For non-EU users, on the other hand, three regular account types, as well as a swap-free Islamic account, are available. At the time of writing, these are:
– Zero Commission account, with a $50 minimum deposit, spreads from 0.6 pips, and no commissions
– RAW ECN Account, with a $50 minimum deposit, spreads from 0 pips, and commissions from $2/$100k traded
– Premium ECN Account, with a $5,000 minimum deposit, spreads from 0 pips, and commissions from $1/$100k traded

When it's time to fund a trading account with Fxview, international clients can easily do this via either bank transfers, credit & debit cards, the cryptocurrencies Bitcoin (BTC), Ethereum (ETH), Tether (USDT) and USD Coin (USDC), as well as the e-wallet services Skrill, Neteller, and Help2Pay. Within the EU, the choices are a bit different, with additional e-wallet options such as Klarna, Giropay, Przelewy24 and Nordea Solo. Crypto funding, however, is not available to EU users.

Trading accounts can be denominated in either EUR, USD, CAD, GBP, AUD, CAD 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 in Europe 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.

Reviews from traders

4.76/5
(37 votes)
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