Fxview group includes 2 related companies.
Fxview CY - located in Cyprus, regulated by the Cyprus Securities and Exchange Commission (CySEC).
Fxview SVG - legally registered entity located in Saint Vincent and the Grenadines, but not regulated by any government agency.
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.
At the same time, SVG company accepts European traders, so one can open a trading account there.
Fxview group accepts clients from all over the world, excluding USA, Cyprus, Crimea, Cuba, India, Iran, North Korea, Sudan, Syria.
Forex broker offers the following underlying assets for trading.
|70+ Currency Pairs||Based on major and minor world currencies.|
|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.|
Registered and regulated in multiple jurisdictions around the world, Fxview is a forex & CFD broker that caters to traders all over the world. The broker offers trading in nearly all forex pairs, as well as stock indices, precious metals, and some energy commodities, all with high leverage and fairly low spreads.
Like many other forex brokers, Fxview has one regulated entity registered in Europe (in Cyprus in this case), and several other offshore entities registered in other parts of the world. And although the common practice is that EU-based traders must sign up with the entity regulated in the EU, Fxview allows anyone to sign up with the offshore entity by going to fxview.com/global. This opens up an easy way for European traders to take advantage of the high trading leverage of up to 1:500 that is available offshore.
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 fairly 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 decent 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, or AUD.
Lastly, Fxview’s customer service can be reached via a UK phone number, 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 fairly 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.