Fxview Forex Review

Read our full Fxview review to get exact details about their safety, accounts, spreads, platforms, assets, support, and many more. Our unbiased Fxview opinion allows our readers to decide whether Fxview is a reliable broker.

Fxview Forex Broker History

Fxview has been around for years, making it very experienced in the brokerage industry. The broker has a very refined website, which is both modern-looking and practical. All information about trading is transparently disclosed on the broker’s website, and the broker really seems like a broker that has built its website according to high standards. It offers diverse accounts, platforms, support options, and access to a multitude of different trading assets.

Overall, the broker has a solid history and offers competitive trading services. However, we have found some red flags which we will analyze below.

Fxview broker safety

Safety is paramount in online financial trading, as there are lots of scams and unethical firms trying to steal traders’ money. Regulations are the only way for traders to ensure their broker is responsible.

Fxview is a website and trading name owned and operated by two entities, Charlgate Ltd and Finvasia Capital South Africa (PTY) LTD.

Here are the entities and their license origins:

• Charlgate Ltd – Cyprus Securities and Exchange Commission (CySEC)
• Finvasia Capital South Africa (PTY) LTD – Financial Sector Conduct Authority South Africa (FSCA)

As for the security policies, the broker keeps client funds in segregated bank accounts. This policy ensures brokers’ operational capital and traders’ funds are on separate bank accounts. All trading accounts offered by Fxview are protected by the negative balance protection policy, preventing traders from losing more than their initial investment. This policy is especially crucial for beginners as the broker allows them to use up to 1:1000 leverage, which makes it super easy to go into the minus due to overleveraged trading.

However, the broker has several negative comments from traders claiming it erased profits on several occasions without any solid arguments, which is a serious safety concern.

Fxview Broker Review of Accounts

FXView trading accounts are diverse and include Raw ECN, Premium ECN, and Islamic options. The Islamic account seems especially competitive with swap-free conditions and low minimum deposit requirements, coupled with competitive spreads. Let’s analyze each of these accounts to define whether the broker truly offers any value to traders.

The Fxview Raw ECN trading account has the following conditions:

• Minimum deposit – $50
• Maximum leverage – 1000:1
• Spreads from – 0.0 pips
• Commissions – $2 per side per lot ($4 round trip)
• Minimum lot size – 0.01 lots
• Account base currencies – EUR, USD, AUD, CAD, ZAR

The Fxview Premium ECN offers the following:

• Minimum deposit – $5,000
• Maximum leverage – 1:10000
• Spreads from – 0.0 pips
• Commissions – $1 per side per lot ($2 round trip)
• Minimum lot size – 0.01 lots
• Account base currencies – EUR, USD, AUD, CAD, ZAR

The FXview Islamic account has very competitive conditions:

• Minimum deposit – $50
• Maximum leverage – 1000:1
• Spreads from – 0.0 pips
• Commissions – $2 per side per lot ($4 round trip)
• Minimum lot size – 0.01 lots
• Account base currencies – EUR, USD, AUD, CAD, ZAR

Overall, the offerings of Fxview seem very competitive. However, coupled with claims of removed profits, it might be too good to be true, where the broker advertises the best conditions in the world, only to scam away people’s money.

Fxview instruments

Fxview trading assets are diverse, including FX pairs, commodities, indexes, cryptos, and even stocks. Most of these assets are CFDs with an ECN execution model, ensuring traders can employ scalping methods. With the leverage of 1:1000, traders are provided with an opportunity to control large trading positions, which is both flexible and risky at the same time. Spreads are low, and commissions are super competitive.

Fxview Reviews of Trading Platforms

Trading platform offerings from Fxview include advanced MetaTrader 5 (MT5), copy trading ZuluTrade platform, and ActTrader. All platforms are also offered as a mobile app, enabling trading on the go, and both custom indicators and Expert Advisors are allowed by the Fxview broker. ActTrader is a relatively unpopular platform, but it offers many advanced features like one-click trading and superior customization options.

Fxview Forex Review of Extra Features

Fxview excels in providing abundant extra features like free VPS, promotions, and educational resources, coupled with market analysis tools and indicators. There is a 100% deposit bonus available, which is competitive. From extra features, there are VPS services, copy trading via ZuluTrade, and several other features. From market tools, traders can use multiple calculators and an economic calendar. The calendar is crucial to monitor macroeconomic dynamics and analyze markets fundamentally.

Fxview Reviews of Customer Support

Fxview offers diverse choices when it comes to customer support options. There are live chat, email, phone support, WhatsApp, and even Telegram channels. This is very flexible and comfortable. All support options, as well as the website of FXview, are provided in many different languages, making the broker a multi-lingual brokerage company.

Fxview Deposit and Withdrawal

The broker accepts many different payment methods for both deposits and withdrawals. Traders can use local and international bank transfers, Visa &MasterCard bank cards, Skrill, Neteller, Help2Pay, and cryptocurrencies (BTC, USDT, ETH, USDC). The broker won’t charge fees on transactions, which is a flexible approach. Deposits are mostly instant, depending on the payment method, and withdrawals are processed within one working day, which is very competitive in this sector.

Fxview Review Conclusion – Can you trust this broker?

Fxview offers appealing trading conditions, such as high leverage, low spreads, several different account types, and a diverse platform choice. It is regulated in Cyprus and South Africa, provides negative balance protection, and account segregation, which provides some legitimacy. However, there are trader complaints about profit erasure, which makes it a risky broker. As a result, traders should be very careful when dealing with this broker, despite its appealing conditions and competitive specs.

FAQs on Fxview

Is Fxview a scam?

Fxview scam is still possible despite its two licenses, as there are some complaints from traders about the profit erasure, making the broker very risky.

What is the FXview minimum deposit?

The smallest minimum deposit at Fxview starts from 50 USD for standard and Islamic accounts, while the premium accounts start from 5,000 USD.

Is Fxview a cheap broker?

Yes. Fxview offers tight spreads from 0.0 pips on all of its accounts and commissions are super low from 2 USD and 1 USD depending on the account type, making it a very cost-effective broker, on paper.