FXView Review

Edited by: Louis Schoeman

 

FXView-Review

Overall, FXView is known for its fair-trading conditions and is ranked trustworthy with a rating of 8 out of 10. FXView Review has an excellent all-round offering, a range of trading assets, tutorials, and guides. 

 

FXView Review – 13 key points quick overview:

  1. ☑️Overview
  2. ☑️At a Glance
  3. ☑️FXView Account Types 
  4. ☑️How to Open an FXView Account 
  5. ☑️FXView Deposit & Withdrawal 
  6. ☑️Trading Instruments & Products 
  7. ☑️FXView Trading Platforms and Software 
  8. ☑️Spreads and Fees 
  9. ☑️Leverage and Margin 
  10. ☑️Educational Resources 
  11. ☑️Pros & Cons 
  12. ☑️Security Measures 
  13. ☑️Conclusion 

 

Overview

Overview

Furthermore, FXView is a global forex and CFD broker established in 2009 by the Finvasia Group. The company aims to provide exceptional trading conditions to all traders, focusing on transparency, cost-effectiveness, and cutting-edge technology.

Rooted in Finvasia’s expertise in the financial services industry, FXView has managed funds for Wall Street institutions and led technological advancements. Established to make trading accessible to all, FXView offers top-notch conditions previously only available to big investors.

The broker has obtained regulatory oversight from reputable entities like CySEC and FSCA, demonstrating its commitment to empowering traders and maintaining industry standards. Moreover, with a global presence, FXView caters to traders in over 180 countries, showcasing its ability to customize services for a wide range of clients.

 

How does FXView cater to traders from various countries? 

Additionally, FXView provides bilingual service and welcomes customers from over 180 countries, showcasing its worldwide reach and flexibility to a wide range of trading requirements.

 

Does FXView have any bonus or loyalty programs? 

Yes, FXView offers perks to encourage and reward traders, such as a 100% deposit bonus and loyalty and referral programs. 

 

At a Glance

🗓 Established Year2009
⚖️ Regulation and LicensesCySEC, FSCA, FSC, SEBI
🪪 Ease of Use Rating4/5
📞 Support Hours24/5
💻 Trading PlatformsActTrader, MetaTrader 4, MetaTrader 5, ZuluTrade
🛍 Account TypesZero Commission, Raw ECN, Premium ECN
🤝 Base CurrenciesEUR, USD, GBP, AUD, CAD, ZAR
📊 Spreads0.0 pips
📈 Leverage1:500
💸 Currency Pairs70; major, minor, and exotic pairs
💳 Minimum Deposit50 USD
🚫 Inactivity FeeNone
🗣 Website LanguagesEnglish, Spanish, Chinese, Arabic, Vietnamese, German
💰 Fees and CommissionsSpreads from 0.0 pips; commissions from $1 per 100,000 USD traded
✅ Affiliate ProgramYes
🏦 Banned CountriesUnited States, North Korea, Sudan, Cuba, Myanmar, India, Syria, and others
✔️ ScalpingYes
📉 HedgingYes
🎉 Trading InstrumentsYes
🎖 Open an Account👉 Open Account

 

FXView Account Types 

FXView Account Types 

Zero Commission Raw ECN Premium ECN
✅ AvailabilityAll; ideal for casual traders and beginners All; ideal for experienced traders All; ideal for scalpers and high-volume traders
🛍 MarketsAll All All
💸 CommissionsNone; only the spread is charged $2 per 100,000 USD traded, per side $1 per 100,000 USD traded, per side
💻 PlatformsAll All All
📊 Trade SizeFrom 0.01 to 100 lots From 0.01 to 100 lots From 0.01 to 100 lots
📈 LeverageUp to 1:500 Up to 1:500 Up to 1:500
💰 Minimum Deposit50 USD 50 USD 5,000 USD
🎖 Open an Account👉 Open Account👉 Open Account👉 Open Account

 

Zero Commission Account 

Moreover, the FXView Zero Commission Account provides access to various trading instruments, including forex, commodities, indices, and cryptocurrencies, enabling traders to diversify their portfolios. Additionally, the account features advanced trading tools and platforms, ensuring a seamless and efficient trading experience. With transparent pricing, competitive spreads, and flexible leverage options, the Zero Commission Account is ideal for traders looking to optimize their trading strategies while minimizing costs.

 

Raw ECN Account 

The FXView Raw ECN Account also provides direct market access (DMA) and deep liquidity from top-tier liquidity providers, ensuring fast order execution and minimal slippage.

Traders can also access advanced trading tools and platforms, including MetaTrader 4 and cTrader, to enhance their trading experience. With transparent pricing, competitive spreads, and reliable execution, the Raw ECN Account suits professional traders seeking optimal trading conditions and cost-efficiency.

 

Premium ECN Account 

Moreover, the Premium ECN Account provides access to deep liquidity pools and fast order execution, ensuring traders can execute their strategies with minimal slippage.

Traders also benefit from personalized customer support and advanced trading tools to enhance their trading experience. With competitive pricing and institutional-grade trading conditions, the Premium ECN Account is well-suited for active traders looking for superior trading conditions and optimal performance.

 

Demo Account 

The FXView Demo Account offers a safe, 30-day trial for traders to practice and refine their strategies without real money investment. With $100,000 in virtual funds, it replicates real-market conditions across forex and cryptocurrencies. This tool is suitable for beginners and experienced traders. 

 

Islamic Account 

FXView’s Islamic Account offers a swap-free trading experience, ensuring adherence to Sharia law principles.  

Positions can be held overnight for up to three nights without swap fees, with fixed costs for each lot after this period. This allows Muslim traders to engage in markets while adhering to their religious beliefs. 

 

Can traders swap between account types in FXView? 

Indeed, FXView allows traders to quickly upgrade or downgrade their account types depending on their changing trading requirements and preferences. 

 

Are there any limitations to the markets that are accessible for trading using FXView’s account types? 

No, FXView account types provide access to all markets, including forex, commodities, indices, stocks, and cryptocurrencies, guaranteeing traders have a wide range of trading options. 

 

How To Open a FXView Account step by step

To register an account with FXView, follow these steps: 

Step 1:  Start the FxviewAccount Registration Process.

To open an FxviewAccount, the applicant can click the green “Register Now” button at the top of the Fxview Webpage.

How To Open a FXView Account step 1

Step 2:  Complete the FxviewAccount Registration Process.

For the account registration to be completed, the applicant will complete an online registration form and submit select information.

How To Open a FXView Account step 2

How long does it take to create an account with FXView? 

FXView strives for rapid verification procedures, generally completed within a few hours, allowing traders to access their client portal and begin trading. 

 

Is there a minimum age for establishing an account with FXView? 

Yes, traders must be at least 18 to establish an account with FXView and conduct trading operations. 

 

FXView Deposit & Withdrawal

Deposit Methods:

Deposits 

Bank Wire

✅Send a wire transfer request from your bank account to the FXView account information in your client portal. 

✅Include the appropriate reference code or transaction ID to connect the deposit to your trading account. Bank wire transfers sometimes take a few business days to settle. 

 

Credit or Debit Card 

✅Log onto your FXView client portal and go to the deposit area. 

✅Choose a credit or debit card as your payment option. 

✅Enter your card information (card number, expiry date, CVV) and deposit amount. 

✅To confirm the transaction,  follow the on-screen instructions. Card deposits are often instant. 

 

Cryptocurrency 

✅Choose your preferred cryptocurrency from the ones available on FXView. 

✅Obtain the FXView wallet address that corresponds to your chosen coin. 

✅Initiate a transfer from your cryptocurrency wallet to the specified FXView wallet address. Cryptocurrency deposits may need network confirmation before being reflected in your trading account. 

 

e-Wallets or Payment Gateways 

✅Choose your favorite e-wallet (such as Skrill or Neteller) or payment gateway from the alternatives provided by FXView. 

✅You will be redirected to the e-wallet/gateway’s website to access your account. 

✅Authorize the transfer of the requested amount into your FXView account. Deposits made using e-wallets and payment gateways are frequently handled quickly. 

 

Withdrawal Methods:

Withdrawals

💳 Payment Method🏛 Country⚖️ Currencies Accepted⏰ Processing Time
Bank Transfer (international) AllAED, AUD, BBD, BGN, BHD, CAD, CHF, CZK, DKK, EUR, GBP, GHS, HKD, HRK, HUF, ILS, JPY, KES, MWK, MXN, NOK, NZD, OMR, PHP, PKR, PLN, QAR, RON, RUB, SAR, SEK, SGD, THB, TND, TRY, TTD, UGX, USD, ZAR, ZMW 1 – 7 days
Local Bank Transfer AllUSD, EUR, GBP, AUD, CAD, ZAR Instant
Visa and MasterCard AllEUR, USD, GBP, AUD, ZAR Instant
Help2Pay AllUSD, EUR, GBP, AUD, CAD, VND, IDR, THB, PHP, MYR Instant
Skrill AllEUR, USD, GBP, AUD, ZAR, CAD Instant
Neteller All EUR, USD, GBP, AUD, ZAR, CAD Instant
Cryptocurrencies All BTC, USDT, ETH, USDC Instant

 

Bank Wire

✅Log into your FXView client interface and submit a withdrawal request. 

✅Choose bank wire transfer and enter your bank account information carefully. 

✅Enter the amount you want to withdraw and submit the request. Depending on your bank, withdrawal processing often takes several business days. 

 

Credit or Debit Cards 

✅FXView normally permits withdrawals up to the original deposit amount to be made to the card used for the most recent deposit. 

✅Make a withdrawal request using your credit/debit card in your client area. 

✅Enter the withdrawal amount (up to the deposited amount). Additionally, withdrawals to cards can take several business days to reflect in your card account

 

Cryptocurrency 

✅Create a withdrawal request and choose your chosen coin. 

✅Provide the correct crypto wallet address. 

✅Enter the withdrawal amount and go through the FXView procedure for confirmation. 

✅Before a cryptocurrency withdrawal can be processed, processing is often instant once confirmed. 

 

e-Wallets or Payment Gateways

✅Choose your favorite e-wallet or payment gateway. 

✅Enter your e-wallet/gateway account information correctly. 

✅Enter the withdrawal amount and submit your request. Withdrawals from an e-wallet often proceed rapidly. 

 

Can traders make deposits in any currency on FXView? 

Yes, FXView supports deposits in various currencies, allowing traders to fund their accounts in their chosen currency without incurring extra translation costs. 

 

Does FXView accept cryptocurrency deposits and withdrawals? 

Additionally, FXView accepts cryptocurrency deposits and withdrawals, allowing traders to fund and withdraw from their trading accounts using digital currencies.

 

Trading Instruments & Products 

FXView Trading Instruments

FXView offers the following trading instruments and products: 

Moreover, FXView provides a diverse range of 70 currency pairings, enabling traders to speculate on major, minor, and exotic forex pairs with leverage of up to 1:500 on key pairs, offering a significant chance to leverage even tiny market fluctuations.

Additionally, FXView traders may trade on five different commodities, allowing them to diversify their portfolios beyond currency pairings and trade on internationally significant commodities critical to economic sectors. They can serve as a hedge against inflation or currency depreciation.

FXView offers 11 indices for trading, each reflecting a basket of leading firm stocks in a certain area. These indices allow traders exposure to market sectors and the potential to bet on the economic performance of industries across many national economies.

FXView also has a large selection of 392 stocks, enabling traders to invest in some of the world’s largest firms and sectors with a leverage of 1:10. Lastly, with five cryptocurrencies available, FXView allows traders to access the dynamic crypto market by offering the ability to trade on the turbulent price movements of prominent digital currencies with a 1:10 leverage, reflecting investors’ rising interest in this asset class.

 

How many currency pairs can traders access using FXView? 

Moreover, FXView provides access to 70 currency pairs, encompassing major, minor, and exotic pairings. This allows traders to capitalize on a wide range of opportunities in the forex market.

 

Can traders buy individual stocks using FXView? 

FXView offers trading opportunities on 392 individual equities, enabling traders to participate in some of the world’s top firms and industries.

 

FXView Trading Platforms and Software 

FXView Trading Platforms and Software

MetaTrader 4 

MetaTrader 4 via FXView offers traditional trading features and cost-effective trading. Its simple interface, competitive spread, and low fee charge make it an excellent choice for traders seeking sophisticated technical analysis tools while staying within their budget.  

The platform’s reputation for dependability and extensive charting tools complements its transparent trading environment. 

 

MetaTrader 5 

When combined with FXView’s services, MetaTrader 5 enhances trading by offering access to 70 currency pairs and stocks. Its powerful trading and analytical technology complements FXView’s quick execution speeds, making it suitable for day traders and scalpers.  

MT5 offers depth and flexibility, with leverage options and spreads starting at 0.0 pips, making it a portal to classic and modern trading instruments. 

 

ActTrader 

Additionally, ActTrader presents ‘IFO’ charts, an exclusive visual tool utilizing fractal geometry, enriching FXView’s wide range of tradable assets.

This feature enhances the platform’s appeal to traders seeking innovation and practicality. Furthermore, ActTrader’s tailored analytical tools and competitive trading conditions offer a bespoke trading experience tailored to the needs of sophisticated traders.

 

ZuluTrade 

Moreover, the ZuluTrade-FXView partnership introduces an ‘Automator,’ a tailored trading bot providing accessible and potent trading solutions.

This collaboration combines FXView’s diverse range of tradable assets and favorable trading conditions with ZuluTrade’s community-oriented trading approach. The ‘Automator’ empowers traders with crowd knowledge and swift execution, catering to those seeking a dynamic and collaborative trading environment.

 

What are the main features of MetaTrader 4 on FXView? 

MetaTrader 4 on FXView offers a wide range of technical indicators, customizable chart templates, and automated trading capabilities through expert advisors (EAs).

Traders can easily access real-time market data, execute trades with one-click functionality, and implement advanced trading strategies.

With its stability, reliability, and versatility, MetaTrader 4 remains a popular choice among traders worldwide, providing a seamless trading experience.

 

What distinguishes ActTrader from other trading platforms offered by FXView? 

Additionally, ActTrader offers a user-friendly interface that allows traders to execute trades quickly and seamlessly.

This platform is ideal for novice and experienced traders seeking advanced charting tools and reliable order execution.

With ActTrader on FXView, traders can access a comprehensive suite of features to enhance their trading experience and achieve their financial goals.

 

FXView Spreads and Fees 

Spreads and Fees

Spreads 

Furthermore, FXView offers a competitive advantage with its narrow spreads, starting as low as 0.0 pips for popular currency pairings on the RAW and Premium ECN Accounts,

This is appealing to traders using large volumes or scalping tactics. The broker’s transparency approach ensures customers understand fees, making trading more predictable and controllable. FXView’s focus on liquidity providers’ spreads demonstrates their dedication to providing the best market prices.

 

Commissions 

Additionally, FXView offers a transparent, trader-friendly fee structure with a flat $1 commission rate for $100,000 traded on the Premium ECN and $2 on the RAW ECN Account, aiming to make trading accessible and cost-effective for beginners and professionals.

This transparent fee structure lets traders compute transaction costs without hidden fees, enhancing their trading strategy efficiency.

 

Overnight Fees 

FXView charges overnight fees for open trades, varying depending on the instrument and trading direction.  

However, the broker offers an Islamic Account for the first three nights, exempting Muslim traders from these costs. Positions maintained for more than three days are charged per lot. 

 

Deposit and Withdrawal Fees 

Furthermore, FXView offers free deposits and withdrawals, demonstrating its client-focused approach. This reduction in customer transaction costs allows for quick and inexpensive fund transfers into and out of trading accounts, making the broker more attractive to traders.

 

Inactivity Fees 

FXView eliminates inactivity fees for casual traders, providing peace of mind and flexibility.  

This strategy is particularly beneficial for methodical traders who prefer a strategic approach. It allows them to wait for favorable market conditions without penalties for inactivity. 

 

Currency Conversion Fees 

FXView calculates currency conversion costs for traders when they deposit or withdraw money in a currency different from their account’s base currency.  

This information helps traders make informed decisions about money management and potentially mitigates the negative financial impact of currency conversion. 

 

How does FXView calculate its commissions? 

FXView charges a fixed fee rate of $1 for every $100,000 traded on the Premium ECN account and $2 on the RAW ECN account, ensuring transparent and trader-friendly pricing.

 

How does FXView guarantee that its pricing structure is fair? 

Additionally, FXView stresses fairness in its cost structure, providing competitive spreads, precise commission rates, and free deposits and withdrawals to provide a level playing field for all traders.

 

FXView Leverage and Margin 

Moreover, FXView offers dynamic leverage, a strategic approach to trading that adjusts leverage levels based on transaction volume. This method helps manage risk and prevents traders from overextending themselves.

Forex pairings have leverage of 500x for major pairs on trades of up to 100 lots, while other commodities have leverage of up to 500x on positions up to 10 lots. Indices follow a similar pattern, with up to 200x leverage available for positions up to 100 lots and a drop to 40x after 1000 lots.  

FXView’s margin rules protect both traders and brokerages. They require traders to ensure they have enough initial margin to establish trades and maintain the margin needed to keep positions open.  

Margin calls at FXView are a risk management tool. Specifically, they advise traders to reduce position sizes, hedge, or add money to their accounts if their equity falls below the needed margin.

Furthermore, FXView emphasizes the importance of understanding leverage and margin for practical trading strategies and risk management. 

 

How does FXView handle traders’ margin needs? 

Furthermore, FXView uses margin regulations to guarantee traders have adequate initial margins to initiate trades and maintain margin requirements to keep positions open. This encourages intelligent risk management among traders.

 

How does FXView manage margin calls? 

Additionally, FXView uses margin calls as a risk management tool, notifying traders to decrease position sizes, hedge, or add money to their accounts if their equity falls below the needed margin.

 

Educational Resources 

Educational Resources

FXView offers the following educational resources: 

  • The Forex Glossary is also a helpful resource for traders who are still learning about forex trading. This glossary of terminology and meanings helps beginners comprehend the intricate language used in the forex markets, which can sometimes be a barrier to comprehension and success.
  • Furthermore, Market News is a dynamic tool that informs traders of the most recent developments in the financial markets. This news stream is updated daily and gives insights into how geopolitical events, economic data releases, and market movements may impact trading.
  • Moreover, Market Insights goes beyond news updates, analyzing and commenting on market moves. This section is intended for traders who want to understand the ‘why’ behind the ‘what.’
  • Furthermore, Video Tutorials provide traders with a visual learning experience by demonstrating topics and tactics in action.
  • Similarly, Webinars provide an interactive forum for learning, with sessions often given by experienced traders or industry experts.
  • Moreover, the FAQs area is where traders can find quick answers to the most frequently asked questions concerning FXView’s services, trading conditions, account administration, etc.
  • Additionally, Market Holidays are crucial for traders to be aware of since they may impact market liquidity and volatility.
  • Lastly, the Learn segment includes various instructional materials and tools to provide in-depth information and improve trading abilities.

 

How can traders access FXView’s educational materials? 

Moreover, traders can access FXView’s instructional resources via the broker’s website or trading platform.

 

How can traders benefit from FXView’s market news and analysis? 

Furthermore, FXView’s market news may help traders remain current on significant developments, market trends, and prospective trading opportunities.

 

Pros & Cons 

✔️ Pros❌ Cons
FXView charges narrow spreads and offers transparent fee structures The variety of functions and instruments can be confusing for absolute novices
Multilingual support is provided around the clock via a variety of channels, ensuring that traders get the help they need Availability of support can be limited on weekends or after-hours
The availability of the mainstream MetaTrader 4, MetaTrader 5, and the customized ActTrader platform offers traders with a variety of options Certain account types may have greater minimum deposit requirements than their rival
Traders are safeguarded from losing more than their invested funds through negative balance protection
FXView is regulated by respected agencies such as CySEC (Cyprus) and FSCA (South Africa), which ensure customer funds are protected and high standards are met
FXView provides seminars, market analysis, and other services to assist traders in gaining expertise
Traders can trade a wide range of markets, including Forex, indices, equities, commodities, and cryptocurrencies
There are account types to accommodate various trading styles and budgets

 

Security Measures 

Moreover, FXView is committed to providing a secure trading environment by implementing various security measures. For instance, client money segregation separates clients’ funds from company funds, preventing misuse for operational or business purposes.

FXView is also a member of a compensation fund, offering additional protection and reimbursement to traders in case of broker failure. SSL encryption ensures transactions are secure, while two-factor authentication (2FA) adds security to usernames and passwords.  

A firm privacy policy and detailed risk warning and disclosure policy are also in place to protect customers’ personal information. 

 

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For more information on FXLeaders

 

Conclusion 

FXView’s reputation is built on its rich instructional materials and robust security measures. However,  leverage systems can be restrictive for some traders with higher risk tolerances. In addition.

The lack of Tier-1 certification may also hinder those who value credentials. 

Faq

They have not charged any internal fees. 

Yes, they currently offer a deposit bonus, loyalty program, and referral bonus. 

Leverage of up to 1:500 for customers outside of EU states. Rules limit leverage within EU countries.

The minimum requirement starts at $50 on the Zero Commission and RAW ECN.

They are secure brokers as they are regulated by numerous recognized bodies, including CySEC, FSCA, and SEBI.

Yes, the broker provides bitcoin CFD trading to customers outside of regulated jurisdictions

Users can trade financial instruments, including forex pairings, commodities, indices, equities, and cryptocurrency.  

Yes, they do provide protection 

The broker is based in Cyprus and has other global offices in South Africa, Cyprus, and India. 

They provide bilingual services and welcome customers from over 180 countries.

Yes, they offer perks, such as a 100% deposit bonus and loyalty and referral programs.

This broker allows traders to quickly upgrade or downgrade their account types depending on their changing trading requirements. 

They do support deposits in various currencies. 

Moreover, FXView provides access to 70 currency pairs, encompassing major, minor, and exotic pairings, thereby allowing traders to capitalize on a wide range of opportunities in the forex market.

The broker offers trading opportunities on 392 individual equities, enabling traders to participate in some of the world’s top firms and industries.

Additionally, MetaTrader 4 offers a wide range of technical indicators, customizable chart templates, and automated trading capabilities through expert advisors (EAs). 

ActTrader offers a user-friendly interface that allows traders to execute trades quickly and seamlessly. 

This broker charges a fixed fee rate of $1 for every $100,000 traded on the Premium ECN account and $2 on the RAW ECN account.

Additionally, the broker stresses fairness in its cost structure, providing competitive spreads, a clear commission rates.

Additionally, FXView uses margin calls as a risk management tool, notifying traders to decrease position sizes, hedge, or add money to their accounts if their equity falls below the needed margin. 

Yes, the broker’s market news and analysis may help traders remain current on significant developments, market trends, and prospective trading opportunities.

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