FxView Review

Fxview was established as a brand in the FX/CFD market in 2009. It is owned by the Finvasia Group, which adopted a system of decentralization of its operations. As such, it operates two offshore branches in addition to the EU headquarters.

I. Background and Company Overview of Fxview

Fxview has won several awards in recent years. These include the 2021 Best Value Broker award at Dubai Expo 2021 and Best Value Broker award at the same expo, by the same company.

Despite entering the retail brokerage market in 2013, the company has been able to navigate the hurdles of retaining its clientele following the Swiss Franc depegging and other market risk events.

Some of the endearing features of Fxview are:

• The Fxview wallet in your members' page is where you can warehouse your profits without exposing them to the live market.
• Ability to use your EAs and hedge your trades.
• Membership of the Investor Compensation Fund gives traders additional insurance against the unlikely event of broker insolvency.

II. Trading Platforms and Tools

On Fxview, traders have three platforms to choose from:

• MT4
• MT5
• ActTrader

The M$ remains the mainstay of retail trading, spanning nearly 18 years. With 4 pending order types and 30 indicators, the MT4 comes as the downloadable desktop client, a webtrader and mobile applications.

The MT5 comes with up to 21 time frames and 6 pending order types. On Fxview, hedging on this platform does not require more margin. 44 analytical objects are offered. It also comes as a webtrader, mobile apps and a desktop software.

ActTrader comes with 11 time frames and four pending order types. Swap values are displayed in monetary terms and not points as is the case with the MT4 and MT5. ActTrader presents three interfaces (skins, FX voyager toolbar and application menu). Fxview is one of the few brokers that still offer this turnkey platform.

Here are some of the tools that enhance the trader's interaction with the forex market:

• The Fxview account integrates with the Zulutrade copy trading platform, enabling experienced traders sell their signals and beginners to copy the experts.
• Use the REST or FIX API to develop your own strategies that interact with the interbank market, producing low latency and speedier executions.
• Subscribe to any of the three VPS packages on Fxview at $25, $40 or $60 per month. This service is free to all live and funded account holders with a minimum of $5,000 trading capital.
• The Trader's Toolbox is a collection of indicators, add-ons and plug-ins that show asset correlation, a market manager, a mini terminal and a sentiment indicator.

III. Account Types and Spreads

There is only one account type on Fxview. This is the Raw ECN account. This is an account with spreads from 0.0 pips, and hence attracts commissions on trades to the tune of $1 per standard lot on each turn. It is an account that offers direct market access to the interbank market.

This account also has a swap-free version.

IV. Contract Specifications

What are the contract specifications you are likely to get on Fxview?

• Maximum leverage is set at 1:500.
• Minimum deposit requirement is $50.
• Minimum trade size is 0.01 lots.
• Maximum trade size is 100 lots.
• Negative balance protection is offered.
• Traders can apply hedging and scalping techniques.
• Margin call and stop out levels are set to 70% and 50%, respectively.

V. Security and Regulation

The Fxview brand is managed by several subsidiaries of the same company, operating in different jurisdictions.

The brand is operated in the EU by Charlgate Ltd, a Cyprus Investment Firm authorized by the Cyprus Securities and Exchange Commission (CySEC) with license number 367/18.

In South Africa, Orivest Proprietary Ltd runs the business of Fxview and is regulated by the Financial Sector Conduct Authority with license number 50410.

Finvasia Capital Ltd operates the brand's Mauritius office and is regulated by the Financial Services Commission Mauritius with license number IK21000018.

Residents of Cuba, Myanmar, Sudan, Syria and DPRK are not eligible to open and trade accounts on Fxview. Regulatory restrictions also do not permit US and Indian citizens or residents of those countries to trade forex on Fxview.

VI. Customer Support and Education

Here are the customer support channels on the Fxview portal.

• Phone: +442031505221
• Email: info.global@fxview.com
• Live chat (available 24/5)
• twitter.com/FxviewOfficial

Conclusion

If your desire is to have an ECN environment with the chance to trade assets in many classes, the Fxview brand has all you need to explore this environment.