Fxview Forex broker review — Everything you need to know

Minimum deposit

$50

Bonus

Up to 100%

Maximum leverage

1:1000

Year founded

2017

Regulation

FSCA, CySEC

Trading platform

ActTrader, MT5, ZuluTrade (copy trading)

Fxview is the company’s trade name, and there are several regulated entities behind this website. There are two entities involved: Charlgate Ltd, based in Cyprus, and Finvasia Capital South Africa (PTY) LTD, based in South Africa. The broker is regulated and offers two trading accounts with an Islamic account as an option. With a minimum deposit of 50 USD and a leverage of up to 1:1000, traders are able to open large trading positions, and it is critical that we review important conditions.

In this comprehensive and unbiased review of FXview FX broker, we will assess its safety, spreads, accounts, leverage, commissions, profit withdrawals, bonuses, support, and much more.

Fxview Regulations and Safety Policies

Safety policies and regulations are critical for safety in financial trading, as there are many scams and fraud. Foxview is regulated by two authorities, which is always a positive sign. Charlgate Ltd is a company authorised and regulated by the Cyprus Securities and Exchange Commission – CySEC, Finvasia Capital South Africa (PTY) LTD is authorised and regulated by the Financial Sector Conduct Authority South Africa. However, we have found several comments and posts by traders who claim the broker erased their profits after adjusting accounts. This is a very dangerous red flag, and we recommend our readers exercise extra caution when dealing with this broker.

Fxview keeps client funds in segregated bank accounts, meaning it is kept on separate accounts from its operational capital, which is a crucial safety policy for trader fund safety.

All trading account types, including both premium and Islamic accounts, are protected by negative balance protection, meaning traders can never go beyond their account balance, and it is quickly set to zero.

Fxview Overview of the website

The website is modern in design language and is responsive, meaning when you click on a button, it instantly redirects you to the dedicated page. While it is not certainly the fastest broker website out there, the design is user-friendly, and almost all crucial details are transparently disclosed and described. However, you have to click on a menu panel to access all the sections and find important details like accounts, funding options, and so on. The website has day and night modes, enabling users to adjust it to their preferences, and there is a language selection menu as well.

The live chat plugin is directly built into the website, providing quick access to support, which is crucial and convenient for traders.

Overall, the website is professional and very well-ordered, while navigation is fast and responsive.

Fxview Accounts Reviewed

Fxview provides two main trading account types, one for retailers and one for experienced traders. Apart from these Raw ECN and Premium ECN, there is also a dedicated Islamic account for Sharia law followers, which is competitive.

To evaluate how competitive the broker truly is, let’s quickly overview each of the accounts and analyze their spreads, commissions, leverage, minimum deposit, and so on.

Fxview Raw ECN Account

The raw ECN account is a low-budget, zero-spread account that is targeted at traders who want to trade at the lowest spreads. As a result, this account is suitable for scalpers who trade lower timeframes like 1 and 5-minute. Here are its main specs:

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

This account has an ECN trade execution model, which ensures faster trade execution, a crucial thing for scalpers. Expert Advisors (EAs) and scalping are allowed by the broker.

Fxview Premium ECN Account

The Premium ECN account is similar to the Raw ECN trading account, but it has even cheaper commissions. However, the minimum deposit requirement is much higher than raw ECN, making it more suited for pros. Here are its main specs:

Minimum deposit – 5,000 USD
Maximum leverage – 1:1000
Spreads from – 0.0 pips
Commissions – 1 USD per side per lot ($2 round trip)
Minimum lot size – 0.01 lots
Account base currencies – EUR, USD, AUD, CAD, ZAR

Leverage is also 1:1000, which makes it very convenient for seasoned scalpers who want to trade with large trading positions.

Fxview Islamic Accounts

This account is a dedicated account for Sharia law (swap-free) traders and is fully compliant with its laws. Here are its specs:

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

Deposit and withdrawal options at Fxview

Deposits and withdrawals are available with tens of different currencies, making it very comfortable. As for the accepted payment options, Fxview allows traders to use local and international bank transfers, Visa &MasterCard bank cards, Skrill, Neteller, HELP2PAY, and cryptos (BTC, USDT, ETH, USDC). Deposits are instantly processed and are mostly fee-free. The only exceptions are bank wires. Withdrawals are processed within 1 working day for all payment options, including wire transfers, and no commission is charged from the broker’s side.

Fxview Assets — What can you trade?

Fxview provides access to diverse markets, such as Forex, commodities, indices, stocks, and crypto pairs. There is a menu for markets, and traders can check all the available instruments and other details on the website, which is flexible. The leverage is the highest on FX pairs, and other assets offer lower leverage levels. Spreads are low, and commissions are also super competitive.

Trading platforms of Fxview

FXview offers access to diverse trading platforms. There are MetaTrader 5 (MT5), ZuluTrade, and ActTrader. MT5 is an advanced trading platform enabling traders to use EAs and custom indicators. ZuluTrade is a copy trading platform that allows traders to replicate other traders’ performance by copying their trades. The ActTrader is also pretty advanced, offering one-click trading and other features. All three platforms are available on all devices, such as desktops, smartphones, and tablets (iOS and Android).

Education at Fxview

From educational resources, FXview offers an FX glossary, market news, educational blogs, and webinars. There is also a section providing up-to-date data about market holidays. The blog is useful for reading various interesting posts, while webinars are a direct source for financial trading education.

As for the tools, there are VPS, indicator packages, economic calendar, calculators, and so on.

Fxview Customer Support

When it comes to customer support, the broker seems pretty reliable as there are multiple different forms of customer engagement like live chat, WhatsApp, Telegram, phone support, and email. WhatsApp is a blend of phone support and a mobile messaging app, which is very popular in certain regions, while the live chat covers the whole globe.

Fxview bonuses and promotions

Fxview offers several promotions like a 100% deposit bonus, zero-cost funding, a loyalty program, and free VPS services. Free VPS is very useful for EA and automated trading, while deposit bonuses amplify trading power. However, traders should carefully read the conditions for both of these services and not get misled.

Is Fxview your broker? Final verdict

Fxview offers attractive trading conditions like high leverage, low spreads, and strong platform choices. It is regulated by CySEC and FSCA, offers copy trading services, and provides negative balance protection for all trading account types. However, multiple complaints about profit removal raise red flags. Fxview may suit experienced scalpers and traders with low-cost ECN accounts, but extra caution is strongly advised due to many negative trader comments.