Fxview Review 2024


3.3 / 5
Fxview is #108 in our CFD broker rankings.

Fxview's impressive range of forex pairs, regulation and ultra-tight ECN pricing model make it a great pick for both experienced and aspiring traders.

- Daytrading Review Team

Fxview is a CySEC-regulated ECN broker offering low spreads and leveraged CFDs on a broad range of instruments including forex, commodities, indices, cryptos and hundreds of global stocks. The broker supports both MetaTrader platforms as well as ActTrader, providing excellent software options to traders.

€200 (EU), $50 (Global)
MT4, MT5, ActTrader
CFD, Forex, Stock, Indices, Commodities & Cryptocurrencies (global clients only)
100% deposit bonus with deposit of min 200$ for global traders
USD, EUR, GBP
Wire Transfer, Visa, Mastercard, Skrill, Neteller, Rapid Transfer, Klarna, Giropay, Bitcoin Payments, Przelewy24

Forex Trading

Trade 70 forex major, minor and exotic currency pairs. The selection on offer is above the average offered by most brokers we have reviewed, and we rate the ultra-fast 15ms execution speeds and ECN pricing from 0 pips.

Stock Trading

We appreciated the above-average selection of 400 stock CFDs from US exchanges, including Apple, Walgreens and Zoom. Additionally, 11 CFD indices cover major financial hubs in the US, UK, Europe, Japan, China and Australia.

CFD Trading

Trade CFDs on around 600 instruments, including forex, stocks, commodities, indices and cryptos with leverage up to 1:30 from the CySEC-regulated branch and up to 1:500 from the global branch. We were pleased with the broker's low pricing, transparency and customer support while trading CFDs.

Crypto Trading

Open leveraged positions on a small selection of crypto markets through CFDs on BTC, LTC, ETH and XRP/USD pairs. With just four crypto tokens on offer, we don't think dedicated crypto traders are well served, but there is enough for traders to sample popular tokens.

Copy Trading

Copy trading is available via the award-winning ZuluTrade platform. This is a reliable third-party solution with a strong range of strategies and traders to follow. On the negative side, the starting deposit is higher than many alternatives.

✓ Pros

  • Good range of assets, with 70 forex pairs and hundreds of stocks
  • No-dealing-desk broker with ECN pricing from 0 pips
  • Responsive customer support based on tests
  • Free VPS when depositing $5,000 or more
  • High leverage available to global clients
  • Reliable CySEC-regulated broker
  • API trading

✗ Cons

  • Does not accept traders from US and UK
  • Limited range of cryptocurrencies
  • No ETFs available

Fxview is a European broker specializing in CFDs in forex, stocks, cryptocurrencies (global clients only), commodities and indices markets. This 2024 broker review will explore the trading platforms offered by Fxview and the tools that they provide. Read on for a guide to the pros and cons of opening an account, including regulatory and security considerations and details on customer eligibility.

About Fxview

The online brokerage was established in 2017. Fxview Europe is owned and operated by Charlgate Ltd, which has its registered office in Limassol, Cyprus. Fxview Global (Charlgate SVG LLC) is registered in St. Vincent and the Grenadines.

The broker is regulated by the Cyprus Securities and Exchange Commission (CySEC), the Financial Sector Conduct Authority (FSCA) in South Africa, and the Financial Services Commission (FSC) in Mauritius.

In June 2021, the Finvasia Group acquired Fxview.

Trading Platforms

Like many online brokers, Fxview offers the renowned MetaTrader platforms: MT4 and MT5. The brokerage also offers ActTrader, as an alternative trading software. Web versions are available for each terminal for those that want to avoid a software download.

Key features of each trading platform includes:

MetaTrader 4

Fxview registration
MetaTrader 4

MetaTrader 5

Fxview platform ratings
MetaTrader 5

ActTrader

Finvasia group acquires Fxview
ActTrader

Assets & Markets

Fxview specializes in CFD (Contract for Difference) trading. When purchasing a CFD, traders do not own the underlying asset. For example, when you purchase a CFD on gold, you don’t actually own the precious metal. The trader is simply speculating on the price movement. The profit (or loss) is the difference in value between when the contract is purchased and when it is sold.

The following markets are available:

Spreads & Fees

Spreads start from 0.0 pips at Fxview. The best spreads are usually found in the most liquid markets, such as major forex pairs like the EUR/USD. Spreads in other markets such as commodities may be higher. For example, the XAU/USD market has a spread of 0.31. Low spreads mean that the market doesn’t have to move as far in the right direction before the trader begins to make a profit.

Raw spreads also mean that Fxview has to make its money through commission. The broker charges $1/$100k which is relatively low, but can affect high volume traders such as day traders and scalpers. Swap fees may also apply for those holding positions across more than one day.

Importantly, Fxview is an ECN (Electronic Communication Network) broker. This means it connects clients directly with other market participants without dealing desk intervention. This usually results in tighter spreads and faster trade executions.

Leverage

Leverage means traders can open positions with a greater value than their actual investment. For example, leverage of 1:10 would mean a trader could get exposure of $1,000 with an investment of $100.

Like most European brokers, the maximum leverage on forex majors such as EUR/USD, EUR/GBP and GBP/USD, is 1:30. However, the leverage offered to global clients is 1:500.

Mobile App

Fxview has its own mobile app available on the App Store (Fxview Phone) and Google Play (Fxview Droid) that syncs with its desktop and browser-based trading platforms.

The mobile terminal offers standard account management features, straightforward deposits and withdrawals, plus trade execution capabilities. Clients can also browse different assets and amend trade orders.

Note, Fxview clients can also download the MT4 and MT5 platforms to mobile devices.

Payment Methods

Deposits

The minimum deposit at Fxview is $200 for EU traders and $50 for Global traders. Note that there is a difference between minimum deposit and the minimum trade size of 0.1 lots.

Fxview does not charge fees for deposits. However, traders should be aware of any third party fees that may apply, for example, from their bank. The deposit processing time is instant for Visa/Mastercard, Skrill and Neteller.

The full list of deposit methods is as follows:

Withdrawals

Withdrawal options are limited:

Fxview does not charge withdrawal fees and the processing time is 1 business day. Third party fees may still apply.

Demo Account

Fxview offers a free demo account. This is particularly useful for beginners who want to get to grips with the trading platform, as well as more seasoned traders who want to test a new strategy that they have developed.

Clients can sign up for the paper trading account on the broker’s official website.

Deals & Promotions

A 100% deposit bonus is offered by the broker on every deposit above $200. Maximum leverage that can be availed for such is 300x. Note, this bonus is only available to non-EU clients.

Regulation & Licensing

Fxview is regulated by the Cyprus Securities and Exchange Commission (CySEC) and is a member of the Investor Compensation Fund (ICF). This means eligible clients can claim up to 20,000 EUR if the firm is unable to meet its obligations.

Fxview also holds a license with the Financial Sector Conduct Authority (FSCA) in South Africa (registration number 2018/303451/07, license number 50410).

In total, Fxview boasts more than 30+ registrations including BaFin 157125, CNMV (Spain) 4892, CONSOB (Italy) 5151, FCA (UK) 850138 and Finanstilsynet (Norway) FT00118545.

Additional Features

Fxview has a helpful Market News section that is updated regularly. This allows traders to stay informed of the latest market developments. This is particularly important for those using fundamental analysis as part of their trading strategy.

In addition, Fxview’s video tutorial section is one of the best available. It explains multiple trading strategies, financial terms and different indicators. Additionally, the broker has free online webinars, although the content is not particularly recent.

Fxview also facilitates API trading, allowing traders to connect platforms to the live data and liquidity that the online broker offers. This can improve execution speeds and gives lower latency.

Account Types

The RAW ECN account is Fxview’s main live trading account. It provides tight spreads with a reasonable commission.

Also available is the Fxview Zulu account that can connect with ZuluTrade, a firm with a good reputation for allowing retail traders to copy the trades of experienced investors. An Islamic account is available to global clients only.

Trading Hours

Trading hours vary depending on the market in question. Fxview’s server time is GMT+3 during US Daylight Saving Time (DST) and GMT+2 during US non-DST.

The forex market is open 00:05 Monday-24:00 Friday, with a daily break from 00:00-00:05. The hours of most of the commodities and indices markets are similar.

Customer Support

Fxview has a responsive customer support team, which will be a relief to many traders seeking reassurance that their broker will be on hand to deal with issues. Customer support at Fxview is available 24/5. We tested the live chat feature and received a response within seconds.

In addition to the live chat feature, the following customer support options are available:

In terms of social media, Fxview also has a presence on Facebook, Twitter, Instagram, LinkedIn and Reddit. In addition, the company has its own YouTube channel.

Security

As is the case with most reputable brokers, Fxview uses segregated bank accounts to separate client money from company funds. In addition, user funds are spread across multiple financial institutions to reduce risk.

Two-factor authentication is an effective measure used by Fxview to strengthen security, as is 3D secure technology when processing card payments.

Fxview Verdict

Its low spreads will attract many investors, particularly day traders looking to keep costs low. The copy trading solution is another attractive feature that will appeal to beginners.

FAQs

Is Fxview Legit?

Yes, Fxview is a legitimate broker that is regulated by CySEC and registered in multiple jurisdictions around the world. It has been operating since 2017.

Is Fxview A Market Maker?

No. Fxview is an ECN broker which means they match orders directly with liquidity providers rather than going through a dealing desk. This usually means lower spreads and faster trade execution.

Can I Choose Which Trading Platform To Use On Fxview?

Yes, traders get a choice of three trading platforms: MetaTrader 4, MetaTrader 5 and ActTrader. MT4 and MT5 are more well-known but ActTrader still has a good range of features.

Where Can I Find Customer Reviews Of Fxview?

Trustpilot is a good place to look at customer reviews of various brokers including Fxview. Discussion forums such as Reddit can also provide useful insight into customer experience.

How Quick Is The Sign-Up Process On Fxview?

New customers will need to provide their personal details, trading experience, as well as verifying their account with proof of identity and address. This can be completed in around five minutes. Once they are registered, traders will be able to login and start trading.

Top 3 Alternatives to Fxview

Compare Fxview with the top 3 similar brokers that accept traders from your location.

  1. AvaTrade – AvaTrade is a leading forex and CFD broker, established in 2006 and regulated across 9 jurisdictions. Over 400,000 users have signed up with the broker which processes over 2 million trades each month. The firm offers multiple trading platforms, including MT4, MT5, and a proprietary WebTrader. 1250+ financial instruments are available for day trading, from CFDs to AvaOptions and now AvaFutures, alongside a comprehensive education center and multilingual customer support.
    Go to AvaTrade
  2. Pepperstone – Established in Australia in 2010, Pepperstone is a top-rated forex and CFD broker with over 400,000 clients worldwide. It offers access to 1,300+ instruments on leading platforms MT4, MT5, cTrader and TradingView, maintaining low, transparent fees. Pepperstone is also regulated by trusted authorities like the FCA, ASIC, and CySEC, ensuring a secure environment for day traders at all levels.
    Go to Pepperstone
  3. IC Markets – IC Markets is a globally recognized forex and CFD broker known for its excellent pricing, comprehensive range of trading instruments, and premium trading technology. Founded in 2007 and headquartered in Australia, the brokerage is regulated by the ASIC, CySEC and FSA, and has attracted more than 180,000 clients from over 200 countries.
    Go to IC Markets

Fxview Comparison Table

Compare Fxview With Similar Brokers
Fxview AvaTrade Pepperstone IC Markets
Rating 3.3 4.9 4.8 4.8
Markets CFD, Forex, Stock, Indices, Commodities & Cryptocurrencies (global clients only) CFDs, Forex, Stocks, Indices, Commodities, ETFs, Bonds, Crypto, Spread Betting, Futures CFDs, Forex, Currency Indices, Stocks, Indices, Commodities, ETFs, Crypto, Spread Betting CFDs, Forex, Stocks, Indices, Commodities, Bonds, Futures, Crypto
Demo Account Yes Yes Yes Yes
Minimum Deposit €200 (EU), $50 (Global) $0 $200
Minimum Trade 0.01 Lots 0.01 Lots 0.01 Lots 0.01 Lots
Regulators CySEC, FSCA, FSC ASIC, CySEC, FSCA, ISA, CBol, FSA, FSRA, BVI, ADGM FCA, ASIC, CySEC, DFSA, CMA, BaFin, SCB ASIC, CySEC, FSA
Bonus 100% deposit bonus with deposit of min 200$ for global traders
Education Yes Yes Yes Yes
Platforms MT4, MT5, ActTrader WebTrader, AvaTradeGO, AvaOptions, MT4, MT5, AlgoTrader, TradingCentral, DupliTrade MT4, MT5, cTrader, TradingView, AutoChartist, DupliTrade MT4, MT5, cTrader, TradingView, TradingCentral, DupliTrade
Leverage 1:30 (EU), 1:500 (Global & EU Pro) 1:30 (Retail) 1:400 (Pro) 1:30 (Retail), 1:500 (Pro) 1:30 (ASIC & CySEC), 1:500 (FSA), 1:1000 (Global)
Payment Methods 10 13 11 14
Visit Visit Visit Visit Visit
Review AvaTrade
Review
Pepperstone
Review
IC Markets
Review

Compare Trading Instruments

Compare the markets and instruments offered by Fxview and its competitors. Please note, some markets may only be available via CFDs or other derivatives.

Compare Fxview Trading Instruments
Fxview AvaTrade Pepperstone IC Markets
CFD Yes Yes Yes Yes
Forex Yes Yes Yes Yes
Stocks Yes Yes Yes Yes
Commodities Yes Yes Yes Yes
Oil Yes Yes Yes Yes
Gold Yes Yes Yes Yes
Copper No Yes Yes No
Silver Yes Yes Yes Yes
Corn No Yes Yes Yes
Crypto Yes Yes Yes Yes
Futures No Yes No Yes
Options No Yes No No
ETFs No Yes Yes Yes
Bonds No Yes No Yes
Warrants No No No No
Spreadbetting No Yes Yes No
Volatility Index No Yes Yes Yes

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Fxview is a CySEC-regulated ECN broker offering low spreads and leveraged CFDs on a broad range of instruments including forex, commodities, indices, cryptos and hundreds of global stocks. The broker supports both MetaTrader platforms as well as ActTrader, providing excellent software options to traders.