- Min Deposit: $50
- Trading Fees: Low
- Max Leverage: 1:500
- Regulator: CySec , FSCA
- No. Assets: +70
- Platforms: MT4, MT5, ActTrader
- Acc Types: ECN + Islamic
Our Ratings
- 4,5/5
Overall, FXview emerges as a reliable and low-risk broker in the financial landscape. With a user-friendly trading platform, very low spreads and a commitment to security, FXview positions itself as a trustworthy option for traders, mostly suitable for scalping traders. FxView has a Trust Score of … out of 100
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74-89% of retail investor accounts lose money when trading CFDs with this provider.
FxView Pros and Cons
Pros
- Ultra-low spread
- Super low commission of $1
- Tier 1 Regulated
- Negative Balance Protection
Cons
- Does not accept US citizens as clients
- Decreasing Leverage
Deriv Review Ratings
Based on our research and review FxView provides excellent Safety and Trust to it’s clients and offer low trading cost in terms of Spreads and Commission and their setback is on their Account types since they provide one account type which is ECN or Raw Spread. On overall FxView has a high Trust score of 4.5 out of 5.
Deriv Overall Summary
🏡Broker | FxView |
🕐Year Founded | 2018 |
🏢Headquarters | Limassol, Cyprus |
⚖️ Regulators | CySec , FSCA |
🏆Awards Won | "Best Value Broker" award at the Dubai Expo 2021.‘Most Trusted Broker’ at the Ultimate Fintech Awards...Best Global CFD Broker Award at Forex Expo Dubai...Best Multi Asset Broker at the FMAS: 23...“Best ECN/STP Broker” at UF AWARDS MEA 2023... |
🚀Account Types | Raw ECN and Islamic Account |
📈Assets Available | Forex, Commodities, Indices, Stocks and Cryptocurrencies. Over 500 tradeable assets available |
☪️ Islamic account (swap-free) | Yes FxView does offer Islamic accounts to all clients who follow or practice Islam, in accordance with Sharia law. |
📑Demo Account | Available |
🖥Copy Trading | Yes |
📈 Maximum Leverage | 1:500 (Worldwide) and 1:30 for EU clients only! |
💰 Minimum Deposit | FxView requires a minimum deposit of 50 USD to open a trading account |
🅱Deposit Bonus | 100% |
💱Base Currencies | EUR, USD, GBP, AUD, ZAR, USD |
🔸Spreads | Around 0.0 pips since it's an ECN broker |
💸Fees | No Deposit or Withdrawal fees and $0 inactivity fees |
💵Commissions | $1 per Standard Lot ( each side) |
💳 Deposit Methods | Bank Transfer, Local Bank Transfer , Visa and MasterCard, Help2Pay, Skrill, Crypto, Neteller |
💳 Withdrawal Methods | Bank Transfer, Local Bank Transfer , Visa and MasterCard, Help2Pay, Skrill, Crypto, Neteller |
💻 Trading Platforms | MT4, MT5 and Act Trader |
🌐 Countries not accepted for trade | Crimea, Cuba, Cyprus, India, Iran, North Korea, Sudan, Syria, and the United States |
📆 Customer Service Hours | 24/5 |
🚀 Open an Account |
Min Deposit : $50
Overall Rating: 4.5
- Regulations: FSCA, CySEC
- Fees: Low
- Max Leverage:1:500
- Platforms:MT4, MT5, ActTrader
- No.Assets: +500
What is FxView?
Fxview is an online broker that provides low-cost and transparent trading conditions for forex, commodities, indices, stocks, and cryptocurrencies. It is regulated by CySEC in Cyprus and FSCA in South Africa.
The broker offers a range of trading platforms, including MT4, MT5, and ActTrader, which are available on desktop, web, and mobile devices. Fxview also provides its customers with 24/5 live chat support and a range of trading tools, including social trading, MAM/PAMM, VPS, and API trading.
The broker’s spreads start from 0.0 pips and commissions are fixed at $1/100,000 across all instruments. The minimum deposit required to start trading is $50, and the maximum leverage offered is 500x.
Is Fxview regulated ?
Fxview can be considered as a safe and reliable broker since it is regulated by CySec and FSCA.
Fxview is the brand name for the Fxview group of companies, which includes the following companies:
– Finvasia Securities Private Ltd, the parent firm, is regulated by the Securities and Exchange Board of India (Licence No INZ000176037)
– Charlgate Ltd (Licence No 367/18), which is regulated by the Cyprus Securities and Exchange Commission.
Fxview Leverage
FxView offers traders maximum leverage of 1:500, which is one of the highest levels that can be offered.
The leverage you’ll trade with is decided by the total open lots in your trading account.
Your leverage will be lower the bigger your exposure is.
Fx pairs Leverage
Your Maximum leverage on Fx Majors will be 1:500
On Fx Minor pairs it will be 1:300
On Exotic Pairs, it will be 1:50
Major Pairs 1:250
Minor Pairs 1:150
Exotic Pairs 1:25
Major Pairs 1:100
Minor Pairs 1:60
Exotic Pairs 1:10
Commodities Leverage
Gold Pairs 1:500
Other Commodities 1:100
Gold Pairs 1:200
Other Commodities 1:50
Gold Pairs 1:100
Other Commodities 1:25
Gold Pairs 1:40
Other Commodities 1:10
Indices Leverage
Indices 1:500
Indices 1:200
Indices 1:100
Indices 1:40
Stock Leverage
Stocks 1:10
In simple terms, high leverage allows you to open more trades with less capital.
Account Types on FxView
Fxview has one type of trading account which is an ECN Account (Low Spread) and as usual, there is an option to create a demo account for practicing.
Raw ECN Account
In an ECN account or Electronic Communications Network order matching system (Buyers and Sellers ) is used to provide traders with direct access to liquidity providers.
In simple terms, the ECN trading account has a very low spread (From 0.0) compared to other accounts but a commission is charged on each order.
Some ECN brokers charge high commissions but Fxview isn’t one of them.
Fxview commission is $1 per standard lot (each side).
Some ECN brokers have commissions of $5 per standard lot, which is very high for small accounts.
Does Fxview have Islamic accounts? Yes, with Fxview you can request to open a swap-free Islamic account
The best thing about the Fxview ECN account is that whether you’re a beginner or a professional in CFD trading, everyone gets access to all assets.
Fxview Spreads
Fxview offers very tight spreads from as low as 0 pips.
Take a look at a snippet of live spread at the time of writing this review.
Here was the spread of Popular Traded Assets
As you can see the EURUSD spread is just 0.03 pips.
I then took a snippet of the Currency Pairs for those traders who only focusses on trading currencies.
Spread For Currencies
The image below only shows a spread of a few currencies pairs, but if you want to see spreads on other pairs like NZDUSD and many more pairs
To be honest, Fxview is the best forex broker to trade Currencies…
Fxview accounts are good for both Fundamental & Technical traders
The low spread that you get with the brokers play a big role. Once a broker has very high spreads it means that your order will start in a deep loss.
Now for Commodities!
Spread For Commodities
Fxview has very tight spreads when it comes to trading commodities
Spread For Indices
At the time of writing this Fxview review , these were the spreads for popular indices
Please note that these are not the only available indices on Fxview, there are a lot that are not on this list.
Trading Instruments
With Fxview, you get access to trade all the following instruments.
- Forex/currencies
- Commodities
- Indices
- Stock
FxView Minimum Deposit
The minimum deposit amount required to open a broker account with Fxview is $50 and there are no deposit fees.
Here are Fxview Base Currency Option
- EUR
- USD
- GBP
- AUD
In simple terms, the base currency option is the currency that you want your trading account to be in.
Deposit Options
To fund your Fxview account these are the deposit methods you can use.
- Bank Transfer
- Visa & Mastercard
- Skrill
- Neteller
Bank Transfer
Using the bank transfer as your deposit method, you can deposit any amount of money as you’re not limited and there are no fees charged.
The deposit could take up to seven days to reflect on your trading account.
Visa /MasterCard
Well, I think this is a popular funding method.
Fxview accepts both credit card and debit cards as a deposit option and the best thing is that the funds reflect instantly on your account.
The lowest amount required for a deposit using Visa/Mastercard is $50 and there are no deposit fees.
The maximum deposit amount using this method is $5000
Skrill & Neteller
Funding your Fxview trading account via the popular eWallets, (Skrill and Neteller ) gives a trader an advantage to deposit up to 50 000 US dollars, Euros, Pound.
The processing time of the deposit is instant.
Fxview Deposit Bonus
Does Fxview have a deposit bonus?
Well…
Yes, they do. Fxview has a 100% deposit bonus for deposits over $200 or an equivalent amount.
This bonus allows traders to have a larger margin, allowing them to manage their risks more effectively.
Withdrawals
Who doesn’t like fast withdrawals? Fxview withdrawals are processed within the same day of the withdrawal request.
And by the way, there are no withdrawal fees charged.
Fxview allows users to receive funds into their credit/debit card or into their e-Wallets (Skrill & Neteller) and also via bank transfer.
Deposits can only be withdrawn using the same method you used to deposit.
My view on how long do Fxview withdrawals take?
Based on my experience trading with Fxview, they take less than 12 hours (using a Visa debit card).
Trading Platforms
Fxview offers a variety of platforms to ensure that each trader can trade on the platform that best suits their needs, resulting in a more personalized experience.
MetaTrader 4 and MetaTrader 5 are two of the best trading platforms you can use these days, hence Fxview has both platforms, including ActTrader.
Metatrader 4 & 5 and ActTrader can be installed in the following devices successfully
- Windows
- Mac
- Android
- IOS
- Web Trader
All of Fxview trading platforms have the same number of forex pairs, indices, and commodities, and hedging isare allowed.
I reviewed all the platforms and found MT5 the best to use,
MT5 has 2 more pending order types than other platforms and has more number of time frames.
- Founded : 2018
- Leverage : 1:500
- Broker Type: ECN
- Regulations: CySec
- Spread: From 0.0
- Commission:$1/lot
Education
Fx view has a team of experts in trading who provides a series of video courses to assist traders in honing their abilities and learning how to trade like a pro, for Free.
Fxview also has forex webinars for those who want to learn to trade and anyone can attend these webinars at no cost
Is Fxview a ECN broker?
Yes Fxview is a 100% ECN broker that is regulated by CySec. Fxview being an ECN broker means that they offer very very low spreads and with my experience using the Broker I was so amazed that their spreads can be 0 sometimes.
If you are looking for the best ECN broker , then Fxview is the answer.
FxView Alternatives
These are the best forex brokers similar to Fxview :
1. Roboforex
2 JustMarkets (Formely known as JustForex)
3..IC Markets
Conclusion
Based on our review, Fxview is one of the reliable and regulated forex brokers that have a very low spread.
They don’t have restrictions on trading strategies, they allow every strategy.
Get up to 100% deposit bonus
Fxview FAQ
$50 is the minimum required deposit
Negative balance protection is offered to Fxview clients in order to ensure that they are protected if their account goes to negative
From 0.0 pips
Fxview charges $1 per $100K