Fxview Review 2023
|By: Jeremy Biberdorf||Feb 08, 2023|
In a nutshell: Fxview is an online forex trading broker owned by Charlgate Ltd and based in Limassol, Cyprus.
Although this online trading platform isn’t available to US residents, it is offered globally, with many traders coming from Europe. Fxview offers traders tight spreads, low commissions, advanced trading tools (like automated trading), and more.
With such a wide range of benefits, you might be wondering where this platform falls short. Does it? Let’s find out in this Fxview review!
|$17.99-$99.99 per month||Real estate data analytics platform||Free 7-day trial|
Fxview is best for…
Traders who don’t live in the USA, Iran, North Korea, India, or Cyprus. Aside from those countries, Fxview accepts retail clients from around the world!
This online broker makes it easy to trade financial assets thanks to a variety of trading platforms (such as desktop and mobile trading options), a selection of useful trading tools, competitive commission rates, and no deposit/withdrawal fee charts,
The platform even offers unlimited demo accounts for traders who want to test their skills before risking real funds.
- 70 currency pairs
- No deposit/withdrawal fees
- Supports API trading
- No cryptocurrency support
- Doesn’t accept US residents
- Established in 2017
What is Fxview?
Fxview is an online forex trading brokerage. It offers traders solid trading conditions and an excellent trading experience with one-click trading, a 100% deposit bonus (deposit match), high trade execution speeds, and some of the lowest spreads offered on forex trading platforms.
Fxview allows traders to execute traders from three supported trading platforms: MetaTrader 5, ActTrader, and ZuluTrade. This allows traders to enjoy their trading journey from their choice of desktop, browser, or mobile experience.
For those not ready to experience competitive trading conditions with real risk, Fxview offers unlimited use of demo accounts, where traders can get used to the various analytical tools and trading instruments at their disposal without risking real money.
For those who are willing and ready to begin trading, Fxview offers a 100% deposit bonus, which essentially means the company will match 100% of your deposits. There is even a loyalty program available to eligible traders.
More experienced traders are able to run trading platforms remotely by taking advantage of Fxview’s VPS (virtual private server) service, allowing them to automate processes and eliminate downtime.
No trading platform can reasonably expect all of its users to be experienced traders; it’s important to have resources for those who are still learning. Fortunately, Fxview does extremely well in this regard.
Learners will have access to various video tutorials, trading glossaries, webinars, and fundamental analysis/market analysis educational resources. These are excellent options for the self-motivated learner, but sometimes you may have a question that you can’t seem to find the answer to.
No worries though: Fxview also has an excellent customer support team. They can be reached by phone, social media, email, and via live chat. Offering around-the-clock support to clients around the world, the bilingual team should be able to answer any questions you might have.
The costs for this forex broker are extremely simple, as there’s almost nothing you’ll be charged for. The platform itself doesn’t charge a thing, not even an inactivity fee! However, one exception is the commission charges for automated API trading, which will cost you $1,000/month. Still, it is possible to incur costs that don’t come from the platform itself.
For example, you’ll have to pay $1/$100,000 each way in commissions. Also, you may be charged by your bank when making payments. Still, these charges are extremely minimal and shouldn’t affect your overall profits.
Deposits & Withdrawals
As mentioned above, you won’t be charged for either making deposits or withdrawals. However, there are a few minimum deposit requirements you should be aware of. EU traders will need to deposit a minimum of €200; global traders must deposit a minimum of $50.
The minimum withdrawal is roughly $15 (although it may fluctuate slightly due to currency conversion).
Fxview supports multiple deposit and withdrawal methods, including bank transfers, credit/debit cards, crypto, Skrill, and Neteller. Additional methods can be used to make deposits only.
Although Fxview is an extremely capable platform, it doesn’t currently support crypto trading. This makes it a poor choice for those whose trading strategies are heavily reliant on cryptocurrency. The platform also doesn’t support ETFs.
Is Fxview Right for You?
As long as you don’t live in one of the restricted countries, we think Fxview is an excellent way to test out your forex trading strategies. The platform offers support for trading hours across various markets, supports 70 currency pairings, and is fairly easy to use.
The ease of use—combined with its impressive overall capabilities and various education resources—make it easy for us to confidently recommend Fxview for new and experienced forex traders alike.
Try out Fxview for yourself by clicking here!