Fxview Review – Top Reasons To Trade With This Broker
Finding a reliable broker needs to be your first priority as a trader while stepping into the forex market. With a number of options to consider, it is normal to feel confused about picking the best one for yourself. Unbiased reviews that disclose the pros and cons of trading with a broker make decision-making easier as you get all the relevant information in one place. In this review, you will learn about Fxview, an award-winning broker that allows trading not just in forex but other asset classes like commodities, stocks, indices and cryptocurrencies. Read More
So, let’s look at the top reasons that make Fxview a worthy option for traders.
- Regulated broker:
The first thing you should check before choosing a broker is their regulatory status. Regulations in the forex market ensure that a broker operates within legal boundaries while adhering to the rules and meeting the standards set by the concerned authority. Fxview is regulated by CySEC, a top-tier regulatory authority in the EU, and Fxview operates with its licence; hence, it has become a trusted trading platform for many.
Besides CySEC, Fxview is regulated by FSCA and FSC to meet the standards on a global level and accommodate clients from different regions. Trading with a regulated broker gives you a sense of security, and Fxview being regulated by top-tier bodies gives you a solid reason to add them to your list of options.
- Trading platform and tools:
Fxview offers its clients two of the most popular trading platforms. The first one is MetaTrader 4, which has been a favourite of forex traders ever since its launch in 2005. The 2nd one is the advanced successor MetaTrader 5, which is suitable for those who want additional features for a superior trading experience. Besides MT4 and MT5, Fxview also offers ActTrader, another advanced trading platform with several valuable features for all kinds of traders. Apart from this, you can also engage in copy trading via Zulutrade. It is a great option for beginners and part-time traders to trade in the market with significantly less risk than other traders, as they can copy trades of experienced traders, hence increasing their chances of being profitable. You can also use their mobile trading apps for trading on the go. Hence, those interested in trying different platforms can surely consider Fxview for more options.
Talking about trading tools, Fxview has everything from economic calendars to indicator packages and automated trading calculators integrated with their platform. You can rely on the multi-functional Fxview Forex calculator for all trade-related calculations. The trading tools of Fxview include a bunch of different calculators, including pip value calculator, profit calculator, margin calculator, position size calculator, currency converter and swap calculator. They also provide advanced calculators like pivot points calculators and Fibonacci calculators that can be used for technical analysis.
- Trading conditions:
Being an ECN broker, Fxview offers solid trading conditions with deep liquidity and transparent pricing. With the raw ECN account, you get the tightest spreads, starting from 0 pips on major pairs and a low commission of $1/100k per side. They offer leverage up to 500x, along with negative balance protection. The minimum deposit for account opening is $50 for global users and €200 for EU residents. They offer 4 base currencies to open an account with – USD, EUR, GBP and AUD.
They also offer a 100% bonus on every deposit on a minimum deposit of $200. There are many options for funding and withdrawals, like bank transfers, crypto, credit/debit cards, E-wallets and more. So, you can choose the payment mode you prefer. They are offering zero-cost funding, which means you won’t have to pay transaction costs for funding. You can open a free demo account on Fxview and test the trading conditions before going live. You can also use the demo account to practise or test your strategies in real-time market conditions.
Muslim traders can also trade with Fxview by signing up for an Islamic account, which provides halal trading conditions by eliminating swaps. Fxview supports all trading styles, including scalping, hedging, automated trading and API trading. This gives you a lot of flexibility, and the ECN execution model guarantees seamless execution of trades at the best market prices without dealing desk intervention. You can also avail of affordable VPS services on their platform.
- More earning opportunities
Another reason to trade with Fxview is that you get opportunities to increase your earnings. They offer managed account services to investors through MAM/PAMM accounts. Professional traders who have a profitable strategy can start managing investor accounts by becoming a MAM/PAMM account manager on Fxview. You will get to trade with pooled money from multiple investors who follow you and will be able to earn additional income by simply sharing your strategy with them.
All the trades you enter on your master account will get executed on the investor accounts automatically. The profits/losses will be shared with investors based on the amount of funds they invest with you. Being a fund manager not only allows you to earn more profits as the profit potential goes up with the pooled funds, but you will also get compensated for the account management services on the basis of your performance.
Expert traders who are already helping new traders in making trading decisions by sharing signals or giving advice can bring their clients to Fxview for making the trading process easier. Ordinary traders can also follow the expert traders for diversifying their portfolio and optimising their profit potential with the help of advanced strategies.
Those who register for a White Label Program with Fxview will be able to cut down on expenses to a great extent and launch their brokerage within a few weeks while continuing to receive ongoing support. By becoming a white-label partner, Fxview will help the new broker with platform setup, back office, and CRM solutions. Their white-label packages also come with marketing solutions assisting budding businesses to build their brand name easily.
- 24/5 Customer Support In Multiple Languages:
The last but most important thing you must consider while choosing a broker is their customer support system. This is important to clear your doubts and ask for any assistance as and when needed. Fxview offers multilingual support that is available 24 hours a day and 5 days a week to address all your concerns and provide timely solutions. You can talk to them through the live chat support on the website or contact them via phone or e-mail. They have a team of experts to answer your questions and resolve any issues related to your trading account or guide you about the other services offered on the platform.
With that, we have come to the end of our review of Fxview, and this broker has built a loyal client base by offering quality services while being cost-effective and reliable. They have a good reputation in the market and have managed to secure a position in the competitive brokerage industry over the years. So, Fxview is a worthy option to check out.