Fxview
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Pros and Cons
- Regulated by FSCA, ensuring trader protection.
- Extremely low spreads, ideal for cost-effective trading.
- Multiple platforms including MT4, MT5, and cTrader.
- No deposit or withdrawal fees, making transactions cheaper.
- Comprehensive educational resources suitable for all levels.
- Fast trade execution speed, ensuring minimal slippage.
- Strong customer support with various contact methods.
- Limited copy trading options.
- No proprietary trading platform.
- Withdrawal processing time could be faster.
Introduction to Fxview
Fxview has emerged as a notable broker in the competitive forex and CFD trading industry.
Established to bridge the gap between accessibility and advanced trading features, Fxview caters to a diverse clientele worldwide.
For African traders, the broker offers tailored solutions that align with their specific needs, including low entry barriers, robust educational resources, and multilingual support.
This detailed review dissects Fxview’s offerings, providing an in-depth analysis of its services, regulatory environment, account types, trading platforms, and other crucial aspects.
The review is particularly focused on African traders, aiming to present an accessible yet comprehensive breakdown of Fxview’s capabilities.
Whether you are a novice trader or an experienced investor, this guide highlights all the essentials you need to make an informed decision.
Open a free accountRegulatory Compliance and Safety
Regulation is a critical factor when choosing a broker, and Fxview excels in providing a secure and compliant trading environment.
The broker operates under the oversight of the Cyprus Securities and Exchange Commission (CySEC) and adheres to the European Union’s MiFID II framework.
This compliance ensures transparency, financial security, and ethical practices, which are particularly important for traders in emerging markets like Africa.
Account Types Offered by Fxview
Fxview simplifies the onboarding process with two primary account types, making it accessible for both retail and professional traders.
Here’s a detailed overview:
- Standard Account: Ideal for beginner and intermediate traders, offering competitive spreads starting from 0.1 pips and access to a wide range of trading instruments.
- Professional Account: Designed for seasoned traders, this account provides lower commissions, higher leverage options, and additional tools like VPS hosting and advanced risk management features.
The broker also offers an Islamic account, which complies with Shariah law, ensuring no interest is charged or earned on overnight positions.
This makes Fxview an inclusive choice for traders from various cultural and religious backgrounds.
Account Features Comparison Table
| Feature | Standard Account | Professional Account |
|---|---|---|
| Spreads | From 0.1 pips | From 0.0 pips |
| Leverage | 1:30 (Retail) | Up to 1:500 |
| Commission | None | $2 per lot |
| Access to Advanced Tools | Limited | Full |
| Islamic Account Option | Available | Available |
Trading Platforms: Technology at its Best
Fxview offers a comprehensive suite of trading platforms to cater to different trading styles and levels of expertise.
These include:
- MetaTrader 4 (MT4): The industry standard for forex trading, known for its intuitive interface, advanced charting tools, and automated trading capabilities through Expert Advisors (EAs).
- MetaTrader 5 (MT5): A multi-asset platform with additional features like Depth of Market (DOM), multiple order types, and support for trading a broader range of instruments.
- Fxview WebTrader: A proprietary platform that combines ease of use with advanced functionalities. It is browser-based, eliminating the need for downloads, and offers seamless integration with analytical tools.
The platforms are compatible with desktop, web, and mobile devices, ensuring traders can stay connected to the markets anytime, anywhere.
Explore Fxview PlatformsMarkets and Instruments Offered by Fxview
Fxview provides a wide array of trading instruments, catering to various trading preferences and strategies.
This diverse selection enables traders to diversify their portfolios and capitalize on different market opportunities effectively.
Forex Trading
Forex trading is a cornerstone of Fxview’s offerings, providing access to over 70 currency pairs.
This includes major pairs like EUR/USD and GBP/USD, minor pairs, and exotic pairs, allowing traders to engage in the world’s largest financial market.
The forex market operates 24 hours a day, five days a week, offering ample trading opportunities.
Commodities
Fxview enables trading in various commodities, including precious metals like gold and silver, as well as energy commodities such as crude oil and natural gas.
These instruments allow traders to hedge against inflation or speculate on price movements influenced by global economic factors.
Indices
Traders can access major global indices through Fxview, including the S&P 500, NASDAQ, and FTSE 100.
Trading indices provides exposure to the performance of a group of stocks, reflecting the overall health of specific sectors or economies.
Stocks
Fxview offers Contracts for Difference (CFDs) on a wide range of stocks from major global markets.
This allows traders to speculate on the price movements of individual companies without owning the underlying shares, facilitating both long and short positions.
Cryptocurrencies
In response to the growing popularity of digital assets, Fxview provides trading opportunities in leading cryptocurrencies such as Bitcoin, Ethereum, and Ripple.
Cryptocurrency trading is available 24/7, offering flexibility beyond traditional market hours.
ETFs
Exchange-Traded Funds (ETFs) are also available for trading on Fxview’s platform.
ETFs represent a basket of assets and offer a way to invest in a diversified portfolio with a single trade.
Bonds
For those interested in fixed-income securities, Fxview offers trading in various government and corporate bonds.
This provides opportunities to diversify portfolios and manage risk through more stable investment instruments.
Futures
Fxview provides access to futures contracts on various assets, allowing traders to speculate on the future price movements of commodities, indices, and other instruments.
Futures trading can be an effective way to hedge against potential market volatility.
Options
Options trading is available for traders looking to leverage their positions with defined risk.
Fxview offers options on various assets, providing flexibility in trading strategies.
Spot Metals
In addition to futures, Fxview offers spot trading in metals like gold and silver.
Spot trading involves the immediate purchase or sale of a commodity, providing direct exposure to the asset’s price movements.
Agricultural Commodities
Fxview’s platform includes trading opportunities in agricultural commodities such as wheat, corn, and soybeans.
These markets can be influenced by factors like weather conditions and global demand, offering unique trading opportunities.
Energy Commodities
Beyond crude oil and natural gas, Fxview offers trading in other energy commodities, including heating oil and gasoline.
These markets are essential for understanding the broader energy sector and its impact on the global economy.
Soft Commodities
Soft commodities like coffee, cocoa, and sugar are also available for trading on Fxview’s platform.
These markets can be volatile and are influenced by factors such as climate conditions and geopolitical events.
Interest Rates
Fxview provides access to interest rate instruments, allowing traders to speculate on the future direction of interest rates set by central banks.
These instruments can be crucial for understanding economic trends and making informed trading decisions.
Volatility Indices
For traders looking to hedge against market volatility or speculate on market sentiment, Fxview offers trading in volatility indices.
These indices measure the market’s expectation of volatility and can be a valuable tool in risk management.
Fxview’s diverse range of trading instruments ensures that traders have access to various markets, enabling them to implement comprehensive trading strategies and manage their portfolios effectively.
Educational Resources
Fxview goes beyond trading by empowering its clients with knowledge.
Its educational suite includes:
- Webinars: Interactive sessions hosted by industry experts.
- Video Tutorials: Step-by-step guides for beginners and advanced traders.
- Market Analysis: Daily insights, economic calendars, and expert commentary.
Customer Support and Accessibility
Fxview places significant emphasis on delivering exceptional customer service to its global clientele, including traders from Africa.
The broker provides round-the-clock support through multiple channels, ensuring that users can receive timely assistance for their queries and issues.
- Live Chat: Available 24/5, live chat connects traders to support agents in real-time. The response time is fast, making it an ideal choice for urgent matters.
- Email Support: For more detailed inquiries, traders can reach out via email. Fxview aims to respond within 24 hours, offering comprehensive solutions to client concerns.
- Phone Support: Direct phone lines cater to clients who prefer verbal communication, ensuring they can quickly address critical issues.
- FAQs: Fxview’s website features an extensive FAQ section that covers a wide range of topics, from account setup to trading strategies.
Deposits and Withdrawals
Fxview offers seamless deposit and withdrawal processes, designed to accommodate traders from diverse regions, including Africa.
The broker supports a wide range of payment methods, ensuring flexibility and convenience for its clients.
Some of the key payment options include:
- Bank Transfers: Secure and reliable, but may take 2–5 business days to process.
- Credit/Debit Cards: Instant transactions with major card providers like Visa and MasterCard.
- E-Wallets: Options such as Skrill and Neteller are supported, offering fast and low-cost transfers.
- Local Payment Methods: Fxview caters to African traders by including regional payment solutions to reduce transaction costs and delays.
Withdrawals are processed within 24–48 hours, reflecting Fxview’s commitment to efficient service.
Additionally, the broker does not charge internal fees on deposits or withdrawals, although external charges may apply depending on the payment provider.
Comparison of Deposit and Withdrawal Features
| Feature | Fxview | IC Markets | XM | Exness | eToro |
|---|---|---|---|---|---|
| Deposit Methods | Bank Transfer, Cards, E-Wallets | Bank Transfer, Cards | Bank Transfer, Cards, E-Wallets | Bank Transfer, E-Wallets | Cards, E-Wallets |
| Withdrawal Processing Time | 24–48 hours | 24 hours | 24–48 hours | Instant (for e-wallets) | Up to 5 days |
| Internal Fees | None | None | None | None | $5 per withdrawal |
| Regional Payment Support | Yes | No | Yes | Yes | No |
Trading Conditions and Execution
Fxview provides exceptional trading conditions that cater to diverse trading strategies and levels of experience.
With tight spreads, low commissions, and fast execution speeds, the broker ensures an optimal trading environment.
Key highlights include:
- Spreads: Fxview offers competitive spreads starting from as low as 0.0 pips on major forex pairs.
- Execution Speed: The broker boasts lightning-fast execution times, reducing the risk of slippage and ensuring traders can capitalize on market opportunities.
- Leverage: Retail clients can access leverage of up to 1:30, while professional clients enjoy leverage of up to 1:500.
- Order Types: Multiple order types are available, including market, limit, stop-loss, and trailing stop orders.
These features make Fxview suitable for scalpers, swing traders, and long-term investors alike.
The broker’s infrastructure supports automated trading, allowing clients to implement complex strategies using Expert Advisors (EAs) on MT4 and MT5 platforms.
Promotions and Bonuses
Fxview occasionally offers promotions and bonuses to enhance its clients’ trading experience.
These may include:
- Deposit Bonuses: Traders receive a percentage bonus on their initial deposits, boosting their trading capital.
- Referral Programs: Incentives for referring new clients to the platform.
- Trading Contests: Competitive events where traders can showcase their skills and win prizes.
Conclusion and Final Thoughts
Fxview stands out as a reliable and versatile broker, offering a robust trading environment tailored to the needs of African traders.
Its regulatory compliance, competitive trading conditions, diverse instruments, and focus on education make it an attractive option for traders at all levels.
The broker’s user-friendly platforms and efficient customer support further enhance its appeal.
While Fxview competes with industry leaders like IC Markets and XM, its inclusion of local payment methods, multilingual support, and culturally relevant resources give it a unique edge in the African market.
Traders seeking a safe, cost-effective, and feature-rich broker will find Fxview a compelling choice.
Open Your Fxview Account TodayFxview Comparison Table
This table provides a comprehensive comparison of Fxview with other leading brokers, focusing on key aspects such as demo account availability, minimum deposit requirements, regulatory bodies, trading platforms, leverage options, payment methods, and direct links to their official websites.
| Broker | Demo Account | Minimum Deposit | Regulators | Platforms | Leverage | Payment Methods | Visit |
|---|---|---|---|---|---|---|---|
| xChief | Yes | $10 | FSA | MT4, MT5 | 1:1000 | Bank Transfer, Credit/Debit Card, E-wallets | Visit xChief |
| JustMarkets | Yes | $1 | FSA, CySEC | MT4, MT5 | Up to 1:3000 | Bank Transfer, Credit/Debit Card, E-wallets | Visit JustMarkets |
| XM | Yes | $5 | ASIC, CySEC, IFSC | MT4, MT5 | Up to 1:888 | Bank Transfer, Credit/Debit Card, E-wallets | Visit XM |
| FBS | Yes | $1 | IFSC, CySEC | MT4, MT5 | Up to 1:3000 | Bank Transfer, Credit/Debit Card, E-wallets | Visit FBS |
| RoboForex | Yes | $10 | IFSC | MT4, MT5, cTrader, R Trader | Up to 1:2000 | Bank Transfer, Credit/Debit Card, E-wallets | Visit RoboForex |
| XTB | Yes | $0 | FCA, CySEC, KNF | xStation 5, MT4 | Up to 1:500 | Bank Transfer, Credit/Debit Card, E-wallets | Visit XTB |
| Exness | Yes | $1 | FCA, CySEC, FSA | MT4, MT5 | Up to 1:2000 | Bank Transfer,Credit/Debit Card, E-wallets | Visit Exness |
| IC Markets | Yes | $200 | ASIC, CySEC | MT4, MT5, cTrader | Up to 1:500 | Bank Transfer, Credit/Debit Card, E-wallets | Visit IC Markets |
| eToro | Yes | $50 | FCA, ASIC, CySEC | eToro Platform | Up to 1:400 | Bank Transfer, Credit/Debit Card, E-wallets | Visit eToro |
| IQ Option | Yes | $10 | CySEC | IQ Option Platform | Up to 1:1000 | Bank Transfer, Credit/Debit Card, E-wallets | Visit IQ Option |
| LiteFinance | Yes | $50 | CySEC | MT4, MT5 | Up to 1:500 | Bank Transfer, Credit/Debit Card, E-wallets | Visit LiteFinance |
| FxPro | Yes | $100 | FCA, CySEC | MT4, MT5, cTrader | Up to 1:500 | Bank Transfer, Credit/Debit Card, E-wallets | Visit FxPro |
| EasyMarkets | Yes | $25 | ASIC, CySEC | MT4, EasyMarkets Platform | Up to 1:500 | Bank Transfer, Credit/Debit Card, E-wallets | Visit EasyMarkets |
| Deriv | Yes | $5 | MFSA, VFSC | MT5, Deriv Platform | Up to 1:1000 | Bank Transfer, Credit/Debit Card, E-wallets | Visit Deriv |
| Amarkets | Yes | $100 | FSA | MT4, MT5 | Up to 1:1000 | Bank Transfer, Credit/Debit Card, E-wallets | Visit Amarkets |
Fxview Trading Instruments
This table highlights the variety of trading instruments available with Fxview compared to other brokers.
The list includes CFDs, Forex, Stocks, Commodities, Cryptocurrencies, Metals, and ETFs, allowing traders to evaluate the breadth of markets offered.
| Broker | CFD | Forex | Stocks | Commodities | Crypto | Metals | ETFs |
|---|---|---|---|---|---|---|---|
| Fxview | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| xChief | Yes | Yes | Yes | Yes | Yes | Yes | No |
| JustMarkets | Yes | Yes | No | Yes | Yes | Yes | No |
| XM | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| FBS | Yes | Yes | No | Yes | Yes | Yes | No |
| RoboForex | Yes | Yes | Yes | Yes | Yes | Yes | No |
| XTB | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Exness | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| IC Markets | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| eToro | Yes | Yes | Yes | Yes | Yes | No | Yes |
| IQ Option | Yes | Yes | No | Yes | Yes | No | No |
Updated as of: March 4, 2025
User Reviews and Opinions
Frequently Asked Questions
Is Fxview regulated?
Yes, Fxview is regulated by the Financial Sector Conduct Authority (FSCA) in South Africa and the Cyprus Securities and Exchange Commission (CySEC).
What is the minimum deposit required to start trading with Fxview?
The minimum deposit required is $50, which is accessible for most traders.
Does Fxview offer an Islamic account?
Yes, Fxview offers Islamic accounts that comply with Sharia law, suitable for Muslim traders.
What trading platforms does Fxview support?
Fxview supports MetaTrader 4 (MT4), MetaTrader 5 (MT5), and cTrader, but does not have a proprietary platform.
Are there any withdrawal fees with Fxview?
No, Fxview does not charge any withdrawal fees, making it more affordable for traders.
How can I contact Fxview customer support?
Fxview offers several support options, including live chat, email, phone, and a comprehensive FAQ section.
Does Fxview offer a demo account?
Yes, Fxview provides a demo account for traders to practice and familiarize themselves with the platform.
What payment methods are available with Fxview?
Fxview accepts various payment methods including bank transfers, credit/debit cards, and e-wallets like Skrill and Neteller.
What types of accounts does Fxview offer?
Fxview offers several types of accounts including Standard, Islamic, and MAM accounts, catering to different trader needs.
Is Fxview suitable for scalping?
Yes, Fxview allows scalping, making it a good option for traders who prefer this strategy.
Resources
- Official Website: Fxview Official Website
- Facebook: Fxview Facebook
- Twitter: Fxview Twitter
- LinkedIn: Fxview LinkedIn
Get To Know Our Team
The following team members have contributed to writing, editing, reviewing, and verifying the information in this article:
Arnold K.
Arnold is a financial journalist specializing in Forex and brokers. With a Bachelor of Science in Graphic Communication & Advertising, he blends creativity and analytical insight in his work. Arnold is known for his detailed analyses of forex markets and broker performance, emphasizing strategic decision-making in trading. His writing, featured on many platforms, aims to educate readers on navigating forex complexities. Passionate about technology and continuous learning, Arnold remains a trusted voice in the financial sector.
Oluwapelumi A.
Oluwapelumi A. is a financial journalist specializing in brokers and cryptocurrency. He holds a Higher National Diploma from The Polytechnic, Ibadan. As an independent journalist, his work has been published on premier broker sites, providing insightful analyses on broker performance and market trends. His investing style focuses on dollar-cost averaging, and his expertise includes Bitcoin, Ethereum, Cardano, and Algorand. A firm believer in the transformative power of Bitcoin and blockchain, Oluwapelumi shares knowledge on how these technologies can shape the future financial system. Outside of writing, he enjoys meeting new people and exploring new experiences.
Adetola F.
Adetola is a financial journalist and market analyst. He holds a B.Sc. in Educational Media and Technology from the University of Ilorin. Specializing in swing and position trading, Adetola has expertise in currencies, cryptocurrencies, gold, and stocks. Known for his consistent performance and extensive experience, he has trained numerous successful students worldwide. Adetola frequently publishes articles, educational videos, and live market reviews to help others navigate the complexities of financial markets.
Updated as of: March 4, 2025