Fxview Review 2024 with Rankings by Dumb Little Man

By John V

February 16, 2024   •   Fact checked by Dumb Little Man

Overall Rating

Overall Ranking

Trading Terminals

1.5

111th

Evaluation Criteria

The Dumb Little Man team, consisting of financial experts, experienced traders, and private investors, utilizes a sophisticated algorithm to conduct detailed evaluations of brokerage services. Their analysis centers on crucial aspects such as:

  • User Experience
  • Earnings Potential
  • Reliability
  • Broker Expertise
  • Cost-Effectiveness


Incorporating real user feedback into their assessments, they provide a well-rounded and unbiased perspective. Their meticulous investigation highlights Fxview as a trustworthy option for those in search of a reliable financial partner. However, Dumb Little Man encourages potential clients to carefully review their comprehensive analysis to understand any possible limitations associated with the broker.

Fxview Review

“Forex brokers” act as intermediaries between the retail trader and the interbank forex market, providing access to trade currencies. Among the numerous brokers in the market, Fxview stands out as a notable option. Created in 2009, Finvasia has ventured into various sectors including financial services, healthcare, real estate, financial technology, and blockchain.

This review goes into detail about Fxview, looking at what it offers, how well it works, and how reliable it is for Forex trading. This article uses the knowledge and experiences of experts to try to give readers a full picture of what Fxview can do for users of all levels.

What is Fxview?

Ever since 2009, Fxview has been a well-known name in finance. It is owned by the huge Finvasia Group, which has many businesses in technology, finance, and other areas. The name is one of a kind because it is registered and controlled in many places. This gives traders all over the world a high level of safety and compliance.

With a managing team made up of tech and finance experts, Fxview is known for being ahead of the curve in the trading world. It was one of the first businesses in India to give trades without any fees, and it has helped many banks around the world with their technology needs. Many awards, such as “Best Global Broker” and “Best ECN/STP Broker,” show how successful Fxview is in its field.

Fxview cares about being open and giving clients power. The company also works hard to keep clients’ money safe. As needed by regulators, the company keeps each client’s money in a separate account. The company also offers negative balance protection to make sure clients don’t lose more than they put in.

Their ECN business plan gives clients access to deep liquidity and institutional-grade pricing. They offer spreads from 0 pips and fast execution speeds, so they can serve both new and experienced traders. Fxview is a valued partner in the Forex trading community because it follows the rules, comes up with new trading solutions, and focuses on customer service.

Safety and Security of Fxview

Dumb Little Man learned a lot about Fxview’s safety and security, which backs up its image as a reliable Forex broker. Fxview is very careful to follow all the rules because it is registered and controlled by many groups around the world. Traders can work in a safe environment thanks to this complicated set of rules and laws.

Two important parts of the Fxview name are Fxview Europe (Charlgate Ltd), which is controlled by the Cyprus Securities and Exchange Commission (CySEC) and has a license number 367/18 with Financial Sector Conduct Authority (FSCA), and Fxview Global (Charlgate SVG LLC), which is based in St. Vincent and the Grenadines. It is also the job of the Securities and Exchange Board of India (SEBI) to keep an eye on Finvasia Securities Private Limited.

Because of these applications, Fxview has been following the rules in many places since it began in November 2009. They also show that the company is dedicated to being honest.

Following the rules set by regulators in the EU and other areas shows that Fxview cares about protecting its clients and being honest. Traders should look at Fxview’s registration page to find the legal entity that is best for their home country and make sure they deal with the properly controlled entity.

Pros and Cons of Fxview

Pros

  • Regulated by multiple authorities
  • No fees for using platforms
  • 100% deposit bonus for deposits over $200
  • Low minimum deposit requirements
  • Competitive spreads and commissions
  • Efficient deposit and withdrawal processes
  • Attractive affiliate program
  • Comprehensive customer support with multiple channels

Cons

  • Customer support is not available on weekends
  • Limited live chat and call center hours
  • Some users reported unexpected account adjustments
  • Withdrawal method restrictions for profits

Sign-Up Bonus of Fxview

Fxview enhances the trading experience by offering a 100% deposit bonus to its clients. This enticing offer applies to every deposit over $200, with the potential to receive up to $20,000 in bonus funds. This sign-up bonus effectively doubles a trader’s equity, providing additional margin for larger position sizes and amplifying trading capabilities.

To get this deposit bonus, new members must first sign up for an account with Fxview and become part of their active trading group. After opening an account, the trader should invest at least $200 and choose to receive the 100% investment Bonus.

The bonus is added right away, doubling the amount of the investment and giving traders more time to learn about the markets. This bonus not only gives dealers more power, but it also gives them more chances to make money when the market moves.

Minimum Deposit of Fxview

With a minimum investment of only USD 50, Fxview makes it easy for new traders to get started. People can start trading without having to make a big initial payment thanks to this easy-to-reach threshold. For example, this shows that Fxview wants to make Forex dealing more open and available to more people, helping traders of all skill levels.

Fxview Account Types

Our team of experts at Dumb Little Man did a lot of study and testing to come up with this comprehensive guide to Fxview Account Types. There are a lot of different trading needs and tastes, so these accounts let traders pick the one that fits their trading strategy and needs the best.

Zero Commission Account

This account is great for traders who want to save money because it doesn’t charge trading fees and gives you access to the MT4, MT5, and ActTrader platforms. Spreads start at just 0.6 pips.

  • Base Currency Options: EUR, USD, GBP, AUD, ZAR, CAD
  • Leverage: Up to 500x
  • Negative Balance Protection: Yes
  • Spreads: From 0.6 Pips
  • Minimum Deposit: $50
  • Three Trading Platforms: MT4, MT5, ActTrader
  • Execution: ECN
  • Commission: $0
  • Scalping and Hedging: Yes

RAW ECN Account

This account is for people who want to get direct access to the market. It has low commissions of $2 per 100,000 per side, raw spreads starting at 0 pips, and it allows both scalping and hedging strategies.

  • Base Currency Options: EUR, USD, GBP, AUD, CAD, ZAR
  • Leverage: Up to 500x
  • Negative Balance Protection: Yes
  • Spreads: From 0.0 Pips
  • Minimum Deposit: $50
  • Three Trading Platforms: MT5, MT5, ActTrader
  • Execution: ECN
  • Commission: $2/100k per side
  • Scalping and Hedging: Yes

Premium ECN Account

This type of dealing is aimed at experienced and high-volume traders and has higher minimum deposits of $5,000, faster execution speeds, and ultra-low spreads starting at 0.0 pips.

  • Base Currency Options: EUR, USD, GBP, AUD, CAD, ZAR
  • Leverage: Up to 500x
  • Negative Balance Protection: Yes
  • Spreads: From 0.0 Pips
  • Minimum Deposit: $5,000
  • Three Trading Platforms: MT4, MT5, ActTrader
  • Execution: ECN
  • Commission: $1/100k Per Side
  • Scalping and Hedging: Yes

Islamic Account

Offers a swap-free trading environment that is in line with Sharia law. It has spreads starting at 0.6 pips, leverage of up to 500x, and low commissions, making it perfect for traders who follow Islamic finance principles.

  • Base Currency: USD
  • Leverage: Up to 500x
  • Negative Balance Protection: Yes
  • Spreads: From 0.6 Pips
  • Minimum Deposit: $50
  • Trading Platform: MT4
  • Execution: ECN
  • Commission: $2 per 100k
  • Scalping and Hedging: Yes

Fxview Customer Reviews

Some people had bad experiences with Fxview, but most people had good ones. A lot of traders like the site because it is stable, has low spreads, and is simple to use. Because of these things, the site is a safe and useful spot to trade forex. A lot of people say that being able to see market info in real time and use advanced tracking tools helps them make smart choices. This is true for ALL buyers, not just new ones.

But sometimes traders are unsatidfied, especially when changes to their accounts make them lose gains they didn’t expect. For example, some users said they lost a lot of money without being told. These kinds of experiences show how important it is for the broker and its global clients to be clear and talk to each other, even though they seem to be isolated events in a larger pattern of good feedback.

Fxview Fees, Spreads, and Commissions

In the competitive forex trading market, Fxview stands out because it doesn’t charge traders to use its platform. This means that traders can use their services without having to pay extra. As opposed to many brokers that charge different fees for different things, Fxview takes a simple, clear approach to trade costs.

In order to charge fees, the broker uses floating spreads that begin at as little as 0.01 pips and a set trading commission of $1 per lot. Traders will benefit from this model because it doesn’t charge fees for withdrawals. However, it’s still a good idea to check for possible fees from banks or payment systems when doing a bank transfer. With its ECN and Islamic accounts, Fxview offers a fair place to trade. The minimum spreads for both start at $1.5, and there are no exit fees.

Deposit and Withdrawal

A trading professional at Dumb Little Man put Fxview through a lot of tests, and it’s clear that its deposit and withdrawal methods are the best. There are no fees for traders to make deposits or withdrawals on the site itself, but it’s important to keep in mind that third-party payment processors may still charge fees.

For traders in the EU, the minimum deposit is €200. For traders around the world, it’s as low as $50, and for cryptocurrency deposits, it’s even less than $5. This makes it possible for people with a wide range of financial situations to make donations.

Fxview makes it easy to get your money quickly. For online payment processors, you can get your money right away, and for other methods, you’ll have to wait up to one working day. Withdrawals must be at least $50 and no more than $200. Fxview processes requests within 24 hours, which shows that it is dedicated to quick and clear financial operations.

The addition of a Fxview wallet makes managing funds even easier. Traders can easily move money between their wallet and trading accounts, which makes trading generally more enjoyable.

How to Open a Fxview Account

Opening an account with Fxview is a simple process that is meant to make it easy for traders to use the site. By following these nine easy steps, you can start trading right away and have a smooth transfer from signing up to trading.

  1. Visit the Fxview website and click on the “Register Now” button in the top right corner.
  2. Choose your residence country, input your email, set a password, verify you’re not a bot, and click “Register.”
  3. Check your email for a confirmation code from Fxview, then paste this code on the broker’s site and press “Submit.”
  4. Hit the “Complete Registration” button in your account, fill in your personal details, and click “Next.”
  5. Answer a questionnaire to tailor the broker’s services to you and upload identity verification documents as directed.
  6. After document verification, access your account fully to fund it using the menu on the left, choosing a preferred deposit method.
  7. With funds added, download the trading platform of your choice between MT4, MT5, or ActTrader to commence trading.
  8. Ensure all provided information is accurate and up to date to avoid any delays or issues with account verification.
  9. Start exploring the trading opportunities available on Fxview with your new account.

Fxview Affiliate Program

The Fxview Affiliate Program is a good way for people with a network of clients to make money by using their business ties. Affiliates can earn a fee for every trade their referred customers make with Fxview. This is because they are working with a regulated broker that is known for having great trading conditions.

The program’s payment system is flexible, so affiliates can pick the one that works best for them by choosing between a CPA plan or a commission-based plan. A special IB Portal shows referral action and earnings in real-time, making things clear and under your control.

Fxview makes it easier for affiliates by giving them a personal IB Manager, a unique tracking link for keeping an eye on their referrals’ activity, fast payouts, and full marketing support with ads and landing pages. The process is easy: just sign up as an Introducing Broker, tell your network about Fxview, and get paid for helping the company grow.

Fxview Customer Support

Based on what Dumb Little Man went through, Fxview Customer Support stands out as an important part of the brokerage’s services. Fxview makes sure that traders can get help through a variety of methods because they know how important it is to get help quickly and correctly. These include a call center, email help, LiveChat, and a ticketing system that are all open 24 hours a day, seven days a week to meet the needs of traders around the world.

Multiple ways to get help show that Fxview is dedicated to providing excellent service, which lowers the chance that traders will be disappointed and decide to switch to a different broker. By putting an emphasis on quick and easy support, Fxview builds strong relationships with its users, which boosts trust and happiness in its trading platform.

Advantages and Disadvantages of Fxview Customer Support

AdvantagesDisadvantages
24/5 technical support availability

Support accessible without registration

Multiple communication channels
No weekend support

Limited call center hours (9:00 - 18:00 GMT+2)

Fxview vs Other Brokers

#1 Fxview vs AvaTrade

Fxview excels with its ECN accounts and competitive spreads, focusing on low trading costs and a strong regulatory presence. AvaTrade offers a broad range of trading instruments and educational resources, targeting traders interested in manual and automated trading.

Verdict: AvaTrade suits those seeking diversity and educational support, while Fxview is ideal for traders prioritizing cost-efficiency and regulatory security.

#2 Fxview vs RoboForex

RoboForex is recognized for its diverse trading platforms and tailored trading conditions, serving various trading styles since 2009. Fxview differentiates itself with low commission rates, ECN trading access, and competitive spreads.

Verdict: RoboForex appeals to those desiring platform diversity and customization, whereas Fxview is preferred for efficient, low-cost trading.

#3 Fxview vs FXChoice

FXChoice works on trading Forex and CFDs in emerging markets and commodity CFDs, which is good for diversifying your portfolio. Fxview is aimed at traders who want to save money by offering low spreads and commissions, great customer service, and a strong regulatory system.

Verdict: FXChoice is better for traders interested in commodities and emerging markets, while FxView is better for those looking for competitive conditions and governmental security.

Choose Asia Forex Mentor for Your Forex Trading Success

Traders who want to make a solid living trading forex, stocks, or cryptocurrencies, the trading gurus at Dumb Little Man highly recommend that you enroll in Asia Forex Mentor’s forex trading program.

The platform, which is led by renowned trader Ezekiel Chew, is notable for its distinctive approach to trading instruction. Ezekiel is well-known for consistently making seven-figure trades.His unparalleled expertise and perspectives distinguish Asia Forex Mentor from other educational resources.

A comprehensive education that goes over stock, cryptocurrency, and forex trading in detail is offered by Asia Forex Mentor. By doing this, it is ensured that pupils are ready to succeed in these markets. The platform has consistently produced profitable traders in the past. This demonstrates the efficacy of its mentoring and training programs.

Students benefit greatly from Ezekiel’s assistance; they receive tailored guidance that enables them to successfully negotiate the complexity of each market.

Along with a group of traders that support one another, traders join Asia Forex Mentor. Members of this group are more inclined to collaborate and exchange ideas, which benefits everyone’s learning.

Traders can also gain a great deal of knowledge about how psychology and discipline can help them deal with issues on the site. Traders acquire the skills necessary to manage stress, control their emotions, and make wise decisions.

Learners of Asia Forex Mentor get access to useful resources and frequent updates on the newest tactics and developments. This aids in their ability to stay up with the volatile stock market. After receiving a thorough education at Asia Forex Mentor, a large number of its alumni are now self-sufficient. This is why the tool is good and beneficial.

The greatest learning resource for traders hoping to become wealthy and have fulfilling careers in the financial industry is without a doubt Asia Forex Mentor. With Asia Forex Mentor’s extensive curriculum, knowledgeable mentorship, practical approach, and welcoming community, students can gain all the knowledge necessary to succeed in a variety of financial markets.

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Conclusion: Fxview Review

According to traders at Dumb Little Man, Fxview’s minimal costs and abundance of rules make it an excellent platform for trading CFDs and forex. Fxview is a popular trading platform among traders due to its low fees and safety, as well as its compatibility with various trading styles and methodologies.

Those who wish to use it should be aware of the limitations, however, Fxview is unique in that it has strict regulations and low transaction charges. It’s an excellent option for stable individuals looking to enter the market because of this. Customers can learn everything they need to know to improve their trading skills on Asia Forex Mentor.

>> Also Read: SimpleFX Review 2024 with Rankings by Dumb Little Man

Fxview Review FAQs

Is Fxview a good broker?

Yes, Fxview is thought to be a good exchange for traders who want to do business in a safe and cheap environment. It is safe to trade forex and CFDs at Fxview because it has low fees, different account types, and strong government control. The site claims to have low trading fees and access to many financial markets, so users of all levels can use it.

What countries is Fxview restricted in?

Fxview has to follow the government’s strict rules. But it can’t work in some places because they have their own rules and license requirements. You can call customer service or look online for a list of countries that can’t use Fxview. Traders need to look at this list a lot. They will be sure to follow all the laws and rules in the area this way.

Who owns the Fxview company?

Finvasia Group owns Fxview. Finvasia Group is a business that does many things. Finvasia Group has a lot of different services, such as banking, bitcoin, and technology services. You are good at many things, which is good for Fxview’s needs. We can see that Fxview is very strong in the trading business and really wants to offer good trading services.

Dumb Little Man Recommends – Top 3 Best Forex Brokers in 2024

John V

John is a digital marketing master's student who enjoys writing articles on business, finance, health, and relationships in his free time. His diverse interests and ability to convey complex ideas in a clear, engaging manner make him a valuable contributor to these fields.

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