Fxview Overall rating

	Rating	Weight
User Rating	4.5 (1 reviews)	3
Popularity	3.7	3
Regulation	5.0	2
Pricing rating	4.9	1
Features	Not rated	1
Customer Support	Not rated	1

We tested Fxview using real-money live accounts. Our reviews are unique in that they do not have any bias for or against any broker and are driven purely on the underlying data we compile from live account testing, regulatory data, and opinions from customers. We list all brokers and do not charge a fee for it. We offer additional visibility for a fee, but our review content cannot be influenced. Read our About Us page to read our editorial guidelines and how we make money.

Trustworthiness & Regulation

Fxview is a relatively new broker in the forex industry, having been founded in 2017. Despite its short time in the market, it has garnered a positive user rating of 4.0 out of 5, ranking it 41st out of 815 forex brokers based on user ratings and 48th based on expert ratings. The broker attracts a substantial amount of web traffic, with 152,888 organic monthly visits, ranking it 107th in terms of popularity.

Fxview is regulated by two entities: Charlgate Ltd is regulated by Cyprus CYSEC, and Orivest Pty Ltd is regulated by South Africa FSCA. These regulatory licenses ensure that Fxview adheres to stringent financial standards, including segregated client money and negative balance protection. However, it is important to remember that even highly regulated and successful financial firms have failed in the past.

Company	Licenses & Regulations	Segregated Client Money	Deposit Compensation Scheme	Negative Balance Protection	Rebates	Max. Leverage Retail Clients
Charlgate Ltd	Cyprus - CY CYSEC		up to €20,000			30 : 1
Orivest Pty Ltd	South Africa - ZA FSCA					500 : 1

Deposit Insurance

Fxview provides deposit insurance and investor compensation programs under its regulatory frameworks. Under CYSEC regulation, clients are entitled to compensation if the firm fails, ensuring a level of security for investors.

This deposit compensation scheme is crucial for protecting investors' funds in unforeseen circumstances. Additionally, the segregated client money policy ensures that client funds are kept separate from the broker's operational funds, adding an extra layer of security.

Spreads and Costs

Fxview offers competitive spreads across various asset classes. Compared to industry-leading brokers, Fxview’s forex and commodities spreads are notably lower, making it an attractive option for traders.

For instance, the average forex spread is 0.90 pips, which is lower than many competitors. However, its crypto spreads are higher than the average, which may be a consideration for crypto traders.

Combined Spread/Commission Costs by Asset Class Compared to Market Leading Brokers

Note: Crypto averages comprise (BTCUSD, ETHUSD), forex averages comprise (EURUSD, USDJPY, GBPJPY, EURGBP, AUDNZD, CADCHF), indices averages comprise (US30, AUS200), and commodities average comprises (XAUUSD, XAGUSD) and that data is sampled every 10 seconds for 24 hours to calculate the average. Forex is stated in pips, and the others are stated in base currency. All spreads including both spread and commission calculated in.

Our data comes from our sophisticated spread analyzer tool, which collects live account information and syncs with our performance analytics system. To compare all brokers and instruments with the latest live data, visit our spread analyzer tool. A spread is the difference between the bid (sell) and ask (buy) price of an asset and can vary widely between brokers and account types.

Some brokers charge higher spreads but no commission, while others charge both, making it crucial to assess the total cost, which includes both spread and commission. Our values reflect this all-in cost. Note that some brokers may set low costs on popular pairs like EURUSD but higher rates on other instruments.

Many brokers also advertise "as low as" spreads that may not reflect the true average or include commissions. Comparing true all-in cost averages across various instruments and asset classes is vital for accurate assessment.

Combined Spread/Commission Costs Per Instrument Compared to Market Leading Brokers

Swap Rates/Financing Fees

Swap fees, also known as financing fees, are the cost of holding a position overnight. These fees can either be positive (earning interest) or negative (paying interest).

Fxview's swap rates are not public and cannot be compared with other brokers, but its competitors like IC Markets and FxPro offer competitive rates.

Does Fxview Offer Islamic/Swap-free Accounts?

Islamic trading accounts, also known as swap-free accounts, are designed to comply with Sharia law, which prohibits earning interest. These accounts do not incur swap or rollover interest on overnight positions.

Fxview does offer Islamic accounts to its clients. To apply for an Islamic account, traders need to contact Fxview's customer support and provide necessary documentation to prove their eligibility.

Once approved, they can trade without worrying about swap fees, making it a suitable option for traders following Islamic finance principles.

Other Fees

In addition to spreads, commissions, and swap rates, Fxview may charge other fees. Based on our research, here are some of the common fees traders should be aware of:

Comparison to other Brokers

When compared to other brokers, Fxview stands out in several areas while falling short in others. Fxview’s average forex spread of 0.90 pips is competitive, especially when compared to brokers like Forex.com, which has an average spread of 3.05 pips.

However, Fxview's crypto spread of 3.07 is higher compared to IC Markets’ 9.10. Fxview’s user rating of 4.0 is commendable, but it has a relatively lower popularity rating of 3.7 out of 5.

The broker is relatively new, having been founded in 2017, whereas competitors like Oanda and Forex.com have been established for much longer, giving them a longer track record of reliability.

Fxview offers a high maximum leverage of 500:1 for retail clients under FSCA regulation, which is significantly higher than the 30:1 leverage offered by many European brokers due to regulatory restrictions.

Fxview’s regulation by both CYSEC and FSCA adds a layer of trustworthiness, but it does not provide its financials publicly, which might be a concern for some traders.

Overall, Fxview is a strong contender in the forex market, especially for those looking for competitive spreads and high leverage options.

Trading Platforms - Mobile, Desktop, Automated

Fxview offers three main trading platforms: MetaTrader 4 (MT4), MetaTrader 5 (MT5), and ActTrader. MT4 is renowned for its user-friendly interface, advanced charting tools, and extensive support for automated trading through the MQL4 programming language, which is relatively easy to learn. MT5 builds on MT4’s features, offering more timeframes, an economic calendar, and improved backtesting capabilities, with automated trading supported through MQL5, which has a moderate learning curve.

ActTrader is another versatile platform provided by Fxview, supporting desktop, mobile, and web access. It offers robust charting tools and supports automated trading through the ActFX language, which is easier to learn than MQL5 but still powerful enough for complex strategies.

Each platform offers unique features, catering to different trading styles and preferences, ensuring that Fxview’s clients have access to the best tools for their trading needs.

What Can you Trade?

Fxview offers a diverse range of tradable instruments, primarily focusing on CFDs (Contracts for Difference). This includes over 50 forex pairs, 5 cryptocurrencies, more than 390 stock CFDs, 11 stock index CFDs, and 5 commodities CFDs.

CFDs allow traders to speculate on the price movements of these assets without owning the underlying asset. This provides opportunities for leverage, but also comes with increased risk, as losses can exceed the initial investment.

Trading CFDs offers flexibility and the potential for significant gains, but it is essential to understand the associated risks. Leverage can amplify both profits and losses, making risk management crucial. For more detailed information on the specific instruments available, visit Fxview’s website.

Available Leverage

Fxview offers different leverage levels depending on the regulatory entity and the instrument traded. Under CYSEC regulation, the maximum leverage for retail clients is 30:1, in line with European regulations aimed at protecting investors.

However, under FSCA regulation in South Africa, Fxview offers significantly higher leverage up to 500:1 for retail clients, providing more trading power but also increasing potential risks.

It is important for traders to understand the implications of using high leverage and to use it judiciously to avoid significant losses.

Prohibited Countries

Fxview does not offer services to residents of certain countries. Based on our research, some of the prohibited countries include the United States, Canada, and Iran.

This restriction is primarily due to regulatory requirements and the broker's licensing agreements. Traders from these countries will need to seek alternative brokers that are authorized to operate in their jurisdictions.

Fxview Account types

	Raw ECN
Maximum leverage	500:1
Mobile Platform	MT4 Mobile, MT5 Mobile, Proprietary
Trading platform	MT4, MT5, Proprietary
Spread Type	Variable Spread
Minimum Deposit	50
Minimum Trade Size	0.01
Trailing Stops
Scalping Allowed
Hedging Allowed
Islamic Accounts

	Raw ECN
Maximum leverage	500:1
Trading platform	MT4MT5Proprietary
Mobile platform	MT4 MobileMT5 MobileProprietary
Spread type	Variable Spread
Minimum deposit	50
Minimum Trade Size	0.01
Trailing Stops
Scalping Allowed
Hedging Allowed
Islamic Accounts

Fxview Web traffic

Our web traffic data is sourced from SimilarWeb and sums the traffic data of all websites associated with a broker. Organic visits are visits the broker didn't pay for, based on the available data. This data updates once monthly and can be based on data purchased from internet service providers, traffic metrics sourced by a third party such as Google Analytics that the company chooses to share with SimilarWeb, etc.

Fxview Profile

24 hour support

Segregated Accounts

Islamic Accounts

Non expiring demo

Trading API

Cent accounts

Negative balance protection

Regulatory deposit insurance

Trailing stops

Bonuses

Interest on margin

Fixed spread

Variable spread