Fxview Broker Regulation & Legit Safety | Verified by CySEC

Regulation & Licensing Overview

Fxview operates under strict regulation, ensuring that it adheres to industry standards and provides a secure trading environment. Here's a breakdown of its regulatory status:

Cyprus (CySEC)

• Regulator: Cyprus Securities and Exchange Commission (CySEC)
• Status: Regulated
• Regulated Entity: Charlgate Ltd
• License Type: Straight Through Processing (STP)
• License No.: 367/18

Importance: CySEC regulation ensures that Fxview follows stringent financial regulations, offering client protection, including funds segregation and transparency in financial reporting.

United Kingdom (FCA)

• Regulator: Financial Conduct Authority (FCA)
• Status: Revoked
• Regulated Entity: CHARLGATE LTD
• License Type: European Authorized Representative (EEA)
• License No.: 850138

Importance: While Fxview was once regulated by the FCA, its license was revoked, which may affect its credibility within the UK market. Traders should be cautious of this status.

South Africa (FSCA)

• Regulator: Financial Sector Conduct Authority (FSCA)
• Status: Exceeded
• Regulated Entity: FINVASIA CAPITAL SOUTH AFRICA (PTY) LTD
• License Type: Financial Service Corporate
• License No.: 50410

Importance: Fxview held a valid FSCA license, though it has now surpassed the jurisdiction's regulatory conditions. It is crucial for traders in South Africa to ensure that Fxview still meets their needs and offers compliant services.

Client Fund Security

Fxview takes multiple steps to ensure that clients funds are safe:

Funds Segregation:

Fxview segregates client funds from its own operational funds and stores them in top-tier, regulated banks. This reduces risk in the case of company insolvency.

Negative Balance Protection:

The broker provides negative balance protection, ensuring that traders cannot lose more money than they have in their accounts, which provides a significant safety net in volatile markets.

Data Protection:

Fxview employs advanced encryption techniques and secure servers to protect sensitive customer information and funds. This ensures that personal and financial data are protected from unauthorized access.

Cybersecurity Measures:

In addition to traditional security measures, Fxview uses cutting-edge technology to detect and prevent fraud or unauthorized activities, maintaining a secure trading environment.

FAQs about Fxview Regulation & Safety

Q1: Is Fxview a regulated broker?

Yes, Fxview is regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number 367/18. However, its UK FCA license was revoked, so caution is advised for UK traders.

Q2: Is my money safe with Fxview?

Yes, Fxview segregates client funds in separate accounts, ensuring your funds are protected in case of company insolvency. Additionally, the broker offers negative balance protection.

Q3: What does CySEC regulation mean for Fxview clients?

CySEC regulation ensures that Fxview adheres to strict financial standards, offers investor protection, and maintains transparency in its financial operations.

Q4: Can I trust Fxview despite the FCA license being revoked?

While the revocation of Fxviews FCA license is a concern for UK traders, the company is still regulated by CySEC, which offers solid protections. Always assess your risk tolerance before proceeding.

Q5: What security measures does Fxview have for online trading?

Fxview uses advanced encryption protocols, multi-layered cybersecurity systems, and secure bank accounts to protect client funds and data from fraud or cyber-attacks.

Q6: Can I still trade safely with Fxview in South Africa despite the FSCA status?

Although Fxview‘s FSCA license is exceeded, its CySEC regulation provides a reliable safety framework. Traders should consider the broker’s overall compliance when deciding to invest.