Fxview Broker Review | Regulation & Bonus Insights

Fxview Broker Overview

Fxview is an online broker providing access to global markets such as forex, commodities, indices, stocks, and cryptocurrencies. Founded and regulated in Cyprus under the Cyprus Securities and Exchange Commission (CySEC), Fxview offers a wide range of trading platforms, including MT5 and ActTrader, making it a versatile choice for traders.

Fxview Regulation & Compliance

One of the most crucial aspects of any trading broker is its regulatory status. Fxview is regulated by the Cyprus Securities and Exchange Commission (CySEC), offering certain protections to traders. CySEC is a respected regulatory body in the EU, ensuring that the broker adheres to European financial standards.

Despite its CySEC regulation, Fxview's previous license with the UKs FCA has been revoked, which could raise concerns for traders in the UK. The revocation of this license means that Fxview no longer holds the same credibility in the UK market as it once did.

Moreover, Fxviews previous regulation under the South African FSCA is noted as “Exceeded.” This means that the FSCA no longer oversees Fxview, leaving the broker with less coverage in South Africa.

Although CySEC regulation provides some protection, potential traders should be aware of the potential risks involved, particularly in markets outside of Cyprus.

Fxview Deposit & Bonus

Fxview offers a highly attractive 100% deposit bonus, doubling the traders initial deposit. For traders who deposit over $200, this bonus can significantly increase the available capital to trade. The bonus is available across all accounts, including Raw ECN, Premium ECN, and Islamic accounts.

However, traders should note that the bonus is subject to terms and conditions. To withdraw the bonus and any profits, traders must meet specific trading volume requirements. This feature can benefit traders who are confident in their strategies, but it can also be restrictive for those who wish to withdraw funds quickly.

In addition to the deposit bonus, Fxview also has no fees for deposits or withdrawals, making it an attractive choice for those who value low-cost trading. The bonus can be used for margin purposes, which enhances the trader's position size and risk management.

What Are Pros & Cons of Fxview?

FAQs about Fxview Review

Q1: Is Fxview a regulated broker?

Yes, Fxview is regulated by the Cyprus Securities and Exchange Commission (CySEC). However, its UK FCA license has been revoked, which limits its credibility in the UK.

Q2: Can I use the 100% deposit bonus right away?

Yes, the bonus is credited immediately after your deposit, but you will need to meet specific trading volume requirements to withdraw it.

Q3: Does Fxview charge any fees for deposits or withdrawals?

Fxview does not charge any fees for deposits or withdrawals, but third-party payment providers may impose their own fees.

Q4: What platforms does Fxview offer?

Fxview offers MT5 and ActTrader platforms, providing flexibility for traders with different preferences.

Q5: Can I trade with high leverage on Fxview?

Yes, Fxview offers leverage up to 1000x on certain accounts, allowing traders to control larger positions with smaller capital.