About FXVIEW
Who is FXVIEW?
FXVIEW is a forex and CFD broker established in 2020 and headquartered in South Africa. The company operates through Finvasia Capital South Africa (PTY) LTD, with a registered address at 3rd Floor, 34 Whiteley Blvd, Melrose Arch, Birnam, 2196. It presents itself as a regulated multi-asset broker catering to retail and professional traders globally.
Since its inception, FXVIEW has positioned itself as a competitive ECN broker, emphasizing tight spreads, high leverage, and a choice of modern trading platforms. The broker claims to serve clients in multiple jurisdictions under its regulatory umbrella, though its primary oversight comes from authorities in Cyprus and South Africa.
Regulatory Status
FXVIEW highlights its dual regulation as a cornerstone of client fund safety. It holds a Derivatives Trading License (STP) from the Cyprus Securities and Exchange Commission (CYSEC) under license number 367/18, and a Derivatives Trading License (EP) from the Financial Sector Conduct Authority (FSCA) of South Africa under license number 50410. Both regulators are known for enforcing strict financial standards, including client fund segregation and periodic audits.
For traders, this dual regulation means that the broker is subject to ongoing supervision in two respected jurisdictions. CYSEC regulation provides compensation scheme coverage up to €20,000 for eligible clients, while FSCA oversight adds another layer of local accountability for South African-based operations.
Account Types and Conditions
FXVIEW offers three main account types to suit different trader profiles. The RAW ECN account requires a minimum deposit of $50 and charges a commission of $2 per 100k per side, with spreads starting from 0.0 pips. The Premium ECN account has a higher entry threshold of $5,000 but lowers the commission to $1 per 100k per side, still with spreads from 0.0 pips. Both accounts offer maximum leverage of 1:1000.
The Islamic (swap-free) account is available for traders who cannot receive or pay swap interest due to religious reasons. It also features leverage up to 1:1000 and spreads from 0.6 pips, with a commission structure of $2 per 100k traded. This account type is designed for longer-term strategies without overnight financing costs.
Platforms and Instruments
According to the broker, traders can access the markets through MetaTrader 5 (MT5), ActTrader, or the proprietary Fxview app. MT5 is widely regarded for its advanced charting, algorithmic trading capabilities, and multi-asset support. ActTrader is a web-based platform known for its clean interface and fast execution, while the Fxview app targets on-the-go trading.
FXVIEW states that it provides trading on a broad range of instruments, including forex, commodities, cryptocurrencies, indices, and stocks. The mention of multiple exotic pairs and cryptocurrencies suggests a diverse portfolio aimed at traders seeking assets beyond mainstream markets. However, a full instrument list is not publicly detailed by the broker.
Fees, Spreads, and Commissions
FXVIEW structures its pricing around variable spreads and per-side commissions on ECN accounts, with the RAW ECN and Premium ECN accounts typically showing spreads from 0.0 pips during liquid markets. Commissions are clearly stated at $2 and $1 per 100k per side, respectively. The Islamic account features slightly wider minimum spreads from 0.6 pips but includes the same $2 commission.
Overnight swap fees apply on standard accounts and are described as competitive by many users, though actual swap rates vary by instrument and market conditions. The broker does not explicitly disclose all potential non-trading fees, so traders are advised to review the account terms for inactivity or administrative charges.
Deposits and Withdrawals
Funding is designed to be accessible, with a low minimum deposit of $50 and support for Skrill, Neteller, and bank transfers. Withdrawals are processed through Skrill and Neteller, typically within the timeframe claimed by the broker. While many user reviews praise fast withdrawals, some complaints indicate occasional delays.
FXVIEW’s withdrawal policy stipulates security checks that may include KYC verification, which can slow first-time withdrawals. The broker maintains that it processes withdrawals efficiently, but the mixed user feedback suggests that actual processing times can vary depending on account verification status and market conditions.
Who is FXVIEW For?
FXVIEW targets cost-sensitive traders who value raw spreads and high leverage, especially those using ECN execution. The broker’s low minimum deposit and competitive commission structure appeal to beginners and experienced traders alike. Swing traders may find the Islamic swap-free option particularly beneficial.
However, the broker’s broad asset offering and professional platforms also cater to algorithmic and high-volume traders, though reported slippage issues may give pause to scalpers who rely on ultra-precise execution. Overall, FXVIEW suits traders who prioritize low-cost trading conditions and are willing to navigate the potential friction of KYC and occasional withdrawal delays.
Overview compiled by FXCanary from regulatory records and public data. full FXVIEW review