Education and Research
Tools and Features
Fxview is a European CFD broker owned by Charlgate Ltd, a company regulated by the Cyprus Securities Exchange Commission (CySEC). Fxview provides a variety of services, including negative balance protection, a safer trading environment, business cash being maintained in separate accounts, and access to cutting-edge technologies without subjecting your capital to further risks. Learn more about this CFD broker by reading our complete Fxview review.
- Competitive trading conditions with multiple trading platforms to choose from
- Trading CFDs on a variety of trading instruments (forex trading is also included)
- Advanced trading tools, analytical tools, charts, and indicators for technical and fundamental analysis
- Excellent customer support available 24/7
- Tight spreads and fast execution through the raw ECN account
- Copy trading and many other strategies are allowed
- A demo account is available
- Low minimum deposit
- Real stock trading is not allowed
- Only one type of trading account is available
If you are located in Europe or another region that allows CFD trading, there are many brokers to choose from. Fxview is one of them, providing access to CFDs on indices, stocks, cryptocurrency, and commodities, along with forex trading. If you are still searching for the right broker and excellent trading conditions, check out the following sections for a thorough Fxview review.
Fxview is a European CFD broker owned by Charlgate Ltd, a company regulated by the Cyprus Securities Exchange Commission (CySEC). It is also a member of the Investor Compensation Fund. In addition to this, Charlgate Ltd is regulated throughout Europe, including by the FCA in the United Kingdom, the BaFIN in Germany, ACPR in France, along with local authorities in Norway, Spain, and Italy.
Joining a regulated broker like Fxview has many perks, such as negative balance protection, a safer trading experience, company funds being kept in segregated accounts, and access to cutting-edge technology without exposing your capital to additional risks, other than those of trading CFDs, which are contracts whose value is derived from the underlying asset.
Next, we’ll discuss the trading conditions, platforms, pricing, and other features of this CFD broker.
Trading Conditions and Platforms
Similar to many other CFD brokers, Fxview offers access to the popular MetaTrader platforms (MT4 and MT5), but also to ActTrader, which is not very common among brokers (another alternative would be Turnkey Forex, but this broker is not regulated).
MetaTrader trading platform is known as a feature-rich trading application available on desktop, mobile phone, or directly in your browser. Some of its main trading tools include automated trading (via Expert Advisors, or EAs), multiple order types, 30 default indicators, and a news section.
MT4 is highly popular among forex traders, while MetaTrader 5 is a multi-asset trading platform that provides access and enhanced tools for trading CFDs on stocks, indices, commodities, and other financial instruments.
Overall, MetaTrader platforms are an all-in-one solution for active traders who want fully customizable trading conditions. There are multiple charts and advanced tools available that facilitate the implementation of nearly any short- or medium-term trading strategy.
Regarding ActTrader, the platform is less popular than MetaTrader, but it does pack multiple powerful tools and features, including a customizable trading interface, market analysis, risk management, multiple order types, and variable chart types and time frames.
Compared to MT4 and MT5, which are the industry standard, ActTrader may be more difficult for beginners due to the steeper learning curve. Also, if you want to use MetaTrader, this platform is available through many online brokers, unlike ActTrader.
Another difference is that you can only trade stocks (CFD) via MT5, while neither MT4 nor ActTrader will allow you to trade CFDs on these financial instruments. MT5 has the most time frames available (21) and order types (6). It’s important to note that ActTrader is not compatible with Mac devices.
This online broker provides multiple trading tools to aid you in your trading journey. The most important of them are:
- Virtual Private Server (VPS), which ensures stable and solid trading conditions, so your trades are not negatively impacted by latency. This service is free for traders who deposit at least €5,000, or you can purchase a monthly subscription (starting at €25 per month) if you deposit less.
- Trader’s toolbox is another highly useful feature that contains multiple tools, including an alarm manager which notifies you or even takes automatic actions when events occur, a correlation matrix of various financial instruments, a correlation trader (for strategies using pairs of assets), Excel RTD app, a market manager (with a market watchlist), a mini terminal, sentiment trader, and more.
- Indicator packages, which include mini charts, a magnifier of timeframes, pivot points, order history, freehand drawing, and many others.
- Autochartist, available for free, which is software that scans assets and recognizes trades based on support and resistance levels.
- API trading with FIX API and REST API connectivity
- Economic calendar
- Trading calculator (for fees and commissions)
Finally, as you can choose from multiple platforms, access to tools and features also depends on your decision. All three platforms discussed above are known for their personalized interface, so you can craft your unique trading environment.
Education and Research
Fxview provides a rich educational section. You can get inspired by the market insights section, check market news, watch video tutorials (for both beginners and experienced traders), and get familiar with forex basic terms.
Unlike other brokers like Xtreamforex, Fxview does not provide multiple account types. All clients, regardless of deposit, investment objectives, or experience, can open a raw ECN live account (Electronic Communication Network) that benefits from tight spreads. Its trading account comes with up to 1:500 leverage, a margin call/stop out level of 70/50, a minimum trade size of 0.01 lots, and spreads starting at 0 pips. However, there is a commission of €1 per €100,000.
Overall, Fxview has one of the most competitive pricing structures in the industry when it comes to its trading account. It’s important to note that the actual spread is variable, and it is also influenced by the asset you want to trade (for instance, exotic forex pairs like SPXUSD (0.8 pips) have a higher spread than major pairs like EURUSD (0 pips)). Also, crypto trading may come with variable costs, depending on the chosen financial instrument.
Another important aspect to keep in mind is that, even though the minimum deposit required is only €5, the actual amount depends on what payment method you choose. For example, credit or debit cards may come with a minimum transfer limit of €10, while bank transfers often have a higher limit, such as €200.
While there are many deposit methods available (including Skrill, Neteller, Klarna, and others), the rapid transfer of your profit can only be done via bank transfer, Skrill, or Neteller. Also, the minimum withdrawal amount is €50.
The dedicated customer support team at Fxview is available 24/5 via live chat, phone, email, and multiple social media platforms. This is a great help if you encounter any issues when registering or during your trading experience. There is also a FAQ section available that covers some of the most popular issues, so potential users may want to check that before contacting the team to find quick answers.
How Does Fxview Compare?
Fxview offers raw ECN accounts, which guarantee low spreads and fast transaction speeds. IC Markets also provides this type of account, but the minimum deposit is higher (€200), and the spreads are higher, starting from 0.6 pips (for the standard account). Also, Fxview’s commission is much lower than many other forex brokers: IC Markets charges €7 per round turn, while Fxview charges only €2 per round turn.
Apart from costs, Fxview provides a very detailed educational and research section, which is quite rare among discount brokers. For example, Kot4x boasts ECN trading, but the education and knowledge section is severely lacking, while the commission is €7, and the minimum spread starts at 0.4 pips.
Similar to other online brokers, Fxview provides access to MT4 and MT5, which are the standard platforms in the trading world. It does not own any proprietary platforms, unlike Bux (for mobile trading) or FP Markets.
Who Is Fxview Best For?
Fxview has a highly competitive cost structure, so traders looking for low-cost trading conditions will find that Fxview may be worth their time and effort. The broker provides access to the industry-standard platforms MT4 and MT5, but also ActTrader, which may suit more advanced traders. You have the freedom to trade forex, but you can also opt for crypto trading or trading CFDs on multiple asset classes. However, make sure you use all the risk management tools available as derivatives may lead to losing money rapidly.
In terms of trading strategies, Fxview accommodates all types, as long as you are not a passive investor. CFDs may not be a good option for a buy-and-hold or long-term strategy because they incur higher costs and are riskier than holding real financial assets. Hence, before signing up with Fxview, you need to keep in mind that your capital is at risk when trading these derivatives.
Does Fxview charge an inactivity fee?
No, Fxview does not charge an inactivity fee. However, CFDs are best for short- and medium-term trading strategies, so this broker may not be suitable for passive investors.
In which countries is Fxview allowed?
Fxview is a regulated broker available to European clients but is not allowed in several countries, including the United States, Cyprus, Sudan, and Cuba.
What is the Investor Compensation Fund (ICF)?
The ICF is an initiative that aims to protect investors if the broker goes through financial hardship. For instance, with Fxview, you are protected up to €200,000. If the broker is unable to pay over its clients’ assets because of financial issues, ICF will return the assets.
Does a raw ECN account have any benefits?
ECN execution model means that the broker is in a partnership with institutional-grade liquidity providers, unlike a market maker, which requires dealing desk intervention. In other words, this model makes it possible for you to benefit from the lowest spreads and fast execution speeds. Also, there is a VPS available, which will further improve your experience and minimize latency.
Conclusion: Fxview Review
Overall, Fxview is a highly competitive broker that stands out from the crowd thanks to very low costs, a plethora of tools and features, education, and access to the industry-standard MT4 and MT5 platforms. If you are still unsure if it’s the right broker for you, you can register with a demo account first and test it, then switch to a real trading account when you are ready.