FXVC Review

fxvc-logo

Online Forex and CFD trading are extremely popular among novice and amateur investors. It’s because of the ease-of-access and the numerous opportunities to generate additional income online.

That’s why so many brokers are trying to break through into the market and attract clients. Few are those that can actually offer the wholesome services online investors need to succeed with trading.

FXVC is a trading broker that’s been providing top-quality services in Forex Trading to online investors since 2018. It is one of the top brokers you could join if you’re looking for a direct approach to trading. Compared to investment robots, with the brokers, the control is all yours.

That’s why you need a trustworthy and reliable platform to trade on, and we can definitely recommend the FXVC investment broker. But let’s see why!

An important fact to know is that FXVC offers self-trading services only. This means you as a trader will be buying and selling according to your own decisions. If you are looking for auto-trading apps you can check out Bitcoin Revolution or Crypto Group which are both tested and approved by our team.

Is FXVC Safe?

The results from our review show that FXVC is a safe and reliable broker that is worth considering. Based on financial assets, trading platform versatility, regulation, and fairness, we can recommend it with confidence.

FXVC
fxvc-logo

Name: FXVC

Description: FXVC is a trading broker that’s been providing top-quality services to online investors since 2018. It is one of the top brokers you could join if you’re looking for a direct approach to trading. Compared to investment robots, with the brokers, the control is all yours.

Application Category: Broker

  • User-friendly
  • Demo
  • Support
  • Features
Overall
4.9

Summary

If you’re tired of the old Forex and CFD brokers and bored what they have to offer you, FXVC is a great alternative. It might be fairly new but is quickly gaining traction among investors. That’s because it offers safety, regulation, and high-quality services and trading opportunities.

Pros

  • Multiple account types;
  • Exclusive & essential investment tools;
  • Licensed & regulated;
  • Additional mechanisms to protect clients’ funds;
  • Can run on mobile devices.

Cons

  • Limited number of tradable assets;
  • Requires constant Internet connection;
  • Doesn’t have a dedicated app;
  • No auto-trading.

Visit FXVC Website

What is FXVC?

FXVC is a Forex and CFD broker established and operated by Centralpost Trading Ltd. The company is regulated by CySEC – the Cyprus Securities and Exchange Commission, which controls the legal operations of the broker in Europe.

This is the first sign you’re dealing with a trustworthy and legit investment broker. The availability of a license is a strong signal for traders that they are joining a safe platform.

FXVC recognizes that investors have different needs and goals when they take to online trading. That’s why they offer a portfolio of 300 tradable assets and several platforms for convenience, in addition to the high-level security and safety of the investment environment.

FXVC Assets & Markets

Compared to some brokers that have been operating for more years than FXVC, its asset portfolio is considerably smaller. That doesn’t mean the selection is no great. The broker has made sure to give you access to all major markets and sought-after assets for you to invest in. These include:

  • CFD Trading – trade commodities, indices, and stocks;
  • Forex Trading – trade major, minor, exotic, and cryptocurrency pairs;
  • Crypto CFD Trading – trade cryptocurrencies under the CFD financial derivative.

The collection of assets is a great example of the versatility of the platform. It hardly matters what is your asset of choice. Chances are you’ll be able to find it and invest accordingly.

FXVC Trading Platform

The team of FXVC has developed their trading platform with simplicity and efficiency in mind. It is lite and will run smoothly on any browser, as long as your Internet connection is stable. The only downside is that, unlike older brokers, it still doesn’t have a mobile application. Otherwise, it is compatible with every operating system.

In every other aspect, the FXVC WebTrader is a great platform, especially if you’re a novice trader. It is clean and removes confusing clutter. You can easily view whatever is of interest. The default view shows a list of the assets you can trade in any given category. You can switch between the categories and execute trades with a handful of clicks.

FXVC-cfd

Or if you prefer to focus on a single asset instead and monitor its price movements for the sake of short-term positions and quick profits, simply choose the view that offers only the asset of your interest.

FXVC-crypto-cfds

>> Visit FXVC Official Website <<

Last but not least, you can get a condensed view of the assets. It will display the assets you trade most often to give you one-click trading opportunities.

FXVC-forex

Last but not least, you can alternate between candlesticks and a line graph, depending on what your trading style is. The WebTrader platform is quite versatile and it can fit any taste or trading habits.

Everything is well organized, and you can execute wholesome trades and invest with a couple of clicks. The WebTrader ensures that even newbies with limited experience will be able to navigate the platform. Despite the simplicity, all trading essentials are at your disposal.

From the trading platform, you’ll be able to monitor the following values:

  • Initial Margin;
  • Pip Value;
  • Balance – your account balance;
  • Open P&L – total profits and losses from open positions;
  • Equity – your balance plus the open P&L;
  • Available Margin – the funds you have available for trading and not associated with any trades;
  • Maintenance Margin – this is the amount that is used to maintain your open positions active, and you need to keep a close eye on it;
  • Margin Usage – the part of the equity that is in use for your open positions.

FXVC Special Trading Features

The broker provides you with all the tools necessary for fruitful and successful investment experience. Those are tools that can be utilized by novices and professional in equal measure, so everyone gets an equal footing when trading on the platform of the FXVC broker. You can expect:

  • Stop-Loss Feature – available for each trade and investment you make, the stop-loss is a command that instructs the platform to automatically close a position if the market shifts unexpectedly against you. Sudden market moves have ruined not one or two investments, and FXVC gives you the chance to secure all your bases.
  • Trading Alerts – those are trading signals based on market sentiment and financial analyses that indicate suggestions for underlying assets and direction in which to place a trade, that could be profitable for the trader.
  • Market Sentiment – indicated as popularity, the indicator on the trading platform shows what other traders like you choose more often for the asset you consider of investing in – buying or selling.
  • Analysis Charts – because FXVC aims to empower newbies, as well as experienced investors, they’ve provided a crucial element for any trader. Don’t worry if you’re not good at making financial analyses to better understand the markets. The broker offers those to its clients. You can both learn and benefit from using the various charts available.
  • Negative Balance Protection – available for all clients, its goals is to prevent you from losing more than you have invested on the broker platform.

All of these additional features aim to give you a wholesome, if not better, investment experience that is balanced and adjusted according to the latest market developments. All of that, for better trading performance based on more informed investment decisions.

FXVC Account Types

When you sing up for the platform, you’ll be able to choose an account type to fit your needs as an online investor. There are 5 account types to choose from, different in the minimum deposit required to have in it and the additional features and perks you might get:

  • Basic Account – requires a minimum deposit of €500 or more, gives you access to all tradable assets and the analysis research alert.
  • Silver Account – requires a minimum starting capital of €5,000 or more, comes with a dedicated client manager, email alerts, market reviews, tailor-made educational resources, and more.
  • Gold Account – the minimum required deposit is €10,000 or more and enables you to receive SMS trading alerts.
  • Platinum – the required minimum deposit is €25,000 or more, and comes with lower spreads and a loyalty store access.
  • VIP – for the largest investors, the required minimum is €100,000 or more and a full library of personalized educational resources, on top of everything else.

FXVC-account-types

The best course of action is comparing what the accounts have to offer to your own needs as an online investor. You can always contact the FXVC team for further details on what each account entails. In addition, if you decide to start small but see that you are on a fast track to growth, you can always upgrade your account to a higher tier and get the associated benefits.

Visit FXVC Website

FXVC Limits & Applicable Fees

There are a few types of fees and financial limits you need to be aware of when joining FXVC:

  • Maintenance Fee: this refers to maintaining and managing your account on the trading platform. There is a monthly maintenance fee of €/$/£ 20 per month, depending on your account currency.
  • Dormant Account Fee: this refers to accounts that have been inactive for 60 or more days and covers handling costs of inactive accounts. The fee is €/$/£ 50.
  • Withdrawal Fee: the fee is deducted from your balance for each withdrawal you make. It is 1% of the withdrawn amount, or a minimum of €/$/£ 35. The maximum withdrawal fee you could be charged is €/$/£ 100.
  • Withdrawal Minimum: refers to the minimum possible withdrawal you can make and amounts to €/$/£ 50.

FXVC Payment Methods

For the comfort of their investors, the broker offers several methods you can use for carrying out financial operations. When it comes to deposits and withdrawals, you should be able to choose the method that suits you best. With FXVC you can choose from:

  • Visa;
  • Mastercard;
  • Skrill;
  • EFT;
  • Wire Transfer.

Regulation – Is FXVC Scam or Safe?

As we already discussed, FXVC has been licensed and regulated by the Cypress Securities and Exchange Commission. You’re probably used to recognizing this most prominent authority as CySEC.

Possessing a license by the Commission is a clear signal that the broker aims to have a transparent and client-oriented safety policy. In addition to regulatory safety, the platform is SSL encrypted, ensuring the encryption of your personal information.

Last but not least, they apply strict Know Your Customer and Anti-Money Laundering policies put in place for the protection of your accounts, investments, and money. In other words, FXVC is one of the few Forex and CFD brokers out there that truly value the safe and reliable experience of their clients.

FXVC Education & Resources

To be able to trade successfully online on volatile markets and with financial derivatives like the CFD, you need to have some basic understanding of the terminology and what’s what in an investment platform.

FXVC ensure to provide with that and takes it a step further. They have live investment webinars, tailor-made educational resources for investors on the different tears, and the essential tools and glossary to help you start a successful investment endeavour.

Every client has full access to the basic investment education provided by the platform. This is greatly beneficial for all traders. It can help you get a better grasp of the industry and help you develop your own trading strategies. Our team strongly encourages you to take advantage of everything they offer along the lines of honing your investment skills.

Get Further Support

Along with regulation and licensing, dedicated customer support is a prerequisite for any reliable broker to have. FXVC, though a smaller broker, can easily compete with the bigger competitors. They provide focused customer-oriented support.

You can reach the support teams Monday to Friday from 6a.m. to 8p.m. GMT, and you will get immediate and adequate help regardless of your questions and needs. The support is available via multiple channels for communication:

  • Live Chat;
  • Email;
  • Phone – for the UK, Sweden, and Cyprus.

In addition to all that, higher-tier clients of the broker will also get their dedicated account manager to personally handle any cases that arise.

PROS:

  • Well-balanced selection of financial assets;
  • Cryptocurrency trading;
  • In-house developed investment platform;
  • Easy to use and navigate;
  • Extremely user-friendly;
  • Full transparency in terms of fees and charges;
  • Multiple account types;
  • Exclusive & essential investment tools;
  • Licensed & regulated;
  • Additional mechanisms to protect clients’ funds;
  • Can run on mobile devices;
  • Additional educational resources.

CONS:

  • Limited number of tradable assets;
  • Requires constant Internet connection;
  • Doesn’t have a dedicated app;
  • No auto-trading.

Conclusion

highly-recommended-badge

If you’re tired of the old Forex and CFD brokers and bored what they have to offer you, FXVC is a great alternative. It might be fairly new but is quickly gaining traction among investors.

That’s because it offers safety, regulation, and high-quality services and trading opportunities. You can get access to all major and hot investment assets and trade with confidence.

In addition, its investment platform is made exclusively for the broker and in-house, guaranteeing you a unique experience that is worth your while. For all that, our team is convinced that the FXVC broker is a great choice for users at every skill level when it comes to online investments and we strongly recommend it.

Visit FXVC Website