FXVC Review

FXVC is a CFD and FX broker that made its entry into the financial markets in 2018. FXVC stands for Forex Venture Capital, and is located in Cyprus. This allows it to offer its forex and CFD trading product to a wide market in, Europe and internationally. More than 305 assets are traded on FXVC, and the asset index features a wide array of currency pairs, as well as Contracts for Difference contracts on stocks, indices and precious metals. Regulation by two of the world’s major regulatory agencies provides a balance of integrity, market confidence and investor protection. By being regulated by CySEC, investors are automatically enrolled into the investor compensation funds that are available in EU.

Why is it important to have forex and CFD assets domiciled in one place? It allows traders to trade different markets from one location, without the need for multiple brokerage accounts and the nightmares that can result from managing each one individually. Being able to trade multiple markets from one source, with all regulatory protocols in place for investor protection, is certainly an advantage that FXVC brings to the table.

Company Information

Name:

Europe: Centralspot Trading (Cyprus) Ltd

 

Website:

www.fxvc.eu (Europe)

Founded in:

2018

Headquarters:

Limassol, Cyprus

The Owner:

Centralspot Trading (CY) Ltd

Phone:

+442036083405 or +44-2033188118

Email:

support@fxvcservices.eu (Europe)

Minimum Deposit:

€500

Minimum Trade Amount:

0.01 lots

Maximum Per Trade:

No limit

Languages Available:

English

Trading Platform

The trading platform offered by FXVC is the Tradersoft Web platform, and it is available on Google Play.

Main Features

One of the features that make this broker stand out is the large number of trading instruments that cut across various markets. Assets traded on FXVC include up to 65 forex pairs, spot metals such as gold and silver, 45 index CFDs that cover the major stock market indices, 95 stocks and 18 commodity CFDs. That is not all: you can also trade a Bitcoin CFD.

In terms of investor protection, having an account with FXVC ensures you are trading with a broker regulated by the Cyprus Securities and Exchange Commission (CySEC). You are automatically enrolled into the Investors Compensation Fund operated by CySEC to protect you against any broker infractions that affect your money, should any one of such events occur. So trading with FXVC means you can trade with peace of mind.

Customer Support

Live chat is available in English Language, German and Italian. There are 3 phone numbers for different locales around the world, and users also have one email address to choose from, with each email being a channel of customer support to either of the two FXVC broker locations. Other support channels include an online contact form, which is invariable connected to the email addresses.

Ultimate Overview

FXVC allows trading in a regulated environment, with leverage restricted to 1:30 for users of FXVC Europe (due to new ESMA rules). Spreads are fixed and can be as low as 0.1 for users of the high-end trading accounts. This resource provides actionable analysis of various assets. This is however not available to traders who operate the Basic Account type. Video lessons and the special ebook on trading written by the FXVC team for new traders is available are all available for free.

There are various payment channels for deposits and withdrawals. For instance, you can use the local bank wire option if you live in Australia, or you can use conventional credit/debit cards (MasterCard and Visa), international wire transfers, EFT and Skrill. Apart from the bank wires, the other payment methods provide a quick way to deposit and withdraw funds, as it takes just 1 day to process transactions.

Choose from any of the specialized account types on FXVC Europe accounts, and start your trading with as low as €500. There is a trading account type for everyone on FXVC.

 

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