FXVC Review

Regulated by: CySEC

Headquarters: Cyprus

Ranking: 19

Spread: 2.8 pip for EURUSD

Leverage: 30:1

Minimum Deposit: €250


FXVC Review & Author's Comment

Established in 2014, FXVC is a popular online trading brokerage with regards to CFDs as well as covers a great assortment of financial markets, like indices, forex, commodities, stocks, as well as cryptocurrencies. The Broker strives to serve every trader with the utmost respect and sincerity. It is because of this very reason that the business has a strong focus on providing secure and transparent trading services in addition to an excellent customer support desk.

FXVC is owned and operated by Centralspot Trading Limited which is regulated by Cpyurs’s CySEC. The Broker delivers users the capability to trade on more than 250+ CFD instruments including Forex, Commodities, Cryptocurrencies, Indices and stocks through its own web based trading platform. The platform allows for completely customizable price charts, superior execution and revolutionary trading tools.

FXVC clients can choose between five different account types which are Bronze, Silver, Gold, Platinum and VIP. Each of those account types come with different minimum deposits, trading costs and analytical and educational resources.

Is FXVC Reliable?

Centralspot Trading Limited is FXVC’s parent company and it is authorized by CySEC to offer online trading services under the license number 238/14. It is good news for traders in terms of reliability of the broker since CySEC is considered one of the most credible financial watchdogs in the forex industry.

CySEC stipulates the brokers under its oversight to keep a minimum operation capital of $730,000 and client funds in a protected and segregated bank account. Additionally, the brokers have to participate in ICF (Investor Compensation Fund) which is an insurance plan securing up to $20,000 of the traders fund in case the broker suffers financial insolvency.

FXVC Account Types

There are five different account types that FXVC offers to its clients which are Bronze, Silver, Gold, Platinum and VIP. Spreads and other trading costs are generally the same for Bronze, Silver and Gold account types but lower for Platinum and VIP, though minimum deposit is very high for these two account types. The maximum leverage offered by FXVC is 30:1 and typical spread on EURUSD for Bronze Account is 2.8 pips.

  • Bronze Account: Minimum deposit is €250. Bronze account users are granted access to a wide range of trading instruments and are able to use the instructional tools such as forex eBooks, educational video clips, economic calendar and analysis charts. In addition, Bronze members receive a highly sought after look into the market review and professional trading signals, therefore they often remain on top with present economic events.
  • Silver Account: The minimum deposit is €10,000. Silver members benefit a bigger set of advantages. In addition to an appealing trading platform, they get to experience one of the live trading events. The webinars, hosted by FXVC expert analysts, are aimed to provide traders with an exclusive insight into major trading and economic events. On top of that, a Silver account grants access to ‘Market Buzz’, an innovative & powerful trading tool, that helps traders know more by reading less.
  • Gold Account: You have to deposit at least €25,000 in order to become eligible for Gold Account. Besides the advantages mentioned for Bronze and Silver accounts, Gold accounts get access to Gold trading signals, four one-on-one academy lessons and an exclusive seat in two of the live trading events. Gold members are not charged for any cost when withdrawing funds from their account.
  • Platinum Account: Minimum deposit is €100,000 for Platinum account type. This account type takes traders one step closer to the trading conditions that they have always dreamed of. Along with eight one-on-one forex academy lessons and access to four live trading events, Platinum account holders can withdraw their money without any fee.
  • VIP Account: Minimum deposit is €250,000. Platinum accounts get access to unlimited one-on-one academy lessons and eight live trading events. The spreads and other trading costs are considerably lower compared to other account types. This account grants unlimited VIP trading signals and free of charge withdrawals.

FXVC Customer Support

FXVC offers customer service Monday to Friday between 06:00 – 20:00 GMT through telephone, live chat , email and web contact form. The broker also provides an FAQ section which includes useful information regarding funding & withdrawal, account registration, trading platform, trading strategies.

FXVC Trading Platforms

FXVC offers its own web-based trading platform. Traders can invest on various financial assets on a range of chart styles and timeframes on FXVC web trading platform. The platform comes with more than 50 technical indicators which support the trader for making trading decisions. Mobile version of the platform is very easy to use and clear. Traders can access all of the features offered by the web trading platform when on the move through their mobile phone.

FXVC Withdrawal and Deposit Methods

Once you open your trading account, you are going to need to find the “Deposit” tab that is highlighted in bright green. You’ll then be taken to the banking section of the client panel in which you’ll be provided with a broad range of deposit and withdrawal methods to fund your FXVC trading account. These methods include Wire Transfer (SWIFT), Credit/Debit Card, PayPAl, Skrill, iDEAL, Sofort, Trustly, Neteller, EuTeller, EPS and giropay. Just choose the deposit method of the, provide the required details as well as include the amount you want to deposit. All deposits made for FXVC are immediate, and there aren’t any hidden fees with regards to depositing money.

FXVC Trading Insturments

FXVC offers the ability to trade on more than 250 financial products covering forex, stocks, commodities, indices and cryptocurrencies with a leverage up to 30:1. In addition to major forex pairs, minors and various exotic currencies such as ZAR, MXN, NOK, SEK are available. Commodities include Gold, Silver, Platinum and Oil. Bitcoin, Ethereum, Ripple, Litecoin and DASH are the available cryptocurrencies. The major stock indices such as DOW JONES, NASDAQ, S&P, DAX, CAC, FTSE are available in addition to more than 100 company stocks.

FXVC Final Word

Founded in 2014 and regulated by CySEC, FXVC is a reliable forex broker that could provide traders with favorable trading conditions. There are five different account types that traders can choose from. The broker does not offer the industry standard trading platform MetaTrader. Though, their own web based trading platform is convenient and features the essentials that a forex trader would ever need. FXVC offers trading on more than 250 financial instruments including forex pairs, commodities, cryptocurrencies, indices and company stocks with a tad higher spreads compared to the similar forex brokers.


Broker Detail
Adress: Gladstonos 110 Corner of Mesolongiou Str, Ayia Trias 3032, Cyprus
Phone: +44 20 3936 1455
Web: https://fxvc.eu
E-Mail: [email protected]
Regulator: CySEC
Year Founded: 2014

Instruments
Forex:
Precious Metals:
Energy:
Soft Commodities:
Indices:
CFDs:
Stocks:
ETFs:
Bonds:
Options:
Cryptocurrencies: Bitcoin, Ethereum, Ripple, Litecoin and DASH

Account Options
ECN Account:
Swap-Free Account:
Nano Account:
MAM / PAMM Account:
Demo Account:
Funding Methods: Wire Transfer (SWIFT), Credit/Debit Card, PayPAl, Skrill, iDEAL, Sofort, Trustly, Neteller, EuTeller, EPS and giropay
Withdrawal Methods: Wire Transfer (SWIFT), Credit/Debit Card, PayPAl, Skrill, iDEAL, Sofort, Trustly, Neteller, EuTeller, EPS and giropay

Customer Services
Live Chat:
24 Hours Support:
Languages: English, German, Italian, Spanish and Swedish

Platforms
Supported Platforms: FXVC Web Platform
Webtrader:
Mobile: IOS, Android

Trading
Leverage: 30:1
Spreads: 2.8 pip for EURUSD
Minimum Deposit: €250
Fixed Spreads:
Automated Trading:
Hedging:
API Trading:
Negative Balance Protection:
Accepts Clients from the US:
Bonus:

Established in 2014, FXVC is a popular online trading brokerage with regards to CFDs as well as covers a great assortment of financial markets, like indices, forex, commodities, stocks, as well as cryptocurrencies. The Broker strives to serve every trader with the utmost respect and sincerity. It is because of this very reason that the business has a strong focus on providing secure and transparent trading services in addition to an excellent customer support desk.

FXVC is owned and operated by Centralspot Trading Limited which is regulated by Cpyurs’s CySEC. The Broker delivers users the capability to trade on more than 250+ CFD instruments including Forex, Commodities, Cryptocurrencies, Indices and stocks through its own web based trading platform. The platform allows for completely customizable price charts, superior execution and revolutionary trading tools.

FXVC clients can choose between five different account types which are Bronze, Silver, Gold, Platinum and VIP. Each of those account types come with different minimum deposits, trading costs and analytical and educational resources.

Is FXVC Reliable?

Centralspot Trading Limited is FXVC’s parent company and it is authorized by CySEC to offer online trading services under the license number 238/14. It is good news for traders in terms of reliability of the broker since CySEC is considered one of the most credible financial watchdogs in the forex industry.

CySEC stipulates the brokers under its oversight to keep a minimum operation capital of $730,000 and client funds in a protected and segregated bank account. Additionally, the brokers have to participate in ICF (Investor Compensation Fund) which is an insurance plan securing up to $20,000 of the traders fund in case the broker suffers financial insolvency.

FXVC Account Types

There are five different account types that FXVC offers to its clients which are Bronze, Silver, Gold, Platinum and VIP. Spreads and other trading costs are generally the same for Bronze, Silver and Gold account types but lower for Platinum and VIP, though minimum deposit is very high for these two account types. The maximum leverage offered by FXVC is 30:1 and typical spread on EURUSD for Bronze Account is 2.8 pips.

  • Bronze Account: Minimum deposit is €250. Bronze account users are granted access to a wide range of trading instruments and are able to use the instructional tools such as forex eBooks, educational video clips, economic calendar and analysis charts. In addition, Bronze members receive a highly sought after look into the market review and professional trading signals, therefore they often remain on top with present economic events.
  • Silver Account: The minimum deposit is €10,000. Silver members benefit a bigger set of advantages. In addition to an appealing trading platform, they get to experience one of the live trading events. The webinars, hosted by FXVC expert analysts, are aimed to provide traders with an exclusive insight into major trading and economic events. On top of that, a Silver account grants access to ‘Market Buzz’, an innovative & powerful trading tool, that helps traders know more by reading less.
  • Gold Account: You have to deposit at least €25,000 in order to become eligible for Gold Account. Besides the advantages mentioned for Bronze and Silver accounts, Gold accounts get access to Gold trading signals, four one-on-one academy lessons and an exclusive seat in two of the live trading events. Gold members are not charged for any cost when withdrawing funds from their account.
  • Platinum Account: Minimum deposit is €100,000 for Platinum account type. This account type takes traders one step closer to the trading conditions that they have always dreamed of. Along with eight one-on-one forex academy lessons and access to four live trading events, Platinum account holders can withdraw their money without any fee.
  • VIP Account: Minimum deposit is €250,000. Platinum accounts get access to unlimited one-on-one academy lessons and eight live trading events. The spreads and other trading costs are considerably lower compared to other account types. This account grants unlimited VIP trading signals and free of charge withdrawals.

FXVC Customer Support

FXVC offers customer service Monday to Friday between 06:00 – 20:00 GMT through telephone, live chat , email and web contact form. The broker also provides an FAQ section which includes useful information regarding funding & withdrawal, account registration, trading platform, trading strategies.

FXVC Trading Platforms

FXVC offers its own web-based trading platform. Traders can invest on various financial assets on a range of chart styles and timeframes on FXVC web trading platform. The platform comes with more than 50 technical indicators which support the trader for making trading decisions. Mobile version of the platform is very easy to use and clear. Traders can access all of the features offered by the web trading platform when on the move through their mobile phone.

FXVC Withdrawal and Deposit Methods

Once you open your trading account, you are going to need to find the “Deposit” tab that is highlighted in bright green. You’ll then be taken to the banking section of the client panel in which you’ll be provided with a broad range of deposit and withdrawal methods to fund your FXVC trading account. These methods include Wire Transfer (SWIFT), Credit/Debit Card, PayPAl, Skrill, iDEAL, Sofort, Trustly, Neteller, EuTeller, EPS and giropay. Just choose the deposit method of the, provide the required details as well as include the amount you want to deposit. All deposits made for FXVC are immediate, and there aren’t any hidden fees with regards to depositing money.

FXVC Trading Insturments

FXVC offers the ability to trade on more than 250 financial products covering forex, stocks, commodities, indices and cryptocurrencies with a leverage up to 30:1. In addition to major forex pairs, minors and various exotic currencies such as ZAR, MXN, NOK, SEK are available. Commodities include Gold, Silver, Platinum and Oil. Bitcoin, Ethereum, Ripple, Litecoin and DASH are the available cryptocurrencies. The major stock indices such as DOW JONES, NASDAQ, S&P, DAX, CAC, FTSE are available in addition to more than 100 company stocks.

FXVC Final Word

Founded in 2014 and regulated by CySEC, FXVC is a reliable forex broker that could provide traders with favorable trading conditions. There are five different account types that traders can choose from. The broker does not offer the industry standard trading platform MetaTrader. Though, their own web based trading platform is convenient and features the essentials that a forex trader would ever need. FXVC offers trading on more than 250 financial instruments including forex pairs, commodities, cryptocurrencies, indices and company stocks with a tad higher spreads compared to the similar forex brokers.

FXVC Review

FXVC Review
  • 9/10
    Reliability - 9/10
  • 8.5/10
    Deposit & Withdrawal - 8.5/10
  • 5/10
    Bonus - 5/10
  • 9/10
    Customer Support - 9/10
  • 7/10
    Overall Trading Conditions - 7/10
7.7/10

Summary

Founded in 2014 and regulated by CySEC, FXVC is a reliable forex broker that could provide traders with favorable trading conditions. There are five different account types that traders can choose from. The broker does not offer the industry standard trading platform MetaTrader. Though, their own web based trading platform is convenient and features the essentials that a forex trader would ever need. FXVC offers trading on more than 250 financial instruments including forex pairs, commodities, cryptocurrencies, indices and company stocks with a tad higher spreads compared to the similar forex brokers.