FXVC Review Is FXVC.com.au A Legit Forex Broker

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FXVC Review 2020

FXVC is a regulated brokerage firm that offers traders a limited choice of assets to trade online via the brokers proprietary web trading platform. They do offer some market analysis and useful educational resources to assist traders but they do not provide the popular MetaTrader platforms whilst they also have a high minimum deposit requirement.

FXVC Review 2020, Pros & Cons
  • Regulated trading broker
  • Simple WebTrader platform
  • Educational resources
  • Trading Central daily newsletter
  • Daily/weekly market review
  • One on one academy
  • Trading Central signals
  • Limited assets compared to other brokers
  • Limited trading tools
  • No MetaTrader platforms
  • Minimum $2,500 deposit
  • Best trading conditions & features require larger account size
  • Account inactivity fee

In this detailed FXVC review, our online broker research team have covered some of the most important aspects for you to consider when choosing the best broker for your online trading needs.

FXVC is not ranked in our best forex brokers, best stock brokers, best cfd brokers, best crypto brokers or best online brokers categories. You can use our free broker comparison tool to compare online brokers including FXVC.

FXVC Review: Summary

FXVC provides online trading and investing services to clients all over Europe and South Africa. They offer over 300 trading assets via user-friendly trading platforms. This includes popular stocks, forex currency pairs, indices and commodities. The broker provides clients with dedicated support, without the high costs that can be associated with boutique brokerages.

FXVC was founded and launched in 2020 by professionals from the financial services industry. They provide a low-latency environment backed by extensive price feeds, so you can execute your trading plans with the upmost precision. Some of the key features of the FXVC broker include:

  • Multiple platforms for convenient & efficient trading
  • Educational resource library
  • Around 300 popular trading assets
  • Strong account security procedures implemented
  • Simple deposit process & 24h withdrawals
  • Transparent pricing via live feeds

FXVC Review: Regulation

FXVC is a trading name of Centralspot Trading Ltd. FXVC is authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC). CySEC are one of the more respected regulators when it comes to online brokers.

Amongst the roles of CySEC is to supervise and control licensed companies offering investment services, mutual funds, investment advisors and mutual funds management companies. As an EU member state, CySEC’s financial regulations and operations comply with the European MiFID financial harmonization law.

FXVC also states that they have incorporated advanced security to help keep your personal and financial information secure. They implement the same level of security as the banking industry for deposits and withdrawals. The broker takes responsibility to protect your information and funds very seriously.

As part of their efforts to help fight against identity fraud and money-laundering, they must fully cooperate with the Know Your Customer (KYC) guidelines established by regulatory authorities. In addition to this, they work with respected Financial Services Institutions to help keep account funds safe.

FXVC Review: Countries

FXVC serves traders in Europe and South Africa. They cannot accept clients form countries such as the United States of America. Some FXVC broker features and products mentioned within this FXVC review may not be available to traders from specific countries due to legal restrictions.

FXVC Review: Trading Platforms

FXVC Review: Trading Platform

The FXVC trading platform offers a seamless trading experience for trading forex and CFDs online. You can launch the FXVC WebTrader platform directly from the brokers website. FXVC is a web-based trading platform, meaning you can log in to your account and trade on any device that has an internet connection. It does not require any software to be downloaded or installed.

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You can choose between the different instruments the broker offers, change the chart timeframe and style, add indictors and objects, place trades and manage positions. The platform is very simple to use although it may have limited functionality for some traders whose strategies have more complex requirements.

FXVC Review: Trading Tools

Economic Calendar

FXVC Review: Economic Calendar

On the FXVC website there is an economic calendar that is powered by Trading Central. This shows the latest news releases along with the impact they are expected to have on different global markets. You can see the time and date of each release along with the previous, forecasted and actual impact it has. This is a useful tool as part of conducting fundamental analysis and is often used by traders to either stay out of volatile market conditions or for those who trade the news. The calendar has filters to only display the news that is relevant to you.

FXVC Review: Education

FXVC do supply clients with some useful educational resources which can be used to help improve their trading skills and knowledge. There is an education on demand section, videos and market analysis.

Market Analysis

FXVC offers some analysis of different assets which can be used to help inspire potential trade ideas and to keep you in the loop with some of the latest market news.


FXVC Review: WebTV

The WebTV section on the brokers website is also powered by Trading Central and includes videos that focus on and analyse various markets around the globe.

Trading Glossary

There is a trading glossary that displays an A-Z for some of the most commonly used trading terminologies along with an explanation on what each of them mean.

FXVC Review: Trading Instruments

FXVC offer over 300 instruments for trading online from the following asset classes:

FXVC Review: Trading Accounts & Fees

FXVC have a selection of trading accounts with different features to suit the different needs of investors. The minimum account deposit starts from $2,500 on the bronze account which is much larger than most other online brokerages, some who allow you to open a real trading account with just $1. The larger the account size, the lower the commission bracket is whereas each account comes with a varying level of benefits. The trading brokers review team prefer it when a broker offers the same conditions to all clients regardless of their investment size. The maximum leverage is 1:30 for non-professional clients. There is an inactivity fee if your account is inactive for over three months.

FXVC Review: Account Types

Demo accounts are freely available and allow you to trade with virtual funds risk free. This can be a good way to practice using the trading platform and test your trading skills before going live. Islamic accounts that comply with Sharia law are also available upon request.

Those who qualify as professional clients can apply for the professional account which gives increased leverage for certain instruments and a reduction on current margin rates, allowing you to trade with more leverage, as opposed to the limitations imposed by ESMA on retail clients.

To qualify as a professional client requires meeting 2 out of the 3 following guidelines, 1) Have a portfolio of greater than $500k (not including property or cash) 2) Have a verified history of placing significant sized positions (down to broker discretion) 3) Have worked in the capacity of a professional position related to derivatives / speculation / trading. Match any two of these requirements to qualify as a professional client.

It is important to note that negative balance protection, Investor Compensation Fund and recourse to the Financial Ombudsman Service can be limited should you qualify for a professional account as you are then classified as professional trader under ESMA regulation.

As broker fees can vary and change, there may be additional fees that are not listed in this FXVC review. It is imperative to ensure that you check and understand all of the latest information before you open an FXVC broker account for online trading.

FXVC Review: Customer Service

FXVC clients are serviced by a dedicated team of client relationship agents and customer support that aim to promote a positive trading relationship between broker and trader. The broker states that the support team is highly qualified and accessible for trader’s whatever assistance they may need. You can reach them by submitting any questions, comments or concerns you might have through the online form on the brokers website. In addition to this, you may also reach them via email, live chat or phone.

FXVC Review: Deposit & Withdrawal

FXVC accept Bank Wire transfers, Credit/Debit cards, Neteller, Skrill and some other methods depending on your country of residence. Not all methods are available for both deposit and withdrawal. It is worth noting that you must withdraw via the same method used to fund your account. Withdrawal requests are processed by the processing department within 1 working day. However, the time needed for the funds to be transferred will vary, depending on your payment method. Bank transfers may take a few business days to clear whilst some methods can be instant.

FXVC Review: Account Funding Options

Some fees may be charged when using certain payment methods. Some payment systems may have transaction limits, restrictions, and requirements which are indicated on their respective websites. You may need to verify your account to remove limits on particular methods in some countries. FXVC strictly does not accept third-party payments. All funds deposited into your trading account must be under the same name as your FXVC trading account.

FXVC uses all possible measures to ensure your security. They implement the internationally accepted security system SSL (Secure Sockets Layer) that encrypts all credit card payments over the web. This system is automatic, and you will receive instant notification if your browser does not support it.

Accounts can be opened USD, EUR and GBP. If you transfer funds in a different currency from your FXVC account, the funds will be converted into your account currency using the exchange rate at the time of the transaction. The different currency options are beneficial as currency conversion fees do not apply when using an account in your own currency. You cannot change your currency once you have registered.

FXVC Review: Account Opening

To open an account with FXVC you will need to follow a few simple steps. You need to enter your information into the short online form and make sure that you read all of the brokers terms and conditions before you proceed. Once you have submitted the form you can verify your account using a government issued identification, proof of address and credit card. You will receive a welcome e-mail and you can now deposit and start trading. A deposit is not required in order to register and open an account although you will need to deposit money to start trading on a live account, unless you plan to start with a demo account first. If you have any problem during registration then you can contact the FXVC support team who are on hand and more than happy to help.

FXVC Review: Account Opening Form

FXVC Review: Conclusion

Overall, FXVC has a basic offering for online trading with a simple platform and limited range of trading instruments. They do have educational materials and market analysis but no social trading platform integration. The minimum deposit is very high when compared to other brokers whilst the account with the best trading conditions requires a significant deposit. Whilst they are regulated, we believe that they could improve their overall offering by including the MetaTrader platforms, increasing their product range and offering an account with a lower entry level.

CFDs are complex products and have a high risk of rapid loss of money because of the use of leverage. 67.22% of retail investor accounts suffer capital losses when trading in CFDs with this provider. You need to evaluate if you understand how CFDs work and if you can cope financially with the high risk of losing your funds.

Min $2,500 Deposit

FXVC is a regulated brokerage firm with a limited range of assets accessible via their own proprietary web trading platform. They do offer market analysis & educational resources but no MetaTrader platform whilst they have a high deposit requirement.

A detailed FXVC review for those interested in trading CFDs

Minimum deposit


Maximum leverage

Year founded


Trading platform

Out of the many new Crypto CFD trading brokerages, FXVC Forex Broker might sometimes feel like the one that can be respected or everything they are. This broker is reliable, has a history of working with financial assets (now including crypto CFDs) and has been licensed by a number of the most trustworthy regulatory bodies across the world. The reputation they have garnered, the offers they provide to their clients and the care they take in securing the information of their clients is incredible. The high quality of the web platform, as well as the level of integration with mobile devices, all let us believe that FXVC is one of the best brokers out there. But don’t just trust us. Let us take a closer look and see how and why this might be true.

FXVC.eu review

It seems that whoever decided to create the website for FXVC took great care in building a working, appealing and actually useful website. As a result, the website does not overload the visitor with information. Instead, it allows them to learn the details about the functionality of the FXVC FX brokerage at their own pace, while also providing them with quick navigation tools and a pleasant design.

The website takes some of the design ideas it has from the traditional forex brokerage design. It works with a basic scroll website. The imagery that is presented to the viewer is not unrelated though. The website favors, instead of overly complicated pictures, a simplistic design based on geometric design, color and the occasional picture depicting one of their traders. The rest is dedicated to easily and simply conveyed information. Which is what helps increase the FXVC rating for us.

The homepage of the website provides easy to find navigation options to go to parts of the website that contains relevant information. The navigation toolbar at the top leads to the trading platform page, to information about trading, the broker and account types, to the educational part of the website and to the listing of analytical tools, how to use them and the pages where you can actually start using them. There are also easy ways to navigate to pages that have Key Information Documents, KIDs, which provide important information on the subject of trading CFDs within certain contexts and with certain techniques. There are also news and economic calendar pages, as well as other easy places to navigate to.

Offers and Platform

The broker seems to have a large range of services that it can offer to its users. First of all, the types of trading that can be done with the platform is pretty impressive. The broker allows its traders to work with CFDs, crypto CFDs, Forex and some commodities. This gives a very positive spin to the FXVC review, as we believe that such a range of products allows for diversification of assets and hedging against risks that come with trading. The type of hedging that might even save people from losing extreme amounts of money. A very positive aspect that more brokers should seek to have on their platforms.

Is FXVC legit in its offers? We believe so. One of the reasons is the tiered account level system that they provide for the benefit of their users. The range of the accounts starts and basic and goes on to silver, gold, platinum, and VIP. The different types of accounts offer increasingly beneficial features to the users who end up using them. The basic account is the simplest one, requiring a five hundred Euro deposit and offers the most basic features, such as the full range of the tradeable assets and trading alerts. The additional features increase in value with higher deposits. The maximum deposit that lands you at the highest account type is one hundred thousand Euros. The large jumps in deposit requirements are there to protect traders from themselves. This way, the traders do not end up depositing capital that they are unable or unwilling to risk. Though the range of features that the traders receive at higher deposit levels provide them with a level of security. A personal manager is there to prevent you from trading anything you don’t want to trade and the additional education and analytical tools will help you achieve better results in your trading over time.

Speaking of education, the broker offers an “academy” to their clients. The very basics of the academy are available to all users for free and are rather useful to beginner traders. Though, if the client decides to advance in terms of their account type, they will have to enjoy the academy’s full resources. These include in-depth guides, books, and seminars that will assist them in learning about trading and how it should be done correctly.

Unfortunately, there is no FXVC MT4 platform available, but the broker does offer their browser-based platform for trade. It is very easy to use, offering the clients a very intuitive design that is combined with easy indexing and quick signals. The platform has several tabs for each kind of asset trading and is very quick in the execution of the trades. It is quite an impressive achievement by FXVC that they should definitely be proud of.

Our FXVC opinions on license and reputation

The broker is licensed by CySec, which is Cyprus Securities and Exchange Commission. This regulatory body is one of the most reliable around the world, which grants the broker the reputation of one of the most reliable ones around. The fact that the licensing exists should be evidence that there is no way for FXVC fraud to be a thing. We are always glad to see CySec regulation and would encourage any trader looking to start trading with Crypto CFDs to try and register with the company and trade with them.

If the question “Can FXVC be trusted” is still bothering you, then let us tell you about their reputation among the users. The online FXVC reviews you see, posted by users, are mostly positive. Most of them talk about the reliability and the ease of working with the broke. Often they go into detail to talk about how hedging against risk by investing in different asset types has saved them many a time from losing all of their investment capital in one go. Though there are, as always, those who have lost money and as a result ended up leaving a bad review, blaming the broker for their less than optimal trades. There are also legitimately concerning reports, though it seems the broker responded to them and solved the issues in a timely manner. Such response time is another positive aspect of the broker, as it seems they spend a lot of their energy on leaving their clients and customers satisfied. This level of dedication is important and respectable in the world of brokerage.

Final Verdict

Overall, we have come to the conclusion that FXVC scam is impossible, and moreover, it might be one of the best brokers to trade Crypto CFDs with. While there might be other companies that specialize in this asset and provide a wide range of services and opportunities to the traders, it is our FXVC opinion that they offer a superior service. The diverse range of assets and products, their educational platform, as well as their support team all, offer something that many other brokers are unable to provide to their clients. This broker comes highly recommended from us, so definitely consider working with them in the future.

Is FXVC trustworthy and should you consider trading with them?

It seems like crypto CFD trading platforms are popping up left and right. And why would you be even surprised? These new financial assets are incredibly exciting and have the potential for intense amounts of income for crypto enthusiasts. The only problem is, how do you know which is a scam and which is true? Well, let us assure you, FXVC scam suspicions are all pretty unnecessary. We have done a deep dive into investigating their offers, their activities, their licensing and reputation and have come to the conclusion that the broker is highly reliable. Furthermore, the services they provide, the educational platform they have built and the level of attention they have paid to design their platforms prove that they are worth the time and attention of any and all traders looking into crypto CFD trading.

Leverage: N/A Licences: CySEC

Min. Deposit: 500 EUR Bonus: N/A

Spreads: from 0 pips US Clients: No

Looking to trade CFDs? Try FXVC!

The fxvc.eu review is pretty simple to do. After all, the page is well enough designed to warrant being impressed by it. The page provides users with a good platform to learn about the broker and the trading. The design is simple and pleasant – it allows traders to easily gather information on the platform, without being overwhelmed by useless imagery. The navigation through the website is made as simple as possible, with the tab in the upper right corner giving access to the most important resources on the website. The trading platform, the educational center, the information center and the center of the analytical tool are all instantly accessed through the navigation bar. All of these pages are simple in design as well and prioritize the delivery of information over the display of beautiful imagery. This is a positive thing that not many people are able to appreciate, simply because they forget how important the information about a company really is, which is why we are being positive about their website in this FXVC review.

The bottom of the page also provides detailed information about the different aspects of trading with CFDs, as well as how to trade from different regions of the world, the restrictions applied to them, the different associated fees and so on. The license number for the broker can also be found at the bottom of the page, as well as navigational links to other important information about the page and the broker themselves.

The terms and services are detailed and easily accessible on one of the information pages provided by the broker. Overall, the design of the page results in a very positive FXVC opinion from our team. Only if more brokers would design their pages so well and make them so accessible, we would be way happier.

User FXVC reviews and licensing

Something that is significant in the evaluation of any broker is whether or not they have the license to operate as they do. Especially since the broker, we are currently discussing operates several financial asset types which are heavily regulated in most of the world. The FXVC rating boosting answer to this question is yes, they do have a license. And the license comes from one of the most regulatory bodies in the world, CySec (also known as Cyprus Securities and Exchange Commission). Therese guys are known for their effective and strict enforcement of rules and laws related to the industry. This means that the broker doesn’t really have a choice in being reliable. If it is not, it will get slapped with a hefty fine and might even get its operational license revoked.

Though, some of you may still find yourself asking the question “is FXVC legit” and we are happy you are still asking it. It is important to keep asking questions, in order to protect yourself from the dangers of trading with dangerous entities. Thankfully, beyond the simple licensing, the company also offers us an impeccable reputation online. To be more specific, we are talking about how user-provided reviews, which are mostly positive. Every review has their own reason about why they are being so happy with the company, but most of them tend to mention the ease of the platform use and how fast the withdrawals and deposits are. Which is definitely a good thing to have with a broker that operates large amounts of money for you. The combination of CysSec approval and such an overwhelmingly positive reaction by the general user population leads us to believe that FXVC is one of the most reliable brokers out there.

The platform and offers

There is no FXVC Mt4 platform, which might seem like a shame to a large number of traders, but they will be easily convinced otherwise the moment they get to try the web browser based trading platform that the broker offers to its user base. The browser platform has a number of things that make it one of the better platforms out there – it is simple to use, the design is beginner friendly and it offers simultaneous trading on four different asset type tabs. The four tabs are separated because of the different assets the broker offers – CFDs, Forex, Crypto CFDs and stocks. It is a convenient way to trade and hedge your investments against the coming risks.

The platform is also well integrated with mobile devices so that traders will be able to take their trading anywhere they go, as long as the markets are open. The trading platform works well with Android and iOS so that there should be no issues in the operation and functionality.

The broker also offers a tiered account system. They offer basic, silver, gold, platinum and VIP service, depending on the size of the deposit that a user makes. It is pretty easy to upgrade your account type, simply by using the funds that you end up making on the trading platform. The deposit size defines your account level, with the minimum deposit size being 250 Euro, which lands you a basic account, and the highest account type deposit being one hundred thousand euros. Can FXVC be trusted with these funds? Yes they can, they have a high-level encryption and security system to protect the funds and the user’s personal information. So there is no danger of losing this stuff.

The educational platform created by the broker is rather simple. It offers free guides and articles, as well as ebooks and training once you have advanced your account type to higher. Though don’t expect to learn all of the intricacies of trading CFDs or Forex from here.

The final FXVC opinions

The crypto CFD trading brokerage is a relatively new idea in the retail financial markets. Still, it is one of the most exciting opportunities for increasing your income. Which is why it is important to know and make sure that the broker you will be working with is worth the time and energy you are going to have to invest in the broker. It is the conclusion of this FXVC forex broker review that it is one of the best to start trading with.

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