Fxview, my thoughts on the rise of a new european forex broker.

Let’s face it, the word “broker” has such a negative connotation to many people who are not aware of them. Most of the time, people tend to think of it as “gambling” or “wasting money”.

Forex trading has always been one of the most popular ways to earn profits but it is also extremely risky thanks to the various factors influencing that. One should know and understand that there is no guarantee of earning tenfold of profits over a fortnight magically. You will need as much as learning and knowledge when it comes to forex and put your time and soul into that, in order to make a consistent profit.

Now, as you know that there are so many brokers out there in the whole world outside, offering an amazing deal and good trading conditions for their clients. The question is where and how to choose one. My answer will be a bit bias as I am currently using the broker, which is Fxview, a relatively new but promising regulated broker, whom I have been trading for sometimes and it has been such a pleasant journey trading with them. They are acquired by Charlgate Ltd which is a company authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC).

One thing to notice about them is that they are a member of ICF which is one of the very good indicators that this broker can last long. To give a small understanding of that, ICF is a very strict and strong institution where they will insure their clients’ funds, in case the broker goes south. Fxview, being a new broker, having a strong backing institution can be a very good indication of how serious they are with the business.

Now on to their trading conditions which I think is superb if you are either looking to scalp or quick profit. The spread is insanely tight starting from 0.0 pips in all pairs, including major and minor. At the moment, I am looking at EURUSD in their platform and the spread is 0.00002. Their commission is one of the lowest with their competitors, offering $1 per lot (100,000 units) per side, very cheap and good for professional traders who want to pay less. The leverage is up to 30x for retail clients and can go up to 300x/500x if you are a seasoned trader making good profits.

Apart from that, they have multiple trading platforms which are MT4, MT5, and ActTrader which are robust and easy to use. I had a pleasant time trading in these platforms, specifically MT4 and I can confidently tell you that the trading conditions have been quite good with no delay or any latency. Meanwhile, they offer various trading tools including AutoChartist, API Trading, EAs, and multiple indicator packages for retail clients, allowing them to make informed trading decisions.

Coming to the end of this, I have to say that this is one of the great brokers out there, if not the best one that I have seen offering marvelous trading conditions. It is no wonder that Fxview competes with various brokers like Fxpro, Tickmill, IC Markets, and many more. While I close this up, I do hope people had a pleasant time reading this topic. If anyone is interested, they can always open the account with Fxview and try out the demo to see if they are true to my words. Happy trading!