FXVC Review – What to expect from the broker

FXVC is a CFD broker that is licensed in Europe by the CySEC and is in the register of several European financial institutions. FXVC features CFD trading on Forex, indices, stocks, cryptocurrencies, commodities. The minimum spread is for EUR/USD 2.9 pips*, the minimum deposit is set at $500.

What do we cover in our FXVC Review?


General Risk Warning: 74–89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Basic information about the broker

  • Website address: www.FXVC.com
  • Leverage: up to 1:30
  • Instruments: CFDs – Forex, indices, stocks, cryptocurrencies, commodities (305 Tradable Assets)
  • Minimum deposit: $500
  • Demo account: No
  • Methods of deposit and withdrawal: Wire Transfer, Skrill, Neteller, Trustly Credit and debit cards (Visa/MasterCard)

FXVC Trading Platform

FXVC has its own in-house built trading platform. The FXVC trading platform looks very simple and easy to use. Furthermore, it also offers a live stream of market events and news. Traders can also set up price alerts that will notify them whenever an asset reaches a predetermined price level.

FXVC Spreads

As any other CFD broker, FXVC charges a spread fee. For the most current spread charges, please visit the FXVC.com website. Here is a spread comparison table that contrasts FXVC spreads with popular industry competitors.


Asset EUR/USD USD/JPY GBP/USD AUD/USD
FXVC* 2.9 2.9 3.9 3.9
Plus500** 0.6 0.7 1.1 0.6
IQOption** 1.2 0.9 1.5 1.6

*Spreads recorded on 07.06.2019 at 20:10 GMT from the trading platform of the broker. **Spreads recorded on 26.09.2019 at 11:26 GMT from the trading platform of the broker.

To sum up the FXVC Review

FXVC is a trading name of Centralspot Trading (Cyprus) Ltd. Authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC) under license No.238/14. The broker offers decent spreads on most assets and features it’s own very easy to use trading platform. The FXVC is not very well known in the FX/CFD industry, but at first glance, they look like a fair and transparent regulated broker.

Your review can make a difference to other traders, please leave a comment if you have any personal experience with FXVC.



Michael

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