It looks like CFD trading is becoming more popular day by day. It shouldn’t even surprise you, since these trading assets have a very big potential. The only problem is, how can you know where to trade them? Well, you have to find a trustworthy broker that offers good trading conditions, has a platform that suits your taste and follows innovations in the Forex market world. Not an easy task, right?
Although this seems difficult, it doesn’t have to be. You just need to know where to find all the information. To save you the trouble, we prepared an in-depth FXVC broker review. Together, we will see if this Forex broker is a perfect fit for you or not.
What can you trade with FXVC?
The broker has a wide range of tradable assets to offer to its clients. To be precise, the selection counts more than 200 assets. If you want to check them all before opening an account, you can go to the Trading platform. Everything is divided into categories and you can choose between CFDs on Forex, Commodities, Stocks, Indices or Cryptocurrencies.
The thing we like the most is the fact you can choose any asset, no matter the account type. So, even if you are the proud owner of the Bronze account, you will have the possibility to trade more than 200 assets.
Is the FXVC trading platform secure?
When we took a first glance at the website, we realised this broker is not an ordinary one. So many things are unique here and the platform is one of them. It’s completely different than the usual ones. You won’t get a famous MetaTrader and let us tell you something, it’s quite a refreshment.
Although we are talking about different platforms, there is not a single person who will have a problem with navigation. We don’t know the details, but we assume it’s done by professionals since everything is neatly organised and developed. It’s divided into three parts, which makes it more convenient for the clients.
The first part contains all important things about the account. This is the place where you can manage everything, make deposits, request a withdrawal, ask for support, etc. This means that clients can save a lot of time since you won’t have to look for information all over the website.
The second part has all trading assets. There are five categories (Forex, Commodities, Crypto, Stocks and Indices) and the best thing of all, you can organise them as you wish — an alphabetical list, daily change, etc. We have to say that FXVC keeps to amaze us because everything is subordinated to clients.
Lastly, there is a part with details about specific assets. Simply choose the one from the group, and on the left side of the screen, you will see information like trading hours, leverage, maintenance margin, initial margin, etc.
The simplicity of this web-platform blew us away. It has every feature a trader needs and the best thing of all, you can use it on every device. We have tried it on the computer, mobile phone and tablet, and it works perfectly everywhere. Apparently, the platform is more than secure and we are sure almost everyone will like it.
FXVC accounts offered
Sometimes, the hardest choice is to choose the type of account you want. We need to have an option, but also a clear difference between accounts, that would make our decision easier. At FXVC, there is an account page where you can see every little detail and compare the whole offer. There are five different accounts and the main difference is the minimum deposit requirement.
So, depending on your trading experience you can choose between Bronze (minimum requirement is €250), Silver (€10,000), Gold (€25,000), Platinum (€100,000) and VIP (€250,000). Of course, the minimum deposit is not the only thing that makes them different. Educational material is significantly bigger with the VIP account, leverage is better, withdrawal fees as well, etc. The differences are clearly marked on the website and you can compare everything on the Account Types page. Transparency is a big part of this broker and we support that.
FXVC withdrawal and funding methods
FXVC is that kind of a broker who likes to give different options to clients. That’s an excellent thing because not everyone is ready to implement 14 different deposit methods on the website. Yes, you read it correctly. That’s the number of payment methods you can use when you want to add money on your trading account. With a selection like this, you will most certainly find a method you prefer.
As a deposit method, you can use PayPal, Skrill, Paysafecard, Ideal, Sofort, Wire Transfer, Trustly, Neteller, EuTeller, EPS, Giropay and of course, Credit Cards (Visa, MasterCard and Maestro). The best thing of all, all deposits are instant (except Wire Transfer where you have to wait from two to five business days) and there are no deposit fees, no matter the account.
The selection is not that big when it comes to withdrawals, but still, there are ten different methods (CreditCards, Wire Transfer, PayPal, Skrill, Paysafecard, Ideal, Trustly and Neteller). The processing time is completely satisfying and it’s up to 24 hours (depending on an account). Overall, we cannot find a single negative thing about funding methods. There are enough options, everything is fast and you won’t have to pay high commissions. So, it’s a plus from us!
Education resources at FXVC
If you are into good education and skill improvement, you will love FXVC. As a registered user, you gain access to many eBooks, video lessons, web TV, etc. This broker made sure to cover every topic, from basic strategies to cryptocurrency trading.
Although most of the learning material is reserved for clients, as a visitor you can enjoy some basic eBooks without even opening an account, which is great. This is a great way to see if these lessons are suitable for you or not, but trust us, once you start reading everything, it will be hard to stop.
As an addition, this broker offers the Blog section where you can read all important news in the Forex market to stay updated with everything that’s going on. The whole education part really surprised us and we are glad to see that FXVC takes good care of its clients.
Customer Support at FXVC
Customer support is certainly one of the most important parts of every business, especially when you are an experienced Forex broker with a lot of clients. Every potential problem has to be solved fast because people need someone they can trust. From everything we have seen about FXVC, we don’t have the slightest doubt they managed to create a team who will be responsive and polite, but of course, we will check that.
The first thing you should know is that the customer support works from Monday to Friday 06:00 – 20:00 GMT. You can use one of the four methods and if you send a message within the working hours, someone will reply instantly.
The first method is a phone call. There are three different numbers, depending on the country — for the United Kingdom, Sweden and Cyprus. So, if you are a person who likes to solve things over the phone, just call them.
The second option is to send a message. You can do that via email or you can fill in an online form on the website. Our personal favourite is the online form because there is an option to choose the right department (Customer Support, Trading Platform Assistance, General Feedback and Complaint). To test the responsiveness we used this method and marked our message for the Trading Platform Assistance department. Although the platform is easy to use, we did have some questions and all of them came as a reply to our email. The answer was there within ten minutes, which is excellent.
The last option you can use is Live Chat. This is the fastest way to receive an answer and the only thing you have to do is leave your name and email. If you have multiple questions, but you don’t want to call them, we suggest you use the Live Chat. This way, you can ask them multiple questions and get answers instantly.
Is FXVC a good broker?
Whether a broker is good or not is one of the most important questions a trader can ask. You are giving money to someone, so you have to be confident in its trustworthiness. FXVC is a regulated broker that operates under the CySec (Cyprus Securities and Exchange Commission) license. Needless to say, this is one of the most trustworthy regulatory bodies, which gives us a completely new level of security.
Also, if you take a look on the Internet, you will find many positive comments from the clients and all of that combined gives us the answer — Yes, FXVC is a good broker and if you want to open an account and start trading, you can do it without any hesitation.