FXVC Forex Broker Review 2021
FXVC is a Forex broker that belongs to the group of companies who have a lot of things to offer to clients. On the website, you will find numerous promises, and from what we have seen, all those promises are fulfilled. This is a broker that offers a variety of trading assets, excellent customer support and amazing learning opportunities for each client. So, if you are looking for someone who will help you develop new trading skills, this might be the place for you.
All of that is a reason we would like to talk about FXVC today. When someone shows an impeccable service, we like to dedicate some time and inspect every detail about the company. After all, you have to choose a Forex broker wisely, otherwise, the whole trading experience might turn into a disaster.
Tradable assets at FXVC
Believe it or not, this broker offers over 200 tradable assets. Once you open an account and go to the trading platform, you will see there are different options. It’s up to you to decide which one you want to trade. CFDs on Forex, Commodities, Stocks, Indices or Cryptocurrencies. Every asset class is available, no matter the trading account, which means we are starting this FXVC review very positively. Let’s just hope things will remain this good.
FXVC trading platform features
When we first saw FXVC website, we weren’t sure what to expect and what will await us when we visit the platform. Luckily, we ended up satisfied because this is a perfect combination of minimalistic and informative design, that won’t distract you, but provide you with every important information.
The platform is web-based and unique. This broker doesn’t use MetaTrader and we are glad to see someone implement innovation into the business. The first thing we need to say is that you will be able to use it on every device. We checked both the mobile and computer version and it works perfectly fine. So, the first requirement is fulfilled and we can move on to other important things.
Although clients won’t be familiar with the platform when they arrive for the first time, it’s pleasant to the users and it saves a lot of time. It contains a combination of features that are very well arranged. Everything is spread into three parts and the first one on the left has all you need to manage the account. From deposit & withdrawal buttons to customer support. Once you go to the Trading Platform page, you won’t have to leave it if you need assistance, everything is there.
The middle part is reserved for the tradable assets. We already discussed them and now we can tell all of them are organised neatly. Since this broker provides so many options, we weren’t sure how they keep everything under control. Apparently, a team of professionals worked on the design and they combined everything so well. There are five tabs and you can switch them all the time depending on an asset you want to trade (Forex, Commodities, Crypto, Stocks and Indices). Also, there is an option to list them by daily change or popularity. Whatever you prefer.
The third part of the screen contains a fully customisable chart. There is literally not a single thing you cannot change. From chart interval to chart type. The whole platform is created to meet the unique preferences of each trader.
Our overall experience with the platform was excellent. In fact, it was better than we expected. Yes, we were expecting to see a unique solution, but we got a fully customisable platform and that’s not something you see every day. So, to conclude the part about trading platforms we can say there are numerous necessary features and it’s a whole new experience to change every single one of them according to your taste.
Account types offered at FXVC
So far, we are used to having different options with this broker and things aren’t any different with accounts. There are five of them and the main difference is the minimum deposit requirement. With a Bronze account, you can deposit €250, with Silver that amount needs to be €10,000. If you go with the Gold one, the minimum deposit requirement is €25,000, with the Platinum it is €100,000 and with VIP it’s €250,000.
Each of these accounts brings something different, for example with Gold, Platinum and VIP you will have free withdrawal fees, cryptocurrency eBooks and real-time trading opportunities priority. We are absolutely satisfied with the selection of accounts and the trading conditions.
Withdrawal and deposit methods at FXVC
This is a part that surprised us the most, honestly. We expected to see different funding methods, but we couldn’t even imagine that the selection counts 14 methods for deposit and 10 for withdrawals. Without any doubt, each person will find a suitable method for themselves because this is not a selection you see every day.
For deposits, you can choose between Credit Cards (Visa, MasterCard and Maestro), PayPal, Skrill, Paysafecard, Ideal, Sofort, Wire Transfer, Trustly, Neteller, EuTeller, EPS and Gyropay. There are no deposit fees and usually, the money will be on your trading account instantly (Wire Transfer is an exception and it takes from 2 to 5 business days).
When it comes to withdrawals, you have CreditCards, Wire Transfer, PayPal, Skrill, Paysafecard, Ideal, Trustly and Neteller at disposal. This time, there are certain fees but we are satisfied with the amount since they are not high. Also, the processing time is more than excellent and it takes just up to 24 hours.
Does FXVC offer any educational material?
This is a serious broker who understands the importance of constant education. That said, if you visit the Education Center you will be amazed at a selection of informative articles. The first thing you need to know is that the majority of educational material is reserved for registered clients, which is expected. But, aside from that, there are articles available for every visitor. The economic calendar is one of those things and if you want to see it, you don’t have to open an account. Also, some eBooks are completely free and anyone can enjoy reading. They are especially helpful if you are just starting the Forex journey.
Aside from eBooks, Web TV, Market Buzz and Education on Demand, there is a separate part on the website named the Blog section. We suggest you visit it regularly since you will find the latest news inside and information like these can be very helpful when making a decision.
Is the FXVC support team helpful?
To us, customer support is an extremely important part. Each broker needs to be able to provide polite customer representatives, who will help you if you run into any problem. It doesn’t matter if it’s just a simple question about accounts in general, or you have issues with withdrawals. As a client, you deserve to have someone who will be there when you need them.
At FXVC the whole system works excellent. Customer representatives are very informative and supportive and you can always count on help within the working hours (Monday to Friday 06:00 – 20:00 GMT). There are several methods and it’s up to you to choose how you want to contact them.
A first option is an online form and the best thing about it is that you can choose the department and send a message directly to them. This way, the answer will be in your email inbox sooner. Another option, that is very similar to the online form, is to send an email. Of course, this broker didn’t forget a phone line either, so you can call one of the three numbers (for the United Kingdom, Sweden and Cyprus).
Lastly, there is an online chat option and we used it to see if they will be helpful at all. You have to add the name and email and you can start chatting. We had a concern about accounts, so we tried to get an answer. The person we talked to was more than helpful, we received a full explanation and they even asked if we had any other questions, while we were there. Apparently, they want to help as much as they can which gives us complete security. This way, if anything happens we are certain someone will be there to guide us through a solution.
Shall I trade with FXVC?
FXVC is a broker with years of experience in the business. It has a large customer base and apparently, the customer support that is always there to solve any issue that might occur. The platform can meet the needs of any kind of trader, even the pickiest one so if you are looking for a unique broker that has one of the most trustworthy licenses (CySec — Cyprus Securities and Exchange Commission), you should open an account, make the first deposit and start trading.