⚠️ Regulatory Warning
FCA: WARNING ISSUED
The FCA has stopped FXVC from offering CFDs to UK customers due to misleading promotions and pressure tactics.
View Official WarningDate: 16 April 2021
FXVC Review 2026
Regulation Status
Regulation status not confirmed
8
Cyprus
Market Maker (MM) model with no-dealing-desk claims for certain products
2 types
Overview
FXVC, operated by Finteractive Ltd, was a Cyprus-based forex and CFD broker that ceased offering investment services in February 2022. Previously regulated by the Cyprus Securities and Exchange Commission (CySEC) under license No. 238/14, FXVC voluntarily renounced its CIF license on January 20, 2022, and stopped providing investment services as of February 28, 2022. The broker operated a proprietary web-based trading platform and offered a Market Maker (MM) execution model with no-dealing-desk claims for certain products.
The minimum deposit requirement for the Bronze account tier was €2,500, and the spread on major currency pairs was 3 pips. Specific leverage options were not detailed in the available sources. As of July 2022, FXVC is no longer regulated by CySEC and is not operational.
Best For
FXVC is best suited for beginner to intermediate traders seeking a user-friendly trading environment. Its intuitive platform, combined with educational resources, makes it particularly appealing for those new to trading or those looking to enhance their skills. The broker supports various trading styles, including day trading and swing trading, with a focus on Forex and CFDs.
For active traders, the platform offers features like advanced charting tools and analysis, making it easier to execute strategies effectively. Regarding account size, FXVC accommodates traders with varying capital levels. This flexibility is beneficial for those starting with smaller account sizes, as it allows them to engage in the markets without significant financial commitments.
In terms of regulations, FXVC operates under regulations that provide a level of security and compliance, which is a vital consideration for most traders. Additionally, the platform caters to diverse needs with robust trading platforms, including a web-based platform and mobile trading options, ensuring that traders can access their accounts and trade conveniently anytime, anywhere. Overall, FXVC is particularly suitable for those looking for a supportive and adaptable trading experience.
FXVC is a trading platform that offers a range of financial services to its clients. When discussing FXVC regulation, it is important to note that the platform operates under various regulatory authorities, depending on the jurisdiction in which it operates. Major financial regulatory bodies, such as the Cyprus Securities and Exchange Commission (CySEC), often oversee FXVC, ensuring that the broker adheres to strict compliance standards.
Trader protection is a critical aspect of FXVC’s regulatory framework. The company implements measures such as negative balance protection, which prevents traders from losing more than their account balance. Additionally, FXVC seeks to protect client funds by keeping them in segregated accounts, separate from the company’s operational funds.
This structure ensures that your money remains secure and accessible, even in challenging financial conditions. When evaluating whether "is FXVC safe," potential traders should consider the broker's commitment to transparency and compliance. FXVC provides detailed information about its regulatory status, and clients can verify this by visiting the official websites of the regulatory bodies that oversee them.
This allows traders to confirm FXVC's legitimacy and observe any relevant licenses. To further enhance fund safety, FXVC employs advanced security measures, including encryption protocols, to protect client data and transactions. By prioritizing regulatory compliance, trader protection, and fund safety, FXVC aims to provide a secure trading environment for its clients.
Ultimately, verifying the broker's regulatory status is key to ensuring a safe trading experience.
How They Compare
Regulators
Min Deposit
Spreads From
Platforms
Frequently Asked Questions
Visit their website and click the "Open Account" button. You'll need to provide personal information, proof of identity, and proof of address. The process typically takes 5-15 minutes, with verification within 24 hours.
The minimum deposit for this broker is $2500 USD.
This broker offers Proprietary web-based platform. Each platform has different features suited for different trading styles.
The regulation status for this broker has not been confirmed. We recommend verifying regulatory information directly with the broker.
Country restrictions are not specified. Please check their website to confirm availability in your location.
Support is available via email, live chat, phone. They also support English, French.
Key Facts
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