FXView Review
FXView Review is one of the leading CFD and forex providers in Singapore. FXView offers traders a 100% deposit as a reward for loyal customers. FXView has quick and hassle-free deposits and withdrawals across payment methods.
- Louis Schoeman
Updated : May 22, 2024
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Overall Rating
- 4.9/5
Min Deposit
68 SGD ($50)
Regulators
CySEC, FSCA, FSC, SEBI
Trading Desk
ActTrader, MetaTrader 4, MetaTrader 5, ZuluTrade
Crypto
Yes
Total Pairs
70
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Overview
FXView has been in operation since 2009, and our investigation into the broker revealed a narrative of systematic expansion and consistent commitment to traders’ shifting demands.
We’ve seen them gain popularity among global traders, which strongly indicates their intelligence in managing the shifting financial world.
At the onset of our evaluation, we noted that they stood out by promoting fair trading methods and cutting-edge technologies. This unique approach appealed to us since our comprehensive reviews emphasize honesty and creativity.
Through our research, we noticed that they’ve expanded by reaching out to more traders and constantly upgrading their systems to stay up with the newest technology breakthroughs and regulatory constraints that shape the worldwide trading environment.
By providing competing platforms such as MetaTrader 4 and MetaTrader 5, FXView piqued our interest. These platforms, with their user-friendly interfaces and strong analytical capabilities, are ideal for Singapore’s diversified investing community.
Both beginners investigating the markets and experienced traders using complex methods are accommodated. FXView’s insight in integrating these platforms early cemented its standing in our trading community.
Furthermore, we appreciated their commitment to educational offerings, which recognizes the role of knowledgeable traders in fostering a flourishing trading environment.
In addition, Singaporean traders are likely to appreciate FXView’s multilingual assistance, which removes language barriers and makes trading information more accessible and complete.
Their dedication to regulatory compliance across numerous jurisdictions should boost the confidence of Singaporean traders despite the lack of local oversight.
Our initial findings show that their path in Singapore demonstrates a purposeful adaption to the needs of both local and global traders.
Its growing popularity is not a coincidence but rather the product of regular enhancements to its offerings, which have created a climate in which Singaporean traders feel empowered and supported.
This development has significantly influenced our recommendation of FXView as a preferable broker in Singapore’s dynamic trading scene.
Can I use FXView services from Singapore?
Yes, Singaporean traders can easily use FXView services from Singapore, such as account registration, trading platforms, and customer support.
Does FXView provide multi-currency accounts to Singaporean traders?
Yes, FXView provides multi-currency accounts, which benefit traders by lowering currency conversion expenses and giving cost-effective trading choices.
At a Glance
| 🔎 Broker | 🥇 FXTM |
| 📈 Regulation | CySEC, FSCA, FCA, FSC Mauritius |
| 📉 Trading Accounts | Micro Account, Advantage Account, Advantage Plus Account |
| 📊 Trading Platform | MetaTrader 4, MetaTrader 5, FXTM Trader |
| 💴 Minimum Deposit in AED | 18,37 AED or $5 |
| 📌 Trading Assets | Precious Metals, Stock Trading, Stock CFDs, Indices, Forex Indices, Forex Currency Pairs, Commodities, Stock Baskets |
| 🎁 Bonuses for Dubai traders | ✅Yes |
| 📍 Minimum spread | From 0.0 pips |
| 🆓 Demo Account | ✅Yes |
| ☪️ Islamic Account | ✅Yes |
Regulation and Safety of Funds
Regulation in Singapore
FXView is not currently regulated by the Monetary Authority of Singapore (MAS). However, FXView’s global regulations are listed in the table below.
Global Regulations
| 🫴🏻Registered Entity | 🌎Country of Registration | 2️⃣Company Reg. | ⌛Regulatory Entity | 📈Tier | 🔢License Number/Ref |
| 🥇FXView Europe under Charlgate Limited | Cyprus | 372060 | CySEC | 1 | 367/18 |
| 🥈Finvasia Securities Private Limited | India | INZ000176037 | SEBI | 4 | Reg. INZ000176037 |
| 🥉Finvasia Capital Ltd | Mauritius | N/A | FSC | 4 | IK21000018 |
| 🏆Orivest Proprietary Limited | South Africa | 2018/30345/07 | FSCA | 2 | FSP50410 |
Protection of Client Funds
| 🔍Security Measure | ℹ️ Information |
| 🌟Segregated Accounts | ✅ Yes |
| 👤Compensation Fund Member | None |
| 💵Compensation Amount | None |
| 🎓SSL Certificate | ✅ Yes |
| ✴️2FA (Where Applicable) | ✅ Yes |
| ⛔Privacy Policy in Place | ✅ Yes |
| ⚠️Risk Warning Provided | ✅ Yes |
| ❌Negative Balance Protection | ✅ Yes |
| 🛑Guaranteed Stop-Loss Orders | None |
How can FXView provide financial transparency for Singapore traders?
FXView delivers monthly financial reports and is audited to ensure openness and reliability.
What security precautions are in place at FXView for Singaporean traders?
According to our research, FXView uses robust security mechanisms, such as SSL encryption, to secure traders’ data and transactions.
Awards and Recognition
FXView’s achievements are backed by a series of prestigious recognitions, indicating their impressive track record.
✅FXView was honored with the highly esteemed “Best Multi-Asset Broker” award at the FMAS 2023 event.
✅FXView received high praise in 2023 for being named the “Best CFD Broker” at the prestigious Forex Expo in Dubai.
✅FXView received the prestigious “Best Global Broker” title at the 2023 UF Awards Global.
✅FXView was honored with the prestigious “Best ECN/STP Broker” award at the 2024 UF Awards MEA.
✅FXView was awarded the prestigious title of “Most Trusted Broker” during the 2022 Ultimate Fintech Awards.
Account Types
| 🔍Live Account | 💵Minimum Deposit | 🚀Open an Account | 📈Platforms | ⬆️Leverage |
| 🥇Zero Commission | 68 SGD | 👉 Click Here | All | Up to 1:500 |
| 🥈Raw ECN | 68 SGD | 👉 Click Here | All | Up to 1:500 |
| 🥉Premium ECN | 6,800 SGD | 👉 Click Here | All | Up to 1:500 |
Zero Commission Account
After examining their account options, we discovered that the Zero Commission Account is highly attractive to Singapore’s diverse group of traders.
We were impressed by the account type’s accessibility, making it a great choice for casual traders and beginners. With no commission fees and competitive spreads starting from 0.6 pips, it’s an excellent option for many.
We value the opportunity to access different markets, providing flexibility particularly beneficial for individuals new to trading.
With the manageable minimum deposit requirement and access to MetaTrader platforms, FXView ensures that beginners and casual traders are well-prepared to navigate the markets.
Raw ECN Account
The Raw ECN Account offers a unique experience, catering to traders with more experience. We were impressed by the market access depth and pricing transparency offered by this account, which greatly benefited our strategies.
It presents a reasonable and balanced offering with a commission rate of $2 per $100,000 traded per side and competitive raw spreads starting from 0.0 pips.
Scalping and hedging are two of many strategies that can be used with FXView. The narrow spreads and low commissions provide a competitive advantage for those who utilize them.
Overall, the Raw ECN account is ideal for experienced traders who prioritize efficiency. It combines cost-effectiveness with access to various trading platforms, including those specifically designed for ECN trading.
Premium ECN Account
We found that the Premium ECN Account is highly suitable for traders who engage in high-volume trading.
The significantly lower commission cost of just $1 per $100,000 traded was one of the most competitive in the industry.
Professionals who employ intricate trading strategies can benefit greatly from spreads starting from 0.0 pips. With the generous leverage of up to 1:500, Singaporeans can fully explore their strategies’ potential while enjoying the peace of mind provided by negative balance protection.
Islamic Account
The Islamic Account review highlighted a strong dedication to inclusivity. We were impressed by how the broker caters to the ethical considerations of Muslim traders in Singapore.
This account is designed to accommodate individuals who prioritize their religious beliefs. It offers an exemption from overnight swap charges, an important consideration for many.
The smooth transition to an Islamic Account while maintaining access to FXView’s instruments was impressive. This account type demonstrates the broker’s commitment to catering to the diverse cultural landscape of Singaporean traders, ensuring a fair trading environment for everyone.
Demo Account
Finally, our experience with the Demo Account showcased the broker’s commitment to fostering a conducive learning environment. With $100,000 in virtual funds within the demo setup, Singaporeans can easily fine-tune strategies without financial risk.
Furthermore, traders will find the trial period extremely helpful in familiarizing themselves with FXView’s platforms and tools. The 30-day duration allowed for a thorough evaluation of the broker’s offerings.
Overall, this valuable learning opportunity provides a safe environment for new Singaporean traders to test the waters of forex trading.
What is the minimum deposit for Singaporean traders for FXView’s Premium ECN account?
The Premium ECN account requires a minimum deposit of 68 SGD and is designed for Singapore’s high-volume traders with advanced trading demands.
Are there any limits on which trading platforms are accessible for each account type on FXView?
No, all FXView account types have access to the same trading platforms, such as ActTrader, MetaTrader 4, MetaTrader 5, and ZuluTrade, assuring consistent trading experiences for Singaporean customers.
How To Open an Account Step-by-Step
FXView is known for its easy sign-up and quick start to trading various financial markets. Here’s how Singaporeans can get started with this reputable forex and CFD broker:
Step 1: Go to the official website and click on “Register” or “Get Started”
Step 2: Complete the online application form
Provide your full name, email address, and phone number in the required fields on the registration form. These are the essential details FXView needs to set up a new trading account.
Step 3: Wait for verification from FXView
Once your details are captured, you will receive a verification email. Click the link to be redirected to the FXView website, where you can continue with your account setup.
Complete the KYC process, a standard requirement according to all regulated brokers. To verify your identity and address, you must upload a government-issued ID and a recent utility bill or bank statement.
How long does it take to validate an FXView account for Singaporean traders?
The account verification procedure for Singaporean traders usually takes 1-2 business days, although this might vary based on the number of applications and the accuracy of the presented documentation.
Are there any residence limitations when creating an FXView account in Singapore?
No, FXView allows traders from Singapore and other nations to ensure equitable access to financial markets.
FXView vs XM vs Tickmill – Broker Comparison
| 🔍Broker | 🥇FXView | 🥈XM | 🥉Tickmill |
| ⌛Regulation | CySEC, FSCA, FSC, SEBI | FSCA, IFSC, ASIC, CySEC, DFSA, FCA | Seychelles FSA, FCA, CySEC, Labuan FSA, FSCA, DFSA |
| 📊Trading Platform | MetaTrader 4 MetaTrader 5 ActTrader | MetaTrader 4 MetaTrader 5 XM Mobile App | MetaTrader 4 MetaTrader 5 Tickmill App |
| 💷Withdrawal Fee | None | None | None |
| 🗂️Demo Account | ✅ Yes | ✅ Yes | ✅ Yes |
| 💵Min Deposit | 68 SGD ($50) | 7 SGD ($5) | 136 SGD ($100) |
| 📈Leverage | 1:500 | 1:1000 | 1:1000 |
| 📝Spread | From 0.0 pips | From 0.6 pips | Variable, from 0.0 pips |
| 💴Commissions | From $1 per lot | $1 to $9 | $3 per side per side |
| 🛑Margin Call/Stop-Out | 70%/50% | 50%/20%, 100%/50% (EU) | 100%/30% |
| 🧑⚖️Order Execution | ECN | Market, Instant | Market |
| ❌No-Deposit Bonus | None | ✅ Yes | ✅ Yes |
| ✏️Cent Accounts | None | ✅ Yes, Micro | None |
| 🗂️Account Types | Zero Commission RAW ECN Premium ECN | Micro Account Standard Account XM Ultra-Low Account Shares Account | Classic Account Raw Account |
| 🌟MAS Regulation | None | None | None |
| 💶SGD Deposits | ✅ Yes | ✅ Yes | None |
| 📉SGD Account | None | ✅ Yes | None |
| ☎️Customer Service Hours | 24/5 | 24/7 | 24/5 |
| 🖋️Retail Investor Accounts | 3 | 4 | 3 |
| ☪️Islamic Account | ✅ Yes | ✅ Yes | ✅ Yes |
| ⬇️Minimum Trade Size | 0.01 lots | 0.01 lots | 0.01 lots |
| ⬆️Maximum Trade Size | 100 lots | 100 lots | 100 lots |
| ⏰Minimum Withdrawal Time | 1 day | 1 working day | 1 Business Day |
| ⏲️Maximum Estimated Withdrawal Time | 1 day | 5 working days | 2 to 7 Business Days |
| ✔️Instant Deposits and Instant Withdrawals? | ✅ Yes, deposits | ✅ Yes, deposits | Instant Deposits |
| 🚀Open an Account | 👉 Click Here | 👉 Click Here | 👉 Click Here |
Trading Platforms and Software
This broker offers Singaporean traders the following Trading Platforms:
➡️MetaTrader 4
➡️ZuluTrade
➡️MetaTrader 5
➡️ActTrader
MetaTrader 4
When we initially explored the broker’s trading environment, MetaTrader 4 (MT4) was our primary interface. As we delved into its features, we swiftly observed how seamlessly it integrated with FXView’s offerings.
MT4’s rapid execution speed aligns perfectly with FXView’s commitment to swift trades, making it highly advantageous for traders in Singapore who value efficiency.
We were particularly impressed by the customization options available, enabling us to fine-tune our trading strategies to align with FXView’s highly competitive spreads.
Although we didn’t prioritize popular features such as EAs and economic calendars, we effectively utilized advanced charting tools to analyze market trends thoroughly.
With the assistance of these tools and FXView’s leverage of up to 1:500, we analyzed potential entry and exit points thoroughly.
ZuluTrade
We were introduced to social trading by ZuluTrade, further enhanced by the exceptional conditions offered. This platform is unique due to its community-driven approach, which perfectly complements FXView’s offerings, particularly its Zero Commission Account.
Emulating the trades of seasoned traders provided us with a valuable opportunity to learn and broaden our strategy by gaining insights from traders worldwide.
We appreciated the transparency and control we had over our trades, which was essential in navigating fast-paced trading landscapes. In addition, integrating ZuluTrade with FXView’s ecosystem lets us experience a combination of social and traditional trading, all at competitive prices.
MetaTrader 5
When it comes to MetaTrader 5 (MT5), we discovered that it provides a range of advanced features that seamlessly integrate with FXView’s trading platform.
Thanks to the depth of market functionality and the availability of additional timeframes, we could thoroughly analyze FXView’s market offerings.
This will be incredibly helpful for traders considering Singapore’s importance in global financial markets and their need for thorough analysis tools.
MT5 enabled FXView to expand its trading portfolio with a wider range of stocks and commodities, leading to increased asset diversification.
With the ability to utilize leverage of up to 1:500, Singaporeans can delve into a wide range of markets with varying levels of risk, catering to the needs of experienced traders.
ActTrader
After thoroughly examining ActTrader, we discovered an incredibly versatile and easy-to-use platform. This makes it an ideal fit for FXView’s wide range of assets and the ability to customize leverage options.
Our ability to set contingent orders, known as the ‘IFO’ (If Done Order) feature, was a perfect fit for FXView’s ECN pricing model.
ActTrader’s versatility was evident as we customized our trading dashboard to match our preferences, taking advantage of their adaptable account types and market access.
The extensive personalization options offered by ActTrader and FXView’s wide market coverage perfectly suited our trading requirements in Singapore, a place that highly values diversity and adaptability.
Are there any limitations on how many devices I can use to access the FXView trading platform?
Singaporean traders can access the broker’s trading platforms via various devices, including PCs, smartphones, and tablets, and the number of devices utilized is unlimited.
Can Singaporean traders personalize the trading platforms offered by FXView?
Yes, Singaporean traders can easily tailor the settings, layouts, and indicators on FXView’s trading platforms to their specific trading needs and strategies.
Range of Markets
FXView offers Singaporean traders the following Trading Instruments
➡️Forex
➡️Stocks
➡️Commodities
➡️Indices
➡️Cryptocurrencies
Which financial products can Singaporeans trade on FXView?
The broker allows Singaporean traders to trade various financial items, including forex currency pairings, commodities, indices, equities, and cryptocurrencies.
Does FXView offer trading in Singaporean equities?
No, traders cannot access Singaporean equities with FXView, but international stocks and indices are available.
Fees, Spreads, and Commissions
As a reputable and well-regulated broker, we expected a transparent fee schedule from FXView, which is exactly what we received. Because FXView publishes its trading and non-trading fees on the website, we can give Singaporeans an accurate breakdown of each fee.
Spreads
When evaluating FXView’s financial offerings for Singaporean traders, we discovered a number of impressive features, beginning with their highly competitive spreads.
Traders in Singapore can benefit from highly competitive spreads on major currency pairs, especially within the ECN account types. This particularly appeals to individuals who utilize strategies that depend on narrow spreads.
With the Zero Commission Account, traders can enjoy spreads starting from a modest 0.6 pips, which is great for cost-conscious people.
Overall, FXView’s pricing setup offers a significant advantage for trading in the dynamic forex market, allowing trades to be executed with minimal impact on potential profits.
Commissions
We also explored FXView’s commission structure. Commissions apply to the Raw ECN and Premium ECN accounts. The former charges $2 per 100,000 USD traded per side, while the latter has an even lower rate of $1 per 100,000 USD traded per side.
These rates are designed to be competitive and transparent, enabling traders to calculate their trading costs accurately. FXView’s fee schedule is designed to make trade planning easier and allow for a more seamless trading experience, especially for those interested in ECN pricing models.
Overnight Fees
FXView’s overnight fees, or swap rates, align with industry standards and are displayed on the platform. This is an advantage to traders as transparency is crucial for traders who hold positions overnight.
Our research further showed that FXView Islamic account holders are not subject to these fees, providing a customized solution for individuals searching for swap-free accounts.
Deposit and Withdrawal Fees
FXView does not impose additional deposit and withdrawal fee charges, allowing traders to fully utilize their funds for trading activities.
However, it’s important to remember the potential fees payment providers or financial institutions might charge during the transaction.
Inactivity Fees
It’s great to see that FXView doesn’t charge inactivity fees, which is a plus for Singaporean traders who may not trade often or hold long-term positions. This lack of fees helps maintain their investments’ value over time.
Currency Conversion Fees
Many Singaporeans overlook currency conversion fees, but they are important to consider. There is a fee for transactions in currencies other than the account’s base currency at FXView.
Singaporean traders need to be aware of conversion fees when trading instruments in different currencies than their account’s base currency. Overall, being mindful of these fees is essential for effective capital management and cost-effective trading strategies.
What are the average spreads I can expect from FXView?
The spreads on key currency pairings on FXView vary according to market conditions. However, they typically start as low as 0.0 pips for Singaporean traders, providing competitive pricing.
Are there overnight swap costs when holding positions on FXView?
Yes, they charge overnight swap costs for Singaporean traders’ overnight positions, which vary based on the instrument transacted and the direction of the deal.
Deposit & Withdrawal Options
| 🔍Payment Method | 🌎Country | 💵Currencies Accepted | ⏰Processing Time |
| 🏦Bank Transfer (international) | All | AED, AUD, BBD, BGN, BHD, CAD, CHF, CZK, DKK, EUR, GBP, NAD, HKD, HRK, HUF, ILS, JPY, KES, MWK, MXN, NOK, NZD, OMR, PHP, PKR, PLN, QAR, RON, RUB, SAR, SEK, SGD, THB, TND, TRY, TTD, UGX, USD, ZAR, ZMW | 1 – 7 days |
| 🏠Local Bank Transfer | All | USD, EUR, GBP, AUD, CAD, ZAR | 1 working day |
| 💳Visa and MasterCard | All | EUR, USD, GBP, AUD, ZAR | Instant |
| 🫴🏻Help2Pay | All | USD, EUR, GBP, AUD, CAD, VND, IDR, THB, PHP, MYR | Instant |
| 🌟Skrill | All | EUR, USD, GBP, AUD, ZAR, CAD | Instant |
| 🎈Neteller | All | EUR, USD, GBP, AUD, ZAR, CAD | Instant |
| 💰Cryptocurrencies | All | BTC, USDT, ETH, USDC | Instant |
Deposits
Bank Wire
✅Access your trading account to find the banking details for a wire transfer.
✅You can easily initiate a bank wire transfer from your bank’s online portal or branch using FXView’s banking details.
✅Please provide your FXView trading account number or the unique reference number given by FXView to ensure the deposit is correctly linked to your trading account.
✅Monitor your account to see when the deposit is credited. It might take a few days because of the time it takes for the bank to process it.
Credit or Debit Card
✅Access the client portal and locate the ‘Deposit’ section.
✅Select the credit/debit card option and provide your card information and the deposit amount in SGD.
✅Please ensure that you review the transaction details, fulfill any additional security verification requested by your card issuer, and proceed with finalizing the deposit.
Cryptocurrency
✅To make a cryptocurrency deposit, simply navigate to the option in the client portal.
✅Make sure to copy the unique crypto wallet address provided by the broker for the specific cryptocurrency you’re using.
✅To complete the transaction, log into your personal crypto wallet and carefully enter the FXView wallet address. Then, send the desired amount, ensuring that it corresponds to the cryptocurrency type associated with the address.
✅Once the network confirmations are confirmed, your deposit will be visible in your account.
e-Wallets or Payment Gateways
✅Visit the deposit section in your client interface and choose the e-wallet or payment gateway that suits you best.
✅You will be directed to the payment service’s portal, where you need to log in and approve the payment to FXView.
✅Please verify the deposit amount and proceed with the transaction. Once completed, the funds will be instantly credited to your trading account.
Withdrawals
Bank Wire
✅To initiate a withdrawal, please log in to the client portal and select ‘Bank Wire Transfer’ as your preferred method.
✅Please provide your bank account information and indicate the preferred currency for withdrawal, selecting SGD if it is an option.
✅Please enter the amount you would like to withdraw, review the information, and then proceed by submitting your request.
✅It may take a few days to complete, and patiently wait while processing is underway.
Credit or Debit Cards
✅Access the client portal to submit a withdrawal request to your card.
✅Choose the card you want to credit, enter the amount you wish to withdraw, and confirm the transaction.
✅After FXView processes your request, funds will usually be credited back to your card within a few business days.
Cryptocurrency
✅Select the cryptocurrency withdrawal option in the client portal.
✅Provide your crypto wallet address and double-check for accuracy to prevent transfer errors.
✅Please provide the amount you would like to withdraw, review the information for accuracy, and then proceed to submit your request.
✅Be patient and wait for the network confirmations and the funds to appear in your wallet. The time it takes to make crypto withdrawals varies depending on the cryptocurrency network.
e-Wallets or Payment Gateways
✅Choose your preferred e-wallet or payment gateway from the available withdrawal options in the client portal.
✅Please provide your e-wallet information or choose a payment gateway.
✅Once you submit the withdrawal request, FXView will promptly process it and transfer the funds to your selected e-wallet or payment gateway.
Can Singaporean traders deposit money into their FXView accounts using mobile money?
No, they do not accept mobile money deposits. However, alternate alternatives such as bank wire transfers and internet payment processors are available.
How long does it take for deposited funds to reflect in an FXView account for Singaporean traders?
Deposits with credit/debit cards and internet payment processors are often handled immediately. However, bank wire transfers may take 1-3 business days to appear in Singaporean traders’ accounts.
Leverage and Margin
In our in-depth review of FXView, we focused on the leverage and margin regulations that affect Singapore traders. Our analysis revealed that the broker provides leverage of up to 1:500 on chosen products, a substantial level that can dramatically amplify potential gains and losses.
This high leverage is valuable for traders, allowing them significant market exposure despite a modest beginning margin.
However, it is crucial to note that not all financial instruments allow such large leverage, only major forex pairs and a few others.
We found that more volatile assets have lower leverage restrictions in place to mitigate their inherent risks. This tiered approach to leverage exemplifies their responsible lending strategy, demonstrating a grasp of the varied risk levels associated with different asset classes.
We also discovered that they have a margin call policy, a critical feature to keep account balances from falling into a negative balance.
Traders are warned when their margin usage reaches 70%, giving them enough time to liquidate positions or add cash to prevent liquidation. The stop-out level, which instructs FXView to begin closing positions, is 50% to protect traders from additional losses.
Overall, our investigation into FXView’s leverage and margin rules demonstrates the necessity of completely understanding these systems.
FXView allows Singapore traders to choose leverage levels appropriate for their trading methods and risk management measures, resulting in a tailored and cautious trading experience.
Does FXView provide negative balance protection to Singaporean traders employing large leverage?
Yes, they offer negative balance protection to Singaporean traders, ensuring that their account balances never go below zero, even during severe market circumstances.
Can Singaporean traders use leverage to trade cryptocurrencies on FXView?
Yes, Singaporean traders can use leverage to trade cryptocurrencies on FXView, allowing them to increase their trading positions in the digital asset markets.
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Educational Resources
FXView aims to cater to different traders by providing clear fee schedules with competitive trading conditions and powerful trading software, in addition to offering comprehensive educational materials and tools, including the following.
➡️Forex Glossary
➡️Video Tutorials
➡️Markets News
➡️FAQ’s
➡️Market Insights
➡️Markets Holidays
➡️The Learn Segment
➡️Webinars
Forex Glossary
FXView’s Forex Glossary is a crucial tool for Singaporean traders. It provides detailed explanations of key trading terms and simplifies understanding of FXView’s trading conditions and platforms.
In our experience, this knowledge is crucial for informed decision-making, especially when utilizing FXView’s competitive spreads and leverage options.
Video Tutorials
FXView offers video tutorials for Singaporean traders, covering forex trading basics and advanced strategies using their platforms.
These tutorials are designed to maximize the potential of FXView’s trading software, including MetaTrader 4 and MetaTrader 5. They are visually appealing and offer an interactive approach to understanding concepts like high leverage and narrow spreads.
Market News
Singaporean traders rely on FXView’s Market News segment for timely global financial news. This resource aids in strategic decision-making, incorporating news into trading strategies to navigate the unpredictable forex market.
FXView’s comprehensive analysis of geopolitical events and economic indicators helps traders make informed choices, affecting various instruments.
FAQs
FXView’s FAQs section answers common Singaporean traders’ questions on account setup, platform usage, deposit methods, and leverage settings.
It provides step-by-step assistance for new users and highlights FXView’s benefits, such as competitive commission rates and no deposit or withdrawal fees, which can help traders save on costs.
Market Insights
FXView’s Market Insights provide valuable insights for Singaporean traders, enabling them to make informed decisions based on market trends.
These customized insights are particularly useful for those using FXView’s leverage options. They help them time their positions for increased profitability and manage the risks associated with leveraged trading.
Market Holidays
FXView’s Market Holidays calendar is a valuable resource for traders in Singapore. It provides insights on trading session closures and helps traders manage open positions.
It helps traders plan their trade execution during holidays, especially for commodities and indices trading, and is especially important for those involved in lower liquidity trading.
The Learn segment
FXView’s Learn segment offers educational content for Singaporean traders, enhancing their trading skills and market analysis techniques. Regularly updated, it emphasizes the use of FXView’s technological tools and favorable trading conditions, empowering traders in the Singaporean market.
Webinars
FXView provides Singaporean traders with webinars led by market experts, offering valuable insights on various topics.
These sessions help apply theoretical concepts within FXView’s trading framework, focusing on ECN trading advantages and zero commission accounts benefits, making them an ideal learning opportunity.
What educational materials can I get from FXView?
The broker offers a wide selection of instructional tools, including articles, tutorials, webinars, and video tutorials on technical analysis, fundamental analysis, risk management, and trading psychology.
Does FXView update its educational material often?
Yes, their instructional resources are updated regularly to reflect current market trends and conditions, ensuring Singaporean traders can access the most recent knowledge and insights.
Bonuses and Promotions
Our review of FXView’s promotional strategies for Singapore showcases a meticulously planned approach to both attracting and retaining traders in this fiercely competitive market.
Firstly, we found that the 100% deposit bonus is highly effective. It effectively doubles the trading capital of new clients, providing a strong incentive for traders to choose FXView over other brokers.
The Loyalty Program is designed to provide active Singaporean traders with rewards that can greatly reduce trading costs and enhance profitability.
We’ve found that these rewards are essential for staying ahead in Singapore’s advanced market, where traders constantly seek ways to improve efficiency and lower costs.
Finally, our research brought us to the Referral Bonus, a great strategy for fostering organic growth within Singapore’s closely connected financial trading community.
Overall, we can confidently say that the reward system implemented by FXView promotes a strong sense of community and mutual benefit, aligning with the cultural values of Singapore’s market.
Is there an expiration date for the incentives granted to Singapore traders?
Yes, there might be. Bonuses often have a validity duration, which is specified in the promotional terms and conditions that Singaporeans must read before opting for these bonuses.
What should Singapore traders do if they have problems with their bonuses?
Singaporeans must contact FXView customer service, which is accessible to answer any bonus-related questions.
Affiliate Programs
Features
FXView’s affiliate program is designed to cater to Singapore’s fast-paced and highly competitive trading environment.
According to our analysis, The program aims to empower Singaporean traders to earn commissions by referring new clients to FXView.
Although they do not publish their commission structure, from what we have learned about the broker, it is quite appealing, motivating affiliates to expand their referral network actively.
The program offers diverse marketing materials essential for captivating Singapore’s knowledgeable and technology-savvy audience.
The materials are crafted to meet the exacting standards of Singaporean traders and are designed for optimal conversion. In addition, Singaporean affiliates can easily track their referrals and commissions in real-time, which helps them develop effective marketing strategies.
One noteworthy aspect is the exceptional support given to affiliates based in Singapore. Our platform provides access to dedicated account managers who offer expert guidance, ensuring all affiliates can fully maximize their earning potential.
We believe that their affiliate program is a great choice for Singaporean traders who want to leverage their industry connections and build a reputation as trusted advisors in the trading community. Overall, the program offers a combination of features that make it highly appealing.
How to Register an Affiliate Account Step-by-Step
Step 1: Go to the FXView website and locate the ‘Partnership’ tab. Then, click the “Affiliate Program” option
You will find all the information you need about the affiliate program for Singaporean traders there.
Step 2: Click on the “Join Now” Link
Please complete the application form with your contact details, including your name and surname (per your official Singaporean identity documents), email address, and phone number.
Step 3: Wait for the confirmation email from FXView
Provide a scanned copy of your Singaporean ID or passport to meet the necessary regulatory requirements for identity verification.
Provide details about your preferred marketing strategy, such as digital marketing campaigns, investment clubs, or educational workshops.
Does FXView provide unique affiliate promotions to Singaporean partners?
Yes. They periodically run special promotions and competitions to motivate and reward their affiliates. Singaporeans can keep updated on this by keeping an eye on the FXView website or signing up for the newsletter.
What are the limits for advertising FXView as an affiliate in Singapore?
Affiliates must follow FXView’s promotional standards, which require ethical marketing methods.
Customer Support
| 👥Customer Support | 🥇FXView Customer Support |
| ⏰Operating Hours | 24/5 |
| 👤Support Languages | Multilingual |
| 🗣️Live Chat | ✅ Yes |
| 💻Email Address | ✅ Yes |
| ☎️Telephonic Support | ✅ Yes |
| 4️⃣The overall quality of FXView Support | 4/5 |
Response Time
| 🫴🏻Support Channel | ⏰Average Response Time | ⏱️User-based Response Time |
| ☎️Phone | 5 – 6 minutes | 3 – 4 minutes |
| 24 – 48 hours | 24 – 48 hours | |
| 🗣️Live Chat | 2 – 4 minutes | 3 – 4 minutes |
| 📱Social Media | 5 minutes | 2 – 6 minutes |
| 🤝Affiliate | 24 – 48 hours | 24 – 48 hours |
What self-help options does FXView provide for traders in Singapore?
FXView offers a comprehensive FAQ area and educational materials for Singaporeans who need guidance.
Can Singaporean traders report account difficulties directly on the FXView platform?
Yes, they can. All account issues can be reported directly to the trading platform for rapid resolution.
Social Responsibility
FXView does not currently provide any information regarding CSR initiatives or projects.
User Comments and Reviews
🥇“I’ve been trading with this broker for a short time and am confident it’s a good choice. Aside from great trading bargains, it’s quite trustworthy when it comes to paying out, which is my main priority.”
🥈“I just discovered this broker, saw some fascinating videos, and read some interesting articles, and everything they promised appears to be true right there on their platform. I signed up and started trading!”
🥉“I recently switched to FX View as my primary broker, and it has been a great experience. Tight spreads and minimal fees are absolute game changers for me when choosing a broker.”
In Conclusion
Overall, we can conclude that FXView is a brokerage with a wide range of global products that successfully meets the needs of Singaporean traders.
However, while the platform’s merits in terms of cost-effectiveness, platform variety, and market penetration are clear, regulation and local support remain important aspects to consider.
Our Insight
In my opinion, FXView is a good option for Indonesian traders. We found that FXView’s appeal is further enhanced by the absence of deposit and withdrawal fees, which allows traders to manage their funds more effectively.
Our Recommendations
✅Consider expanding the base currencies for accounts to include others like SGD.
✅Provide a larger range of tradable instruments, including local Stocks, Indices, and ETFs.
✅Host local seminars and webinars to build a stronger community, offering networking opportunities and improving overall user engagement.
Pros & Cons
| ✅ Pros | ❌ Cons |
| FXView is known for its zero-pip spreads on major currency pairs like EUR/USD | FXView does not provide SGD-denominated accounts |
| Singaporeans can use a diverse range of trading platforms to perform trades | FXView is not locally regulated by the Monetary Authority of Singapore (MAS) |
| FXView has a decent collection of educational tools and materials | The complex platform features might intimidate beginners |
| FXView caters to beginners and professional traders | There are restrictions on leverage for certain instruments |
| There are no deposit or withdrawal fees charged | There are limited promotional offers and bonuses |
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Frequently Asked Questions
Is FXView accessible in Singapore?
Yes, FXView provides its services to Singapore citizens. However, FXView is not locally regulated and does not support SGD as an account-based currency.
What type of customer support does FXView provide?
FXView provides customer service by email, live chat, and phone. Furthermore, the FXView website will provide the most up-to-date contact information.
Is FXView regulated in Singapore?
FXView is not regulated in Singapore. FXView has regulatory permits in several regions but is not subject to special supervision by the Monetary Authority of Singapore (MAS).
Does FXView provide instructional resources?
Yes, FXView frequently provides various instructional tools, including seminars, articles, and market analysis. Traders can visit their website for current educational opportunities.
How can I deposit into my FXView account?
FXView accepts a variety of deposit options, including bank transfers, credit/debit cards, and eWallets.
