FxView offers several account types to cater to different trading styles and preferences. In this article, you can find information about each account type to help you choose the most suitable option for your trading needs.
Main Account Types
- Zero Commission Account
- Raw ECN Account
- Islamic Account (Swap-Free)
Comparison Table of Account Types
| Feature | Zero Commission | Raw ECN | Islamic |
| Minimum Deposit | $50 | $50 | $50 |
| Spreads | From 0.6 pips | From 0.0 pips | From 0.0 pips |
| Commission | $0 | $2 per lot | $1 per lot |
| Leverage | Up to 1:500 | Up to 1:500 | Up to 1:500 |
| Execution Type | Market Execution | Market Execution | Market Execution |
| Platforms | MT4, MT5, ActTrader | MT4, MT5, ActTrader | MT4 |
| Scalping Allowed | Yes | Yes | Yes |
| Hedging Allowed | Yes | Yes | Yes |
| Swap-Free | No | No | Yes |
Zero Commission Account
The Zero Commission Account is designed for traders who prefer a straightforward pricing structure without separate commissions.
Key features:
- No commission charges
- Slightly wider spreads compared to ECN accounts
- Suitable for both beginners and experienced traders
- Access to all trading instruments
How to open a Zero Commission Account:
- Visit the FxView website
- Click on “Open Account”
- Select “Zero Commission Account”
- Complete the registration form
- Verify your identity
- Fund your account
Islamic Account (Swap-Free)
The Islamic Account is designed for Muslim traders, adhering to Sharia law by eliminating swap charges on overnight positions.
Key features:
- No swap or rollover fees
- Available only on MT4 platform
- Commission structure similar to Raw ECN Account
- Compliant with Islamic finance principles
Opening an Islamic Account:
- Register for a standard account on the FxView website
- Contact customer support to request an Islamic Account
- Provide necessary documentation to verify your eligibility
- Await account conversion confirmation
Raw ECN Account
The Raw ECN Account offers direct market access with tighter spreads and a separate commission structure.
Key features:
- Ultra-low spreads starting from 0.0 pips
- Commission of $2 per lot traded
- Direct market access
- Ideal for high-volume traders and scalpers
Steps to open a Raw ECN Account:
- Go to the FxView website
- Click “Open Account”
- Choose “Raw ECN Account”
- Fill out the registration form
- Complete the verification process
- Make your initial deposit
Leverage Options
FxView provides flexible leverage options:
- Up to 1:500 for non-EU clients
- Up to 1:30 for EU clients (in compliance with ESMA regulations)
Leverage availability may vary based on the instrument and your account type. Adjust your leverage in the client portal or contact support for assistance.
Forgot Password Process
FxView offers multiple base currencies for your trading account:
- USD (US Dollar)
- EUR (Euro)
- GBP (British Pound)
- AUD (Australian Dollar)
- ZAR (South African Rand)
- CAD (Canadian Dollar)
Select your preferred base currency during the account opening process.
Minimum Deposit Requirements
Minimum deposit amounts for FxView accounts:
- Zero Commission Account: $50
- Raw ECN Account: $50
- Islamic Account: $50
Higher initial deposits may be required for certain features or trading conditions.
Account Funding Methods
FxView supports various deposit methods:
- Bank Wire Transfer
- Credit/Debit Cards (Visa, MasterCard)
- E-wallets (Skrill, Neteller)
- Local Payment Solutions
- Cryptocurrencies (Bitcoin, Ethereum, USDT)
Deposit processing times and fees may vary depending on the chosen method.
Professional Client Accounts
Experienced traders may qualify for Professional Client status, offering benefits such as higher leverage and additional features.
Eligibility criteria for Professional Client status:
- Significant trading volume in the past 12 months
- Financial instrument portfolio exceeding €500,000
- Relevant experience in the financial services sector
To request Professional Client status:
- Contact FxView support
- Provide necessary documentation to prove eligibility
- Complete the Professional Client application form
Demo Accounts
FxView offers free demo accounts for all account types, allowing you to practice trading strategies without risk.
Demo account features:
- Virtual balance of $100,000
- Access to all trading instruments
- Real-time market data
- 30-day validity (can be extended upon request)
To open a demo account:
- Visit the FxView website
- Click on “Demo Account”
- Fill in the registration form
- Choose your preferred platform (MT4, MT5, or ActTrader)
- Start trading with virtual funds
Corporate Accounts
FxView provides corporate account options for businesses and legal entities.
Corporate account benefits:
- Tailored trading conditions
- Dedicated account manager
- Enhanced reporting features
- Multiple sub-accounts option
To open a corporate account:
- Contact FxView’s corporate services team
- Submit required company documentation
- Complete corporate account application
- Undergo compliance review
PAMM/MAM Accounts
FxView offers PAMM (Percentage Allocation Management Module) and MAM (Multi-Account Manager) solutions for money managers and investors.
PAMM/MAM features:
- Ability to manage multiple client accounts
- Performance-based fee structure
- Transparent reporting for investors
- Customizable allocation methods
To set up a PAMM/MAM account:
- Contact FxView’s institutional desk
- Provide required documentation
- Complete the PAMM/MAM agreement
- Set up your manager account
Account Security Features
FxView implements several security measures across all account types:
- Two-Factor Authentication (2FA)
- SSL encryption for data protection
- Segregated client funds
- Negative balance protection
- Regular security audits
Enable additional security features in your account settings or contact support for assistance.
Account Upgrade and Downgrade
You can switch between account types or request upgrades based on your trading performance and needs.
To change your account type:
- Log in to your FxView client portal
- Navigate to “Account Management”
- Select “Change Account Type”
- Choose your desired account type
- Review and accept the new terms
- Wait for confirmation of the change
Note: Changing account types may require additional verification or minimum deposit requirements.
Account Closure Process
To close your FxView account:
- Withdraw all available funds
- Close all open positions
- Cancel any pending orders
- Contact FxView support to request account closure
- Provide reason for closure and confirm identity
- Receive confirmation of account termination
Note: Closed accounts cannot be reopened. You’ll need to create a new account if you wish to resume trading.
Account Inactivity Policy
FxView may apply inactivity fees to dormant accounts:
- Accounts inactive for 12 months may incur a monthly fee
- Inactivity fee: $10 per month or equivalent in account currency
- Fees deducted from available account balance
To avoid inactivity fees:
- Maintain regular trading activity
- Log in to your account periodically
- Contact support to reactivate a dormant account
FAQ
Yes, you can open multiple accounts with different types. Log in to your client portal and select “Open Additional Account” from the account management section. Choose your desired account type and complete the setup process. Managing multiple accounts allows you to implement various trading strategies or separate your trading activities.
To modify your leverage, log in to your FxView client portal and navigate to the “Account Settings” section. Look for the “Change Leverage” option and select your desired leverage level from the available choices. Review the risks associated with higher leverage before confirming the change. If you don’t see the option to change leverage or need assistance, contact FxView support for help.
If you encounter issues with your preferred payment method, first check if there are any restrictions or maintenance notifications on the FxView website. Try an alternative payment method from the available options. If problems persist, contact FxView support with details of the issue, including any error messages received. Our support team can you through alternative funding options or help resolve any technical issues with your chosen payment method.
