FXVC review examines a European-based CFD and forex broker formerly operated under CySEC regulation. FXVC offered multi-asset trading across major instruments via a proprietary web platform. While the brand had recognition in the EU market, its regulatory status and operational model changed in recent years, making its current offering limited or restricted depending on jurisdiction.

Regulation and Safety

FXVC was operated by Centralspot Trading Ltd, which was regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number 238/14. As of recent reports, the CySEC license has been suspended or lapsed, and the broker is no longer onboarding EU retail clients. Previously, FXVC complied with MiFID II regulations, maintained segregated accounts, and participated in the ICF (Investor Compensation Fund).

Execution Model and Trading Platforms

FXVC operated on a Market Maker (MM) model with no-dealing-desk claims for certain products. It used a proprietary web-based trading platform rather than MetaTrader:

• FXVC Web Trader (browser-based)
• No MT4 or MT5 support

The platform allowed trading across all major asset classes, with simplified charting and integrated watchlists. Algorithmic trading and FIX API were not supported. No VPS services were offered.

Markets and Instruments

FXVC provided access to over 250 CFDs including:

• Forex (major, minor, exotic pairs)
• Indices (DAX, NASDAQ, FTSE100, etc.)
• Stocks (US and European shares)
• Commodities (gold, oil, silver)
• Cryptocurrencies (BTC, ETH, LTC, XRP, BCH)

The availability of instruments depended on regional restrictions and client categorisation.

Accounts, Spreads and Leverage

FXVC offered five account tiers with increasing benefits:

• Bronze: Spreads from 2.0 pips, limited access
• Silver: Slightly lower spreads, basic education
• Gold: Better spreads, account manager
• Platinum & VIP: Tightest spreads, priority support, advanced tools

Key trading conditions included:

• Leverage: up to 1:30 for retail (CySEC cap); up to 1:200 for professionals
• Minimum deposit: €2,500 (Bronze tier)
• No commissions – all pricing built into spreads

Funding and Base Currencies

Supported base currencies included EUR, USD, and GBP. Available funding methods:

• Credit/debit cards
• Bank wire transfer
• Skrill, Neteller (selected accounts)

Deposit processing was instant for cards. Withdrawals required 3–5 business days and were subject to verification. Some tiers carried withdrawal fees.

Client Protections and Features

Previously, FXVC adhered to CySEC regulatory requirements, offering:

• Segregated client accounts
• Negative balance protection
• Eligibility for Investor Compensation Fund (ICF)

Two-factor authentication was supported via the client portal. However, post-license lapse, regulatory protections may no longer apply to new clients.

Institutional and Retail Offering

FXVC targeted retail clients through a tiered account model but did not support institutional trading, FIX API, or white-label solutions. Educational resources included introductory materials, but were primarily available to Silver-tier clients and above. A dedicated relationship manager was assigned to Gold and VIP clients.

Pros and Cons

Pros

• Simple web-based trading platform
• Diverse asset coverage including crypto
• Tiered accounts with personalised service
• Previously CySEC-regulated with client fund protection

Cons

• No MT4/MT5 or algorithmic trading support
• High minimum deposit compared to peers
• Regulatory license may no longer be active
• No VPS, FIX API, or institutional tools

Frequently Asked Questions

Is FXVC still regulated?

FXVC was regulated by CySEC (license 238/14), but its regulatory status has lapsed. It may no longer serve EU retail clients under that license.

Does FXVC support MetaTrader platforms?

No, FXVC uses a proprietary web platform and does not offer MT4 or MT5.

What is the minimum deposit?

The minimum deposit is €2,500 for the Bronze account tier.

What assets can I trade with FXVC?

You can trade over 250 CFDs including forex, indices, stocks, commodities, and cryptocurrencies.

Are client funds protected?

Previously, FXVC clients were protected under CySEC rules with segregated accounts and ICF eligibility. Current protections depend on licensing status.