FXVC
Regulatory Status
Not RegulatedRegulation & License
Score
1.55 /10FXVC Comprehensive Review
Is FXVC Safe?
Regulatory Standing And Supervision Overview
FXVC does not hold any valid authorization for forex trading and should be considered a highly suspicious entity. The broker, operating as Centralspot Trading Ltd, is reported as Not Regulated. An inactive Forex Execution License (STP) from Cyprus's CySEC, held by a different entity, does not apply. The broker lists a suspicious operational region and lacks credible oversight. Investors must perform independent verification through official regulatory registers before engaging.
Safety Score Breakdown Across Dimensions
FXVC carries a composite score of 1.55, with a regulatory rating of N/A, risk control rating of N/A, software rating of 4.0, business rating of 7.29, and license rating of N/A, showing a mixed profile with severe deficiencies in oversight. The low composite score is an aggregate of internal calculations. The software rating reflects platform capabilities, while the business rating pertains to operational scale. Key regulatory, risk control, and license ratings are not currently disclosed. Traders should cross-reference this information with other site sections, carefully weighing each dimension against their personal risk tolerance.
FXVC Broker Overview And Key Metrics
FXVC, operated by Centralspot Trading Ltd, functions without established regulatory oversight from a base in the United Kingdom. The broker offers five account tiers with entry requirements starting from 250 EUR and escalating to higher capital thresholds. In terms of trading flexibility, FXVC accounts are noted to permit scalping, hedging via lockable positions, and automated trading with Expert Advisors. Key operational details regarding specific trading platforms, leverage, spreads, or the exact number of tradable instruments are not publicly documented and would require confirmation with the broker. The entity's corporate history indicates several years of activity, but traders are advised to conduct independent verification of its operational status.
Account Tiers and Technical Features
FXVC structures its accounts into five tiers, each with specific minimum deposit requirements but with leverage and spread details not currently disclosed. All account types support locking positions, scalping strategies, and automated trading via Expert Advisors, operating on a platform not currently specified. The absence of standard account parameters and the lack of regulatory oversight are critical operational aspects to consider.
Tradable Instruments and Product Coverage
Tradable instruments and instrument count are not currently disclosed. The list of not-offered main categories is also not currently disclosed. Readers may review the broker's official site for the full product list and should verify coverage against their own trading needs.
FXVC Regulation & License
- No Regulatory Information
Note: The above regulatory information is sourced from the official FXVC website.
Basic Information
Registered Region
United Kingdom
Operating Period
5-10 years
Company Name
Centralspot Trading Ltd
Customer Service Email Address
support@fxvc.eu
Contact Number
+441613941367
Company Website
https://fxvc.com/int/
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Frequently Asked Questions About FXVC
Is FXVC a regulated forex broker?
FXVC is not regulated for forex trading. The entity Centralspot Trading Ltd is officially listed as 'Not Regulated'. An associated company, Finteractive Ltd, once held a Cyprus Forex Execution License (STP 238/14) from CySEC, but this license is currently 'Unsubscribed'. This status means the broker operates without active, credible regulatory oversight. You should verify a broker's licensing status directly through official regulatory registers before engaging.
What risks should traders notice before using FXVC?
Traders should be aware of the core risk factor: the broker operates without credible regulatory oversight, which is a critical gap for client fund protection. Additionally, there is significant non-transparency. Key operational details like leverage, spreads, specific tradable instruments, and deposit methods are not publicly disclosed, making a comprehensive risk assessment difficult. Its composite score of 1.55 reflects severe deficiencies across several safety dimensions. You are advised to independently verify all trading conditions directly with the broker.
Is the entry threshold of FXVC high?
FXVC's tiered account structure presents varied entry thresholds. The BRONZE account starts at 250 EUR, which is a typical retail minimum. However, the SILVER, GOLD, PLATINUM, and VIP accounts require 10,000 EUR, 25,000 EUR, 100,000 EUR, and 250,000 EUR, respectively. This structure creates a significant initial capital requirement for accessing higher account tiers. It is important to note that account-specific spreads, leverage, and commissions are not disclosed, so the total cost of entry remains unclear.
Can I use EA or automated trading with FXVC?
Is the product range of FXVC wide enough?