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FXVV Broker: Closed

← Back to Forex Brokers List

The company website is no longer online, without any notice. Moved listing to closed broker.

FXVV Discussion

FXVV reviews  

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  • Website: fxvv.com
  • Founded: 2011
  • Company: FXVV Capital Markets Ltd ; FXVV Commercial Brokers LLC (UAE)
  • Headquarter: Office No. 3704 ( Level 37 ) Executive Towers, Sheikh Zayed Road, Dubai, United Arab Emirates

International offices United Arab Emirates
Broker Type ECN/STP
Broker Status Independent Broker
Accept U.S Clients Yes
Live Chat Yes
Phone +64 9889 2994
Fax –
Email –
Website Languages English, Russian

 

Account Information

Free Demo Account Yes
Min. Deposit
  • $10 – started ECN
  • $5,000 – standard ECN
  • $50,000 – professional ECN
ECN account $10
Account Currencies USD • EUR • GBP
Maximum Leverage
  • 2000:1 – started ECN
  • 500:1 – standard ECN
  • 100:1 – professional ECN
Minimal Order Volume
  • 0.01 – started ECN
  • 0.1 – standard ECN
  • 1 – professional ECN
Segregated accounts No
Swap-free Accounts Yes
MAM/PAMM accounts MAM
Managed account No
Interest on margin No
Deposit/ Withdraw Options Liberty Reserve • Moneybookers (Skrill) • Perfect Money • LiqPay • CashU • Bank Wire • Visa/ Mastercard • Western Union

 

Trading Terms

Trading Platforms
  • MetaTrader 4
  • cTrader
Precision pricing 5 digits
Type of Spread Floating
Commission no
Lowest spread on EURUSD
  • 1.5 – started ECN
  • 1.2 – standard ECN
  • 0.8 – professional ECN
Scalping Yes
Hedging Yes
Expert Advisors Yes
One-click execution No
OCO orders Yes
Mobile Trading Yes
Web Trading No
Gold, Silver Yes
CFDs No
Other Trading Instruments No
Promotion Yes
Trading Contests No

Reader Interactions

Comments

  1. Parijat says

    November 25, 2013 at 9:32 pm

    Hi,
    before opening any live account I just pre-check the broker. I sent 5/6 email address which are mentioned in their website and all the mail are bounced back (those are fake I guess). I called their number several times and no one responded. So I thought it will not be a good idea to invest in it cause I found lack of professionalism and I was not sure whether it is a scam broker or not. I tried calling their on May 2013.

    Now I feel that I took the right decision as many people are claiming here that this is a scam broker. One suggestion, before putting money into any broker, please pre-check and be sure they are prfessional enough to support you.

    Thanks

    Reply
  2. Peter Szabo says

    August 5, 2013 at 11:51 pm

    My name is Peter Szabo from Hungary, and I would like to tell a story about the FXVV Capial Markets Ltd. (Registered in New Zealand, address;Office No.3, 556 Cameron Road, Bay of Plenty, Taurangga 3112, New Zealand)

    I opened an account in the FXVV Capital Markets LTD. this year, at the end of may. I sent 7000USD to my trading account via bank wire and before I open my 1st position I read again the terms and conditions and I saw, that If I win, FXVV does not pay out the profit before I haven’t trade 350 standard lots. I’ts too mutch to trade, so I haven’t opened position(s) and I wanted all my money back without trading. I sent a withdrawal request to the firm and waited. They (the FXVV) haven’t processed the withdrawal request more than 10 business days. I sent a letter about this case and we wanted to know what is the problem. They said nothing, no answers, no phone call, no live chat. I wrote a letter again and I said if they are not responding, I will go to the police to sue them, and I will go to the internet, and I will write down our case in lot of forums like forexfactory, forexpeacearmy and so an. 3 hours later I got a mail, that they said :” yes we send the money back to your bank account”. This was 15 business day ago, but the money is not in my bank account, and not on the trading account either.
    I think 15 business day is enough for the money to arrive IF they said the true.
    5 day ago I ask for a swift monitoring riport from the FXVV, because I want to see, that they are saying the true (they can proof with this, that the money is travelling now), but they have not sent it to me.
    I’m not newbie in forex and I think this firm is a scam broker.
    So this is the story, and now it’s high time to us to do something.
    Firstly I sent this story to the Reserve Bank of New Zealand, because I hope they can help me.
    Secondly I wrote down this story about my case, beacause I think if we ( all the aggrived parties) make a group we can do something.

    So, if you have any problem with FXVV, withdrawal or something, please send me a mail to my address and join me, together we can do something.
    I want to find a lot of aggrieved people and let’s wind up this scam broker!

    Best Regards; Peter Szabo

    mail: [email protected]

    Reply
  3. Mario says

    July 25, 2013 at 12:34 pm

    Before considering opening accounts with FXVV, do a quick search on this company.or take a look on [link moderated]. Look at how they treat their trading clients – cant get any more unethical than FXVV.

    Reply
  4. Ashish says

    July 9, 2013 at 1:44 am

    The leverage is the killer here. There are hardly some other brokers that allows leverage as upto 2000:1, also the minimum amount of investment is also very low and can be very convenient for the newbie traders.

    But what the negative point about them is that their support is system is not that commendable. I sent support ticket quite a long ago and got reply after 1 week or so which is really annoying for me.

    Reply
    • roman says

      July 26, 2013 at 11:15 am

      Ashish – the excessive leverage is intended for beginners to lose since FXVV is trading against you and not as the ECN STP that they claimed they are. Try winning and see if you can get your winnings.

      Reply
  5. Miklos Molnar says

    June 19, 2013 at 3:21 pm

    I want to apologize for all the badmouthing about FXVV, they are revising my case now and allow me to withdraw my money.

    Reply
    • ForexBlogger says

      June 19, 2013 at 9:18 pm

      That’s good to hear. Congratulation 🙂

      Reply
  6. Miklos Molnar says

    June 18, 2013 at 10:43 pm

    Following the situation, after 1 week they removed all of my profit without any explanation, and also not letting me to withdraw the initial deposit.
    The costumer support is unable to help in any cases and the financial departement is unreachable.
    I recommend anyone who is trading with FXVV to take your money out before you get scammed. You are their best friend until you start to earn money, after they ignore you on chat and phone.

    Reply
  7. Willy says

    June 13, 2013 at 3:29 pm

    This is bullshit….they didn’t pay my profit, no official reference just a gypsy at chat repeat all time you are cheated…pfff.

    Reply
  8. Bibart Flavius says

    June 11, 2013 at 9:11 pm

    In my opinion the FXVV is a tricking company, because they do not enable to trade on your account when you have a profit. I have the same problem like Miklos, I can`t close my position or to open an another one, they said this problem appears only to me, and they can`t solve my problem, they can`t find any solution.
    Steer clear of FXVV!!!!!!!!!

    Reply
  9. Miklos Molnar says

    June 11, 2013 at 8:27 pm

    Be aware, i opened a position and when i tried to close it i lost control over my account (i couldn’t open or close any position or set limit and stop orders), they said it’s my problem and did nothing to help me.
    I requested a close on my position via e-mail (no reaction from their side). The only reply was that i can take out my initial deposit and they will close my account, but i will lose all my profit gained. This happened 1 day ago they said it’s my personal problem only and my position is still open.

    Reply
  10. Adam says

    May 15, 2013 at 12:48 pm

    Dear Atta,

    You never be a part of our partnership as we never work with cheater. We never deal with cheater and we never deal with IB who cheat his customer and loss all his customer money. We never deal with such IB as you never fullfill your promises. Take care your customer before asking your commission and salary. We pay your salary few months evern you not bring us any customer and deposit. Be smart, stay safe.

    Reply
    • YOUSIF says

      September 5, 2013 at 6:57 pm

      ATTA MUHAMMAD WAS PART OF YOUR BUSINESS FROM PAKISTAN.. YOU ARE A LIAR ADAM A.K.A

      MOHAMMAD NOOR FROM MALAYSIA THAT MOVE TO ANOTHER PALACE FROM RUNNING CLIENTS MONEY

      YOU ARE A CHEATER..AND SHOULD GO TO JAIL

      Reply
  11. Atta Muhammad says

    May 15, 2013 at 12:22 pm

    Scam Scam Scam Away from Fxvv.com when i make resign from this company as my clients was not happy due to not paid on time so after my resign they steal my money $1300 even my profit share plus trade commission i am scared this company can run away as not registered and not regulated…….

    Reply
  12. Maluuba says

    March 18, 2013 at 12:22 pm

    Such the best broker that i have traded with. Fast execution and excellent customer support all the time. i certainly recomend this broker for everyone to trade with.

    Reply
  13. Austin says

    March 14, 2013 at 9:33 am

    I am from the US and this offshore forex broker always have something ne up their sleeves. Like last year, they offer 100% bonus and raw spread. Now they’re bringing back the two promotions as one. Check them out.

    Reply
  14. Razor says

    January 30, 2013 at 1:23 pm

    Till now, i don’t experienced any major problem with them. The Leverage is high enough, Minimum deposit is also good. Spreads are also very tight and that’s completable with the other brokers. The Promotions are going on with the pace and that must be the reason they are getting vastly popular in quick time.

    What i don’t like is their Website. The website is too slow and it takes more than 30 Seconds for me to load. Also support is not that good, i sent them an email stating about the free deposit bonus, and till now after a month i am still waiting for them to reply. I think they should make their support system little bit sensitive than what they have now.

    Reply
  15. Alexis Casamayo says

    December 3, 2012 at 8:42 pm

    FXVV Capital Markets Ltd
    This is a pretty new broker that has just launched last year. What I like about this broker is their first of all is their website. Their website is clean and very functional. Their minimum deposit of $1 is also an advantage because almost everybody can start trading with only $1 although you cannot do much about your $1 really. This is also one of the few websites that allows US traders. This means that if you join their affiliate programs, you are free to recruit US traders.
    What I don’t like about this broker is their very high leverage. I think that makes traders commit too much that if they lose, they will be in too much debt with the broker. Another thing, they are currently supports MT4 platform and I do not see any implications or interest to develop MT5 which we know will be the future of forex. The very last thing would be that this has a very low popularity and it makes it susceptible to bankruptcy.
    Overall, this broker is still young and needs to prove that their services belong to the trusted brokers. I have roamed around trader’s communities and I have never really seen a group of traders that have expressed satisfaction about this broker’s services.

    Reply
  16. ztirf says

    October 23, 2012 at 11:50 am

    i was able to find this broker and created an account with them..Every month new offers and bonus this broker is offering,i even had a bonus when i use their bank transfer methods. This FXVV gave me a sense of no worries at all!that is why i recommend this broker to every traders!

    Reply
    • MIbo U. says

      November 27, 2012 at 11:10 am

      wow people!…. FXVV is the real deal to trade with all the methods are great to use. every deposit i made give me more additional money and dont forget their fast executions…..no wonder this broker gets the new comer of the year in the middle east!.great job FXVV, glad to have you as my broker!:)

      Reply
  17. Lovely says

    October 23, 2012 at 8:15 am

    Hi FXVV With 100’s of different Forex Brokers operating throughout the world, Im at ease with you guys, deposit and withdrawal is instant .All your promotions is worth it. Just keep it up.

    Reply
  18. Hasegawa says

    October 22, 2012 at 1:34 pm

    I’ve opened account with them 5 months ago. They always have something new for everyone. Be it new promotions, new deposit bonus and great new services. I also heard from my account manager that binary option will be added as one of their services before the year ends. Another great service that i look forward to.

    Reply
  19. Adam says

    August 6, 2012 at 9:08 am

    Hi..admin, please update for FXVV that now we Accept US Client, No trading commission, Leverage now 1:2000, and we accept deposit and withdrawal by PerfectMoney and LiqPay.

    thank you

    Reply
    • ForexBlogger says

      August 6, 2012 at 10:06 am

      Updated! Thank you. 🙂

      Reply
  20. fx australia says

    July 1, 2012 at 7:22 am

    Fxvv has some serious problem now a days! I was in a live trade last week & their server went down off for 15 mins!!! I was really shocked as my money was online!
    This experience was really disgusting , later I tried to contact support. They need to improve more!
    Down server problem is too much serious issue! they must resolve it!

    Reply
  21. fxaustralia says

    June 27, 2012 at 10:20 am

    I have a good & bad experience with this broker. Trading terminal is normal and ok but when you try to trade live accounts, you might feel a bad experience! often whenever I try to place a live order, spreads automatically gets doubled or quad times and I went down a lot of pips at starting and finally I lost trades due to this matter.
    For example, gold spread normally 44-52 which is quite ok but when I try to place an live order, it goes 200 & more often I lost trade due to this this!
    I think they must think of this issue and solve it otherwise no one will be interested to throw their money away to market! total mess!!

    Reply

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