FxRevenues Broker Review

FxRevenues broker overview

FxRevenues is a newly-launched online broker offering a wide range of tradable instruments, including currencies, indices, cryptos, shares, and commodities. The FxRevenues company is based in St. Vincent & the Grenadines and offers leverage of up to 1:200. The leverage provided by FxRevenues is quite decent as it gives good exposure to the markets without being too risky. The minimum deposit is $250. In addition, FxRevenues offers its proprietary trading platform for desktop and mobile platforms.

The company does not offer a demo account but provides 24/5 customer support. FxRevenues is not publicly traded and does not have a publicly-available client base. FxRevenues has yet to receive its regulatory license, but it operates with an offline license issued in St. Vincent & the Grenadines. FxRevenues does not charge deposit or withdrawal fees. In addition, the broker has not mentioned anything about the inactivity fee that a trader needs to pay if they don't trade for a while.

Moreover, the FxRevenues broker offers a safer and more secure trading environment with modern features making it easier for traders to manage their risks and monitor their portfolios. FxRevenues offers tighter spreads, and the commissions are also very competitive. Overall, FxRevenues is a good broker with some great features, and they're gaining popularity among traders.

FxRevenues safety information

As discussed above, FxRevenues has not received its regulatory license yet, but they are already operating with an offline license. FxRevenues broker has taken all the essential steps to ensure that its clients' funds are safe and secure.

The broker has segregated accounts for its clients' funds, and all the client's money is kept in top-tier banks. When the money is kept in a segregated account, it is not used for any other purpose and only to execute the client's trades.

In addition, the broker has implemented the Negative Balance Protection policy to ensure that its clients do not lose greater than their deposited amount. Negative balance protection helps limit a trader's losses to their deposited amount.

Moreover, FxRevenues has implemented SSL encryption technology to ensure that all its clients' personal and financial information is safe and secure. The broker has also established a strict anti-money laundering policy to ensure that its clients' funds are not used for any illegal activity. In addition, FxRevenues has also implemented KYC (KnowYour Customer), which helps to verify the identity of its clients. Finally, FxRevenues offers multiple secure methods to deposit and withdraw money, so you don't have to worry about your funds' safety.

FxRevenues fees details

FxRevenues does not charge a fee for depositing or withdrawing funds, and it's good news for traders. However, your banks might charge you a fee for international transfers. In addition, the FxRevenue broker does not mention anything about inactivity fees. An inactivity fee is a type of charge traders need to pay if they don't trade for a period.

Like any other broker, FxRevenues also charges a swap fee that a trader must pay if they hold a position overnight. Swap is the fee that you pay for borrowing or lending an instrument. When you go long on an instrument, you borrow it from somebody, and when you go short, you lend it to somebody. The swap fee is usually a small percentage of the trade size and is charged daily.

FxRevenues also offer tight spreads, and the commissions are very competitive. But, the FxRevenues broker has not mentioned the spread limit, so you can contact their customer support to get more information about their spreads.

FxRevenues also offers an Islamic account in which no swap fee is charged. Swap-free accounts are also called Islamic accounts as they follow the Islamic Shariah Law. In these accounts, you need to pay commissions on every trade you make.

Spreads fee details at FxRevenues

Like other brokers, FxRevenues also earns money by charging a spread on the traded currency pairs. As per their website, FxRevenues offers competitive spreads, and the exact details are unavailable. However, you can contact their customer support to get more information on the same.

Let's see how it works with an example to understand spreads better. Assume that the EUR/USD bid-ask price is 1.2356-1.2359. The spread, in this case, would be three pips. So if you buy EUR/USD at 1.2359 and then sell it immediately at 1.2356, you would pay a spread of 3 pips.

Swap fee details at FxRevenues

For holding a position overnight, FxRevenues charges a swap fee. The swap fee is the amount the broker charges for holding a position overnight. The swap fee depends on the asset type you're trading and the direction of your trade (long or short).

FxRevenues also charges you a swap, and it's variable depending on the instrument you are trading. You can contact their customer support for the most updated swap rates. In addition, if you are looking for swap-free (Islamic) accounts, FxRevenues also offers these accounts. When you trade with FxRevenues Islamic accounts, you must pay a commission instead of a swap.

Deposit and withdrawal options at FxRevenues

FxRevenues offers a variety of deposit and withdrawal methods, including credit/debit cards, bank wire transfers, and e-wallets. The minimum deposit is $250. The FxRevenues broker does not charge any deposit or withdrawal fees. However, you might need to pay a conversion fee if you're depositing in a currency other than USD. Again, the minimum withdrawal amount is not mentioned by the broker.

Withdrawals at FxRevenues are processed within 24 hours, and it takes around 5-7 business days to receive the money in your account. Therefore, the withdrawals at FxRevenues are fast compared to other brokers.

Both the deposit and withdrawal processes are pretty simple. You just need to log into your account, go to the "Banking" section, and select your preferred payment method. Moreover, the transactions are secured with SSL encryption making them safe and secure for traders.

As FxRevenues broker is compliant with AML and KYC, clients need to submit their identity documents such as a passport or national ID and proof of address before they can make a withdrawal. The verification process ensures that the client's money is safe and secure. Also, it assures the broker that the trader is not using fraudulent means to deposit or withdraw money.

FxRevenues also has dedicated support regarding deposits and withdrawals so that clients can get assistance if they face any issues. In addition, FxRevenues offers 24/5 support to clients for any questions or queries they might have regarding fund management.

Tradable markets at FxRevenues

FxRevenues is a newly launched online broker that offers a wide range of tradable instruments, including currencies, indices, cryptos, shares, and commodities. FxRevenues offers leverage of up to 1:200. The leverage provided by FxRevenues is quite decent as it gives good exposure to the markets. Let's look at all the tradable markets of FxRevenues.

If you're into forex trading, then you'll be happy to know that FxRevenues offers more than 50 currency pairs for trading. At FxRevenues, all major and minor currency pairs are available for trading, including EUR/USD, USD/JPY, GBP/USD, AUD/USD, and NZD/USD. In addition, exotic currency pairs such as USD/TRY, USD/ZAR, and USD/MXN are also available for trading. The spreads offered by FxRevenues on currency pairs are pretty tight.

FxRevenues also offers a good selection of CFDs on Indices. All major indices are available for trading, including S&P 500, NASDAQ, Dow Jones, and FTSE 100. In addition, other popular indices such as Nikkei 225, Hang Seng Index, and ASX 200 are also available for trading. The spreads offered by FxRevenues on Indices are pretty decent.

FxRevenues is one of the few brokers that offer CFDs on Cryptocurrencies. The selection of cryptocurrencies is not very large, but all major cryptos are available for trading, including Bitcoin, Ethereum, Bitcoin Cash, Litecoin, and Ripple. The spreads offered by FxRevenues on cryptocurrencies are pretty tight.

If you're into stock trading, then you'll be happy to know that FxRevenues offers more than 250 stocks for trading. All major stocks are available for trading, including Apple, Amazon, Facebook, Google, and Tesla. In addition, the spreads offered by FxRevenues on stocks are pretty decent.

FxRevenues also offers a good selection of CFDs on Commodities. All major commodities are available for trading, including Gold, Silver, Oil, and Coffee. The spreads offered by FxRevenues on commodities are pretty decent. FxRevenues is a good broker with a 1500+ range of tradable assets.

Leverage information at FxRevenues

FxRevenues offers maximum leverage of 1:200 for all account types. It is considered a decent amount of leverage that gives good market exposure without being too risky.

With the leverage of 1:200 at FxRevenues, if you have $400 in your account, you can trade with a position size of $80,000. So, if the price moves one pip in your favor, you will make a profit of $800. Similarly, if the price moves one pip against you, you will lose $800.

FxRevenues trading platforms

FxRevenues is an emerging online broker that offers full-fledged proprietary trading platforms for desktop and mobile devices. FxRevenues does not provide MT4 or MT5 platforms but their custom-built trading platforms. Their web trading platform covers all the essential features and tools a trader needs for effective trading. The web trading platform is available in multiple languages, including English, Spanish, French, German, Italian, and Portuguese. Let's look at every trading platform available at FxRevenues.

FxRevenues web trading platform

The FxRevenues web trading platform is a fully-functional trading platform that covers all a trader's needs. The FxRevenues platform is available in multiple languages and offers many features and tools. The web trading platform is user-friendly and easy to use. The FxRevenues web trader provides advanced tools like price charts with multiple timeframes, technical indicators, and drawing tools. The web trading platform also provides a news feed, economic calendar, and market analysis. Overall, the FxRevenues web trading platform is excellent, with all the essential features and tools that a trader needs for effective trading.

FxRevenues mobile trading

FxRevenues also offers a mobile trading app available for Android and iOS devices. The FxRevenues app is user-friendly and easy to use, and the app provides all the features and tools of the web trading platform. The mobile trading app is convenient for traders who want to trade. Let's have a look at some of the cutting-edge features of FxRevenues platforms:

Superior analysis tools

FxRevenues offers great analysis tools like price charts with multiple timeframes, technical indicators, and drawing tools. These analysis tools at FxRevenues help traders make informed trading decisions.

21 different timeframes

FxRevenues offers 21 different time frames for price charts that help traders better understand the markets. Moreover, the FxRevenues trading platforms provide various technical indicators that help traders analyze the markets and make informed trading decisions.

Support for up to 100 charts simultaneously

The FxRevenues trading platforms support up to 100 charts simultaneously that help traders monitor the markets effectively. In addition, FxRevenues offers several order types that help traders manage their risks and take advantage of market conditions.

Available accounts on FxRevenues

FxRevenues offers six trading accounts that are:

Registration

The first account at FxRevenues is known as Registration, and the minimum deposit needed to open this account is $250. The Registration account offers mobile trading, secure ordering, and a wide range of education tools along with the feature of secure ordering. In addition, you get leverage of 1:200 along with access to basic training programs and educational sessions with a mentor. This FxRevenues account is ideal for beginners and those who want to learn more about trading.

Beginners

The second account type at FxRevenues is known as Beginners, and the minimum deposit amount is $2,500. With this account, you get mobile trading, responsive support, education tools, leverage of 1:200, access to complete training on advanced platform tools, a dedicated mentor, and basic strategies sessions. This account from FxRevenues is best suited for those new to trading and who want to learn more about the markets.

Intermediate

The third account at FxRevenues is Intermediate, and the minimum deposit to open this account is $20,000. This FxRevenue account gives you access to mobile trading, responsive support, education tools, leverage of 1:200, complete training on advanced platform tools, commodities special training, dedicated mentor, and advanced strategies sessions. The FxRevenues Intermediate account is best suited for those who are looking to get more exposure to the markets and want to learn more about advanced trading strategies.

Advanced

The fourth account at FxRevenues is Advanced, and the minimum deposit needed to open this account is $50,000. This advanced account gives you access to mobile trading, responsive support, education tools, leverage of 1:200, complete training on advanced platform tools, commodities special training, currencies special training, dedicated mentor, and advanced strategies sessions.

Professional

The professional account is designed for experienced traders who want to access all the features and benefits of the FxRevenues platform. The minimum deposit for this FxRevenues account is $100,000. With a professional account, you get access to mobile trading, secure ordering, responsive support, Islamic account, leverage of 1:200 (currencies), full training – advanced platform tools, commodities special training, currencies special training, indices special training, dedicated mentors and more.

Premium

The minimum deposit for this FxRevenues account is $100,000. In addition, this account gives access to mobile trading, secure ordering, special crypto training, a dedicated mentor, and several other important features that make the trading seamless and accurate.

VIP Exclusive

This account requires a minimum deposit of $1,000,000. In addition, this account gives access to exclusive market analysis, priority withdrawals, and a dedicated account manager. To open the VIP Exclusive account, you need to contact the customer support of FxRevenues.

How to open your trading account with FxRevenues

● Go to the broker's website and click the "Create Account" button.

● Fill in your details like name, email, phone number, etc.

● Select your account type, leverage, and deposit amount.

● Choose your payment type at FxRevenues and make a deposit.

● Start trading with FxRevenues.

FxRevenues customer support details

FxRevenues offers responsive customer supportwith 24/5 availability. In addition, the customer support team of FxREvenues can be reached through email and telephone.

• Phone: +18008478713
• Email: services_en@fxrevenues.com

Research tools at FxRevenues

FxRevenues offers a wide range of research tools and resources to help its clients make informed decisions. These tools make the overall trading experience more enjoyable and enable clients to trade confidently. Some of the research tools offered by FxRevenues include:

Economic Calendar

This calendar provides traders with upcoming economic events and releases that have the potential to impact the markets. The FxRevenues economic calendar is updated daily and includes all the major events worldwide.

Fibonacci Calculation

The Fibonacci calculation tool helps traders identify potential support and resistance levels in the market. This tool can be used in all time frames and is valuable to any trader's arsenal.

Pivot Calculation

The pivot calculation tool is another valuable addition to the FxRevenues research tools. This tool helps traders identify potential turning points in the market and can be used in all time frames.

Currency Forecast:

The currency forecast tool provides traders with the latest forecasts from leading banks and financial institutions. These forecasts can help traders decide which currencies to buy or sell.

Educational content available at FxRevenues

FxRevenues offers a wide range of educational content to help traders learn about the markets and improve their trading skills. Below are some of the essential educational resources available at FxRevenues:

Market News

The FxRevenues market news section provides traders with the latest news and updates worldwide. It is a valuable resource for any trader as it helps them stay up-to-date with the latest market developments.

Trading Glossary

The trading glossary is a comprehensive resource that provides traders with the definitions of all the terms used in the trading world. It is an invaluable resource for any trader, especially those new to the industry.

Video Academy

The FxRevenues video academy is an excellent resource for any trader who wants to learn more about the world of trading. The videos in this section cover various topics, from basic concepts to advanced strategies.

E-book Collection

The FxRevenues ebook collection is a great way for traders to learn more about the world of trading. The e-books in this section cover a wide range of topics, from basic concepts to advanced strategies.

Market Watch

The FxRevenues market watch tool enables traders to monitor all the major currency pairs in real-time. It is a valuable resource for any trader as it helps them stay on top of all the latest market developments.

FxRevenues broker in a nutshell

FxRevenues is an online broker offering a wide range of tradable instruments, including currencies, indices, cryptos, shares, and commodities. FxRevenues is based in St. Vincent & the Grenadines and offers leverage of up to 1:200. The minimum deposit is $250.

The broker does not offer a demo account but provides 24/5 customer support. FxRevenues is not publicly traded and does not mention the active client base. Overall, FxRevenues is a good broker with some great features, and they're gaining popularity among traders.

FAQs:

What is the minimum deposit at FxRevenues?

The minimum deposit is $250.

What is the maximum leverage offered by FxRevenues?

The maximum leverage offered by FxRevenues is 1:200.

Does FxRevenues offer a demo account?

No, FxRevenues does not offer a demo account.

Is FxRevenues a regulated company?

No, FxRevenues is not a regulated company yet. However, they operate with an offline license issued in St. Vincent & the Grenadines.

What are the deposit methods at FxRevenues?

The deposit methods at FxRevenues include bank wire transfer, credit/debit card, and e-wallets.

What are the withdrawal methods at FxRevenues?

The withdrawal methods at FxRevenues are the same as the deposit methods, including bank wire transfer, credit/debit card, and e-wallets.

How do I open an account with FxRevenues?

You can open an account with FxRevenues by visiting their website and filling out the registration form.

Does FxRevenues support MT4 & MT5?

No, FxRevenues only supports its proprietary trading platform.

What are the spreads at FxRevenues?

FxRevenues offers variable spreads to highly competitive traders.

What is the minimum trade size at FxRevenues?

The minimum trade size at FxRevenues is 0.01 lots.

How to contact FxRevenues customer support?

You can contact FxRevenues customer support through email or phone.

Does FxRevenues offer educational content?

Yes, FxRevenues offers its traders an extensive range of educational content that includes video tutorials, e-books, webinars, and more.

Can US residents open accounts at FxRevenues?

No, US residents cannot open accounts at FxRevenues as the company is not registered with the US regulatory bodies.

How can I change my password at FxRevenues?

You can change your password at FxRevenues by logging into your account and going to the 'Settings' tab. Then, click on the 'Change Password' option and enter your new password.

How many accounts does FxRevenues offer?

FxRevenues offers six accounts — Registration, Beginner, Intermediate, Advanced, Professional, and Premium.