Namibian Dollar Forex Trading Accounts
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FXView Review
FXView is an international broker that offers comprehensive educational material and technical indicators to Ghanaians. FXView is known for its fair trading conditions and flexible leverage ratios that allow traders to boost their position sizes.
- Lesche Duvenage
Jump to:
Overview
Regulation and Safety of Funds
Awards and Recognition
Account Types and Features
Account Registration
Broker Comparison
Trading Platforms
Range of Markets
Fees
Deposit and Withdrawals
Education and Research
Bonuses and Promotions
Affiliate Programs
Customer Support
Social Responsibility
Final Verdict
Pros and Cons
FAQ
Overall Rating
- 4.1/5
Min Deposit
USD 50
Regulators
CySEC, FSCA
Trading Desk
MT4, MT5, ActTrader
Crypto
Yes
Islamic Account
Yes
Trading Fees
Low
Account Activation Time
24 Hours
Overview
Founded in 2009, FXView is a global forex and CFD brokerage firm known for fair trading conditions and technological innovations. As part of the Finvasia Group, FXView aims to make top-notch trading accessible to big institutions and individual investors.
Furthermore, FXView has received regulatory approval from organizations like CySEC, FSCA, FSC, and SEBI, demonstrating its commitment to upholding industry standards.
Operating in over 180 countries, FXView tailors its services to meet various client needs, making it valuable for Ghanaian traders seeking a broker familiar with local market dynamics.
One notable feature for Ghanaian traders is the introduction of multi-currency accounts, which reduces currency conversion fees.
In addition, FXView offers a wide range of trading assets, platforms like MetaTrader 4, MetaTrader 5, and ZuluTrade, and educational resources for both beginners and experienced traders.
With no inactivity fees, FXView is an attractive choice for Ghanaian traders seeking flexibility and a comprehensive trading environment.
What benefits does FXView provide in terms of customer service compared to competitors?
FXView offers multilingual customer support around the clock, guaranteeing that Ghanaian traders receive focused and helpful assistance whenever needed.
How do FXView’s educational materials compare to those provided by competitors?
FXView provides extensive training materials, including webinars, video tutorials, and market insights, to help Ghanaian traders get the information and abilities they need to navigate financial markets efficiently.
FXView at a Glance
| 📊 Year Founded | 2009 |
| ⚖️ Regulation | CySEC, FSCA, FSC, SEBI |
| 🏛 Ease of Use Rating | 4/5 |
| 💰 Bonuses | Yes, 100% deposit bonus, loyalty program, referral bonus |
| 🌎 Support Hours | 24/5 |
| 📱 Trading Platforms | Trading Platforms ActTrader, MetaTrader 4, MetaTrader 5, ZuluTrade |
| 📈 Account Types | Zero Commission, Raw ECN, Premium ECN |
| 💰 Base Currencies | EUR, USD, GBP, AUD, CAD, ZAR |
| 📊 Starting spread | 0.0 pips |
| 📊 Leverage | 1:500 |
| ✔️ Currency Pairs | Currency Pairs 70; major, minor, and exotic pairs |
| 💳 Minimum Deposit (GHS) | 660 GHS ($50) |
| 📉 Inactivity Fee | None |
| 📱 Website Languages | English, Spanish, Chinese, Arabic, Vietnamese, German |
| 💰 Fees and Commissions | Spreads from 0.0 pips; commissions from $1 per 100,000 USD traded |
| ✔️ Affiliate Program | Yes |
| 🔎 Banned countries | United States, North Korea, Sudan, Cuba, Myanmar, India, Syria, and others |
| 📉 Scalping | Yes |
| 📈 Hedging | Yes |
| 📉 Dedicated Ghana Account Manager? | No |
| 💻 Tradable Assets | Forex, commodities, cryptocurrencies, indices, stocks |
| 👉 Open Account | 👉Open Account |
Regulation and Safety of Funds
Regulation in Ghana
FXView is not currently regulated by the Bank of Ghana (BoG). However, FXView’s global regulations are listed in the table below.
Global Regulations
| 📱Registered Entity | 🌎Country of Registration | ✔️Registration Number | 🔎Regulatory Entity | 📊Tier | 💳License Number/Ref |
| FXView Europe under Charlgate Limited | Cyprus | 372060 | CySEC | 1 | 367/18 |
| Finvasia Securities Private Limited | India | INZ000176037 | SEBI | 4 | Reg. INZ000176037 |
| Finvasia Capital Ltd | Mauritius | – | FSC | 4 | IK21000018 |
| Orivest Proprietary Limited | South Africa | 2018/30345/07 | FSCA | 2 | FSP50410 |
Protection of Client Funds
| 🔎Security Measure | 📱Information |
| Segregated Accounts | Yes |
| Compensation Fund Member | No |
| Compensation Amount | None |
| SSL Certificate | Yes |
| 2FA (Where Applicable) | Yes |
| Privacy Policy in Place | Yes |
| Risk Warning Provided | Yes |
| Negative Balance Protection | Yes |
| Guaranteed Stop-Loss Orders | No |
How does FXView secure my funds?
FXView safeguards customer assets via advanced security measures, such as segregated accounts and membership in a compensation fund that guarantees deposits up to $20,000.
Can Ghanaian traders trust FXView with their money?
Yes, FXView’s compliance with many regulatory criteria establishes it as a reliable platform for Ghanaian investors.
Awards and Recognition
According to an in-depth analysis of the FXView website, we found the following awards and recognition:
- During the UF Awards Global, FXView was awarded as the “Best Global Broker” in 2023.
- In 2023, FXView was awarded the “Best Multi-Asset Broker” during FMAS 2023.
- FXView was recognized as the “Best ECN/STP Broker” during the 2023 UF Awards MEA.
- During the Forex Expo in Dubai, FXView was declared the “Best CFD Broker” of 2023.
- In 2022, FXView won the “Most Trusted Broker” award during the Ultimate Fintech Awards.
FXView Account Types
| 💻 Live Account | 📉 Minimum Dep. | 👉 Open Account | 💻Platforms | 💸 Leverage |
| ➡️Zero Commission | 660 GHS | 👉Open Account | All | Up to 1:500 |
| ➡️Raw ECN | 660 GHS | 👉Open Account | All | Up to 1:500 |
| ➡️Premium ECN | 66,200 GHS | 👉Open Account | All | Up to 1:500 |
Zero Commission Account
The FXView Zero Commission Account is a cost-effective option for Ghanaian traders, offering a clear cost structure with only spreads applied.
This account allows traders to use leverage of up to 1:500 and trade various assets, catering to new and experienced traders. It requires a modest deposit of 660 GHS to start trading forex, reducing the need for large upfront investments.
The account supports different base currencies, including the Ghanaian Cedi, reducing currency conversion risks. Additionally, it protects traders from negative balances, which is crucial for beginners learning trading and risk management.
Raw ECN Account
The FXView Raw ECN Account is a professional option that offers low spreads starting at 0.0 pips and a modest $2 commission per $100,000 traded per side.
Furthermore, the Raw ECN Account is ideal for experienced Ghanaian traders who want quick access to market prices and leverage up to 1:500 across different assets, potentially saving on transaction costs.
Premium ECN Account
The FXView Premium ECN Account is another professional trading option for Ghanaian traders with high volumes. It offers sophisticated spreads and a reduced commission rate of $1 per $100,000 traded per side.
Furthermore, with leverage of up to 1:500, this account allows strategic trading and caters to larger-scale traders with advanced trading needs. However, Ghanaians should note that this account requires a higher minimum deposit of 66,200 GHS.
Demo Account
The FXView Demo Account is a risk-free platform for Ghanaian traders, offering $100,000 in virtual funds for 30 days. It simulates real-market conditions, making it valuable for beginners and experienced traders.
In addition, the FXView demo helps you practice forex trading, understand market movements, and refine strategies before real trading, making it an educational tool for both beginners and experienced traders.
Islamic Account
FXView Islamic Account is a swap-free option that adheres to Sharia law, making it suitable for Muslim traders in Ghana. It allows overnight positions without a swap fee, after which a fixed charge is applied per lot.
Furthermore, this account demonstrates FXView’s commitment to inclusivity and respecting different religious beliefs.
What account types does FXView provide for Ghanaian traders?
FXView provides three major account types: zero commission, raw ECN, and premium ECN, to meet the different trading demands of Ghanaian traders.
What is the primary difference between FXView’s Zero Commission and Raw ECN accounts?
The Zero Commission account just charges spreads, but the Raw ECN account offers spreads as low as 0.0 pips and a commission of $2 for $100,000 transacted.
How to open a FXView Account – Step by Step
To register an account with FXView, follow these steps:
Step 1 – Go to the website and select “Open an Account”.
Go to FXView’s official website and click the “Register” or “Open an Account” option.
Step 2 – Complete the online application and registration
Fill out the registration form with your personal information and set a strong password.
To comply with the KYC and AML regulations, submit copies of your valid government-issued ID (passport, driver’s license, or national ID) and a recent utility bill or bank statement for address verification.
Wait for FXView to complete the verification process, which usually takes a few hours.
Step 3 – Verify your account
- Once validated, log in to your client site, choose a deposit method, and follow the prompts to fund your account. Ghanaians can easily deposit funds in GHS using International Bank Transfers, typically completed in 7 working days.
- Select the amount you want to deposit and follow the steps as prompted.
- After financing, choose your chosen trading platform from the available alternatives, such as ActTrader, MetaTrader 4 or 5. Ghanaians can also participate in social trading using FXView’s integration with ZuluTrade.
- To access your preferred trading platform, enter the login information supplied by FXView.
Can Ghanaian traders create numerous accounts with FXView?
Yes, Ghanaian traders can establish numerous accounts with FXView to separate funds for various trading methods or reasons.
Can Ghanaian traders begin trading immediately after creating an FXView account?
Ghanaian traders can begin trading immediately after finishing the account opening process and financing their account.
Broker Comparison
| 🥇 FXView | 🥈 FBS | 🥉 IC Markets | |
| ⚖️ Regulation | CySEC, FSCA, FSC, SEBI | IFSC, CySEC, ASIC, FSCA | ASIC, CySEC, FSA, SCB |
| 📱 Trading Platform | • MetaTrader 4 • MetaTrader 5 • ActTrader | • FBS Trader • MetaTrader 4 • MetaTrader 5 | • MetaTrader 4 • MetaTrader 5 • cTrader |
| 💰 Withdrawal Fee | No | Yes | None |
| 📊 Demo Account | Yes | Yes | Yes |
| 📈 Minimum Deposit | 671 GHS ($50) | 67 GHS ($5) | 2,690 GHS ($200) |
| 📊 Leverage | 1:500 | Up to 1:3000 | 1:1000 |
| 📊 Spread | From 0.0 pips | From 0.7 pips | 0.0 pips |
| 💰 Commissions | From $1 per lot | $0 | From $3 to $3.5 |
| ✴️ Margin Call/Stop-Out | 70%/50% | 30%/ 10% | 100%/50% |
| 💻 Order Execution | ECN | Market | Market |
| 💳 No-Deposit Bonus | No | No | No |
| 📊 Cent Accounts | No | No | No |
| 📈 Account Types | • Zero Commission • RAW ECN • Premium ECN | Retail Account | • cTrader Account • Raw Spread Account • Standard Account |
| ⚖️ BoG Regulation | No | No | No |
| 💳 GHS Deposits | Yes | No | No |
| 📊 Ghana Cedi Account | No | No | No |
| 👥 Customer Service Hours | 24/5 | 24/7 | 24/7 |
| 📊 Retail Investor Accounts | 3 | 1 | 3 |
| ☪️ Islamic Account | Yes | Yes | Yes |
| 📉 Minimum Trade Size | 0.01 lots | 0.01 lots | 0.01 lots |
| 📈 Maximum Trade Size | 100 lots | 500 lots | Unlimited |
| 💰 Minimum Withdrawal Time | 1 day | 15 minutes | Instant |
| 📊 Maximum Estimated Withdrawal Time | 1 day | Up to 7 days | Up to 14 business days |
| 💸 Instant Deposits and Instant Withdrawals? | Yes, deposits | Deposits | Yes |
FXView Deposit & Withdrawal Options
| 💳 Payment Method | 🌎 Country | 💴Currencies Accepted | ⏱️Processing Time |
| 💰Bank Transfer (international) | All | AED, AUD, BBD, BGN, BHD, CAD, CHF, CZK, DKK, EUR, GBP, GHS, HKD, HRK, HUF, ILS, JPY, KES, MWK, MXN, NOK, NZD, OMR, PHP, PKR, PLN, QAR, RON, RUB, SAR, SEK, SGD, THB, TND, TRY, TTD, UGX, USD, ZAR, ZMW | 1 – 7 days |
| 🪙 Local Bank Transfer | All | USD, EUR, GBP, AUD, CAD, ZAR | 1 working day |
| 💳 Visa and MasterCard | All | USD, EUR, GBP, AUD, CAD, ZAR | Instant |
| 🪙 Help2Pay | All | USD, EUR, GBP, AUD, CAD, VND, IDR, THB, PHP, MYR | Instant |
| 💸Skrill | All | EUR, USD, GBP, AUD, ZAR, CAD | Instant |
| 🪙Neteller | All | EUR, USD, GBP, AUD, ZAR, CAD | Instant |
| 💳 Cryptocurrencies | All | BTC, USDT, ETH, USDC | Instant |
Deposits
How to Deposit using Bank Wire Step by Step
✅Make a wire transfer from your bank account to FXView using the account information available in your client portal.
✅Choose GHS from the list of supported currencies and enter the amount you want to deposit according to your account type. Be mindful that deposit limits might apply.
✅Include the reference number or transaction ID from FXView to verify that the deposit is properly linked to your trading account. Note that international deposits from Ghana through bank transfer might take a few days.
How to Deposit using Credit or Debit Card Step by Step
✅Log onto your FXView client portal and go to the deposit area.
✅Select a credit or debit card from the list of deposit possibilities.
✅Enter the needed card information, including the card number, expiration date, CVV, and the amount you want to deposit.
✅Follow the on-screen instructions to confirm and finish the transaction.
How to Deposit using Cryptocurrency Step by Step
✅Choose the cryptocurrency you want to deposit from the FXView client site.
✅Copy the unique wallet address supplied by FXView for your desired coin.
✅Execute a transfer from your cryptocurrency wallet to the FXView wallet address, making sure to transmit the proper type of coin.
✅Deposits may require confirmation on the cryptocurrency network before they appear in your FXView account.
How to Deposit using e-Wallets or Payment Gateways Step by Step
✅In the FXView client interface, choose your favorite e-wallet or payment gateway provider from the list of possibilities.
✅You will be routed to the login page of the selected e-wallet or gateway to authorize the transaction.
✅Confirm the deposit amount and finish the transfer according to the e-wallet or payment gateway instructions; usually, such deposits are handled fairly instantly.
Withdrawals
How to Withdraw using Bank Wire Step by Step
✅Submit a withdrawal request using the FXView customer interface, then pick the bank wire transfer option.
✅Provide accurate bank account information for where you want the funds deposited.
✅Specify the amount you want to withdraw and submit your request.
How to Withdraw using Credit or Debit Cards Step by Step
✅Use the FXView client interface to request a withdrawal to your credit/debit card; remember that withdrawals are often limited to the amount previously placed with the same card.
✅Choose the card you want to withdraw to and enter the amount, which should be within the limitations of what was originally deposited using the card.
✅Complete the request.
How to Withdraw using Cryptocurrency Step by Step
✅Make a withdrawal at the FXView client portal by selecting the crypto withdrawal option.
✅To avoid issues, accurately provide your crypto wallet address.
✅Enter the amount you want to withdraw and complete the transaction, and remember that cryptocurrency withdrawals require network confirmation.
How to Withdraw using e-Wallets or Payment Gateways Step by Step
✅Select an e-wallet or payment gateway from the list of withdrawal choices on the FXView client portal.
✅Input the account information for the e-wallet or payment gateway where you want to withdraw funds.
✅Specify the withdrawal amount and submit your request.
Does FXView set any withdrawal limitations for Ghanaian traders?
No, FXView does not impose withdrawal limitations for Ghanaian traders, enabling them to take funds as needed, subject to available balances and any relevant withdrawal costs.
What are the withdrawal processing timelines for Ghanaian traders on FXView?
For Ghanaian traders, withdrawals on FXView are processed within 1-2 business days; however, the actual time it takes to receive funds will vary based on the withdrawal method used and the destination bank.
FXView Trading Platforms and Software
ActTrader
ActTrader by FXView is a user-friendly platform for Ghanaian traders, offering customizable workspaces and innovative ‘IFO’ charts.
Its focus on trader-centric solutions aligns with FXView’s focus on diverse order types and risk management tools. The platform’s transparent fee structure and tight spreads provide a clear pricing environment, making it beneficial for traders starting with limited capital.
MetaTrader 4
MetaTrader 4 (MT4) is a popular online trading platform in Ghana, particularly through FXView. Its reliability, competitive spreads, technical analysis tools, and no-commission account options make it appealing to both beginners and experienced traders.
Ghanaian traders can use MT4’s advanced charting capabilities and FXView’s zero inactivity fee policy, promoting patience and patience-based trading.
MetaTrader 5
MetaTrader 5 (MT5), available through FXView, is a cutting-edge trading platform offering access to 70 currency pairs and stocks. Its advanced analytical tools and swift execution speeds make it ideal for Ghanaian traders seeking to capitalize on fast-moving markets.
Furthermore, MT5’s increased pending order types and depth of market feature reflect FXView’s focus on cost-effectiveness and technological excellence, making it an attractive choice for traders.
ZuluTrade
ZuluTrade is a social trading platform in Ghana that allows traders to interact with a global community of experts and follow or copy their trades.
Furthermore, ZuluTrade is ideal for those who do not have time for complex strategies but want to benefit from seasoned traders’ expertise.
FXView’s inclusion of ZuluTrade complements its commitment to providing flexible trading solutions. It provides democratized access to trading strategies and insights, making it valuable for forex and CFD markets.
Can Ghanaian traders use the FXView trading platform on mobile devices?
Yes, FXView’s trading platforms are mobile-friendly for Ghanaian traders, allowing them to trade on the road with smartphones and tablets.
Can Ghanaian traders use third-party trading platforms using FXView?
Yes, Ghanaian traders can benefit from the numerous features and tools provided by third-party platforms, namely ZuluTrade, ActTrader, MT4, and MT5.
Trading Instruments & Products
FXView offers the following trading instruments and products:
- Forex – FXView offers Ghanaian traders access to 70 currency pairs, including major, minor, and exotic. It provides ample opportunities to participate in the global forex markets, known for their high liquidity and accessibility.
- Stocks – FXView provides Ghanaian traders with 392 stocks to invest in global companies and industries, expanding their investment options beyond traditional forex trading.
- Cryptocurrencies – FXView caters to Ghanaians’ growing interest in digital currency trading by trading in 5 cryptocurrencies, offering a gateway to the volatile yet potentially lucrative crypto market.
- Commodities – FXView allows traders to trade in 5 commodities, diversifying investment strategies and serving as a hedge against inflation or currency devaluation, especially in Ghana’s economic conditions.
- Indices – FXView provides 11 indices for Ghanaian traders to speculate on various market sectors and top company stocks, offering a broader investment perspective considering macroeconomic factors.
Are there any limits on trading certain instruments for Ghanaian traders on FXView?
No, FXView does not place special limits on trading instruments for Ghanaian traders, giving them access to a wide choice of markets and assets.
Are there any restrictions on leverage while trading forex on FXView for Ghanaian traders?
FXView provides extensive leverage choices for Ghanaian forex traders, with leverage ratios of up to 1:500 accessible depending on the product and account type.
Spreads and Fees
Spreads
FXView offers Ghanaian traders a competitive edge with its tight spreads, starting at 0.0 pips on certain currency pairs. This strategy caters to various trading strategies, from quick scalping to longer swing trading.
Furthermore, FXView’s approach supports precise trading, allowing traders to profit from even small price movements. This is crucial in the unpredictable forex market, making it an ideal choice for traders of all levels.
Commissions
FXView offers a transparent commission structure for traders in Ghana, ensuring a clear understanding of their trading costs. The Premium ECN account charges a flat $1 per $100,000 traded, while the Raw ECN account charges a $2 commission per side for the same volume.
Overall, this fee structure helps traders by making trading costs more predictable and manageable, especially in Ghana, where currency value preservation is crucial.
Overnight Fees
FXView charges swap fees for forex trading positions held open overnight, with the first three nights exempted for Islamic Account users.
Traders should note that these fees can impact the cost-effectiveness of long-term trading strategies. Therefore, Ghanaian traders should plan accordingly, considering FXView’s policy on holding positions open after the trading day closes.
Deposit and Withdrawal Fees
FXView offers a cost-efficient deposit and withdrawal process without any internal fees, benefiting Ghanaian traders mindful of transaction costs. This fee structure is particularly beneficial for traders with limited capital in Ghana who want to maximize every Cedi deposited or withdrawn.
Inactivity Fees
FXView’s policy does not impose inactivity fees on dormant accounts, benefiting Ghanaian traders who may be cautious and wait for market conditions. This policy eliminates the pressure of accruing costs during inactive periods, allowing traders to operate according to their strategies.
This benefits Ghanaian traders who prefer long-term strategies stretching over days and even years.
Currency Conversion Fees
FXView charges currency conversion fees for Ghanaian traders who conduct transactions in a different currency from their account’s base currency.
These fees are calculated based on exchange rates and are crucial for trading operations’ profitability. Ghanaian traders should be aware of these fees to effectively manage their funds and minimize financial impacts from currency conversions.
Do spreads change for the various account types accessible to Ghanaian traders on FXView?
Yes, spreads on FXView vary significantly between account categories, with premium accounts often offering narrower spreads and other perks to Ghanaian traders.
Can Ghanaian traders get a complete summary of spreads and fees on the FXView website?
Yes, FXView’s website includes a comprehensive summary of spreads, commissions, and other trading charges, guaranteeing Ghanaian traders have complete insight into the cost of trading.
Leverage and Margin
FXView is a forex trading broker that offers a unique leverage system tailored to Ghanaian traders’ trading preferences and risk management strategies.
The FXView system adjusts leverage levels based on the total volume of open positions, allowing traders to access higher leverage for smaller positions and enhancing the potential for trade profit.
Furthermore, this feature is particularly beneficial for Ghanaian traders with limited capital who still want to maximize their opportunities in the forex market.
As traders increase their position sizes, the leverage automatically decreases, promoting responsible trading practices in the volatile forex market.
FXView also offers significant leverage for commodities like gold, with a maximum of 1:500 for positions up to 10 lots, gradually decreasing with larger positions.
In addition, the broker also follows a dynamic leverage model for stocks, cryptocurrencies, and cryptocurrencies, with steady leverage of 1:10 for volatile cryptocurrencies.
Overall, FXView’s policy of only requiring margin for the net open position in hedged trades adds another layer of flexibility, enabling strategic investment management.
How does leverage influence Ghanaian traders’ margin on FXView?
Higher leverage levels reduce margin requirements for Ghanaian traders on FXView, allowing them to manage larger positions with a lesser initial capital outlay.
Can Ghanaian traders alter their leverage levels on the FXView platform?
Yes, Ghanaian traders on FXView’s platform can alter their leverage levels within the permissible range, allowing them to tailor their trading strategy and risk choices.
10 Best Forex Brokers in Ghana for 2024
Rank
Broker
Review
Regulators
Min Deposit
Official Site
Educational Resources
FXView’s FAQs section provides quick answers to common queries, allowing traders in Ghana to access information on services, account management, and trading conditions without disrupting their trading activities.
Market Holidays
FXView provides Ghanaian traders with a clear list of Market Holidays, enabling them to plan trading strategies and avoid unexpected market gaps or reduced trading opportunities by being aware of non-trading days.
The Learn segment
FXView’s Learn segment provides educational materials and tools for traders, enhancing their knowledge and skills. It covers a wide range of topics for beginners and advanced traders, promoting continuous professional development in trading.
Market News
FXView provides real-time financial updates for traders in Ghana, providing insights into global economic events and geopolitical developments.
This information is crucial for developing responsive trading strategies in a market highly sensitive to external influences, as it helps traders stay informed about local and international trades and geopolitical changes across various time zones.
Forex Glossary
FXView’s Forex Glossary is a comprehensive resource for Ghanaian traders, simplifying the complex language used in forex trading. It provides a comprehensive list of trading terms, enabling traders to navigate financial markets confidently.
This knowledge is crucial for Ghanaian traders, as it helps them make informed decisions and communicate effectively within the global trading community.
Video Tutorials
FXView’s Video Tutorials provide a visually engaging learning experience for both novice and experienced traders in Ghana, covering a wide range of trading concepts and strategies, from basic principles to advanced technical analysis, facilitating a progressive learning curve.
Webinars
FXView offers interactive webinars led by industry experts and traders, providing Ghanaian traders with insights into trading strategies and market analysis. These sessions offer direct engagement and query resolution, enhancing traders’ trading skills and knowledge.
Market Insights
Market Insights provides Ghanaian traders valuable insights into market trends and movements, enabling them to make informed trading decisions by understanding the underlying factors driving market changes, going beyond standard news updates.
Can Ghanaian traders use FXView’s educational materials for free?
Yes, all of FXView’s educational materials and resources are free for Ghanaian traders, allowing them to improve their trading skills without incurring additional costs.
Are FXView’s teaching resources appropriate for traders of all experience levels in Ghana?
Yes, FXView’s educational materials and tools are designed for traders of all skill levels in Ghana, from beginners to expert traders, with information customized to different learning requirements and preferences.
Bonuses and Promotions
During our evaluation of FXView’s offerings for traders in Ghana, we found that the broker provides a range of bonuses and promotions designed to enhance the trading experience.
FXView offers a 100% deposit bonus, which allows Ghanaian clients to double their trading capital with their initial deposit. We believe this is especially advantageous for traders wishing to enhance their market positions without immediately escalating their risk.
In addition, FXView has implemented a Loyalty Program to reward traders based on their trading activity. This program provides advantages such as reduced spreads and commission rebates, resulting in substantial long-term savings on trading expenses.
We consider these features crucial for traders who engage in frequent transactions and strive to optimize their profits by efficiently managing costs.
The Referral Bonus is an impressive promotion that motivates traders to introduce new clients to FXView.
Participating in this program rewards both the referrer and the referred clients with a bonus, which helps foster the expansion of the trading community in Ghana.
This can be particularly beneficial in a market as socially connected as Ghana, where peer recommendations hold significant sway over a trader’s decisions.
Overall, we believe that FXView’s strategic approach to bonuses and promotions aligns perfectly with the Ghanaian forex market, offering enticing incentives for traders of all levels to enhance their trading strategies and contribute to the growth of the forex industry.
How can I qualify for a deposit bonus in Ghana?
You must open an account, verify your identification, and pay an initial minimum deposit as determined by FXView.
Can I use my referral incentive more than once in Ghana?
Yes, Ghanaian traders can receive the referral incentive several times when introducing new clients to FXView.
How to Register an Affiliate Account with FXView Step-by-Step
Ghanaians can partner with FXView by following these few steps:
Step 1: Look for the “Partners” area
Start by going to the FXView website and go to the ‘Partners’ section.
Step 2: Clicking on the ‘Refer Now’
Click the ‘Refer Now’ button to access the online application form.
Step 3: Click “Open Your Account”
- Provide the necessary personal information, such as your full name (According to your Ghanaian ID), contact information, and preferred language.
- Provide your Ghanaian identification details for verification and compliance with local regulations.
- Provide an overview of your marketing strategy and the channels you plan to use, such as social media or personal networks, to attract potential traders.
- Please ensure that you carefully review and accept the terms and conditions of the affiliate program, which have been specifically designed to cater to the needs of various markets. You must fully comprehend your rights and responsibilities under these terms.
Step 4: Confirmation Email
- Once you’ve submitted your application, wait for a confirmation email from FXView. This email will provide detailed instructions on how to establish your affiliate account.
- After your affiliate application approval, you can log in to your new affiliate account. From there, you’ll have access to a wide range of promotional materials and be able to track your referral progress easily.
Affiliate Programs
Features
We thoroughly evaluated FXView’s affiliate program and identified a promising opportunity for Ghana traders to diversify their income sources.
This program incentivizes affiliates to attract new clients to FXView’s trading platform. One of its standout features is the highly competitive commission system, which enables affiliates to generate substantial income from the trading activities of clients they refer.
In Ghana, forex trading is becoming increasingly popular, with significant potential for market growth.
In addition, FXView provides affiliates with a wide range of marketing materials and tools specifically designed to appeal to the Ghanaian audience, simplifying the process of attracting new clients.
Furthermore, we found that the program offers live monitoring of referrals and commissions, allowing affiliates to monitor their earnings and adjust their strategies as needed closely.
The affiliate program offers a support system with dedicated account managers who are available to address any queries or concerns. This level of individualized support is essential in Ghana, as it can have a substantial impact.
Overall, the affiliate program provided by FXView presents an enticing chance for Ghanaian traders who wish to utilize their network within the forex community.
How can I join the FXView affiliate program in Ghana?
Ghanaian traders can sign up on the FXView website by completing the affiliate application form and waiting for approval.
What are the advantages of the FXView affiliate program for Ghanaians?
Benefits include competitive commissions, marketing tools, and specialized assistance, which increase the possibility of earning through referrals.
FXView Customer Support
| ☎️ Telephonic Support | Yes |
| 🗺️ Operating Hours 24/5 | 24/5 |
| 👛 Support Languages | Multilingual |
| 📙 Live Chat | Yes |
| 🎓Email Address | Yes |
| 📍 The overall quality of FXView Support | 4/5 |
FXView Social Responsibility
FXView does not have any active CSR projects.
Our Recommendations on FXView
Based on our comprehensive review, we can make the following recommendations on how FXView can improve its offer:
- FXView can localize its customer support to ensure that Ghanaians can receive assistance in languages they understand, including Ga and Twi.
- FXView can integrate payment methods like MTN MoMo and Airtel Money to provide Ghanaians with flexible and local options for deposits and withdrawals.
FXView Pros & Cons
| ✔️ Pros | ❌ Cons |
| Ghanaians can choose from three flexible accounts that feature competitive trading conditions | FXView does not offer a GHS-denominated account |
| FXView is well-regulated and licensed in several regions globally, making it a safe broker for Ghanaians | Currency conversion fees apply to GHS deposits and withdrawals |
| There are competitive zero-pip spreads charged on major instruments, making FXView ideal for scalping | The flexible and dynamic leverage system might be confusing to beginners |
| There are three powerful and feature-rich main platforms offered across devices | Bank transfers to and from Ghanaian bank accounts can take extremely long |
| Ghanaians can participate in social trading using the integration of ZuluTrade | FXView is not locally regulated in Ghana |
| Traders can deposit and withdraw funds in GHS using bank transfers |
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Conclusion
According to our findings, FXView is a robust platform for Ghanaian traders, offering dynamic leverage, a wide range of trading options, and strict compliance with international regulations.
Furthermore, FXView charges tight spreads and transparent fees and offers educational resources for beginners and experienced traders.
However, our research shows that Ghana’s lack of local regulatory oversight may cause some traders to hesitate. Furthermore, the dynamic leverage system requires a deep understanding, which may be challenging for less experienced traders.
Regardless, we found that FXView’s security measures provide trust and safety in digital trading, including fund segregation, compensation funds, and advanced encryption.
However, in our experience, currency conversion fees and withdrawal delays are also important considerations. Despite these challenges, we can conclude that FXView is a competitive broker prioritizing transparency, trader education, and a secure trading environment.
Our Insight
My research has shown that traders who are looking for a tradeable platform will commend FXView for focusing on lower costs, and comprehensive trading capabilities combined with a robust regulatory framework.
Frequently Asked Questions
Can I access the FXView trading platforms from Ghana?
Yes, FXView’s trading platforms, including ActTrader, MetaTrader 4, MetaTrader 5, and ZuluTrade, are completely accessible to Ghanaian users.
Where is FXView based?
FXView is currently headquartered in Cyprus, with an international presence.
How does FXView support Ghanaian traders interested in Islamic finance?
FXView caters to Ghanaian traders who want to follow Islamic finance principles by providing a swap-free and Sharia-compliant Islamic Account.
What is FXView’s minimum deposit?
FXView’s minimum deposit for traders starts from 660 GHS for the Zero Commission and RAW ECN accounts.
Are FXView’s trading times suitable for Ghanaian time zones?
Yes, the forex market is open 24 hours a day and 5 days a week, but peak activity can fluctuate.
Does FXView provide accounts in Ghana Cedi?
No, while FXView offers several base currency alternatives, the Ghanaian Cedi is unavailable as a base currency, necessitating conversions from supported currencies such as USD or EUR.
How long does FXView’s withdrawal take?
Withdrawals at FXView are normally handled within one business day. However, because Ghanaians might use Bank Transfers to withdraw funds in GHS, withdrawals can take several working days.
Does FXView have any limits on trading size or frequency for Ghanaian clients?
No, FXView’s trading limitations on position sizes apply to traders across all locations, depending on the instrument and account type.
Is FXView a safe broker?
Yes, FXView is an extremely safe broker for Ghanaians despite its lack of local regulation. Instead, FXView is regulated by top entities like FSCA and CySEC, with licenses in several regions globally.
What can I trade with FXView?
You can trade various financial markets, including forex pairings, equities, commodities, indices, and cryptocurrency.
Can I use common Ghanaian payment options with FXView?
Yes, you may utilize bank transfers to deposit and withdraw money in GHS. However, FXView does not accept common Ghanaian payment options like mobile money solutions.
FXView User Comments and Reviews
We found the following customer reviews on popular and reputable websites regarding FXView: