Fiatvision is a broker that offers online trading and investing services for various markets, such as currencies, stocks, indices, digital currencies and commodities. Fiatvision claims to have a state-of-the-art platform that provides fast execution, raw pricing, market depth and a range of tools and indicators. Fiatvision also boasts of having more than 10,000 happy investors from over the world and a customer support team that is available 24/5.
Regulation and security
Fiatvision is operated by Fiatvisions Ltd., a company registered in Saint Vincent and the Grenadines with registration number 26087 BC 2021. The broker does not provide any information about its regulation or license on its website, which is a red flag for me. Saint Vincent and the Grenadines is a popular offshore destination for brokers who want to avoid strict regulatory oversight and offer high leverage and bonuses to their clients. However, this also means that there is no guarantee of fund safety, compensation scheme or dispute resolution mechanism for traders who use these brokers.
Trading conditions and products
Fiatvision offers access to over 1,500 instruments across various markets, including forex, stocks, indices, digital currencies and commodities. The broker does not disclose its spreads, commissions or fees on its website, which makes it hard to compare its trading costs with other brokers. The broker also does not provide any information about its account types or minimum deposit requirements. The only thing I could find was that the broker offers a VIP account for clients who deposit at least $1 million.
Fiatvision claims to offer leverage up to 1:400 on its platform, which is very high and risky. High leverage can amplify both profits and losses, and expose traders to margin calls and liquidation. The broker also offers bonuses and promotions to its clients, such as a 100% welcome bonus, a loyalty program and a referral program. However, these bonuses usually come with strict terms and conditions that limit the withdrawal of profits or funds.
Fiatvision provides its clients with a web-based trading platform that can be accessed from any browser or device. The platform has a simple and intuitive interface that allows traders to open and manage trades across all markets. The platform also has various features such as:
Fiatvision claims to have a customer support team that is available 24/5 via phone, email or live chat. However, I could not find any contact details on the website, except for a generic email address. The broker also does not have any social media presence or online reviews from other clients. This makes me doubt the quality and reliability of its customer service.
Fiatvision also does not offer any educational resources or materials for its clients. The only thing I could find was a daily market news video that provides some analysis of the market trends and opportunities. However, this video is only for educational purposes and does not constitute any investment advice or recommendation.
Fiatvision is a broker that offers online trading and investing services for various markets. However, the broker is not regulated or licensed by any reputable authority, which raises serious concerns about its legitimacy and security. The broker also does not provide any information about its trading conditions or products, which makes it hard to evaluate its competitiveness and transparency. The broker does offer a state-of-the-art web-based trading platform with various features, but this may not be enough to outweigh the risks involved. Therefore, I would not recommend Fiatvision to anyone who is looking for a reliable and trustworthy broker.
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