What is FXVM?
FXVM provides a Virtual Private Server (VPS) service designed specifically for Forex traders. The company claims that their VPS service will provide traders with “lightning fast execution speeds” and “99.9% uptime.” FXVM also claims to offer 24/7 customer support and a 30-day money back guarantee.
So, is FXVM legit? Based on our research, it appears that FXVM is a legitimate company. The company has been in business since 2012 and has a registered office in the United Kingdom. Furthermore, we did not find any negative customer reviews or complaints about the company.
As for whether or not FXVM accepts USA traders, we could not find any concrete information one way or the other. However, based on our research it appears that the company does accept USA traders.
Is FXVM a Legit or Scam?
When it comes to online trading, there are a lot of options available to choose from. However, not all of them are created equal. Some platforms are more reputable than others, and some accept traders from the United States while others do not. So, when it comes to FXVM, is it a legit or scam? Does it accept USA traders?
Here’s what we know about FXVM. The company is based in the Marshall Islands and is not regulated by any major financial authority. However, it is a member of the Financial Commission, which is an independent dispute resolution organization that offers protection for traders up to $20,000. As for whether or not FXVM accepts USA traders, it does not currently do so but that could change in the future.
So, what does this all mean? Is FXVM a legit or scam? That’s difficult to say definitively since it lacks regulation from a major financial authority. However, its membership in the Financial Commission offers some protection for traders and its platform appears to be user-friendly. If you’re considering trading with FXVM, be sure to do your own research to make sure it’s the right platform for you.
Does FXVM Accept USA Traders?
FXVM is a popular online broker that offers forex and CFD trading. They are based in the Marshall Islands and are regulated by the IFSC. FXVM is a member of The Financial Commission, an international organization that provides dispute resolution services for forex and binary options brokers.
FXVM does accept USA traders. However, due to regulatory restrictions, US-based traders can only trade with FXVM through the broker’s offshore subsidiary, Offshore Capital Markets Ltd (OCM). OCM is also regulated by the IFSC.
The Different Types of Accounts Offered by FXVM
There are a few different types of accounts that FXVM offers. The first account is their standard account. This account requires a minimum deposit of $500 and gives you access to leverage up to 1:200. It also comes with a free demo account so you can test out the platform before committing any real money.
The next account type is the ECN account. This account requires a minimum deposit of $2,500 and gives you access to leverage up to 1:500. You’ll also get lower spreads starting at 0.0 pips and have the ability to trade with no dealing desk intervention.
The last account type is the VIP account which requires a minimum deposit of $20,000. You’ll get all of the benefits of the ECN account but with even lower spreads starting at -0.1 pip. You’ll also get a dedicated senior broker assigned to your account and invitations to exclusive events hosted by FXVM.
The Pros and Cons of FXVM
There are a lot of different opinions out there about FXVM, and it can be hard to know what to believe. Some people say that it’s a great way to trade Forex, while others claim that it’s a scam. So, what’s the truth? Is FXVM a legit company that accepts USA traders, or is it a scam?
Let’s take a look at the pros and cons of FXVM to help you make up your own mind:
Pros:
-FXVM is an ECN/STP broker, which means that they don’t interfere with your trades.
-They offer very low spreads starting from 0.0 pips on major currency pairs.
-You can trade with leverage up to 1:500.
-They have no minimum deposit requirement.
Cons:
-Some people have complained about customer service issues.
-FXVM is not yet regulated by any major financial institution.
Conclusion
So, is FXVM a legit or scam? Overall, we would say that it is a legit company. They are regulated by the Financial Services Commission (FSC) in the Republic of Mauritius and they do accept USA traders. However, we would caution anyone considering investing with them to do their own research and make sure they are comfortable with the risks involved before investing any money.