FxRevenues Review: Key Features, Pros, and Cons

FxRevenues overview

FxRevenues is among the newest players in the online brokerage industry, having been founded in 2022. The company is headquartered in St. Vincent & the Grenadines and offers its services to clients worldwide.

The broker provides access to various financial markets, including forex, indices, cryptos, shares, and commodities. In addition, FxRevenues clients can trade using the proprietary trading platform, which is available for desktop and mobile devices.

One of the critical features of FxRevenues is that it offers multiple base currencies to its clients, which is not a common feature among many online brokerages. As a result, it allows traders to choose the most comfortable currency when trading. They also provides 24/5 customer support to its clients.

Moreover, the minimum deposit at FxRevenues is $250, and the maximum leverage is 1:200. Crypto trading is also available at FxRevenues. The broker offers many cryptos, including Bitcoin, Ethereum, Litecoin, and Ripple.

FxRevenues broker does not have a regulatory license from reputed authorities, but they operate on an offline permit in St. Vincent & the Grenadines. However, they have implemented all the modern security and data protection features to safeguard clients' funds and information. Overall, they are a new but promising brokerage offering its clients a wide range of features and services.

FxRevenues safety details

As mentioned, FxRevenue broker is about to receive their license, but they are already implementing all the modern security features. So, it is evident that the company is earnest about protecting its clients' funds and information.

FxRevenues has implemented SSL encryption on its website, ensuring that all the data transmitted between the client and the server is protected from third-party interference. Moreover, to promote a safer trading experience, the broker keeps its clients' funds in a segregated account that is not leveraged for any other purpose. In this case, the clients' funds will not be affected even if the broker platform goes bankrupt.

FxRevenues also has a strict anti-money laundering policy that requires all clients to go through the KYC process before clients are allowed to trade. Overall, the broker has taken all the necessary steps to ensure the safety of its clients' funds and information.

In addition, the deposit and withdrawal methods are also secured with industry-leading security protocols. You will get the exact security implementation on the FxRevenues mobile platforms, similar to their web trading tool. Overall, the security system is robust, and the broker offers a safe trading environment for its clients.

FxRevenues fees information

FxRevenues does not charge for deposits or withdrawals done on the platform. However, your bank or payment processor may charge a fee for these transactions. In addition, the broker has not disclosed any inactivity fee details that a trader needs to pay if they do not trade for a certain period. The other fee that they charge is the spread, which is the difference between an instrument's bid and asking prices.

FxRevenues offers tight spreads on major forex pairs, and the exact spread limit is not disclosed on the website. But you can contact customer support to know more about the spreads.

In addition, FxRevenues also charges a swap fee that you need to pay when you hold a position overnight. The swap fee is calculated based on the interest rate differential between the two currencies involved in the trade. Again, you need to contact the FxRevenues team to know more about the swap fee calculations, as it's essential to know this fee percentage.

FXRevenues also offers swap-free Islamic accounts in which no swap fees are charged. In this case, the broker will charge a fee instead of the swap fee. This account is suitable for Muslim traders who follow Sharia law.

Spreads fee information

In trading, brokers earn money through spreads and fees charged on trades. The spread is the difference between a currency pair's bid and the price. For example, if the EUR/USD bid price is 1.1050 and the asking price is 1.1051, then the spread would be one pip.

FxRevenues offers very competitive spreads to its clients. The average spread on EUR/USD is not mentioned, but they've stated that it is highly competitive. Before starting your trading journey, you must know about the fees charged by your broker.

Swap fee information

A trader must pay a swap fee when holding an open position overnight. A swap is the interest rate difference between the two currencies involved in a currency pair. The swap fee is calculated based on the size of the position and the number of days the position is held open.

As the swap fee is variable depending on the currency pair and position size, it's recommended that you contact FxRevenues customer support for more information on the swap fees. Of course, the lower the swap fee, the better it is for the trader.

Deposit and withdrawal options at FxRevenues

FxRevenues is among the emerging brokers that offer a variety of deposit and withdrawal methods to its clients. You can fund your account using credit/debit cards, bank wire transfers, or e-wallets like Neteller, Skrill, and UnionPay. The minimum deposit amount is $250, and the transaction is processed instantly.

Regarding withdrawals, the broker allows you to withdraw your money using the same methods mentioned above. The withdrawal process is also quite fast, with most transactions being processed within 24 hours. However, depending on your withdrawal methods, it takes around 5-7 days for the money to reach your account.

They also does not charge any deposit or withdrawal fees, and there are no hidden charges. Overall, the broker provides a smooth and convenient experience regarding funding and withdrawing from your account.

In addition, as FxRevenues is compliant with AML and KYC policies, you will be required to submit your identity and address proof before starting trading. This additional layer of security gives clients peace of mind that their funds are safe with the broker. The deposits and withdrawals methods are secured with the latest SSL encryption technology, and 2-factor authentication is also available for an additional layer of security.

FxRevenues also has a dedicated FAQ section and customer support regarding deposit and withdrawal issues. FxRevenues customer support dedicated to transactions is available 24/5 via email and phone.

Tradable markets at FxRevenues

FxRevenues offers you an extensive list of tradable markets covering 1500+ instruments. The main markets you can trade are forex, commodities, indices, shares, and cryptos. FxRevenues has something for everyone, whether you are a beginner or an experienced trader.

If you're a forex trader, you'll be happy to know that they offers over 50 currency pairs for trading. You can trade the major, minor, and exotic currency pairs. The spreads are competitive, and the commissions are also razor-thin. Some popular pairs that you can trade at FxRevenues include EUR/USD, GBP/USD, USD/JPY, and AUD/USD.

The broker also offer a good selection of commodities for trading. You can trade popular commodities such as gold, silver, oil, and natural gas. The spreads on commodities are also quite competitive.

In addition to forex and commodities, you can also trade various indices at FxRevenues. Some popular indices available for trading include S&P 500, Dow Jones, Nasdaq 100, and FTSE 100. The spreads on indices are also quite reasonable.

If you're interested in trading shares, FxRevenues has you covered there. You can trade various popular shares, including those of Apple, Amazon, Facebook, and Google. Moreover, the commissions on share trading are pretty reasonable.

Last but not least, FxRevenues also offers cryptocurrencies for trading. You can trade Bitcoin, Ethereum, Litecoin, and Ripple. The spreads on cryptos are also quite reasonable.

Overall, FxRevenues offers a good selection of tradable markets for its clients. So no matter what your trading interests are, you'll be able to find a market to trade.

The overall CFD trading experience is quite good. The forex broker offers a wide range of tradable markets, competitive spreads, and reasonable commissions. The proprietary trading platform is also user-friendly and provides all the features and tools traders need to succeed.

Leverage details at FxRevenues

The maximum leverage offered by FxRevenues is 1:200. It is relatively high when compared to other online brokerages. Regardless of the account type, the maximum leverage limit remains unchanged. With this leverage of 1:200, if you have $350 in your trading account, you can place trades worth up to $70,000.

This high leverage at FxRevenues can be both an advantage and a disadvantage for traders. It is advantageous because it allows traders to amplify their gains from successful trades. However, it is also a disadvantage because it can amplify losses from unsuccessful trades. But, having the flexibility to choose your leverage levels is a good feature offered by FxRevenues.

FxRevenues trading platforms

Regarding FxRevenues trading platforms, the broker offers a proprietary trading platform that is available for both desktop and mobile devices. Their trading platform is user-friendly and provides all the features and tools that a trader needs to succeed in the financial markets. Regarding FxRevenues mobile trading, the apps are available for both Android and iOS platforms. Let's look at all FxRevenues trading platforms:

Web trading platform

The FxRevenues web trading platform is available for all desktop devices and can be accessed directly from the broker's website. The platform is user-friendly and provides a wide range of features and tools to help traders be successful in the financial markets. You get access to advanced trading tools like market analysis, an economic calendar, and a live news feed. You can create multiple watchlists and customize the platform to suit your trading style.

In addition, the FxRevenues web trading platform is available in various languages, including English, Spanish, French, and German.

Mobile trading platforms

If you wish to trade markets from your mobile device, FxRevenues has you covered with its mobile trading apps. The broker offers apps for both Android and iOS devices.

The FxRevenues mobile trading app is user-friendly and provides all the features and tools available on the web trading platform. You can access your account, manage your positions, and place trades from the palm of your hand. First, let's look at some features of the brokers' trading platform:

Robust analysis tools

FxRevenues provides a wide range of analysis tools to help you make informed trading decisions. The broker's trading platform includes market analysis, an economic calendar, and a live news feed.

21 different timeframes

FxRevenues provides 21 different timeframes, which is more than most brokerages offer. It lets you browse the markets and make informed decisions. In addition, these timeframes help traders with different trading styles to be successful in the markets.

Support for up to 100 charts

The FxRevenues trading platform allows you to have up to 100 charts open simultaneously, a handy technical analysis feature. In addition, these charts are available in multiple timeframes.

Available accounts on FxRevenues

FxRevenues offers six trading accounts:

Registration

You can start your trading journey with the Registration account of FxRevenues with a minimum deposit of $250. This account offers you variable spreads and a leverage of 1:200. In addition, you get access to features like secure ordering, responsive customer support, extensive education tools, and sessions with a mentor. This account is ideal for beginner traders.

Beginners

The FxRevenues beginner account comes with a minimum deposit requirement of $2500. This account is best suited for those new to online trading who want to learn about the markets without risking too much capital. The key features of this account include 24/5 customer support, multiple base currencies, leverage of 1:200, and complete training on the advanced platform tools. Moreover, you also get a dedicated trading mentor to help you with your trades, and you also get access to basic strategies sessions.

Intermediate

The minimum deposit for the Intermediate account is $20,000. In addition, the trader will get a dedicated account manager, full training on the advanced platform tools, and access to special commodities training.

In addition, you get leverage of 1:200 along with full-fledged advanced strategies sessions to enhance your trading skills. You can also opt for a FxRevenues Islamic account with the Intermediate offering. This account is ideal for experienced traders who are looking for full-featured trading.

Advanced

The minimum deposit for the Advanced account is $50,000. It comes with all the features of the Intermediate account plus additional benefits like 24/5 responsive customer support, a dedicated mentor, and complete training on market events. This FxRevenues account is best suited for professional traders looking for a complete package of trading services. Moreover, you also get an Islamic account option with the FxRevenues Advanced account.

Professional

The Professional account is available for a minimum deposit of $100,000 and includes all the Advanced account features plus different market events and private strategy sessions. This account is best suited for high-volume traders looking for a complete suite of trading services. Moreover, you also get a swap-free account option with the FxRevenues Professional account in which you pay commission instead of swap charges.

Premium

The Premium account is available for a minimum deposit of $500,000, and it gives you all the Professional account features plus access to exclusive market analysis and a personal relationship manager. This account is best suited for institutional traders or high-net-worth individuals looking for a complete package of trading services.

VIP Exclusive

The VIP Exclusive account is available by invitation only, and it gives you all the Premium account features plus a dedicated team of analysts and a personal broker. This account is best suited for high-net-worth individuals or institutional traders looking for the highest level of trading services. The minimum deposit for the FxRevenues VIP Exclusive account is $1,000,000.

How to open a trading account with FxRevenues:

Follow these quick steps to open a FxRevenues account:

1. Go to their website and click on the 'Open Trading Account' button.
2. Fill out the online form with your details.
3. Choose your account type and upload the required documents.
4. Deposit funds into your account and start trading.

Customer support information

FxRevenues offers quick customer support with 24/5 availability. Moreover, the customer support team of FxRevenues can be reached through phone and email.

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

Research tools

FxRevenues offers a comprehensive set of research and analysis tools to its clients. The broker's website has an Economic Calendar, a valuable tool for traders who want to stay updated with the latest economic movements. There is also a Market News section on the website, which provides the latest updates from the world of finance. Let's look at all research tools from FxRevenues:

Economic Calendar

It is a valuable tool that helps traders stay updated with the latest economic events. The calendar lists major upcoming events, including central bank meetings, GDP releases, and inflation data.

Fibonacci Calculation

The Fibonacci calculation tool allows traders to calculate the Fibonacci retracement and extension levels for any given asset. This tool is ideal for traders who use Fibonacci trading strategies.

Pivot Point Calculator

A pivot point calculator is a valuable tool that helps traders calculate the support and resistance levels for any given asset. This tool is ideal for traders who use pivot point trading strategies.

Currency Forecast

The currency forecast tool lets traders see the latest currencies' predictions. This tool is based on technical analysis and is ideal for traders who want an idea of where the market is heading.

FxRevenues offers its clients a wide range of research and analysis tools, which is a significant advantage. Both beginner and experienced traders can use these tools to gain insights into the market and make informed trading decisions.

Educational content

FxRevenues offers its clients a wide range of educational content, an excellent way for new traders to learn about the financial markets and trading. The educational content at FxRevenues includes:

Market News

FxRevenues provides daily market news to its clients so they can stay up-to-date with the latest developments in the financial markets. The news section covers all the major asset classes, including forex, cryptos, stocks, and commodities.

Trading Glossary

FxRevenues has a comprehensive trading glossary covering all-important trading terms and concepts. It is an excellent resource for new traders who want to learn about the financial markets.

Video Academy

The Video Academy at FxRevenues contains a wide range of video tutorials covering all aspects of trading. The videos are suitable for both beginner and experienced traders.

E-book Collection

FxRevenues has a collection of e-books covering a wide range of trading topics. These e-books are a great way for new traders to learn about the financial markets and trading.

Market Watch

The Market Watch section at FxRevenues provides real-time quotes for all the major asset classes. It is an excellent tool for traders who want to stay up-to-date with the latest market prices.

Review of FxRevenues in Conclusion

FxRevenues is a genuine emerging brokerage headquartered in St. Vincent & the Grenadines. FxRevenues provides access to a wide range of markets, including forex, indices, cryptos, shares, and commodities. In addition, the broker offers multiple base currencies to its clients and provides 24/5 customer support. Overall, FxRevenues is a promising brokerage offering its clients a wide range of features and services.

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 is 1:200.

Does FxRevenues offer a demo account?

The broker does not offer a demo account at the moment.

Is FxRevenues a regulated company?

They do not have a regulatory license from reputed authorities, but they operate on an offline permit in St. Vincent & the Grenadines.

What are the deposit methods at FxRevenues?

FxRevenues offers multiple deposit methods, including credit/debit cards and wire transfers.

What are the withdrawal methods at FxRevenues?

FxRevenues offers multiple withdrawal methods similar to deposits, including credit/debit cards and wire transfers.

How do I open an account with FxRevenues?

You can open an account with them by filling out the online form on their website.

Does FxRevenues support MT4 & MT5?

No, they do not support MT4 or MT5.

What are the spreads at FxRevenues?

The spreads are variable and competitive.

What is the minimum trade size at FxRevenues?

The minimum trade size is 0.01 lots.

How to contact FxRevenues customer support?

Their customer support can be contacted via phone or email.

Does FxRevenues offer educational content?

Yes, FxRevenues offers its clients a wide range of educational content, including webinars, video tutorials, and eBooks.

Can US residents open accounts at FxRevenues?

No, US residents are not accepted.

How can I change my password at FxRevenues?

You can change your password by logging into your account and going to the "Settings" tab.

How many accounts does FxRevenues offer?

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