FXView Account Types Available for South African Traders

Understanding FXView Account Categories in South Africa

Our company offers three main account types tailored for South African traders. Each category targets specific trading needs and capital levels. The Standard account delivers fixed spreads and is ideal for traders beginning their forex journey. The Raw ECN account grants access to the interbank market with variable spreads and direct liquidity. Islamic accounts follow Sharia law, removing swap fees for eligible clients.

We provide consistent leverage up to 1:500 on major currency pairs, with lower limits on less liquid and exotic pairs. These account types support a wide range of forex and CFD instruments, ensuring comprehensive market access.

All accounts offer access to the MetaTrader 4 platform, widely supported across devices. We ensure fast execution speeds and reliable order processing for South African users.

Standard Account Features for Beginners

The Standard account is designed for entry-level traders. It requires a $50 minimum deposit and features fixed spreads starting at 1.5 pips. This account offers over 60 currency pairs and supports automated trading using Expert Advisors. Execution speed averages 0.3 seconds, with no requotes on market orders.

Raw ECN Account Specifications

Raw ECN accounts provide direct market access with variable spreads from 0.0 pips. A commission of $3.50 per standard lot applies, charged separately on open and close trades. Trades execute with priority during volatile periods. Minimum trade size is 0.01 lots, and maximum position size reaches 100 lots per order.

Islamic Account Compliance and Benefits

Islamic accounts adhere to Sharia principles by eliminating swap charges on overnight positions. They require a $50 minimum deposit and feature fixed spreads from 1.8 pips. These accounts maintain the same leverage options and platform access as Standard accounts.

Opening Your FXView Account in South Africa

South African residents must provide valid identification during registration. Accepted documents include South African ID books, passports, and driver’s licenses. Proof of address is mandatory and must be recent, dated within three months of application.

The verification process usually completes within 24 hours. We may request additional paperwork for compliance purposes. Notifications regarding approval are sent by email and SMS.

• Valid South African ID or passport
• Recent utility bill or bank statement
• Completed online application form
• Digital photo for identity verification
• Employment verification letter when applicable

Document Submission Process

Upload documents securely via the FXView client portal. Scans must be in color with a minimum resolution of 300 DPI. Ensure documents are complete and all corners visible to avoid rejection. Our system automatically checks authenticity and flags unclear submissions.

Account Activation Steps

Once documents are verified, account activation starts immediately. Login credentials are sent to your registered email. You must change the initial password at first login. Funding the account activates trading capabilities.

Supported payment methods include credit cards, bank transfers, and e-wallets. Download the MetaTrader 4 platform from our website, install, and connect using your credentials.

MetaTrader 4 Platform Setup for South African Users

Our MT4 platform is compatible with Windows, Mac, Android, and iOS devices. We provide specific server addresses optimized for South African connections. Installation files require approximately 50MB of free storage.

Server uptime exceeds 99.9%. Updates apply automatically without user intervention. Technical support is available 24/5 during trading hours.

Installing MT4 on Desktop Computers

Download the installer from our platform page. Run with administrator rights and follow the prompts. After installation, open MT4 and choose “Login to Trade Account.” Enter your account number, password, and server address exactly as provided.

Mobile Trading Application Configuration

Download MetaTrader 4 from Google Play or Apple App Store. Search for FXView servers inside the app. Log in with your credentials and enable biometric security for ease of access. Configure chart settings and alerts to match your trading style.

Platform Features for Efficient Trading

MT4 supports one-click trading, multiple order types, and detailed charting. Real-time quotes and news feeds are integrated. Position synchronization across devices ensures seamless trading on desktop or mobile.

Deposit Methods Available in South Africa

We offer a variety of deposit options for South African traders. Credit and debit cards provide instant funding during business hours. Bank wire transfers take 1-3 business days to process.

Deposits can be made in USD, EUR, or ZAR. Currency conversions use interbank rates with no hidden fees. We collaborate with major South African banks to facilitate local transfers.

• Visa and Mastercard credit/debit cards
• Local bank wire transfers
• International wire transfers
• Electronic wallets for immediate processing
• Cryptocurrency deposits for advanced users

Credit Card Deposit Procedures

Access the Deposits section in your client portal. Select credit/debit card, then enter card number, expiry, and CVV. Transactions encrypt securely using 256-bit SSL. Deposits reflect in your account balance within minutes.

Bank Transfer Instructions

Locate our bank details under Deposits in your portal. Include your account number in the transfer reference. Notify our support team after initiating the transfer. Local transfers usually complete same day; international transfers require more time.

Trading Instruments and Market Access

FXView offers over 60 currency pairs including majors, minors, and exotics. We also provide CFDs covering indices and commodities with real-time pricing.

Our pricing sources include tier-1 liquidity providers, ensuring accurate and competitive quotes. We operate a no-dealing desk model, with orders filled at best available prices.

Currency Pair Selection Strategy

Major pairs such as EUR/USD and GBP/USD offer high liquidity and narrow spreads. These are suitable for traders focusing on predictable market behavior. Minor pairs require caution given wider spreads and lower liquidity. Exotic pairs, including USD/ZAR, reflect emerging market volatility, ideal for experienced traders with higher risk tolerance.

Market Session Timing

London session opens at 9:00 AM SAST, followed by New York at 3:00 PM. Asian markets operate from 2:00 AM local time. Trading activity peaks during London-New York session overlap, providing optimal liquidity and volatility. Markets close Friday 11:00 PM and reopen Sunday 11:00 PM SAST.

Risk Management Tools and Features

Our platform offers essential risk controls such as stop loss, take profit, and trailing stop orders. We provide real-time margin monitoring and alerts. Position sizing calculators assist in maintaining appropriate risk exposure.

Negative balance protection guarantees clients cannot lose beyond their deposits. Leverage limits enforce prudent risk management in volatile markets.

• Stop loss for limiting downside risk
• Take profit to secure gains
• Trailing stops that adjust dynamically
• Position size calculators for precise volume control
• Real-time margin and risk alerts

Stop Loss Order Implementation

Set stop loss levels when opening trades via MT4 order window. Stops trigger at market price once reached. Our system monitors these continuously, ensuring automatic execution without delay. Guaranteed stop losses are available on premium accounts for fixed price execution, subject to additional fees.

Margin Requirements and Monitoring

Margin calculations depend on leverage and instrument traded. Available margin updates with every price tick. Margin calls trigger at 50% equity level; automatic position liquidation occurs below 20%. We recommend keeping buffers to avoid forced closures during volatile periods.

Customer Support Services in South Africa

Support is accessible Monday through Friday during market hours. We offer assistance in English via live chat, email, and telephone. Dedicated phone lines serve South African clients directly.

Our team handles technical issues, account inquiries, and trading assistance promptly. Average response time is under 30 minutes during peak hours.

Technical Support Capabilities

We assist with MT4 installation, configuration, and troubleshooting. Remote desktop support is available for complex issues. A comprehensive knowledge base and video tutorials support self-service learning.

Account Management Assistance

Our team aids in selecting suitable account types and optimizing settings. We guide clients through deposit and withdrawal processes. Document verification support accelerates account activation. Personalized service is offered for high-volume traders.

Regulatory Compliance and Security Measures

FXView operates under strict regulatory frameworks to protect clients and ensure transparency. Client funds are segregated in tier-1 South African and international banks. We adhere to anti-money laundering and data protection standards.

We never share client data with unauthorized entities. Platform updates include latest security patches. Our infrastructure is continuously monitored for threats.