FiatVisions was established in 2021 and is currently offering its users flexible leverage, plenty of tradable assets, and free educational resources. Sounds good? Just wait until you read our full FiatVisions review.
Below, we cover all of the above in greater detail and plenty more. We begin by talking you through the new customer experience and site usability, move swiftly onto platforms, payments, and fees, before finishing off with any additional comments, a closer look at regulation, and the kind of support you can expect to receive.
If you’ve made your way over from our FXRevenues review in the hopes of uncovering a new customer offer, you are going to be left fairly disappointed. Thankfully, the new customer experience will be more than enough to help give this FiatVisions review a quick boost.
New customers will instantly be greeted by a rotating banner of current market prices, key areas of the site neatly identified at the top of the page, alongside the chance to open an account. On initial viewing, there is nothing too out of the ordinary here and we were pleased to see that the registration process followed suit.
As a new trader, you will need to click Open Account. This will open a completely new page that will require you to input some basic details, select your preferred currency, insert your promotional or referral code, and click register. Next, traders will need to pass KYC and AML checks to ensure they are who they say they are. Once confirmed, traders will be ready to select their account and consider making their first deposit at FiatVisions.
Now you know how to successfully sign yourself up, it’s time to make your way around the site and get used to the FiatVisions trading platform.
Based on our latest FiatVisions review, we would feel confident in suggesting that most traders will feel happy using the site and will find all relevant tabs within a few clicks. The overall site design is fairly basic; however, this is exactly what you need from a broker. All text is clear, easy to read, and kept simple, meaning nothing is ever lost in translation. White, green and grey is primarily used across the site, creating a stylish and modern look throughout.
We cover the trading platform in greater detail later on in our FiatVisions review; however, we feel it is worth mentioning that the mobile app is exceptionally responsive and deals with the demands of trading very well. Trades are executed promptly, markets load swiftly, and there are plenty of tools to help with charting and plotting.
At the time of conducting our latest research into FiatVisions, we noted that five accounts were currently available for traders to choose between. The various perks of each of the five accounts have been detailed extensively below.
- Beginners: Will instantly have access to a personal account manager, mobile trading, and floating bid/ask difference. The beginner account also requires a £5000 deposit to be made.
- Basic: Should traders be in a position to deposit £25,000, they will unlock all of the above perks, plus the chance to make use of daily technical signals.
- Silver: A minimum deposit of £100,000 will present traders with full access to the FiatVisions trading academy alongside all that has been mentioned in the basic account.
- Gold: All gold account members will need to deposit a minimum of £250,000; however, they will then receive a trial period to the event room, alongside all perks noted from beginners to silver.
- VIP: Finally, for a minimum of £1,000,000, account holders can receive the full FiatVisions trading experience. This includes webinars, video courses, VIP services, and much more.
It is also worth us noting that any accounts that have been sedentary for a year and hold less than £100 will be closed down. All other sedentary accounts will be charged an inactivity fee.
We have now reached an all-important section of our FiatVisions review, where we focus on the trading platforms provided. Often, especially from such a newcomer to the industry, we would expect to be discussing the MetaTrader 4 or 5. However, FiatVisions clearly has its visions set on becoming an industry leader and has created its very own trading platform. So, how does it compare?
In honesty, very well! We were shocked at just how user-friendly and straightforward the trading experience was at FiatVisions, despite having so many assets to choose from. The design allowed us to quickly identify the types of markets we wished to review, including currencies, stocks, indices, digital currencies and commodities, while the raw pricing and multiple execution modes ensured we entered the market on our terms at the best prices.
Regardless of whether we made use of the WebTrader, desktop, or iOS and Android mobile applications, we were able to actively trade in the markets and make use of the various charting tools.
When it comes to funding your FiatVisions trading account, you can use Visa, Mastercard, e-wallets, or Bitcoin. Traditional methods will naturally be deposited instantly and minimum requirements will vary, as per the details mentioned in the accounts section of our latest FiatVisions review.
Making a deposit is exceptionally straightforward. Simply head to the deposit section of your account, choose your preferred method, input relevant details, and submit. It is worth noting that the base currency used is USD and withdrawals must be made using the same method chosen for your deposit.
Fees: Adapted slightly based on your account
In this next section of our FiatVisions review, we quickly noticed that fees would vary depending on the account type chosen. While this is fairly common across the online trading world, we would have liked to have access to more information before signing up and selecting our account.
Depending on your chosen account, you may be subject to overnight fees, varied spreads, and you are likely to have an annual interest rate of 4% added to your account, too. Although no additional charges are added to your deposits and withdrawals, it is worth discussing with your personal account manager the finer details surrounding fees to ensure you know exactly what you are signing up to.
The overall FiatVisions experience and rating was taken up a notch when we opted to put their customer support to the test. As we made clear in our Maxiwyse review, customer support is a critical component of our broker reviews and helps us separate the best from the rest. After all, when your capital is at risk, you need to ensure that your chosen broker can get you back up and running pronto!
Based on our recent FiatVisions review, this is exactly what the support team behind FiatVisions was able to do. Traders can locate the help centre by clicking support on the homepage. Once loaded, traders will be able to select whether they wish to get in contact with the team via telephone, email, or live chat.
We found that live chat and telephone were the two simplest ways to get answers to any queries. However, any difficult questions may be better suited to an email, where you can add further evidence and attachments. Generally, emails were responded to within 24 hours and we found agents to be both polite and knowledgeable.
This all-important section of our FiatVisions review is dedicated to regulation and security. Now, although FiatVisions doesn’t currently hold a license from top regulators, such as the FCA, it is fully regulated by the FSC in Mauritius.
In turn, you can expect FiatVisions to adhere strictly to the KYC and AML processes, keep client funds in a segregated account, and be completely transparent with any terms and conditions, execution, refund, and privacy policies.
The latest encryption data is also used across the site, alongside reputable deposit methods, meaning any transactions made at FiatVisions will be impenetrable to any third party attacks. Clearly, there is no need to worry, whether FiatVisions is reliable when it comes to looking after your personal and financial details!
This penultimate section of our FiatVisions review is a great place for our experts to highlight the great work that this young and exciting broker has already achieved. Not only have they managed to create a reliable cutting-edge platform that accommodates all kinds of traders, assets, and tools, but they have also provided complete access to some fantastic educational tools and resources for budding traders.
The education centre is home to brilliant detailed articles that highlight the importance of strategies, discuss tradable assets in greater detail, and shine light on the trading world and its terminology. Depending on the account chosen, traders can also enjoy expert-led webinars and additional resources that will help to bolster even the most experienced of traders and investors knowledge!
Unfortunately, it is important for us to note that FiatVisions is not available to those in Iraq, North Korea or the United States.
There is little doubt in the minds of us here at TradersBest.com that FiatVisions is one for the future. Although, having said that, we believe we have solid ground to suggest FiatVisions is also one for now!
Backed by the FSC in Mauritius, you can be confident that your trading journey is backed by a legitimate license and regulated accordingly. Trader safety is further cemented by fantastic security protocols, processes, and encryption technology.
Beyond security, you can make use of the impressive FiatVisions trading platform online, via the mobile app, or through the desktop download, Once you’ve made use of the educational resources, built your strategies, and reviewed your research, you can trade currencies, stocks, indices, digital currencies and commodities with low-latency at FiatVisions.
We would consider leverage to be fairly flexible, too, allowing certain traders to leverage at 1:400. Although, it does depend on which of the five accounts you have opted to open!