FiatVisions Review

Home » Reviews » FiatVisions Review

Delving into the world of online trading, let’s begin our exploration with FiatVisions, an offshore broker that has been offering a range of trading services. This array of trading services includes diverse financial instruments, including forex, indices, commodities, and stocks. Operating from an offshore location, the company boasts a reputation for flexibility, cutting-edge research tools, a robust trading platform, and a vast portfolio of over 1,500 investment options. In this article, we will conduct a comprehensive evaluation of FiatVisions, covering key aspects such as regulation, platforms and tools, education, markets, accounts, and funding. Our objective is to provide you with an insightful and balanced assessment, aiding your decision on whether FiatVisions aligns with your trading requirements. Let’s delve into the details.

Summary

FiatVisions Review

FiatVisions, an online broker in operation since 2021, professes to offer trading services across various financial instruments including forex, indices, commodities, and stocks. Based in an offshore location, the company emphasizes flexible trading options, advanced research tools, a robust trading platform, and a substantial selection of over 1,500 investment choices. However, it’s crucial to exercise caution. Several aspects of FiatVisions cast doubts on its legitimacy and trustworthiness. Notably, the company lacks licensing from reputable financial regulators and is only registered in Mauritius, known for its loose oversight. Furthermore, key trading conditions such as spreads and leverage levels remain undisclosed, and there’s no provision for demo trials of its services. Proceed with caution when considering FiatVisions for your trading endeavors, and always prioritize due diligence when evaluating online brokers.

Our #1 Broker 2023

AvaTrade is an award-winning and multi-regulated broker offering a great selection of trading instruments including Forex, Cryptos, Stocks and Commodities. You can trade on all of your devices via user-friendly platforms with excellent trading conditions and no commission fees.

Between 74-89% of retail investor accounts lose money when trading CFDs with this provider.

TradeTrade

Regulation

Regulation plays a crucial role in upholding standards of conduct and ensuring trader protection in the financial industry. However, when examining FiatVisions, a neutral assessment reveals that the company does operate under the International Brokerage license No. T2023296 and is regulated by the Mwali International Services Authority (MISA).

However, it’s important to note that there have been concerns raised about the broker’s regulatory status. While FiatVisions does hold a license from MISA, it appears that this license may not be recognized by certain jurisdictions. Additionally, the Financial Conduct Authority (FCA) in the UK has issued a warning against FiatVisions due to suspicious trading activity, advising customers to exercise caution when dealing with the broker.

This situation raises questions about the legitimacy and effectiveness of FiatVisions’ regulatory oversight. Unlike brokers regulated by top-tier authorities like the FCA, ASIC, or CySEC, FiatVisions may not adhere to the stringent rules and regulations typically imposed by these respected regulators. Consequently, traders using FiatVisions may not have access to the compensation schemes or dispute resolution mechanisms offered by top-tier regulators.

Given these concerns, it’s prudent to approach trading with FiatVisions with a heightened awareness of the associated risks and uncertainties. There is no guaranteed assurance that the company will consistently act in the best interests of its clients or securely manage their funds, thus necessitating a cautious approach when considering this brokerage. Please see a list of regulated brokers for some alternative options

Platforms & Tools

FiatVisions extends a selection of platforms aimed at enriching the trading experience for its clients. Notably, the company has crafted its bespoke platform, FiatVisions Trade Online, accessible on desktop, web, and mobile devices. This platform boasts a user-friendly interface and a diverse array of trading indicators and tools.

FiatVisions Trade Online

In addition to this, FiatVisions equips its clients with valuable resources, such as daily market news videos, real-time interactive charts, and educational materials to facilitate informed decision-making and skill enhancement. Nevertheless, it’s worth noting that the absence of widely recognized platforms like MetaTrader 4 or MetaTrader 5 may limit options for traders with specific preferences. Moreover, FiatVisions does not offer the opportunity for traders to trial its platform through a free demo account, which could raise concerns regarding transparency and functionality. It’s advisable for potential users to carefully consider these factors when evaluating the platform’s suitability for their trading needs.

Education

FiatVisions offers a variety of resources to assist its clients in improving their trading skills and knowledge. These resources include:

• Daily Market News Videos: FiatVisions provides daily market news videos aimed at keeping traders informed about the latest trends and events in the financial markets. These videos offer valuable analysis and insights, helping traders make informed decisions.
• Real-time Interactive Charts: Traders can access real-time interactive charts through FiatVisions. These charts allow users to closely monitor the price movements of various instruments. Additionally, they can apply a range of indicators and tools to aid in their trading strategies.
• Trading Glossary: FiatVisions offers a trading glossary designed to clarify basic terms and concepts related to trading. This resource can be particularly helpful for those new to the world of trading.

However, it’s worth noting that FiatVisions does not provide additional educational materials such as e-books, webinars, courses, or tutorials. This limitation may impact the learning opportunities, particularly for beginners and intermediate traders seeking a more comprehensive educational suite. Additionally, the absence of evidence or samples of these educational resources on the company’s website may lead to questions about their quality and usefulness. Therefore, individuals considering FiatVisions should carefully assess the availability and depth of educational materials in relation to their own learning needs and preferences.

Markets

FiatVisions asserts its capability to facilitate trading services across a variety of financial instruments, which encompass forex, indices, commodities, and stocks. According to its official website, the company provides access to a substantial array of over 1,500 instruments, spanning different markets. It’s notable that FiatVisions accommodates trading in digital currencies like Bitcoin, Ethereum, and Litecoin. In terms of market offerings, FiatVisions includes the currencies market, featuring a portfolio of over 90 pairs for trading. The platform also permits leverage up to 1:200.

Additionally, FiatVisions extends its services to the global stock market, offering opportunities to invest in well-known companies across the world, particularly those within the technology, medical, and crypto sectors. The company suggests a growing list of stocks with notable price volatility. Within the equity indices market, traders can engage with various indices, tracking the price movements of constituent companies. Some popular indices, including NASDAQ 100 and CAC 40, are among the options, with FiatVisions mentioning that trading in indices can potentially diversify portfolios with reduced risk.

Lastly, FiatVisions includes the hard/soft commodities market, where traders can explore volatility in a burgeoning list of hard and soft commodities. Notably, the platform supports trading 24/5 on commodities like Gold, Oil, and various natural or agricultural products. It’s important to keep in mind that commodities often exhibit contrasting trends compared to stocks, which can introduce diversification into trading strategies.

Accounts

FiatVisions caters to its clients with a range of account types, tailored to individual trading preferences and experience levels. These account options encompass:

1. BEGINNERS Account: Designed for those starting out, this basic account necessitates a minimum deposit of $250. It offers traders a personal account manager, floating bid/ask difference, mobile trading, and access to a vast selection of over 1,500 instruments. However, it’s important to note that this account does not include fixed spreads, technical signals, access to the trading academy, or other benefits available with higher-tier accounts.
2. BASIC Account: The second account tier requires a minimum deposit of $5,000. It mirrors the features of the BEGINNERS account and adds access to daily market news videos and real-time interactive charts. Yet, like the previous account, it lacks fixed spreads, technical signals, access to the trading academy, and additional higher-tier benefits.
3. SILVER Account: For traders with a minimum deposit of $25,000, the SILVER account replicates the features of the BASIC account. It further introduces fixed bid/ask differences and daily technical signals. However, it does not provide access to the trading academy, premium customer support, or other benefits available with more advanced accounts.
4. GOLD Account: The GOLD account, accessible with a minimum deposit of $100,000, includes all features from the SILVER account. It also grants access to the trading academy and premium customer support. Nevertheless, it does not extend to VIP events or offer benefits exclusive to the highest-tier account.
5. VIP Account: FiatVisions’ most exclusive account type requires a substantial minimum deposit of $1,000,000. It encompasses all available features and benefits offered by the platform, including VIP events and invitations. However, it’s imperative to recognize that this account, while offering extensive privileges, involves the highest level of risk and uncertainty. There is no guarantee that FiatVisions will consistently prioritize the best interests of its clients or securely manage their funds.

Funding

FiatVisions provides multiple funding methods to its clients, including credit/debit cards, bank transfers, and e-wallets, offering flexibility in financial transactions. The company supports deposits and withdrawals in various currencies such as USD, EUR, GBP, and AUD, emphasizing a swift 24-hour transaction processing period without charging any fees or commissions for funding. However, certain key details remain undisclosed, including minimum and maximum transaction amounts, processing times, and specific security measures for each funding method. Notably, FiatVisions does not offer popular e-wallet options like PayPal, Skrill, or Neteller, which may limit convenience for some traders. Additionally, it lacks a refund policy or guarantees in case of disputes or funding-related issues. These considerations are essential for potential investors to be aware of when considering FiatVisions as their trading partner.

Conclusion

In summary, FiatVisions presents itself as an online broker offering trading services across a spectrum of financial instruments, including forex, indices, commodities, and stocks. The company places emphasis on flexible trading options, advanced research tools, a robust trading platform, and an extensive array of over 1,500 investment opportunities. Nevertheless, it’s prudent to acknowledge that, while FiatVisions provides compelling features, there are alternative brokers with more established track records that may warrant consideration. For a broader range of options, we invite you to explore our comprehensive trading broker reviews.

$5000

FiatVisions is an online broker that offer trading services in various financial instruments, such as forex, indices, commodities, stocks, and digital currencies.

Between 74-89% of retail investor accounts lose money when trading CFDs with this provider.

TradeTrade

About the Author

Trading Brokers
Trading Brokers is dedicated to bringing you unbiased broker reviews, the latest broker news and trading guides to help you along your trading journey. We have over 20 years of experience when it comes to trading online so we know what to look for.