For more information about FiatVisions Forex Broker company profile, come to WikiBit!
Business
License
FiatVisions is a relatively new player in the forex and CFD trading market, having been founded in 2021. The company aims to provide a comprehensive trading experience for clients, focusing on a diverse range of financial instruments and a robust proprietary trading platform.
FiatVisions operates under the ownership of Global Invest Ltd., a company that is registered and incorporated in the Comoros Union. This ownership structure allows FiatVisions to leverage the resources and expertise of its parent company while maintaining a focus on delivering high-quality trading services.
The headquarters of FiatVisions is situated in Fomboni, Island of Mohéli, Comoros Union. This strategic location enables the company to cater to a global clientele while remaining compliant with local regulations.
FiatVisions has positioned itself as a global broker, offering trading services to clients worldwide. With a diverse portfolio of over 1,500 financial instruments, including forex, stocks, indices, and commodities, it aims to meet the trading needs of both novice and experienced traders.
FiatVisions operates under the regulation of the Mwali International Services Authority (MISA) in the Comoros Union, holding license number T 2023296. However, it is important to note that it is not regulated by tier-1 regulatory bodies, which raises concerns regarding client fund protection and overall regulatory oversight.
Since its inception in 2021, FiatVisions has made significant strides in establishing itself in the trading industry. The launch of its proprietary trading platform and the introduction of multiple account tiers are among its key milestones.
FiatVisions has focused on expanding its offerings to attract a diverse range of traders. The introduction of various account types, catering to different investment capacities, reflects its commitment to accommodating traders with varying levels of experience and capital.
The company claims to have attracted over 10,000 clients within a short period of operation. This growth indicates a strong market interest and demand for its trading services.
FiatVisions has invested in developing a proprietary trading platform designed to provide an intuitive user experience and advanced analytical tools. However, the lack of a demo account has raised concerns among potential clients regarding the platform's usability.
While FiatVisions has positioned itself as a strong contender in the trading market, it has yet to receive significant industry awards or recognitions that would enhance its credibility further.
FiatVisions offers a variety of forex trading options, featuring over 90 currency pairs. This extensive selection allows traders to engage in both major and exotic currency trading, leveraging market volatility.
The broker provides access to global stocks, enabling clients to invest in popular companies across various sectors, including technology and medicine. This diversification can help traders mitigate risks associated with market fluctuations.
FiatVisions specializes in CFD (Contract for Difference) trading, allowing clients to speculate on price movements in various asset classes without owning the underlying assets. This includes options on indices, commodities, and stocks.
In addition to forex and stocks, FiatVisions offers trading in commodities, such as gold and oil. However, it currently lacks cryptocurrency trading options, which may limit its appeal to traders interested in digital assets.
FiatVisions provides several unique advantages, including a personal account manager for all clients, educational resources such as webinars and video courses, and daily trading signals. These features aim to enhance the trading experience and support clients in their trading journeys.
FiatVisions operates under the oversight of the Mwali International Services Authority (MISA). However, it is important to note that it lacks regulation from tier-1 authorities such as the FCA, ASIC, or CySEC, which raises concerns about its credibility and client protection.
FiatVisions is registered in the Comoros Union and operates under the legal entity Global Invest Ltd. This structure allows it to provide trading services while adhering to local regulations but may limit its accountability in more strictly regulated markets.
Due to the absence of tier-1 regulatory oversight, FiatVisions does not offer insurance under an investor compensation fund, which means client funds may not be protected in the event of the broker's insolvency.
FiatVisions serves clients globally, but it is crucial for potential clients to verify whether their country of residence is supported, as trading regulations may vary significantly across regions.
While FiatVisions claims to operate transparently, it has been flagged by regulatory bodies such as the FCA and ASIC for providing financial services without the necessary authorization. This compliance history raises red flags for potential clients.
FiatVisions operates in a competitive landscape that includes brokers such as Plus500, eToro, and IG Markets. These competitors have established reputations and a wider range of regulatory oversight.
FiatVisions positions itself as a broker catering to high-net-worth individuals and experienced traders, primarily due to its high minimum deposit requirements and the exclusive features offered at higher account tiers.
The primary differentiation factors for FiatVisions include its proprietary trading platform, the provision of personal account managers, and a wide array of educational resources. However, its lack of tier-1 regulation and high minimum deposit requirements may deter novice traders.
In conclusion, while FiatVisions presents a range of trading services and features aimed at experienced traders, potential clients should exercise caution due to its regulatory status and high minimum deposit requirements. Thorough research and consideration of alternative brokers with stronger regulatory oversight may be advisable for those new to trading or seeking a more secure trading environment.
For more information about FiatVisions, learn more.
Explore broker companies: forex/fx trading, investment, and global limited. Check company details.