Overview of Fiovation
Fiovation, registered in the United Kingdom, is an online trading platform aimed at providing traders with access to various financial instruments. Traders can explore a diverse range of tradable assets, including stocks, indices, commodities, trading currencies, and cryptocurrencies, all available through the ХCritical platform. Fiovation offers a selection of account types tailored to different trading preferences and experience levels, ranging from Starter to VIP accounts. However, its lack of regulation may pose risks to traders, requiring careful consideration before engaging in trading activities.
Is Fiovation Legit？
Fiovation is not regulated. It's crucial to highlight that Fiovation lacks valid regulation, indicating it operates without supervision from established financial regulatory bodies. Traders should approach with caution and be mindful of the associated risks when contemplating trading with an unregulated broker like Fiovation. These risks may include limited recourse for dispute resolution, potential concerns regarding the safety and security of funds, and a lack of transparency in the broker's operations. It's recommended for traders to conduct thorough research and carefully assess the regulatory status of a broker before initiating any trading activities to safeguard their interests and ensure a more secure trading experience.
Pros and Cons
Fiovation presents traders with a diverse range of trading instruments, catering to varied investment preferences. Additionally, the platform offers multiple account types, providing traders with flexibility to choose an option that aligns with their trading needs and experience levels. Moreover, Fiovation provides 24/7 customer support, ensuring assistance is readily available to traders around the clock. However, it's important to note that Fiovation operates without regulatory oversight, potentially exposing traders to risks associated with unregulated trading environments. Furthermore, the platform lacks clarity regarding crucial information such as leverage, spreads, and commissions, hindering traders from making well-informed decisions. Additionally, the absence of comprehensive educational resources limits traders' opportunities for learning and skill development. Overall, while Fiovation offers trading opportunities, traders should exercise caution due to the lack of regulatory supervision and limited support and educational resources provided by the platform.
Trading Instruments
Fiovation offers a diverse array of trading instruments across multiple asset classes, encompassing stocks, indices, commodities, trading currencies, and cryptocurrencies.
Account Types
Fiovation offers a range of account types tailored to accommodate varying trading preferences and experience levels.
The starter account is accessible with a minimum deposit of $250, providing traders with access to trading instruments such as currency and cryptocurrency, along with commodities.
Moving up the ladder, the silver account requires a minimum deposit of $3001 and expands the trading opportunities to include commodities in addition to currency and cryptocurrency.
The gold account, requiring a minimum deposit of $10001, further enhances trading options by incorporating stocks and indices upon request from the analyst, alongside currency, cryptocurrency, and commodities.
Similarly, the platinum account, requiring a minimum deposit of $50001, provides traders with the broadest range of trading instruments, including currency, cryptocurrency, commodities, and stocks and indices.
Lastly, the VIP account, with a minimum deposit of $100001, offers the same extensive range of trading instruments as the Platinum Account, ensuring traders have access to currency, cryptocurrency, commodities, and stocks and indices across all account tiers.
Spreads and Commissions
Fiovation offers a variety of spread types across its range of account types. The starter account features a standard spread type. Moving up, the silver and gold accounts offer an average spread type. The platinum and the VIP account introduces a low spread type.
Trading Platforms
Fiovation offers ХCritical platforms to cater to the needs of traders.
The ХCritical Mobile Platform represents a cutting-edge mobile terminal designed to provide traders with seamless access to the financial markets. With this mobile app, traders can utilize a variety of trading tools and manage their trading accounts conveniently from their iOS or Android smartphones. The platform empowers traders to collect and analyze market data efficiently, enabling them to execute FX transactions from anywhere.
On the other hand, the ХCritical Online Platform offers traders a suite of features and tools to facilitate efficient trading.
Trading Tools
Fiovation provides traders with a range of essential trading tools to enhance their trading experience and decision-making process. Among these tools are the economic calendar and spread table.
The economic calendar serves as a vital resource for traders, offering a schedule of economic events that could potentially impact the financial markets. Traders can utilize the Economic Calendar to stay informed about key economic indicators.
Additionally, Fiovation offers a spread table tool, allowing traders to compare spreads across various financial instruments.
Customer Support
Personal assistant is available around-the-clock every working day to address clients' inquiries and provide guidance on how its tools operate.
Additionally, Fiovation provides client service around-the-clock. Traders can reach out to Fiovation's dedicated support team via phone at 442039961907, providing them with direct access to assistance for any inquiries or concerns they may have. Additionally, traders can connect with Fiovation's support team through Skype at fiovation.online or via email at support@fiovation.online. Furthermore, Fiovation has a dedicated claims department to address any disputes or issues that may arise during trading. Traders can reach out to the claims department via email at dispute@fiovation.online, ensuring that any concerns are addressed promptly and professionally.
Conclusion
In conclusion, Fiovation offers traders a diverse range of trading instruments and multiple account types, ensuring flexibility to cater to various investment preferences and experience levels. The platform also provides 24/7 customer support for traders' convenience. However, it's crucial to note that Fiovation operates without regulatory oversight, potentially exposing traders to risks associated with unregulated trading. Additionally, the platform lacks clarity on essential trading information like leverage, spreads, and commissions, limiting traders' ability to make well-informed decisions. Moreover, the absence of comprehensive educational resources hampers traders' learning and skill development. Traders should exercise caution when engaging with Fiovation due to these limitations.
FAQs
Q: Is Fiovation regulated？
A: No, Fiovation operates without regulation, which means it lacks oversight from recognized financial regulatory authorities.
Q: What trading instruments are available on Fiovation？
A: Fiovation offers a range of trading instruments, including stocks, indices, commodities, trading currencies, and cryptocurrencies.
Q: What account types does Fiovation offer？
A: Fiovation provides various account types, including Starter, Silver, Gold, Platinum, and VIP accounts, catering to different trading preferences and experience levels.
Q: How can I contact Fiovation's customer support？
A: You can reach Fiovation's customer support primarily through email at support@fiovation.online or via phone at +442039961907.
Risk Warning
Trading online carries significant risks, including the potential loss of all invested capital. It's important to recognize that online trading may not be suitable for everyone. Traders and investors should thoroughly understand the associated risks and consider that the information provided in this review might change due to updates in the company's services and policies. Additionally, the date of this review's generation could impact its relevance, as information may have evolved since then. Therefore, readers are encouraged to verify updated information directly with the company before making any decisions or taking action. Ultimately, the reader bears sole responsibility for the use of the information provided in this review.
