This profile is currently being reviewed by the BestForex.io editorial team. Some information may be incomplete or subject to change.
FXVC Review
FXVC was a Cyprus based CFD broker run by Finteractive Ltd. The FCA barred it from UK clients in 2021, and it gave up its CySEC license in 2022 after a fine.
Min Deposit
N/A
Spreads From
Not applicable, FXVC is treated as closed
Max Leverage
Not applicable, FXVC is treated as closed
Platforms
Proprietary web platform
Pros
- FXVC once held a genuine CySEC license in Cyprus, number 238/14
- It listed more than 250 CFD markets across forex, stocks, and crypto
- As a CIF, Finteractive had to keep client money in separate bank accounts
- The broker ran its own web based platform that needed no extra software
Cons
- The FCA banned Finteractive from taking UK clients in April 2021
- The FCA logged 47 UK complaints about misleading ads and pressure tactics
- CySEC fined Finteractive 100,000 euros in 2022 for compliance failures
- Finteractive gave up its CySEC license in 2022 and stopped EU service
- Some FCA complainants said Finteractive refused to return their funds
- Review sites say FXVC kept trading offshore later without a clear license
FXVC was a CFD trading name used by Finteractive Ltd, a Cyprus company under number 325259. The firm was named Centralspot Trading Ltd until November 2020. It offered forex, stock, index, and crypto CFDs to retail clients in the UK and across the EU.
In April 2021, the FCA banned Finteractive from taking UK clients. The regulator had logged 47 complaints about misleading ads and pressure tactics, and some clients lost over 100,000 pounds. CySEC fined the firm 100,000 euros in March 2022. It then gave up its CySEC license on 20 January 2022 and stopped EU services that February. CySEC formally withdrew the license in July 2022.
FXVC now holds no license in the UK or the EU. CySEC lists Finteractive as a former investment firm with a voluntary renunciation on file. Some reports say the brand kept trading outside Europe under a Seychelles registration, but reviewers still flag it as high risk in 2026. BestForex.io does not treat FXVC as open for new business.
Max Leverage
Not applicable, FXVC is treated as closed
Spreads From
Not applicable, FXVC is treated as closed
Platforms
Regulation, fund safety, track record
Spreads, execution, leverage
Platform quality, charting, features
Analysis, webinars, learning materials
Support quality, responsiveness
Mobile app quality, features
