The company Centralspot Trading (Cyprus) Ltd. is authorised and regulated by the Cyprus Securities and Exchange Commission (CySEC) and operates under the trade name FXVC. It has developed its own web-based trading platform.
Unfortunately, clients are not able to open a demo account with this broker and you need to have a live one to try out all its features. Of course, you can see some of the functionality without having to log in.
The first impression is that it looks very simple and intuitive. Everything is smart arranged, all features are accessible through buttons at the left vertical bar. The instrument window is next to it. All instruments are preloaded by default. There is a search field and you can use it to quickly find what you are looking for. In addition, you can see the instruments broken down into groups by clicking the icon at the end of the search box. So, you can sort them by most popular, by asset group, or by item of your choice.
The chart of the instrument at the top of the list is automatically shown in the chart window next to the instruments window. An information bar is above the chart and you can get the basic data about the necessary margin and leverage, trading hours and the maximum trade size. More detailed info is available as a pop-up under the More details button. Although the charts look simply, they provide all the necessary tools for customization. The chart can be viewed as lines, candles, bars and dots and time frames can be chosen from 1 minute to 1 day. You can draw lines, arrows, Elliot lines, Fibonacci retracements or place some text field. Over 25 indicators can be placed as well. In addition, there is a tool that can measure horizontal and vertical distances. Finally, you can maximize the chart window to take up the entire workspace.
All other features are only available if you have a live account. Despite the inability to test the platform thoroughly, it seems very simple and easy to use.
