FxGrow Review

General Rating

Not yet rated

Trustpilot

Not yet rated

User Rating

Not yet rated


FxGrow is a well-established broker since 2008. FxGrow has a headquarter in Cyprus. It is are generally well-suited for FxGrow to provide their Forex/CFD trading services to global clients.


This broker has also been regulated by BaFin WA37-K 5000-138982-2014/0001, Banque de France 74965, CNMV (Spain) 3755, CySEC 214/13, FCA (UK) 628755, Finansinspektionen (Sweden) 14-10518 and HCMC (Greece) 2703. Simple yet detailed information upon this broker can be seen below.


Company Information

Website
fxgrow.com

Established
2008

Country
Cyprus

Regulation
BaFin WA37-K 5000-138982-2014/0001
Banque de France, 74965
CNMV (Spain), 3755
CySEC, 214/13
FCA (UK), 628755
Finansinspektionen (Sweden), 14-10518
HCMC (Greece), 2703

Features

Interest rate on funds

Trading contests

Free education

Personal manager

Trading by telephone

Segregated accounts

Managed accounts

Affiliate program

Islamic accounts available

Vps



Account Information

Apart from the forex demo account, this broker offers ECN Plus, ECN and ECN Elite. To successfully navigate your trading account, you also need to consider about leverage and minimum deposit. Talking about leverage in general, the maximum leverage offered by FxGrow is up to 1:100. Meanwhile, you can open an account with a starting capital of $100

If you want to look for further information about this broker's offered account(s), please take a look at the list below.


Minimum Deposit

$100

Maximum Leverage

1:100

Spread

Variable

Commission

$6


Minimum Deposit $1000

Minimum Position 0.01 lot

Spread Variable

Scalping

Expert Advisors

Hedging

Overnight interest rates (swaps)

Trailing stop

Pending orders

One-click trading

Mobile trading

Automated trading

Instruments Traded

Besides lots of currency pair, FxGrow also offers some instruments you would like to trade on, such as Forex, Gold & silver, CFD, Oil, Stocks, Indexes and Energies for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.


Forex
1:100

Gold & silver
1:100

Indexes
1:100

Energies
1:100


Minimum Deposit $100

Minimum Position 0.01 lot

Spread Variable

Scalping

Expert Advisors

Hedging

Overnight interest rates (swaps)

Trailing stop

Pending orders

One-click trading

Mobile trading

Automated trading

Instruments Traded

Besides lots of currency pair, FxGrow also offers some instruments you would like to trade on, such as Forex, Gold & silver, CFD, Oil, Stocks, Indexes and Energies for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.


Forex
1:100

Gold & silver
1:100

Indexes
1:100

Energies
1:100


Minimum Deposit $100000

Minimum Position 0.01 lot

Spread Variable

Scalping

Expert Advisors

Hedging

Trailing stop

Pending orders

One-click trading

Mobile trading

Automated trading

Instruments Traded

Besides lots of currency pair, FxGrow also offers some instruments you would like to trade on, such as Forex and Gold & silver for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.


Forex
1:100

Gold & silver
1:100

Payment Methods

Neteller : Like PayPal, Neteller is one of the most popular online payment services today. Due to this popularity, nearly all forex brokers accept Neteller as a payment method for their clients' fund deposit and withdrawal. Although the Neteller system is available almost all over the world, it remains particularly popular in Europe.

Skrill : Mostly, all forex brokers provide Skrill as an online payment service option. Fast, easy, and safe transactions are the main reasons why traders using this method. Traders can use Skrill to fund their trading accounts with either payment cards, bank wire transfers, or directly from a Skrill e-wallet account.

Wire transfer : Wire Transfer is the most commonly used payment method. Nearly all brokers in the world provide this method on their service. The reason is wire transfer is basically traditional transfer between banks in the worldwide. So, this method is guaranteed for its safety. This really helps traders who avoid third-party payments or don't have credit cards.

FxGrow also provides payment with Credit/debit cards



Trading Platforms

Trading platform is a tool where you can buy or trade an instrument with only some clicks on your device, anytime and anywhere you want. In addition, price chart is also usually provided with some analytical tools to help you analyze the price movement, so you can increase your profitabiliy by placing well-planned trades.

Hereby, FxGrow offers you MetaTrader 5.

Customer Support

Do you have any question or find any trouble related to FxGrow? If you do, you should reach FxGrow's support to get the information that you need. Here is the detail of the broker's customer support:

Website Languages

Arabic
English

Office
Support

Email
Support

Call
Support

Chat
Support



FAQ About FxGrow

Is FxGrow a good broker?

A good broker constitutes a good service for traders in terms of many criteria including trading instruments, deposits and withdrawals, as well as customer support. What is good for a certain trader does not necessarily mean the same thing to you. So the term "a good broker" can vary in meaning. You can decide for yourself if FxGrow is a good broker for you or not by reviewing the criteria. In general, FxGrow provides trading service in Forex , Gold & silver , CFD , Oil , Stocks , Indexes and Energies . As for the payment methods, you can choose between Credit/debit cards, Neteller, Skrill and Wire transfer. The customer support is available via Callback, Email, Live chat, Office, Phone, Skype and Web form.


What is the minimum deposit for FxGrow?

The starting capital in FxGrow is $100.


Is FxGrow regulated?

FxGrow is regulated by BaFin WA37-K 5000-138982-2014/0001, Banque de France 74965, CNMV (Spain) 3755, CySEC 214/13, FCA (UK) 628755, Finansinspektionen (Sweden) 14-10518 and HCMC (Greece) 2703. A regulated broker equals a more responsible trading environment. You can also expect a more guaranteed safety of funds as some of regulatory frameworks in the financial industry require a compensation scheme in case of unprecedented incidents that result in clients' financial losses.


Is FxGrow legit?

FxGrow is a brokerage company offering trading services for clients since 2008 with offices in Cyprus.


Give Your Review and Rate This Broker



0 Review