✔️ Information reviewed and updated in April 2024 by Eduardo López
Opinions and information about the FGMarkets broker
¿It is the really reliable FGMarkets broker? Is it safe for you to invest your money with this company? In this section we will analyze the broker and its reputation as such on the internet.
We invite anyone who has experience with this company, to leave a comment with their experience and to give a score to the broker according to their experience with it.
It should be noted that we do not usually make reviews of brokers that do not have their website in Spanish / Castilian, but due to different comments and emails received, we have also decided to review FGMarkets.
The FGMarkets broker is a Forex and CFD broker, of the STP type.
The broker mentions to be part of FiveCircles Ltd, and payment services are processed by FELSON LIMITED.
FGMarkets is based in: Vanuatu (FiveCircles Ltd) and Cyprus (FELSON LIMITED).
If we talk about regulation, FGMarkets mentions being regulated by the VFSC (Vanuatu financial regulator).
We will continue to analyze the different account types that FGMarkets offers. In the case of FGMarkets, we note that it offers 3 different types of accounts: the Slate Account, the Prime Account and the Elite Account.
We will begin then, with the Slate account- $ 99,99 minimum initial deposit, 24/5 technical support, will trade on the MT4 platform.
This is followed by Prime Account: minimum initial deposit of $ 9.999,99, technical support 24 hours, 5 days a week, will be traded with the MT4 platform, online seminars will be provided, access to the trader training center.
The third and final type of account is the Elite Account- Minimum initial deposit of $ 99.999,99, 24/5 technical support, will trade with MT4 platform, online seminars will be provided, access to trader training center, personal trading specialist, live autochartist.
The platforms used to trade are: MT4.
Now, yes, we will go on to analyze the different resources and aids that the broker provides to traders on its website: eBooks, glossary, video lessons, basic explanation of the different instruments that can be traded with FGMarkets, economic calendar, chart of rollover, chart to calculate commissions.
Features of the FGMarkets broker
| Foundation | 2014 |
| Regulatory | Regulated by the VFSC (Vanuatu) |
| Broker type | Forex and CFD - STP |
| Leading | MT4 |
| Available in Spanish | No |
| Location | Vanuatu |
| Bonuses or promotions | Not specified |
| Minimum deposit | $99,99 |
| Leverage | Not specified |
| Deposit options | Credit cards, bank transfer |
| Withdrawal options | Credit cards, bank transfer |
| Hear demo | Si |
| CFDs | Si |
| metals | Si |
| Binary Options | No |
| Gold | No |
| Cryptocurrencies (Bitcoin, Litecoin, etc) | No |
| Actions (stocks) | Si |
| Raw materials (commodities) | Si |
| Withdrawal fees | Not specified |
Would you like to know the best 2021 broker ? Find out HERE
Additional information about the company
Phone number: +61 2 9051 2524
Email: [email protected]
Website: www.fgmarkets.com
Clarification: The FGMarkets broker works in different countries, so the information provided may not apply to your country, this review is directed to Latin America and / or Spain.
* Bonuses or promotions: None by the moment
FGMarkets valuation
With the information we have so far, the comments and reviews of users and traders, we believe that it is a reliable broker. Why? Although we have found almost no comments about the broker (which makes us think it is new) it is a VFSC Regulated broker.
Update August 2019: we believe that FGMarkets is not a trustworthy company; It is based in not very serious countries (Vanuatu), its regulation is not very serious (Vanuatu) and when looking for other evaluations about the company we have found mostly negative comments-
❗ November 2020 update: CMVM, Portuguese financial regulator, has denounced FGMarkets due to fraudulent maneuvers.
❗ Attention: FGMarkets is linked to 555Markets y FGMarkets, badly reputable brokers accused of scamming too many people. We suggest caution.
Do you know this broker? Do you think our opinion is not correct? Have you operated with him? Leave a comment with your experience.
Are you part of FGMarkets? Are you a representative or worker of the company? Write to us here >> use this form <<
↓ ↓ ↓ Traders and users score
All the truth
This company accumulates many complaints. Both from workers and customers.
555markets
globtrex
fgmarkets
And many more pages that make you believe that they are regulated ...
https: //www.einforma .com / information-company / real-business-connection
https: //es.gowork .com / adena-research-society-l-valencia
Hello Anonymous, this broker called FGMarkets is a SCAM, many investors have denounced FGMarkets for fraudulent activities, it is not advisable to invest money in an UNREGULATED broker. It's a SCAM and does not return money to its customers.
ALL positive comments from this broker are FALSE, they are made by their own workers to confuse investors, flood social networks with positive messages about them and it's all FALSE! and when customers ask them about our reviews they say we are from the competition, also FALSE!.
If they force you to pay some type of tax, legalization or something similar, do not even think about doing it, that indicates that they are a fraud since those taxes don't existThey ask for it so they can steal more money from you.
We recommend to all those affected recover the money from the CHAT what we have on the web or in the following link: Get your money back, we are on your side
Greetings.
Never invest in FGMARKETS deposit 2000 usd then win and have 30.000 and I could never withdraw them at such a point they disappeared from my trading account, they pretend to be advisors and they have no knowledge of trading, do not invest here, also this company It is 555Markets, they are the same and you will never but never be able to withdraw your capital is a CHIRINGUITO FINANCIERO scam scam scam.
EYE THIS COMPANY IN SPAIN IS LIKE GLOBTREX.COM ANOTHER GARBAGE BROKER WITH VERY HIGH SPREADS
They charge you commissions that do not exist, they pretend to be directors, broker owners, directors, and let's face it, a director of a broker will never call you, they are all scammers
Hello Roman, we thank you for sharing with us your experience with the FGMarkets broker, in principle, how did you decide to invest with them?
Do you have any other information about the broker (such as emails, names of advisers, phone numbers)? Relevant data or information about your experience with them. You can also go through the 555Markets section or globtrex.
All the best
Will it be reliable and not a FGMARKETS scam?
Hello Adrián, thank you for sharing your experience with FGMarkets, as we take the opportunity to update the review and tell you that we do not believe it is safe, it is based in less serious countries (Vanuatu), the regulation it has is not very serious (Vanuatu) Other evaluations about the company we have found mostly negative comments, why with them if there are regulated companies in serious countries with years of history?
regards
Attention, the Spanish regulator has marked them today as a financial chiringo. Do not believe them. To walk with your eyes wide open and with care please.
FINANCIAL CHIRINGUITO.
Hi Mari, thank you for sharing this information about FGMarkets. THE REGULATOR CNMV HAS MARKED FGMarkets AS A FINANCIAL CHIRINGUITO. ATTENTION.
regards
How are the profits and how is the investment, in Colombia if you can work or not? Lastly, it is not a scam.
I want to try fgmarkeyd
Hi Cristian, because if you want to know our opinion (at least for now) about FGMarkets, you can read this same section.
Greetings.
HELLO CRISTIAN
I WORK AS AN ACCOUNT MANAGER FOR FGMARKETS.COM FROM SPAIN, IT IS A RELIABLE COMPANY AND WE ARE PROMOTING THE PLATFORM IN LATIN AMERICA WITH A MINIMUM INVESTMENT 100,00 USD AND LEVERAGE 1: 200. You can write to me [email protected] and I will send you the information you need.
Thank you
Hello Rosa, thank you for the comment, we hope you can solve all the doubts of FGMarkets clients.
Greetings.
They are scammers, they scammed me, a group from Spain by the way