✔️ Information reviewed and updated in April 2024 by Eduardo López
Opinions and information about the FxGen broker
¿It is the broker FxGen (aka fx-gen.com) really trustworthy? Is it safe for you to invest your money with this company? In this section we will analyze the company and its reputation as such on the internet.
Do you want to give us a hand and help inform about this company? We invite anyone who has experience with this company, to leave a comment with their experience and to rate the company according to their experience with it.
The FxGen broker is a broker of: Forex, CFDs and Cryptocurrencies.
The broker mentions to be part of: FXGEN LTD.
FxGen is based in: Saint Vincent and the Grenadines.
If we talk about regulation, FxGen is: they mention regulation of Saint Vincent and the Grenadines, which in our opinion is a very bad regulation, very unsafe. In our opinion, it is the same as having no regulation at all.
We will continue to analyze the different account types that FxGen offers. In the case of FxGen, we note that they offer 4 different plans or types of account: the Lite Account, the General Account, the Digital Account and the Prime Account.
Lite account- Minimum initial deposit of $ 0, no commission, variable spread, leverage up to 1: 100, bonus up to 50%.
General Account- Minimum initial deposit of $ 0, no commission, variable spread, leverage up to 1: 100, bonus up to 100%.
Digital Account- Minimum initial deposit of $ 10.000, no commission, variable spread, leverage up to 1: 100, bonus up to 100%.
Prime Account- Minimum initial deposit of $ 50.000, no commission, variable spread, leverage up to 1: 100, bonus up to 100%.
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The platforms used to trade are: the MT4 and MT5 platforms.
Now, yes, we will go on to analyze the different resources and aids that the company provides to traders on its website: some explanations of the products that FxGen offers, some educational sections, economic calendar, trading calculator, really not much else.
FxGen Features
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Additional information about the company
Phone number: +1 (315) 544 0500
E-mail: [email protected] y [email protected]
Website: fx-gen.com
Clarification: The investment company FxGen 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
FxGen valuation
With the information we have so far, the comments and reviews of users and traders, our opinion is that it looks like a company we should be careful with.
Why? It is a regulated broker, but due to a very unsafe regulator (Saint Vincent and the Grenadines), it is based in unsafe countries (Saint Vincent and the Grenadines), when looking for information and other evaluations about FxGen we found almost no reviews, which us It suggests that it is a "new" company, without a track record.
June 2020 update: CNMV, Spanish financial regulator, has reported FxGen for fraudulent activities
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↓ ↓ ↓ Traders and users score
This company IS SCAM!!!. They don't care about everything, they just want to rob you and they don't give you your money back, don't do it, listen to me.
Hello Kai, FxGen is a SCAM, we have received many complaints from investors, for not returning the money, you should never invest in a broker that does not have REGULATION.
They create many positive comments about themselves that are LIES! They want to confuse investors and pretend to be a legal company but it is all LIES! If you tell them about our articles, they say that we are part of the competition and that is also a lie! (We are dedicated to reviewing brokers).
When you want to withdraw your capital or your profits, if they make excuses and tell you to pay commissions or another type of ransom, you will know that they are scamming you, do not fall into that trap, those commissions are not real, they try to take more money from you.
If you want to recover the money you can do it from the CHAT on our website or by filling out the form at this link: Get your money back, we are with you
Greetings.
This company is fraudulent. They scammed my father, don't do it, listen to me.
Hello Finn, FxGen is a SCAM, we have received many complaints from investors, for not returning the money, you should never invest in a broker that does not have REGULATION.
They create many positive comments about themselves that are LIES! They want to confuse investors and pretend to be a legal company but it is all LIES! If you tell them about our articles, they say that we are part of the competition and that is also a lie! (We are dedicated to reviewing brokers).
When you want to withdraw your capital or your profits, if they make excuses and tell you to pay commissions or another type of ransom, you will know that they are scamming you, do not fall into that trap, those commissions are not real, they try to take more money from you.
If you want to recover the money you can do it from the CHAT on our website or by filling out the form at this link: Get your money back, we are with you
Greetings.