⭐ Opinions and information about the FXGM broker ⭐
¿Is the FXGM broker (aka fxgm.com) really trustworthy? ✅ Is it safe for you to invest your money with this company? ❎ Is FXGM reliable? ❎ 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 us with information about this company? We invite anyone who has experience with this company, to leave a comment with their experience and to give the company a score according to their experience with it. Let's start with the analysis:
✔️ What is FXGM? FXGM is a broker of: Cryptocurrencies, ETFs, stocks, indices, commodities, currencies.
✔️ The broker mentions be part of: Depaho Ltd.
✔️ Where is it based? FXGM is based in: Cyprus.
✔️ Are you a regulated broker? If we talk about regulation, the broker it is not regulated.
❌ Actual location of company offices? We don't know yet, we appreciate someone (brave) giving us this information.
❌ Names of the actual owners? Still unknown, we appreciate any information.
We will continue to find out if FXGM offers the public different types of accounts or plans and what characteristics each one has. In this case we find that it offers 7 different types of account:
🔹 Basic Account: account balance from $ 200 to $ 1999, + free training, Autochartist, insider trading, personal account manager, etc.
🔹 Discovery account: account balance from $ 2000 to $ 4999, + 5% rollover discount and 5% price discount.
🔹 Silver Account: account balance from $ 5000 to $ 9999, + 10% rollover discount and 10% price discount.
🔹 Gold Account: $ 10 to $ 000 account balance, + 14% price discount and 999% discount on rollovers.
🔹 Diamond Account: $ 15 to $ 000 account balance, + 29% rollover discount and 999% price discount.
🔹 VIP account: Account balance over $ 29, + 999% rollover discount and 25% price discount.
🔹 Professional Account: For this type of account, you have to satisfy at least 2 of these 3 requirements; 1. A portfolio of more than $ 500 (excluding property and cash), 000. A verified history of placing positions of significant size, 2. Experience in the capacity of a professional position related to derivatives / speculation / trading.
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🔸 The platforms used to operate are: webPROfit and PROfit mobile platforms.
🔸 Now, yes, we will analyze the different resources and aids that the company provides to traders on its website: explanation of different basic concepts related to investments in forex and CFDs and with the platforms with which the trader invests, economic calendar, a brief history of forex trading, forex glossary, charts in real time of indices, stocks and popular currency pairs, and financial market news, among other tools. In this sense, FXGM is a really complete broker.
What we like the most
What we like least
More information about the company
🔸 Phone number: +357 22 030 082
🔸 Website: en.fxgm.com
🔸 Bonuses, promotions, offers: None by the moment
🔸 Clarification: If you think that our review is not correct, or you have a different opinion about this company, we invite you to leave a comment in this section - rating with your opinion.
⭐ FXGM Valuation ⭐
☑️ With the information we have so far, the comments, evaluations and criticisms of users and traders, ⚠️ our opinion is that it seems like a broker with which we have to be careful ⚠️. We do not recommend it.
☑️ Why? Is a broker no regulation and further is located in a very dangerous country for these activities (Cyprus), on the other hand, when looking for information and other evaluations about FXGM find a lot of negative reviews and complaints, overall negative feedback.
(I.e. Is FXGM safe? How reliable is FXGM? ❎ We consider it to be an unsafe, unreliable company and we do not recommend it. ❎ Why? For the reasons mentioned above. Here you can read comments about FXGM.
❗ Update July 2021: CySEC, Cyprus Financial Regulator, has revoked the FXGM regulation for violations thereof.
Do you know this company? Do you think our opinion is not correct? Have you operated with this broker? Share a comment with your experience.
👇 User and trader score 👇