✔️ Information reviewed and updated in March 2024 by Eduardo López
Opinions and information about the FxGrow broker
In this section we will analyze the broker called FxGrow, at the request of different traders and clients who have sent us emails and comments, and have asked us to carry out a section analyzing the company.
FxGrow is part of Growell Capital, and is a forex and CFD broker, based in Cyprus. The broker, in this case, is regulated by CySEC, Cyprus regulatory body.
Now, we will go on to analyze the different types of account that the broker offers to its clients. In this case the broker has 4 different types of account, the ECN account, ECN Plus, ECN VIP and Swap Free (also called Islamic Accounts or Islamic Accounts). We will start with the ECN account: the minimum deposit is $ 100, it has a variable spread from 1.2, leverage up to 1: 200, stop out of 30%. This is followed by the ECN Plus account: minimum deposit of $ 1.000, variable spread starting from 0.1, leverage of up to 1: 200, stop out of 30%. The third type of account is the ECN VIP account: minimum initial deposit of $ 10.000, variable spread from 0.00001, leverage of up to 300: 1, stop out of 30% and free VPS included with the account opening. The last type of account is the Islamic account: minimum initial deposit of $ 10.000, variable spread from 0.00001, leverage up to 300: 1, stop-out of 30% and free VPS.
The FxGrow broker provides the following trading platforms: the popular MT4 (Meta Trader 4) and also Webtrader.
Now, we will go on to analyze the different aids and resources that the broker offers to the trader: the broker provides different technical analyzes, although it should be noted that they are in English, it also has a blog where it addresses issues related to trading, but another Once, it is in English. It should be noted that the broker has other sections but which we were unable to access from its website, so we will not take them into account.
Features of the FxGrow broker
Foundation | 2009 |
Supported platforms | MetaTrader4 and Webtrader |
Available in Spanish | Si |
Customer service in Spanish | Si |
Hear demo | Si |
Bonuses or promotions | Not for the moment |
Commission | Yes, depending on the type of account |
Minimum deposit | $100 |
Leverage | Maximum up to 300: 1, although it varies depending on the type of account |
Deposit options | Bank transfer, credit card, and virtual wallets such as: Neteller, Moneybookers, cashU, Western Union, and Skrill |
Withdrawal options | Bank transfer, credit card, and virtual wallets such as: Neteller, Moneybookers, cashU, Western Union, and Skrill |
Account types | 4 account types: ECN, ECN Plus, ECN VIP and Swap Free |
CFDs | Si |
metals | No |
Oil | No |
Gold | No |
Index | Si |
Actions (stocks) | Si |
Raw materials (commodities) | Si |
Withdrawal fees | Depending on the withdrawal system, there may be commissions, there may not be |
Foundation | 2004 |
Supported platforms | MetaTrader4 (MT4) |
Available in Spanish | Si |
Customer service in Spanish | Si |
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Additional information about the company
Phone number: +357 25 211707
Email: [email protected]
Website: fxgrow.me
Clarification: Note that FxGrow works in different countries, so the information provided may not apply to your country.
*Bonuses or promotions: None at the moment.
FxGrow broker valuation
With the information we have so far, the comments and reviews of users and traders, our opinion is that FxGrow is a reliable broker. So far we have not received negative comments nor have we found any comments or opinions from customers with problems on the internet.
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↓ ↓ ↓ Traders and users score
This company will not refund your money. I know firsthand, don't do it, listen to me.
Hello Ramiro, FxGrow 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.