FXGM Review 2021

172

Position
in rating

172

Position in rating

3.02/10
Overall rating

Attention!

Due to the large number of negative reviews about this company and because it occupies the low position of number 20 on our Ratings List of Forex brokers, the Traders Union does not recommend cooperating with this broker.

Instead, our experts strongly advise you to select a brokerage from among the Top 5 on our objectively ranked list:

Summary of FXGM Trading Company

Incorporated in 2011 under the laws of the Republic of Cyprus, FXGM is a trading name of Depaho Ltd. Its headquarters are located in Nicosia, Cyprus.

Depaho Ltd gives traders access to a high-end online trading platform called PROfit. Here they can trade currencies, commodities, and major stocks in the form of CFDs. The PROfit platform was carefully designed to meet the needs of newcomers, and at the same time to be sophisticated enough to satisfy experienced traders. Depaho Ltd is regulated in Europe by the Cyprus Security and Exchange Commission (CySEC). It is a strong guarantee that the company adheres to applicable rules and regulations aimed to provide investors with complete transparency and a full understanding of the benefits and risks associated with online trading.

💰 Account currency: USD
🚀 Minimum deposit: 200 USD
⚖️ Leverage: 1:200
💱 Spread: from 0,3 p
🔧 Instruments: Forex, Cryptocurrencies, Indicies, Commodities, Share CFDs, ETFs.
💹 Margin call/Stop Out: 50%/50%
Attention!

We work exclusively with the accounts opened through Traders Union.

FXGM Latest Comments 2021

0
3
0

Positive reviews increase standing and, of course, any negative reviews decrease its position in the ratings.

Just register and get authorized to submit a review of the broker’s activities and conditions on its platform. Everyone can and is invited to submit a review. All reviews of FXGM published on the website in 2021 are verified and confirmed by Traders Union as reliable comments by real traders.

At first they tried to convince me that they are a cool office and with them you can raise up to 50% of the depot per month! I understand that they go by the ears with the data, but I counted on at least 20% per month. And what do you think? I contributed money to fxgm and saw a profit of 1%! Here is such a super cool trader here. Initiated the withdrawal of the entire amount, such a trade is not interesting to me

If you have opened an account with this office, then immediately be prepared for just the wildest requotes and slides. I had such that at important events the price was opened at the peak of a candle on a pending order! Then they assured that the price was market. But excuse me, I know what the market price is and what is a linden tree in the terminal) In short, a quiet horror and not a desk

Avoid the FXGM scammers. They drain deposits and ask for money to wager. The principle of a casino under the guise of a forex company.

Analysis of the Main Features of the Forex Broker

3.02

Overall rating

2.81

/10

Execution of orders

3.23

/10

Investment instruments

2.87

/10

Withdrawal speed

3.17

/10

Customer Support work

2.65

/10

Variety of instruments

3.39

/10

Trading platform

Dynamics of the Popularity of FXGM
in 2020 among the Users of the Traders Union

Logo TU
20,0%
Top 3
10,0%
Top 5
7,0%
Top 10
5,0%
Top 20
1,0%
Top 40
0,5%
Top 100
0,2%
Top 100+
0,05%
Jan.
Feb.
Mär.
Apr.
Mai.
Jun.
Jul.
Aug.
Sep.
Okt.
Nov.
Dez.

Trading Conditions for FXGM Users

💻 Trading platform: PROfit trading platform, Web, Mobile
📊 Accounts: Basic, Discovery, Silver, Gold, Diamond, VIP
💰 Account currency: USD
💵 Replenishment/Withdrawal: Credit/Debit Cards, Skrill, Neteller, Paypal, Klarna
🚀 Minimum deposit: 200 USD
⚖️ Leverage: 1:200
💼 PAMM-accounts: No
📈️ Min Order: 0.01
💱 Spread: from 0,3 p
🔧 Instruments: Forex, Cryptocurrencies, Indicies, Commodities, Share CFDs, ETFs.
💹 Margin call/Stop Out: 50%/50%
🏛 Liquidity provider: No
📱 Mobile trading: Mobile Platforms
➕ Affiliate program: No
📋 Orders execution: Market Execution
⭐ Trading features: No
🎁 Contests and bonuses: No

Comparison of FXGM with other Brokers

FXGM FxPro XM Group Admiral Markets UK AvaTrade eToro
Trading
platform
MobileTrading, WebTrader, PROfit trading platform MT4, MobileTrading, MT5, cTrader MT4, MT5, MobileTrading MT4, MT5, iPhone, iPad, Android, MT4 Supreme Edition MT4, MobileTrading, Zulu Trader, Mirror Trader, AvaTrader, AVA Option MobileTrading, WebTrader
Min deposit $200 $100 $5 $200 $100 $200
Leverage From 1:1
to 1:200
From 1:1
to 1:200
From 1:1
to 1:30
From 1:25
to 1:500
From 1:200
to 1:400
From 1:2
to 1:30
Trust management No No No No No No
Accrual of % on the balance No No No No No No
Spread From 0 points From 1 point From 1 point From 0 points From 0 points From 2 points
Level of margin call
/ stop out
50%  /  50% 50%  /  50% 100%  /  50% 100%  /  30% 25%  /  10% No
Execution of orders Market Execution Market Execution, Instant Execution Market Execution Market Execution Instant Execution Instant Execution
No deposit bonus No No $30 No No No
Cent accounts No No Yes No Yes No

Broker comparison table of trading instruments

FXGM FxPro XM Group Admiral Markets UK AvaTrade eToro
Forex Yes Yes Yes Yes Yes Yes
Metalls No Yes Yes Yes Yes Yes
Crypto Yes Yes No Yes Yes Yes
CFD Yes Yes Yes Yes Yes Yes
indexes Yes Yes Yes Yes Yes Yes
Stock Yes Yes Yes Yes Yes Yes
ETF Yes No No Yes No Yes
Options No Yes No No No Yes

Contacts

Registration address Agias Fulaxeos & Amisou 134, Annissa Court, 4th Floor, 3087 Limassol, Cyprus
Regulation
Official site
Contacts

Tags:

FXGM

The Oldest Reviews of the FXGM

Positive reviews increase standing and, of course, any negative reviews decrease its position in the ratings.

Just register and get authorized to submit a review of the broker’s activities and conditions on its platform. Everyone can and is invited to submit a review. All reviews of FXGM published on the website in 2021 are verified and confirmed by Traders Union as reliable comments by real traders.

Avoid the FXGM scammers. They drain deposits and ask for money to wager. The principle of a casino under the guise of a forex company.

If you have opened an account with this office, then immediately be prepared for just the wildest requotes and slides. I had such that at important events the price was opened at the peak of a candle on a pending order! Then they assured that the price was market. But excuse me, I know what the market price is and what is a linden tree in the terminal) In short, a quiet horror and not a desk

At first they tried to convince me that they are a cool office and with them you can raise up to 50% of the depot per month! I understand that they go by the ears with the data, but I counted on at least 20% per month. And what do you think? I contributed money to fxgm and saw a profit of 1%! Here is such a super cool trader here. Initiated the withdrawal of the entire amount, such a trade is not interesting to me

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FAQs

Do reviews by traders influence the FXGM rating?

Any review can raise or lower the rating of any broker in the general list of brokers. To read reviews about FXGM you need to go to the broker's profile.

How to leave a review about FXGM on the Traders Union website?

To leave a review about FXGM, register on the Traders Union website or you can also leave a review through Facebook.

Is it possible to leave a comment about FXGM on a non-Traders Union client?

Anyone can leave feedback about FXGM on multiple participating clients; however, Traders Union clients also receive additional payments later for working with any broker listed at the Forex market.

Why is it more profitable to work with FXGM through Traders Union?

Because you will receive additional payments from Traders Union every month while all other functions on your chosen trading platform remain the same.