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.
We work exclusively with the accounts opened through Traders Union.
FXGM Latest Comments 2020
The reviews by customers of the FXGM indicate that it is a reliable brokerage company. 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 2020 are verified and confirmed by Traders Union as reliable comments by real traders.
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Analysis of the Main Features of the Forex Broker
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 | Admiral Markets UK | XM Group | AvaTrade | |
| Trading platform |
MobileTrading, WebTrader, PROfit trading platform | MT4, MobileTrading, MT5, cTrader | MT4, MT5, iPhone, iPad, Android, MT4 Supreme Edition | MT4, MT5, MobileTrading | MT4, MobileTrading, Zulu Trader, Mirror Trader, AvaTrader, AVA Option |
| Min deposit | $200 | $100 | $200 | $5 | $100 |
| Leverage |
From 1:1 to 1:200 |
From 1:1 to 1:500 |
From 1:25 to 1:500 |
From 1:1 to 1:888 |
From 1:200 to 1:400 |
| Trust management | No | No | No | No | No |
| Accrual of % on the balance | No | No | No | No | No |
| Spread | From 0 points | From 1 point | From 0 points | From 1 point | From 0 points |
| Level of margin call / stop out |
50% / 50% | 25% / 20% | 100% / 30% | 50% / 20% | 25% / 10% |
| Execution of orders | Market Execution | Market Execution, Instant Execution | Market Execution | Market Execution | Instant Execution |
| No deposit bonus | No | No | No | $30 | No |
| Cent accounts | No | No | No | Yes | Yes |
Broker comparison table of trading instruments
| FXGM | FxPro | Admiral Markets UK | XM Group | AvaTrade | |
| Forex | Yes | Yes | Yes | Yes | Yes |
| Metalls | No | Yes | Yes | Yes | Yes |
| Crypto | Yes | No | Yes | No | Yes |
| CFD | Yes | Yes | Yes | Yes | Yes |
| indexes | Yes | Yes | Yes | Yes | Yes |
| Stock | Yes | No | Yes | Yes | Yes |
| ETF | Yes | No | Yes | No | No |
| Options | No | No | No | No | No |
Contacts
| Registration address | Agias Fulaxeos & Amisou 134, Annissa Court, 4th Floor, 3087 Limassol, Cyprus |
| Regulation |
CySEC, FSCA Licence number: 161/11, 47709 |
| Contacts |
Email:
[email protected],
[email protected],
Phone: +357 22 030 082, +357 22 300 542 |
Tags:
FXGMThe Oldest Reviews of the FXGM
The reviews by customers of the FXGM indicate that it is a reliable brokerage company. 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 2020 are verified and confirmed by Traders Union as reliable comments by real traders.
No entries yet.
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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.
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