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Summary of FxGrow Trading Company
FxGrow is a broker with higher-than-average risk and the TU Overall Score of 4.17 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by FxGrow clients on our website, Traders Union expert Anton Kharitonov recommends users to consider a more reliable broker with better conditions, as, according to reviews, many clients of this broker are not satisfied with the company’s work. FxGrow ranks 198 among 413 companies featured in the TU Ranking, which is based on the evaluation of 100+ criteria and a test on how to open an account.
Fxgrow was established in 2008, and today the company with offices in Cyprus serves customers from over 100 countries of the world. The company accepts both individual and corporate traders involved in the financial markets. In addition, Fxgrow customer care service is available 24/5. Fxgrow limited (www.fxgrow.co) is regulated and registered by the Vanuatu financial services commission (VFSC, 40308).
💰 Account currency: | USD, EUR, PLN |
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🚀 Minimum deposit: | 100 USD |
⚖️ Leverage: | 1:100 |
💱 Spread: | From 0,2 p |
🔧 Instruments: | Forex, Indices & Commodities, Metals & Energies Symbols, CFDs on Futures, Cryptocurrencies. |
💹 Margin Call / Stop Out: | 50%/50% |
Evaluation of the most influential parameters of FxGrow
We checked the office of the FxGrow brokerage company in Cyprus, which is located at the following address according to the information on the company’s website:
Arc. Makariou C 59, Steratzias Court Block A, Office 14, Limassol 4003, Cyprus
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The company is located at the stated address
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We were able to speak to a company representative
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We were able to visit the office as clients
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Video of the company’s office
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Geographic Distribution of FxGrow Traders
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Dynamics of FxGrow’s popularity among
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Trading Conditions for FxGrow Users
💻 Trading platform: | MetaTrader 5, Mobile |
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📊 Accounts: | ECN, ECN-plus, ECN-Elite |
💰 Account currency: | USD, EUR, PLN |
💵 Replenishment / Withdrawal: | Neteller, Skrill, Bank Wire |
🚀 Minimum deposit: | 100 USD |
⚖️ Leverage: | 1:100 |
💼 PAMM-accounts: | No |
📈️ Min Order: | 0.01 |
💱 Spread: | From 0,2 p |
🔧 Instruments: | Forex, Indices & Commodities, Metals & Energies Symbols, CFDs on Futures, Cryptocurrencies. |
💹 Margin Call / Stop Out: | 50%/50% |
🏛 Liquidity provider: | No |
📱 Mobile trading: | Mobile Platforms |
➕ Affiliate program: | Yes |
📋 Orders execution: | Market Execution |
⭐ Trading features: | No |
🎁 Contests and bonuses: | No |
Comparison of FxGrow with other Brokers
FxGrow | RoboForex | Eightcap | Exness | FBS | Gerchik&Co | |
Trading platform |
MT4, MT5, WebTrader | MT4, MT5, R MobileTrader, R StocksTrader, R WebTrader | MT4, MT5 | Exness Trade App (mobile), Exness Terminal (web), MetaTrader5, MetaTrader4 | MT4, MobileTrading | MetaTrader4, MetaTrader5 |
Min deposit | $100 | $10 | $100 | $10 | $1 | $100 |
Leverage |
From 1:1 to 1:100 |
From 1:1 to 1:2000 |
From 1:30 to 1:500 |
From 1:1 to 1:2000 |
From 1:1 to 1:2000 |
From 1:1 to 1:100 |
Trust management | No | No | No | No | No | Yes |
Accrual of % on the balance | No | No | No | No | No | No |
Spread | From 0.2 points | From 0 points | From 0 points | From 1 point | From 0.2 points | From 0 points |
Level of margin call / stop out |
50% / 50% | 60% / 40% | 80% / 50% | No / 60% | 40% / 20% | 100% / 50% |
Execution of orders | Market Execution | Market Execution, Instant Execution | Market Execution | Market Execution, Instant Execution | Market Execution | Market Execution |
No deposit bonus | No | No | No | No | $5 | No |
Cent accounts | No | Yes | No | No | Yes | No |
Broker comparison table of trading instruments
FxGrow | RoboForex | Eightcap | Exness | FBS | Gerchik&Co | |
Forex | Yes | Yes | Yes | Yes | Yes | Yes |
Metalls | Yes | Yes | Yes | Yes | Yes | Yes |
Crypto | Yes | No | Yes | Yes | No | Yes |
CFD | Yes | Yes | Yes | Yes | Yes | Yes |
Indexes | Yes | Yes | Yes | Yes | Yes | Yes |
Stock | Yes | Yes | Yes | Yes | No | Yes |
ETF | No | Yes | No | No | No | Yes |
Options | No | No | No | No | No | No |
Contacts
Foundation date | 2007 |
Regulation |
VFSC, CySec Licence number: 40308, 214/13 |
Official site | fxgrow.co |
Contacts |
Email:
info@fxgrow.co,
accounting@fxgrow.co,
Phone: +961-1813880 |
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FAQs
Do reviews by traders influence the FxGrow rating?
Any review can raise or lower the rating of any broker in the general list of brokers. To read reviews about FxGrow you need to go to the broker's profile.
How to leave a review about FxGrow on the Traders Union website?
To leave a review about FxGrow, register on the Traders Union website or you can also leave a review through Facebook.
Is it possible to leave a comment about FxGrow on a non-Traders Union client?
Anyone can leave feedback about FxGrow on multiple participating clients; however, Traders Union clients also receive additional payments later for working with any broker listed at the Forex market.
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