FXGM 2021 Full Review – We Tried Them


FXGM

3.1

TRADING CONDITIONS

4.0/10

REGULATION

3.0/10

PRODUCTS

5.0/10

FUNDING OPTIONS

3.0/10

REPUTATION

0.5/10

Pros

  • HIGH 1:200 LEVERAGE

Cons

  • NO METATRADER
  • VERY LOW REGULATION
  • BAD INDUDSTRY REPUTATION
  • LIMITED FUNDING OPTIONS
  • COSTLY TRADING CONDITIONS

Are you looking for a new forex trading broker? We have been scammed before by brokers, so we know how tough it is to find a reputable broker that is going to keep your money safe and give you great trading conditions. In this article we are looking at FXGMOpens in a new tab.

FXGM Company Information

Year Founded2011
HeadquarteredCyprus
RegulationCySec
Office LocationsCyprus

FXGM General Account Information

Minimum Deposit$100
Account CurrenciesGBP, JPY, EUR, USD, AUD
Islamic AccountsNo
USA TradersNo
Mobile TradingYes
Web Trading AppYes
Deposit MethodsCredit/Debit Cards, Wire Transfer, Skrill
Withdrawal MethodsCredit/Debit Cards, Wire Transfer, Skrill
PAMM AccountsNo
ECN AccountsNo
CommissionSpread Based, No Commissions
Micro AccountsYes
Professional AccountsYes

FXGM Trading Information

Maximum Leverage200:1
Minimum Lot Size0.1
STP Or Dealing DeskYes
Scalping AllowedNo
Hedging AllowedYes
ExecutionInstant Execution
Negative Balance ProtectionNo

Industry Reviews Of FXGM

General ConsensusNot Trustworthy
ForexPeaceArmyOpens in a new tab.1.62 stars out of 5
Trustpilot Opens in a new tab.2.4/5 – Poor

Platform Details

Trading PlatformsWebPROfit and Mobile PROfit
Crypto TradingYes
VPS For TradersNo
Demo AccountNo
Instant One Click TradingYes
Number Of Pairs Offered 40+

In conclusion, FXGMOpens in a new tab.

The conditions FXGMOpens in a new tab.

If you have any feedback from using FXGM, please do leave a comment to help our readers out.

Kyle Townsend

I've been trading forex full-time since 2016. Over the last few years I have tried and tested all of the most popular forex brokers after being scammed by an unregulated broker back in 2017. I post my reviews to help others stay away from potentially high risk brokers!

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