FXGM 2021 Full Review – We Tried Them


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

Kyle Townsend is the founder of Forex Broker Report, an experienced forex trader and an advocate for funding options for retail forex traders.

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