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FxGrow

WikiFX | 2024-12-19 17:52

摘要:FXGROW was registered in 2008 in Cyprus. It offers several types of products, including forex, bullion, indices, cash energies, and commodities. Besides, its minimum deposit is as low as $1, and the leverage can be up to 1:100. What's more, it is regulated in Cyprus.

Note: FXGROW's official website - https://fxgrow.co/ is currently inaccessible normally.

FXGROWReview Summary
Founded2008
Registered Country/RegionCyprus
RegulationCySEC
Market InstrumentsForex, bullion, indices, cash energies, commodities
Demo Account/
LeverageUp to 1:100
EUR/USD Spread0.6 pips
Trading PlatformMT4, MT5, FXGROW Web Trader
Min Deposit$1
Customer SupportTel: +357 25-211707
Email: support@fxgrow.com
Social media: Twitter, Instagram, Linkedin, YouTube, Facebook
Address: Arc. Makariou C 59 Steratzias Court Block A, Office 14, 4003 Limassol, Cyprus

FXGROW was registered in 2008 in Cyprus. It offers several types of products, including forex, bullion, indices, cash energies, and commodities. Besides, its minimum deposit is as low as $1, and the leverage can be up to 1:100. What's more, it is regulated in Cyprus.

FXGROW's homepage

Pros and Cons

Pros Cons
Regulated by CySECInaccessible website
Diverse tradable instrumentsDeposit and withdrawal fees charged
Tight EUR/USD spreads
MT4 and MT5 supported
Low minimum deposit
Popular payment options

Is FXGROW Legit?

Yes, FXGROW is regulated by Cyprus Securities and Exchange Commission (CySEC). However, the Vanuatu Financial Services Commission (VFSC) sanctioned this company, and BAPPEBTI, a financial regulatory authority in Indonesia, once blacklisted FXGROW. Therefore, potential risks still cannot be ignored.

Regulated byRegulated AuthorityCurrent StatusRegulated CountryLicense TypeLicense No.
Cyprus Securities and Exchange Commission (CySEC)RegulatedCyprusMarket Making (MM)214/13
Regulated by CySEC
Disclosure 1
Disclosure 2

WikiFX Field Survey

WikiFX field survey team visited FXGROW's regulatory address in Cyprus, but we did not find its physical office.

WikiFX Field Survey

What Can I Trade on FXGROW?

FXGROW offers several types of products, including forex, bullion, indices, cash energies, and commodities.

Tradable Instruments Supported
Forex✔
Bullion✔
Indices✔
Cash energies✔
Commodities✔
Stocks❌
Cryptocurrencies❌
Bonds❌
Options❌
ETFs❌
What Can I Trade on FXGROW?

Leverage

The leverage can be up to 1:100. Careful considerations are recommended, since high leverage is likely to bring high potential risks.

Spread

The spreads vary depending on the types of currency pairs. Take the EUR/USD pair for example, which is 0.6 pips.

Currency PairSpread
EUR/USD0.6 pips
USD/JPY1.3 pips
GBP/JPY2.8 pips
GBP/USD0.9 pips
USD/CAD0 pips
Spread 1
Spread 2

Trading Platform

FXGROW uses MT4, MT5, and FXGROW Web Trader as its trading platforms.

Trading PlatformSupported Available Devices Suitable for
MT4✔Web, PC, mobileBeginners
MT5✔Web, PC, mobileExperienced traders
Web Trader✔Web/
MT5

Deposit and Withdrawal

FXGROW supports several types of payment options, but it charges certain amounts of fees depending on the types of payment methods.

Deposit

Deposit OptionsAccepted CurrenciesFeesMin DepositProcessing Time
VISAUSD/EUR1.9% - 2.9%$1Automatic
MasterCard
Neteller❌
Skrill
Bank Wire$1002-5 days
Deposit

Withdrawal

Withdrawal OptionsAccepted CurrenciesFeesMin WithdrawalProcessing Time
VISAUSD/EUR2 EUR$10Automatic
MasterCard2EUR
Neteller3.9%
Skrill2.9% + 0.28/0.27
Bank WireVaries depending on the bank$1002-5 days
Withdrawal

相关交易商

监管中
FXGROW
公司名称:Growell Capital Ltd
天眼评分
6.17
官方网址:http://fxgrow.co/
10-15年 | 塞浦路斯监管 | 全牌照(MM) | 白标MT5
天眼评分
6.17

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