Rate by User
4.1
Business Info
“FXGM offers users the ability to trade on more than 200+ financial instruments covering CFDs on Currencies, Commodities, Indices, Shares, ETFs and Cryptocurrencies on the browser-based PROfit trading platform for web and mobile across accounts for Retail and Professional clients.”
FXGM was founded in 2011 and is a brand name of Depaho Ltd, an entity that is authorised and regulated by the Cyprus Securities and Exchange Commission (CySEC), as well as the Financial Sector Conduct Authority (FSCA) of South Africa.
The broker offers six different types of trading accounts called Basic, Discovery, Silver, Gold, Diamond and VIP. Each account allows for commission-free trading with just spreads and swaps payable according to the account type which is based on the withdrawable equity.
Users can access some unique features such as the ability to have the first ten trades protected from loss. The broker also offers access to Autochartist, SMS services, Traders Trend and other trader research tools. Most of these features are in the browser-based PROfit trading platform which is available on web and mobile.
Pros:
- CySEC and FSCA regulated.
- Loss protection for first ten trades (*subject to T&Cs)
- Browser-based PROfit trading platform.
- Commission-free Retail and Professional trading accounts available.
Cons:
- No MetaTrader platform.
- No demo trading account.
