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FXGROW Forex broker specializes in providing foreign exchange trading services, the company's official website https://secure.fxgrow.com/login, the company's legitimate regulatory information CyprusCYSECMarket Maker (MM), to enhance the security of the company's address Arc. Makariou C 59 Steratzias Court Block A , Office 14, 4003 Limassol, Cyprus.

FXGROW Forex Broker

Basic information

Registered region
Cyprus
Operating period
--
Company Name
Growell Capital Ltd
Abbreviation
FXGROW
Company employee
--
Customer Service Email Address
support@fxgrow.com
Contact number
+35725211707
Company website
Company address
Arc. Makariou C 59 Steratzias Court Block A , Office 14, 4003 Limassol, Cyprus
Keywords
10-15 years
Regulated in Cyprus
Market Maker (MM)
White label MT5
High potential risk

Company profile

Note: FXGROW's official website - https://fxgrow.co/ is currently inaccessible normally.FXGROWReview SummaryFounded2008Registered Country/RegionCyprusRegulationCySECMarket InstrumentsForex, bullion, indices, cash energies, commoditiesDemo Account/LeverageUp to 1:100EUR/USD Spread0.6 pipsTrading PlatformMT4, MT5, FXGROW Web TraderMin Deposit$1Customer SupportTel: +357 25-211707Email: support@fxgrow.comSocial media: Twitter, Instagram, Linkedin, YouTube, FacebookAddress: 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.Pros and ConsPros Cons Regulated by CySECInaccessible websiteDiverse tradable instrumentsDeposit and withdrawal fees chargedTight EUR/USD spreadsMT4 and MT5 supportedLow minimum depositPopular payment optionsIs 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)214/13WikiFX Field Survey WikiFX field survey team visited FXGROW's regulatory address in Cyprus, but we did not find its physical office.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❌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 PairSpreadEUR/USD0.6 pipsUSD/JPY1.3 pipsGBP/JPY2.8 pipsGBP/USD0.9 pipsUSD/CAD0 pipsTrading Platform FXGROW uses MT4, MT5, and FXGROW Web Trader as its trading platforms.Trading PlatformSupported Available Devices Suitable forMT4✔Web, PC, mobileBeginnersMT5✔Web, PC, mobileExperienced tradersWeb Trader✔Web/Deposit and Withdrawal FXGROW supports several types of payment options, but it charges certain amounts of fees depending on the types of payment methods. DepositDeposit OptionsAccepted CurrenciesFeesMin DepositProcessing TimeVISAUSD/EUR1.9% - 2.9%$1AutomaticMasterCardNeteller❌SkrillBank Wire$1002-5 days WithdrawalWithdrawal OptionsAccepted CurrenciesFeesMin WithdrawalProcessing TimeVISAUSD/EUR2 EUR$10AutomaticMasterCard2EURNeteller3.9%Skrill2.9% + 0.28/0.27Bank WireVaries depending on the bank$1002-5 days

Rating Index

ECN

Minimum Deposit
$100

ECN-PLUS

Minimum Deposit
$1,000
How to log in to FXGROW ?

  

fxgrow Complete Account Guide: Registration, Account Opening, and Login Processes

  

Part One: Account Registration Process

  

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Latest Reviews

洪霖

洪霖

New Zealand

FXGROW is a reliable foreign exchange company from the outside. It has been established for several years and has a reliable regulatory license. But it is not! There are too many scammers in the foreign exchange industry, and it is really difficult to identify them.

Neutral

2023-02-20

噯緈緈

噯緈緈

United Kingdom

I don't think the companies regulated by CYSEC are reliable. I have seen several companies that are effectively regulated by it, but this does not stop them from bluffing and deceiving.

Positive

2023-02-16

海燕82268

海燕82268

Hong Kong

The trick of fraud platform is let you withdraw a little money first and then you should upload you card again because of system maintenance, pay margin for wrong card number, pay tax. Let you fall into the trap step by step. I’m one of the victims. You should call the police.

Exposure

2020-10-30

FXGROW Forex Broker has an overall rating of 6.19, Regulatory Index 6.67, License Index 6.32, Business Index 8.21, Software Index 8.84 Risk Control Index 0.00.