GrowPro Markets Forex Broker

Basic Information Registered Countries United Kingdom Regulation No License Minimum Deposit 250 euros Maximum Leverage 1:200 Minimum Spread 2 pips Trading Platform MT4, WebTrader Trading Assets Forex, Cryptocurrencies, Shares, Indices, Commodities, Precious Metals Payment Methods Wire transfer Customer Support Email, Suppor General Information GrowPro Markets is an offshore broker registered in the United Kingdom, provding their clients access to a series of trading instruments, including Forex, Cryptocurrencies, Shares, Indices, Commodities, Precious Metals. The minimum deposit required to trade with GrowPro Markets is 250 euros and the trading leverage that can be used is up to 1:200. GrowPro Markets is not subject to any regulation to operate illegally. And thats why WikiFX has given this broker a very low score of 1.03/10. Please be aware of the risk. Market Instruments Clients are provided access to six classes of trading assets, including Forex, Cryptocurrency, Shares, Indices, Commodities, Precious Metals, all available through this brokerage platform. Account Types Standard, Bronze, Silver, Gold, Platinum, and Diamond accounts are available options for both retail and professional clients. The minimum deposit amount specifies the account type, with the Standard account from 250 euros, the Bronze account from 2500 euros, the Silver account from 10,000 euros, the Gold accounts from 50,000 euros, the platinum accounts from 200,000 euros, and the Diamond accounts from 500,000 euros. Spreads & Commissions GrowPro Markets offers a zero-commission trading environment, with spreads calculated only. Average spreads offered by six types of trading accounts start from 2 pips, 1.8 pips, 1.2 pips, 1 pips, 0.8 pips, and 0.2 pips, respectively. Leverage When it comes to leverage, GrowPro Markets provides its customers with access to 1:200, which is greater than the levels regarded appropriate by many regulators, with the maximum leverage for major currencies up to 1:30 in Europe and Australia, and 1:50 in the United States and Canada. Since leverage can amplify both gains and losses, it can result in devastating losses for investors who lack experience. If you're just starting out in the trading world, it's best to stick with the lower size, no more than a 1:10. Trading Platform GrowPro Markets offers a simple web-based platform. Here is the screenshot of this platform: Honestly, this web trading platform has nothing to do with the MT4 platform which is far more advanced. Payment Methods The minimum deposit ranges from 250 euros for a Standard account up to 500,000 euros for a Diamond account. GrowPro Markets support bank wire transfer deposits only. However, beware that wire transfers are virtually final and irreversible. Paying with credit cards, on the other hand, allows you to file for a charge back up to 540 days after a transaction. Customer Support Clients who have any inquiry or trading-related issues, they can get in touch with this broker through the following contact channels: Telephone: INFO@GROWPROMARKETS.INFO Email: +447360538455 Risk Warning Trading leveraged products such as forex, cryptocurrencies and derivatives may not be suitable for all investors as they carry a high degree of risk to your capital. Please ensure that your fully understand the risks involved, taking into account your investments objectives and level of experience. The information presented in this article is intended solely for reference purposes. Pros & Cons Pros Cons Generous leverage up to 1:200 No regulation Multiple trading accounts available Anonymous website High spreads & minimum deposits Limited payment methods Weak trading platform Frequently Asked Questions What trading instruments can I trade with on GrowPro Markets？ GrowPro Markets offers access to Forex, Cryptocurrencies, Shares, Indices, Commodities, Precious Metals. What is the minimum deposits required by GrowPro Markets？ The minimum deposit required to trade with GrowPro Markets is 250 euros. What is the maximum leverage available？ The maximum trading leverage that is available on the GrowPro Markets platform is up to 1:200.