GROWFX Forex Broker provides real users with * positive reviews, * neutral reviews and 1 exposure review!
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Dear Team, I have open account in GrowFx Trade. And invest total 50000 INR rupees. They was trade and make a profit. When I was placed request for withdrawal so, they was send mail to pay GST & TAX. I have also pay GST TAX (Screen shot of mail attached in this). But still they have not credited my amount in my bank.
In 2025, GrowFX continues to generate mixed reviews among traders. The broker claims to offer a diverse range of trading instruments, including forex, stocks, commodities, indices, and cryptocurrencies. However, significant concerns have been raised regarding its lack of regulation, high minimum deposit requirements, and non-functional website, which collectively cast doubt on its legitimacy.
Note: It's important to highlight that there are different entities operating under the GrowFX name across various regions, which can lead to confusion. This review aims to provide a balanced overview based on available information to ensure fairness and accuracy.
| Category | Rating (out of 10) |
|---|---|
| Account Conditions | 4 |
| Tools and Resources | 5 |
| Customer Service and Support | 3 |
| Trading Setup (Experience) | 4 |
| Trustworthiness | 2 |
| User Experience | 3 |
We assess brokers based on a combination of user reviews, expert analyses, and factual data.
Founded approximately 2-5 years ago, GrowFX operates out of Australia but lacks valid regulatory oversight from recognized authorities. The broker offers trading through the MetaTrader 5 platform, which is popular among traders for its advanced features. However, the absence of a robust regulatory framework raises significant concerns about fund safety and ethical practices. The minimum deposit to open an account with GrowFX starts at $2,000, a figure that is notably high compared to many competitors in the market.
Regulatory Regions:
GrowFX is registered in Australia but operates without any valid regulatory oversight, which is a
