FXGrow is a forex broker established in 2013, with its headquarters located in Cyprus. The platform offers clients trade execution, trading technology, and personalized customer service. It supports a variety of trading tools and analytical features to help traders make informed decisions.
Company Background
As a forex broker, FXGrow's domain was registered on June 29, 2009, with its corporate entity being Growell Capital Ltd, established on September 17, 2013, headquartered in Limassol, Cyprus. FxGrow's vision is to provide services by adopting and developing tools to meet customer needs and enhance investor performance. Since its inception, FxGrow has pursued innovation and service, offering a corresponding trading experience to customers worldwide.
Regulatory Information
FXGrow is regulated by the Cyprus Securities and Exchange Commission (CySEC), with a license number of 214/13.
Trading Products
FXGrow offers trading products including forex, cryptocurrencies, cash indices, contracts for difference (CFDs), energy, and metals.
- Forex is one of the world's largest financial markets, involving trading of various currency pairs. Investors can profit by buying or selling currency pairs, known for high liquidity and 24-hour trading time.
- Cryptocurrencies are digital assets, secured by cryptography for transactions and management. Investors pursue profit through trading cryptocurrencies, known for their high volatility and decentralized nature.
- Cash indices are indicators measuring the performance of specific markets or economic sectors, like the S&P 500 index. Investors can participate in market performance through cash index derivatives without directly purchasing the component stocks.
- Contracts for Difference (CFDs) are derivatives allowing investors to trade based on asset price movements without owning the actual asset. Investors can profit from CFDs by going long when prices rise or short when they fall, usually covering various asset categories like stocks, forex, indices, commodities, and cryptocurrencies.
- The energy market involves trading energy products (like crude oil, natural gas). Investors can participate in crude oil and other energy product markets through trading energy futures or CFDs.
- The metals market involves trading in precious metals (like gold, silver) and industrial metals (like copper, aluminum). Investors can participate in the metals market through trading metal futures or CFDs.
Trading Software
FXGrow offers two trading software options: MetaTrader5 and FXGrow Automated Trading.
MetaTrader5 (MT5) is a popular trading platform for trading multiple asset classes like forex, stocks, futures, and CFDs. The software includes numerous technical analysis tools, supports custom indicator and trading script writing, automated trading, and is compatible across multiple platforms and devices.
FXGrow Automated Trading is an automated trading solution provided by FXGrow, integrated with the MT5 platform. This software enables traders to use automated trading strategies without manual intervention. The system offers intelligent risk management tools, real-time monitoring and analysis, and an easy-to-use interface, facilitating traders to easily set up and manage their automated trading strategies.
Account Registration
The FXGrow official website provides a link for live account registration, as follows:
First, open the FXGrow official website and click "Register" at the top right corner of the page.
Then, complete the account registration by filling in the information as required.
Account Types
FXGrow offers three types of accounts: ECN, ECN-PLUS, and ECN-ELITE. The ECN spreads start from 1.1, while for ECN-PLUS and ECN-ELITE they start from 0.2; the commission for ECN is zero, whereas ECN-PLUS and ECN-ELITE have commissions of 8 and 6, respectively; the maximum leverage for ECN and ECN-PLUS is 1:30, while for ECN-ELITE it is 1:100.
Deposit and Withdrawal Methods
FXGrow supports multiple deposit and withdrawal methods, including but not limited to Visa, Mastercard, Maestro, NETELLER, Skrill, and Bank Wire Transfer. These diverse options can meet the needs of different traders, who may choose the payment method based on their individual requirements and preferences.
Customer Support
FXGrow supports various types of customer service, including phone support, email support, and online chat. Traders can contact the customer support team by phone at +357-25-211707 for direct and immediate assistance. Alternatively, they can send their questions or requests to support@fxgrow.com.
Summary
FXGrow, established in 2013 with headquarters in Limassol, Cyprus, is a forex broker that offers a variety of trading products including forex, cryptocurrencies, cash indices, contracts for difference, energy, and metals. It is regulated by the Cyprus Securities and Exchange Commission (CySEC) and offers three different types of trading accounts: ECN, ECN-PLUS, and ECN-ELITE. FXGrow provides MetaTrader5 and FXGrow Automated Trading as trading software, along with multiple deposit and withdrawal methods such as Visa, Mastercard, Maestro, NETELLER, Skrill, and Bank Wire Transfer. Regarding customer support, users can reach out via phone, email, and online chat.
Currently, FXGrow is marked as "Active" on TraderKnows.
