FxGrow Review

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Company Overview

FxGrow is an online brokerage firm that allows users to trade foreign exchange (forex) and contract for differences (CFDs) internationally. Registered with the Cyprus Investment Firm (CIF) and regulated by the Cyprus Securities and Exchange Commission (CySEC), FxGrow delivers innovative and reliable trading opportunities to traders. Its team of well-qualified and driven individuals adopts simple, creative, and practical solutions to bring forth a level of service not matched by any of its rival brokerage firms. Whether it is forex currency trading or CFD trading, FxGrow offers great value for money.

Trading Platform

When it comes to trading platforms, FxGrow offers its clients the option to choose from either the multi-award winning MetaTrader 4 or the reliable WebTrader. MetaTrader 4 is widely regarded as one of the best online trading platforms available in the market today as it offers a user-friendly interface with multilingual support. It provides an in-depth analysis of the market by making charts and blocks of data available to traders.

MetaTrader 4 also offers applications across all major mobile platforms including iOS, Android, and Windows Phone, which allows traders to keep themselves updated with the ever-changing landscape of the online trading business and make transactions while in transit.

The second of the two trading platforms is the WebTrader, which offers all of the benefits of MetaTrader 4 plus the added benefit that users don’t have to download or install anything. They can just log on and start trading within a millisecond.

FxGrow offers two account types to its users: ECN and ECN Plus. ECN requires an initial deposit $100 but promises leverage up to 1:200 with variable spreads starting from 0.8. On the other hand, ECN Plus calls for an initial deposit of $1,000 and promises leverage up to 1:200 with inter-market spreads. Both these accounts offer margin call at 50% and stop-outs at 30%.

Features

  • Direct market access
  • No dealing desk
  • Lowest spreads
  • Nanosecond order execution
  • Transparency in transactions
  • No requotes
  • No rejection of orders
  • Access to deep market liquidity
  • Segregated customer accounts
  • Reliable safety infrastructure
  • Leverage up to 1:200
  • 50% margin call
  • Trading central news and signals

Customer Support

The importance of customer satisfaction is not lost on the FxGrow team, which why it has such a potent and efficient customer support system integrated into its business module. Its website includes a live chat feature, which allows users to communicate with professional traders and expert advisors. This is a great opportunity for beginner traders as they can talk to experts and hone their strategies. Moreover, its website is available in English, Arabic and Polish so that more people can benefit from it. Furthermore, clients can register their complaints via mail, email, or phone.

Conclusion

FxGrow has one of the fastest growing clientele in the online trading business, and it’s easy to see why. It offers a simple interface, an efficient trading platform, great educational material, and eye-catching awards that are simply unmatched by any of its direct rivals and have in turn led to a rise in its popularity.

Office website: https://fxgrow.com/

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