Forex Broker

FxGrow

FxGrow is a Forex company that provides individual and institutional traders with everything they need to trade smarter. It is a global liquidity provider with the low...

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Basic Information

Full Company Name: FxGrow (Growell Capital Ltd)
Country: Cyprus
Founded: 2008
Minimum Deposit: $100
Trading Platforms: MetaTrader 4 (MT4), MetaTrader 5 (MT5), FxGrow WebTrader
Minimum Trade Size: 0.01 lots
Business Model: ECN/STP
Deposit Methods: Supports multiple funding options, including credit cards, debit cards, bank wire transfers, and e-wallets (such as Skrill, Neteller)
Server Time Zone: GMT+2 (Daylight Saving Time applicable)
Email: [email protected]
Phone: +357 25 212540
Headquarters Address: 50 Spyrou Kyprianou Avenue, Irida 3 Tower, 2nd Floor, Larnaca, 6057, Cyprus

Regulatory Information

  1. Cyprus Securities and Exchange Commission (CySEC)
    • License Number: 214/13
    • Regulatory Details: FxGrow, under Growell Capital Ltd, is regulated by CySEC, ensuring its operations comply with EU financial regulations.
  2. International Financial Services Commission (IFSC) Belize
    • License Number: IFSC/60/283/TS/19
    • Regulatory Details: FxGrow is regulated by IFSC, ensuring its operations in international markets are legal and compliant.

Account Types

Account Type Standard Account ECN Account VIP Account
Minimum Deposit $100 $1,000 $100,000
Spreads From 1.2 pips From 0.2 pips From 0.0 pips
Commission None $8 per lot Negotiable
Tradable Instruments Forex, Metals, Indices, Commodities Forex, Metals, Indices, Commodities Forex, Metals, Indices, Commodities
Trading Platforms MT4, MT5, FxGrow WebTrader MT4, MT5, FxGrow WebTrader MT4, MT5, FxGrow WebTrader
Leverage Up to 1:500 Up to 1:500 Up to 1:500
Order Execution Market Execution Market Execution Market Execution
Swap-Free Option Available Available Available
Hedging Margin 50% 50% 50%
Margin Call Level 50% 50% 50%
Stop-Out Level 20% 20% 20%
Minimum Trade Lot Size 0.01 lots 0.01 lots 0.01 lots
Maximum Trade Lot Size 50 lots 50 lots 50 lots
Maximum Number of Positions No limit No limit No limit

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