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...
Tags:Forex BrokerBasic 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
- 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.
- 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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