Forex Brokers

FxGrow

Founded in 2018, Fxgrow is headquartered in Cyprus and currently serves retail and institutional clients in over 100 countries.

Founded in 2018, Fxgrow is headquartered in Cyprus and currently serves retail and institutional clients in over 100 countries. In 2012, FxGrow's trade name - Growell Capital Limited was authorized by the Cyprus Securities and Exchange Commission (Regulatory Number: 214/13). Fxgrow is an award-winning broker, having won the title of "Best Execution Dealer" at Forex Expo 2012 Dubai, "Best Spreader" at Forex Expo Jordan 2012, and the title of "Best Spreader" at Forex Expo Jordan 2012, and Jordan 2018 The title of "Best Popularity Provider" by Forex Expo.

Security Analysis

Fxgrow is regulated by the first-level regulator - CySEC Cyprus, which means that investors' capital security and trading activities can receive certain protection. However, investors should pay attention to whether the account is opened under the supervision of CySEC to avoid capital loss.

Financial Instruments

Fxgrow provides investors with more than 60 foreign exchange currency pairs, 17 cash indices and commodities, 7 metals and energies, and 34 futures CFD products.

Account & Leverage

In order to meet the investment needs and trading experience of different investors, Fxgrow provides three different types of accounts, namely ECN account (minimum deposit of 100 US dollars), ECN-advantage account (minimum deposit of 1000 US dollars), and ECN- Elite Account (minimum deposit of $100,000). The trading leverage of the three accounts is 1:100.

Spread & Fees

EURUSD spreads for ECN accounts start from 1.1 pips, and no commission is charged for trades. The EURUSD spread for ECN-Advantage accounts starts from 0.2 pips, and Fxgrow charges a trading commission of $8 per lot. EURUSD spreads for ECN-Elite accounts start from 0.2 pips, and Fxgrow charges a commission of $6/lot for trades.

Trading Platform

Fxgrow provides traders with the world's leading MT5 trading platform. The MT5 trading platform has advanced charting technology and complex order management tools, which can help traders monitor positions quickly and efficiently. The powerful features of MT5 can enhance the trading experience of traders. All account types can use the trading platform, but there is a monthly MT5 VPS hosting fee of $15. In addition, Fxgrow also provides the Fxgrow automatic trading platform, which can help traders master their own accounts, analyze trading strategies, and make trading easier.

Deposits

Fxgrow supports traders to deposit and withdraw funds through a variety of methods, mainly VISA, MASTERCARD, Maestro (deposit fee is between 1.9% and 2.9%, withdrawal fee is 2 euros), Skrill (withdrawal fee is 2.9% + 0.28 EUR/USD), NETELLER (withdrawal fee of 3.9%), and wire transfer (minimum deposit of $100).

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