FxGrow Review 2021
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| Trade forex, CFDs and futures with leading tools and low minimum deposits. | ||
FxGrow is a multiple award-winning broker that offers traders Forex, CFDs, futures. Interestingly, FxGrow supports the MetaTrader5 trading platform, but not the hugely popular MetaTrader4 predecessor at this point.
In terms of features offered to traders, FxGrow has Demo Accounts, Islamic Accounts, Signals and Auto Trading but is missing Social Trading.
FxGrow is regulated, but not by the FCA here in the UK. While this is not necessarily an issue, very careful traders might want the extra safety of using an FCA-regulated broker.
FxGrow Summary
Trade forex, CFDs and futures with leading tools and low minimum deposits.
Ratings
| Bonus | None |
|---|---|
| Instruments | Forex, CFDs, futures |
| Demo Account | ✓ |
| Min. Deposit | $100 |
| Min. Trade | 0.01 lots |
| Regulated By | CySEC |
| MetaTrader 4 | ✗ |
| MetaTrader 5 | ✓ |
| cTrader | ✗ |
| DMA Account | ✗ |
| ECN Account | ✗ |
| Mobile Apps | ✓ |
| Auto Trading | Yes (EAs) |
| Trade Signals | ✓ |
| Social Trading | ✗ |
| Copy Trading | ✗ |
| Islamic Account | ✓ |
CFD Trading
Start trading CFDs across the financial markets with 1:30 leverage.
| Leverage | 1:30 |
|---|---|
| FTSE Spread | Not offered |
| GBPUSD Spread | 0.5 |
| Oil Spread | Floating |
| Stocks Spread | Floating |
Forex Trading
FxGrow is a leading forex provider offering tight spreads.
| GBPUSD Spread | 0.5 |
|---|---|
| EURUSD Spread | 0.3 |
| EURGBP Spread | 0.5 |
| Assets | 60+ |
Payment Methods
FxGrow accepts the following payment methods:
- Skrill
- Webmoney
- Credit Card
- Mastercard
- Visa
- Wire Transfer
- QIWI
- Cashu
Awards
FxGrow is a multiple award-winning broker, with 5 awards received so far.
- Best Liquidity Provider 2018 - Jordan Forex Expo
- Best Broker 2012 - CIOT Forex Expo
- Best International Broker 2012 - South Africa Forex Expo
- Best Education Broker 2012 - Dubai Forex Broker
- Lowest Spread & Fastest Execution 2012 - Jordan Forex Expo
FAQ
Is FxGrow Safe?
Yes, most likely, as we gave FxGrow a trust score of 50% in this review. The main negative factor in this score is that FxGrow is not FCA regulated. However, very careful traders might want to find an alternative in our top list of UK brokers.
Does FxGrow Accept PayPal?
No, FxGrow does not accept PayPal payments.
Is FxGrow Halal?
Yes, FxGrow does offer an Islamic trading account and should thus be Halal to trade with.
What trading platforms does FxGrow support?
FxGrow only supports the MetaTrader 5 trading platform at this time.
Is FxGrow Regulated?
Yes, FxGrow is regulated by CySEC.
The fact that FxGrow is not regulated by our own FCA will be a concern to the most careful traders. See our list of FCA regulated brokers for options.
FxGrow vs Other Brokers
If you want to compare FxGrow with other brokers, use the detailed comparisons below.
- Colmex Pro vs FxGrow
- FxGrow vs Atiora
- FxGrow vs Corsa Capital
- FxGrow vs Degiro
- FxGrow vs Fusion Markets
- FxGrow vs GKFX
- Larson & Holz vs FxGrow
- ProfitiX vs FxGrow
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| Trade forex, CFDs and futures with leading tools and low minimum deposits. | ||