Item: FxGrow
Rating: 6.2

Deposit and Withdrawal

6.1

Average

Features

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Q&A

Can I use scalping here?

Karl Stromso

Mayotte

Nov 13, 2022

ANSWER FxGrow is a brand name of Growell Capital, a company authorized and regualted by multiple regulatory bodies, including:1) The Spain National Securities Market Commission (CNMV) with license number 3755;2) The Cyprus Securities and Exchange Commission (CySEC) under regulation number 214/13;3) The Federal Financial Supervisory Authority (BaFin) with a BaFin ID 10138982;4) The Vanuatu Financial Services Commission (VFSC) under license number 40308;5) The Bank of Lithuania (LBE).As for the question you asked, we recommend that you ask the official customer services directly for a more accurate answer. For more details on this broker, please check our full FxGrow review.

Hello! Can I get some regulatory information about FxGrow plz?

Overview

Trade Forex with Confidence

We thrive by turning challenges into opportunities,and this will continue to propel us forward.

Why FxGrow?

Free Daily Market Analysis; 24/5 Support; Secure & Trusted; Negative Balance Protection; Transparent & Straighforward

Transparent and Straightforward

Thousands of Traders, Hundreds of Partners cannot go Wrong, They Have Chosen FxGrow to Invest in the Financial Markets

Awarded as best execution broker. Awarded as best liquidity provider. Deep liquidity & orders executed in > 10ms.

LD4 & TY4 Equinix data center. Negative Balance Protection. 160+ Trading Instruments.

No last look” execution. Trade with no hidden fees or markups. Aggregated prices from tier banks & non banks.

FxGrow Mission and Vision

Our mission is to build an exceptional relationship with our retail and institutional clients by granting access to top tier prime brokerage and liquidity pools. This can be achieved due to our partnership with the most leading technology providers “Metaquotes and PrimeXM”, by adopting their technologies to insure an ultra-low latency network through FIX API along with MT5 gateway.

Our vision is to provide high standard services by adopting and developing the most up-to-date tools to ensure the best trading conditions. Fxgrow has spread its growth and never stood still. Our aim is to satisfy the needs of our clients, providing them with cutting edge technologies, and continually improving our investors’ performances.

Company license & crossborders

FxGrow is a brand name of Growell Capital, which is authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC) with (CIF) license no. 214/13
FxGrow is also governed by directives set out by MiFID. European Union: MiFID, Markets in Financial Instruments Directive
Greece: HCMC, Hellenic Capital Market Commission Ref.: 2703
Spain: CNMV, La Comisión Nacional del Mercado de Valores Ref. number: 3755
Hungary: MNB, Magyar Nemzeti Bank Ref. number: K8800582
Norway: FINANSTILSYNET, The Financial Supervisory Authority of Norway Ref. NCB 342
France: ACPR, BANQUE DE FRANCE EUROSYSTEME License number: 74965
Poland: KNF, Polish Financial Supervision Authority Ref. number: 2590060
Germany: BaFin, Bundesanstalt fur Finanzdienstleistungsaufsicht Ref.: WA37-K 5000-138982-2014/0001
Sweden: FI, Finansinspektionen Ref. number: 14-10518

Overall Score

6.2

23 Reviews

Cost 6.3

Platforms 6.2

Deposit & Withdrawal 6.1

Customer Support 6.3

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Daniel Davis

7-12 months Luxembourg

great broker, really. very low spreads, a lot of investment instruments, very good support.

Dec 26, 2023

fekingpissedoff

7-12 months Saipan

Spreads are lower compared to my previous broker and did not get any re-quote even in fast moving market conditions.I choose them for ECN trading in currencies and metals.

Dec 21, 2023

Rustam

7-12 months Belize

my friend introduced me to FxGrow.I started in their ECN Plus account and within 5 months now i trade more than 50 lots per week with high amount of profits.I am holding 2 ECN Plus accounts with them with Capital of 250,000 USD in them at present.The best part in trading with FxGrow is their speedy withdrawal process and the reliable trades in ECN environment.

Dec 15, 2023

Haya Shakeel

7-12 months Finland

Slippages occur often even when volatility is low. They close profitable trades with delay and worse than requested. For last two weeks I had a number of trades opened in wrong direction. But what is the most crucial, both stop-losses and breakevens were closed with gap!! Different days, volumes, time, but all with gap. Rather interesting liquidity providers they have, than my lost trades result in gap. Too many such cases to be just a conicidence. Or is it just "homemade providing" of liquidity by the broker itself?! So they just eat deposits

Dec 11, 2023

Boumans

7-12 months Guinea-Bissau

This broker is good as i was able to withdraw my profits in the same day and they also helped me in my trades with the technical analysis updates on time.

Dec 07, 2023

Jocelle

1-3 years Missoula

I have been trading with FxGrow for 1 year using my own Price action trading system and over this time i made substantial profits due to best execution of my trades.I never get any off-quotes during this time and my trades are executed at the best available prices.I deposited 12000USD with them and now i am running account with 18000USD in them.

Dec 04, 2023

Antonio

0-6 months Nepal

I found this broker after searching for ECN Forex brokers. Joined them 5 months back and since then i am trading with FxGrow.I like trading with them as the spreads are lower than other brokers.

Nov 29, 2023

GeneRod

0-6 months Nepal

I started ECN trading way back in 2010 but at that time the brokers had slippages and recently i came across FxGrow and tried their ECN trading for some months.No slippages and the rates are very low near Inter-bank prices.With 3 withdrawals already done i will recommend this broker for ECN traders.

Nov 23, 2023

crazyone

0-6 months Belgium

I choose to trade with them as they allow to trade using my custom EA and as i am using VPS service it was best choice for me.

Nov 17, 2023

John V

1-3 years Malaysia

FxGrow is reliable broker as i have been trading with them for over 1 year now. Withdrawals are also done easily and i am able to manage my trading from any locations thanks to the Net-station that they offer for web based trading.

Nov 13, 2023

1-10 of 23 comments

FxGrow

Deposit and Withdrawal

Related Complaints

Can I use scalping here?

Hello! Can I get some regulatory information about FxGrow plz?

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