Resumo:Founded in 2018, Fxgrow is headquartered in Cyprus and currently serves retail and institutional clients in over 100 countries. 2012, FxGrow's trading name, Growell Capital Limited, was licensed by the Securities and Exchange Commission of Cyprus (Regulation No. 214/13). Fxgrow is an award-winning broker, having won Best Execution Trader at the 2012 Dubai Forex Expo, Lowest Spread broker at the 2012 Jordan Forex Expo, the Best broker at the 2012 CIOT Forex Expo, and Best liquidity Provide at the 2018 Jordan Forex Expo.
General Information & Regulation
FxGrow is a brand name of Growell Capital, which was founded in 2008. Based and regulated in Cyprus, the broker serves both retail and institutional clients in over 100 countries. Growell Capital (FxGrow) is authorised and regulated by the Cyprus Securities and Exchange Commission (CySEC) with CIF license number 214/13.
Market Instruments
Fxgrow offers investors access to over 60 Forex currency pairs, 17 cash indices and commodities, 7 metals and energy, and 34 futures CFD products.
FxGrow Minimum Deposit
To meet the needs and trading experience of different investors, Fxgrow offers three different types of accounts: ECN Accounts (minimum deposit of $100), ECN-Plus (minimum deposit of $1,000), and ECN-Elite Accounts (minimum deposit of $100,000).
FxGrow Leverage
FxGrow complies with EU restrictions on flexible leverage and therefore offers a maximum retail ratio of 1:30 on FX majors, 1:20 on minors, gold and indices, and 1:10 on silver, commodities and energies. Professsional traders can apply the higher trading leverage of up to 1:100.
Spreads & Commissions
ECN accounts have a spread of 1.1 pips on EURUSD and no commission. ECN-Plus accounts have a spread of 0.2 pips on EURUSD, and Fxgrow charges a commission of $8 per lot. ECN-Elite accounts have a spread of 0.2 pips on EURUSD, and Fxgrow charges a commission of $6 per lot.
FxGrow Trading Platform
Fxgrow offers traders the world's leading MT5 trading platform, which features advanced charting technology and sophisticated order management tools to help traders monitor their positions quickly and efficiently. The power of MT5 enhances the trader's trading experience, and the trading platform is available for all account types for a $15 per month MT5 VPS hosting fee. Additionally, Fxgrow offers Fxgrow Automating Trading, which helps traders keep track of their accounts and analyze trading strategies to make trading easier.
Deposit and Withdrawal
Fxgrow supports traders to deposit and withdraw funds through various methods, mainly VISA, MASTERCARD, Maestro (deposit fees between 1.9% and 2.9%, withdrawal fees of 2 EUR), Skrill (withdrawal fees of 2.9% + 0.28 EUR/USD), NETELLER (withdrawal fees of 3.9%), and Wire transfer (minimum deposit of $100).
Customer Support
FxGrow offers dedicated live client support through the online chat service on the website. You can also get in touch over the phone by calling +357 25 211 707. The head office address is Arc. Makariou 59, Steratzias Court Block A, Office 14, 4003 Limassol, Cyprus.
Trading Hours
The trading week at FxGrow for forex and precious metals begins at 11:00 pm CET on Sunday and ends at 11:00 pm CET on Friday. Trading sessions for other CFD products depends on the market and underlying exchange rates. These can be found within the MT5 platform.
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