FxGrow Review

FxGrow Logo

FxGrow is an online trading broker that has been in operation since 2008, serving retail and institutional clients in more than 100 countries. The broker provides traders with both the MT4 and MT5 trading platforms, which have remained the top-rated trading platforms amongst forex and CFD brokers. Their services include online trading of multiple tradable assets, such as forex, indices, commodities, metals, energies, CFDs, futures, and cryptocurrency. They offer favorable trading conditions; little wonder they have bagged multiple industry awards over the years, including the Best Liquidity Provider of the year 2018, the Best Broker of the year 2012, and many more.

FxGrow Review Broker Awards & Recognitions
FxGrow Review Broker Awards & Recognitions

FxGrow Review Introduction

In this FxGrow review, we will take a look at some of the most important factors worth considering when choosing a forex broker for your online trading needs. This includes trading platforms, trading tools, research and education, account funding options, customer support, and broker regulation.

You may also wish to view my best forex brokers based on countless hours that I have spent researching and testing hundreds of brokers, all of which you can see in my forex broker reviews. You can also use my free trading tool to compare forex brokers including FxGrow.

FxGrow Platforms & Tools

FxGrow gives its clients access to trade the multiple assets that they offer through the MetaTrader 4 and MetaTrader 5 trading platforms. The platforms were developed by the Russian software company, MetaQuotes, and has remained the “Gold Standard” platform for online forex and CFD traders. They have an intuitive yet user-friendly interface, with some advanced analytical and trading tools.

FxGrow Review MT4 & MT5 Platform
FxGrow Review MT4 & MT5 Platform

The broker provides the MT4/MT5 trading platforms as desktop applications for Windows and Mac computers, a web version that can run directly on modern web browsers without needing any downloads or installations, and a mobile app that is compatible with Android and iOS devices. The mobile app can be downloaded from the relevant app stores, and it allows traders to manage their accounts and place trades from anywhere in the world, provided there is an internet connection.

Clients also benefit from extra trading tools that come in addition to those built into the provided trading platforms. They include Trading Central, Calculator, Economic Calendar, Trading Signals, Trading Insights, and more.

FxGrow Research & Education

FxGrow clients can take advantage of the educational resources on the broker’s website to improve their trading knowledge. The available educational materials are daily analysis, research platforms, and newsletters.

FxGrow Review Daily Analysis
FxGrow Review Daily Analysis

FxGrow Trading Accounts

FxGrow offers a variety of live trading accounts. The accounts have a varying minimum required deposits as follows: ECN ($ 100), ECN-PLUS ($1,000), and ECN-VIP ($10,000).

FxGrow Account Funding

The following deposit and withdrawal methods are accepted at FxGrow:

  • Credit/Debit Card — such as Visa, MasterCard, Maestro
  • E-Wallets — including Neteller, Skrill, YandexMoney, QIWI
  • Bank wire transfer
  • Prepaid Cards — such as CashU

Some payment methods may not be available in some specific countries, while the transaction limits and processing time may vary, depending on the payment method.

FxGrow Customer Service

The customer support team is available 24/7 and can be reached via telephone, Live Chat, and social media.

FxGrow Regulation

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 Review Summary

FxGrow is a trading broker that is regulated by CySEC and offers multiple tradable assets for trading online through the MT4 and MT5 trading platforms. They also provide their clients with educational materials, trading tools, and client support teams to ensure a hitch-free trading experience. The broker has been honored with multiple industry awards over the years for its reputable brokerage services.

It is worth mentioning that some of the trading products and services in this FxGrow review may differ or not be available to traders in some countries due to regulations. As brokers’ terms can change over time, please verify all information is up to date directly from the FxGrow broker website which you can visit by using the link below.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A large percentage of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

FxGrow

7.1

Spreads

7.0/10

Liquidity

7.0/10

Commissions

6.5/10

Support

7.0/10

Regulation

8.0/10

Features

  • MT4 and MT5 trading platforms
  • A wide variety of trading instruments across different asset classes
  • Some useful educational materials and trading tools to aid traders