FXGM

  • Name:FXGM
  • Website:http://www.fxgm.com/
  • Location:Cyprus
  • Found in:2006
  • Regulation Authority:CySEC (Cyprus)
Editorial Rating:
2.36
Accept US Traders:
No

Fxgm.COM

FX Global Markets is a Cypriot investment firm specialising in the currency market through an electronic medium. Founded in 2006 and fully regulated by CySEC (Cypriot Securities & Exchange Commission), this online Forex broker is headquartered in Nicosia, Cyprus, and an active member of the industry with clients in various locations worldwide.

FXGM.com’s Special FX:

One of the most significant features of FXGM’s online platform is their teaching provisions. Instead of presenting aspiring traders with reams of technical information and pointing them in the direction of financial success without such much as a helping, FXGM take a different approach.

Through a series of exclusive seminars, FXGM uses a combination of articles, talks, presentations and slideshows to give members and non-members and complete overview of the Forex market. The face-to-face interaction with industry experts gives novice investors the ability to ask as many questions as they like.

Moreover, the seminars serve as a fantastic networking platform for users to forge professional relationships that they can benefit from in the future.

The final benefit of attending the FXGM seminars is that they hand out special bonuses to everyone who took part. Only available upon completion of a seminar, these bonuses are designed to make it easier for traders to put their newfound skills into practice.

The Essentials:

FXGM uses two main trading platforms: MetaTrader 4 and PROfit. For novice and intermediate users the MT4 platform is an easy to use system that provides enough technical data to make profitable trades.

For users who require slightly more functionality and an interface that allows advanced charting analysis, PROfit is available as an alternative software option.

Whichever platform a user wish to use they will be able to take advantage of two FXGM accounts:

Standard Account:
Minimum account size = $100
Minimum position size = 0.1 lot
Fixed spread from 3 pips on major currency pairs such as EUR/USD
Expert advisors    Allowed
Leverage = 1:400
Digits after the comma = 4
Margin call level = 30%
Minimum distance to stop or limit orders = 15 pips
Number of currency pairs = 120 (including 16 exotics)
(Additional account features: Hedging, trailing stop, pending orders, one-click trading as well as mobile and automated trading.)

VIP Account:
Minimum account size = $10,000
Minimum position size = 0.1 lot
Fixed spread from 3 pips on major currency pairs such as EUR/USD
Expert advisors    Allowed
Leverage = 1:400
Digits after the comma = 4
Margin call level = 30%
Minimum distance to stop or limit orders = 15 pips
Number of currency pairs = 120 (including 16 exotics)
(Additional account features: Hedging, overnight interest rates (swaps), trailing stops, pending orders, one-click trading as well as mobile and automated trading.)

Risk Disclosure: fxBrokerSearch.com will not be held liable for any financial loss or damage caused by users acting upon any information contained within this website, not limited to and including: all numerical data, quotes, charts and buy/sell signals. Moreover, please be advised that Forex trading is one of the most volatile investment forms in the world and all trades should be placed with full consideration of the risks and costs.

fxBrokerSearch.com does not support nor encourage the execution of any investments. Trading with a margin is high risk endeavour and not suitable for everyone, therefore, each investor should carefully consider all relevant trading conditions, such as experience, risk and cost, before taking part in any type of trading, including Forex.

While every effort has been made to ensure all our data is as accurate as possible, fxBrokerSearch.com cannot be held responsible for any prices that are not in line with real-time data. Indeed, the currency exchange market is constantly changing and all CFDs (stocks, indexes, futures) and Forex prices are set by market makers.

This means advertised prices may not be accurate and could differ from the actual market conditions. For this reason it is not appropriate to rely on any data presented by fxBrokerSearch.com for the purposes of trading.

Based on these conditions, fxBrokerSearch.com will not be held responsible for any losses incurred through trades conducted in light of data presented on this site.