FxGrow review (2021)

fxgrow review

FxGrow LTD is a brand name of Growell Capital limited that was founded in 2008. FxGrow provides reliable services to all retail and institutional clients in over 100 countries. FxGrow offers trading instruments such as Forex, Indices, Metals, Energies, Futures and commodities. FxGrow is authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC).

Security

FxGrow is a member of the Investors Compensation Fund (ICF), in the event that the Company is unable to meet its obligations, eligible clients may be entitled to compensation from the ICF. Client funds are also kept in segregated accounts from the company funds in reliable financial institutions.

Trading Platforms

FxGrow provides a Metatrader 5 (MT5) platform along with Automated Trading.

FxGrow trading platform

MT5-Computers

  • Intuitive interface makes it easy to use
  • Trade with multiple order types
  • Multiple charting and analytical capabilities
  • News feeds directly into the platform itself
  • Support for custom technical indicators
  • Ability to use Expert Advisors for automated trading
  • Trailing stop loss facilities
  • Real time information including account summary, equity, P&L, etc
  • Multilingual support

MT5-iOS

  • User friendly interface
  • Real time quotes of financial instruments
  • Support for all execution modes and order types
  • News feeds directly into the platform itself
  • Support for custom technical indicators
  • 30 technical indicators available for use
  • Access to trading history
  • Multiple languages supported

MT5-Android

  • User friendly interface
  • Trade with multiple order types including pending orders
  • Real time quotes and interactive charts
  • Ability to trade directly from charts
  • Support for all execution modes
  • Numerous technical indicators
  • Set stop-loss and take-profit levels
  • Access to trading history

Accounts

  • ECN 
  • ECN-Plus
  • ECN-Elite

Analysis

  • Economic Calendar
  • Trading Central
  • Trading Hours
  • Calculator
  • Daily Analysis

Costs 

FxGrow offers variable spread from 0.2 pips, maximum leverage of 1:100 and minimum deposit of $100 to open an account. Deposit/withdrawals can be made via bank transfer, visa/mastercard, skrill, webmoney, neteller and other e wallets. 

Customer Support

FxGrow provides multilingual customer support 24/5 via live chat, email and telephone. 

Regulation

FxGrow is authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC).

Conclusion

FxGrow provides reliable trading services that suit all types of traders across the world. FxGrow offers an ECN, ECN-Plus and ECN-Elite accounts with variable low spread, maximum leverage of 1:100, and minimum deposit of $100 to open an account. FxGrow is a member of the Investor Compensation Fund that covers all eligible clients’ claims, in the event that the company fails to meet its obligation. FxGrow is authorised and regulated by the Cyprus Securities and Exchange Commission (CySEC).

Rating: 4 stars

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