FXGM

Admin July 14, 2024

Summary

FXGM is an online trading brokerage firm that is based in Cyprus. They have two separate entities. FXGM.com provides services to the EU countries under the regulation of CySEC. Their other entity FXGM.za operates in South Africa being regulated by FSB and FSCA.

Regulated

Meta Trading Softwares Used

Profit, Web Profit, Mobile Profit

Overall Rating

2/5

Reviews

Thabo
1/5

My trading account was doing well. Imanaged to generate just over 1800 dollars in profit in a few days, being an inexperienced trader as i am. But when i wanted to withdraw 530 dollars thats when my problem started. They couldn't process my withdrawal until their so called account manager by the name of Ivor misled me. I think they are a scam and i warn everyone else out there to think twice about fxgm

Amar
1.5/5

I have never visited their site but they keep calling and want me to "finish" my registration. I told them that I have never visited their site, or started a registration, and that I am not interested but they keep calling. I can only assume that they try to fraud people out of their money since no legitimate business would keep calling

Anthony Bonnette
2.3/5

The way these people come for you is overwhelming, i met a certain Mrs. Victoria, an investment broker Options, she did a very calculative math for me about how i could make triple of my capital, so i decided to go ahead and invest $540,000 of my hard earned sweat of 20 years in 7 accounts.I was able to withdrawal just $54, 000 at first and then i couldn’t get any of my initial capital back. I called then several time and also sent emails but all to no avail. I was referred to the above( www. RESCUEDIAL DOT COM ). who had recovered about 89% of my lost funds to me. I couldn’t believe at first that this was possible because i lost hopes in contacting anyone on the internet, but i guess not everybody is bad after all. I am a strong believer in the scriptures and i know my God is fighting for me already.

Sebastian
1/5

Please stay away. I bought and lost all the money in the buying. Literally. On the"spread" which is the money they take from every buy. They refused to refund the money that I spent, even though they took it all. That said, I take responsibility for this poor investment and have learned from the experience. Its a risky investment if you dont know what youre doing, which I didnt. They are doing the best they can, making money, and it seems they know how to do that at the expense of others. Also very good at selling. They kept telling me they were sending me messages with info so I could contact them and I never received any. I got a new account manager every other week, God knows why that is.. Just stay away if you want to keep your money and not lose it, unless you are super experienced and know exactly what you are doing. In that case I am sure there are better companies out there either way! There are better investment opportunities! I would not recommend this one.

June Olson
1/5

I pray Victoria and the rest are in jail by now. I was robbed of $1m last year. I went to the police but said they couldn’t do anything. I gave up and I started my life from the scratch. It was not easy for me. The depression caused a lot of health issue but I was reading through a review about Re t r i eve pro. I made a call on their site and within last week I got my lost coins back.

Ali Abubakar
1/5

Keeps calling and want me to open an account. Thay looks like scammers. Be aware.

Adolfo
1/5

This broker is very bad, they called me on the phone and they disrespected me, they make a very aggressive sale so that you can join them, it seems to me that the 5 protected operations are a scam

James
2.3/5

Avoid at all costs

Arun
4/5

Good broker trading almost a year now, have traded with a few brokers before, i believe this one is the cheapest in spread. also the customer service is good. had some issues regarding my main currency preference. it got sorted right away no hustle. i will keep trading with them

Noway
1/5

I used to work for FXGM. Believe, me, don't trust them. You will never make money with these guys

Mothupi
1.8/5

I have been trying to withdraw my money from FXGM account for almost a year, but I still don't have it. They keep sending me forms with every withdrawal request and money is not transferred after I have submit the forms. So be aware that you might never get your money back from this broker once it's in the FXGM trading account.

Steve
3.4/5

Perfect company. I made profit and I did withdraw in 12 hours Everything is okay

Steve
1/3

Beware friends & take the FPA warning extremely seriously. I've been ripped off twice on promised bonuses not coming through resulting in "convenient" margin calls. Admittedly I over-traded my account (because back then I did trade aggressively) BUT they failed very, very conveniently to fulfill their end of my deposit deal which would have anyway protected me from margin calls in both cases. Thereafter I closed and moved to AVATrader with no regrets to date (six months going strong).

Vlad
2/5

I was promissed 100% bonus but i did not revice it. They told me every single day that it will be ok but i stood like that for 1 month. After that i wanted mu money refunded and it has been 2 weeks an i stiil did not get my money. Be carefuul! They lie a lot!! Do not belive them!!!!

Neo
2/5

Fixed spreads are collected without slippage and HP claims customers, the rate is fixed at a later eventually will erase profits.

Patrick
4/5

I like everything about this broker…

Brain
1/5

scammed

Rifaat
1/5

Scammers - They will not let you withdraw your fund

Louis
3.4/5

I am truly thrilled with my experience…

Shvedov
4/5

I think they are one of the best brokers on the market.