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FxGrow

Tradomatix TrustScore™:

2.86

(14 Reviews)

5-star

50.00%

4-star

0.00%

3-star

0.00%

2-star

0.00%

1-star

50.00%
Replied to 36.36% of reviews
Typically replies within 4986.81 hours

About FxGrow

FxGrow is a CySEC-regulated broker offering STP and ECN execution on MetaTrader 4, web, and mobile platforms. The product lineup includes CFDs across indices, commodities, and energies, along with three currency pairs. Leverage is available up to 1:300, with variable spreads and a commission of 4.0. The broker supports hedging and scalping, and provides both demo and swap-free account options. Minimum deposit starts at 100, and accounts can be denominated in USD, EUR, or PLN. API access is available for integration, complementing MT4’s automated trading capabilities. Trade sizes range from 0.01 to 50 lots. Funding is supported through a wide range of methods, including bank transfers, cards, and several e-wallets. These features provide a range of options for discretionary and algorithmic traders operating on standard MT4 infrastructure under CySEC oversight.

Regulation & Security

FxGrow is regulated by CySEC in Cyprus. The firm operates within this regulatory framework, which defines requirements for client activity and operational practices under the supervision of the national financial authority.

Account and Setup

Accounts can be opened with a minimum deposit of 100 and support USD, EUR, and PLN as base currencies. A demo environment is available for testing, and a swap-free option is offered. Platform access includes MetaTrader 4, a web terminal, and mobile trading. Position sizing ranges from 0.01 up to 50 lots. Both hedging and scalping are permitted. The execution model includes STP and ECN.

Funding Options

Available funding methods include bank wire transfer, credit and debit cards, check and online check, and cash. E-wallet options include Moneybookers, Neteller, Skrill, and cashU. Western Union is also supported. These channels provide multiple routes for account funding across traditional and digital payment rails.

Bot & API Compatibility

FxGrow supports MetaTrader 4, enabling deployment of expert advisors (EAs) for automated trading. API access is available for custom integrations and connectivity. Hedging and scalping are allowed, supporting a broad set of algorithmic strategies. Web and mobile trading are provided for monitoring and manual intervention when needed. OCO orders are not available.

Trading Conditions& Restrictions

Leverage is available up to 1:300 with variable spreads and a commission of 4.0. The broker operates an STP/ECN model. Minimum trade size is 0.01 lots and the maximum is 50 lots. Tradable markets include CFDs on indices, commodities, and energies, along with three currency pairs. Both hedging and scalping are permitted. OCO orders are not supported, which may affect certain order-management approaches.

FxGrow Reviews

( 14 )

FxGrow Reviews

( 14 )

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