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FXGM
FXGM Broker Overview
Here is every key fact about FXGM in one table — regulation, contact details, deposit rules, leverage, spreads, platforms and account features.
| Feature | FXGM |
|---|---|
| Broker name | FXGM |
| Foundation year | 2014 |
| Headquarters | FX Global Markets (FXGM)Artemisia Business Center14 Charalambou Mouskou 2014,Strovolos Nicosia, Cyprus - See more at: |
| Country | Cyprus |
| Telephone | +357 22 030 082 |
| Email / Skype | info@fxgm.eu |
| Fax | +357 22 766 333 |
| Regulated by | Cysec (license no. 161/11) |
| Type of broker | NDD, ECN. |
| Min. deposit | $100 |
| Max leverage | 1:500 |
| Min. spreads | 0.0 |
| Funding methods | Skrill, nettler, wire transfer, credit card, JCB, American Express, CashU |
| Withdrawal methods | Skrill, nettler, wire transfer, credit card, JCB, American Express, CashU |
| Base currencies | USD |
| Languages | English, Chinese, Indonesian, French, Japanese |
| Trading platforms | MetaTrader 4 (MT4) |
| Web trading | ✓ Yes |
| Mobile trading | ✓ Yes |
| News trading | ✓ Yes |
| Hedging & scalping | ✓ Yes |
| Free demo account | ✓ Yes |
| Mini accounts | ✓ Yes |
| VIP accounts | ✓ Yes |
| Managed accounts | ✓ Yes |
| Segregated accounts | ✓ Yes |
| Islamic accounts | ✓ Yes |
| Swap free accounts | ✓ Yes |
| No deposit bonus | ✗ No |
| Promotion | Yes |
In simple words: traders get MetaTrader 4 (MT4), spreads from 0.0, leverage up to 1:500 and a $100 minimum deposit. New clients can also check the current Yes.
Is FXGM Safe? Regulation and Company Details
FXGM is a regulated broker. Cysec (license no. 161/11). The broker says client money is kept in segregated accounts, separate from company funds.
Regulation
Cysec (license no. 161/11)
Head office
FX Global Markets (FXGM)Artemisia Business Center14 Charalambou Mouskou 2014,Strovolos Nicosia, Cyprus - See more at: (Cyprus)
Client funds
Client money is held in segregated accounts, apart from company funds.
Track record
In business since 2014. Support is reachable by phone and email.
Tip: Always check the licence number on the regulator's own website. Offshore regulators do not offer the investor compensation schemes or leverage caps of top-tier regulators such as the FCA or CySEC, which is why leverage here can reach 1:500.
FXGM Trading Conditions
Spreads and commissions
FXGM spreads start from 0.0. Raw-spread style accounts usually charge a small commission per lot, while commission-free accounts have wider spreads. If you trade often or scalp, the raw option is usually cheaper.
Leverage
Maximum leverage reaches 1:500, depending on the account type and the instrument you trade. High leverage lets you open bigger positions with less margin, but losses grow just as fast.
Trading platforms
MetaTrader 4 (MT4)
Desktop platform
Trading styles allowed
Hedging, scalping and news trading are allowed — good news for short-term traders. Web and mobile trading are available.
This FXGM review covers regulation, fees, platforms and bonuses.
Official website: FXGM
FXGM Account Types
FXGM offers several account options so both beginners and experienced traders can find a fit. Live accounts start from a $100 deposit.
Free demo account
Practise with virtual money and test strategies risk-free.
Mini accounts
Smaller trade sizes and a low entry cost for beginners.
VIP accounts
Tighter pricing and priority service for larger balances.
Managed accounts
Let a strategy provider or money manager trade for you.
Segregated accounts
Client funds are kept apart from company money.
Islamic / swap-free
No overnight swap charges, in line with Sharia principles.
You can open accounts in these base currencies: USD. Choosing the currency you spend in helps you avoid conversion fees.
Deposits and Withdrawals at FXGM
FXGM supports the same methods for funding and withdrawals. Withdrawals normally go back to the method you used to deposit.
E-wallets are usually the fastest. Bank wires take longer and your bank may charge a fee. Finish identity verification (KYC) early so your first withdrawal is not delayed.
FXGM Bonus and Promotions
Bonuses are a big reason traders search for FXGM. Availability depends on your country and the account type.
- Yes — the current promotion for FXGM clients. Check the volume rules before you claim it.
How bonus credit really works
- Bonus credit is used as margin; it usually cannot be withdrawn directly.
- Profits made with the bonus are yours, but a minimum trading volume often applies first.
- Withdrawing money early can remove part or all of the bonus.
- Bonuses are not offered in every country or on every account type.
Bonus terms change often. Always read the latest rules on the official FXGM website before accepting any offer.
FXGM Pros and Cons
Pros
- Regulated: Cysec (license no. 161/11)
- Yes
- Low $100 minimum deposit
- Spreads from 0.0, NDD, ECN. execution
- MetaTrader 4 (MT4)
- Hedging and scalping allowed
- Islamic, mini, VIP and managed accounts
Cons
- No no-deposit bonus
- Bonus comes with trading-volume rules
How to Open an FXGM Account
- RegisterFill in your name, email, country and phone number on the FXGM sign-up page.
- Verify your identityUpload a photo ID and a proof of address (utility bill or bank statement).
- Choose an accountPick the account type, base currency, leverage and platform (MT4).
- Fund and tradeDeposit from $100 with your preferred method, claim any eligible bonus, then log in and start trading.
About FXGM
FXGM Review: Overview
FXGM is a forex and CFD broker that offers NDD and ECN execution. It was established in 2014 and is based in Cyprus, with its head office at FX Global Markets (FXGM), Artemisia Business Center, 14 Charalambou Mouskou, 2014 Strovolos, Nicosia, Cyprus. The company has been operating for more than a decade, which gives it a longer track record than many newer online brokers.
This review looks at the points that matter most to retail traders: how the broker is regulated, which accounts and platforms are available, what trading conditions look like, how deposits and withdrawals work, and what kind of bonuses are offered. Where the information is not publicly listed in the key facts, we say so and point you to the broker's official website.
Before going further, a short risk note. Trading forex and CFDs on leverage carries a high risk of losing money, and it is not suitable for everyone. Only trade with money you can afford to lose.
Regulation and Safety
FXGM is regulated by CySEC (license no. 161/11). CySEC is the Cyprus Securities and Exchange Commission, the authority that supervises investment firms based in Cyprus. Regulation sets rules on how a broker must operate, including how it treats clients and reports its activities, so it is one of the first things to check when you choose a broker.
FXGM states that it keeps segregated client funds. In practice, this means client money is kept separate from the company's own operating funds. Segregation does not remove the risk of trading losses, but it is an important protection if a broker runs into financial difficulty.
You can confirm the license number and the company details yourself. Check the regulator's public register and the footer or legal pages of the broker's official website before you open an account.
Account Types
FXGM offers a range of account types, so traders with different budgets and needs can find something suitable. According to the broker's listed features, the following options are available:
- Free demo account: a practice account for testing strategies and getting familiar with the platform without risking real money.
- Mini accounts: designed for traders who want to start with smaller positions.
- VIP accounts: higher-tier accounts that are usually aimed at more active traders. Check the official website for the specific requirements and benefits.
- Islamic accounts: swap-free accounts for traders who follow Sharia principles.
- Swap-free accounts: accounts that do not charge overnight swap fees on positions held open for longer periods.
- Managed accounts: accounts where trading decisions can be handled by a professional manager. Read the conditions carefully before using this option.
Account base currency is USD. If you plan to fund your account in another currency, check how conversion is handled before you deposit.
Trading Platforms
FXGM offers MetaTrader 4 (MT4), one of the most widely used retail trading platforms. MT4 is known for its charting tools, technical indicators, order types and support for automated strategies through Expert Advisors. Traders who already use MT4 will find the setup familiar.
Clients can trade in three ways: on the desktop platform, through a web browser without installing software, and on a mobile device. Web and mobile trading make it easier to monitor open positions when you are away from your desk.
The platform list is shorter than at some larger brokers, which may matter if you prefer a specific tool such as cTrader or a proprietary platform. Make sure MT4 suits your style before you commit.
Spreads, Fees and Leverage
FXGM lists minimum spreads from 0.0. Spreads are the difference between the buy and sell price, and they change with market conditions, so the advertised minimum is not a fixed cost on every trade. Spreads usually widen around major news events and during periods of low liquidity. Check the live spreads on the official website, or on the platform, for the instruments you trade most.
Maximum leverage is 1:500. High leverage allows you to control a large position with a small amount of capital, but it also magnifies losses as well as gains. A small move against you can wipe out your margin quickly. Leverage may also be lower depending on your country of residence and the account type you choose, so confirm your own leverage limit before trading.
Commissions, overnight swap rates and any inactivity or withdrawal fees are not included in the key facts for this review. Read the fee schedule on the broker's website before you open an account, and factor these costs into your trading plan.
Deposits and Withdrawals
The minimum deposit at FXGM is 100, which is a relatively low entry point for a regulated broker. Check the official website for the currency and any conditions attached to this amount.
Deposits can be made using Skrill, Neteller (listed as nettler), wire transfer, credit card, JCB, American Express and CashU. Withdrawals are offered through the same methods. Using the same method for deposits and withdrawals is common practice, and it can make the process easier to trace.
Processing times, minimum withdrawal amounts and any fees charged by payment providers can vary. Before you deposit, check the payment section of the official website, and do not assume that a method is available in your country until you have confirmed it.
Bonuses and Promotions
FXGM offers a welcome bonus and other promotional offers. It does not offer a no-deposit bonus, so you will need to fund your account to access the current promotions.
Bonus terms matter as much as the headline offer. Bonuses often come with conditions such as trading volume requirements, withdrawal restrictions or expiry dates, and these conditions can change over time. Read the full terms before you claim anything, and make sure you understand how the bonus affects your ability to withdraw profits. The bonus amounts and rules are not listed in this review, so check the current offers directly on the broker's website.
Customer Support
The FXGM website is available in English, Chinese, Indonesian, French and Japanese, which makes it accessible to a wide range of international traders. The broker's support channels, response times and opening hours are not included in the key facts for this review. Check the contact or help section of the official website for the most up-to-date information.
When you test the broker, consider sending a few simple questions to support before you deposit. The quality of the answers can tell you a lot about how the company handles client issues.
Trading Rules
FXGM allows hedging, scalping and news trading. These strategies are not allowed by every broker, so this is a useful point for traders who rely on them. Even where a strategy is permitted, it can still be risky, and high leverage increases that risk. Make sure you understand how your chosen strategy performs in volatile conditions.
Pros and Cons
Pros
- Regulated by CySEC (license no. 161/11).
- Segregated client funds.
- NDD and ECN execution model.
- MetaTrader 4 with web and mobile access.
- A wide range of account types, including demo, mini, VIP, Islamic, swap-free and managed accounts.
- Minimum deposit of 100.
- Spreads from 0.0.
- Multiple deposit and withdrawal methods.
- Hedging, scalping and news trading are allowed.
- Website available in five languages.
Cons
- Maximum leverage of 1:500 carries a high risk of rapid losses.
- Only MetaTrader 4 is listed as a trading platform.
- No no-deposit bonus is offered.
- Commissions, swap rates and other fees are not covered in this review and must be checked on the official website.
- Customer support details are not listed in the key facts.
- Leverage and some account features may vary by country.
Verdict
FXGM is an established, CySEC-regulated broker with a clear set of features. Its NDD and ECN model, MetaTrader 4 platform, broad account range and low minimum deposit make it a reasonable option for traders who want a regulated broker with flexible trading rules. The support for Islamic and swap-free accounts also makes it relevant to a wider audience.
The main points to weigh are the
Risk warning: Leveraged products such as forex and CFDs may not suit all investors and carry a high risk to your capital. Make sure you understand the risks, consider your goals and experience, and seek independent advice if needed.
Final Verdict: Should You Choose FXGM?
FXGM offers a $100 entry cost, MT4 platforms and a track record since 2014.
FXGM suits traders who understand the risks of leveraged CFD trading. Start small, test a withdrawal early and use sensible leverage.
