FXGM

JV1s24K_g0ld

1-2年

Does FXGM offer a demo account for new traders?

WikiFX 回答

One of the main things I look for when choosing a broker is whether they offer a demo account, and FXGM unfortunately does not. For me, a demo account is crucial to practice trading without risking real money. I would want to test out their platform first before committing to a live account. Without this feature, I feel uneasy about logging into FXGM because I wouldn’t be able to get a feel for the platform risk-free.

Broker Issues

FXGM

Leverage

Instruments

Account

Platform

08-12

美国

DoreenVanDenHeever

1-2年

Is FXGM a good choice for new traders?

WikiFX 回答

For new traders, I’d personally be cautious about using FXGM. Even though the initial deposit is relatively low at $200, the revoked licenses and lack of regulatory oversight make it difficult for me to recommend FXGM. New traders should prioritize safety and regulatory compliance, and since FXGM doesn’t offer that assurance, I’d suggest looking for other brokers that are fully regulated and provide demo accounts for practice. I’d feel more comfortable logging into FXGM if they were more transparent and had a better regulatory standing.

Broker Issues

FXGM

Account

Platform

Leverage

Instruments

08-09

美国

Sergey5

1-2年

What platforms does FXGM offer for trading?

WikiFX 回答

FXGM offers its proprietary platforms, WebPROfit and Mobile PROfit. While I appreciate that I can trade directly from my browser or mobile device, I’ve always preferred using MT4 or MT5 for their advanced features and reliability. The absence of these platforms in my FXGM review is a dealbreaker for me. I’m very familiar with MT4 and find it essential for my trading style, so I would hesitate to trade with FXGM if I can't use those platforms.

Broker Issues

FXGM

Platform

Account

Instruments

Leverage

07-19

美国

Franko Knavs

1-2年

What are the spreads and fees associated with FXGM?

WikiFX 回答

The spreads with FXGM can be a bit high, especially on major currency pairs. For instance, EUR/USD spreads can go up to 4 pips. In my experience, I’ve always looked for brokers with tighter spreads to minimize costs, and FXGM’s spread is something I’d keep an eye on. The broker does not mention much about additional fees like swap rates or inactivity fees, which in my opinion is a bit concerning. I’d prefer more transparency before logging into FXGM or making any deposits.

Broker Issues

FXGM

Fees and Spreads

05-09

美国