✔️ Information reviewed and updated in September 2024 by Pedro Martínez González
In this section we will tell you why You should NOT invest in FXG Markets. We analyze the website, we observe every detail and we examine the main characteristics that are taken into account when choosing a good broker such as the location, the company to which it belongs, its regulation, its reputation…
A pocas palabras WE DO NOT RECOMMEND IT. Below we will show you essential information about FXG Markets and we will tell you why we reached such a conclusion:
Basic Information
| 🌐 Website | fxgmarkets.com |
| 🏠 Company | FXG Markets LTD |
| ️ Regulatory | Not regulated |
| Does not have | |
| 📈 Continental | sirix |
| 📌 Address | Unknown |
⚠️ FXG Markets does not mention the legal name of the company that operates it and there is no data on its location. Clients are unprotected. ⚠️
Account types
Now we move on to analyze the types of account offered by FXG Markets, in this case, we observe that it offers 3 different types of account:
| Account type | Minimum initial deposit |
| Fixed | €250 |
| Classic | €250 |
| Raw | €400 |
Information on the web
FXG Markets provides a basic explanation about the financial products it offers, market news and analysis, economic calendar, asset calculator, personal experiences, really not much more than this.
List of phone numbers
At the moment we have not found phone numbers.
🚫 FXG Markets Final Valuation 🚫
Finally, and in a few words, Our recommendation is: DO NOT INVEST WITH FXG Markets.
As we mentioned before, it is a financial company located in a place where you will not have protection from the law in case of being harmed, that is, you will not be able to claim anyone if an unfortunate event occurs such as the sudden loss of your funds or the closure of the company.
In case of problems, it is most likely that the authorities of your country will not be able to do anything. As a client of this company you are unprotected!
Investing with unregulated brokers or brokers based in such countries is very risky. It is best to invest with a regulated broker, based in a serious country.
Updates
FXG Markets News:
| Date | Update – news |
|---|---|
| October 2023 | They mention being regulated by regulatory bodies such as: “MFA (mfa.org.uk), IRBEM (irbem.com), SFINS (sfins.ch) and EMA” all of these regulators we believe are completely false. |
| November 2023 | The company FXG Markets was denounced by the regulatory body AMF |
| November 2023 | The company FXG Markets was denounced by the regulatory body CNMV |
| November 2023 | The company FXG Markets was denounced by the Swiss regulator FINMA, pointing out that the company is not registered in Switzerland, has no regulation and its supposed location in Switzerland is false. |
| November 2023 | The company FXG Markets was denounced by the regulatory body FMA |
User Reviews
What is your opinion? We invite you to collaborate with us and vote. You can also leave a comment about your experience with .
At the end of the review you will find customer comments.
How to Claim Money Scammed by FXG Markets
If what you want is to know how to claim your capital, if you have been scammed, further down in the FAQ section you can find our advice.
How to Report FXG Markets
If you feel dissatisfied with the service provided by the company, and for some reason you want to report it, below, in the FAQ section, you can find the best way to report this company.
FAQs
How can I report FXG Markets?
This depends on where you are, you should go to the financial regulator in your country. Write us a comment on this review and we will help you.
Is FXG Markets a scam – is it a scam?
Yes. We believe FXG Markets is Scam. We have received messages from clients who mention not being able to withdraw their capital, this added to other very negative characteristics of the company.
Is FXG Markets trustworthy?
No. FXG Markets is not trustworthy, it is a very unsafe company: 1) is based in unsafe countries, 2) has a very bad reputation 3) has a lot of complaints 4) It is a relatively new broker without seniority. These characteristics make the company very unreliable.
How to get money back from FXG Markets?
If you want to know how to recover your capital, you can see it here. We explain in detail the process of recovering money from a scam company, step by step.
Are there (recommended) alternatives to FXG Markets?
Yes, of course there are better and safer options! You can see here the brokers we recommend: ranking of the best brokers.
Fxgmarkets, they are a bunch of unscrupulous scammers. Their objective is to steal, steal and steal. They use a demo account and they keep the money that people deposit in them.
How is it possible that a mob like this can go about freely stealing money day after day without anyone stopping them.
Any company that puts money into an account has to justify where it comes from.
What's wrong with these people? Are they untouchable or what?
I will do everything I have to do to find them….whatever it costs me
Hello Jorge, thanks for writing about FXG Markets. This broker is considered a SCAM. The AMF (France's Financial Regulator) has put a notice on them, for lack of regulation and for misleading their clients (See AMF link)
We suggest NOT sending money, they lie to steal from you, the operations are fictitious, the money is never crossed with the market, they simulate it and in the end they mark you and say that you have lost everything and they keep it that way.
If when you request a withdrawal, they ask you for more to pay commissions, taxes, fees, legalizations, etc. Never do it! It is a clear warning that you are a client of a fraud broker and even if you pay, they will never return your money.
All the information you provide about the company will help those affected by this broker, explain in detail how everything happened, what advertising you saw, the names of your advisor, numbers, emails from which they have contacted you, etc.
To get your money back, talk to our CHAT or fill out the Form at this link: CLAIM YOUR MONEY
Greetings.
This company is a scam!! It is reported by the regulatory body AFM!
Hello Giuliana Castillo, thank you for writing about FXG Markets. This broker is considered a SCAM. The AMF (France's Financial Regulator) has put a notice on them, for lack of regulation and for misleading their clients (See AMF link)
We suggest NOT sending money, they lie to steal from you, the operations are fictitious, the money is never crossed with the market, they simulate it and in the end they mark you and say that you have lost everything and they keep it that way.
If when you request a withdrawal, they ask you for more to pay commissions, taxes, fees, legalizations, etc. Never do it! It is a clear warning that you are a client of a fraud broker and even if you pay, they will never return your money.
All the information you provide about the company will help those affected by this broker, explain in detail how everything happened, what advertising you saw, the names of your advisor, numbers, emails from which they have contacted you, etc.
To get your money back, talk to our CHAT or fill out the Form at this link: CLAIM YOUR MONEY
Greetings.
FXG Markets.
I have invested a minimal amount in FXG Markets, but I am pressured to invest large amounts.
They call you by phone every day, and WhatsApp, a broker with a phone from England and you see the evolution of your investment on the screen, but I have doubts about whether or not it is a scam and I want to have the opinion of experts like you before thinking about invest more.
I await your response.
Millions of thanks.
A greeting
Hello MªANGELES, thank you for writing about FXG Markets. Currently this broker is considered a SCAM.
If you are a client, do not make more contributions, their only objective is to steal from you, they manipulate operations manually, they keep the money from when it reaches their accounts, it does not enter the market, everything is prepared for you to lose or make you lose your money to have the excuse to keep it.
If you decide to withdraw and they request a ransom in the form of commissions, taxes, fees, legalizations, etc. Never pay it! That's the warning, from that moment you have to know that you are a client of a scam broker and no matter how much you pay you will never see your money.
To help other users or customers, provide as much information as possible, explain how everything happened, where you saw the advertising, who called you, numbers from which you were dialed, emails and everything that comes to mind.
If you want to recover your money go to our chat or fill out the form in this link: CLAIM YOUR MONEY
Greetings.
I have an acquaintance investing, but I don't want them to steal my money or scam me. Can you help me? Blessings.
Hello Joaquín, thank you for writing about FXG Markets. Currently this broker is considered a SCAM.
If you are a client, do not make more contributions, their only objective is to steal from you, they manipulate operations manually, they keep the money from when it reaches their accounts, it does not enter the market, everything is prepared for you to lose or make you lose your money to have the excuse to keep it.
If you decide to withdraw and they request a ransom in the form of commissions, taxes, fees, legalizations, etc. Never pay it! That's the warning, from that moment you have to know that you are a client of a scam broker and no matter how much you pay you will never see your money.
To help other users or customers, provide as much information as possible, explain how everything happened, where you saw the advertising, who called you, numbers from which you were dialed, emails and everything that comes to mind.
If you want to recover your money go to our chat or fill out the form in this link: CLAIM YOUR MONEY
Greetings.