✔️ Information reviewed and updated in July 2024 by Pedro Martínez González

FXGM Comments
 
In this section we will analyze the broker FXGM (also called by the name: fxgm.com), is a broker of Forex , Cryptocurrencies, ETFs y CFDs. Is FXGM really recommended for making an investment? Or is it better not to invest with this company? ⛔ Is it a safe broker? Is a gotcha? We will help you determine it. ✅
 
➡️ In this section you can find the following: opinions about FXGM ✅, claims, complaints eexperiences , ananalysis 📊 of the most important characteristics of this company (updated 2022), and most importantly: Is it fxgm ⚠️ a safe broker? Can we trust this company? Will we be able to withdraw our money? All this and more in this review about this investment company.
 
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Essential information: Who does it belong to? Where is located? Is it a regulated broker?

 
✅ FXGM mentions being part of: Depaho Ltd.
 
❌ Regarding your location, the broker mentions being based on Cyprus.
 
❌ If we analyze your regulation, we find that it used to be regulated by CySEC, but for breach of the rules, this license has been revoked.
 

ATTENTION: FXGM is currently a broker NOT REGULATED. ⛔

 
📌 RememberRegulated brokers are the best (and safest) option, as they must meet very strict requirements. Working with an unregulated broker is very risky. 📌

 

Account types | Investment platform

 
If now we go on to analyze account types offered by FXGM, we noticed that it offers 9 different types of accounts: Basic Account, Discovery Account, Silver Account, Gold Account, Diamond Account, Emerald Account, Ruby Account, Sapphire Account and VIP Account. We will leave you an image with a little information about each type of account.
 
Basic Account: minimum initial deposit $200, free training, Autochartist, insider trading, autochartist.

Discovery account: minimum initial deposit $2.000, free training, Autochartist, insider trading, autochartist, one-click trading.

Silver Account: minimum initial deposit $5.000, free training, Autochartist, insider trading, autochartist, one-click trading, 10% price discount and 10% discount on rollovers.

Gold Account: minimum initial deposit $10.000, free training, Autochartist, insider trading, autochartist, one-click trading, 15% price discount and 15% discount on rollovers.

Diamond Account: minimum initial deposit $15.000, free training, Autochartist, insider trading, autochartist, one-click trading, 20% price discount and 20% discount on rollovers.

Emerald Account: minimum initial deposit $30.000, free training, Autochartist, insider trading, autochartist, one-click trading, 25% price discount and 25% discount on rollovers.

Ruby Account: minimum initial deposit $50.000, free training, Autochartist, insider trading, autochartist, one-click trading, 30% price discount and 30% discount on rollovers.

Sapphire account: minimum initial deposit $75.000, free training, Autochartist, insider trading, autochartist, one-click trading, 35% price discount and 35% discount on rollovers.

VIP account: minimum initial deposit $100.000, free training, Autochartist, insider trading, autochartist, one-click trading, 40% price discount and 40% discount on rollovers.
 

FXGM account types
FXGM account types (1)

 

FXGM account types
FXGM account types (2)

 

FXGM account types
FXGM account types (3)

 
In the following images you can have more information about the types of account. Click here to see image 1 in full size, Click here to see image 2 in full size y Click here to see image 3 in full size.
 
La platform to operate that FXGM offers is: PROfit platform.
 

Resources | Website

 
We will now analyze the different resources and aids for traders that FXGM provides on its website. We believe that the resources and help provided on the website can be a great point in favor of the broker.
 

FXGM website
FXGM website

 
FXGM provides the following aids or resources to traders or interested parties: live charts, economic calendar, glossary, explanation of the products it offers, frequently asked questions, among others.
 

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🌐 Other information about FXGM 🌐

 
???? Some more information in case you want to contact the company, or see its website for yourself. ????
 
🌏 Website: fxgm.com

📞 Telephone number: + 35722300542

📧 Email: [email protected] | [email protected] | [email protected]
 

You might be wondering why we did a review on FXGM. We carry out this review and assessment, due to the fact that we receive different messages and comments asking about the reliability of the company in question. We like to think that our reviews page helps investors, by providing key information about the company, we disclose information that every investor should know before deciding or not to invest with an investment company.

 

Are you a representative of this company? We recommend you leave a comment responding to customer concerns.

 

➡️ Rating on FXGM ⬅️

 
Ending with this section, in our opinion Do we believe that the company FXGM is trustworthy? Should you invest your money with the company? Are they a recommended company? ⭐2022 analysis
 
❌ After analyzing it, we recommend caution, since it is a broker that is not regulated and is located in a very unsafe country for this type of actions, in addition, when looking for reviews about FXGM we find many that are negative and warn about this broker. ❌
 

(I.e. A pocas palabras: It doesn't seem like a good idea, we suggest using caution. 📛

 
⛔ Attention ⛔ : We have received messages from clients assuring that FXGM maintains a close relationship with TradoCenter, a broker with a lousy reputation and with several complaints against it, accused of defrauding its users. WE SUGGEST EXTREME CAUTION ⛔
 
⛔ Attention ⛔ : In July 2021 CySEC has revoked its license to FXGM due to non-compliance with regulations. WE SUGGEST EXTREME CAUTION ⛔

➡️ Link to CySEC's July 2021 warning ⚠️
 
  ATTENTION  : The broker FXGM is linked to Naxex Invest Ltd, a broker with a bad reputation.  WE SUGGEST EXTREME CAUTION
 
Our advice: We always recommend working only with properly regulated companies, isn't it better to have the protection of a good regulator? Is it worth the risk if there are much safer options to invest? Why invest with an unregulated or poorly regulated broker, when you can invest with a broker regulated by a serious regulator? 

 
📌 Don't forget: One of the few measures that assure clients' money is the regulation of the broker, that is, it is probably the most important characteristic of any broker; HAVE GOOD REGULATION. Good regulation means that there is an authority to which, in case of misunderstandings or problems, customers can complain. 📌

 

What is your opinion? Have you traded with this broker? Are you a customer? Do you think our opinion is not correct? We invite you to collaborate with us and vote, also leave a comment on our website with your experience with this broker.

 

🔻🔻 We leave a vote open so that traders, clients and broker users can vote. 🔻🔻

 
[democracy id = ”2034 ″]  

About the Author: Pedro Martinez Gonzalez

I'll tell you a little about myself! I am a financial analyst and economist with a master's degree in finance.
About my studies: I studied at the University of Salamanca for a Degree in Economics and then did a Master's in Finance in Madrid.
Do you want more information? You can read more about me here in my biography.

9 comments on «FXGM: opinion and comments – Is it a scam?»

    • Recommended-brokers.com Reply

      Hi Jose, thanks for commenting on FXGM. This broker is a SCAM. Do not send them money, they want to get as much money as possible with lies, the operations are not real, they do not put the money in the market, they just make it look and in the end they tell you that you have lost and they keep it.

      We have been warning about it for a long time but now you can read it in this prestigious Spanish newspaper: SCAM OF FXGM and its parent DEPAHO LTD.

      If to withdraw your money they ask you for more to pay taxes, fees, legalizations, etc. DO NOT do it! It is a clear sign that they want to steal more money from you and they will not return anything even if you pay.

      If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.

      Do you have names of advisers, numbers, emails from which they have contacted you? Do you remember how you found this broker in the first place?

      To get your money back, try our chat or this link: CLAIM YOUR MONEY, WE HELP YOU

      Greetings.

  1. Ismael Reply

    They have closed my account, and they bundled me with 85.200, they have closed me without warning. They are denounced I give names of this mob.

    • Recommended Brokers Reply

      Hi Ismael, thanks for commenting on FXGM. This broker is a SCAM. Do not send them money, they want to get as much money as possible with lies, the operations are not real, the money is not put on the market, they only show it and in the end they tell you that you have lost and they keep it.

      If to withdraw your money they ask you for more to pay taxes, fees, legalizations, etc. DO NOT do it! It is a clear sign that they want to steal more money from you and they will not return anything even if you pay.

      If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.

      Do you have names of advisers, numbers, emails from which they have contacted you? Do you remember how you found this broker in the first place?

      If you want to evaluate other options, check this link: https://brokersrecomendados.com/brokers-recomendados-2021/

      To get your money back, try our chat or this link: CLAIM YOUR MONEY, WE HELP YOU

      Greetings.

  2. George Reply

    They are clearly a scam, they make you earn money at the beginning to get all your savings and when you already have all your money in operations they make you lose.
    With the first big loss that I had with them of 2600 euros, I wanted to withdraw and they convinced me to stay and get that money back, in less than two weeks I had already lost 2800 euros more. In total 5400 euros of 7800 initials.
    I retired and they tried to convince me again to stay, thank goodness I left and at least I kept 2400 euros.
    I could only withdraw a maximum of 1000 euros per day, I took out 2000 and left 400 in case the gold or silver fell a lot to invest something and earn a little, then they send me a notification that they did not want retail accounts that if I did not withdraw the 400 euros in a space of time lost that money automatically. Clearly a scam since to fish clients you can start an account with 200 euros
    All of this happened in just over a month.

    • Recommended Brokers Reply

      Hi Jorge, thanks for commenting on FXGM. This broker is a SCAM. Do not send them money, they want to get as much money as possible with lies, the operations are not real, they do not put the money on the market, they only show it and in the end they tell you that you have lost and they keep it.

      If to withdraw your money they ask you for more to pay taxes, fees, legalizations, etc. DO NOT do it! It is a clear sign that they want to steal more money from you and they will not return anything even if you pay.

      If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.

      Do you have names of advisers, numbers, emails from which they have contacted you? Do you remember how you found this broker in the first place?

      If you want to evaluate other options, check this link: https://brokersrecomendados.com/brokers-recomendados-2021/

      To get your money back, try our chat or this link: CLAIM YOUR MONEY, WE HELP YOU

      Greetings.

  3. jose Reply

    Hello, I have been scammed, I need the money and they do not want to give it to me

    • Recommended Brokers Reply

      Hi Jose, thanks for commenting on FXGM. This broker is a SCAM. Do not send them money, they want to get as much money as possible with lies, the operations are not real, the money is not put on the market, they only show it and in the end they tell you that you have lost and they keep it.

      If to withdraw your money they ask you for more to pay taxes, fees, legalizations, etc. DO NOT do it! It is a clear sign that they want to steal more money from you and they will not return anything even if you pay.

      If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.

      Do you have names of advisers, numbers, emails from which they have contacted you? Do you remember how you found this broker in the first place?

      If you want to evaluate other options, check this link: https://brokersrecomendados.com/brokers-recomendados-2021/

      To get your money back, try our chat or this link: CLAIM YOUR MONEY, WE HELP YOU

      Greetings.

  4. Samuel Reply

    They commit scams that is why the cysec took away the license

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