Basic Information & Regulation
FXGM Is The Trademark Name Of Depaho Ltd., Which Provides Foreign Exchange, Commodity, Stock And Other CFD Trading Services To Retail And Professional Clients Around The World. Depaho Ltd Holds Licenses Authorized By Several Regulators, Such As The Full License Of CySEC In Cyprus (license Number 161/11), The Retail Foreign Exchange License Of BaFin In Germany (license Number 130520), The Retail Foreign Exchange License Of BDF By The French Prudential Regulation Authority, The European Union Authorization License Of The FCA In The United Kingdom (license Number: 593528), The Financial Services Enterprise License Of The FSCA In South Africa (license Number: 47709), And The Retail Foreign Exchange License Of CNMV In Spain (license Number: 3321), And The Retail Foreign Exchange License Of CONSOB In Italy (license Number: 3567).
Security Analysis
FXGM Is Regulated By Many World-renowned Regulators, Such As Cyprus CySEC, Germany BaFin, Spain CNMV, Etc. This Means That Investors' Capital Safety And Trading Activities On The Platform Can Be Protected To A Certain Extent, But Investors Also Need To Consider Spreads And Transaction Costs, And Whether The Withdrawal Is Fast.
Financial Instruments
FXGM Provides Investors With A Wide Range Of Trading Assets, Mainly Including Foreign Exchange Currency Pairs, Commodities, Precious Metals (gold & Silver), Indices, Exchange Traded Funds, Cryptocurrencies, And Stocks.
Accounts & Leverage
FXGM Offers Two Different Types Of Accounts For Retail Clients And Professional Clients, Namely Retail Accounts And Professional Accounts. The Leverage In The Professional Account Is 1:200 For Foreign Exchange Currency Pairs, Gold, Silver And Oil, And 1:100 For The Remaining Commodities. The Leverage In Index CFDs Is 1:100. The Leverage In Individual Stock CFDs And ETFs Is 1:10. Compared To Professional Accounts, The Leverage In Retail Accounts Is Obviously Much More Conservative. For Example, The Leverage In Major Currency Pairs Is 1:30, The Leverage In Gold And Major Indices Is 1:20, And The Leverage In Individual Stocks And ETFs Is 1:5.
Spreads & Fees
The EUR-USD Spread On The FXGM Platform Is 4 Points, The Gold Spread Is 1 Point, The Silver Spread Is 0.06 Points, The Brent Crude Oil Spread Is 0.12 Points, The ADX General Spread Is 20 Points, The ASX200 Spread Is 4 Points, The CAC 40 Spread Is 4 Points, The Bitcoin And USD Spread Is 13,000 Points, The Ethereum Spread Is 48 Points, The Adidas Stock Spread Is 1.5 Points, And The ABB Company Stock Spread Is 1.5 Points.
Trading Platform
FXGM Offers Traders Not The Most Popular MT4/MT Trading Platform On The Market At Present, But WebPROfit And Mobile PROfit. WebPROfit Is Compatible With All Major Browsers, Including Chrome, Firefox, IE, Etc. Investors Can Trade Forex, Commodities And CFDs Without Downloading. The Platform Includes Real-time Charts And Analysis. Mobile PROfit Allows Traders To Access WebPROfit Via Mobile Phones And Tablets.
Deposit And Withdrawal
FXGM Allows Traders To Deposit And Withdraw Funds From Their Investment Accounts Through A Series Of Convenient Payment Methods, Such As VISA/MasterCard/Maestro Credit/debit Cards, Telegraphic Transfer, Skrill, Neteller, PayPal, RAPID Transfer, MyBank And Other Payment Methods.
Advantages & Disadvantages
The Main Advantages Of FXGM Are:
- Regulated By Many Well-known Institutions;
- Rich Trading Products;
- Innovative Trading Platform;
- There Are Many Ways To Deposit And Withdraw Funds;
- The Website Is Available In Multiple Languages;
The Main Disadvantages Of FXGM Are:
- High Spreads;
- No Instant Customer Support;
