Home Forex Brokers Review FXGM – Forex Brokers Review & Rating

FXGM – Forex Brokers Review & Rating

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FXGM is a brand name of Depaho Ltd, a Cypriot investment firm incorporated in 2011. Its headquarters are in Cyprus, in the city of Nicosia. FXGM is an online broker that offers trading services for forex, commodities, stocks, indices, options and cryptocurrencies.

  • Start year: 2011
  • Country of origin: Cyprus
  • Regulation: CySEC, FSCA
  • Payment options: Credit Card, Moneybookers, Neteller, Skrill, Wire Transfer
  • Minimum account size:$200
  • Minimum lot size:0.01 lots
  • Leverage:up to 1:200
  • Spreads: Floating

Depaho Ltd is regulated in Europe by the Cypriot Security and Exchange Commission (CySEC), adhering to the strict guidelines of regulators designed to provide investors with complete transparency and full knowledge of the benefits and risks associated with online trading.

Unique to FXGM, traders receive protection for their first 10 trades. This means that any losses suffered are returned to the trader’s account, allowing the trader a second opportunity to earn a profit. This is especially important for beginners who require room for error, as they take their first steps as online traders. The 10 protected positions are designed for traders to evaluate the market in a safe and segregated environment.

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