FxGrow – Forex Broker review

FxGrow – Forex Broker review
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Company Growell Capital Ltd.
Founded in 2008
Online since 2012
Offices in Cyprus
Payment options CashU, Credit/debit cards, MoneyGram, Neteller, OKPAY, Skrill, Western Union, Wire transfer
Demo platforms MetaTrader 4, NetStation
Account currencies Euro, Polish złoty, United States dollar
Currency pairs
AUD/CAD AUD/CHF AUD/JPY
AUD/NOK AUD/NZD AUD/SEK
AUD/USD CAD/CHF CAD/JPY
CHF/JPY CHF/NOK CHF/PLN
EUR/AUD EUR/CAD EUR/CHF
EUR/GBP EUR/HUF EUR/JPY
EUR/MXN EUR/NOK EUR/NZD
EUR/PLN EUR/TRY EUR/USD
EUR/ZAR GBP/CAD GBP/CHF
GBP/DKK GBP/JPY GBP/NOK
GBP/NZD GBP/PLN GBP/SEK
GBP/TRY GBP/USD GBP/ZAR
HKD/JPY NOK/JPY NOK/SEK
NZD/CAD NZD/CHF NZD/JPY
NZD/USD SGD/JPY USD/CAD
USD/CHF USD/CNH USD/HKD
USD/JPY USD/MXN USD/PLN
USD/RUB USD/SEK USD/SGD
USD/TRY USD/ZAR ZAR/JPY
Regulated by BaFin, WA37-K 5000-138982-2014/0001
Banque de France, 74965
CNMV (Spain), 3755
CySEC, 214/13
Finansinspektionen (Sweden), 14-10518
HCMC (Greece), 2703
Website available in Arabic, English, Polish
Support available in Arabic, English, French, Polish, Portuguese, Russian, Serbian, Spanish
Support methods Callback, Email, Live chat, Phone, Skype, Web form
Trading server time zone GMT+3
Conditions for VIP traders
  • Free MT4 VPS.
  • Low spreads.
  • Personal account manager
  • Interest rate on funds
  • Trading contests
  • Free education
  • Personal manager
  • Trading by telephone
  • PAMM accounts
  • Segregated accounts
  • Affiliate program
  • Islamic accounts available


Account Types

Minimum account size $1,000
Minimum position size 0.01 lot
Spread type Variable
Typical spread on EUR/USD, pips 0.8
Minimum spread on EUR/USD, pips 0
Commission (one-way) per 1 std. lot $6
Commission (one-way) for CFD per 1 std. lot $6
Scalping Encouraged
Expert advisors Encouraged
Trading instruments
Forex 1:200
CFD 1:200
Trading platforms MetaTrader 4, NetStation
Digits after the dot in quotes 5
Margin call level 50%
Stop-out level 30%
Number of currency pairs (of which exotic) 47 (10)
  • Hedging
  • Overnight interest rates (swaps)
  • Trailing stop
  • Pending orders
  • One-click trading
  • Mobile trading
  • Browser-based platform
  • Automated trading

Minimum account size $100
Minimum position size 0.01 lot
Spread type Variable
Typical spread on EUR/USD, pips 1.2
Minimum spread on EUR/USD, pips 0
Commission (one-way) for CFD per 1 std. lot $6
Scalping Encouraged
Expert advisors Encouraged
Trading instruments
Forex 1:200
CFD 1:200
Trading platforms MetaTrader 4, NetStation
Digits after the dot in quotes 5
Margin call level 50%
Stop-out level 30%
Number of currency pairs (of which exotic) 47 (10)
  • Hedging
  • Overnight interest rates (swaps)
  • Trailing stop
  • Pending orders
  • One-click trading
  • Mobile trading
  • Browser-based platform
  • Automated trading

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