About FxGroup100 Brokerage
Within the realm of financial markets, FxGroup100 is a dynamic broker that specializes in crafting “profitable investment portfolios” on the MetaTrader 4 platform, catering to both novice and seasoned traders.
Selection of Trading Instruments
FxGroup100 presents a diverse array of major and exotic currency pairs, alongside a range of CFDs and futures tied to underlying assets. However, detailed specifications of these instruments are conspicuously absent from the company’s official website.
Insights into FxGroup100
Establishment Date: While concrete details about the founding of FxGroup100 are scarce, the company asserts its extensive experience within the financial sector. The sole date mentioned on the website is 2020.
Location: FxGroup100 is headquartered in the Marshall Islands, situated at Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Republic of the Marshall Islands, MH 96960.
Contact Information: Clients can reach FxGroup100 support via email at [email protected] or utilize the online chat feature accessible on the company’s site.
Regulatory Status: FxGroup100 opts not to disclose information regarding licensing, hinting at its unregulated operations within the financial sector.
Trading Terms with FxGroup100
Commencing trading activities with FxGroup100 is streamlined, requiring a mere 10 minutes for registration, account funding, and executing the first trade. However, account verification necessitates the submission of identity and residency verification documents.
Among the account options available are a demo account for strategy testing and a live account demanding a minimum deposit of $100, with leverage standing at 1:400. Nevertheless, detailed terms of service and client benefits tailored to distinct account tiers remain undisclosed.
Collaborative Initiatives and Educational Resources
FxGroup100 extends a partnership program aimed at clients seeking to attract new traders. The website further hosts educational materials like concise articles pertaining to trading instruments and an inclusive forex glossary for enhanced comprehension.
This review has been prepared by the specialists at ExpertsReview.
My experience with FxGroup100 was notably subpar. The broker’s customer service left a lot to desired, with a lackadaisical response time that left my inquiries unanswered for days. Furthermore, the platform was also not user-friendly, complicating the trading process unnecessarily. It was also noticeably lacking in up-to-date market information and relevant educational resources to aid in decision making. Most concerning was the hidden fees that kept appearing on my account. Overall, I found FxGroup100 to be unreliable, non-transparent and inefficient. Given these multiple issues, I wouldn’t recommend them to anyone looking for a smooth trading experience.
I am highly dissatisfied with FxGroup100’s services as my broker due to their lack of professionalism and poor communication.