FGMarkets
About FGMarkets Company
FGMarkets is a broker specializing in forex and CFD markets, aiming to help clients maximize their profits with a wide range of trading instruments.
These instruments include currency pairs, CFDs on stocks, bonds, commodities, and indices. Additionally, clients can benefit from direct investment services, educational resources, and personalized assistance from dedicated managers.
FGMarkets Company Details
Foundation Date: The website FGMarkets.com is owned by Glastrox Trade Ltd. While the exact start date remains officially undisclosed, the broker’s operations are believed to have commenced in October 2015 or later.
Location: The company is registered in the Marshall Islands at Ajeltake Road, Ajeltake Island, Majuro, Republic of the Marshall Islands, MH 96960. Representatives of the broker are also reportedly situated there.
The payment agent of FGMarkets, Keyword Services Limited, is situated in Cyprus at Megalou Alexandrou, 1 Sea Breeze Court, Block 10, Flat/Office 104, Pyrgos, 4534, Limassol.
Contact Information
Contacts: To get in touch with FGMarkets, clients can utilize various methods, including (1) phone +61 283 174 987 (Australia code), (2) email support@fgmarkets.com, and (3) a feedback form. Support services are available round the clock in multiple languages, five days a week.
Regulation and Licensing
Regulation: Glastrox Trade Ltd operates under the oversight of a private entity in the Marshall Islands. It is assumed that the organization PIPSEC holds the license for investment activities, documented as number 91238.
Additionally, the payment agent Keyword Services Limited is believed to comply with regulatory standards. As per information on the website fgmarkets.com/ru, it is licensed by CySEC under number HE347880.
Trading Platforms and Terms
Platforms: FGMarkets offers two versatile trading solutions: Webtrader and MT4.
Trading Terms: The company suggests that success on their platform can be achieved by following just four simple steps: register, verify, deposit funds, and trade with over 200 instruments.
Account Types and Additional Services
FGMarkets presents three distinct account types: Demo, Live, and Live Premium.
The Demo account can be used without depositing real funds, although the exact amount of virtual funds for testing strategies is undisclosed.
For the Live account, a minimum deposit of $99.99 is required. Clients can expect 24/5 technical support, account operations in dollars, euros, and pounds, and access to both MT4 and Webtrader platforms.
The Live Premium account necessitates substantial investments starting from $99,999. This account tier offers a personal trading specialist, 24/5 technical support, operations in multiple currencies, access to MT4 and Webtrader platforms, participation in online seminars, entry to the educational center, and the Autochartists Live tool for market scanning.
FGMarkets Promises and Conditions
FGMarkets assures clients of leverage ranging from 1:50 (for stocks and indices) to 1:500 (for forex). Each client is guaranteed an individualized approach, fair trading conditions, as well as security and confidentiality.
Reviews and Recommendations
If you have traded with FGMarkets, we encourage you to share your experiences to assist other readers in evaluating if the company aligns with their financial objectives. Feel free to provide feedback on both positive and negative encounters for the benefit of the community.
This review has been prepared by the specialists at ExpertsReview.
I am extremely dissatisfied with the services provided by FGMarkets, as they have failed to meet my financial expectations and investment goals.