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FxGrow is a foreign exchange broker. Fx Grow provides MT4 and mobile top foreign exchange trading platforms. FxGrow.com provides more than 45 currency pairs, cfds, oil, energy, gold and silver for your personal investment and trading options.
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Traders from all over the world, please be aware of this bucket shop broker… I wanted to open a swap free account with them and they agreed about this, but when I opened the real account I was astonished that I’m charged roll over rates (swap) and the negative rates are triple the positive ones. For example they charge you like 30 cents for (0.01 lot) and they credit you one cent only for the positive interest. I told them about this issue and their response was “ you need to credit your account more in order to be swap free” I replied why you didn’t tell me about this when I opened my account ? They didn’t mention this at all. But the main problem is not here, they are very professional at manipulating market prices and closing your trades without your permission and their excuse is that you have reached the margin level, they reduce the leverage for this reason and decrease the margin stop out level without prior notice to hunt your losing trades. Unfortunately, I thought I’m trading with professional and regulated broker however they appeared to be crooks. You’re free if you want to lose all your money, this broker is your best choice! Thanks
Unethical detected. On timeframe H4 at May 10th, 2016 @ 20:00 hrs something weird just happen to this broker. Below is price detail :- O : 1.44338 (-0.1 pips) H : 1.44451 (+0.2 pips) L : 1.43240 (+83.1 pips) C : 1.43240 (+98.8 pips) Another ECN/STP/DMA/NDD broker is so different with them. Below is price detail :- O : 1.44339 (+0.1 pips) H : 1.44449 (-0.2 pips) L : 1.44251 (-83.1 pips) C : 1.44408 (-98.8 pips) Both broker just declare ECN/STP/DMA/NDD broker but something weird just happen. Looking this broker wanna hit any trader with setting TP/SL. So, you decide it.
im trading with FxGrow for 3 months and so far the broker is very good. The spreads are really low, no rejection of orders,there was a slight slippage during news but in acceptable range. Also i do a lot of scalping and never had a problem with them.
Execution was exellent first month untill I have earned good profit, after that I've got off-quotes or high slippage and I started to loose money because of that. It means that they are not so fair! I withdrawed my deposit.
I want to share my trading experience with FxGrow for the last 2 years. Their trading conditions are trader friendly so i can trade with a combination of different trading strategies and the Stop loss and Take profits work. Many times i have done scalping and i could make more income just because of the low spreads that i got in my favorite currency pairs.