About FXGM ZA

FXGM ZA is a brand name operated by FXGM South Africa (Pty) Ltd., a company licensed and regulated by the FSCA under license no. 50202. It offers a unique trading experience through an intuitive, easy-to-use platform with elaborate helping tools that bridge the gap between beginners and experienced traders. As an online Forex and CFD broker, FXGM ZA provides an exclusive list of financial assets such as different CFDs on assets, including currency pairs, commodities, cryptocurrencies, and indices.

FXGM ZA Pros & Cons

Pros

• Easy-to-use platform
• Different leveraging options
• Various research and helping tools

Cons

• The maximum leverage is 1:200 – not too low, but other brokerages offer higher leverages
• Extremely strict deposit and withdrawal policy, which on the other hand is good for safety

The Best FXGM ZA Features

Hundreds of assets available for trading:

FXGM ZA is a suitable broker to commence your Forex and CFD investment path. It provides a huge variety of Shares, Forex, Commodities, Indices, and cryptocurrencies.

Intuitive design:

You could use all the helpful features the desktop version has to offer as they are elegantly optimized and enhanced with the single touch mobile trading benefits the app offers. You can make fast trades from your mobile device from any point in the world. Also, you can always stay on track and get firsthand information and notifications regarding breaking financial news from all over the globe.

Elaborate helping tools:

The advanced helping tools of the PROfit platform, such as Financial news, the Economic Calendar, Currency Charts, assist you in coming up with the best strategies regardless of your trading experience. And there is probably the most elaborate technical analysis tool of all – the Autochartist. It will save you time by emphasizing opportunities and analyzing substantial amounts of information.

Dedicated Support Team:

FXGM ZA’s friendly support team provides help around the clock, no matter what question you might have. So, do not hesitate to contact them at all times.

Transparency and Protection

FXGM ZA operates in accordance with South African applicable laws and regulations, licensed by the South Africa Financial Sector Conduct Authority, under FSCA license FSP 50202. This means that traders enjoy services adherent to local laws and financial requirements.

FXGM ZA Overview

Licensing/Regulation: South Africa Financial Sector Conduct Authority (FSCA, South Africa), under FSP authorisation no. 50202

Financial instruments: Cryptocurrencies, ETFs, Stocks, Indices, Commodities, Currencies

Available platforms: Web, Mobile

Compatibility and optimization: iOS, Android

Deposit and withdrawal methods: Credit/Debit Cards (Only MASTERCARD or VISA is acceptable)

Account Types in FXGM ZA

Junior
You can deposit between $200 and $9,999, and you get a free eBook, free training, and a Personal Account Manager.

Premium
The deposits have to be higher – between $10,000 and $29,999. You also get a free eBook, free training, and a Personal Account Manager, and a Personal Customer Service Agent.

VIP
Here the deposits have to be between $30,000 and $49,999. As always, you receive a free eBook, free training, and a Personal Account Manager, a Personal Customer Service Agent, as well as Spread discounts FX Majors, Commodities, and Indices.

Executive
This exclusive account type requires deposits between $50,000 and $99,999. Aside from the free eBook, free training, and a Personal Account Manager, you also get a Personal Customer Service Agent, as well as Spread discounts FX Majors, Commodities, and Indices.

Royal
If you want to use the fanciest account type, you need to deposit above $100,000 to get a free eBook, free training, and a Personal Account Manager, a Personal Customer Service Agent, as well as Spread discounts FX Majors, Commodities, and Indices.

Each of these account types comes with an elaborate set of helping tools such as the Trading Insider, One Click Trading, Pop Up Alerts, and the Autochartist.

FXGM ZA Licensing & Regulation

FXGM ZA is a brand name operated by FXGM South Africa (Pty) Ltd regulated by the Financial Sector Conduct Authority (FSCA) with license FSP Authorisation No. 50202 and registered office at Unit 1, Village Corner, 57 Via Latino Crescent, Irene Corporate Corner, Irene, Gauteng 0178, South Africa.

Leverages and Pricings

• Foreign Exchange Currency Trading (FOREX) 1:200
• Gold, Silver, and Oil: 1:200
• Other Commodities: 1:100
• Single Stocks CFDs: 1:10
• ETF CFDs: 1:10
• Cryptocurrencies CFDs: 1:10
• Protected Positions: 1:10

FXGM ZA charges different fees:

• Financing fee for FX – 0.015% of the overnight exposure
• Financing fee on CFDs – 0.015% of the overnight contract value in US Dollars
• Financing fee for Cryptocurrencies – 0.1%
• Financing fee for inactivity – $100 USD per month on a quarterly basis following three months of inactivity

FXGM ZA User Experience

The innovative WebProfit platform is friendly enough to guide you through your first trades if you do not have any experience. But it is also powerful enough to cover your highest standards if you are a trading professional. It is web-based and does not require any downloads or installation. You can take advantage of research tools such as live quotes and charts, as well as all sorts of research tools. Aside from managing your own trading account, you can make deposits and withdrawals directly from the platform, and you can always stay aware of all market updates and breaking financial news.

The mobile PROfit platform is the mobile-friendly version, but it offers the exact same features, just optimized for your device, turning it into a pocket-size trading superpower. It is available for both iOS and Android devices and has plenty of convenient features like an intuitive interface.

Final Overview

FXGM ZA is a reliable and easy-to-use CFD trading platform with elaborate helping tools to guide you on your way to becoming an experienced trader. The broker’s transparency when it comes to deposits and withdrawals and maximum security is what sets it apart from the scam trading sites. With a variety of over 140 CFDs on various financial instruments like Forex, Commodities, Cryptocurrencies, and Indices, FXGM ZA offers relatively tight spreads even in intensely volatile times. The broker provides different leverage options and is strictly regulated to make sure your funds are in safe hands. It will not take long for you to gain experience as the platform provides state-of-the-art web and mobile technology, alongside elaborate helping tools and price alerts.

Contact Info

Website: https://www.fxgm.co.za/
Telephone: +27104464220
Company Address: Unit 1, Village Corner, 57 Via Latino Crescent, Irene Corporate Corner, Irene, Gauteng 0178, South Africa.

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