Profile
This FX Grow review analyses the broker’s regulatory profile, execution models, available platforms, and its dual focus on retail and institutional traders. Operated by Growell Capital, FX Grow offers flexible trading solutions via multiple account types and access to key global instruments under a CySEC regulatory umbrella.
Regulation and Safety
FX Grow is operated by Growell Capital Ltd, authorised and regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number 214/13. As a Cyprus Investment Firm (CIF), it complies with MiFID II requirements, ensuring:
- Segregated client funds
- Investor Compensation Fund (ICF) eligibility up to €20,000
- Negative balance protection
- Periodic reporting and financial audits
Execution Model and Trading Platforms
FX Grow offers hybrid execution models combining STP and ECN, depending on the account type. All clients benefit from no dealing desk execution. Available trading platforms include:
- MetaTrader 4 (MT4) – Desktop, Web, and Mobile
- FIX API – available for institutional accounts
The broker uses deep liquidity from Tier 1 providers with ultra-fast execution. VPS hosting is available for algorithmic and latency-sensitive strategies.
Markets and Instruments
FX Grow provides access to a wide selection of instruments, including:
- Forex – over 60 currency pairs
- Indices – major global benchmarks
- Commodities – gold, silver, crude oil
- Stocks – US and European CFD shares
- Cryptocurrencies – BTC, ETH, XRP, LTC
The total instrument offering exceeds 300 assets across asset classes.
Accounts, Spreads and Leverage
FX Grow offers three main account types:
- ECN Account: Raw spreads from 0.0 pips + $8/lot commission
- STP Account: Spreads from 1.2 pips, zero commission
- VIP Account: Custom pricing and lowest spreads, for high-volume traders
Minimum deposit starts at $100. Leverage is capped at 1:30 for EU clients, while professional accounts can access up to 1:200. Stop-out level is typically 50%.
Funding and Base Currencies
FX Grow supports several funding options, including:
- Bank wire transfers
- Credit/debit cards (Visa/Mastercard)
- eWallets (Skrill, Neteller)
- Crypto payments (BTC, ETH, USDT) – subject to availability
Accepted base currencies include USD, EUR, GBP, and CHF. Deposits are processed instantly in most cases, while withdrawals are completed within 1–3 business days.
Client Protections and Features
As a CySEC-regulated broker, FX Grow offers the following client protections:
- Negative balance protection
- ICF coverage up to €20,000
- SSL encryption and 2FA login
- Segregated accounts in EU banks
- Regulatory audits and risk monitoring
Institutional and Retail Offering
FX Grow caters to both client segments:
- Retail: MT4, STP accounts, trading academy, live support
- Institutional: FIX API, custom liquidity, white-label, MAM/PAMM support
The broker provides multilingual support, market analysis, and trading tools suited for strategy automation and portfolio scaling.
Pros and Cons
Pros
- CySEC-regulated with MiFID II compliance
- ECN and STP execution models
- MT4 and FIX API access
- Diverse instruments including crypto
- Institutional-grade tools and liquidity
Cons
- Limited educational content for advanced traders
- Leverage capped for EU retail clients
- No MT5 support
Frequently Asked Questions
Is FX Grow a regulated broker?
Yes, FX Grow is regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number 214/13.
What platforms does FX Grow support?
FX Grow supports MetaTrader 4 for all devices and offers FIX API connectivity for institutional clients.
What is the minimum deposit at FX Grow?
The minimum deposit is $100 for STP and ECN accounts. VIP account thresholds vary based on trading volume.
Does FX Grow offer cryptocurrency trading?
Yes, FX Grow offers CFD trading on major cryptocurrencies such as Bitcoin, Ethereum, and Litecoin.
Is FIX API available for professional traders?
Yes, FX Grow offers FIX API access for institutional and high-frequency traders.