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FXGIM Review – is it scam or safe?

FXGIM Review  – Is www.fxgim.com scam or safe forex broker?

RATING: 1 / 1 REVIEWS FXGIM
FXGIM is an offshore broker. Your money is not safe.

RECOMMENDED FOREX BROKERS


 Trading accounts and conditions

 

 

Account type Minimum deposit Minimum trade size Maximum leverage Average spreads
Mini $250 0.01 lots 1:200 3 pips
Classic $1000 0.01 lots 1:200 2 pips
Premium $5000 0.01 lots 1:200 1 pips

 


FXGIM is a forex and CFD broker with a relatively extensive portfolio of trading assets. The broker has three main types of live trading accounts with more or less average trading conditions.


There are also a Diamond and VIP account with deposit requirements of $15 000 and $25 000, respectively, which we find rather high for an unregulated offshore broker.


FXGIM also offers money management accounts and a MasterCard co-branded debit card. It lets clients withdraw up to €3000.



The Company. Security of Funds


Company Country Regulation
G.I.M. Invests Ltd. Marshall Islands No


FXGIM is an unregulated offshore broker based on the Marshall Islands. The country is a popular registration destination for minor forex brokers and many of them are nothing but a scam.


We always advise that the offshore unregulated forex brokers be avoided. There are numerous other brokers with much better conditions, who are regulated by UK's FCA or the Australian Securities and Investment Commission (ASIC) and they are definitely recommendable.



Trading Platforms


FXGIM has made the most obvious choice and is offering the MetaTrader 4 (MT4) trading platform as the sole trading option for its clients. It is available in all its versions – desktop, web and mobile.


MT4 enjoys eternal popularity among both brokers and traders and has been on the market for more than 10 years. The platform is stable and reliable, has many functions, offers API connectivity, supports PAMM and MAMM functionality and has a wide selection of technical analysis and charting tools. It is also user-friendly and supports Expert Advisors and automated trading.



Methods of payment


FXGIM accepts payments through wire transfers, with the stipulation that the sum is no less than $1000. Clients can also fund their accounts with credit cards or through the online payment systems Neteller, Skrill or Money Bookers.

 


Conclusion


FXGIM is one of the hundreds of unregulated offshore forex brokers on the market that does not stand out with anything among its peers. Even the information about the MasterCard debit card is so vague, that it is as good as non-existent.


Pros Cons
  Unregulated
  High deposits

 

 

 

Latest news about FXGIM
No news about FXGIM. Check back later.
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Traders` reviews for FXGIM

Spread

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Slippage

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Requotes

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Price feed

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Platform

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Deposit/Withdraw

Pros

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Customer service

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Summary

Pros

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FXGIM Fraud

hola, llevo 5 meses intentando que me devuelvan mi dinero, y todo escusas, que si se habian cambiado de oficinas y tenian lio, que tenia que hacer un minimo de movimientos, que las centralitas estaban rotas y no podian etc etc, total que no me lo devuelven, he hablado con un tal Pedro Mujica y un tal Antonio Riviero o algo asi, vamos por mi parte a todas luces una estafa, espero que nadie meta dinero ahi

Translated by Google:

Hello, I have been trying for 5 months to get my money back, and excuses, that if they had changed offices and had lio, I had to do a minimum of movements, that the switchboards were broken and could not etc. etc, total not I got it back, I talked to a certain Pedro Mujica and a certain Antonio Riviero or something like that, we are going for my part, obviously a scam, I hope no one puts money there

David 07/25/2017
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