Deciding to start trading is one thing, getting the best trading platform is another. Whenever choosing a trading platform you need the security of your investments, ease of use, wide range of assets, and several other features.
If you are looking for a perfect fit, then FXGM ZA is the best option. Here is all to know about this broker.
What is FXGM ZA?
FXGM ZA is an online trading platform based in South Africa. It is licensed and regulated by the FSCA with license no.50202. The platform sets itself apart by offering an intuitive and easy-to-use platform that comes with multiple helping tools. It is ideal for both beginners and expert traders.
FXGM ZA offers a wide range of financial assets like commodities, currency pairs, indices, and cryptocurrencies.
FXGM Pros and Cons
- Good selection of instruments
- An easy to use platform
- Various trading analysis and research tools
- Different leveraging options
- No comprehensive education
- Does not offer an MT4 trading platform or alternative
- No 24.7 customer support
FXGM ZA Overview
Headquarters: South Africa
Deposit and withdrawal methods: Credit/debit cards
Demo account: Available
Minimum deposit: $100
Education: Multiple trading tools and services
Customer support: 24/5
The Stand-out FXGM ZA Features
Multiple helping tools
FXGM ZA provides a PROfit trading platform that comes with various helping tools like currency charts, an economic calendar, and financial news. These tools help you analyze the markets for informed trading, hence better chances of winning.
FXGM ZA comes with an interactive design that has several trading tools to make for an immersive trading experience. It also allows for faster trading options both on mobile and web access.
Accounts in FXGM ZA
Operating an account on FXGM ZA is quite easy. It provides for fast account opening as you only enter a few details. You can then opt for either an individual or professional account depending on skills and trading goals.
The trading platform provides a demo account where you can learn before you start spending your money on the live account. It then provides for 6 account types defined by account equity. These account types are basic, discovery, silver, gold, diamond, and VIP.
FXGM ZA FAQs
Is FXGM ZA legit?
One of the major concerns whenever speaking about CFD brokers is their legitimacy. So far, the FXGM review has established the platform to be legit. It is operated in South Africa by FXGM South Africa (Pty) Ltd and is regulated by the FSCA.
How are you protected when trading at FXGM ZA?
The regulation of the platform by the FSCA means it complies with all the customer protection and anti-money laundering provisions. That is why you have to provide identification details when withdrawing or depositing money on the platform.