All Share (J203) = 89 898
Rand / Dollar = 18.22
Rand / Pound = 23.58
Rand / Euro = 19.64
Gold (usd/oz) = 3 083
Platinum (usd/oz) = 988.31
Brent (usd/barrel) = 73.28
Trade +10,000 CFDs with Tight Raw Spreads. – Trade Now!

FXGM Account Types

FXGM Account Types
 

FXGM offers traders five different account types. A Junior Account, Premium Account, VIP Account, Executive Account and a Royal Account. All  of their accounts comes  with a personal account manager.

 

Junior AccountPremium AccountVIP AccountExecutive AccountRoyal Account
Account balance$200 - $9,999$10,000- $29,999$30,000- $49,999$50,000- $99,999Above $100,000
e-bookFreeFreeFreeFreeFree
TrainingFreeFreeFreeFreeFree
Personal Account Manager✔️✔️✔️✔️✔️
Personal Customer Service Agent✔️✔️✔️✔️
Autochartist✔️✔️✔️✔️✔️
Spread discount on FX Majors✔️✔️✔️
Spread discount on Commodities✔️✔️✔️
Spread discount on Indices✔️✔️✔️

 

Min Deposit

USD 200

Regulators

CySEC, MiFID

Trading Platform

PROfit, WebPROfit, Mobiel PROfit

Crypto

Yes

Total Pairs

0

Islamic Account

No

Trading Fees

Low

Account Activation

24 Hours

 

📍 Choose your quick section of our FXGM Account Types below.

 

FXGM Account types – 8 key points quick overview:

  1. ✔️FXGM Overview
  2. ✔️FXGM Account Types
  3. ✔️FXGM Account Features
  4. FXGM Islamic Account
  5. FXGM Demo Account
  6. FXGM Pros and Cons
  7. Conclusion
  8. Frequently Asked Questions

 

📍 FXGM was founded in 2006 and is in Nicosia, Cyprus. The company is registered as a Cyprus Investment Firm (CIF) under the Cyprus Securities and Exchange Commission, CySEC.

 

FXGM Overview

 

FXGM Overview

 

FXGM is a global online broker and registered brand name of Depaho Ltd. that offers forex, CFD, stocks, commodities, indices, and cryptocurrency.

 

FXGM was founded in 2006 and is in Nicosia, Cyprus. The company is registered as a Cyprus Investment Firm (CIF) under the Cyprus Securities and Exchange Commission, CySEC. Depaho Ltd. operates in accordance with the Markets in Financial Instruments Directive (MiFID) of the European Union, which provides a harmonized regulatory environment for investment services across the European Economic Area (EEA).

 

FXGM is also licensed by the South Africa Financial Sector Conduct Authority (FSCA). FXGM encrypts and password-protects all personal data stored electronically and uses firewalls and authentication systems to prevent unauthorised access.

 

FXGM Overview

 

Since 2025, the company delivers services to EU states, South Africa, Switzerland, and Ukraine. Depaho has a branch in Malaga, Spain, too. The broker offers its own-brand PROfit platform as both a web-based and mobile app but other platforms such as MT4 are not provided. The global FXGM entity offers an impressive range of asset classes and tight spreads across many of these asset classes.

 

FXGM does not offer a demo account, only a so-called ‘live demo environment’ in which traders can enjoy the First Protected Positions tool for thirty days. This returns any losses for the first five (ZA) or ten (global) trades and users can keep any profits.

 

FXGM offers comprehensive research resources and trading tools including an economic calendar, financial news articles, and informational pages.

 

FXGM Account Types

 

FXGM Account Types

 

Available FXGM accounts depend on the trader’s jurisdiction and minimum deposit. All accounts include a free eBook, training, and a personal account manager. FXGM Global offers six account types with minimum deposits from $200 to $30 000 while FXGM ZA offers five types with minimum investments from $200 to $100 000.

 

The Discovery account requires a minimum deposit of $200, the Silver account requires $400 and the Gold account starts with at least $1000 on deposit. All three types offer leverages of 1:200, an eBook, online trading, free training, and a personal account manager.

 

Qualifying traders can also open a professional account, which offers higher leverage and 0% margin close-out alongside negative balance protection.

 

FXGM Account Features

 

Junior Account

 

FXGM Account Features Junior Account

 

Junior Account
Account balance$200 - $9,999
e-bookFree
TrainingFree
Personal Account Manager✔️
Personal Customer Service Agent
Autochartist✔️
Spread discount on FX Majors
Spread discount on Commodities
Spread discount on Indices

 

Premium Account

 

FXGM Account Features Premium Account

 

Premium Account
Account balance$10,000- $29,999
e-bookFree
TrainingFree
Personal Account Manager✔️
Personal Customer Service Agent✔️
Autochartist✔️
Spread discount on FX Majors
Spread discount on Commodities
Spread discount on Indices

 

VIP Account

 

FXGM Account Features VIP Account

 

VIP Account
Account balance$30,000- $49,999
e-bookFree
TrainingFree
Personal Account Manager✔️
Personal Customer Service Agent✔️
Autochartist✔️
Spread discount on FX Majors✔️
Spread discount on Commodities✔️
Spread discount on Indices✔️

 

Executive Account

 

FXGM Account Features Executive Account

 

Executive Account
Account balance$50,000- $99,999
e-bookFree
TrainingFree
Personal Account Manager✔️
Personal Customer Service Agent✔️
Autochartist✔️
Spread discount on FX Majors✔️
Spread discount on Commodities✔️
Spread discount on Indices✔️

 

Royal Account

 

FXGM Account Features Royal Account

 

Royal Account
Account balanceAbove $100,000
e-bookFree
TrainingFree
Personal Account Manager✔️
Personal Customer Service Agent✔️
Autochartist✔️
Spread discount on FX Majors✔️
Spread discount on Commodities✔️
Spread discount on Indices✔️

 

With the more exclusive accounts traders receive free trading signals and months of free trading. The same assets categories are available to traders of these three accounts.

 

FXGM Islamic Account

 

FXGM does not offer traders who follow the Sharia law the option of an Islamic Account.

Often an Islamic account is provided as an option where traders can convert their live trading account to an Islamic Account, or in other cases it is a standalone account with a separate application procedure.

 

FXGM Demo Account

 

FXGM does not offer traders the option to open a demo or practice account.

 

📍 A practice account usually has the following uses:

➡️ Traders who want to evaluate and compare brokers and would like to explore FXGM’s trading conditions in a risk-free environment.

➡️ Traders who want to test their trading strategies in an imitated live trading environment without risking their own capital.

 

FXGM does not offer such a demo account, only a so-called ‘live demo environment’ in which traders can enjoy the First Protected Positions tool for thirty days. This returns any losses for the first five (ZA) or ten (global) trades and users can keep any profits.

 

Min Deposit

USD 200

Regulators

CySEC, MiFID

Trading Platform

PROfit, WebPROfit, Mobiel PROfit

Crypto

Yes

Total Pairs

0

Islamic Account

No

Trading Fees

Low

Account Activation

24 Hours

 

FXGM Pros and Cons

✔️ Pros❌ Cons
Fully featured mobile app is availableNo demo account can be opened without a deposit
Many account types to suit a variety of investorsWeak FAQ Section  
Wide range of asset classes to tradeNo MT4 or MT5 platforms can be used
Regulation from two reputable financial bodies

 

Conclusion

 

FXGM offers traders five different account types. A Junior Account, Premium Account, VIP Account, Executive Account and a Royal Account. All  of their accounts comes  with a personal account manager.

 

FXGM Contact us

 

You might also like: FXGM Review

You might also like: FXGM Demo Account – Step by Step

You might also like: FXGM Fees and Spreads

You might also like: FXGM Islamic Account Overview

You might also like: FXGM Minimum Deposit

You might also like: FXGM Sign up Bonus

 

Frequently Asked Questions

 

 

5/5 - (15 votes)

Written by:

Louis Schoeman

Edited by:

Skerdian Meta

Fact checked by:

Arslan Butt

Updated:

August 30, 2022

Written by:

Louis Schoeman

Featured SA Shares Writer and Forex Analyst.

I am an expert in brokerage safety, adept at spotting scam brokers in mere seconds. My guidance, rooted in my firsthand experience with brokers and an in-depth understanding of the regulatory framework, has safeguarded hundreds of users from fraudulent brokerage activities.

Edited by:

Skerdian Meta

Leading Analyst

Skerdian Meta FXL’s Heading Analyst is a professional Forex trader and market analyst and has been actively engaged in market analysis for the past 10 years. Before becoming our leading analyst, Skerdian served as a trader and market analyst at Saxo Bank’s local branch, Aksioner, the forex division and traded small investor’s funds for two years.

Fact checked by:

Arslan Butt

Commodities & Indices Analyst

Arslan Butt, a financial expert with an MBA in Behavioral Finance, leads commodities and indices analysis. His experience as a senior analyst and market knowledge (including day trading) fuel his insightful work on cryptocurrency and forex markets, published in respected outlets like ForexCrunch.

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