Online trading has brought sellers and buyers under a similar platform. Now, both investors and traders can execute trading without any market limit. Surprisingly, you can trade anywhere while sitting in any corner of the world. For instance, investing in the stock market has been made accessible due to this innovative digital pathway.
However, trading and investing are not easy both in digital and physical platforms. Indeed, you need reliable broker assistance to perform this task efficiently. Although online trading is an instant process, you still need third-party support in this regard.
Therefore, this review will zoom in the lens on one such broker service, which is FXGM ZA. This South African-based platform allows you to control your investment better and make informed decisions.
FXGM ZA; A Precise Overview
Before digging in, let’s discuss the primary features and precise overview of FXGM ZA. This brokerage firm operates in South Africa under license number 50202. Moreover, it provides a legitimate service and complies with all rules and regulations. Financial Sector Conduct Authority (FSCA) is responsible for its smooth and transparent functioning.
Most online trading platforms have a high likelihood of being subjected to scams. However, you can trust FXGM ZA without any hint of doubt. This platform offers no hidden charges and clearly displays its regulations and commissions. Following this, a person can execute the trade without paying additional charges.
Following are some primary benefits which you can get from its services;
- A certified platform with flexible and valuable marketing and trading tools
- Easy-to-operate website and mobile application
- Instant trading options
- No hidden fees
- 24/7 customer support service
- Enjoy unique features and bonuses
- Secure transfer of funds
With FXGM ZA, you will be able to hire a professional for more efficient trading. Your personal broker will walk you through the entire trading platform. Moreover, he can help you to locate the most profitable ROI. Therefore, FXGM ZA is an efficient tool for performing trading.
Why Opt For FXGM ZA
If you are new to this trading game, you may wonder why you should opt for FXGM ZA. Don’t worry; every new member asked this question to build their trust in FXGM ZA. This online trading platform possesses excellent features for building a positive image in its customers’ eyes. Following are some of its most remarkable features;
A Legit Platform
Undoubtedly, the online world is filled with scams. Only expert traders can recognize those fraudulent conducts. Therefore, FXGM ZA has created a platform that operates under the supervision of experts. That technical and well-qualified staff is able to detect the whistle-blow.
Moreover, Financial Sector Conduct Authority (FSCA) is responsible for its smooth and transparent functioning. Hence, you can keep your funds secure by trading through this platform.
Investment Control
You are solely responsible for handling the trading. This platform will only provide you with the medium to execute this process. Hence, you are the decision-maker and should decide where and when to invest. FXGM ZA will only provide legal advice, and it’s up to you to either follow or decline that advice.
24/7 Customer Support Service
Whether you face any technical issues or need a trading guideline, FXGM ZA’s customer support service will provide instant help. In this unknown world of trading, you are not alone. Its team will be there to assist you in every matter.
Special Features
FXGM ZA introduces amazing features to facilitate its clients. It has launched SMS and email alerts so users can trade according to the latest developments. Moreover, it provides financial analysis tools to help its clients in decision-making.
140 Trading Instruments
FXGM ZA has introduced 140 tradable assets. Whether you want to trade cryptocurrencies or stocks, you have plenty of trading options. This way, it provides its full potential so its users can access profitable trading assets.
Regulations
FXGM ZA has stipulated firm and easy-to-obey regulations. It is a registered firm that has gained noticeable importance in recent years. Although an independent firm, it is regulated by FSCA for smooth functioning. Moreover, it is a licensed firm that works in the best interest of investors.
Market Tools
The biggest perk of a digital platform is having access to well-functioning and helpful tools. FXGM ZA review will provide insight into these tools’ significance and application. These tools provide accurate information and help to target the high-profit region. Similarly, FXGM ZA has launched various market tools for traders, which are;
Charts
Like any physical charts, these virtual charts display valuable information. You must stay updated on significant currencies if you are within the trading premises. At that moment, these charts come into action. These free-of-cost market tools help you to decide the terms of trading.
These charts provide the latest information about stocks, indices, commodities, and even particular currency pairs. However, one should not make the decision solely based on these values.
Economic Calendar
The Economic Calendar offers the latest updates related to trading and investment. Moreover, it keeps you posted on upcoming events that can be helpful to upscale revenues and trading prospects.
Financial News
As soon as you step into the trading world, you need the latest updates to mark your new trading spot. The trading market is a relatively fluctuating one. The entire scenario can change in a minute. Therefore, you need to get the latest updates regarding finance and trading.
FXGM ZA provides financial news to its users by SMS and email alert. Hence, you can use this feature to make yourself aware of the global market status.
Autochartist
It is the first market scanner that provides technical analysis. Moreover, it filters various marketing events and predicts the market’s volatility. Hence, through daily market reports, it sends signals to its users.
Trading Platform
Apparently, FXGM ZA provides two trading platforms. In this digital era, you don’t have to visit the stock market or various investment projects to make your decision. Now, everything is available online. Similarly, FXGM ZA is equipped with powerful tools to provide complete market knowledge.
FXGM ZA is a certified online platform that functions via two mediums, Mobile PROfit and Web PROfit. This way, it provides you with two options to execute your trading. The Mobile PROfit allows you to trade by using your smartphones. Hence, you can have an instant trading option by using this feature.
Interestingly, you can avail of another trading option, Web PROfit. It provides a user-friendly interface and allows you to perform trading efficiently. Furthermore, you can also get the latest updates to designate the right spot for investing. This way, these trading platforms are efficient enough to determine the right trading spot for you.
Account Types
If you are new to this, you must first decide on the account type. Selecting the type of account can unlock significant benefits to optimize your trading. Following are the account types that usually operate within the FXGM ZA platform are;
Junior
It accounts for beginner traders who want to pursue their trading career but with limited investment. To run this account, you need to deposit $200 in your account. You can get different services with this account, such as free training and ebooks.
Premium
To activate your premium account, you must deposit an amount varying from $10,000 to $29,999. With this, you can avail of the same benefits as a Junior account.
VIP
To begin with a VIP account, you must deposit $30,000. Further, this account enjoys significant benefits, such as Autochartist, Spread discount on FX Major, Commodities, and indices.
Executive
The minimum equity for operating this account should be $50,000.
Royal
The royal account holder must deposit a minimum amount of $100,000. Besides significant leverages, it can enjoy services like an Executive account holder.
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Frequently Asked Question
When it comes to online trading, people are a bit scared and conscious. Usually, they are not willing to trust a new platform. Following this, many traders have dropped their questions about FXGM ZA’s credibility. Most asked questions are illustrated below.
How much deposit is required to open an account with FXGM ZA?
To open an account, you must deposit a minimum amount of $200.
What is the minimum leverage offered by FXGM ZA?
At this stage, the minimum leverage is approximately 1:200.
Is this a legal platform?
It is the most frequently asked question as people are more concerned about their funds’ safety. FXGM ZA is a licensed platform that follows FSCA regulations. Hence, it strictly complies with the laws and can be trusted for trading.
Does it operate only in South Africa?
It works only within South African premises. Hence, you must be a South African citizen to operate this account.
Final Thoughts
This broker is guided and regulated by FSCA, giving investors a wave of satisfaction. You can trust this firm due to its transparent service, professional guidance, and highly flexible tools. Online trading can be challenging, especially for one lacking technical information. On the contrary, FXGM ZA is equipped with tools for a user-friendly interface for swift trading.
Therefore, trusting it will get you profitable trading, extensive market knowledge, and professional guidelines.