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.
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.
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.
FXGIM Review Conclusion
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