Brokers  /  FXGROW

FXGROW

Moderate risk
🇨🇾 Cyprus · 5-10 years · since 2017-09-13 · Growell Capital Ltd
CYSEC
Visit site ↗
—/5
★★★★★ ★★★★★
45 reviews ›
1
Licenses ›
26
Withdrawal issues ›
$100
Min. deposit ›
100:1
Max leverage ›
3
Account types ›
27/100
Scam risk ›
2
Clone sites ›
Accounts: ECN · $100ECN-PLUS · $1,000ECN-ELITE · $10,000
▲ 5% positive▼ 89% negative
Independent ratingshow third parties score this broker
WikiFX6.25/10
Trustpilot—/5
Forex Peace Army2.176/5
27
Moderate risk
Scam Risk Scoremonitored · 2026-07-05
Lower riskHigher risk
  • Authorised by Tier-1 regulator(s): CYSEC
  • 16 user exposure/complaint reports filed
  • Withdrawal complaints in ~137% of recent reviews
How this score is calculated — view the open algorithm

A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.

FactorScoreWeight
Regulation & licensing835%
Company age2215%
Clone / impersonation012%
Withdrawal & exposure complaints10012%
Offshore registration108%
Transparency (site/info/social)2510%
Real-user sentiment708%

Based on public regulatory records, industry databases and independent reviews (Trustpilot, Forex Peace Army). Exit Risk reflects recent negative momentum in real reviews. A risk estimate from public data, not a definitive legal judgment; brokers may request a correction.

Company
Legal nameGrowell Capital Ltd
Headquarters🇨🇾 Cyprus
Founded2017-09-13
Years operating5-10 years
Employees0
Official websitefxgrow.com
Trading conditions
Avg execution speed0 ms
Avg slippage0
Swap rating—
Trading cost rating—
Monitored traders0
Monitored orders0
Funding & instruments
Deposit methods · --
Withdrawal methods · --
Instruments--
Registered address
Arc. Makariou C 59 Steratzias Court Block A , Office 14, 4003 Limassol, Cyprus

Regulation & licenses · 1

RegulatorLicense typeLicense No.RegionStatus
CYSECMarket Making License (MM)214/13CyprusRegulated

Account types · 3

AccountMax leverageMin. depositMin. spreadCommissionEA
ECN100:1$100Variable from 1.200000--✓
ECN-PLUS100:1$1,000Variable from 0.0000108✓
ECN-ELITE--$10,000Variable from 0.0000106✓

Review analysis AI

Across 19 recent Trustpilot reviews, 89% are 1–2 star. The single most common complaint is being unable to withdraw funds (26 reports) — the classic warning sign in forex. We also found 2 clone site(s) impersonating this brand — a frequent vehicle for scams.

0
Period:
What users complain about
What users praise
Where reviewers are from
Hong Kong17
New Zealand1
United Kingdom1

Real user reviews

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About FXGROW

FXGROW is a forex and CFD broker based in Cyprus, with records dating to 2017-09-13. It reports oversight from CYSEC.

FXCanary’s verdict is “Guarded.” There are enough red flags that we’d urge caution before depositing.

Finally, beware of impersonation: we tracked 2 clone website(s) copying FXGROW. Always reach the broker through its verified official domain, never via links in ads or messages.

Overview compiled by FXCanary from regulatory records and public data. full FXGROW review