CNMVSpainTier 1Licence number
3321
View licence record- Licence holder
- Held by FXGM
- Licence type and regime
- Retail Forex License
Not checkedUpdated
At a glance
Regulation on record for FXGM
Counts of what is on record, not a rating. Each figure describes the register entries Wikilix holds and the checks it has run against them.
- Licences on record
- 6
- Issuing authorities
- 6
- From tier-1 or tier-2 authorities
- 6
- Found on an official register
- 0
FXGM has 6 licences on record with Wikilix, issued by 6 authorities across 6 jurisdictions. 6 of them were issued by tier-1 or tier-2 authorities — the regimes with the strictest capital, reporting and client-money rules. None has yet been located on an issuing authority’s own register, so every entry here should be read as claimed rather than confirmed.
One licence comes from an authority classed as offshore. An offshore regime can be a legitimate registration, but it typically carries lower capital requirements and no compensation scheme.
Issuing authorities
Jurisdictions
Licence record
Licences on record
Every licence on record for FXGM, strongest authority first.
6 records
- CNMVSpainTier 1
FCAUnited KingdomTier 1Licence number
593528
View licence record- Licence holder
- Held by FXGM
Not checkedUpdated
BaFinGermanyTier 1Licence number
130520
View licence record- Licence holder
- Held by FXGM
- Licence type and regime
- Retail Forex License
Not checkedUpdated
CONSOBItalyTier 2Licence number
3567
View licence record- Licence holder
- Held by FXGM
- Licence type and regime
- Retail Forex License
Not checkedUpdated
FSCASouth AfricaTier 2Licence number
47709
View licence record- Licence holder
- Held by FXGM
- Licence type and regime
- Offshore
Not checkedUpdated
CySECCyprusTier 2Licence number
161/11
View licence record- Licence holder
- Held by FXGM
- Licence type and regime
- Market Making(MM)
Not checkedUpdated
Protection
What this licence protects
CNMV's own rules for the firms it authorises.
- Compensation schemeUp to €20000 (ICF)
- Negative balance protection
- Complaints routeCNMV Investor Service
- Maximum leverage1:30
Frequently Asked Questions
Questions about the licences held by FXGM
Answered from the register entries on this page.
Most Popular Questions
FXGM offers a maximum leverage of up to 200:1. This leverage level applies across their trading accounts, allowing traders to control larger positions with a smaller amount of capital.
The minimum deposit amount required by FXGM is 200 USD. This allows clients to start trading with the broker under their variable spread and leverage conditions.
FXGM supports various funding methods including VISA, Mastercard, Maestro, bank transfers, Skrill, Neteller, PayPal, and others. Deposits are typically instant with no broker-imposed fees, while withdrawals require verification and funds must return to the original deposit source. Processing times vary, with bank transfers taking up to 3 business days.
According to WIKILIX data, FXGM offers the MetaTrader 4 platform, which is available on iOS, macOS, Android, and Windows. MetaTrader 4 is known for advanced charting, automated trading via Expert Advisors, and reliable execution.
FXGM is regulated by several authorities including CySEC in Cyprus, BaFin in Germany, FCA in the UK, and others. Client funds are protected up to €20,000 under the Investor Compensation Fund in Cyprus and similar protections apply in other jurisdictions. FXGM operates with high transparency and follows onshore regulatory standards.
FXGM has 6 licence records with Wikilix, issued by 6 authorities across 6 jurisdictions. A licence on record means an authority published an entry; it is not an endorsement, and Wikilix does not issue authorisations.
FXGM holds licence records issued by CNMV, FCA, BaFin, CONSOB, FSCA, CySEC. Each authority’s own record — its tier, jurisdiction and client-protection rules — is linked from this page.
6 of the licence records held by FXGM come from tier-1 or tier-2 authorities (3 tier-1, 3 tier-2). Those regimes set the strictest capital, reporting and client-money requirements.
Not yet. None of the 6 licence records held by FXGM has been located on an issuing authority’s register, so each should be read as claimed rather than confirmed. Every record links to the official register so you can check it yourself.
FXGM has licence records in Spain, United Kingdom, Germany, Italy, South Africa, Cyprus. A licence applies in the jurisdiction that issued it; it does not by itself cover clients elsewhere.