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Forex Bank or Not?

November 4, 2009 (Last updated on November 9, 2009) by

FXG Bank (or FX Global Bank) is a new Forex broker that was added to the list of brokers on my site today. Despite the word “bank” in its title, it’s based in BVI and is still unregulated. But, in my opinion, that doesn’t matter much — lately, Forex brokers like to take some really weird names to attract more traders. This company is an MT4 Forex broker, which also offers free access to the web-based interface to MetaTrader platform (currently worth $49/month) to its real account traders. The trading account can be opened with as little as $100 and the leverage of up to 1:400 allows rather flexible trading. Other highlights of this broker include:

  • Gold and silver trading
  • Up to 50$ deposit bonus
  • Muslim-friendly accounts available
  • 3 pips spread on EUR/USD
  • No U.S. citizens
  • Domain name expires in less than a year


If you have any questions or comments regarding FXG Bank Forex broker, please, feel free to reply using the form below.

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