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FxGrow Discussion

  • #1
  • First Post: Jul 30, 2015 6:06am Jul 30, 2015 6:06am
Hello everybody,

Im new here so I wanted to break the ice and introduce myself. My name is Jad Harajli and I am part of the team over at forex broker FxGrow.

From now on I will be a regular visitor of this forum so if anybody has any questions or enquiries, please feel free to comment or start a thread and I will get back to you ASAP.

For those of you who are perhaps unaware of FxGrow, you really dont know what youve been missing :-) To make my point let me give you some of the highlights about FxGrow:
Trade forex, CFDs, energies, and precious metals
Ultra low spreads from 0.00001
True ECN/STP execution
Cutting edge trading platforms such as NetStation and MT4
EU regulated with CySEC license
Committed to transparency and client protection
Fast, commission-free and secure payment options

More information on these points and more can be found on our website at www.fxgrow.com.

You will also be interested to know that we are always running some great promotions as a way to welcome new clients and to reward those who continue to trade happily with us. So please visit our website for details or just comment below if you have any particular questions Im here to help!
  • #2
  • Jul 30, 2015 9:57am Jul 30, 2015 9:57am
Hello Mr. Jad harajli i visited your website and i really liked what you guys offer , but i have a question , is scalping and hedging allowed ?
  • #3
  • Jul 30, 2015 10:25am Jul 30, 2015 10:25am
Quoting aharissi
Hello Mr. Jad harajli i visited your website and i really liked what you guys offer , but i have a question , is scalping and hedging allowed ?

Hello sir!
HFT, Scalping, Hedging & EAs are allowed at FxGrow since we are ECN/STP brokers there is no re-quotes/no conflict of interest between us and traders.
Don't hesitate to ask me if you have any other question.
  • #4
  • Jul 30, 2015 10:34am Jul 30, 2015 10:34am
Hi sir

can you provide us a list of your liquidity provider and how you got your special platform i like it so much

have a nice day sir
focus while relaxed to see better
  • #5
  • Jul 30, 2015 11:35am Jul 30, 2015 11:35am
Quoting orabi
Hi sir can you provide us a list of your liquidity provider and how you got your special platform i like it so much have a nice day sir
Hello Mr. Orabi,

Our flow consists of an aggregated pool of liquidity venues which includes tier-1 banks and CFD brokers also other execution venues. This list includes but is not limited to Citibank, UBS, Goldman Sachs, JP Morgan, BNP Paribas, etc.
Regarding our special platform I bet you're talking about our NetStation platform, am I correct?
  • #6
  • Jul 30, 2015 11:39am Jul 30, 2015 11:39am
Quoting FxGrow
{quote} Hello Mr. Orabi, Our flow consists of an aggregated pool of liquidity venues which includes tier-1 banks and CFD brokers also other execution venues. This list includes but is not limited to Citibank, UBS, Goldman Sachs, JP Morgan, BNP Paribas, etc. Regarding our special platform I bet you're talking about our NetStation platform, am I correct?
Hello
Thank you sir
yes i am talking about it i like your depth it is very good and the platform is very good did you made it alone i really liked it you use netdiana and there news plus many capitulates .

i have to say you came very strong to this market and you will have a big share at least i will surely invest with you .

nice doing business with you sir so far

thank you so much and have a nice day
focus while relaxed to see better
  • #7
  • Jul 30, 2015 3:22pm Jul 30, 2015 3:22pm
Hi sir

i could not run the platform could you help me out

have a nice day please
focus while relaxed to see better
  • #8
  • Jul 31, 2015 8:16am Jul 31, 2015 8:16am
Quoting orabi
Hi sir i could not run the platform could you help me out have a nice day please
Of course sir,
Just tell me what you're facing & I sure am going to walk you through the setup of the platform.
  • #9
  • Aug 3, 2015 6:26am Aug 3, 2015 6:26am
Hi sir

it is working now i am using net station and i really liked it very much spreads are down as zero 30% of time in eurusd it is so great .

also it have good capabilities i think it is the last platform from netdiana .

i am anxious waiting to fund my account next week to try it out i need to get little used to it though

thank you very much sir and wish you the best
focus while relaxed to see better
  • #10
  • Edited 6:57am Aug 3, 2015 6:46am | Edited 6:57am
Quoting FxGrow
Committed to transparency


i don't find your commission on ECN plus account and your swap rates
Are you a WL of CFH clearing ?
  • #11
  • Aug 3, 2015 8:13am Aug 3, 2015 8:13am
Quoting duxis
{quote} i don't find your commission on ECN plus account and your swap rates Are you a WL of CFH clearing ?
From their FAQS:

http://www.fxgrow.com/images/plus.gif What are your commissions and fees on trading ?
FxGrow charges 0.4 USD on FX & Metals (per 1 Mini lot per side) and 0.25 USD on CFDs (per 1 lot per side).
No Commission Account: FxGrow is compensated for its services through the bid/ask spread.
- See more at: http://www.fxgrow.com/faqlist.php#sthash.9jhJG3jN.dpuf
  • #12
  • Aug 3, 2015 8:48am Aug 3, 2015 8:48am
Quoting duxis
{quote} i don't find your commission on ECN plus account and your swap rates Are you a WL of CFH clearing ?
i think they may be
focus while relaxed to see better
  • #13
  • Aug 3, 2015 10:07am Aug 3, 2015 10:07am
Quoting duxis
{quote} i don't find your commission on ECN plus account and your swap rates Are you a WL of CFH clearing ?
Our commission on ECN Plus account is $12 per lot (of course this commission is relatively low due to our low spreads)
Commission is variable depending on the account initial deposit for example:
ECN Plus account (raw spreads) with $1000 initial deposit is charged $12 per lot but it can be negotiated in regards to amount of initial deposit and/or monthly traded volume.
As for our swap, I uploaded a full list of our rates as it is updated regularly.
Lastly, we are not WL of CFH clearing as we are an independent brokerage firm.
Hope that I helped answer your questions and please don't hesitate to ask me if you have any more questions.
Cheers!
Attached File(s)
File Type: xlsx Swap_Rates.xlsx   36 KB | 263 downloads
  • #14
  • Aug 3, 2015 10:15am Aug 3, 2015 10:15am
Quoting orabi
Hi sir it is working now i am using net station and i really liked it very much spreads are down as zero 30% of time in eurusd it is so great . also it have good capabilities i think it is the last platform from netdiana . i am anxious waiting to fund my account next week to try it out i need to get little used to it though thank you very much sir and wish you the best
That's correct sir, our famous NetStation platform is provided by NetDania.
Hope you're enjoying it! (I know you are)
  • #15
  • Aug 3, 2015 10:42am Aug 3, 2015 10:42am
yes i am i really like it so much
thank you sir
have a nice day please
focus while relaxed to see better
  • #16
  • Aug 3, 2015 12:19pm Aug 3, 2015 12:19pm
Quoting FxGrow
Our commission on ECN Plus account is $12 per lot
R/T ? , i guess so
  • #17
  • Aug 3, 2015 12:29pm Aug 3, 2015 12:29pm
Quoting duxis
{quote} R/T ? , i guess so
If by R/T you mean round turn then yes sir.
  • #18
  • Edited 1:35pm Aug 3, 2015 1:20pm | Edited 1:35pm
i checked your data feed, compared to FXCM, JFD and LCG,
your feed is very poor for an ECN, twice less than others in term of tick volume, as a consequence : more slippage to plan.
Your low spreads only paint part of the picture.
  • #19
  • Aug 3, 2015 1:48pm Aug 3, 2015 1:48pm
To FxGrow:

I have a few questions for you if you can answer it that would be appreciated.

1) When we place a trade in your platform, are you the counterparty to that trade?

2) When you are the counterparty to our trades, do you hedge your transactions?

3) Do you have some legal product disclosure documents that we can look at?

And please be honest in your answers if you can so we can make our decisions accordingly. Thank you.
Make your losses in demo. Earn your profits live.
  • #20
  • Edited 2:22pm Aug 3, 2015 2:06pm | Edited 2:22pm
Quoting FxGrow
we are not WL of CFH clearing as we are an independent brokerage firm.
I asked the question because I found similarities with CFH

http://www.cfhclearing.com/our-clients/


scroll down to "white label partners, start your own brokerage"
The same platforms are offered, FCHpro = Growpro, Netstation.....

If you say that there are no links, I am doubtful
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