Active since Feb 2022
Fxgm za needs to close it's doors. People must stay away from it they are a pyramid scheme hiding behind a FSP number. They come through to you as if they are legit meanwhile they are ****. The account manager that was appointed to my account is from Bulgaria redflag number 1. He's name is Martin he is the rudest person I've come across ever. They have sales consultants who will on board from RSA and they will tell you that the 4000 you start with is good enough soon as you sign up with them and put a deposit then the real business starts. When the manager calls you the first thing you get told is that 200 dollars will take you nowhere with trading and you should add atleast another 20000 dollars. I was even told I can borrow from a friend, take a loan from from the bank, release any money I have from trust account or even sell something I own. Then everyday that Martin guy would call me telling me to bring more money to company by recruiting so I can get free bonuses that I can't even withdraw. This company has to flagged I am taking the matter to the regulator. I ended up taking my last 5400 to add in to boost the account then I start trading where I was never told that I can't with withdraw. I made around 450 dollars in profit which is approximately 8000 in SA currency. Which you also make for the for the company you never get to withdraw. The protected trades they tell you about don't exist it's a way of them luring people to join the company they tell you that you will never loose your capital but I lost over 15k Vulnerable from South Africa stay away from fxgm this is a ponzi scheme hiding behind a fsp number.
The lady that help me over the phone was very helpful and professional I just don't remember her name