Forex Brokers

FGM Technology Ltd

1.8 (6 reviews)
🇦🇺 Australia
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1.8
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About FGM Technology Ltd

FGM Technology Ltd has been flagged by ASIC (Australia) for "Unlicensed (Legacy)". Phones: +44203129488

Addresses: Harju Maakond Tallinn Kesklinna linnaosa Roosikrantsi tn 2-K006 10119 Estonia This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: 10Brokers.com.

Customer Reviews

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Money trap disguised as a service

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Diana N.
2 months ago

My withdrawal request from FGM Technology Ltd has been pending for over two weeks now. Every time I contact support, I get the same copy-paste response about processing times. This is unacceptable for a financial platform in this day and age.

Pros: Instant funding|Comprehensive tools|Multi-device support

Cons: Some tools only available on higher tiers|Limited social trading features

No investor compensation scheme

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Dean K.
3 months ago

FGM Technology Ltd has the worst mobile app I have ever used for investing. It crashes constantly, features that work on desktop are missing entirely, and the security implementation is questionable at best. How they released this app is beyond me.

Pros: Educational resources|Stable platform|Multi-device support

Cons: Minimum deposit could be lower

Arbitration clause traps you

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Oscar R.
8 months ago

Do not believe the bonus offer from FGM Technology Ltd. The turnover requirement is designed so you can never withdraw. I learned the hard way. I deposited from a blog post comparing services and the bonus terms were buried in pages of small print. My fault for not reading but their design is predatory.

Pros: High security standards|Economic calendar|Copy trading available|Intuitive for beginners

Cons: Limited cryptocurrency options

Market maker conflict

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Lauren A.
9 months ago

Do not use FGM Technology Ltd for anything serious. I used them for about ten months for small trades and it was okay. When I deposited a larger amount and traded more, my account was flagged, my withdrawals were delayed, and I was asked to explain my trading. They treat active traders like criminals.

Pros: Multi-device support|High security standards|Customizable dashboard|Good analytical tools

Cons: Withdrawal takes 1-2 business days|Limited cryptocurrency options

They do not care about customers

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Karen Y.
10 months ago

I experienced a security concern with my FGM Technology Ltd account and reported it immediately. Their response time was inexcusable for a financial platform. It took them four days to acknowledge my report and another week to actually address it.

Pros: Excellent charting|Demo account available|Intuitive for beginners

Cons: Would like more payment methods

Affiliate program does not pay

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Nathan H.
11 months ago

The so-called education at FGM Technology Ltd is just marketing. Every webinar ends with a push to deposit more. The market analysis is generic and often wrong. If you want real education go elsewhere. I wasted since I opened my account last year thinking they would help me learn.

Pros: Transparent fees|Good analytical tools|Regular updates|Good mobile app

Cons: Alert system is basic