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Issue #248Subscribe free
House file

FXGM

On the desk for one reason: single-entity structure. 1 register lines are on this file, spread across 1 legal entity in 1 jurisdiction, none of them with a top-tier regulator.


On the wire

1 items · 0 notices

Register lines are confirmed; several commercial figures remain unread and are left blank.

Register entries as filed
  • 01
    register entry

    CySEC entry 161/11 for Depaho Ltd

    Source: cysec.gov.cy

Entity by entity

1 lines
Register lines on file for FXGM. A blank number is a number the desk could not read on a source; it is not a zero.
RegulatorJurisdictionEntity as registeredNumberTierSource
CySECCyprusDepaho Ltd161/11T2cysec.gov.cy

Tier is the desk's shorthand for the supervising regime, not a quality score: T1 a top-tier statutory regulator, T2 a mid-tier one, T3 an offshore registration.

Commercial detail on the record

Minimum to opennot verified
EUR/USD spread as publishednot verified
Leverage as advertisednot verified
PlatformsPROfit · MT4
Account booksnot verified

What the record says

FXGM is a brand of Cypriot investment firm Depaho Ltd, incorporated in 2011, which also operated the TradeApp and GTCM brands.

CySEC suspended Depaho Ltd's CIF licence (number 161/11) on 9 July 2021, extended the suspension twice (announcements of 28.7.2021, 10.9.2021 and 22.10.2021), and at its meeting of 2 November 2021 decided to recall the suspension after being satisfied the company had become compliant.

Poland's KNF includes Depaho Ltd (Nicosia, operating in Poland as FXGM, pl.fxgm.com) on its list of public warnings; the entry notes the entity is not registered in Poland and cites a prosecution notification under Article 178 in conjunction with Article 69(2)(5) of the Polish Act on Trading in Financial Instruments.

Directory WikiFX lists additional registrations for Depaho Ltd (BaFin 130520, FCA 593528, FSCA 47709, CNMV 3321, CONSOB 3567); these numbers were not re-verified against primary sources in this run and are not adopted here.

Not verified

9 fields

The desk left these blank rather than fill them from secondary sources. They stay on the file as open questions and will be filled the day a primary source carries them.

Other open files

The whole desk

This file reports what regulators and the firm have published. It is not a review, not a rating and not advice to open or close an account anywhere.