Straight answers, grouped by topic
Everything people ask before, during and after opening an account. Each answer is self-contained so it can be quoted on its own.
About FBGM24
What is FBGM24?
FBGM24 is a multi-asset brokerage brand operated by FBGM24 Global Markets Ltd. It offers contracts for difference (CFDs) on forex, commodities, stocks, digital currencies and indices — more than 11,400 instruments — through a single account with published pricing, segregated client funds and negative balance protection.
Is FBGM24 regulated?
Yes. FBGM24 Global Markets Ltd is authorised and supervised by the Financial Services Regulatory Authority of Abu Dhabi Global Market. Details and verification steps are on the Regulation & Licensing page.
Where is FBGM24 based?
Head office is in Abu Dhabi Global Market, Al Maryah Island, UAE, with a European client-service hub providing 24/5 coverage.
When was FBGM24 founded?
2019. It has published monthly execution statistics since 2020.
Opening and running an account
What is the minimum deposit?
250 USD for the Ignite tier. Higher tiers start at 5,000 (Ascent), 25,000 (Meridian), 50,000 (Summit), 100,000 (Apex) and 250,000 USD (Zenith).
How long does account opening take?
Typically under four minutes. Identity and address checks are automated; most applications are approved instantly and the rest within one business day.
What are the account tiers?
Ignite, Ascent, Meridian, Summit, Apex and Zenith. All trade the same instruments; they differ in leverage, pricing, support, education, signal-engine access, deposit credit, managed allocation, drawdown cover and fee-free withdrawals. See Account Types.
Is there a demo account?
Yes — 100,000 USD of virtual funds with live pricing, no deposit required, no expiry.
Which base currencies are available?
USD, EUR, GBP, CHF, AED, AUD, CAD, JPY, SGD, PLN and CZK.
How do I close my account?
Close any open positions, withdraw your balance and send a written request from your registered email. Closure is confirmed within one business day.
Markets, pricing and execution
Which markets can I trade?
68 forex pairs, 40+ commodities, 9,000+ share CFDs from 22 exchanges, 46 digital-currency pairs and 31 indices. The full list is on Trading Instruments.
What leverage does FBGM24 offer?
Up to 1:500 on major forex pairs (Zenith tier), 1:200 on gold and silver, 1:100 on major indices, 1:20 on shares and 1:10 on digital currencies. Lower tiers have lower ceilings, listed on the Account Types page.
Are spreads fixed or variable?
Variable. Typical values are published per instrument and measured over the previous month during the most liquid session. EUR/USD starts from 0.0 pips raw on Meridian and above.
Does FBGM24 re-quote?
No. Market orders fill at the best available price in the aggregated book; if the price moves you receive the new price rather than a re-quote. Monthly statistics show zero re-quotes.
Can I trade at the weekend?
Digital currencies trade 24/7. Forex, commodities, stocks and indices follow their underlying market hours and are closed at weekends.
What platforms are available?
Web terminal, Windows and macOS desktop terminals, iOS and Android apps, plus FIX 4.4 and REST/WebSocket APIs from the Meridian tier upward.
Deposits and withdrawals
What deposit methods are accepted?
Visa and Mastercard, SWIFT, SEPA, Faster Payments, Skrill, Neteller, USDT, USDC, Apple Pay, Google Pay and local rails such as PIX, iDEAL, Interac and PayID. FBGM24 charges no deposit fees.
How long do withdrawals take?
E-wallets and stablecoins within about four hours; SEPA and Faster Payments same day; SWIFT and cards one to three business days.
Are there withdrawal fees?
Each tier includes a fee-free allowance. Beyond it, withdrawals cost 1% with a 5 USD minimum. Stablecoin network fees are passed through at cost.
Why must withdrawals go back to the deposit source?
Anti-money-laundering rules require funds to return to their origin first. Profits above the deposited amount can go to any verified method in your name.
Protection of funds and data
Are client funds segregated?
Yes. Client money is held in designated client accounts at tier-one banks, separate from company funds, and reconciled daily.
Can I lose more than my deposit?
No. Negative balance protection resets any negative balance to zero at no charge on every tier and every instrument.
Is there insurance?
FBGM24 holds €2,000,000 professional indemnity cover against loss caused by company error, omission or fraud.
How is my personal data protected?
Encrypted in transit and at rest, role-based access, mandatory two-factor authentication and annual independent penetration testing. See the Privacy Policy.
What percentage of clients lose money?
Industry-wide, a large majority of retail CFD accounts lose money over twelve months. FBGM24 publishes its own figure quarterly in the client area. Read the Risk Disclosure before trading.
Getting help
How do I contact support?
Live chat in the platform, telephone +44 20 3695 1240, or support@fbgm24.com. The desk is open 24 hours a day from Sunday 22:00 UTC to Friday 22:00 UTC.
Which languages are supported?
English, French, German, Spanish, Italian, Arabic and Portuguese.
How do I make a complaint?
Email complaints@fbgm24.com. Acknowledged within one business day, final response within fifteen. Unresolved complaints can go to the independent dispute-resolution scheme named in the Customer Agreement.
Open an account in under four minutes
Verification runs in the background while you explore the platform. Fund when you decide to, not before.