Last Update : September 13, 2024

FXGT

Regulated By : FSCA, FSA, VFSC, CySEC

Headquarters : Saint Vincent and the Grenadines

Min Deposit : $50

US Clients :

Leverage : 1:1000

Established Year : 2012

Broker's Trustability

Introduction 

FXGT.com is a hybrid broker that blends traditional asset classes with the exciting world of cryptocurrencies. It offers CFD trading on a wide range of assets through an easy-to-use online trading platform that is great for both novice and experienced traders. 

With this review we invite you to take a closer look at FXGT.com’s unique advantages, trading conditions, and features that make it stand out from other brokers. The insights provided are based on a detailed examination of the broker’s financial services, account types, available assets, deposit and withdrawal methods, and the regulatory licenses the company operates.  

Account Types 

FXGT.com offers a series of account types that empower a variety of strategies and trading styles. Here is a brief overview of their features:  

• Optimus tradingaccount:  

  • Optimized for day trading, it offers an impressive leverage of up to 1:5000, there are no commissions, and the minimum deposit is just $10. 

PRO trading account:  

  • Suitable for all traders, offering commission-free CFD trading with leverage up to 1:1000 and professional trading conditions. 

ECN Zero trading account:  

  • Designed for short-term CFD trades with low spreads and competitive commissions. It offers raw spreads, subject to competitive commissions that benefit scalpers and short-term traders. 

Standard+ trading account:  

FXGT.com’s large number of available assets allows traders to diversify their portfolios with ease and enables them to take advantage of every market opportunity. Additionally, traders can focus on the assets that align with their trading strategy and market preferences.

Trading Platforms and Tools 

FXGT.com offers market access through the popular MetaTrader4 and MetaTrader5 platforms. Here are some of the platforms’ features: 

  • Automated Trading 
  • Pre-installed Expert Advisors (EAs) 
  • Technical Indicators via the renowned MQL4 Language 
  • Advanced Back Testing 
  • Enhanced Speed 
  • Ultra-fast order execution times on a 64-bit operating system 
  • Indicators & Analytics
  • 38 built-in indicators, 22 analytical tools, and 46 graphical objects. 
  • Support for Hedging Strategies

FXGT.com’s trading platforms are available on multiple devices, including Desktop, Android, macOS, and iOS, ensuring traders stay connected and manage their accounts from anywhere.

Deposit and Withdrawal Methods 

FXGT.com offers a wide range of deposit and withdrawal options, ensuring convenience and flexibility for traders, including: 

Bitwallet 

Sticpay 

Neteller 

Perfect Money 

FasaPay 

Skrill 

Bank Transfers 

Credit/Debit Cards 

Cryptocurrencies 

Having a variety of payment methods available allows traders to choose the most convenient method for their needs. This flexibility ensures that trading funds are managed effectively in accordance with individual requirements. 

Licensing and Regulation 

FXGT.com currently operates four (4) regulatory licenses, and rolls out financial services under the stringent supervision of top financial authorities worldwide, including: 

• FSCA (Financial Sector Conduct Authority South Africa) 

FSA (Financial Services Authority Seychelles)  

• VFSC (Vanuatu Financial Services Commission) – for institutional traders only. 

CySEC (Cyprus Exchange and Seccurities Commission) – operating under FXGT.eu for institutional traders only. 

The licenses they obtained from these financial authorities underscore FXGT.com’s commitment to maintaining high standards of transparency and security in its operations. 

Special Considerations 

It is important to note that FXGT.com’s trading conditions, promotions, and account types may vary depending on the country or location. Traders are advised to check the specific terms applicable to their region before opening an account with FXGT.com.

Disclaimer 

Trading CFDs involves a significant risk of loss and is not suitable for all investors. It is important to understand the risks involved and to seek independent advice if necessary.

Final Verdict 

FXGT.com offers a robust CFD trading environment with a variety of account types, an extensive range of tradable assets, and access to advanced trading platforms. The broker’s regulatory credentials add an extra layer of security and confidence for traders seeking a reliable trading partner. Overall, FXGT.com is a great choice for traders of any level who require an intuitive trading platform with an extensive market coverage. 

FXGT Overview

Company Information

Broker DetailsInfo
Regulators

What Is Regulation?

Forex regulation is therefore all about consumer protection. Regulated Forex brokers are less likely to cheat their clients and where such infractions happen, regulators are empowered by the laws of their respective jurisdictions to apply appropriate sanctions.

FSCA, FSA, VFSC, CySEC
Licence No.48896, SD019, 700601, 382/20
Country Saint Vincent and the Grenadines
Base Currencies

What is Base Currency?

In the forex market, currency unit prices are quoted as currency pairs. The base currency – also called the transaction currency - is the first currency appearing in a currency pair quotation, followed by the second part of the quotation, called the quote currency or the counter currency. For accounting purposes, a firm may use the base currency as the domestic currency or accounting currency to represent all profits and losses.

USD, EUR, AUD, JPY
Type Of Brokers

Broker Types

There are two types of brokers: regular brokers who deal directly with their clients and broker-resellers who act as intermediaries between the client and a larger broker. Regular brokers generally are held in higher regard than broker-resellers.

STP
Trading Platform

What is Trading Platform?

A currency trading platform is a software interface provided by currency brokers to their customers to give them access as traders in the Forex markets. This may be an online, web-based portal, mobile app, a standalone downloadable program, or any combination of the three.

Desktop, Mobile, MT4, MT5
Established Year2012
Website LanguageEnglish, French, Spanish, Portuguese, Arabic, Chinese, Japanese
US Clients

Payment Option

MethodGetway
Acc Funding Methods Skrill, Neteller, Wire transfer, WebMoney, Perfect Money, Visa Card, Master Card, FasaPay, Bitcoin, Crypto Currency, Tether
Acc Withdrawal Methods Skrill, Neteller, Wire transfer, WebMoney, Perfect Money, Visa Card, Master Card, FasaPay, Bitcoin, Crypto Currency, Tether

Transaction Fees

GetwayFees
Skrill2.99% + $0.30 per transaction
Neteller2.95% + $0.30 per transaction
Wire transfer1% - 4% of the transaction amount
WebMoney0.8% - 2.5% of the transaction amount
Perfect Money0.5% - 1.9% of the transaction amount
Visa Card1.9% - 2.9% of the transaction amount
Master Card1.9% - 2.9% of the transaction amount
FasaPay2.9% + $0.30 per transaction
BitcoinVaries depending on the exchange rate
Crypto CurrencyVaries depending on the exchange rate
TetherVaries depending on the exchange rate

Trading Account Options

TypeInfo
Maximum Leverage

Forex Leverage

Leverage is the use of borrowed funds to increase one's trading position beyond what would be available from their cash balance alone. ... Forex traders often use leverage to profit from relatively small price changes in currency pairs. Leverage, however, can amplify both profits as well as losses.

1:1000
Mini Account

What Is Mini Account?

A forex mini account is a foreign exchange (FX) account which allows beginner traders to enter the currency market using smaller size (mini lot) positions and trading quantities, thus lowering the funds at risk and limiting potential losses.

VIP Accounts
Segregated Accounts

What Is Segregated Account?

Segregated account is an important term in the context of Forex trading in which a broker holds their client funds in segregated (separate) accounts that are different from the broker's core banking account. Segregated accounts are used to differentiate between the broker's working capital and its client investments.

Free Demo Accounts
Managed Accounts

What Is Managed Accounts?

A managed forex account is where a professional trader/money manager manages the trading on the clients' behalf. The account is made up of a personalized portfolio owned by a single investor. The portfolio and account is handled accordingly to the investors needs.

Pro Account
Minimum Deposit$50
Islamic Account

What Is Islamic Account?

An Islamic Forex account is a halal trading account that is offered to clients who respect the Quran and wish to invest in the Islamic stock market following the principles of Islamic finance. ... As Sharia law prohibits the accumulation of interest, traders with Islamic accounts do not pay or receive interest rates.

Contact Information & Support

TypeInfo
Telephone NoN/A
EmailClients: support@fxgt.com Partners: partners@fxgt.com
24 Hours Support
Support During Weekends
AddressRoom 12, First Floor, Kingsgate House, Victoria, Mahe, Seychelles
Websitehttps://fxgt.com/register/?refid=26908

FXGT Trading Features

Suitable For

Trader LevelYes/No
Publicly Traded
Beginners
Day Trading
Weekly Trading
Professionals
Swing Trading

Spreads And Commission

Trader LevelYes/No
Minimum Spreads

What Is Spreads?

The forex spread is the difference between a forex broker's sell rate and buy rate when exchanging or trading currencies. Spreads can be narrower or wider, depending on the currency involved, the time of day a trade is initiated, and economic conditions.

1.6 pips
Commission
Fixed Spreads

Trading Services

ServiceInfo
Hedging

What Is Hedging?

Hedging with forex is a strategy used to protect one's position in a currency pair from an adverse move. It is typically a form of short-term protection when a trader is concerned about news or an event triggering volatility in currency markets. There are two related strategies when talking about hedging forex pairs in this way. One is to place a hedge by taking the opposite position in the same currency pair, and the second approach is to buy forex options.

News Trading
Scalping

What Is Scalping?

Scalping in the forex market involves trading currencies based on a set of real-time analysis. The purpose of scalping is to make a profit by buying or selling currencies and holding the position for a very short time and closing it for a small profit.

Automated Trading
Indices

What Is Indices?

The indices track the underlying prices of the currency pairs within that index. If the individual forex prices in that index increase, then the value of the index will go up. Conversely, if the individual FX prices decrease, then the value of that index will fall.

Commodities

What Is Commodities?

The commodity pairs, or commodity currencies, are those forex currency pairs from countries with large amounts of commodity reserves. ... Traders and investors looking to gain exposure to commodity price fluctuations often take positions in commodity currency pairs as a proxy investment to buying commodities.

Forex instruments
CFDs
ETFs
Stocks
Bonds
Cryptocurrencey
Trading Signals
Educational Service
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  1. I’m trading crypto, so far there have been no problems. Tech support responds quickly

  2. fast support and pro account is good

  3. suppurt is fast and pro account works perfectly

  4. fxgt is a very secure platform which is important to me. i feel safe trading here +they have fast support!!

Disclaimer - The Promotion, reviews and other information are written and posted here just for the informational reason only. which must not take as an invitation or inspiration to invest in the Financial Market, as Trading leveraged products such as Forex, CFDs and Binary Option, Indices and cryptocurrency involves significant risk to your invested capital.
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