FXGT Review
FXGT.com is one of the top brokers in the financial market with the TU Overall Score of 8.38 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by FXGT.com clients on our website, Traders Union expert Anton Kharitonov believes he can recommend this company as the majority of reviews prove that the broker’s clients are fully satisfied with the company. FXGT.com ranks 21 among 354 companies featured in the TU Ranking, which is based on the evaluation of 100+ criteria and a test on how to open an account.
FXGT.com is a regulated Forex broker with bonus and partnership programs, loyal deposit requirements, and a wide range of trading assets.
FXGT Pros & Cons
Pros
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The broker is licensed by three financial regulatory authorities;
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The first deposit is from $5-$50, subject to the payment method;
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Variable spreads for all accounts;
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Partnership program with a $4-$12 reward for each lot closed by a referee;
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Account types include cent and standard accounts, as well as Pro and ECN accounts for professional traders;
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Regular and occasional offers and bonus programs, including a no-deposit bonus and a loyalty program;
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Possibility to open accounts, make deposits, and withdraw funds in cryptocurrencies.
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Cons
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Average fees are higher than those of other Forex brokers;
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VPS server is only available if the turnover and equity requirements are met;
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The broker is not a participant in compensation schemes such as FSCS (Financial Services Compensation Scheme) or ICF (Investor Compensation Fund).
FXGT Overview
FXGT Account Types
Features
CFD Account
Spread Betting Account
Account Currencies
USD, EUR, BTC, ETH, USDT, ADA, and XRP
USD, EUR, BTC, ETH, USDT, ADA, and XRP
Available Leverage
1:500
1:2000
Minimum Deposit
$5
$5
Starting Spreads
0.0 Pips
1.0 Pips
Commission Per Trade
0.0%
0.1%
Min. Lot Size Per Trade
0.01
0.01
Max Lot Size Per Trade
100
100
Demo Account
Yes
Yes
Swap/Rollover Free Option
Swap Free Islamic Account
Swap Free Islamic Account
Copy Trading Support
Yes
Yes
Type of BrokerNon-Advisory/Executionary Broker (ECN/STP)
Regulation & Licensing CySEC license number 382/20
Clients Accepted from 150 countries around the world
Assets Offered MT4 and MT5 can be used to trade forex, stocks, indices, options, futures, commodities and CFDs.
Platforms Available MetaTrader 5 (MT5) and MetaTrader 4 (MT4) platforms on Desktop, Webtrader and Mobile (IOS & Android) that support manual and automated trading with the use of Expert Advisors (EA)
Payment Types Accepted Bank Transfer, Credit/Debit Card, E-Wallets, Crypto
FXGT Compliance & Regulation
GT Payment Agent Ltd is a registered company in Cyprus, with registration number HE 440349 and registered address is Aiolou & Panagioti Diomidous, 9 Katholiki, 3020, Limassol, Cyprus. GT Payment Agent Ltd facilitates payments services to GT Global Ltd.
The website is not intended on offering investment services to residents of certain jurisdictions such as United States of America, Member States of the European Union, Canada, North Korea, and to residents of other countries whose domestic regulations classify such investment offering as prohibited. The content of the website including translations should not be construed as means for solicitation.
Risk Warning: CFDs are complex instruments and carry a high level of risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether trading is appropriate for you. You should not invest money that you cannot afford to lose. Leveraged products may not be suitable for everyone and may result in loss of all your capital.