FXGT.com
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Open an accountFXGT.com is a forex broker licensed by the Financial Commissions of South Africa, Vanuatu and Seychelles, allowing it to provide financial services in more than 100 countries worldwide. The broker offers its clients a wide range of trading options including currency pairs, CFDs on stocks, indices, metals and commodities on its trading platforms. A special feature of FXGT.com is the ability to trade crypto-assets, including popular digital coins, as well as DeFi and NFT tokens. In addition, the broker offers an exclusive product – the GTi12 index, consisting of 12 leading cryptocurrencies, developed by the FXGT.com team.
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Account currency
USD, EUR, BTC, ETH, USDT, ADA, XRP
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Minimum deposit
5$
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Leverage
Up to 1:1000
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Spread
Mini, Standard - from 1 pip PRO - from 0.5 pip, ECN - from 0.0 pip,
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Instruments
Forex, Metals, Indices, Crypto Pairs, Synthetic Crypto Pairs, Energies, GTi12 Index, Stocks, DeFi Tokens, NFTs
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Margin call / Stop out
50%/20%
Pros
- Regulation by three supervisory bodies: Having licenses from three regulators greatly enhances the credibility and legality of its activities.
- Available conditions for the first deposit: The minimum deposit to start trading is from 5 to 50 dollars depending on the chosen deposit method.
- Variable spreads: Competitive spreads are offered on all account types, making trading more flexible.
- Affiliate program with attractive conditions: Affiliates can receive from $4 to $12 for each closed lot made by their referrals.
- Wide range of trading accounts: Varies from cent and standard accounts to PRO and ECN accounts for experienced traders.
- Bonus and loyalty programs: Includes both regular promotions and no-deposit bonuses, as well as special offers for regular customers.
- Support for fiat and cryptocurrency funds: Provides the ability to deposit and withdraw funds in both traditional currencies and cryptocurrencies, which increases convenience and accessibility for different categories of investors.
Minuses
- High Commissions: FXGT.com's commissions are higher on average compared to other Forex brokers, which can make the broker less attractive to traders looking for minimal trading costs.
- Restrictions on the use of VPS: Virtual Private Servers (VPS), important for algorithmic trading, are only available to traders who meet certain trading turnover and capital size requirements.
- Lack of participation in compensation schemes: FXGT.com does not protect its clients through insurance funds like the FSCS or ICF, which leaves traders without an additional layer of financial security in case of unforeseen financial misfortunes of the broker.
Customer geography
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Japan93.7%
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Others6.3%
Expert evaluation
FXGT.com stands out in the market by offering an extensive portfolio of trading assets, including currency pairs, CFDs on stocks, indices, metals and cryptocurrencies. Thanks to a variety of payment methods, most deposit transactions are processed instantly, allowing traders to start trading quickly. Deposits via cryptocurrencies can take longer due to the variability of blockchain network congestion, while bank transfers can take up to 5 business days.
FXGT.com provides free access to a dedicated VPS server for customers who maintain an account balance of at least $3000 and trade a volume of at least 5 lots per month. However, if traders do not meet these conditions, VPS access is not provided and there is no paid alternative, limiting the availability of this service for less active users.
In addition, FXGT.com provides trading through the advanced MetaTrader 5 platform, supporting hedging strategies within a single trading account and allowing scalping. The broker also does not restrict trading on news, which gives traders the opportunity to use any trading strategy, including passive ways to profit.
Analysis
Trading condition
At FXGT.com broker, clients can open accounts in various currencies, including USD, EUR and even cryptocurrencies. The broker does not set a fixed amount for the first deposit, but the minimum deposit amount depends on the chosen payment method and varies from 5 to 50 USD. FXGT.com leverage is dynamic, the maximum leverage can reach 1:1000, but the availability of this level of leverage depends on the client’s country of residence and the traded assets. The broker offers six types of pending orders, which are executed at market prices.
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Trading platform
MetaTrader 5, MetaTrader 4 (Coming Soon)
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Accounts
Demo МТ5, Mini, Standard+, PRO, ECN
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Account currency
USD, EUR, BTC, ETH, USDT, ADA, XRP
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Deposit/withdrawal
Credit/Debit Cards (VISA, Mastercard, 0CB), Bitwallet, Sticpay, cryptocurrencies, Instant Local Bank Transfer, Bank Wire, Binance Pay
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Minimum deposit
5$
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Leverage
Up to 1:1000
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PAMM accounts
no
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Minimum order
0.01
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Spread
Mini, Standard - from 1 pip PRO - from 0.5 pip, ECN - from 0.0 pip,
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Instruments
Forex, Metals, Indices, Crypto Pairs, Synthetic Crypto Pairs, Energies, GTi12 Index, Stocks, DeFi Tokens, NFTs
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Margin call / Stop out
50%/20%
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Liquidity provider
First-tier banks
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Mobile trading
yes
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Affiliate program
yes
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Order execution
Market Execution
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Trading features
Cent accounts are available, spreads are floating, EAs are allowed
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Contests and bonuses
25% Loyalty Bonus, Loyalty Reset Bonus, No Deposit Bonus
Commissions
The broker’s ECN accounts are subject to trading fees, including spread and lot commission – $5 for metals, $6 for currency pairs and 0.1% of the position volume for cryptocurrency trading. Spreads on all types of accounts are floating: they start from 1 pip on Standard+ and Mini accounts, and from 0.5 pip on PRO accounts. On ECN-accounts the spread can be zero.
If there is no activity on the account – no trades, deposits or withdrawals for 90 days, an inactivity fee of $10 per month will be charged. The broker does not charge deposit or withdrawal fees, however such fees may be charged by payment systems.
Swaps are charged or deducted for holding positions overnight, except for trading in some crypto-assets, which is done without swaps.
Broker Overview
FXGT.com is a licensed broker recognized for its compliance with regulatory standards and high capital ratio. The broker works with major Tier 1 banks, ensuring clients the security of financial transactions and accuracy of quotes. For additional security, all types of accounts are protected against negative balance.
FXGT.com Key Features:
- The capital intensity ratio reaches 40%, well above the standard requirement of 10%.
- Holder of three international licenses.
- Average order execution speed – 120 milliseconds.
- Four account types with a minimum spread of 0 pips.
FXGT.com is ideal for margin trading, offering leverage up to 1:1000, not available for all assets. To minimize risks, dynamic leverage is used, varying by region, account type and asset. The broker’s trading server is located in London, operates in the GMT+1 time zone, and includes 3GB of RAM to optimize performance via a VPS integrated with MetaTrader.
FXGT.com clients can trade through the MetaTrader 5 platform available on a variety of devices. This platform supports 38 built-in indicators, 46 chart objects and 22 analytical tools, with plans to expand to MetaTrader 4.
Additional FXGT.com features:
- Advanced Trader Toolkit for MetaTrader 5 that improves trading strategies and risk management.
- Access to economic calendars, volatility forecasts and market analytics.
- Trader Insights, showing position data of FXGT.com clients.
All accounts can be set up as Swap Free on request. On professional accounts it is possible to hold up to 200 orders simultaneously, maximum trade size – 200 lots.
How to start earning:
FXGT.com offers cent, standard and ECN accounts that allow trading a wide range of assets, including synthetic cryptocurrencies and DeFi tokens on ECN accounts. The broker supports up to 8 live accounts per client, available in various currencies.
FXGT.com Bonuses:
- Loyalty Bonus 25%, available on Mini and Standard accounts, is non-withdrawable, but allows you to withdraw profits after the trading volume conditions are met.
Withdrawals:
Processing of applications takes 1-2 days, followed by instant or up to 48 hours depending on the withdrawal method. Withdrawals are possible to local bank cards, e-wallets and international bank transfers up to 5 working days.
Support service:
24/7 support is available to all FXGT.com clients, including potential clients without registration.
Advantages
- Negative Balance Protection: FXGT.com offers this feature on all account types, which prevents losses beyond the initial deposit.
- Segregated accounts with major banks: Client funds are kept separate from the broker's funds, providing an additional level of financial security.
- No commissions for financial transactions: The broker does not charge commissions for deposit or withdrawal of funds, regardless of the chosen method.
- Quick registration and verification: Opening an account takes only 10 minutes and the identity verification process is completed within one business day.
- Universal access to trading: All clients can trade currencies, the exclusive GTi12 cryptocurrency index and a variety of CFDs, regardless of where they live or the size of their deposit.
FXGT.com personal account overview
To get started with FXGT.com and gain access to a wide range of trading opportunities, you need to create a Personal Account. Here are the step-by-step instructions:
- Start registration: Go to the FXGT.com homepage and click on the “Register Now” button.
- Filling out the registration form: Select the account type for individual investors and fill in the required information: name, e-mail, country of residence and phone number. Create a secure password and accept the terms of service. Then activate your account by clicking on the link in the confirmation email sent to your email.
Features of myAlpari: After registering and logging in to myAlpari, you will have access to the following features:
- Account opening: Real and demo accounts can be opened directly from myAlpari.
- Deposit: Funds can be deposited to verified accounts.
- Activity Management: Generate balance statistics, view trade reports, manage payment transactions and submit withdrawal requests. Track aggregate trading volume and total number of trades.
- Technical support: Contact support via online chat or ticketing system to resolve issues.
Detailed information about trading conditions, investment opportunities and services of the company is available on the main page in the relevant sections.
Answers to questions
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What types of accounts are available at FXGT.com?
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What licenses does FXGT.com have?
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What deposit and withdrawal methods are available at FXGT.com?
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What is the minimum amount to open an account at FXGT.com?
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Does FXGT.com provide tutorials or support for beginners?