Established in 2019, FXGT.com is an international online trading platform that offers top-notch cryptocurrency and forex trading. Being in financial services for 5+ years, FXGT is a broker with user-friendly interface offering trading solutions to traders worldwide with a good range of educational resources such as webinars.
However, we here at Cryptonewsz have covered, FXGT.com review with focus on the platform’s key features, regulations, pros and cons, trading instruments, trading platforms, registration process, maximum leverage, trading fees, and many more. So, let’s get started!
Key Takeaways
- FXGT is regulated by Financial Services Authority (FSA).
- It offers swap-free trading on indices, gold, and cryptocurrencies.
- The platform offers a dynamic leverage of 1:1000.
- MT4 and MT5 trading platforms are available.
FXGT.com Overview
| Regulations | CySEC, FSA, FSCA |
| Supported Languages | English, French, Spanish, and more |
| Products | Forex, cryptocurrencies, synthetic cryptocurrency pairs, precious metals, energies, equity indices, stocks, DeFi tokens, NFTs, GTi12 Index |
| Min Deposit | $5 |
| Maximum Leverage | 1:1000 |
| Trading Desk Type | No Dealing Desk Execution |
| Trading Platforms | MT4 and MT5 |
| Deposit Options | Bank Wire (BankTransfer/SWIFT), VISA, MasterCard, Cryptocurrencies |
| Withdrawal Options | Bank Wire (BankTransfer/SWIFT), VISA, MasterCard, Cryptocurrencies |
| Demo Account | Yes |
| Foundation Year | 2019 |
| Headquarters Country | Cyprus |
Our Take On FXGT.com Broker
FXGT.com is an award-winning, regulated broker recently honored with the Best Broker 2024 award by AtoZ Markets. It is licensed and regulated in different jurisdictions and has multiple licenses, making it a secure forex broker in the financial markets. It is a well-established crypto platform with various trading instruments, including FX asset classes, cryptocurrencies, synthetic cryptocurrency pairs, metals, energy, equity indices, stocks, DeFi tokens, and NFTs.
FXGT.com Pros and Cons
| Pros | Cons |
| Easy-to-trade user interface. | Does not offer trading for US clients. |
| Multiple regulations and licenses in different jurisdictions. | Trade conditions vary based on regulatory entities and regulation policies. |
| Offers multiple trading accounts and award-winning MT4 and MT5 trading platforms. | |
| Educational resources and market insights are available for beginner traders. | |
| Regular and generous promotions and bonuses. |
FXGT.com Key Features and Services
FXGT.com is among the secure and top forex brokers that ensures customer protection and a safe trading experience while protecting client funds. To ensure client funds are safely stored, FXGT.com uses the following security measures:-
- Regulation – FXGT.com is regulated and licensed by the Seychelles Financial Services Authority (FSA), the South African Financial Services Conduct Authority, the Vanuatu Financial Services Commission (VFSC), and the Cyprus Securities and Exchange Commission (CySEC).
- Maintaining Segregated Accounts – FXGT.com’s operators ensure clients’ funds are kept completely separate from their operational funds in different top-tier banking institutions.
- Data Security – The FXGT advanced encryption technology ensures maximum security of client data. Trading profiles, trading activities, and personal and financial information are stored on secure servers, protected by firewalls, and data transmission is encrypted to avoid unauthorized access and data theft.
- Negative Balance Protection – With negative balance protection, traders cannot lose more than what they have deposited in their trading accounts.
Trading Platform and Tools
We examined trading platforms offered by FXGT.com that allow traders to buy, sell, and trade financial instruments with a few clicks on any device. FXGT.com offers multiple trading platforms, including:-
MT4
MT4 or MetaTrader 4, an award-winning platform offering multiple relevant features required for seamless trading. The advantages of using the MetaTrader 4 trading platform are –
Multi-Functional Elements – An efficient, versatile, and user-friendly trading platform with various easily customizable functions.
Automated Trading – Access to technical indicators and pre-installed EAs (expert advisors) with MQL4 language.
Hedging Support – Deploys risk management strategies and trades short and long positions on the same market instrument.
Traditional Timeframes – Use 9 different chart timeframes that range from 1 minute to 1 month.
MT5
FXGT.com also offers MetaTrader 5 trading platform with the following features:-
Enhanced Speed – An efficient and quick trading platform with fast order execution on 64-bit operating systems.
Analytics and Indicators – Access to 38 built-in indicators, 46 graphical objects, and 22 analytical tools.
Advanced Back Testing – Enhanced trading strategy testing capability with multicurrency back testing.
Market Depth – Use the greater depth of the financial market and unlock up to 21 chart time frames.
VPS Hosting
VPS on a virtual private server is a secure, high-speed server, allowing users to enjoy round-the-clock forex trading on MetaTrader platforms, even offline. VPS hosting on FXGT.com runs its private operating system and helps eliminate downtime and ensure safety by protecting users against power loss, hardware, failures, or connection issues. Traders on FXGT.com can power up their trades with VPS hosting and keep their EA running offline.
GTLot
GTLot, a unique creation by FXGT.com, is a proprietary platform used to evaluate and benchmark the trading volumes of a trader’s live trading account. The sole purpose of offering GTLot is to develop a standard unit for trading volumes across all acid classes and market instruments. And it works as a solution to the CFD instruments in the market and takes the current denomination, nominal value, and diversity of contract sizes to simplify these parameters into one comparable unit. Note that 1GTLot equals 100,000 USD in terms of trade volume.
Commission and Fees
Here’s a quick breakdown of the key fees for FXGT.com traders need to know:-
Spreads: Spreads represent the difference between the buy and sell price of an asset on the FXGT.com website. For example, if the EUR/USD spread is 0.0 pips, the trader shall pay a slightly higher price to buy Euros and receive a lower price when selling them compared to the live market price. Spreads can change depending on the asset class, account type, and market conditions. Generally, FXGT.com offers competitive spreads, with some as low as 0 pips.
Commissions: While FXGT.com usually focuses on commission-free accounts, they do offer an alternative account type with commissions. These commissions are charged per lot traded and can be lower than the spread cost on some asset classes.
Swap-free Trading: Apart from the minimum spread and zero commissions, FXGT.com also offers swap-free trading for most market instruments and account types. However, FXGT.com may charge swap fees for stock and commodity trading in case the traders hold overnight positions.
Account Types
As per our research in this FXGT.com review, there are four different account types tailored to specific requirements of different trading styles and types. Below are the different trading accounts offered by FXGT.com and their special features.
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PRO – The PRO account meets the needs of the most demanding traders who look for the best trading conditions, with ultra-low spreads, zero commission, and swap-free trading.
ECN – The ECN account is ideal for trading with raw spreads that reflect the real market trading conditions across multiple asset classes with extremely competitive commissions. The ECN account has different commissions for various crypto asset classes; hence, traders must check the official website before registering for an ECN account.
Mini – The Mini account is perfect for beginner traders as traders can trade with micro lots to familiarize themselves with the financial market and gain confidence by trading in different asset classes.
Standard+ – The Standard+ account is suitable for all national and international traders who can access the complete basket of securities and trade on different market instruments with exciting rewards and promotions.
Tradable Instruments
FXGT.com offers a variety of tradable instruments to help all types of traders and allow them to trade. Let’s take a quick look at them below –
Forex
Traders can participate in the forex market using the FXGT.com trading platform and trade across minor, major, and exotic currency pairs. When writing this FXGT.com review, the tradable forex pairs on the platform are – EUR/USD, GBP/USD, AUD/USD, USD/JPY, USD/CAD, EUR/GBP, and EUR/CHF.
Cryptocurrencies
Almost all forex brokers in the market offer crypto trading to its traders to give them access to the 24/7 crypto market and give broader exposure on a single trade through the platform’s GTi12 Index. FXGT.com traders can trade in crypto pairs such as BTC/USD, BTC/JPY, ETH/USD, ETH/JPY, XRP/USD, and LTC/USD.
Synthetic Cryptocurrencies Pairs
Synthetic cryptocurrencies, or synthetic assets or crypto synths, are generally tokenized derivatives whose values are linked to other assets via contracts. FXGT.com offers synthetic crypto pairs to allow traders to enjoy the interaction between the crypto and the traditional markets. The supported synthetic crypto pairs on FXGT.com include BTC/XAU, BTC/XAG, BTC/USO, BTC/SPX, BTC/NAS, BTC/DOW, and BTC/APL.
Precious Metals
FXGT.com offers precious metals to allow its traders to diversify their portfolios by trading popular metals like silver and gold against US dollars.
Energies
When it comes to energy, traders can explore the price fluctuations and deep liquidity of the energy market, which includes gas and oil trading, such as US oil, UK oil, and natural gas.
Promotions and Bonuses
Loyalty Bonus
The FXGT.com loyalty bonus offers a way for its loyal traders to be rewarded for their deposits. The bonus is called the Unlimited Loyalty Bonus, where players get a 25% bonus on every deposit they make. Once the trader’s account reaches the maximum bonus limit of $10,000, it resets back to zero, allowing traders to continue earning rewards. The eligible accounts for this bonus are Mini and Standard+.
VPS Sponsorship Program
The FXGT.com VPS Sponsorship Program allows qualified traders to enjoy the benefits of a Virtual Private Server (VPS) free of charge. With this, traders get uninterrupted trading on a safe and secure server. All types of accounts, including Mini, Standard+, PRO, and ECN, are eligible for this program.
Customer Support
Customer Support at FXGT trading platform is efficient, responsive, and quick, answering customer queries within a few hours. Traders on FXGT.com can connect with the customer support agents via the live chat support available 24×7. However, customers must provide their name and registered email address to start a conversation through live chat. FXGT.com’s clients can also send an email to [email protected].
Research and Educational Resources
FXGT.com broker’s website offers a education section for both new traders and professionals. Clients can also access an extensive video library designed to provide end-to-end information on trading. As per the FXGT.com, the education section for beginners is divided into the following for hassle-free access:-
MQL5 Trading Signals – With the MQL5 signal service, traders can access valuable trading strategies and use trading signals by automatically copying and executing trades of professional traders on their Live MetaTrader account.
Essential Trading Toolkit – There is an advanced trading toolkit that consists of an array of tools created to optimize trading strategies, manage market risks, and maximize profits in the financial market. The toolkit includes analytical trading tools, execution trading tools, and utility trading tools.
Trader Insights – Beginner traders who are not aware of trading conditions can get trader insights to understand the market sentiment and choose whether to go for long or short positions.
Technical Analysis – Traders can also access technical analysis tools such as charts, patterns, pivots, an economic calendar, and volatility forecasters to make sound predictions before placing their trades.
Economic Calendar– FXGT.com features an economic calendar that shows important economic data reports and events that may affect trading conditions.
Holiday Calendar – FXGT.com also features a calendar showing trading holidays in a year to keep traders updated.
eBooks – FXGT.com maintains an exclusive collection of e-books and other reading materials covering important topics such as DeFi and crypto, CFD trading, synthetic crypto, and GTi12 Index, the future of crypto trading, algorithmic trading, and many more.
Glossary – There is also a page dedicated to trading glossary that includes the essential trading terms commonly used in forex and crypto trading.
Forex Trading Mobile App
The FXGT.com mobile app is revolutionizing the industry by providing a simple, easy-to-use experience at a trader’s fingertips from anywhere at any time. As per many FXGT.com reviews, whether the trader is an experienced trader or just starting out, this app gives them real-time access to the world’s financial markets, including forex, stocks, commodities, and cryptocurrencies. Along with advanced charting tools, instant orders, and complete account management, the FXGT.com mobile app allows all types of traders to trade worldwide on the go.
FXGT.com Account Type Comparison
| PRO | ECN | Mini | Standard+ | |
|---|---|---|---|---|
| Contract Size | 100,000 | 100,000 | 100,000 | 100,000 |
| Asset Classes | FX Pairs, Indices, Metals, Energies, Stocks, Cryptos, Synthetic Cryptos, GTi12 Index, DeFi Tokens, NFTs | FX Pairs, Indices, Metals, Energies, Stocks, Cryptos, Synthetic Cryptos, GTi12 Index | FX Pairs, Indices, Metals, Energies, Stocks, Cryptos, GTi12 Index | FX Pairs, Indices, Metals, Energies, Stocks, Cryptos, Synthetic Cryptos, GTi12 Index |
| Spreads From | 5 points | 0 points | 10 points | 10 points |
| Commission / Transaction Fees |
$0 | Up to $6 round-turn on all FX Asset Classes Up to $5 round turn for Metals 0.1% round-turn on all Crypto Asset Classes |
$0 | $0 |
| Leverage | Up to 1:1000* (based on volume) |
Up to 1:1000* (based on volume) |
Up to 1:1000* (based on volume) |
Up to 1:1000* (based on volume) |
| Minimum Trade Size | 0.01 | 0.01 | 0.01 | 0.01 |
| Maximum Trade Size | 200 Lots | 200 Lots | 200 Lots | 100 Lots |
| Maximum Volume Limit | 200 Lots | 200 Lots | 500 Lots | 200 Lots |
| Margin Call | 50% | 70% | 70% | 70% |
| Stop Out | 20% | 40% | 40% | 40% |
| Swap Free account (on request) | Yes | Yes | Yes | Yes |
| Limit & Stop Levels | Yes | Yes | Yes | Yes |
| Maximum Number of Positions |
200 | 200 | 150 | 100 |
| Maximum Number of Pending Orders |
200 | 200 | 150 | 100 |
| Negative Balance Protection |
Yes | Yes | Yes | Yes |
FXGT.com Partners Program
Traders can partner with the regulated broker by joining the most rewarding partnership program on FXGT.com. Every partner gets to benefit by joining the partnership program and gets to earn up to $12 per lot on trades made by the referred clients.
FXGT.com features a tiered commission structure based on the number of active traders and volume traded on the platform. The partners can earn lifetime commissions and enjoy tailored packages by choosing a suitable commission profile – Elite, Platinum, Gold, Silver, and Bronze.
The multilevel affiliate structure has been categorized into Master Affiliate, Sub-Affiliate 1, and Sub-Affiliate 2. Based on the level, partners can earn higher commissions and other benefits based on the trading volume of sub-affiliate clients.
FXGT.com Customer Support
Customer Support at FXGT.com is efficient, responsive, and quick, answering customer queries within a few hours. Traders on FXGT.com can connect with the customer support agents via the live chat support available 24×7. However, customers must provide their name and registered email address to start a conversation through live chat. FXGT.com’s clients can also send an email to [email protected].
FXGT.com: Our Conclusion
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To conclude this FXGT.com review, it is justified to call FXGT.com one of the best forex brokers in the market that offers a variety of financial instruments, including major, minors, exotics, CFD indices, crypto, synthetic crypto, digital tools, and security measures of international standards, and more. Apart from providing financial and investment services exclusively, FXGT.com offers adequate research and trading ideas to help novice traders learn more about the financial markets and benefit from the platform’s educational resources, video tutorials, and glossary. So, go with FXGT platform and start your trading journey today!
FAQs on FXGT.com broker
Is FXGT.com Safe?
As per our research in this FXGT.com review, it is one of the trusted global Forex trading brokers. The broker offers multiple trading platforms and a plethora of tools for a professional trading experience.
What Is the Minimum Deposit for FXGT.com?
The minimum deposit for FXGT.com is $100. Also, the deposit and withdrawal fees vary by bank.
Does FXGT.com Offer A Demo Account?
Yes, FXGT.com broker offers a demo account for the traders to practice.
Does FXGT.com Offer Mobile Trading Apps?
Yes, FXGT.com offers mobile trading apps for both Android and iOS devices.
How Much Is The Maximum Leverage At FXGT.com?
The maximum leverage at FXGT.com is 1:500.
Is FXGT.com Suitable for Automated Trading?
Yes, FXGT.com offers two of the best platforms for automated trading: MetaTrader and cTrader.