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FXGT Review

Item: FXGT Review
Rating: 6
Author: admin

Best Global CFD Broker Min Deposit: $5

Leverage up to: 1:5000
0 Swaps , $0 Fees , 0 Pips , 24/7 Support, Globally Understood

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We created FXGT.com because we wanted to revolutionize the trader experience. We set out three rules to guide our mission: to empower traders with competence, and a peace of mind.

by admin

11 months ago 0 142

Pros

$5 Minimum Deposit
Competitive Spreads and Leverage
Wide Range of Trading Instruments
Multiple Account Types
Robust Selection of Trading Platforms.

Cons

No US Clients

FXGT.com is an international online trading platform that offers top-notch brokerage services for forex and cryptocurrency trading. Established in 2019, the company aims to provide a seamless trading experience for all users through its state-of-the-art technology, competitive spreads, and swift execution times.

Regulated By

GT Global Ltd.(Seychelles): Licensed and regulated by the Seychelles Financial Services Authority (FSA) under the Securities Dealer’s License Number SD019.

GT IO Markets (Pty) Ltd (South Africa): Authorized FSP with FSP Number 48896 and regulated by the Financial Sector Conduct Authority.
GT Global Markets Ltd (Vanuatu): Licensed and regulated by the Vanuatu Financial Services Commission (VFSC) under the Principal’s License Number 700601.
TEC International (Cyprus) Ltd: Licensed and regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number 382/20. TEC International (Cyprus) Ltd focuses on offering financial and investment services exclusively to eligible counterparties. Please note that this is exclusively for institutional clients.
GT Payment Agent Ltd. (Cyprus): Facilitates payment services to FXGT.com.

Account Options

Broker Type	Market Maker
Minimum Deposit	$5
Forex Majors Spread	Yes
Scalping	Yes
Hedging	Yes
Free Demo Account	Yes
Traders From USA	No

Account Types

	Mini	Standard+	PRO	ECN
Features	● FX Pairs ● Equity Indices ● Metals ● Energies ● Stocks	● FX Pairs ● Equity Indices ● Metals ● Energies ● Stocks	● FX Pairs ● Equity Indices ● Metals ● Energies ● Stocks	● FX Pairs ● Equity Indices ● Metals ● Energies ● Stocks
Account Currencies	● BTC, ETH, USDT, ADA, XRP, EUR, USD	● BTC, ETH, USDT, ADA, XRP, EUR, USD	● BTC, ETH, USDT, ADA, XRP, EUR, USD	● BTC, ETH, USDT, ADA, XRP, EUR, USD
Available 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 Deposit	$5	$5	$5	$5
Starting Spreads	Spreads from 10 points	Spreads from 10 points	Spreads from 5 points	Spreads from 0 points
Commission Per Trade	$0	$0	$0	Up to $6 round-turn on all FX Asset Classes Up to $5 round turn for Precious Metals 0.1% round-turn on all Crypto Asset Classes
Trading Instruments	CFD, Commodities, Forex	CFD, Commodities, Forex	CFD, Commodities, Forex	CFD, Commodities, Forex
Min. Lot Size Per Trade	0.01 lots per trade	0.01 lots per trade	0.01 lots per trade	0.01 lots per trade
Max. Lot Size Per Trade	100 lots per trade	200 lots per trade	200 lots per trade	200 lots per trade
Demo Account	Yes	Yes	Yes	Yes
Swap/Rollover Free	Yes	Yes	Yes	Yes
Copy Trading Support	No	No	No	No

Trading Platforms

Multi-asset MetaTrader 5 (MT5) platform on Desktop
Multi-asset MetaTrader 4 (MT4) platform
Webtrader
Mobile (IOS & Android) that support manual and automated trading with the use of Expert Advisors (EA).

Trading and Investment Tools

One Click Trading	Yes
Trade off Charts	Yes
Email Alerts	Yes
Mobile Alerts	Yes
Stop Order	Yes
Market Order	Yes
Trailing Stop Order	Yes
OCO Orders	Yes
Limit Order	Yes
24hr Trading	Yes
Charting Package	Yes
Streaming News Feed	Yes

Compliance & Regulation

As an industry player, it is essential for FXGT.com to operate within the confines of regulatory compliance to ensure a secure and trustworthy environment for its clients. When evaluating the regulatory landscape of an online broker like FXGT.com, it is crucial to understand its registered jurisdiction and the applicable regulatory authorities overseeing its operations.

FXGT.com is operated by GT Global Ltd., a company registered in Seychelles with registration number 8421720-1. The company’s registered address is Suite C, Orion Mall Palm Street, Victoria, Mahe, Seychelles. In terms of compliance, FXGT.com is regulated by the Financial Services Authority (FSA) in Seychelles under license number SD019. The FSA is tasked with ensuring financial service providers comply with international standards and local regulatory requirements. This regulatory oversight aims to maintain market integrity and promote customer protection.

Reliability & Security

One crucial aspect of any reputable brokerage firm is its reliability as an intermediary between traders and market makers. Fortunately, based on our research into user reviews and industry ratings alike suggest that FXGT.com appears trustworthy from all angles. The company boasts top-tier security measures such as SSL encryption technology which ensures secure transactions while also being fully compliant with KYC (Know-Your-Customer) protocols. Additionally they have segregated accounts ensuring client funds are kept separate from operating capital.