FXGT.com Review 2024 Pros and Cons

FXGT BROKER REVIEWS

FXGT.com is a Forex broker that operates under the supervision of financial commissions of South Africa, Vanuatu, and Seychelles. Having three licenses allows the company to provide services in more than 100 countries.

The broker offers trading Contract For (price) Differences (CFDs) on stocks, indices, metals, commodities, and currency pairs.

Cryptocurrencies, including DeFi and NFT tokens, are also available. Moreover, access to trading the GTi12 Index consisting of 12 main cryptocurrenciesis provided.

KEY TAKEAWAY
・Flexible Leverage up to 1:1000
・Competitive Spreads
・Wide Range of Trading Instruments
・Multiple Account Types
・$5 Minimum Deposit

Open an account now!/Open my account with FXGT.com

Summary of FXGT.com

FXGT.com

OFFCIAL SITE

 

FXGT.com is a brand name and registered trademark duly authorized to be operated by various companies in accordance with legislations and obtained licenses in the respective countries.

GT Global Ltd is a registered company in Seychelles, with registration number 8421720-1 and registered address is Room 12, First Floor, Kingsgate House, Victoria, Mahe, Seychelles, licensed and regulated by the Seychelles Financial Services Authority (FSA) under the Securities Dealer’s License Number SD019.

FXGT  Pros and Cons

Pros

Pros
・Flexible Leverage up to 1:1000
・Competitive Spreads
・Wide Range of Trading Instruments
・Multiple Account Types
・$5 Minimum Deposit

Cons

Cons
・No US Clients

Trading Conditions for FXGT.com Users

Trading Conditions
Account currency BTC, ETH, USDT, ADA, XRP, EUR, USD
Minimum deposit $5
Leverage Up to 1:1000
Spread from 0 points
Instruments Forex, metals, indices, cryptocurrency pairs, synthetic cryptocurrency pairs, energies, the GTi12 Index, stocks, DeFi tokens, and NFTs
Margin Call / Stop Out
50%/20%
Trading platform MetaTrader 5, MetaTrader 4
Min Order 0.01
Contests and bonuses Unlimited 25% Loyalty bonus

Leverage & Margin

Flexible Leverage up to 1:1000
Select an asset class to view the leverage & required margin

Forex Major Pairs

Tiers Volume (USD) Leverage Margin % Max Limit per Symbol (USD)
Tier 1 0 – 800,000 1:1000 0.1 20,000,000
Tier 2 800,000 – 2,500,000 1:500 0.2 20,000,000
Tier 3 > 2,500,000 1:100 1 20,000,000

Forex Minor Pairs

Tiers Volume (USD) Leverage Margin % Max Limit per Symbol (USD)
Tier 1 0 – 600,000 1:1000 0.1 20,000,000
Tier 2 600,000 – 2,000,000 1:500 0.2 20,000,000
Tier 3 >2,000,000+ 1:100 1 20,000,000

Forex Exotic Pairs

Tiers Volume (USD) Leverage Margin % Max Limit per Symbol (USD)
Tier 1 0 – 200,000 1:500 0.2 10,000,000
Tier 2 > 200,000 – 500,000 1:200 0.5 10,000,000
Tier 3 > 500,000 – 1,000,000 1:100 1 10,000,000
Tier 4 > 1,000,000 – 3,000,000 1:50 2 10,000,000
Tier 5 >3,000,000 1:20 5 10,000,000

Account Types

Features
Crypto Max
PRO
ECN
Mini
Standard+
Contract Size 1 100,000 100,000 10,000 100,000
Asset Classes Cryptos
Synthetic Cryptos
GTi12
FX Pairs
Equity Indices
Metals
Energies
Stocks
Cryptos
Synthetic Cryptos
GTi12 Index
DeFi Tokens
NFTs
FX Pairs
Equity Indices
Metals
Energies
Stocks
Cryptos
Synthetic Cryptos
GTi12 Index
FX Pairs
Equity Indices
Metals
Energies
Stocks
Cryptos
GTi12 Index
FX Pairs
Equity Indices
Metals
Energies
Stocks
Cryptos
Synthetic Cryptos
GTi12 Index
Spreads From Low 5 points 0 points 10 points 10 points
Commission /
Transaction Fees
$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

$0 $0
Leverage Up to 1:500
based on volume
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
First Deposit
to MT4/MT5 Trading Account
$5 $5 $5 $5 $5
Promotions
/ Bonuses
X X
Minimum Trade Size Details available under Markets. 0.01 0.01 0.01 0.01
Maximum Trade Size Details available under Markets. 200 Lots 200 Lots 200 Lots 100 Lots
Maximum Volume Limit Details available under Markets. 200 Lots 200 Lots 500 Lots 200 Lots
Account Currency BTC, ETH, USDT, ADA, XRP, EUR, USD, JPY BTC, ETH, USDT, ADA, XRP, USD, EUR, JPY BTC, ETH, USDT, ADA, XRP, USD, EUR, JPY BTC, ETH, USDT, ADA, XRP, USD, EUR, JPY BTC, ETH, USDT, ADA, XRP, USD, EUR, JPY
Trading Platforms MT5/MT4 Desktop, Web, Mobile MT5/MT4 Desktop, Web, Mobile MT5/MT4 Desktop, Web, Mobile MT5/MT4 Desktop, Web, Mobile MT5/MT4 Desktop, Web, Mobile
Order Execution Market Market Market Market Market
Margin Call 70% 50% 70% 50% 50%
Stop Out 40% 20% 40% 20% 20%
Swap-free days allowance Cryptos (including GTi12 & Synthetic Crypto Pairs): 

0 days
FX Majors & Minors, Metals, Equity Indices, Energies: 6 days
Cryptos (including GTi12 & Synthetic Crypto Pairs), FX Exotics and FX JPY pairs, Stocks, DeFi Tokens, NFTs:0 days
Gold, Equity Indices: 3 days

Cryptos (including GTi12 & Synthetic Crypto Pairs), FX, Energies, Stocks: 0 days
All assets: 0 days All assets: 0 days
Swap Free account (on request)
Limit & Stop Levels Zero Stop Limit Level on FX Majors, FX Minors and FX Exotics
Maximum Number
of Positions
100 200 100 150 100
Maximum Number
of Pending Orders
100 200 100 150 100
Negative Balance
Protection

Pro

Trade like a pro and enjoy the best trading conditions on offer, including zero commissions and tight spreads.

ECN

Trading that reflects real markets conditions, with raw spreads on all asset classes along with extremely competitive trading commissions.

Standard

Trade hundreds of available instruments with a great promotions and rewards.

Crypto Max

Get the definitive 24/7 crypto experience on a dedicated account, with exclusive promotions on our largest selection of crypto pairs.

Mini

Trade with micro lots to get started and enter the markets with confidence by trading on a wide array of instruments across multiple asset classes.

Bonuses & Promotions

Trading Promotions
Boost your trading with our exclusive bonuses and offers

No Deposit Bonus Welcome Bonus Second Time
Deposit Bonus
Unlimited Loyalty
Bonus
¥15K 100% 50% 25%

No Deposit Bonus

KYC Verify your trading account and we’ll give you 15,000 JPY!
・Verify your account within 30 days of the initial registration date
・Claim the 15,000 JPY bonus within your Client Portal
・Eligible accounts: Mini, Standard+, Crypto Max

Welcome Bonus

Kickstart your trading journey and get up to 80,000 JPY on us!*
・100% bonus on your first (single) deposit
・All profits earned can be withdrawn
・Eligible accounts: Mini, Standard+, Crypto Max

Second Time Deposit Bonus

Boost your second deposit with up to 150,000 in rewards!*
・50% bonus on your second (single) deposit
・Maximum bonus value of 150,000 JPY
・All profits earned can be withdrawn
・Eligible accounts: Crypto Max, Mini, Standard+ 

Unlimited Loyalty Bonus

Enjoy the continuous rewards with our 25% Unlimited Loyalty Bonus!*
・Get a 25% bonus for every deposit you make
・Once you exhaust the 1,200,000 JPY limit, we’ll reset it back to zero!
・Eligible accounts: Crypto Max, Mini, Standard+

Platform

Take a closer look at the key features of the MetaTrader 4 and MetaTrader 5 trading platforms.

MT5

Enhanced Speed
A quick and efficient platform with ultra-fast order execution times on a 64-bit operating system
Indicators & Analytics
Enjoy access to a total of 38 built-in indicators, 22 analytical tools, and 46 graphical objects
Advanced Back Testing
Experience enhanced trading strategy testing capabilities with simultaneous multi-currency back testing
Market Depth
Benefit from a greater depth of market, while also unlocking up to 21 available chart timeframes

MT4

Multifunctional Elements
User-friendly, efficient, and versatile platform with a wide range of easily customisable features
Automated Trading
Access pre-installed Expert Advisors (EAs) and technical indicators via the renowned MQL4 Language
Hedging Support
Deploy risk management techniques and trade both long and short positions on the same instrument
Traditional Timeframes
Benefit from a total of 9 available chart timeframes to work with, ranging from 1 minute to 1 month

Features
MT5 MT4
Markets Forex, CFDs, Stocks, Futures, Options Forex, CFDs
Indicators 38 30
Pending order types 6 4
Order execution types 4 3
Chart timeframes 21 9
Graphing objects 46 31
One Click Trading
Hedging
Netting X
Economic calendar X
Market depth X
Reports HTML & Open XML table formats Tables only
Devices Desktop, WebTrader, Android, macOS, iOS Desktop, WebTrader, Android, macOS, iOS

Commissions & Fees

Trading fees on ECN accounts are spreads plus fees per lot, which are $5 for metals, $6 for fiat currencies, and 0.1% of position size for cryptocurrencies. Spreads on all accounts are floating.

On Standard+ and Mini, they start from 1 pips; on Pro, they are from 0.5 pips, and on ECN spreads, they are from 0 pips. The fee for an inactive account within 90 days is $10 and is charged monthly.

The company does not charge deposit or withdrawal fees, but they may be charged by payment service providers.

Account type Spread (minimum value) Withdrawal commission
Mini $1.8 Charged by banks and payment systems
Standard+ $13 Charged by banks and payment systems
Pro $2 Charged by banks and payment systems
ECN $0 Charged by banks and payment systems

Deposits & Withdrawals

Experience convenient and secure payments with our wide selection of local payment options, including eWallets, for seamless transactions.

Deposits

Method Currency Min Deposit Processing Time Fees
VISA USD
EUR
JPY
50 EUR
50 USD
5000 JPY
Instant $0
JCB JPY 1000 JPY Instant $0
Mastercard USD
EUR
JPY
50 EUR
50 USD
5000 JPY
Instant $0
Bitcoin BTC 0.0001 1 to 30 minutes $0
Ethereum ETH 0.05 1 to 30 minutes $0
Ripple XRP 25 1 to 30 minutes $0
Cardano ADA 10 1 to 30 minutes* $0
Tether ERC20 USDT
(ERC20)
25 1 to 30 minutes* $0
Tether TRC20 USDT
(TRC20)
25 1 to 30 minutes* $0
bitwallet USD
EUR
JPY
10 USD
10 EUR
1000 JPY
Instant $0
STICPAY
USD
EUR
JPY
5 USD
5 EUR
5000 JPY
Instant $0
Binance Pay USDT 25 USDT Instant $0
Manual Bank Wire JPY 10,000 JPY Up to 5
Business Days
Depends on Amount*
Electronic Funds Transfer JPY 15,000 JPY 4 hours $0
FasaPay USD 10 USD Instant $0
Apple Pay USD
EUR
JPY
50 EUR
50 USD
5000 JPY
Instant $0
Google Pay USD
EUR
JPY
50 EUR
50 USD
5000 JPY
Instant $0
Perfect Money EUR
USD
50 EUR
50 USD
Instant $0

Withdrawals

Method Currency Min Withdrawal Processing Time Fees
VISA
USD
EUR
JPY
50 EUR
50 USD
5000 JPY
2 Business Days $0
JCB USD
EUR
JPY
1000 JPY 2 Business Days $0
Mastercard USD
EUR
JPY
50 EUR
50 USD
5000 JPY
2 Business Days $0
Bitcoin BTC 0.0001 Within 48 Hours $0
Ethereum ETH 0.05 Within 48 Hours $0
Ripple XRP 25 Within 48 Hours $0
Cardano ADA 10 Within 48 Hours $0
Tether ERC20 USDT
(ERC20)
35 Within 48 Hours $0
Tether TRC20 USDT
(TRC20)
35 Within 48 Hours $0
bitwallet USD
EUR
JPY
10 USD
10 EUR
1000 JPY
Within 48 Hours $0
STICPAY
USD
EUR
JPY
10 USD
10 EUR
3000 JPY
Within 48 Hours $0
Manual Bank Wire JPY 10,000 JPY Up to 5
Business Days
$0
Electronic Funds Transfer JPY 15,000 JPY Up to 5
Business Days
Depends on Amount*
Perfect Money EUR
USD
50 EUR
50 USD
Instant $0
Fasapay USD 10 USD Instant $0
Google Pay USD
EUR
JPY
50 EUR
50 USD
5000 JPY
2 Business Days $0
Apple Pay USD
EUR
JPY
50 EUR
50 USD
5000 JPY
2 Business Days $0

Contact Info

Contact Info
Foundation date
Registration address Room 12, First Floor, Kingsgate House, Victoria, Mahe, Seychelles
Regulation
Official site
Contacts

Conclusion

FXGT.com clearly represents itself as a preferable option for those looking for a suitable trading platform.

Open an account now!/Open my account with FXGT.com

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