|Risk Management Index
Established in 2019 FXGT.com has become one of the top forex brokers globally over a short time. FXGT.com encompasses a range of trading techniques that have been tried, tested, and refined over time. With precision and skill, traders navigate the volatile market to capitalize on exchange rate fluctuations. Picture this: rapid decision-making, calculated risk, and a blend of technical and fundamental analyses. The outcome? Potentially substantial profits. And you will get all of these from FXGT.com.
Overview of FXGT.com
FXGT.com was formed with a goal to revolutionize the trader experience. They have three important central themes that guide their mission choice, access and trust.
FXGT.com has different accounts types for different traders. You can pick the one that fits your style and plans. They offer traders wide range of products and options. FXGT.com offers many instruments you can trade, and they give you tools to help you understand what's happening. They also offer special prizes to make trading even more fun.
They make sure everything is secure. As a regulated broker, FXGT.com follows rules and has the right licenses to take proper care of your money. Your money is always kept separate from the broker, so you can take it out whenever you want.
FXGT.com has also received several awards for their brokerage service. Recently, they were crowned as the ‘Best Broker 2023’ by AtoZ Markets, whilst in 2022, they received the award for being the Best Hybrid Broker at the Ultimate Fintech Awards. At FXGT.com, they are not just a place to trade – they are a way to start a whole new trading adventure.
FXGT.com Review: Quick Summary
|🗺️ FXGT.com Regulation
|FSCA, FSA, VFSC, CySEC (Institutional clients only)
|MetaTrader 4 and MetaTrader 5
|Forex, Cryptocurrencies, Precious Metals, Energies, Equity Indices, Stocks, NFTs, DeFi Tokens, Synthetic Pairs, GTi12 Index
|💳 FXGT.com Minimum Deposit
|💰 Deposit Methods
|Visa, JCB, Mastercard, Bitcoin, Ethereum, Ripple, Cardano, Tether ERC20, Tether TRC20, Bitwallet, Sticpay, Bank Transfer, Binance Pay, Bank Wire, Neteller, 1-2-pay.
|📱 Mobile Trading
|🌍 Web Trading
|💵 FXGT.com Minimum Trade Size
|🎢 FXGT.com Maximum Leverage
|Up to 1:1000
|☎ Customer Support
FXGT.com really prioritizes the safety and security of their clients trading experience. They proudly operate as a fully regulated broker, adhering strongly to the highest regulatory standards, and maintaining a robust capital adequacy ratio across all times.
Their commitment to regulatory compliance is exemplified by 360 Degrees Markets Ltd. This Seychelles-based entity is a registered company with the Registration Number 8421720-1. It operates under the vigilant oversight of the Seychelles Financial Services Authority (SFSA), holding the esteemed Securities Dealer’s License Number SD019.
In South Africa, GT IO Markets (PTY) Ltd stands as a registered entity with the Registration Number 2015/059344/07. The regulatory authority of the South African Financial Services Conduct Authority (FSCA) diligently monitors its operations. The entity operates under the esteemed Financial Services Provider (FSP) Licence Number 48896.
A registered company in Vanuatu, GT Global Markets Ltd, stresses their global presence. This entity is licensed and precisely regulated by the Vanuatu Financial Services Commission (VFSC) under the watchful guidance of the Principal’s License Number 700601. Its registered address is situated at Law Partners House, Kumul Highway, Port Vila, Vanuatu.
At FXGT.com, they hold true to their commitment to transparency, trust, and regulatory excellence. Their multi-jurisdictional compliance demonstrates their dedication to providing you with a trading environment that is secure, reliable, and poised for success.
FXGT.com Review Account Types
At FXGT.com, they have different kinds of accounts to the needs of different traders.
The Mini account is great for people who are just starting to learn how to trade, or for those who already know a lot and want to try new strategies or make changes to ones they already have.
The Standard+ account is good for people who trade on different market instruments with exciting rewards and promotions. Both Mini and Standard+ accounts offer regular and attractive trading promotions.. The cost to use these accounts starts from 1.0 pips or $10.00 for a certain amount of trading.
FXGT.com also has two other types of account PRO and ECN. The PRO account is a excellent choice for serious traders. It doesn't have extra fees. You don’t need to pay any fees or commissions on the PRO account.
The ECN account is another option for serious traders. With this account you can trade with raw spreads that reflect the real market trading conditions across multiple asset classes, with super competitive commissions. For example, up to $6 round-turn on all FX asset classes, 0.1% round-turn on all Crypto Asset Classes and up to $5 round turn for Precious Metals.
We like the PRO account because it has lower fees, as it features the best trading conditions, with very low spreads, no commissions, and swap-free trading for the first six days on certain assets. Also, if you are a trader from Japan, they have a special account just for trading cryptocurrencies, called Crypto Max.
For all these account types, the minimum deposit is $5. Account base currencies are BTC, ETH, USDT, ADA, XRP, USD, EUR, and JPY. When you trade on FXGT.com, the smallest amount you can trade is 0.01, and the biggest amount is 200.0 lots. They also have a demo account, which is like a practice account to learn. Further, the Islamic account options are there too.
Markets and Instruments
We found that FXGT.com offers a lot of different instruments you can trade. They have a total of 743 instruments you can trade, like 54 pairs of foreign currency, 32 types of cryptocurrencies, 3 Precious Metals, 10 Equity Indices, 54 Stocks, 11 Synthetic Cryptos, 5 NFT, 2 Coins, 10 DeFis and 3 Energies.
FXGT.com is a good place to trade the above things, assets, and while they do for futures and options trading, there are hundreds of assets available to trade on.. Overall, they got a score of 9 out of 10 for the variety of instruments you can trade.
FXGT.com Review Deposits and Withdrawals
At FXGT.com, they make sure that verified clients can easily put money into their accounts and take money out without extra charges. They work with 4 numerous payments service providers including Visa, JCB, Mastercard, Bitcoin, Ethereum, Ripple, Cardano, Tether ERC20, Tether TRC20, Bitwallet, STICPAY,, Bank Transfer, Binance Pay, Bank Wire, Neteller, 1-2-PAY.
When you want to put money in or take it out, they don't charge any extra fees themselves. But sometimes, the companies that help with payments might have fees. To start trading, you can put in as little as $5.
The smallest amount you can withdraw depends on how you're getting your money, and it can be between $5 and $50. Sometimes, it's really quick, like right away, and sometimes it might take up to 72 hours. If you're using banks, it could take up to ten business days, but if you're using methods like e-wallets or cryptocurrencies, it's usually faster.
FXGT.com Minimum Deposit
FXGT.com lets you begin trading with just $5. This is great for beginners or traders of any size, and you can also use other types of currencies like euros, Bitcoin, and more. However, it's important to remember that before you start trading, you should check the rules for the instrument you want to trade. You need to make sure you have enough money to cover the costs and use a smart strategy to manage your money well.
At FXGT.com, they made something cool called the GTLot. It's like a special tool to measure how much trading you do on their website. This helps them see how much you're trading across different instruments like cryptocurrencies and other stuff.
They made the GTLot to make things simpler. Instead of looking at different sizes and values for each asset you trade, they use the GTLot to measure everything in the same way.
How it works is, they take all the trading you do and change it into US dollars (USD). Then, they say that 1 GTLot is the same as trading $100,000 in US dollars. This makes it easier to understand how much you're trading.
FXGT.com uses GTLots only for benchmarking, promotional, and marketing purposes. GTLots are a dynamic measure of your trading performance, serving as a daily, weekly, and lifetime indicator to calculate trading volume. These lots aren't just figures; they act as your trading compass on the Dashboard, offering a swift and effortless way to gauge your overall trading volume. With GTLots, you can effortlessly track your trading progress and understand the scale of your trading endeavors within your account.
Embrace the potential of GTLots as not just numbers, but targets that drive your ambitions. They stand as pivotal metrics in promotions, campaigns, and competitions, fueling your journey to success. Imagine participating in a trading promotion where trading a specific number of GTLots is your ticket to eligibility. It's the same with competitions – your ability to achieve a set GTLots target might just be your key to clinching victory or seizing a coveted prize.
Unlock exclusive privileges with GTLots as your guide. These lots can also function as maintained trading requirements, unlocking doors to premium offerings such as FXGT.com VIP Services. Picture this: maintaining a monthly trading volume of 5 GTLots could grant you access to a realm of enhanced services and benefits. GTLots aren't just about trading; they're about unlocking a world of opportunities tailored to your trading endeavors.
At FXGT.com GTLots aren't just units of measurement; they're your companions on your trading journey, offering insights, opportunities, and a pathway to enhanced trading experiences.
FXGT.com Review Leverage and Margin
FXGT.com has a dynamic leverage model. This special thing changes how much leverage you need while you're trading based on what you're doing. How it works changes depending on how much you're trading and what type of instruments you're trading.
The dynamic leverage model helps you balance how much risk you're comfortable with. It lets you make the most of your trading opportunities while also keeping an eye on the risks in the market. This is important, especially when you're trading a lot.
FXGT uses this dynamic leverage as a tool to manage risks. It helps keep your account safe from getting too exposed to big risks.
FXGT.com offers flexible leverage options tailored to different regions, empowering traders with choices that suit their preferences and risk appetites. European traders can access leverage of up to 1:30 for major currency pairs, ensuring a balanced approach to trading. Meanwhile, South African traders benefit from a higher leverage of 1:200, enhancing their trading potential. For the international traders, the broker extends the opportunity to utilize leverage up to an impressive 1:1000 for Forex instruments, giving them the freedom to optimize their trading strategies and capitalize on market opportunities. Their diverse leverage offerings reflect to commitment to accommodating varying trading styles and providing a trading environment that fosters growth and success.
FXGT.com provides their brokerage service via the MetaTrader 4 and MetaTrader 5 platforms. Here are some of the key features you will come across.
FXGT.com MetaTrader 4
Discover the power of MT4 – a multifunctional trading platform that's not only user-friendly and efficient but also remarkably versatile. Designed to cater to traders of all levels, this platform comes with easily customizable features, ensuring that your trading experience aligns perfectly with your preferences.
One special thing about MT4 is that it can trade for you automatically. There are Expert Advisors (EAs) and technical indicators that help decide when to trade. You can set rules, and the platform will follow them to trade better.
You can also use MT4 to manage risks. It lets you do both safe and risky trades at the same time, which is helpful for smart strategies.
MT4 also has ways to see how the market has been in the past and how it might be in the future. It's like having different kinds of time views to make better choices. With nine available chart timeframes, ranging from 1 minute to 1 month, you gain a comprehensive view of market trends and can make informed decisions.
MT4 has lots of tools, like 30 indicators, different ways to place orders, and even a special feature called "One Click Trading." It's all designed to help you trade smartly and with confidence.
Whether you're a pro or just starting, MT4 is there to help you trade better and smarter. It's like a super tool for trading!
FXGT.com MetaTrader 5
Get ready to step into a whole new world of trading with MT5 - a platform that's designed to take your trading to amazing new levels. Here are some really cool things about MT5 that make it an amazing trading companion:
- Super Speed for Quick Trading: MT5 is really fast! It makes trading quick and easy. It works on a special 64-bit system, so your trades happen right away. You won't miss out on any opportunities.
- Indicators & Tools for Smart Choices: MT5 gives you a bunch of tools to help you trade smartly. There are 38 built-in indicators that can show you trends, 22 tools for analyzing, and 46 different shapes you can use to see things on the charts better.
- Advanced Testing for Better Strategies: You can test your trading strategies really well with MT5. You can test how different strategies work in different situations and with different currency types of all at once.
- Deep Market Insights and Timeframes: MT5 lets you dive deep into the market. You can see how things are moving and how much money is there. You can also look at the market in many different timeframes, with up to 21 different options. This helps you make really good choices.
MT5 is packed with features that bring a new level of trading to you. You can trade Forex, CFDs, stocks, and more. There are lots of tools like 38 indicators, different ways to place orders, and even a special feature called "One Click Trading." MT5 works on different devices like computers, phones, and tablets, so you can trade whenever you want. It helps you trade with speed, accuracy, and smart strategies across many types of markets.
MT5 Trading Tools
FXGT offers Advanced Trader Toolkit for MT5 – a set of tools made by traders, just for traders. This toolkit is like a special collection of tools that helps you trade better. It helps you make your trading strategy work really well, keeps you safe from risks, and helps you make the most money possible in the financial markets.
With these tools, you can quickly get all the information you need from the market. You can look at many markets at once and see what's happening. You can also make trades, watch them, and control them like a pro. It's like having a set of super tools that make your trading experience even better.
After you sign up as a client with FXGT.com, you'll get access to your toolkit in three different ways. Your access will be different depending on the type of account you have and how much money you have in it. They offer three tools plans-
- Silver: This is the basic version available on demo and regular account.
- Gold: This package is available on live accounts that has at least $1 balance.
- Platinum: It is available on account with minimum $500 balance.
The list of the MT5 tools you will get are-
- Analysis trading tools
- Dynamic EMA channel
- Volatility Forecaster
- Trend Strength
- RSI extreme tools
- Execution trading tools
- Orders on equity tool
- Move stop tool
- FX basket trading tool
- One click close tool
- Utility trading tools
- Percentage change tool
- Market session
FXGT.com Review Research and Education
At FXGT.com, they have a tool called "Trader Insights" that can help you understand how traders are feeling about the market. This tool shows things like Market Sentiment, Open Interest by Client, Open Position Ratio, and Open Interest by Value. They also have a "Technical Analysis" section where you can see charts for different time periods, an economic calendar with important events, and some other useful information like pivot points and predictions about how much the market might move.
They offer trading on both the MT4 and MT5 platforms, and on MT5 you can even get signals to help you trade better.
FXGT.com tries to help new traders learn, especially in South Africa where they really want to teach new traders. However, their educational content is a bit basic right now. They offer five eBooks to learn from, but there's a lot of free information online too. Even though they don't have a lot of educational stuff right now, it's not a big problem. Hopefully, they'll add more helpful things in the future.
FXGT.com Customer Support Review
At FXGT.com, they have customer support available all the time, 24/7. You can get help in different languages through email, a web form, or live chat. The live chat is available in multiple languages, including Arabic, English, and Spanish. They don't have a direct phone number listed, so using the live chat tool is the easiest way to get in touch. You can find the live chat option on every page of their website.
Bonuses and Promotions
FXGT.com provide a range of different special offers that can change every month and can be different depending on where you are. When we looked, they had things like a no-deposit bonus, a welcome bonus for new traders, a loyalty bonus, and more.
FXGT.com will list all the bonuses you can get if you're a client of theirs. But remember, there are rules for these bonuses, and they might not be the same for all offers or places. It's a good idea to read and understand these rules before you ask for any bonuses.
Opening a FXGT.com account is easy to open and manageable. They have dynamic leverage and protection from losing too much money, which is great for cryptocurrency traders. You can even choose to have your account in cryptocurrencies, which is cool. Starting with just $5 is good because it's affordable, and they have customer support that can help you any time. Not having to pay extra fees for holding trades overnight is also a good thing. They offer competitive pricing, useful trading tools, attractive promotions. They also offer a lot of different that cryptocurrencies you can trade, including the GTi12 Index, which allows you to trade the top 12 most popular cryptocurrencies as a single CFD instrument.