FXGT Review 2024

What is FXGT?

FXGT, also known as Forex Grand Trade, is a globally regulated broker that is revolutionizing the trader experience. The company offers low fees on over 150 trading instruments per account type. This wide range of instruments includes forex currency pairs, CFDs, stocks, equity indices, gold, silver, oil, and cryptocurrencies. This diversity of options caters to the personal investment and trading preferences of its clients. FXGT is committed to ensuring fund safety and fast execution. This commitment is a testament to the company’s dedication to providing a secure and efficient trading environment for its clients. The company’s trading platform is powered by MetaTrader 5 (MT5), which is available in PC, Mobile, and Web versions. This top-of-the-line platform enhances the trading experience by offering advanced features and tools. FXGT also provides a client portal where traders can log in to their trading accounts. If a trader doesn’t have an account with FXGT yet, they can register and start trading in minutes. This user-friendly portal further enhances the trading experience by providing easy access to trading accounts. In conclusion, FXGT is a comprehensive trading platform that offers a wide range of trading instruments, a secure trading environment, advanced trading tools, and an easy-to-use client portal. Its commitment to revolutionizing the trader experience makes it a preferred choice for traders globally.

What is the Review Rating of FXGT?

What are the Pros of FXGT?

FXGT is a forex broker that offers a variety of trading assets, platforms, and features. Some of the pros of FXGT are:. It is regulated by three reputable authorities: FSA-Seychelles, FSCA South Africa, and CySEC Cyprus. It provides fast execution of orders, high-quality quotes, and competitive spreads. It offers a wide range of trading assets, including more than 50 currency pairs, many cryptocurrencies, CFDs on stocks, synthetic cryptocurrency pairs, energies, the GTi12 Index (a proprietary index consisting of 12 main cryptocurrencies), DeFi tokens, and NFTs. It supports both MetaTrader 4 and MetaTrader 5 platforms, which are popular among traders for their advanced features and tools. It has a user-friendly website and mobile app that allow traders to access their accounts anytime and anywhere. It has a generous sign-up bonus for new clients: $100 in free trading funds for every $500 deposited. It has a loyalty program that rewards clients with cashback and discounts on trading fees. It has a customer support team that is available 24/7 via phone, email, or live chat. FXGT is a broker that aims to provide traders with the best trading conditions in the market. If you are looking for a reliable and versatile broker that can cater to your diverse trading needs, you might want to consider FXGT.

What are the Cons of FXGT?

FXGT, a forex broker headquartered in Victoria, Seychelles, is regulated by the SFSA and offers a maximum leverage ratio of 1:500 with a minimum deposit amount of $5. However, despite these features, there are several drawbacks to consider. One of the main concerns is that FXGT is still a new broker in the forex world and has not yet established a strong reputation. This lack of established credibility can be a deterrent for potential investors who prefer to entrust their funds to more well-known and trusted brokers. Another significant drawback is the absence of regulation. The lack of oversight from a reputable regulatory body means that there is no external check on the broker’s operations, which could potentially lead to unethical practices. Moreover, the average fees charged by FXGT are higher than those of other Forex brokers. This could eat into the profits of traders, especially those who trade frequently or in large volumes. The availability of a VPS server is contingent on meeting certain turnover and equity requirements. This could be a disadvantage for traders who do not meet these requirements but still wish to benefit from the advantages of a VPS server, such as reduced latency. Lastly, FXGT is not a participant in compensation schemes such as the Financial Services Compensation Scheme (FSCS) or the Investor Compensation Fund (ICF). This means that in the event of the broker’s insolvency, traders may not be able to recover their funds. In conclusion, while FXGT does offer some attractive features, potential investors should be aware of these drawbacks before deciding to trade with this broker.

What are the FXGT Current Promos?

FXGT offers a variety of trading promotions and bonuses to enhance the trading experience of its clients. One of the key promotions is the 25% Unlimited Loyalty Bonus. This promotion allows traders to enjoy continuous rewards with a 25% bonus for every deposit they make. Once the $10,000 limit is exhausted, it is reset back to zero. This bonus is applicable to Mini and Standard+ accounts. Another notable promotion is the VPS Sponsorship Program. This program provides traders with 24/7 access to high-speed servers, allowing them to keep their Expert Advisors (EAs) running offline. It offers uninterrupted trading on a safe and secure server, enabling trades to be opened at lightning-fast speeds and minimizing order execution latencies to near-zero. To qualify for this program, traders need to meet a minimum trading account equity of $3,000 and maintain a minimum monthly trading volume of 5 GTLots. FXGT’s promotions are designed to cater to traders of all levels. Existing clients can participate in as many promotions as they want, provided they meet the qualifying criteria specified in the terms and conditions of each promotion. New clients simply need to register for an account to gain access to these exclusive promotions. In addition to these promotions, FXGT also offers competitive trading conditions such as zero swaps on Gold & Indices, fee-free deposits & withdrawals, trading from 0 pips, a minimum funding requirement of $5 across all account types, dynamic leverage of 1:1000, and 24/7 multilingual local support.

What are the FXGT Highlights?

FXGT is a globally regulated broker that offers trading on Forex, CFDs, and Stocks. They are revolutionizing the trader experience with low fees on over 150+ trading instruments per account type. They ensure fund safety and fast execution. They offer a 25% Unlimited Loyalty Bonus. and VPS Sponsorship. They provide MT5 & MT4 Trading Platforms. and an Advanced MT5 Trading Toolkit. FXGT offers superior trading conditions with unique account features. They have zero swaps on Gold & Indices. , fee-free deposit & withdrawals. , and trades from 0 pips. They have a minimum funding requirement of $5 across all account types. and offer dynamic leverage of 1:1000. They provide 24/7 multilingual local support. They offer unrivaled trading conditions across all asset classes including Forex, Metals, Energies, Equity Indices, and Stocks. They provide a trading account for every trader, regardless of their trading style, strategy, or experience level. They offer PRO Account, ECN Account, Mini Account, and Standard+ Account.

What is the FXGT Origin Story?

FXGT.com is a globally noted broker that has made significant strides in the trading arena. The firm has been steadfast in its dedication to empowering every trader with seamless services and unwavering reliability. After months of hard work, FXGT.com launched their Pro and ECN accounts, which were nothing short of a revolution in terms of excellent trading terms. These accounts were designed with an emphasis on the things that more experienced clients require, such as asset variety, raw spreads, flexible margins, and much more. The Pro account guarantees commission-free trading on no less than 10 different asset classes. On the other hand, traders who choose the ECN accounts can enjoy spreads that go as low as zero, alongside negative balance protection and the option for a 40% stop-out bar. Both accounts are coordinated with the reputable MetaTrader 4 and 5 platforms and mobile apps. FXGT.com is an FSA-regulated brokerage firm that offers an extensive range of features for its clients. The brand enlists a diverse mix of assets: from classic forex and stocks to the avant-garde realm of NFTs and crypto. Moreover, the broker integrates the prowess of MT4 and MT5 terminals, amplified by the VPS sponsorship facility. The broker also assimilates 24/7 multi-lingual support and four account types, enhancing diversification optionality. Functioning more than just a brand, FXGT.com ensures that traders are equipped with the right toolkit to stay ahead in the competitive trading arena.

Is FXGT Legit and Trustworthy?

FXGT, a forex and cryptocurrency broker, has been the subject of various reviews and opinions. According to some users on Trustpilot, FXGT offers a unique website design and an interesting concept. They provide a variety of accounts to cater to different traders of various skill levels. Some users have praised their customer service, spreads, and liquidity. However, some users have also pointed out potential issues such as high leverage, which could pose a risk for traders who are not experienced in managing it wisely. On the other hand, DailyForex highlights that FXGT is carving out a market position as a hybrid Forex and cryptocurrency broker. They offer access to the MT4 and MT5 trading platforms for a minimum deposit of only $5. However, they do not accept clients resident in the USA, EU, and UK. CryptoNewsZ mentions that FXGT is an award-winning, regulated broker recently honored with the Best Broker 2023 award by AtoZ Markets. However, some sources like Forex Brokerz and Scams Report have raised concerns about FXGT’s credibility and regulation. They advise potential investors to choose regulated and trustworthy platforms for their forex trading endeavors. In conclusion, while FXGT has received mixed reviews, it’s crucial for potential investors to conduct thorough research and consider multiple sources before making a decision.

Is FXGT Regulated and who are the Regulators?

FXGT, an international online trading platform, is a regulated broker that is licensed by multiple regulatory bodies. The company, established in 2019, offers brokerage services for forex and cryptocurrency trading. It is trusted by traders worldwide for its robust risk management policies and procedures. FXGT is regulated by 360 Degrees Markets Ltd (Seychelles), which is licensed and regulated by the Seychelles Financial Services Authority (FSA) under the Securities Dealer’s License Number SD019. This regulatory body ensures that FXGT adheres to the financial standards and practices set by the Seychelles government. In addition to the FSA, FXGT is also regulated by GT IO Markets (Pty) Ltd (South Africa), an Authorized FSP with FSP Number 48896, and regulated by the Financial Sector Conduct Authority (FSCA). The FSCA is responsible for market conduct regulation and supervision, ensuring that FXGT complies with South Africa’s financial sector laws. Furthermore, FXGT is regulated by GT Global Markets Ltd (Vanuatu), which is licensed and regulated by the Vanuatu Financial Services Commission (VFSC) under the Principal’s License Number 700601. The VFSC provides oversight to ensure that FXGT meets the financial standards set by the Vanuatu government. In summary, FXGT is regulated by multiple regulatory bodies, including the FSA, FSCA, and VFSC, which oversee its operations and ensure it adheres to financial standards and practices. This multi-jurisdictional regulation provides traders with assurance of FXGT’s commitment to maintaining high standards of operation and customer protection.

Did FXGT win any Awards?

FXGT, a forex broker company, has indeed been recognized for its services. It was recently honored with the Best Broker 2023 award by AtoZ Markets. This award is a testament to the company’s commitment to providing top-notch services in the financial markets. FXGT is regulated by multiple authorities, including the Seychelles Financial Services Authority (FSA), South Africa’s Financial Sector Conduct Authority (FSCA), the Vanuatu Financial Services Commission (VFSC), and the Cyprus Securities and Exchange Commission (CySEC). This multi-jurisdictional regulation further solidifies FXGT’s credibility in the financial markets. In addition to its award-winning services, FXGT offers a range of trading instruments, including FX asset classes, cryptocurrencies, synthetic cryptocurrency pairs, metals, energy, equity indices, stocks, DeFi tokens, and NFTs. This wide array of offerings caters to a diverse set of traders, from beginners to experienced ones. FXGT also provides exclusive promotions to its traders. One such promotion is the 25% Unlimited Loyalty Bonus. This bonus is given for every deposit made.

What type of Forex Broker is FXGT?

FXGT, also known as Global GT, is a Seychelles-based Forex Broker. Established in 2019, FXGT has gained popularity due to its unique and dynamic approach to offering the trading of financial instruments. Despite being a fairly young broker, it provides stability derived from traditional Forex trading, supplemented with additional digital tools. FXGT offers four different account types: Mini Account, Standard+ Account, PRO Account, and an ECN Account. Each account type has its own set of conditions for commission, fees, margin calls, leverage, and minimum deposits. All of their accounts have a minimum trade size of 0.01. The broker provides access to a wide array of financial instruments spread across various asset classes. These include Forex, cryptocurrency, precious metals, energies, equity indices, and stocks. FXGT makes use of numerous tools and provides access to one of the most advanced trading platforms, namely MetaTrader 5. Through this platform, a vast array of trading activities can be conducted. FXGT is said to be the first regulated ‘hybrid’ broker. This means you can open a trading account in cryptocurrencies like Bitcoin and Ethereum. This feature sets FXGT apart from many traditional Forex brokers and adds to its appeal for modern traders. In conclusion, FXGT’s innovative approach to Forex trading, combined with its wide range of account types and financial instruments, makes it a compelling choice for traders. Its status as a regulated ‘hybrid’ broker further enhances its credibility and appeal.

How do I get in Contact with FXGT?

To get in contact with FXGT, you have a few options:. You can use their live chat feature on their website. They offer multilingual support and are available 24/7. You can send them an email at [email protected] if you are a client or [email protected] if you are a partner. You can submit a request form on their website. with your first name, email, type of enquiry, and message. They will get back to you as soon as possible. FXGT is a globally regulated broker that offers low fees on 150+ trading instruments per account type, ensuring fund safety and fast execution. They also provide various promotions, research, and trading platforms for their clients and partners. If you are interested in trading with FXGT, you can open an account online or contact them for more information.

Where are the Headquarters from FXGT based?

The headquarters of FXGT, a renowned global broker in the field of Forex, CFDs, and Stocks trading, are based in Cyprus. This location serves as the central hub for the company’s operations and services. As a registered company in Cyprus, FXGT is part of a group of companies that includes 360 Degrees Markets Ltd and ISPASS Technologies Ltd. The company’s commitment to revolutionizing the trader experience has led to its recognition in the industry, including being awarded ‘2023 Broker of the Year’ by AtoZ Markets.

What kind of Customer Support is offered by FXGT?

FXGT offers a comprehensive customer support system. They provide multilingual support and are available 24/7. Their support team can be reached through live chat. , which allows for real-time problem-solving and immediate responses to queries. In addition to live chat, customers can also reach out to FXGT via email. This provides an alternative communication channel for more complex queries or issues that may require detailed explanations or attachments. FXGT also offers a ‘submit a request’ feature on their website. Customers can send a message directly through this platform, and the support team will respond as quickly as possible. Lastly, FXGT’s Client Portal allows customers to log in to their trading accounts. , providing another point of contact for support.

Which Educational and Learning Materials are offered by FXGT?

FXGT offers a range of educational materials, primarily focused on the intricacies of crypto trading. These resources cover the basics and provide a solid foundation for beginners to build upon. However, it’s worth noting that the scope of these educational resources is somewhat limited. Despite this, FXGT’s diverse account types, reliable customer support, and assortment of rare and highly volatile instruments provide ample learning opportunities for both beginner traders and seasoned professionals. The broker also offers the opportunity to implement high-frequency trading strategies. In addition to this, FXGT provides services and solutions for cryptocurrency traders, including crypto payments, a decent range of various crypto CFDs, and access to synthetic cryptos. This well-balanced offering provides crypto traders with the flexibility they need to navigate one of the industry’s most turbulent and volatile markets. Overall, while FXGT’s educational resources may be limited, the broker’s wide array of services, solutions, and trading opportunities offer a comprehensive learning experience for traders of all levels.

Does FXGT hedge Positions?

FXGT, an online broker regulated by the FSCA and the VFSC, is a good choice for clients looking to execute short-term strategies. One of these strategies includes hedging. This broker offers a dynamic leverage between 1:10 and 1:1000 depending on the asset traded. It’s important to note that while FXGT allows hedging, it’s up to the individual trader to implement and manage their hedging strategy.

Can anyone join FXGT?

FXGT, a financial trading platform, offers its services to a wide range of traders. However, it’s important to note that the platform is not aimed at retail clients resident in the European Union. The platform offers different types of trading accounts, including PRO and ECN. , catering to different trading needs and preferences. It’s advisable for potential traders to familiarize themselves with the terms and conditions of the platform. before registering. This ensures a clear understanding of the trading conditions, bonuses, and promotions offered by FXGT.

Who should sign up with FXGT?

FXGT is a forex broker that offers a variety of trading platforms, account types, and markets. However, not everyone should sign up with FXGT, as there are some risks and drawbacks associated with this broker. Here are some factors to consider before deciding to trade with FXGT:. Regulation: FXGT is regulated by several authorities, such as the FSCA in South Africa, the VFSC in Vanuatu, the FSA in Seychelles, and the CySEC in Cyprus. However, some of these regulators are not very reputable or strict, and may not provide adequate protection or oversight for traders. For example, the FSCA has been criticized for its lack of enforcement and transparency. , while the CySEC license is only valid for institutional clients. Therefore, traders who value security and reliability should look for brokers that are regulated by more credible and respected regulators. Spreads and commissions: FXGT offers different account types with different spreads and commissions. The PRO account has fixed spreads starting from 1.5 pips, while the ECN account has variable spreads starting from zero pips but charges commissions per lot traded. The Mini account has fixed spreads starting from 2 pips but does not charge any commissions. The STP/ECN No Commission account has variable spreads starting from 0 pips but does not charge any commissions either. Depending on the trading style and strategy of each trader, some account types may be more suitable than others. However, traders should also be aware of the potential costs involved in trading with FXGT, as they may affect their profitability and risk management. Leverage: FXGT offers a maximum leverage ratio of 1:500 for all account types. This means that traders can control a large amount of money with a small deposit. However, leverage also magnifies both profits and losses, which can lead to excessive risk-taking and potential losses beyond the initial investment. Therefore, traders should use leverage wisely and cautiously, and never risk more than they can afford to lose. Customer service: FXGT provides customer support 24/7 via phone, email, live chat, and social media. However, some customers have reported issues with the responsiveness and quality of service provided by FXGT. Moreover, some customers have complained about difficulties in withdrawing their funds or resolving disputes with the broker. Therefore, traders who rely on customer service should be prepared to face potential challenges or delays when dealing with FXGT. In conclusion, FXGT is a forex broker that offers a diverse range of trading opportunities and platforms for traders who want to access various markets. However, it also has some drawbacks that may deter some traders from signing up with it. Therefore, traders should weigh the pros and cons of trading with FXGT carefully before making their decision. References:. : FSCA: South Africa’s Financial Sector Conduct Authority. : FXGT.com Review – What Should You Know About this Broker?. : FXGT.com Account Types. : Should you trade with FXGT Forex broker? Read this review to decide.

Who should NOT sign up with FXGT?

FXGT is a forex broker regulated by the FSCA and offers a maximum leverage ratio of 1:500 with a minimum deposit amount of $5. However, there are certain groups of people who should not sign up with FXGT:. Residents of Certain Countries: FXGT does not accept traders from the USA, Canada, Iran, North Korea, and Russia. This is likely due to regulatory restrictions or company policy. Those Seeking Low Trading Fees: While most FXGT.com accounts have no fee, the minimum spreads are relatively high. Therefore, if you require a platform with minimal trading fees, FXGT may not be the best choice for you. Those Seeking High Credibility: FXGT is a low credibility, offshore broker that does not inspire much trust. If you’re looking for a broker with a high trust score, you might want to consider other options. Those Uncomfortable with High Leverage: FXGT offers a high maximum leverage ratio of 1:500. High leverage can lead to significant losses if not managed properly. If you’re a trader who is not comfortable with high leverage, FXGT might not be the right choice for you. Those Seeking Spread Betting: FXGT does not offer traders spread betting. If spread betting is a key part of your trading strategy, FXGT will not be able to accommodate your needs.

Does FXGT offer Discounts, Coupons, or Promo Codes?

FXGT offers a variety of promotions and bonuses. One of their notable promotions is the 25% Unlimited Loyalty Bonus. This bonus provides a 25% bonus for every deposit made. Once the $10,000 limit is exhausted, it resets back to zero. FXGT also offers a VPS Sponsorship Program. This program provides 24/7 access to high-speed servers and keeps your EAs running offline. To qualify, you need to meet the minimum trading account equity of $3,000 and maintain a minimum monthly trading volume of 5 GTLots. FXGT’s promotions are generally available for Mini, Standard+, and Crypto Max accounts. From time to time, all accounts may benefit from promotions. To access these promotions, existing clients need to check the qualifying criteria found in the promos’ T&Cs. New clients need to register for an account to get access to these exclusive promos.

Which Account Types are offered by FXGT?

FXGT is a forex broker that offers various account types to suit different trading styles and preferences. According to the web search results, FXGT has the following account types:. Mini Account: This account is ideal for new traders who want to trade with micro lots and access a wide range of instruments across multiple asset classes. The minimum trade size is 0.01 and the maximum leverage is 1:1000 based on volume. The spreads start from 10 points and there are no commissions or swap fees. The account currency is USD, EUR, or JPY. Standard+ Account: This account is made for all traders who want to access the full basket of securities on offer and trade on hundreds of available instruments, with great promotions and rewards. The minimum trade size is also 0.01 and the maximum leverage is 1:1000 based on volume. The spreads start from 5 points and there are no commissions or swap fees for most asset classes, except for precious metals which have a commission of up to $5 per round turn. The account currency is USD, EUR, or JPY. PRO Account: This account is perfect for pro traders who want to trade like a pro and enjoy the best trading conditions on offer, including zero commissions and swap-free trading. The minimum trade size is also 0.01 and the maximum leverage is 1:1000 based on volume. The spreads start from 5 points and there are no commissions or swap fees for any asset class. The account currency is USD, EUR, or JPY. ECN Account: This account is for trading with raw spreads that reflect real market conditions, with extremely competitive trading commissions. The minimum trade size is also 0.01 and the maximum leverage is 1:1000 based on volume. The spreads start from 0 points and there are commissions of up to $6 per round turn on all FX asset classes, except for precious metals which have a commission of up to $5 per round turn. There are also swap fees depending on the instrument type and direction of trade. To open an account in FXGT, you need to register on their website. , choose your preferred account type, deposit funds using one of their supported payment methods. , verify your identity using one of their verification methods. , and start trading on their MT4/MT5 platforms. You can also contact their customer support team via email or live chat if you have any questions or issues regarding your account opening process.

How to Open a FXGT LIVE Account?

Opening a FXGT LIVE account involves a few steps. Start by visiting the official FXGT website. You will find the option to open an account on the homepage. Provide the required data and create a strong password for your Client Portal. Make sure to tick the agreement box. After you’ve filled out the necessary information, click "Open Account". You will receive an email containing an activation link. Click on this link to verify and activate your account. The FXGT system will direct you to a login page. Enter your email and password to log in to your secure Client Portal. The next step is to choose whether you want to open a Live account or a Demo account. Decide your account setup. This includes choosing the trading platform and account type in FXGT. Next, select the base currency for your account. Decide how much leverage you want for your account. If you are a beginner, it is recommended to choose lower leverage as it can minimize the risks. You can choose to use a randomly selected word as your password generated by the system or set up your own. Press “Proceed” to continue. Your FXGT account is now ready to use. ! Download the trading platform and log in using your account credentials to begin trading. It is worth noting that in some regions, FXGT sign up requires traders to complete the account verification to start trading. The verification process involves submitting personal documents such as national ID, passport, and utility bills.

How to Open a FXGT DEMO account?

To open a FXGT demo account, you need to follow these steps:. Visit the FXGT official website and click on the “Open Account” option on the homepage. Fill out the registration form with your personal information, such as your name, email address, and country of residence. Create a strong password for your Client Portal and agree to the terms and conditions. Click on “Open Account” and wait for an email confirmation from FXGT. Click on the activation link in the email to verify and activate your account. Log in to your Client Portal using your email and password. Choose whether you want to open a live account or a demo account. Select the base currency for your demo account. You can choose from USD, EUR, GBP, JPY, AUD, or BTC. Select the leverage level for your demo account. You can choose from 1:5 to 1:500 depending on your trading experience and risk appetite. Click on “Continue” and you will be taken to your demo account page. Download the MetaTrader 5 platform from FXGT’s website and log in using your login ID and password that you received from FXGT. You have successfully opened a FXGT demo account. You can now practice trading with virtual funds and test your strategies without risking real money. A demo account is a great way to learn how to trade forex and improve your skills before you switch to a live account. Happy trading! ?.

If I violate the Trading Objectives of FXGT do I get a second chance?

FXGT is a regulated Forex broker that operates under the supervision of financial commissions of South Africa, Vanuatu, and Seychelles. It offers trading Contract For (price) Differences (CFDs) on stocks, indices, metals, commodities, and currency pairs. However, the specific consequences of violating the Trading Objectives of FXGT are not explicitly mentioned in the available resources. It is recommended to review the terms and conditions or consult with a legal advisor for precise information. Please note that adherence to trading rules is crucial in maintaining a healthy trading environment.

How Are You Protected as a Client at FXGT?

FXGT is a broker that offers various financial instruments, such as forex, CFDs, commodities, indices, and cryptocurrencies. As a client of FXGT, you can enjoy the benefits of trading with a regulated and reputable broker that takes your security seriously. Here are some of the ways that FXGT protects your funds and data:. Segregated accounts: FXGT keeps your funds entirely separate from its own operational funds in various top-tier banking institutions. It does not use any of your money for its own use or any other investment, ensuring the protection of your funds at all times. Data security: FXGT uses advanced encryption technology to ensure the maximum security of your data. Your details, trading profile and activities are stored on secure servers, protected by strong firewalls, while data transmission is encrypted to prevent data theft and unauthorized third-party access. Tier 1 banks: FXGT establishes strong partnerships with Tier 1 banks, which are creditworthy and highly rated financial institutions. These partnerships allow FXGT to operate with the highest possible standards and comply with regulatory requirements. Negative balance protection: FXGT offers negative balance protection, which means you cannot lose more than what you have deposited into your live trading accounts. Therefore, your account balance cannot fall into deficit. Risk management: FXGT has put in place a range of policies and procedures to ensure that your trading activities are safeguarded against certain risks. Your funds are also kept in Tier 1 financial institutions and are constantly monitored, to effectively identify and limit potential risks. Capital & reserves: FXGT maintains a capital adequacy ratio of 40%, which is four times more than the typical capital-to-risk weighted exposure ratio required by reputable regulators. This is much higher than most of its competitors, meaning that it offers one of the highest levels of protection of clients’ funds found anywhere in the industry. Regulation: FXGT is a fully regulated broker, adhering to all regulatory standards and a high level of capital adequacy ratio at all times. GT Global Ltd is a registered company in Seychelles, with Registration Number 8421720-1. It is regulated by the Seychelles Financial Services Authority (SFSA) under the Securities Dealer’s License Number SD019. GT IO Markets (PTY) Ltd is a registered company in South Africa, with Registration Number 2015/059344/07. It is regulated by the South African Financial Services Conduct Authority (FSCA) under the Financial Services Provider (FSP) Licence Number 48896. GT Global Markets Ltd is a registered company in Vanuatu licensed and regulated by the Vanuatu Financial Services Commission (VFSC) under the Principal’s License Number 700601. Liability insurance: FXGT’s clients are insured up to total of €1,000,000. This insurance includes market coverage to secure liabilities against clients and other third parties against: errors, omissions, negligence, or other risks that may result in financial loss. As you can see, FXGT provides you with various measures to ensure your safety and satisfaction as a client. You can trade with confidence knowing that your funds are well protected and that you have access to reliable customer support if you need any assistance. If you have any further questions about FXGT or its services, please feel free to contact me again ?.

What are FXGT AML ID requirements?

FXGT, a trading platform, adheres to Anti-Money Laundering (AML) and Know Your Customer (KYC) policies. As part of these policies, customers are required to provide certain documents for identity verification. The documents required include Proof of Identity (POI) and Proof of Address (POA). The information on these documents must match the personal information provided by the customer. Acceptable POI documents include a passport, an ID card (both sides), or a driver’s license (both sides). These documents must be valid and not expired. It’s important to note that these requirements are in place to ensure the security of transactions and to prevent fraudulent activities.

Which Deposit and Withdrawal options are available at FXGT?

FXGT offers a wide range of deposit and withdrawal options in local currencies, including popular systems and eWallets. For deposits, the options include VISA, JCB, Mastercard, Bitwallet, Sticpay, Bank Wire, Instant Local Bank Transfer, and Neteller. The minimum deposit amounts and processing times vary. For example, VISA, Mastercard, and Bitwallet require a minimum deposit of 50 EUR/USD or 5000 JPY and offer instant processing. For withdrawals, the same methods are available. The minimum withdrawal amounts and processing times also vary. For instance, VISA, Mastercard, and Bitwallet require a minimum withdrawal of 50 EUR/USD or 5000 JPY and take 2 business days to process. Please note that even though credit card deposits are reflected instantly into your account, FXGT.com requires customers to provide front and back copies of their Credit Card. Credit Card and Bank Wire withdrawals can be requested at any time but are processed within banking working hours Monday-Friday 09:00-17:00. Processing times may vary depending on the payment method used. Also, please note that certain credit/debit card providers may charge liquidity/conversion fees that FXGT has no control over. Certain providers do not allow any partial or full refund if the initial deposited amount is older than 6 months. In these cases, the client can withdraw via a different method.

Which Funding methods or Deposit Options are available at FXGT?

FXGT offers a variety of funding methods and deposit options for its users. These include credit and debit cards, eWallets, and bank wire transfers. For credit and debit cards, FXGT accepts VISA, JCB, and Mastercard. The minimum deposit for VISA and Mastercard is 50 EUR/USD or 5000 JPY, while for JCB it’s 10 EUR/USD or 1000 JPY. The processing time for these methods is instant. In terms of eWallets, FXGT supports Bitwallet and Sticpay. The minimum deposit for both Bitwallet and Sticpay is 10 USD/EUR or 1000/5000 JPY respectively. The processing time for these methods is also instant. FXGT also accepts bank wire transfers. The minimum deposit for bank wire transfer is 10,000 JPY. The processing time for this method can take up to 5 business days. Additionally, FXGT accepts deposits in various cryptocurrencies like Bitcoin and Ethereum. The processing time for these methods may vary. Please note that FXGT requires all its customers to provide proof of account ownership if the client’s email is different from the Digital wallet email. Also, certain credit/debit card providers may charge liquidity/conversion fees.

What is the Minimum Deposit Amount at FXGT?

The minimum deposit amount to open a real trading account at FXGT is 5 (Five) US Dollars. This minimum deposit requirement is extremely low when compared to other brokers. It’s important to note that the minimum deposit for first-time traders might vary based on the trading account type selected. Additionally, there are certain minimum deposit thresholds that apply to each deposit method, to avoid any loss of funds. The activation of the deposit can take up to 72 hours.

Which Withdrawal methods are available at FXGT?

FXGT offers a variety of withdrawal methods for its users. These include VISA, MasterCard, JCB, Bitwallet, SticPay, Bank Wire, and Neteller. The minimum withdrawal amounts and processing times vary depending on the method used. For instance, VISA, MasterCard, and JCB have a minimum withdrawal of 50 EUR/USD or 5000 JPY and take 2 business days to process. Bitwallet and SticPay require a minimum withdrawal of 10 USD/EUR or 1000/3000 JPY respectively, and take up to 48 hours. Bank Wire requires a minimum withdrawal of 10,000 JPY and can take up to 5 business days. Neteller has a minimum withdrawal of 5 USD/EUR and is processed instantly. It’s important to note that each payment method may have its own requirements and restrictions. Users are advised to check the specific details for each method on the FXGT website.

How can I Withdraw Money from FXGT Step by Step?

To withdraw money from FXGT, you need to follow these steps:. Log in to your account on the FXGT website or client portal. Click on the ‘Withdraw’ button from the ‘Actions’ drop down menu in the dashboard. Select the currency you want to use to withdraw. You can choose from USD, EUR, JPY, or cryptocurrencies. Choose the withdrawal method. You can use a credit/debit card, an eWallet, or a bank wire transfer. Each method has different fees and processing times. Set the amount you want to withdraw. You can withdraw up to 50% of your available balance at any time. Confirm your withdrawal request and wait for it to be processed. You can find more information about deposits and withdrawals on the FXGT website . Please note that some payment methods may have limitations or restrictions depending on your region and account type. You should also check the terms and conditions of FXGT before making any withdrawals.

Does FXGT Payout?

FXGT, a forex trading platform, does indeed payout. The platform operates on a tiered commission system, where partners earn lifetime commissions based on their clients’ trading volume. The commission tiers range from Bronze (up to $4 per lot) to Elite (up to $12 per lot), and these tiers are reviewed monthly based on partner activity. In addition to this, FXGT offers a multi-level affiliate structure where partners can receive payouts up to two levels of sub-affiliates. Affiliates who refer clients directly qualify for 100% commission, and they are also eligible to receive an additional 10% commission on the earnings of the sub-affiliates they refer, and 5% commission on the earnings of affiliates that their sub-affiliates refer. As for withdrawal methods, FXGT offers a variety of options including credit/debit cards, eWallets, and bank wire transfers. The processing times for withdrawals may vary depending on the payment method used. It’s important to note that FXGT does not charge any deposit fees, and withdrawal fees are only charged if the trader uses Bank Wire Transfer as their preferred payment method.

Which Fees are charged by FXGT?

FXGT’s fee structure is quite competitive and is designed to accommodate the needs of a wide range of traders. The spreads on EUR/USD and USD/JPY start from just 1.4 pips. FXGT does not charge deposit fees, inactivity fees or withdrawal fees. However, withdrawal fees are only charged should the trader make use of Bank Wire Transfer as their preferred payment method. An inactive fee of US Dollar 30 is charged should the trading account be void of activity for a period of three consecutive months. The minimum deposit that FXGT requires to open an account is US Dollar 5. The maximum leverage ratio that can be used is 500:1. FXGT offers one standard account, the FXGT MT 5 account, which provides traders with access to maximum leverage up to 1:500 along with negative account balance protection and tight spreads. Traders should note that spreads are determined by the various financial instruments in addition to various market conditions.

What can I trade with FXGT?

FXGT offers a wide range of financial instruments for trading. These include Forex, with more than 50 currency pairs available. Cryptocurrencies are also available for trading. Precious metals and energies can be traded. , providing opportunities for diversification. Equity Indices are another asset class that can be traded with FXGT. Lastly, Stocks are available for trading. , including more than 50 options. It’s important to note that FXGT employs dynamic leverage, allowing risks to be adjusted depending on the market situation and trading instrument.

Which Trading Platforms are offered by FXGT?

FXGT offers two main trading platforms: MetaTrader 4 (MT4) and MetaTrader 5 (MT5). MT5 is a quick and efficient platform with ultra-fast order execution times on a 64-bit operating system. It provides access to a total of 38 built-in indicators, 22 analytical tools, and 46 graphical objects. It also offers advanced back testing capabilities with simultaneous multi-currency back testing. Traders can benefit from a greater depth of market and up to 21 available chart timeframes. MT4, on the other hand, is a user-friendly, efficient, and versatile platform with a wide range of easily customizable features. It allows access to pre-installed Expert Advisors (EAs) and technical indicators via the renowned MQL4 Language. It supports hedging techniques and allows traders to take both long and short positions on the same instrument. It offers a total of 9 available chart timeframes, ranging from 1 minute to 1 month. Both platforms support one-click trading and hedging. They are available on desktop, WebTrader, Android, macOS, and iOS devices.

Which Trading Instruments are offered by FXGT?

FXGT offers a variety of trading instruments. These include Contract For Differences (CFDs) on stocks, indices, metals, commodities, and currency pairs. In addition to these standard offerings, FXGT also provides access to cryptocurrencies, including DeFi and NFT tokens. A unique feature of FXGT is the GTi12 Index, which consists of 12 main cryptocurrencies. This is a proprietary development by FXGT. Furthermore, FXGT offers proprietary instruments such as Synthetic Cryptos, and NFTs for PRO account holders. The broker also provides trading platforms like MetaTrader 4 (MT4) and MetaTrader 5 (MT5), which offer various features like automated trading, hedging support, and advanced back testing.

Which Trading Servers are offered by FXGT?

FXGT offers multiple trading servers for its users. For live trading accounts, users can select either the FXGT-Live server or the FXGT-Live2 server. For demo trading accounts, the FXGT-Demo server is available. These servers ensure smooth and uninterrupted trading, effectively minimising order execution latencies to near-zero. This guarantees connectivity and functions smoothly alongside other operating systems. It’s important to note that the choice of server can impact the trading experience, as different servers may offer varying speeds and performance.

Which are the Base Currencies supported by FXGT?

According to the web search results, FXGT is a forex broker that offers various account types and trading platforms for its clients. The base currencies supported by FXGT depend on the account type and the region of the client. To view the specific base currencies available per account type, please visit their [Trading Account Types] page. Please note that these tend to vary across different regions. Some of the base currencies supported by FXGT are:. FXGT also allows its clients to open demo or live trading accounts in any of the available supported base currencies. Additionally, FXGT supports instant local bank transfer for JPY deposits. I hope this answer is helpful and informative for you. ?.

Can I trade Crypto with FXGT? Which crypto currencies are supported by FXGT?

I’m happy to help you with your question. ?. According to the web search results, you can trade crypto with FXGT.com, which is one of the first hybrid Forex and cryptocurrency brokers. FXGT.com offers a variety of crypto CFDs, including Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Ripple (XRP), and many more. You can also trade synthetic cryptocurrency pairs, such as BTCUSD and ETHUSD, which are created by using algorithms to mimic the price movements of real cryptocurrencies. FXGT.com also accepts cryptocurrencies for both deposit bonuses and financial transactions. This means you can use your preferred crypto coin to fund your account or withdraw your profits. FXGT.com supports various crypto coins, such as Bitcoin and Ethereum, as well as VISA and MasterCard. FXGT.com has a low minimum deposit requirement of only $5 and a high leverage of up to 1:1000 on its ECN account. It also provides Tier1 liquidity aggregation and low latency trade execution, which enhances the overall trading experience. FXGT.com has a dedicated customer support team that is available 24/7 via live chat or email. If you have any other questions, please feel free to ask me. ?.

What is the Leverage on my FXGT Trading Account?

The leverage on your FXGT Trading Account depends on the type of account and the volume of your trades. The maximum leverage offered by FXGT is up to 1:1000. This high leverage can be an attractive feature for traders who want to maximize their potential returns with a smaller initial investment. However, it’s important to note that the actual leverage you get might vary based on the volume of your trades. Please remember that while higher leverage can increase potential returns, it also increases the risk. Always trade responsibly.

How can I change the Leverage on my FXGT Trading Account?

To change the leverage on your FXGT Trading Account, follow these steps. Log in to the Client Portal. Select the account for which you wish to change the leverage. Go to ‘Actions’. Select ‘Request Leverage change’. Please note that you can only reduce leverage on your account if you do not have any open positions. FXGT uses a dynamic leverage model that automatically adapts the amount of leverage required in real time, based on your trading positions. The application of this model differs depending on the volume tier, the type of instrument, and the risk profile associated with each asset class. This model is considered a risk management tool as it protects your account from excessive exposure.

What kind of Spreads are offered by FXGT?

FXGT offers a variety of spreads for different currency pairs in the forex market. The spreads for some of the major currency pairs are as follows:. EUR/USD: 2.2 pips. GBP/USD: 2.2 pips. AUD/USD: 3.3 pips. USD/JPY: 2.2 pips. USDCAD: 4.4 pips. EURGBP: 3.3 pips. In addition to these, FXGT also offers spreads for minor and exotic currency pairs. Some of them include:. EURCHF: 8.8 pips. EURJPY: 9.9 pips. GBPJPY: 15.4 pips. EURAUD: 17.6 pips. GBPAUD: 17.6 pips. It’s important to note that these spreads are subject to market conditions and can vary. FXGT does not charge deposit fees, inactivity fees or withdrawal fees. The maximum leverage ratio that can be used is 500:1.

Does FXGT offer MAM Accounts or PAMM Accounts?

FXGT, a popular forex trading platform, offers various types of trading accounts. However, based on the available information, it does not explicitly state whether it provides MAM (Multi-Account Manager) or PAMM (Percentage Allocation Management Module) accounts. MAM and PAMM are types of forex accounts that allow money managers to manage multiple client accounts simultaneously. In a MAM account, trades are allocated across sub-accounts based on a pre-set percentage, and each investor retains control over their sub-account. A PAMM account, on the other hand, pools funds from multiple investors into a single account managed by a professional trader. While FXGT does not explicitly offer these account types, it does provide a range of other account options, including Mini, Standard+, Pro, and ECN accounts. These accounts cater to different types of traders and offer various features such as zero spread, swap-free trading, commission-free trading, and bonus-boosted trading. It’s always recommended to contact the broker directly for the most accurate and up-to-date information regarding their account offerings. This ensures that traders can select the account type that best suits their trading needs and preferences.

Does FXGT allow Expert Advisors?

FXGT, a forex broker headquartered in Victoria, Seychelles, is regulated by the SFSA and offers a maximum leverage ratio of 1:500 with a minimum deposit amount of $5. The broker’s platform types include MT5 and MT4, which are compatible with Mac, Windows, Web, Mobile Android, iPhone, and iPad. However, there is no explicit mention of FXGT allowing the use of Expert Advisors (EAs) in the available information. EAs, also known as forex robots, automate trades based on certain trading criteria. They eliminate the need for traders to constantly monitor the market, executing trades on their behalf. While many brokers have integrated Expert Advisor into their trading platforms. , it’s crucial to verify with FXGT directly about their policy on EAs to ensure compatibility and smooth trading experience.

Does FXGT offer Copytrading?

FXGT, a well-known player in the forex trading industry, does indeed offer copy trading. This feature is a significant advantage for both novice and experienced traders. Copy trading, also known as social trading, mirror trading, or auto trading, has been growing in popularity for over a decade. It allows traders to use technology to copy the real-time forex trades (forex signals) of other live investors (forex trading signal providers) they want to follow. This way, every time they trade, you can automatically replicate (copy) their trades in your brokerage account. In the context of forex trading, copy trading can be a powerful tool. It allows less experienced traders to benefit from the strategies and insights of more seasoned traders. By copying the trades of successful traders, newcomers can learn effective trading strategies and potentially increase their chances of making profitable trades. It’s important to note that while copy trading can be a valuable tool, it also comes with risks. As with all forms of trading, there’s the potential for losses as well as gains. Therefore, it’s crucial for traders to do their research, understand the strategies they’re copying, and use risk management tools to protect their investments. In conclusion, FXGT’s offering of copy trading can be a significant advantage for traders looking to leverage the knowledge and strategies of experienced traders. However, as with all trading strategies, it’s essential to approach it with a clear understanding of the potential risks and rewards.