FXGT Review, Forex Broker & Trading Markets, Legit or a Scam

Score

3/5

Min Deposit

0 USD

Min Spread

0.0 pips

Regulation

CYSEC, FSA, FSCA, VFSC

Max Leverage

1:1000

Positive Ratings

80%

Neutral Ratings

10%

Negative Ratings

10%

Company Summary

Aspect	Information
Registered Country/Area	United Kingdom
Founded Year	2-5 years
Company Name	FXGT
Regulation	CYSEC, FSA, FSCA, VFSC
Minimum Deposit	5 USD
Maximum Leverage	1:1000
Spreads	Starting from 0.0 pips
Trading Platforms	MetaTrader 5 (MT5) and MetaTrader 4 (MT4)
Customer Support	Email at support@fxgt.com, Live chat, and Contact Form.
Payment Methods	Debit/Credit Cards, wire transfers, net banking, and online transfers.

FXGT Overview

FXGT is an award-winning online trading platform. It is known to offer a range of trading instruments for multiple account types. The platform caters to people with basic to advanced knowledge of trading. FXGT trading platform offers zero fees and additional charges making it easier for small traders.

This FXGT review will discuss the important features of the platform. This review will help traders choose wisely.

Trading Instruments

FXGT offers access to a variety of trading instruments. These help traders diversify their portfolios and get advantageous opportunities in the global market. Trading instruments that you get access to are:

Forex

The platform offers a variety of currency pairs around the globe. Traders can trade with different types of currency pairs. The platform has no commissions for multiple account types. All this varies from account to account.

Cryptocurrencies

FXGT offers access to the 24/7 crypto market globally. Traders get a chance to explore and broaden their trading experience. The platform has different spread and leverage points for different accounts. Catering to traders with different needs.

Commodities

At FXGT, traders can easily trade in commodities like metals and energy. These include trade in materials like silver, gold, oil, and gas all in one place.

Stocks

Traders can also invest in the price movements of the world’s most popular companies. This helps them develop a diversified portfolio.

If you are looking for other brokers with similar trading instruments, you can look for SmartSTP, TradeEU Global and Capitalix.

How to open an Account at FXGT?

Opening an FXGT account is a simple four-step process. You can easily and quickly open your trading account.

Step 1: Visit the FXGT website https://fxgt.com/ and click on the registration option.

Step 2: Fill the form with your details like name, email, and password.

Step 3: Verify the mail you receive to make your first deposits.

Step 4: Finally, start trading.

Account Types of FXGT

AT FXGT, you get access to four different types of accounts. The four types of accounts you get access to are:

Mini Accounts

This account type is perfect for traders with no or very basic knowledge of trading. The trades get access to multiple assets and are allowed to start trading small. This way they build confidence to enter the market with a bigger investment.

Leverage: up to 1:1000
Spreads: 10 points
Max No. of Positions: 150
Commission: 0 USD

Standard Accounts

These accounts are perfect for traders with different experience levels. The traders do get promotions and bonuses with Swap free account on requests.

Leverage: up to 1:1000
Spreads: 10 points
Max No. of Positions: 100
Commission: 0 USD

ECN Accounts

The traders who like to trade with raw spreads, then ECN accounts are perfect for you. They offer access to over 8 asset classes with educational resources for the traders.

Leverage: up to 1:1000
Spreads: 0 points
Max No. of Positions: 200
Commission: from 5 to 6 USD (depending on trading instruments)

Pro Accounts

The pro accounts are created for trades with the maximum experience and who trade full-time. The traders get access to top trading instruments along with negative balance protection.

Leverage: up to 1:1000
Spreads: 5 points
Max No. of Positions: 200
Commission: 0 USD

Deposits and Withdrawals

At FXGT, the minimum deposits start from $5. This can also vary for different payment methods. The processing time for a deposit at the [platform varies from instantly to 30 minutes.

The minimum withdrawal also differs for different account types. The platform offers a transparent structure for charges making it easier to trade.

There are no additional charges for both deposits and withdrawals at FXGT. Users can trade using debit cards, credit cards, online payments, and e-wallets.

Security and Regulations

FXGT is a regulated and secure trading platform. It has been regulated by four different authorities CYSEC, FSA, FSCA, and VFSC. These regulatory bodies ensure that the platform maintains the industry levels of data security.

The platform is encrypted by two verified bodies including SSL encryption and DSS compliant. This ensures the safety of the personal and financial information of the traders from third parties.

Customer Support

At FXGT, traders get multilingual customer support. The platform a 24/7 support via emails (support@fxgt.com), live chats, and contact forms on the website.

The platform also gives access to the resource center that offers answers to the most asked questions.

Is FXGT legit or a Scam?

FXGT has proven to be a legitimate broker platform. It is regulated by four different financial authorities including CYSEC, FSA, FSCA, and VFSC. It has been awarded as best broker five times. The platform ensures a secure and transparent trading atmosphere making trading a seamless experience.

The platform also offers reliable customer support.

These aspects of the broker platform eliminate the potential risks of investing.

Conclusion

FXGT is an online forex and CFD trading platform. It offers multiple trading instruments and account types. The platform ensures a safe trading environment and protects the user data from third parties.

The platform comes with several benefits that make it easier to trade.

However, a trading platform is a risky option, so traders must go through it before investing larger amounts.

Regulated by Multiple Authorities
Low Minimum Deposit
Wide Range of Trading Instruments
High Leverage Options

Variable Spreads
Fees on ECN Accounts

Frequently Asked Questions

What is FXGT?

FXGT is a smooth and seamless trading platform. The platform concludes with multiple trading instruments and tools.

Is FXGT regulated?

FXGT is a regulated platform from the top financial authorities. It is regulated by CYSEC, FSCA, VFSC, and FSA.

What are the available trading instruments on FXGT?

There are around 10 trading instruments on the platform. These include shares, indices, crypto, CFDs, and more.

What account types does FXGT offer?

FXGT offers 4 different types of accounts. These include Mini, Standard, Pro, and ECN accounts. Each account type varies in spreads, leverage, and other features.

How can I deposit funds into my FXGT account?

Deposits at FXGT accounts can be done via bank transfers, credit/debit cards, and e-wallets.

Are there any fees on FXGT withdrawals?

Yes, there are fees involved with different payment methods.

Is FXGT safe to use?

Yes, FXGT is a safe-to-use platform. It offers advanced encryptions and regulations on the platform.

What are the fees and commissions on FXGT?

The fees and commissions on FXGT vary for different account types. It also depends on the method of payment.

How responsive is FXGT’s customer support?

FXGT customer support is a 24/7, multilingual support. It is easy to connect via emails, contact forms, and live chats.

Is FXGT a legitimate platform?

FXGT is a regulated platform with multiple features. This makes the platform a legitimate trading choice.

Trusted Score

4.3/5

Score

4.3/5

Trusted Score

4.1/5

Score

4.1/5

Trusted Score

4.2/5

Score

4.2/5

Trusted Score

4/5

Score

4/5

Trusted Score

4.5/5

Score

4.5/5

Trusted Score

4.8/5

Score

4.8/5