| Founded: | Account Currencies |
| 2018 | USD, EUR, JPY |
| Trading Instruments: | Trading Platforms: |
| Forex, Cryptocurrencies, Synthetic Cryptos, Precious Metals, Energies, Equity Indices, Stocks. | MT4, MT5, FXGT Trader, FXGT App |
| Funding Methods: | Regulation |
| E-Wallets, Cards, Cryptocurrencies, Bank Wire | FSA (Seychelles) FSCA (South Africa) VFSC (Vanuatu) |
| Max Leverage: | Min Deposit: |
| 1:5000 | $100 |
Pros and Cons
| Pros | Cons |
| Low minimum deposit | Offshore regulation |
| Supports MT4 and MT5 | Limited instruments compared to major brokers |
| High leverage available | Not available in some countries |
| Multiple account types | Limited educational resources |
| Crypto deposit options | Withdrawal processing may take time |
Trust and Safety
FXGT is an international online broker offering access to forex, cryptocurrency, stock, index, commodity, and other CFD markets. The broker operates through different entities and regulatory frameworks, so the protections and trading conditions available to clients can depend on their country of residence.
FXGT states that negative balance protection applies to all account types and clients, meaning losses are generally limited to the amount deposited. The broker notes that this protection does not apply when a deposit is made into a trading account that already has open positions.
FXGT also promotes security measures designed to protect client accounts and personal information. Clients must complete the required KYC verification before they can use their trading accounts.
The broker states that it also provides $1 million in liability insurance for all clients.
Tradable Instruments
FXGT provides access to a broad selection of markets. According to its current trading information, the broker offers 10 asset classes, including Forex, Crypto Pairs, Synthetic Crypto Pairs, Precious Metals, Energies, Indices, the GTi12 Index, Stocks, DeFi Tokens, and NFTs.
Forex
Forex is one of FXGT’s main markets. Traders can access major, minor, and exotic currency pairs, with spreads and leverage depending on the account type and applicable market conditions.
The broker offers both standard spread-based accounts and ECN-style accounts for traders who prefer tighter spreads with a separate commission.
Cryptocurrencies
Crypto trading is available across FXGT’s account types, although the available instruments and conditions can differ between accounts.
The broker offers both traditional crypto pairs and synthetic crypto products. Cryptocurrency markets operate differently from traditional financial markets and can experience significant price movements, making risk management particularly important.
Precious Metals
FXGT provides access to precious metals such as gold and other metal instruments.
These products can be traded as CFDs, allowing clients to speculate on price movements without taking ownership of the underlying physical asset.
Energies
Energy markets are also available through FXGT. These instruments allow traders to gain exposure to movements in major energy prices.
Indices
FXGT offers CFDs on various equity indices, allowing traders to speculate on the performance of major stock-market benchmarks.
The broker also provides access to its GTi12 Index, adding another index-based product to its range.
Stocks
Stock CFDs are available through selected FXGT accounts. These instruments allow traders to speculate on individual company share prices without purchasing the underlying shares.
DeFi and NFTs
FXGT also includes DeFi tokens and NFTs within its broader range of available asset classes. Availability can depend on the account type and jurisdiction.
Account Types
FXGT offers several account types designed around different trading strategies, experience levels, and capital requirements.
The current range includes MINI, STANDARD, CRYPTOX, OPTIMUS, PRO, and ECN ZERO accounts, although availability can vary by country.
MINI Account
The MINI account is designed with beginners and traders who prefer smaller contract sizes in mind.
The current account specifications list spreads from 1.5 pips, no trading commission, and leverage of up to 1:1000 based on equity for applicable regions.
STANDARD Account
The STANDARD account is intended as an all-purpose option for traders looking for access to multiple CFD markets.
Current specifications show spreads from 1.3 pips, zero trading commission, and leverage of up to 1:1000 based on equity for the applicable account structure.
CRYPTOX Account
CRYPTOX is designed specifically for traders interested in cryptocurrency markets.
It provides access to crypto-focused trading conditions and is intended for clients who want to concentrate more heavily on digital assets.
OPTIMUS Account
The OPTIMUS account is aimed at active and day traders.
FXGT currently lists spreads from 0.8 pips, zero trading commission, and leverage of up to 1:5000 based on equity for this account. The account provides access to forex pairs, indices, metals, energies, and stocks.
The high leverage available through this account can significantly increase both potential returns and potential losses, so traders should use appropriate risk controls.
PRO Account
The PRO account is positioned as a flexible option for traders using different strategies.
Current specifications list spreads from 0.5 pips, a $100 minimum balance, and leverage of up to 1:1000 based on equity. The account carries no separate trading commission.
ECN ZERO Account
The ECN ZERO account is designed for traders who prioritise tight spreads and short-term trading.
FXGT lists spreads starting from 0.0 pips. The account charges commissions of $3 per side on FX assets and up to $5 round turn for precious metals under the listed conditions.
Commissions and Fees
Trading Costs
FXGT uses different pricing structures depending on the account type.
MINI, STANDARD, CRYPTOX, and PRO accounts generally do not charge a separate trading commission, while the ECN account uses raw spreads with additional commissions.
Minimum Balance
The minimum balance depends on the selected account.
The current account information shows $0 minimum balance for several accounts, while PRO and ECN ZERO require a $100 minimum balance under the listed conditions.
Spreads
FXGT uses floating spreads rather than fixed spreads. The broker states that spreads can start from 0.0 pips, depending on the account and instrument.
Actual spreads can change according to market liquidity, volatility, and the specific financial instrument.
Commission
There is no separate commission on several FXGT account types.
The ECN ZERO account uses commission-based pricing. FXGT currently lists commissions of up to $6 round turn for forex pairs and up to $5 round turn for precious metals, while crypto assets can carry a 0.1% round-turn commission.
Overnight Costs
Positions held overnight can be subject to swap or administrative charges depending on the instrument and account type.
Traders should review the applicable instrument specifications before keeping leveraged positions open for an extended period.
Islamic Account Fees
FXGT provides swap-free Islamic accounts for eligible clients.
The broker states that certain positions can be held without swap or administration fees for a specified period. For example, its current Islamic-account information provides a seven-day allowance for several instruments before administration fees can apply.
Trading Platforms
FXGT Trader
FXGT offers its own browser-based trading platform, FXGT Trader.
The platform provides access to global markets through a web browser and is designed to combine trading functionality with market information and account management.
FXGT App
The FXGT mobile application provides traders with access to their accounts from compatible mobile devices.
The app includes real-time market information, charts, and trade execution tools.
MetaTrader 4
FXGT supports MetaTrader 4 for traders who prefer an established third-party platform.
MT4 provides charting tools, technical indicators, multiple order types, and Expert Advisor functionality for automated trading.
MetaTrader 5
MetaTrader 5 is also available through FXGT.
MT5 offers additional analytical features, flexible order types, and market-depth functionality compared with MT4.
Web and Mobile Access
Both MetaTrader platforms can be used through desktop, web, and mobile environments, giving traders several ways to access their accounts.
Unique Features
One of FXGT’s most noticeable features is the high leverage available on selected accounts and instruments.
The current OPTIMUS account lists leverage of up to 1:5000 based on equity, while several other accounts list leverage of up to 1:1000.
Leverage can increase market exposure considerably, so traders should understand margin requirements and potential losses before using high leverage.
Copy Trading
FXGT provides copy-trading functionality, allowing clients to follow and replicate selected trading strategies.
Copy trading can be useful for traders who want to learn from other strategies, but past performance does not guarantee future results.
Multiple Account Options
The range of account structures allows traders to choose conditions based on their preferred strategy.
For example, the MINI account is designed for smaller-scale trading, OPTIMUS targets active day traders, while ECN ZERO focuses on tight spreads and short-term trading.
Negative Balance Protection
FXGT states that negative balance protection applies across its account types and clients, subject to its stated conditions. This can help prevent clients from owing more than the amount deposited into their trading account.
Research and Education
FXGT provides educational and informational resources through its online resource centre.
The material covers areas related to trading, account management, market concepts, and the use of trading platforms.
Trading Guides
Educational content can help new traders understand subjects such as leverage, spreads, order types, margin, and risk management.
These resources can be particularly useful for clients who are unfamiliar with leveraged CFD trading.
Market Information
Traders can also access market information and trading-related resources through FXGT’s website and platforms.
However, educational material should be considered a learning resource rather than a substitute for independent financial research.
Customer Support
FXGT provides 24/7 multilingual customer support to its clients. Support is available through live chat and support tickets, with additional communication available through the broker’s social channels.
Around-the-clock support can be useful for an international broker whose clients trade across different time zones.
The support team can assist with account-related questions, platform issues, deposits, withdrawals, and general trading queries.
Account Opening
Opening an FXGT account begins through the broker’s online registration process.
Choose an Account
Clients can select from the available account types based on their preferred trading conditions and strategy.
FXGT also provides demo accounts for traders who want to test the platform before opening a live account.
KYC Verification
Before an account can be used for trading, clients must complete the required KYC verification.
This process involves providing personal information and supporting documents to confirm identity and meet applicable regulatory requirements.
Account Activation
Once verification has been completed, clients can fund their trading account and access the available platforms.
FXGT states that verified clients can open up to six live trading accounts and six demo accounts, subject to the applicable conditions.
Deposits and Withdrawals
FXGT provides an eWallet system through its Client Portal for deposits, withdrawals, and internal transfers.
The eWallet system supports different currencies, although the currency of the eWallet and trading account needs to match when transferring funds between them.
Deposits
Clients can fund their accounts using the payment methods available in their region and Client Portal.
The minimum transfer-in amount across FXGT accounts is currently listed as $5, although account-specific minimum balances may still apply before trading is enabled.
Withdrawals
Withdrawals can be requested through the Client Portal.
Processing times and available methods can vary depending on the client’s location, payment method, account status, and applicable compliance procedures.
Clients should ensure that their account has completed the required verification before requesting a withdrawal.
Final Thoughts
FXGT offers a broad multi-asset trading environment covering forex, cryptocurrencies, precious metals, energies, indices, stocks, and additional digital-asset products. The broker currently lists 10 asset classes, giving traders access to a diverse selection of markets from a single platform.
One of FXGT’s main strengths is its variety of account types. Traders can choose between MINI, STANDARD, CRYPTOX, OPTIMUS, PRO, and ECN ZERO accounts, with conditions designed around different trading styles and levels of experience.
The ECN ZERO account may appeal to short-term traders who prioritise very tight spreads, while the OPTIMUS account is aimed at active day traders. Beginners may find the MINI account more suitable because of its smaller contract size.
FXGT also supports MetaTrader 4 and MetaTrader 5, alongside its proprietary FXGT Trader platform and mobile application. This gives clients flexibility when choosing how they access the markets.
Another notable feature is the availability of high leverage on selected accounts. While leverage can provide greater market exposure with less initial margin, it can also magnify losses, making risk management particularly important.
The broker also provides negative balance protection, 24/7 multilingual support, demo accounts, copy trading, and swap-free account options for eligible clients.
However, traders should remember that FXGT’s available products, leverage, account types, fees, and regulatory protections can vary depending on their country and the entity providing the service.
Overall, FXGT review offers a flexible trading environment with a wide range of instruments, multiple account structures, several trading platforms, and competitive pricing options. Before opening an account, prospective clients should confirm the entity serving them, review the current trading conditions, understand the applicable fees, and consider whether leveraged CFD trading is appropriate for their risk tolerance.
