According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
- $100
- MetaTrader4
Our Evaluation of FXBTG
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
FXBTG is a moderate-risk broker with the TU Overall Score of 5.09 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by FXBTG clients on our website, Traders Union expert Anton Kharitonov recommends users to thoroughly analyze pros and cons before opening an account with this broker as not all clients are satisfied with the company, according to reviews.
FXBTG offers various assets with tight spreads and no trading fees. It doesn’t limit traders in strategies and methods and provides acceptable leverage. Another advantage is the availability of MT4, a popular platform favored by many experts. Unfortunately, FXBTG doesn't offer passive income options and operates without regulatory oversight.
Brief Look at FXBTG
FXBTG is a Forex and CFD broker, offering currency pairs and CFDs on indices, commodities, metals, oil, and cryptocurrencies. Traders can practice on a demo account and trade micro lots. The minimum deposit is $100. Spreads start from 0.2 pips and there are no trading fees. The maximum leverage is 1:400. The broker offers the MetaTrader 4 trading platform and its proprietary app to access the website and user account. While FXBTG doesn't offer additional income options, it provides free educational resources and frequently holds profitable promotions. Technical support is available 24/5.
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- A free demo account and micro lots are available;
- Low minimum deposit requirements;
- Four live account types with flexible conditions are offered;
- Leverage ranges from 1:1 to 1:400 and there are no restrictions on trading methods and strategies;
- Available deposit and withdrawal methods are bank transfers, online payment systems, and crypto-wallets;
- MT4 trading platform is user-friendly, intuitive, and customizable with plugins;
- The broker’s website features the latest news, analytics, and free education for novice traders;
- Technical support is available 24/5 via several communication channels.
- The broker doesn’t offer any additional income options;
- It is officially registered but lacks regulation;
- Regional restrictions apply to Japan, Belgium, and some other countries.
TU Expert Advice
Author, Financial Expert at Traders Union
FXBTG is a Forex and CFD broker offering a range of trading instruments, including currency pairs, indices, commodities, metals, oil, and cryptocurrencies. Traders can access Mini, STD, VIP, and Pro accounts, with leverage up to 1:400. The broker supports trading on the MT4 platform and provides no restrictions on trading strategies, tight spreads starting from 0.2 pips, and low initial deposit requirements. Additionally, FXBTG offers free educational resources and frequent promotions, with technical support available 24/5.
However, FXBTG has notable drawbacks, such as a lack of Tier-1 regulatory oversight, which may concern some traders. The company does not offer passive income options, and technical support is not available on weekends. Given these factors, FXBTG may be better suited for experienced traders comfortable with higher risk and seeking flexible trading conditions, rather than those prioritizing regulatory compliance and comprehensive client support.
FXBTG Trading Conditions
Your capital is at risk. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A high percentage of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
| 💻 Trading platform: | MetaTrader 4 |
|---|---|
| 📊 Accounts: | Demo, Mini, STD, VIP, and Pro |
| 💰 Account currency: | USD, BTC, and ETH |
| 💵 Deposit / Withdrawal: | Bank transfers, online payment systems, and crypto wallets |
| 🚀 Minimum deposit: | $100 |
| ⚖️ Leverage: | Flexible up to 1:400 |
| 💼 PAMM-accounts: | No |
| 📈️ Min Order: | 0.01 |
| 💱 EUR/USD spread: | 0,2 pips |
| 🔧 Instruments: | Currency pairs and CFDs on indices, oil, commodities, metals, and cryptocurrencies |
| 💹 Margin Call / Stop Out: | No |
| 🏛 Liquidity provider: | No |
| 📱 Mobile trading: | Yes |
| ➕ Affiliate program: | No |
| 📋 Order execution: | Market |
| ⭐ Trading features: |
Free demo and four live account types; Low initial threshold; Many assets are available; Moderate leverage; Flexible trading conditions; One trading platform; No passive income options; News and analytics are provided; High-quality educational program. |
| 🎁 Contests and bonuses: | Yes |
If brokers offer several live account types, these differ in minimum deposits. FXBTG requires $100 for the Mini account, $2,000 for STD, $5,000 for VIP, and $20,000 for the Pro account. Deposits can be made in USD and supported cryptocurrencies. Leverage depends on the account type. It is 1:200 for the Mini account, while STD, VIP, and Pro offer a maximum of 1:400. Traded assets also influence leverage. 24/5 technical support available via several communication channels is highly appreciated by users.
FXBTG Key Parameters Evaluation
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Trading Account Opening
To start working with FXBTG, register on its official website, pass verification, choose the account type, and make a deposit. To eliminate any questions on the procedure, TU experts compiled a step-by-step guide and described the main features of its user account.
Go to the broker’s official website and choose the interface language. Click the “Signup” or “Login” buttons.
Create a username and password. Provide your email, phone number, and country of residence. Click the “Send verification code” button. Enter a code sent to you by email in a corresponding field and click the “Next” button.
Provide your first and last names and your date of birth. Choose the document that confirms your identity, enter its number, and upload its scan or image. Click the “Next” button.
Choose a version of the trading platform, leverage, and account type. Click the “Submit” button.
Log into your user account with your username and password. Choose the deposit method and fund your account through a corresponding option.
Download an appropriate version of the trading platform. Install the platform to your device, launch it, and enter your registration data. Now, start trading.
Features of FXBTG’s user account that allow traders to:
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Open and close live or demo accounts, and view aggregated data on their active accounts;
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View open and closed trades, and generate reports on them;
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Make deposits, withdrawals, and internal transfers;
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View available promotions to activate bonus programs;
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Set security parameters and edit personal data;
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Contact technical support.
Regulation and safety
FXBTG has a safety score of 1.5/10, which corresponds to a Low security level. The safest brokers are those with Tier-1 regulation, a long history (over 10 years in the market), and participation in investor compensation schemes.
- Flexible trading conditions with high leverage and less bureaucracy
- Not tier-1 regulated
- Not regulated
- No negative balance protection
- Track record of less than 8 years
FXBTG Security Factors
| Foundation date | - |
| Negative balance protection | No |
| Verification (KYC) | No |
FXBTG is Not a Regulated Broker
Commissions and fees
The trading and non-trading commissions of broker FXBTG have been analyzed and rated as Low with a fees score of 8/10. Additionally, these commissions were compared with those of the top two competitors, Pepperstone and OANDA, to provide the most comprehensive information.
- Low Forex trading fees
- Tight EUR/USD market spread
- No inactivity fee
- No deposit fee
- No withdrawal fee
- Complex fee structure
Trading Fees and Spread
Below, we evaluated and compared the trading commissions of FXBTG with those of two competitors. We focused on the spreads and other transaction fees directly associated with executing trades (e.g commission per lot on an ECN account). This comparison aimed to provide a clear understanding of the cost efficiency of each broker.
Standard Account Spread
For Standard accounts, FXBTG’s commissions are part of the floating spread, which varies with market conditions. Typical values are provided, but during high volatility, the spread may exceed these.
FXBTG Standard spreads
| FXBTG | Pepperstone | OANDA | |
| EUR/USD min, pips | 0,2 | 0,5 | 0,1 |
| EUR/USD max, pips | 0,8 | 1,5 | 0,5 |
| GPB/USD min, pips | 0,8 | 0,4 | 0,1 |
| GPB/USD max, pips | 1,4 | 1,4 | 0,5 |
RAW/ECN Account Commission And Spread
The spread on ECN/RAW accounts is market-based and fluctuates, with average values given during active hours. It may vary during volatility spikes. A commission per lot is also charged.
FXBTG RAW/ECN spreads
| FXBTG | Pepperstone | OANDA | |
| Commission ($ per lot) | 6,0 | 3 | 3,5 |
| EUR/USD avg spread | 0,2 | 0,1 | 0,15 |
| GBP/USD avg spread | 0,8 | 0,15 | 0,2 |
Non-Trading Fees
We conducted a detailed analysis of the non-trading fees associated with FXBTG. This review offers a comprehensive overview of the additional costs that may impact traders beyond regular trading activities.
FXBTG Non-Trading Fees
| FXBTG | Pepperstone | OANDA | |
| Deposit fee, % | 0 | 0 | 0 |
| Withdrawal fee, % | 0 | 0 | 0 |
| Withdrawal fee, USD | 20 | 0 | 0-15 |
| Inactivity fee ($, per month) | 0 | 0 | 0 |
Account types
If brokers offer several live account types, choosing the best one can be difficult. FXBTG offers four live account types that differ in minimum deposit, spreads, leverage, and available assets. Therefore, traders make their choice based on their strategic preferences.
Account types:
New clients are recommended to start trading on a demo account to explore the platform and test strategies without financial risks. Live account types allow traders to work with micro lots for real market experience with reduced risk.
Deposit and withdrawal
FXBTG received a Low score for the efficiency and convenience of its deposit and withdrawal processes.
FXBTG offers limited payment options and accessibility, which may impact its competitiveness.
- Bank card deposits and withdrawals
- No withdrawal fee
- Low minimum withdrawal requirement
- No deposit fee
- BTC payments not accepted
- PayPal not supported
- Limited deposit and withdrawal flexibility, leading to higher costs
What are FXBTG deposit and withdrawal options?
FXBTG offers a limited selection of deposit and withdrawal methods, including Bank Card, Bank Wire. This limitation may restrict flexibility for users, making FXBTG less competitive for those seeking diverse payment options.
FXBTG Deposit and Withdrawal Methods vs Competitors
| FXBTG | Plus500 | Pepperstone | |
| Bank Wire | Yes | Yes | Yes |
| Bank card | Yes | Yes | Yes |
| PayPal | No | Yes | Yes |
| Wise | No | No | No |
| BTC | No | No | No |
What are FXBTG base account currencies?
A wide range of base account currencies minimizes the need for currency conversion, potentially reducing transaction costs for clients worldwide. FXBTG supports the following base account currencies:
What are FXBTG's minimum deposit and withdrawal amounts?
The minimum deposit on FXBTG is $100, while the minimum withdrawal amount is $100. These minimums may vary depending on the chosen account type and payment method. For specific details, please contact FXBTG’s support team.
Markets and tradable assets
FXBTG offers a wider selection of trading assets than the market average, with over 10000 tradable assets available, including 60 currency pairs.
- 10000 assets for trading
- Crypto trading
- 60 supported currency pairs
- No ETFs
- Copy trading not available
FXBTG Supported markets vs top competitors
We have compared the range of assets and markets supported by FXBTG with its competitors, making it easier for you to find the perfect fit.
| FXBTG | Plus500 | Pepperstone | |
| Currency pairs | 60 | 60 | 90 |
| Total tradable assets | 10000 | 2800 | 1200 |
| Stocks | No | Yes | Yes |
| Commodity futures | Yes | Yes | Yes |
| Crypto | Yes | Yes | Yes |
| Stock indices | Yes | Yes | Yes |
| Options | No | Yes | No |
Investment options
We also explored the trading assets and products FXBTG offers for beginner traders and investors who prefer not to engage in active trading.
| FXBTG | Plus500 | Pepperstone | |
| Bonds | No | No | No |
| ETFs | No | Yes | Yes |
| Copy trading | No | No | Yes |
| PAMM investing | No | No | Yes |
| Managed accounts | No | No | No |
Customer support
When working with a broker, traders may have various questions or face atypical trading situations. To get assistance, FXBTG clients have the opportunity to contact 24/5 technical support via a call center, email, and live chat.
Advantages
- Several communication channels
- Managers are available 24-hour
Disadvantages
- Technical support isn’t available on weekends
Whether you are the broker’s client or an unregistered user, contact technical support via the following channels:
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Call center;
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Email;
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Live chat on the website and in the user account.
The broker has its official profiles on Facebook, Instagram, X (Twitter), LinkedIn, and YouTube, where it is also possible to contact support managers. However, responses may take a long time there.
Contacts
| Registration address | Level 26, Hsbc Tower,188 Quay Street, Auckland, 1052, New Zealand |
|---|---|
| Official site | https://www.asia-fxbtg.com/ |
| Contacts |
+6019 895 6086, +0064 9 889 5809
|
Education
Often traders with minimum trading experience come to brokers and many companies offer educational materials for them on their websites. These resources may include articles, glossary, and FAQs. FXBTG offers two comprehensive training courses — basic and advanced. Active broker’s clients who deposit a minimum of $100, can participate in these courses free of charge.
While the basic course is designed for novice traders, the advanced program can benefit both intermediate and experienced traders, although seasoned professionals might require more in-depth resources. Unfortunately, the provided information may be insufficient for professionals.
Comparison of FXBTG with other Brokers
| FXBTG | Bybit | Eightcap | XM Group | LiteFinance | AMarkets | |
| Trading platform |
MetaTrader4 | MetaTrader5 | MT4, MT5, TradingView | MT4, MT5, MobileTrading, XM App | MT4, MT5, MultiTerminal, Sirix Webtrader | MT4, MT5, AMarkets App |
| Min deposit | $100 | No | $100 | $5 | $10 | $100 |
| Leverage |
From 1:1 to 1:400 |
From 1:1 to 1:500 |
From 1:30 to 1:500 |
From 1:1 to 1:30 |
From 1:1 to 1:1000 |
From 1:1 to 1:3000 |
| Trust management | No | No | No | No | Yes | No |
| Accrual of % on the balance | No | No | No | No | 7.00% | No |
| Spread | From 0.2 points | From 0 points | From 0 points | From 0.8 points | From 0.5 points | From 0 points |
| Level of margin call / stop out |
No | No / 50% | 80% / 50% | 100% / 50% | 50% / 20% | 50% / 20% |
| Order Execution | Market Execution | Market Execution | Market Execution | Market Execution | Market Execution, Instant Execution | Market Execution, Instant Execution |
| No deposit bonus | No | No | No | No | No | No |
| Cent accounts | No | No | No | No | Yes | No |
Detailed Review of FXBTG
FXBTG has been in the market for a long time, implementing the best world technologies and proprietary developments to provide the best trading conditions. The broker’s website is built on a microservices architecture, which makes it easy to scale and resistant to failures. Dedicated virtual servers allow its clients to trade 24/5 with high order execution speed. The broker holds trader funds in segregated accounts and uses SSL protocols, authentication tokens, and cryptographic algorithms to protect trader capital and data.
FXBTG by the numbers:
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Minimum deposit is $100;
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Maximum leverage is 1:400;
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10,000+ trading instruments;
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Minimum spreads are 0.2 pips;
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Trading fees are $0.
FXBTG is a Forex and CFD broker that provides flexible trading conditions
FXBTG offers a diverse selection of trading assets, including currency pairs and CFDs on indices, commodities, oil, metals, and cryptocurrencies. Available leverage ranges from 1:1 to a maximum of 1:400 depending on the account type. While higher leverage can amplify profits, it also magnifies potential losses. Choose leverage carefully based on your risk tolerance and experience. FXBTG empowers traders to define their trading experience. With a wide range of assets, flexible leverage options, and the customizable MetaTrader 4 platform, users can employ various strategies and methods that suit their trading goals.
Useful services offered by FXBTG:
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News and Analytics. The broker’s website features a dedicated section with several categorized newsfeeds. Expert opinions with forecasts are available for every news item.
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Educational programs. The broker’s clients who deposit a minimum of $100 can participate in available basic or advanced educational courses.
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FXBTG APP. This solution allows traders to manage their user accounts from a mobile device. Deposits, withdrawals, and other functions are available in the app, while trading is not supported.
Advantages:
The broker offers a demo and several live account types with transparent conditions and low initial deposit requirements.
Traders are not limited in the use of strategies and they can trade with any leverage within the available range.
A user-friendly trading platform allows for customization and integration with the broker.
FXBTG provides various profitable bonuses and free education for novice traders.
Several deposit and withdrawal methods are available. The first two withdrawals each month are free.
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