Traders Union has analyzed financial markets for over 14 years, evaluating brokers based on 250+ transparent criteria, including security, regulation, and trading conditions. Our expert team of over 50 professionals regularly updates a Watch List of 500+ brokers to provide users with data-driven insights. While our research is based on objective data, we recommend that users perform independent due diligence and consult official regulatory sources before making any financial decisions.
Learn more about our methodology and editorial policies.
FXBTG Pros & Cons
- 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 Verdict
FXBTG carries a higher degree of risk. My review and user feedback point to noticeable performance issues and limitations. It may be appropriate only for experienced traders who fully understand the risks and are prepared for potential instability.
Top-5 Brokers Traders Prefer
FXBTG User Reviews
-
5-star
0%
-
4-star
0%
-
3-star
67%
-
2-star
0%
-
1-star
33%
-
Commissions and Fees
Score:We evaluate brokers' fees and spreads by assessing the costs associated with Standard and ECN/Raw spread accounts, including commissions and spreads. Additionally, our evaluation considers extra fees such as deposit/withdrawal charges and inactivity fees. Learn the assessment criteria8 /10The trading and non-trading commissions of FXBTG have been analyzed and rated as having Low fees, with a fees score of 8/10. Additionally, these commissions were compared with those of the top two competitors, OANDA and FOREX.com, 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
-
Is FXBTG Safe?
Score:We evaluate brokers' safety based on several key criteria. The highest value is placed on regulation, especially Tier 1 regulation, which ensures adherence to stringent standards set by top financial authorities like the FCA in the UK, CFTC in the US, CySEc and BaFin (EU) or ASIC (Australia). High scores are also given for participation in investor protection funds, which safeguard clients' funds in case of broker insolvency. Learn the assessment criteria1.5 /10FXBTG 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
-
Account Types
Score:We evaluate a broker’s account offering by analyzing the range and suitability of available account types and how effectively they cater to different trader profiles and strategies. Our assessment covers the diversity of account options — including Standard, ECN/Raw, Cent, Swap-Free (Islamic), and VIP accounts — as well as the flexibility of trading conditions provided. Learn the assessment criteria.6 /10FXBTG offers the following account options: Demo, Standard, ECN/Raw spread, VIP.
However, it does not provide a Cent account, which can be a disadvantage for beginners looking to practice with minimal risk.
- Tight spread ECN account
- Standard account with balanced trading conditions
- Exclusive VIP account with enhanced trading conditions
- No Cent account
- Micro lots are not available
-
Deposit and Withdrawal
Score:This section assesses the efficiency, speed, and affordability of brokers’ transaction processes, focusing on available methods, currencies, and fees. For further details, please refer to our data-focused methodology4.5 /10FXBTG received a Low score for the efficiency and convenience of its deposit and withdrawal processes.
-
Markets and Tradable Assets
Score:The evaluation in this section is based on the TU methodology and reflects the total number and variety of tradable assets offered by the broker, including Forex currency pairs. It also considers the availability of passive income tools such as PAMM accounts, copy trading, and similar services. All information is obtained from publicly available sources and may change. Learn the assessment criteria6.3 /10FXBTG offers a wider selection of trading assets than the market average, with over 10000 tradable assets available, including 60 currency pairs.
-
Trading Account Opening
We successfully registered an account with FXBTG in 8 minutes. The KYC verification was completed within 1 business day. The minimum deposit amount at FXBTG is $100.Score:We evaluated Trading Account Opening at FXBTG by testing the registration process under real conditions, including opening an account and funding it with the minimum required deposit (but no less than $100). Our assessment considered whether onboarding was fully online, the average registration time, the speed of KYC verification, and how quickly traders could activate their accounts. Learn the assessment criteria.10 /10This is one of the most accessible and hassle-free onboarding procedures on the market.
-
Customer Support
Score:We evaluated Customer Support at FXBTG by opening a real account funded with the minimum required deposit (no less than $100) and contacting support to measure response time under real conditions. Our assessment considered contact channels, response speed, multilingual support, and availability hours. Learn the assessment criteria5 /10
Best FXBTG Alternatives
FAQs
What does the low safety score say about FXBTG’s regulation and client protection?
FXBTG has a safety score of 1.5/10 and is described as not regulated, with no Tier-1 regulation and no negative balance protection. The review notes that unregulated brokers may involve higher risks such as limited investor protection and no guarantee of withdrawals, and it advises carefully considering these factors before choosing to work with such a broker.
How are FXBTG’s spreads and non-trading fees structured according to the review?
FXBTG is rated with a fees score of 8/10, with low forex trading fees, tight EUR/USD spreads, and no inactivity or deposit fees, while withdrawals have no percentage fee but include a fixed $20 charge. For Standard accounts, EUR/USD spreads typically range from 0.2 to 0.8 pips and GBP/USD from 0.8 to 1.4 pips, while RAW/ECN accounts have average spreads of 0.2 pips on EUR/USD and 0.8 pips on GBP/USD plus a $6 commission per lot.
What account types and trading conditions does FXBTG offer based on the review?
FXBTG provides Demo, Mini, STD, VIP, and Pro accounts, with minimum deposits ranging from $100 on Mini to $20,000 on Pro and leverage up to 1:400 on most live accounts. Spreads start from 1.8 pips on Mini, 1.3 pips on STD, 1.1 pips on VIP, and 0.2 pips on Pro, and the review notes there are no trading fees on these accounts but no Cent or Swap Free options.
What do reviews say about FXBTG’s deposit and withdrawal methods and limits?
According to the section, FXBTG supports bank cards and bank wire transfers for deposits and withdrawals, with a minimum deposit and minimum withdrawal of $100. The review describes the payment options as limited, which may reduce flexibility and potentially increase costs for some users, and notes that only USD is available as a base account currency.
What markets and tradable assets are available with FXBTG according to the review comments?
The review states that FXBTG offers over 10,000 tradable assets, including 60 currency pairs, crypto, commodity futures, and stock indices, but not stocks or options. It also notes that there are no bonds, ETFs, copy trading, PAMM investing, or managed accounts, so the focus is on direct trading rather than passive investment products.
Articles that may help you
-
#For Beginners
Is FXBTG Regulated and Safe in 2026
June 2026 Mikhail Vnuchkov -
#For Beginners
FXBTG Available Countries – Full List (2026)
June 2026 Andrey Mastykin -
#For Beginners
FXBTG Withdrawal Fees, Time & Payment Methods (2026)
June 2026 Peter Emmanuel Chijioke -
#For Beginners
How To Use The Alligator Indicator To Catch Real Market Trends
June 2026 Oleg Tkachenko -
#For Beginners
Best NDD Forex Brokers In 2026
June 2026 Andreas Kristo -
#For Beginners
How Do Volume Indicators Work In Forex?
June 2026 Oleg Pylypenko -
#For Beginners
June 2026 Mikhail Vnuchkov
-
#For Beginners
AI in Forex Trading | How to Create a Trading Strategy
June 2026 Andrey Mastykin -
#For Beginners
Best Leverage For Forex Trading
June 2026 Aleksandra Chaikina