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.
FXGiants Pros & Cons
- Accounts with floating or fixed spreads.
- Negative balance protection.
- 300+ trading instruments with leverage up to 1:1000.
- Online account opening within a few minutes.
- Minimum deposit from $50 by card and from $10 through other methods.
- Self-directed trading, copy trading, and managed accounts available.
- Several types of affiliate programs.
- Cryptocurrency trading is not available.
- No structured educational course for beginners.
- Only one trading platform is available, MetaTrader 4.
TU Expert Verdict
FXGiants 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
FXGiants User Reviews
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5-star
30%
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4-star
35%
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3-star
5%
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2-star
10%
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1-star
20%
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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 criteria9 /10The trading and non-trading commissions of FXGiants have been analyzed and rated as having Low fees, with a fees score of 9/10. Additionally, these commissions were compared with those of the top two competitors, ZForex 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
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Is FXGiants 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 criteria5.8 /10FXGiants has a safety score of 5.8/10, which corresponds to a Medium 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.
- Is regulated
- Negative balance protection
- Not tier-1 regulated
- Track record of less than 8 years
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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.5.2 /10FXGiants offers the following account options: Demo, Standard, ECN/Raw spread, Cent, VIP.
FXGiants covers the core account types, making it convenient for traders with different preferences and strategies.
- Standard account with balanced trading conditions
- Low minimum deposit
- Exclusive VIP account with enhanced trading conditions
- No Swap Free account
- Micro lots are not available
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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 methodology6.8 /10FXGiants received a Medium score for the efficiency and convenience of its deposit and withdrawal processes.
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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 criteria7.5 /10FXGiants offers a limited selection of trading assets compared to the market average. The platform supports 300 assets in total, including 70 Forex pairs.
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Trading Account Opening
We successfully registered an account with FXGiants in 5 minutes. The KYC verification was completed within 1 business day. The minimum deposit amount at FXGiants is $10.Score:We evaluated Trading Account Opening at FXGiants 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.
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Trading platforms & tools
Score:This section evaluates the quality and variety of trading platforms offered by the broker. It considers supported platforms, core features, device compatibility, and the availability of tools for automation, analysis, and different trading styles. Learn the assessment criteria7.2 /10FXGiants received a score of 7.2/10, reflecting an average offering in terms of trading platforms and tools. The broker covers essential functionality but may fall short in some advanced features or platform diversity compared to leading competitors.
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Mobile Apps
Score:This section assesses the quality and functionality of the broker’s mobile trading apps. It takes into account app ratings, number of downloads, platform features such as two-factor authentication (2FA), mobile alerts, and technical indicators, ensuring traders can manage positions and monitor markets effectively from their smartphones. Learn the assessment criteria7 /10 -
Customer Support
Score:We evaluated Customer Support at FXGiants 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 criteria2 /10
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FAQs
How secure is trading with FXGiants in terms of regulation and client protection?
FXGiants has a safety score of 5.8/10, which corresponds to a medium security level in the review. It is regulated by the British Virgin Islands Financial Services Commission (BVI FSC), offers negative balance protection and KYC verification, but is not Tier-1 regulated, has no specified investor compensation fund, and has a track record of less than 8 years.
What commissions and trading fees does FXGiants charge on its forex accounts?
According to the review, FXGiants has low overall fees, with a fees score of 9/10 and no inactivity, deposit, or withdrawal fees. On Standard accounts, EUR/USD spreads typically range from 1.0 to 1.3 pips, while ECN/RAW accounts have average EUR/USD and GBP/USD spreads of 0.2 pips plus a commission of $2.5 per lot.
What types of trading accounts are available at FXGiants and what are their key conditions?
FXGiants offers Demo, Standard, ECN/Raw spread, Cent, VIP, PMAM Client, and Mirror-Trading Client accounts, but does not provide Swap Free or Managed accounts. Trading conditions vary by account, for example leverage can go up to 1:1000 on some live accounts, spreads can start from 0.0 pips on certain fixed or ECN accounts with specified per-lot commissions, and the Demo account provides a virtual balance of $100,000.
What feedback and ratings do users give about the FXGiants mobile trading apps?
The mobile apps of FXGiants support trading on both iOS and Android and have strong user ratings, with scores of 5.0 on both the App Store and Google Play according to the review. The apps include indicators and trading alerts, but mobile two-factor authentication is not supported and total downloads are relatively low at around 10,000.
What do reviews and testing comments say about FXGiants customer support quality?
The review describes FXGiants customer support as having a low reliability level, with a safety score of 2/10 and reports of slow or insufficient responses during testing. Support is available 24/5 via website and account chat, email, and social media profiles, but there is no phone support or assistance through messengers such as Telegram or WhatsApp.
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