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
- $5
- MetaTrader4
- MetaTrader5
- FSA
- FSCA
- CySEC (only for institutional traders)
- VFSC
- 2021
Our Evaluation of FXGT.com
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
FXGT.com is a moderate-risk broker with the TU Overall Score of 6.62 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by FXGT.com 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.
FXGT.com is a regulated Forex broker with bonus and partnership programs, loyal deposit requirements, and a wide range of trading assets.
Brief Look at FXGT.com
FXGT.com is a versatile Forex broker, offering trading across various asset classes including Forex, stocks, metals, indices, and cryptocurrencies. Moreover, the broker developed synthetic crypto pairs that combine cryptocurrencies with traditional markets.
Account types include Mini Account for beginners, Standard+ Account balancing spreads and instruments, Pro Account tailored to professionals with lower spreads and customization, and ECN Account with direct market access and spreads from 0 pips. The broker offers leverage up to 1:5000, and the ability to open accounts in multiple currencies, including major crypto assets.
Additionally, FXGT.com provides traders with access to powerful trading tools compiled in a suite called Advanced MT5 Toolkit, which includes indicators for advanced analysis, execution tools, and utility add-ons.
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- The broker is licensed by three financial regulatory authorities;
- The first deposit is from $5-$50, subject to the payment method;
- Variable spreads for all accounts;
- Partnership program with a $4-$12 reward for each lot closed by a referee;
- Account types include cent and standard accounts, as well as Pro and ECN accounts for professional traders;
- Regular and occasional offers and bonus programs, including a no-deposit bonus and a loyalty program;
- Possibility to open accounts, make deposits, and withdraw funds in cryptocurrencies.
- Average fees are higher than those of other Forex brokers;
- VPS server is only available if the turnover and equity requirements are met;
- The broker is not a participant in compensation schemes such as FSCS (Financial Services Compensation Scheme) or ICF (Investor Compensation Fund).
TU Expert Advice
Financial expert and analyst at Traders Union
FXGT.com offers a wide variety of trading assets, accounts, and payment methods. Most of the supported systems allow traders to instantly fund their accounts and start trading within a couple of minutes after making deposits. The speed of crediting cryptocurrencies depends on the workload of the blockchain network, and bank transfers can take up to 5 business days.
To provide for 24/7 trading without interruptions and delays, and FXGT.com offers free access to a dedicated VPS server. This service can be used by traders with an account balance of $3,000 or more and a monthly trading volume of 5 lots or more. The company does not offer paid VPS, therefore, if the requirements are not met, access to the service is automatically blocked.
FXGT.com provides access to advanced tools for MetaTrader 5, which allows you to improve the efficiency of trading on both live and demo accounts. The company allows hedging, but only if it is within the same trading account. Also, the broker does not prohibit trading news and scalping at high speeds. In general, traders can use any strategy, including passive income trading.
- You intend to start with a small deposit. With FXGT.com, a mere $5 is enought for any user account. Moreover, the minimum trade size is 0.01 lots.
- You value the convenience of managing multiple accounts. The broker offers its proprietary service, the Trading Portal, which is also available as a mobile application. It lacks trading functions but is designed for opening and closing accounts, depositing and withdrawing funds, generating reports, and tracking trading statistics.
- You require a platform with minimal trading fees. While most FXGT.com accounts have no fee, the minimum spreads are relatively high. On Mini and Standard+ accounts, spreads start from 10 pips, and on Pro accounts, they start from 5 pips. Only on ECN accounts the minimum spread is 0 pips, but these accounts incur a market-standard fee of $6 per lot for currency pairs and $5 per lot for other assets.
FXGT.com 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 5; MetaTrader 4 |
|---|---|
| 📊 Accounts: | Demo, Mini, Standard+, Pro, and ECN |
| 💰 Account currency: | USD, EUR, BTC, ETH, USDT, ADA, and XRP |
| 💵 Deposit / Withdrawal: | Bank cards (Visa, MasterCard, and JCB), BitWallet, SticPay, cryptocurrencies, instant local bank transfer, bank wire, and Binance Pay |
| 🚀 Minimum deposit: | $5 |
| ⚖️ Leverage: | Up to 1:5000 |
| 💼 PAMM-accounts: | No |
| 📈️ Min Order: | 0.01 |
| 💱 EUR/USD spread: | 0,2 pips |
| 🔧 Instruments: | Forex, metals, indices, cryptocurrency pairs, synthetic cryptocurrency pairs, energies, the GTi12 Index, stocks, DeFi tokens, and NFTs |
| 💹 Margin Call / Stop Out: | 50%/20% |
| 🏛 Liquidity provider: | Tier 1 banks |
| 📱 Mobile trading: | Yes |
| ➕ Affiliate program: | Yes |
| 📋 Order execution: | Market execution |
| ⭐ Trading features: |
Floating spreads; Expert Advisors |
| 🎁 Contests and bonuses: | Unlimited 25% Loyalty bonus |
Accounts can be opened in USD, EUR, and cryptocurrencies. The broker does not set requirements on the deposit amount, however, depending on the chosen payment method, the minimum amount can be $5-$50. Leverage is dynamic, the maximum is 1:5000 (not provided for all countries and assets). There are 6 types of pending orders with market execution.
FXGT.com Key Parameters Evaluation
Video Review of FXGT.com
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Dung 
US simple cryptocurrency trading
no
Billy
RU a good level of security
don't know
John
US good support service
nothing
bliznik
US quick replenishment
no
İhsan cunedioğlu 
Verified
EG Cairo I didn't see a good side of it.
I had an account where I made money through Forex. There was no problem withdrawing money 3 or 4 times, but when I wanted to withdraw my $4K inside, it said that your withdrawal was not approved because your account made transactions that did not comply with our company policies. I asked him, "Can you please provide me with evidence of what you did?" Afterwards, they said that the relevant department would inform me and I started to wait. Afterwards, they zeroed all the money in my account. They also made my membership inactive. I send an e-mail, they do not answer, I ask for evidence, they cannot provide evidence.
black
US Trading Account Opening
For every trader interested in working with FXGT.com, the user account is a necessary tool. To create it, follow the instructions below:
Click the “Register Now” button on the main page of the FXGT.com official website.
Choose a form for an individual client and fill it with your personal data, such as your name, email, country of residence, and phone number. Create a password to protect your user account and agree to the Terms of Service. Next, follow the link provided in the email to confirm it. After that, you can enter your user account using your email and previously generated password.
The user account allows traders registered with the broker to:
Features of FXGT.com’s user account:
Creating statistics on the total balances of e-wallets and a trading account;
Trading reports for different periods: the last 24 hours, the previous 7, 30, or 90 days, or for the entire life of the account;
Total trading volume for the current and previous months, and since registration of the user account;
The total number of trades for today, indicating the number of buy/sell trades;
History of payment transactions and operations on accounts, as well as submitting withdrawal requests;
Communication with technical support in live chat and through the ticket system.
Regulation and safety
FXGT.com has a safety score of 8.7/10, which corresponds to a High 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.
- Tier-1 regulated
- Negative balance protection
- Track record of less than 8 years
FXGT.com Regulators and Investor Protection
| Abbreviation | Full Name | Country of regulation | Investor Protection Fund | Regulation Level |
|---|---|---|---|---|
 VFSC |
Vanuatu Financial Services Commission | Vanuatu | No specific fund | Tier-3 |
 CySec |
Cyprus Securities and Exchange Commission | Cyprus | Up to €20,000 | Tier-1 |
 FSCA SA |
Financial Sector Conduct Authority of South Africa | South Africa | No specific fund | Tier-2 |
 FSA (Seychelles) |
Financial Services Authority of Seychelles | Seychelles | No specific fund | Tier-3 |
FXGT.com Security Factors
| Foundation date | 2021 |
| Negative balance protection | Yes |
| Verification (KYC) | Yes |
Commissions and fees
The trading and non-trading commissions of broker FXGT.com 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 FXGT.com 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, FXGT.com’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.
FXGT.com Standard spreads
| FXGT.com | Pepperstone | OANDA | |
| EUR/USD min, pips | 0,7 | 0,5 | 0,1 |
| EUR/USD max, pips | 1,0 | 1,5 | 0,5 |
| GPB/USD min, pips | 0,7 | 0,4 | 0,1 |
| GPB/USD max, pips | 0 | 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.
FXGT.com RAW/ECN spreads
| FXGT.com | Pepperstone | OANDA | |
| Commission ($ per lot) | 3 | 3 | 3,5 |
| EUR/USD avg spread | 0,2 | 0,1 | 0,15 |
| GBP/USD avg spread | 0,2 | 0,15 | 0,2 |
Non-Trading Fees
We conducted a detailed analysis of the non-trading fees associated with FXGT.com. This review offers a comprehensive overview of the additional costs that may impact traders beyond regular trading activities.
FXGT.com Non-Trading Fees
| FXGT.com | Pepperstone | OANDA | |
| Deposit fee, % | 0 | 0 | 0 |
| Withdrawal fee, % | 0 | 0 | 0 |
| Withdrawal fee, USD | 0 | 0 | 0-15 |
| Inactivity fee ($, per month) | 0 | 0 | 0 |
Account types
FXGT.com offers standard, and ECN accounts. Each client can open up to 8 live accounts in different currencies. Trading currency pairs, indices, metals, energies, stocks, and cryptocurrencies are available on all account types. Also, trades with synthetic cryptocurrencies are available on all accounts, excluding cent. Trading DeFi tokens and NFTs is possible on ECN accounts.
Account types:
Also, traders can open 2 demo accounts in available currencies. Thus, the total number of demo accounts can be 14. FXGT.com offers training and live accounts for Forex, cryptocurrency, and CFD trading. The broker does not focus on a certain class of traders, thus novice traders and professionals receive equally favorable trading conditions.
Deposit and withdrawal
FXGT.com received a Medium score for the efficiency and convenience of its deposit and withdrawal processes.
FXGT.com provides a reasonable range of deposit and withdrawal options with moderate fees, in line with industry standards.
- No deposit fee
- BTC available as a base account currency
- USDT (Tether) supported
- Minimum deposit below industry average
- PayPal not supported
- Only major base currencies available
- Limited deposit and withdrawal flexibility, leading to higher costs
What are FXGT.com deposit and withdrawal options?
FXGT.com provides a basic range of deposit and withdrawal options, covering essential methods in line with industry standards. This set of options is sufficient for most traders, with available methods Bank Card, Bank Wire, Skrill, Neteller, BTC, USDT.
FXGT.com Deposit and Withdrawal Methods vs Competitors
| FXGT.com | Plus500 | Pepperstone | |
| Bank Wire | Yes | Yes | Yes |
| Bank card | Yes | Yes | Yes |
| PayPal | No | Yes | Yes |
| Wise | No | No | No |
| BTC | Yes | No | No |
What are FXGT.com base account currencies?
A wide range of base account currencies minimizes the need for currency conversion, potentially reducing transaction costs for clients worldwide. FXGT.com supports the following base account currencies:
What are FXGT.com's minimum deposit and withdrawal amounts?
The minimum deposit on FXGT.com is $5, while the minimum withdrawal amount is $5. These minimums may vary depending on the chosen account type and payment method. For specific details, please contact FXGT.com’s support team.
Markets and tradable assets
FXGT.com offers a limited selection of trading assets compared to the market average. The platform supports 185 assets in total, including 40 Forex pairs.
- Crypto trading
- Indices trading
- 40 supported currency pairs
- No ETFs
- Limited asset selection
Supported markets vs top competitors
We have compared the range of assets and markets supported by FXGT.com with its competitors, making it easier for you to find the perfect fit.
| FXGT.com | Plus500 | Pepperstone | |
| Currency pairs | 40 | 60 | 90 |
| Total tradable assets | 185 | 2800 | 1200 |
| Stocks | Yes | 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 FXGT.com offers for beginner traders and investors who prefer not to engage in active trading.
| FXGT.com | 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 |
Trading platforms & tools
FXGT.com received a score of 6.25/10, 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.
- One-click trading
- Trading bots (EAs) allowed
- MetaTrader is available
- Free VPS for uninterrupted trading
- Strategy (EA) Builder is not available
- No access to cTrader and its advanced tools.
- No TradingView integration
Supported trading platforms
FXGT.com supports the following trading platforms: MT4. This selection covers the basic needs of most retail traders. We also compared FXGT.com’s platform availability with that of top competitors to assess its relative market position.
| FXGT.com | Plus500 | Pepperstone | |
| MT4 | Yes | No | Yes |
| MT5 | No | No | Yes |
| cTrader | No | No | Yes |
| TradingView | No | Yes | Yes |
| Proprietary platform | No | Yes | Yes |
| NinjaTrader | No | No | No |
| WebTrader | No | Yes | Yes |
Key FXGT.com’s trading platform features
We also evaluated whether FXGT.com offers essential trading features that enhance user experience, accommodate various trading styles, and improve overall functionality.
Supported features
| 2FA | Yes |
| Alerts | Yes |
| Trading bots (EAs) | Yes |
| One-click trading | Yes |
| Scalping | No |
| Supported indicators | 68 |
| Tradable assets | 185 |
Additional trading tools
FXGT.com offers several additional features designed to enhance the trading experience. These tools provide greater automation, deliver advanced market insights, and help improve trade execution.
FXGT.com trading tools vs competitors
| FXGT.com | Plus500 | Pepperstone | |
| Trading Central | No | No | No |
| API | No | No | Yes |
| Free VPS | Yes | No | Yes |
| Strategy (EA) builder | No | No | Yes |
| Autochartist | Yes | No | Yes |
Mobile apps
FXGT.com supports mobile trading, offering dedicated apps for both iOS and Android. FXGT.com received 3/10 in this section, which suggests limited user interest or weak performance of the apps.
- Mobile alerts supported
- Indicators supported
- Weak user feedback on iOS
- Mobile 2FA not supported
We compared FXGT.com with two top competitors by mobile downloads, app ratings, 2FA support, indicators, and trading alerts.
| FXGT.com | Plus500 | Pepperstone | |
| Total downloads | 50,000 | 10,000,000 | 100,000 |
| App Store score | No data | 4.7 | 4.0 |
| Google Play score | No data | 4.4 | 4.0 |
| Mob. 2FA | No | Yes | Yes |
| Mob. Indicators | Yes | Yes | Yes |
| Mob. Alerts | Yes | Yes | Yes |
Education
The company does not offer full-fledged education on trading currencies and various classes of CFDs. For novice traders, there are eBooks and a glossary of Forex terms available in the Research & Insights section. The basic concepts of trading are discussed in the FAQs block.
A demo account allows you to apply all the gained theoretical knowledge in practice. This account type is educational, so traders can practice without depositing personal funds (a virtual deposit is accrued).
Customer support
FXGT.com offers 24/7 support for all clients, as well as for non-registered users.
Advantages
- 24/7 service
- Support is available in several languages
Disadvantages
- Telephone communication is not available
To contact technical support, you can use:
-
live chat on the website and in the user account;
-
email;
-
a ready-made ticket for requesting support by email.
Broker's clients can create tickets in the Support Center of their user accounts.
Contacts
| Foundation date | 2021 |
|---|---|
| Registration address | Room 12, First Floor, Kingsgate House, Victoria, Mahe, Seychelles |
| Regulation | FSA, FSCA, CySEC (only for institutional traders), VFSC |
| Official site | www.fxgt.com |
| Contacts |
Comparison of FXGT.com with other Brokers
| FXGT.com | Eightcap | XM Group | RoboForex | VT Markets | Kama Capital | |
| Trading platform |
MetaTrader4, MetaTrader5 | MT4, MT5, TradingView | MT4, MT5, MobileTrading, XM App | MT4, MT5, R MobileTrader, R StocksTrader, R WebTrader | MetaTrader4, MetaTrader5, VT Markets App, Web Trader+ | MetaTrader5 |
| Min deposit | $5 | $100 | $5 | $10 | $50 | No |
| Leverage |
From 1:1 to 1:1000 |
From 1:30 to 1:500 |
From 1:1 to 1:30 |
From 1:1 to 1:2000 |
From 1:1 to 1:500 |
From 1:1 to 1:400 |
| Trust management | No | No | No | No | Yes | No |
| Accrual of % on the balance | No | No | No | 10.00% | No | No |
| Spread | From 0 points | From 0 points | From 0.8 points | From 0 points | From 0 points | From 0 points |
| Level of margin call / stop out |
50% / 20% | 80% / 50% | 100% / 50% | 60% / 40% | No / 50% | 20% / No |
| Order Execution | Market Execution | Market Execution | Market Execution | Market Execution, Instant Execution | Market Execution | Market Execution |
| No deposit bonus | No | No | No | No | No | No |
| Cent accounts | No | No | No | Yes | No | Yes |
Detailed review of FXGT.com
FXGT.com is a regulated broker that always complies with regulatory standards and maintains a high capital adequacy ratio. It partners with major tier 1 banks to allow its clients to store and transfer funds securely and receive the most precise market quotes. Additional security is provided by negative balance protection, which is enabled on all account types.
FXGT.com by the numbers:
-
The capital adequacy ratio reaches 40% (the standard is 10%);
-
The broker is licensed by 3 international regulators;
-
The average order execution speed is 120 ms;
-
4 account types with spreads starting from 0 pips.
FXGT.com is a broker suitable for 24/7 margin trading
FXGT.com provides leverage, which allows its clients to get more return on investment. The maximum value is 1:5000, but it is not available for all assets. To protect funds from excessive risk, the broker uses dynamic leverage. The amount of leverage available to a particular trader depends on the region, account type, and asset. The leverage can be reduced by the client or the broker in case of high market volatility. The FXGT.com trading server is located in London, the time zone is GMT+1. Virtual VPS is fully integrated into MetaTrader platforms and has 3 GB of RAM.
The company's clients have access to trading on MetaTrader 5, available in desktop, WebTrader, Android, MacOS, and iOS versions. It supports 38 built-in technical analysis indicators, 46 graphical objects, and 22 analytical tools. The broker plans to add MetaTrader 4 soon.
Useful services offered by FXGT.com:
-
MT5 Advanced Trader Toolkit. This is a toolkit that helps traders optimize their trading strategies and set up risk management to maximize the potential profit from trades with financial assets;
-
Research and Trading Ideas. The company provides access to the economic calendar, daily volatility forecasts, charts with hourly updates, and information on support and resistance levels;
-
Trader Insights. It is a section of the website that displays the activities of FXGT.com’s clients. Tables with data on the total number of long and short positions on assets, the ratio of open positions, and the percentage of the most interesting instruments for traders are available.
Advantages:
Negative balance protection applies to all account types;
Clients’ funds are kept in large banks on special segregated accounts;
The broker does not withhold deposit or withdrawal fees;
Opening a trading account takes no more than 10 minutes, and identity verification is carried out within one day;
All clients, regardless of their country of residence and the deposit amount, can trade currencies, the GTi12 Index, and various types of CFDs.
Any of the presented account types are available in Swap Free format upon request. Professional trading accounts can hold open up to 200 orders simultaneously; and the maximum trade size is 200 lots.
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