Introduction

FXGT.com is an international online trading platform established in 2019, providing brokerage services for forex and cryptocurrency trading. Initial impressions are positive, with a focus on user-friendly features and a commitment to a seamless trading experience.

Licensing and Regulation

FXGT.com is regulated by various authorities, including the Seychelles Financial Services Authority (FSA), Financial Sector Conduct Authority (FSCA) in South Africa, Vanuatu Financial Services Commission (VFSC), and Cyprus Securities and Exchange Commission (CySEC). They maintain high capital adequacy ratios and segregate client funds for safety.

Trading Platforms

FXGT.com offers a user-friendly MetaTrader 5 (MT5) platform with plans to add MetaTrader 4 (MT4) soon. The platform is available on desktop, web, and mobile devices, offering advanced features and customization options.

Account Types

FXGT.com provides multiple account types with varying features, including micro lots trading, raw spreads, zero swaps, and promotions. The minimum deposit for all account types is $5.

Tradable Assets

Traders can access a wide range of assets, including forex pairs, cryptocurrencies, commodities, stocks, and indices. This diversity caters to different trading preferences.

Spreads & Fees

The broker offers competitive spreads, starting from as low as 0 points on certain account types. While there are no trading commissions, rollover fees may apply depending on the instrument and position. Read more

Deposit and Withdrawal

FXGT.com accepts various payment methods, including credit/debit cards, bank wire transfers, Bitwallet, and Sitpay. Deposits are processed quickly, and there may be some associated fees. Read more

Customer Support

Customer support is available 24/5 through various communication channels, including live chat, email, and phone. Response times are prompt, ensuring assistance when needed.

Educational Resources

FXGT.com provides a range of educational resources, including webinars, newsletters, e-books, and video tutorials, benefiting both novice and experienced traders.

Pros and Cons

Pros:

Competitive spreads and leverage.
Wide range of tradable assets.
Multiple account types.
Strong regulatory oversight and fund security.
User-friendly interface.
Abundant educational resources.

Cons:

Not available for US clients.

Conclusion

FXGT.com’s recent brand refresh and commitment to enhancing the trader experience, along with its strong regulatory compliance and diverse account options, make it a compelling choice for traders of all levels. However, US-based traders will need to explore other options due to restrictions.