FXGT.com Review 2023

FXGT is a new breed of Forex broker. FXGT is the upshot of the digital transformation of currency markets and the widespread adoption of cryptocurrencies. We offer traders the stability of a traditional Forex broker who is vested in your success; providing you with the digital tools, traditional and bespoke trading pairs for an exceptional trading experience while constantly striving to offer the best trading conditions in the market.

FXGT Regulation

GT Global Ltd is a registered company in Seychelles, with Registration Number 8421720-1. It is regulated by the Seychelles Financial Services Authority (SFSA) under the Securities Dealer’s License Number SD019.

GT IO Markets (PTY) Ltd is a registered company in South Africa, with Registration Number 2015/059344/07. It is regulated by the South African Financial Services Conduct Authority (FSCA) under the Financial Services Provider (FSP) Licence Number 48896.

GT Global Markets Ltd is a registered company in Vanuatu licensed and regulated by the Vanuatu Financial Services Commission (VFSC) under the Principal’s License Number 700601. GT Global Markets Ltd has its registered address at Law Partners House, Kumul Highway, Port Vila, Vanuatu.

FXGT Trading Accounts

FXGT offers a variety of account types, designed to match clients’ trading requirements, portfolio, strategies and asset class preferences with competitive spreads, dynamic leverage and flexibility in deposits and withdrawals.

GTLot

The GTLot is an innovative unit, specially designed by FXGT.com for measuring and benchmarking the trading volume of a client’s Live Trading Account across all CFD instruments and asset classes. The GTLot was created with the purpose of unifying the diversity of the contract size, the denomination, and the nominal value of all available CFD instruments, including Cryptos, into a single standardised unit.

It works by converting the overall trading volume of an account to USD and by standardising 1 GTLot to be equal to 100,000 USD of trading volume.

1 GTLot = 100,000 USD of trading volume

Commissions & Fees

ECN account trading fees consist of spreads and fees per lot, with metal trades incurring a $5 fee, fiat currency trades incurring a $6 fee, and cryptocurrency trades incurring a 0.1% fee based on the position size. Spreads across all accounts are variable. On Standard+ and Mini accounts, they start from 1 pip, on Pro accounts from 0.5 pips, and on ECN accounts, they start from 0 pips.

For inactive accounts within a 90-day period, a $10 fee is levied monthly. The company does not impose deposit or withdrawal fees, though such fees may be applied by payment service providers.

Overnight swap charges apply to positions held overnight, but specific crypto assets can be traded without incurring swaps. Analysts at TU calculated the average fees for FXGT.com and compared them with those of RoboForex and Pocket Option. The comparison table below focuses on the EUR/USD pair traded on standard accounts. The spread for 1 standard lot traded was computed in USD.

Trading Instruments

Our analysis indicates that the broker boasts an extensive array of trading instruments. The Market instruments offering encompasses a total of 743 instruments, which includes 54 FX pairs, 32 cryptocurrencies, 11 synthetic cryptos, 5 NFTs, 2 coins, 10 DeFis, 3 precious metals, 3 energies, 10 equity indices, and 54 stocks.

FXGT.com offers favorable conditions for trading these instruments, with the sole exception being the absence of Futures and Options trading options.

FXGT Trading Platform

FXGT offers two trading platforms, MetaTrader 5 (MT5) and MetaTrader 4 (MT4). MT5 is a newer platform that offers enhanced speed, access to more built-in indicators, analytical tools, and graphical objects, and advanced backtesting capabilities. It also provides a greater depth of market and up to 21 available chart timeframes. On the other hand, MT4 is a versatile platform that is user-friendly, efficient, and multifunctional. It offers a wide range of easily customizable features, automated trading, and risk management techniques. It also provides access to pre-installed Expert Advisors (EAs) and technical indicators via the renowned MQL4 Language. Both platforms are available for desktop, web trader, Android, macOS, and iOS devices.

MT5 Features

• FXGT.com offers an improved MetaTrader 5 (MT5) trading toolkit for clients, providing them with access to a more user-friendly, technologically advanced platform.
• FXGT MT5 offers ultra-fast order execution times on a 64-bit operating system
• Enjoy access to a total of 38 built-in indicators, 22 analytical tools, and 46 graphical objects

MT4 Features

• User-friendly, efficient, and versatile platform with a wide range of easily customisable features
• Access pre-installed Expert Advisors (EAs) and technical indicators via the renowned MQL4 Language
• Benefit from a total of 9 available chart timeframes to work with, ranging from 1 minute to 1 month

Deposits & Withdrawals

FXGT.com ensures that verified clients enjoy swift and fee-free deposits and withdrawals, supporting a dozen payment processors, including BTC, ETH, XRP, ADA, USDT(ERC20), USDT(TRC20), BitWallet, and Binance Pay for cryptocurrency transactions. While the platform doesn’t impose internal fees, third-party payment processor costs are applicable across all options. The minimum deposit amount starts at $5 for all account types.

Withdrawal minimums vary based on the payment processor, ranging from $5 to $50. Processing times span from instant to within 72 hours. Users opting for bank-related payment processors may experience up to ten business days for fund withdrawal, contingent on their geographical location, whereas e-wallets and cryptocurrencies offer faster processing times.

FXGT Affiliate Program

The FXGT Affiliate Program, also known as the FXGT Partners Program, is a program that allows individuals to earn commissions by referring new traders to FXGT.com, a global forex and CFD broker.

The program offers a variety of benefits, including:

• Multi-tier commission plan: Earn up to $12 per lot traded by your referred clients.
• Partner cashback program: Receive cashback on all commission generated by your referred clients.
• Fast payouts: Receive your commissions within 48 hours of your request.
• Marketing materials: FXGT provides a variety of marketing materials to help you promote the program.
• Dedicated support: FXGT provides dedicated support to help you with any questions you may have.

To become an FXGT Affiliate, you must first create an account on the FXGT Affiliate Portal. Once you have created an account, you will need to complete an application form. Once your application has been approved, you will be given a unique affiliate link that you can use to promote FXGT.com.

When a client clicks on your affiliate link and opens an account with FXGT.com, you will earn a commission on all of their trades. The amount of commission you earn will depend on the type of account the client opens and the volume of their trades.

The FXGT Affiliate Program is a great way to earn extra income without having to invest any money upfront. If you are looking for a way to monetize your website or blog, the FXGT Affiliate Program is a great option.

Contacts

Room 12, First Floor, Kingsgate House, Victoria, Mahe, Seychelles

• support@fxgt.com
• +2484224508