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Found Year 2019
Company Name FXGT
Regulation FSA (Seychelles), FSCA (South Africa), and CySEC (Cyprus)
Trade Platforms MetaTrader 4 (MT4), MetaTrader 5 (MT5)
Minimum Account Size $5
Max Leverage 1:1000
Payment Options Bank wires, credit/debit cards, e-wallets, cryptocurrencies
Customer Support Email, Phone, Live Chat
Official Website https://fxgt.com

FXGT Introduction

FXGT (Global GT) is a relatively new player in the online trading industry, established in 2019. It operates as a fully regulated broker under multiple jurisdictions, including the Seychelles Financial Services Authority (SFSA), South Africa's Financial Sector Conduct Authority (FSCA), and the Vanuatu Financial Services Commission (VFSC)​​.

Account Registration and Payment Methods

Setting up an account with FXGT is straightforward, requiring basic personal information and a choice between a live and demo account. The KYC verification process is mandatory for withdrawals and involves providing detailed personal information and documents like a passport or driver's license and proof of address. FXGT offers a variety of payment methods, including debit/credit cards, e-wallets, bank/wire transfers, and direct crypto transfers​.

Trading Platforms and Tools

FXGT provides its clients with the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, known for their efficiency, user-friendliness, and advanced features. They also offer unique tools like the Trading Portal for managing accounts and transactions, VPS Sponsorship for uninterrupted EA operation, and the GTLot loyalty program which rewards trading volume with cash rebates​.

Account Types and Trading Conditions

FXGT offers four main account types: PRO, ECN, Mini, and Standard+. The PRO account features ultra-low spreads and zero commission, while the ECN account is ideal for trading with raw spreads. The Mini account is suitable for novice traders, and the Standard+ account caters to a broader range of traders. FXGT provides dynamic leverage up to 1:1000, with negative balance protection across all account types​​.

Trading Instruments

FXGT's trading offerings include over 60 currency pairs, stocks, indices, commodities, cryptocurrencies, and innovative synthetic cryptocurrencies. They support various trading strategies like hedging, scalping, and use of Expert Advisors (EAs)​​.

Customer Support and Education

FXGT's customer support is evaluated based on the availability of communication channels and the speed and completeness of responses. Their educational resources, however, are relatively minimal compared to industry leaders, primarily offering a glossary of trading terms​.

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