FXGT Broker Review

FXGT Forex Broker Review
FXGT Forex Broker Review

1. Quick Overview

Broker NameFXGT
Established2019
HeadquartersSeychelles
RegulationFSA Seychelles, FSCA South Africa, CySEC (EU) for GT IO Markets Ltd
Official Websitehttps://www.fxgt.com
Core FocusForex, Crypto, Stocks, Indices, Commodities
Monthly Visitors~500,000
Top Countries🇿🇦 South Africa, 🇳🇬 Nigeria, 🇰🇪 Kenya, 🇵🇭 Philippines
Traffic SourcesDirect, Search, Referral, Social
Domain Age5+ years
HostingCloudflare, US
IP Address104.22.64.171

2. Trading Conditions


• Spreads: From 0.0 pips (ECN), Avg 1.3 pips (Standard)
• Commission/Fees: $6 per lot (ECN), $0 (Standard)
• Leverage: Up to 1:1000 (varies by region/account)
• Minimum Deposit: $5
• Trading Platforms: MT5 (desktop/web/mobile)
• Order Execution: STP, ECN
• Trading Instruments: 100+ including forex, crypto, stocks, indices, metals, energies

3. Account Types


• Standard+: Zero commission, wider spreads, $5 minimum
• ECN Account: Tight spreads, $6/lot commission, $500 minimum
• Cent Account: Micro trading, $5 minimum
• Crypto Max Account: Optimized for crypto, $50 minimum
• Islamic Account: Swap-free option available
• Demo Account: Free, unlimited

4. Deposit & Withdrawal


• Payment Methods: Crypto, Bank Transfer, Visa/Mastercard, Skrill, Neteller, Sticpay
• Minimum Deposit: $5
• Withdrawal Time: Within 24 hours for most methods
• Fees: No deposit fees, withdrawal fees may apply based on method

5. Regulation & Security


• Licenses: FSA Seychelles, FSCA South Africa, CySEC (GT IO Markets)
• Client Fund Security: Segregated accounts, encryption, 2FA
• Compensation Scheme: CySEC entity offers ICF protection (EU only)
• Reputation: Gaining popularity in emerging markets, especially in Africa & Asia

6. Customer Support


• Support Time: 24/5 via chat, email, support ticket
• Languages: English, French, Arabic, Thai, Tagalog
• Contact: support@fxgt.com, live chat

7. Trading Tools & Education


• Tools: Trading calculator, economic calendar, news updates, trading signals
• Education: Beginner videos, trading guides, webinars, blog

8. Mobile App & Platform Features


• Platforms: MetaTrader 5 (Web, Windows, Mac, Android, iOS)
• Features: Crypto + forex in same wallet, fast execution, charting tools, one-click trading

9. Bonuses & Promotions


• Welcome Bonus: 50% on first deposit (region-specific)
• Loyalty Bonus: Extra credit for high-volume trading
• Referral Program: Yes – earn commission for inviting others

10. User Experience & Reviews


• Trustpilot: 4.2/5 – appreciated for bonuses and multi-asset trading
• ForexPeaceArmy: Limited reviews, but mostly positive
• Common Complaints: Bonus restrictions, KYC delay for crypto withdrawals

11. Web Traffic & Domain Details


• Monthly Traffic: ~500,000
• Top Visitor Countries: 🇿🇦 South Africa, 🇳🇬 Nigeria, 🇰🇪 Kenya, 🇵🇭 Philippines
• Traffic Sources: Direct (40%), Search (33%), Referral (17%), Social (10%)
• Domain Age: Since 2019
• Hosting: Cloudflare (US)
• IP Address: 104.22.64.171

12. Pros & Cons

ProsCons
Low minimum deposit
Crypto and forex wallet integration
MT5 support across devices
High leverage options
Fast withdrawal and good UI
Newer broker (since 2019)
No MT4 support
Bonus terms can be strict
Limited assets vs major brokers
EU clients have lower leverage

13. FAQ


Q: Is FXGT regulated?
A: Yes – FSA Seychelles, FSCA, and CySEC (via GT IO Markets).

Q: What is the minimum deposit?
A: $5 for Standard+ and Cent accounts.

Q: Does FXGT support crypto trading?
A: Yes – extensive crypto pairs and a dedicated Crypto Max account.

Q: What platforms are supported?
A: Only MetaTrader 5 (MT5).

Q: Is a swap-free (Islamic) account available?
A: Yes, upon request.

14. Final Verdict & Rating


FXGT is a growing multi-asset broker ideal for users seeking both forex and crypto trading under one platform. It offers strong leverage, multilingual support, and solid trading infrastructure through MT5. While relatively new, its popularity in emerging markets and hybrid approach make it a competitive option.

Score: 8.3/10

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