FXGT Review 2025: Is This Forex Broker Worth It?

Overview

FXGT.com is a relatively new hybrid forex and cryptocurrency broker that has quickly made a name for itself since its establishment in 2019. Based in Seychelles, South Africa, and Vanuatu, FXGT operates under the regulatory oversight of the Seychelles Financial Services Authority (FSA), the Financial Sector Conduct Authority (FSCA) in South Africa, and the Vanuatu Financial Services Commission (VFSC). The broker also holds a Cyprus Securities and Exchange Commission (CySEC) license for serving institutional clients.

FXGT aims to cater to a new generation of traders by offering an extensive range of trading instruments, including over 500 CFDs on forex, stocks, indices, commodities, cryptocurrencies, synthetic cryptos, DeFi tokens, and NFTs. The broker provides access to the popular MetaTrader 4 and MetaTrader 5 platforms, with a low minimum deposit of just $5 and leverage of up to 1:5000 (depending on the entity and instrument).

One of FXGT's key strengths is its variety of account types designed to suit different trading styles and experience levels. These include the Optimus account for day traders, the Pro account for all-around trading, the ECN Zero account for short-term trades, the Standard+ account for general use, and the Mini account for beginners. Each account offers competitive spreads, flexible leverage, and access to a wide range of assets.

For more details on FXGT's offerings, traders can visit the broker's official website at FXGT.com

Overview Table

Feature	Details
Broker Name	FXGT.com
Year of Establishment	2019
Headquarters	Seychelles, South Africa, Vanuatu
Regulation	FSA (Seychelles), FSCA (South Africa), VFSC (Vanuatu), CySEC (Cyprus - institutional clients only)
Trading Platforms	MetaTrader 4, MetaTrader 5
Minimum Deposit	$5
Maximum Leverage	Up to 1:5000 (depending on entity and instrument)
Account Types	Optimus, Pro, ECN Zero, Standard+, Mini
Asset Classes	Forex, Stocks, Indices, Commodities, Cryptocurrencies, Synthetic Cryptos, DeFi Tokens, NFTs
Customer Support	24/7 via live chat, email, web form
Education	Articles, eBooks, guides

Facts List

1. FXGT.com was founded in 2019 and is based in Seychelles, South Africa, and Vanuatu.
2. The broker is regulated by the FSA, FSCA, VFSC, and CySEC (for institutional clients).
3. FXGT offers trading on 500+ instruments, including forex, stocks, indices, commodities, and cryptocurrencies.
4. The minimum deposit to open an account is just $5.
5. Maximum leverage of up to 1:5000 is available (depending on the entity and instrument).
6. FXGT provides access to the MetaTrader 4 and MetaTrader 5 platforms.
7. The broker offers five account types: Optimus, Pro, ECN Zero, Standard+, and Mini.
8. 24/7 customer support is available via live chat, email, and web form.
9. Educational resources include articles, eBooks, and guides.
10. FXGT offers attractive bonus programs, such as a 25% unlimited loyalty bonus.

FXGT Licenses and Regulatory

FXGT.com operates under the regulatory oversight of several reputable authorities, ensuring a secure and transparent trading environment for its clients. The broker is regulated by:

1. The Seychelles Financial Services Authority (FSA) under license number SD019
2. The Financial Sector Conduct Authority (FSCA) in South Africa under license number 48896
3. The Vanuatu Financial Services Commission (VFSC) under license number 700601
4. The Cyprus Securities and Exchange Commission (CySEC) under license number 382/20 (for institutional clients only)

Being regulated by multiple authorities is a strong indication of FXGT's commitment to maintaining high standards of operation and client protection. The FSCA, in particular, is known for its strict regulatory requirements, which include segregation of client funds, regular audits, and maintaining a high capital adequacy ratio.

FXGT maintains a capital adequacy ratio of 40%, which is three times the level recommended by regulators. This ensures that the broker has sufficient funds to weather market volatility and protect client investments. Additionally, FXGT offers negative balance protection to all clients, meaning that traders cannot lose more than their account balance.

By adhering to the guidelines set by these regulatory bodies, FXGT demonstrates its dedication to providing a safe and reliable trading environment for its clients. The broker's transparent operations and strong financial standing instill confidence in traders, making FXGT a trustworthy choice for both novice and experienced investors.

Regulations List

• Seychelles Financial Services Authority (FSA) – License No. SD019
• Financial Sector Conduct Authority (FSCA), South Africa – License No. 48896
• Vanuatu Financial Services Commission (VFSC) – License No. 700601
• Cyprus Securities and Exchange Commission (CySEC) – License No. 382/20 (institutional clients only)

Trading Instruments

FXGT.com offers a wide range of tradable assets, providing traders with ample opportunities to diversify their portfolios and implement various trading strategies. The broker's extensive selection includes:

Asset Class	Description	Highlights
Forex	Over 40 major, minor, and exotic currency pairs	Spreads from 0.5 pips (Pro) and 0.0 pips (ECN Zero)
Cryptocurrencies	50+ crypto pairs including BTC, ETH, XRP, LTC, plus synthetic pairs and GTi12 Index	Extensive selection with unique instruments like GTi12
Stocks	200+ US and international stocks from various sectors	Access to top global companies
Indices	Global indices including S&P 500, NASDAQ, FTSE 100, DAX 30, Nikkei 225	Speculate on major equity markets
Commodities	Precious metals, energy, and agricultural products	Includes gold, silver, oil, gas, wheat, coffee, sugar
DeFi Tokens	Popular decentralized finance tokens	Exposure to the growing DeFi sector
NFTs	Speculation on NFT price movements	Trade this emerging and unique asset class

Trading Platforms

FXGT.com provides traders with access to the industry-standard MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, which offer a user-friendly interface, advanced charting tools, and automated trading capabilities.

MetaTrader 5 (MT5)

MT5 is the latest version of the MetaTrader platform, offering enhanced features and functionality compared to its predecessor. Key features include:

• Multiple asset classes: MT5 supports trading on forex, stocks, indices, commodities, and cryptocurrencies.
• Advanced charting: The platform provides 21 timeframes, 38 built-in indicators, and the ability to create custom indicators.
• Algorithmic trading: MT5 supports the development and execution of Expert Advisors (EAs) and custom trading scripts.
• Hedging and netting: Traders can use both hedging and netting account types on MT5.

MetaTrader 4 (MT4)

MT4 is the most widely used trading platform in the world, known for its stability, user-friendly interface, and extensive customisation options. Key features include:

• Customisable charts: MT4 offers 9 timeframes, 30 built-in indicators, and the ability to create custom indicators.
• Automated trading: The platform supports the development and execution of Expert Advisors (EAs) using the MQL4 programming language.
• Extensive market analysis: MT4 provides access to real-time market quotes, news, and trading signals.
• Mobile trading: The MT4 mobile app allows traders to manage their accounts and execute trades on the go.

Both MT4 and MT5 are available as desktop, web, and mobile applications, ensuring that traders can access their accounts and trade from any device, anywhere in the world. FXGT's MT4 and MT5 servers are hosted on high-performance, secure infrastructure, providing fast and reliable trade execution.

Trading Platforms Comparison Table

Feature	MT5	MT4
Asset Classes	Forex, Stocks, Indices, Commodities, Cryptocurrencies	Forex, Indices, Commodities
Timeframes	21	9
Built-in Indicators	38	30
Custom Indicators	Yes	Yes
Algorithmic Trading	Yes (EAs and scripts)	Yes (EAs using MQL4)
Hedging	Yes	No
Netting	Yes	Yes
Mobile App	Yes	Yes
Web Platform	Yes	Yes

FXGT How to Open an Account: A Step-by-Step Guide

Opening an account with FXGT.com is a simple and straightforward process. Follow these steps to get started:

1. Visit the FXGT.com website and click on the "Open Account" button.
2. Fill out the registration form with your personal information, including your name, email address, phone number, and country of residence.
3. Choose your account type (Optimus, Pro, ECN Zero, Standard+, or Mini) and base currency (USD, EUR, JPY, BTC, ETH, USDT, XRP, or ADA).
4. Agree to the broker's terms and conditions and privacy policy.
5. Click on the "Submit" button to complete the registration process.
6. Verify your email address by clicking on the link sent to your registered email.
7. Log in to your FXGT.com client area using your email and password.
8. Submit the required documentation for account verification, which typically includes proof of identity (e.g., passport or driver's license) and proof of address (e.g., utility bill or bank statement).
9. Once your account is verified, you can fund it using one of the available deposit methods, such as credit/debit card, bank wire transfer, or cryptocurrency.
10. Download the MT4 or MT5 trading platform from the FXGT.com website and install it on your device.
11. Log in to the trading platform using the credentials provided by FXGT.
12. Start trading on your preferred assets.

FXGT.com offers a demo account option for traders who wish to practise trading strategies and familiarise themselves with the platform before investing real money. To open a demo account, simply follow the registration process and select the "Demo Account" option.

Charts and Analysis

FXGT.com provides traders with a comprehensive suite of tools and resources to analyse market trends, make informed trading decisions, and enhance their skills. These include:

Feature	Description	Benefit to Traders
Advanced Charting	Available on MT4 and MT5 platforms with multiple timeframes, indicators, and drawing tools	Enables technical analysis and chart customization
Market Analysis	Daily insights and analysis on forex, stocks, indices, and commodities by experienced analysts	Helps traders identify trends and opportunities
Economic Calendar	Displays upcoming major economic events (e.g. central bank meetings, GDP, employment data)	Supports trade planning around market-moving events
Webinars & Seminars	Regular sessions by industry experts on strategies, risk management, and platform use	Expands knowledge and trading skills
Educational Videos	Video content ranging from basic trading concepts to advanced strategies	Suitable for all levels of trading experience
Trading Guides	In-depth guides on topics like fundamental & technical analysis, and trading psychology	Improves

FXGT Account Types

FXGT.com offers five main account types, each designed to cater to different trading styles, preferences, and experience levels:

Optimus Account

• Designed for day traders
• Spreads from 8 points
• No commissions
• Leverage up to 1:5000
• Minimum deposit: $10 (MT5 only)
• Swap-free for equity indices, energies, and stocks
• Zero stop and limit levels

Pro Account

• Suitable for all traders
• Spreads from 5 points
• No commissions
• Leverage up to 1:1000
• Minimum deposit: $50
• Swap-free for FX majors, minors, metals, and energies up to 6 days

ECN Zero Account

• Ideal for short-term traders
• Raw spreads from 0 points
• Commissions: $3 per side on FX, up to $5 round turn on precious metals
• Leverage up to 1:1000
• Minimum deposit: $100
• Swap-free for gold (3 days), FX, energies, and stocks

Standard+ Account

• Suitable for all traders
• Spreads from 10 points
• No commissions
• Leverage up to 1:1000
• Minimum deposit: $10
• Bonuses and promotions available

Mini Account

• Great for beginners
• Spreads from 10 points
• No commissions
• Leverage up to 1:1000
• Minimum deposit: $5
• Bonuses and promotions available

All account types offer access to a wide range of trading instruments, including forex, stocks, indices, commodities, and cryptocurrencies. Islamic swap-free accounts are available upon request for all account types.

Account Types Comparison Table

Feature	Optimus	Pro	ECN Zero	Standard+	Mini
Spreads from	8 points	5 points	0 points	10 points	10 points
Commissions	None	None	$3/side (FX), up to $5/lot (metals)	None	None
Leverage up to	1:5000	1:1000	1:1000	1:1000	1:1000
Minimum deposit	$10 (MT5)	$50	$100	$10	$5
Swap-free	Equity indices, energies, stocks	FX majors, minors, metals, energies (up to 6 days)	Gold (3 days), FX, energies, stocks	None	None
Bonuses	No	No	No	Yes	Yes
Stop/Limit levels	Zero	Standard	Standard	Standard	Standard
Order execution	Market	Market	Market	Market	Market

Negative Balance Protection

FXGT.com offers negative balance protection to all its clients, regardless of their account type or trading style. This means that traders cannot lose more than the funds available in their trading account, even in the event of extreme market volatility or unexpected price movements. Negative balance protection is an essential risk management tool that helps traders limit their potential losses and prevents them from falling into debt due to trading activities. Without this protection, traders could face significant financial risks, especially when using high leverage or trading during market events that trigger sudden price gaps. FXGT's negative balance protection policy ensures that the broker will absorb any losses that exceed a trader's account balance, effectively limiting the trader's maximum loss to the funds they have deposited. This provides traders with peace of mind and allows them to focus on their trading strategies without worrying about the potential for catastrophic losses. It is important to note that while negative balance protection is a valuable safety net, it should not be relied upon as a substitute for proper risk management. Traders should still employ sound risk management techniques, such as setting appropriate stop-loss orders, maintaining reasonable position sizes, and diversifying their portfolios.

FXGT Deposits and Withdrawals

FXGT.com offers a wide range of deposit and withdrawal options to cater to the needs of its global client base. The broker supports the following payment methods:

Deposit Methods

Support Service for Customer

FXGT.com offers 24/7 multilingual customer support to assist traders with any questions or issues they may encounter. The broker's support team can be reached through the following channels:

• Live Chat: Traders can access the live chat feature directly from the FXGT website, allowing them to connect with a support representative in real-time.
• Email: Traders can send their enquiries to support@fxgt.com for general questions or partners@fxgt.com for partnership-related queries.
• Phone: While FXGT does not provide a direct phone number, traders can request a callback by submitting their contact details through the website.

The customer support team are available in multiple languages, including English, Spanish, Arabic, Turkish, Malay, and Thai, ensuring that traders from different regions can communicate effectively with the support staff. FXGT's commitment to providing excellent customer service is evident in its fast response times and knowledgeable support staff. The broker strives to resolve all enquiries and issues promptly, ensuring that traders can focus on their trading activities with minimal disruptions.

Customer Support Comparison Table

Feature	Availability
Live Chat	24/7
Email Support	24/7
Phone Support	Callback request
Support Languages	English, Spanish, Arabic, Turkish, Malay, Thai
Response Time	Fast
Knowledge of Support Staff	High

Prohibited Countries

FXGT.com follows strict regulatory guidelines and does not offer its services to residents of certain countries due to legal restrictions or lack of appropriate licensing. The following regions and their respective countries are prohibited from opening an account with FXGT:

United States of America: FXGT does not accept clients from the USA due to the strict regulations imposed by the Commodity Futures Trading Commission (CFTC) and the National Futures Association (NFA).

European Union: Residents of EU member states cannot open an account with FXGT, as the broker is not currently licensed to operate within the European Economic Area (EEA).

Canada: FXGT does not offer its services to Canadian residents due to regulatory restrictions imposed by the Canadian Securities Administrators (CSA) and the Investment Industry Regulatory Organisation of Canada (IIROC).

North Korea: In compliance with international sanctions, FXGT does not accept clients from North Korea.

It is essential for traders to check their country's specific regulations and restrictions before attempting to open an account with FXGT or any other broker. Trading with an unlicensed broker may result in legal consequences and potential loss of funds.

Traders from prohibited countries may need to seek alternative brokers that are properly licensed and authorised to operate within their jurisdiction. It is always recommended to choose a well-regulated broker to ensure the safety of funds and a fair trading environment.

Prohibited Countries List

• United States of America, Member States of the European Union, Canada, North Korea

Special Offers for Customers

FXGT.com provides an array of special promotions and offers designed to enhance traders' experience and maximise their potential returns. Some of the current offers include:

1. Welcome Bonus: New clients can receive a 50% bonus on their first deposit, up to a maximum of $500. This bonus can help traders increase their trading capital and potentially generate higher returns.
2. Unlimited Loyalty Bonus: Traders can earn a 25% bonus on every deposit they make, with no maximum limit. The bonus is automatically credited to the trader's account and can be used for trading purposes.
3. Loyalty Bonus Reset: If a trader's cumulative deposits reach $10,000, their loyalty bonus limit resets to zero, allowing them to continue receiving the 25% bonus on future deposits.
4. Crypto Booster: Clients who deposit using cryptocurrencies can receive an additional 10% bonus on top of the standard loyalty bonus, further increasing their trading capital.
5. VPS Sponsorship Program: FXGT offers a free Virtual Private Server (VPS) to traders who maintain a minimum account balance of $3,000 and trade at least 5 FXGT lots per month. The VPS service ensures stable and reliable connectivity for optimal trading performance.

Conclusion

Throughout this comprehensive review, I have thoroughly examined FXGT.com's offerings, regulatory compliance, trading conditions, and overall reputation. Based on my analysis, I believe that FXGT is a reliable and trustworthy broker that provides a secure and transparent trading environment for its clients.

One of the key strengths of FXGT is its commitment to regulatory compliance, with licenses from reputable authorities such as the FSA, FSCA, VFSC, and CySEC. This demonstrates the broker's dedication to maintaining high operational standards and protecting its clients' interests. The segregation of client funds and negative balance protection further reinforce the safety of trading with FXGT.

Another notable aspect of FXGT is its wide range of tradable assets, which includes over 500 instruments across forex, stocks, indices, commodities, and cryptocurrencies. This diverse selection caters to the needs of both novice and experienced traders, allowing them to implement various trading strategies and diversify their portfolios.

The broker's competitive trading conditions, such as low spreads, high leverage, and fast execution speeds, create a favourable environment for traders to potentially maximise their returns. The choice of account types, ranging from the beginner-friendly Mini account to the professional-orientated ECN Zero account, ensures that traders can select an option that best suits their needs and experience level.

FXGT's user-friendly trading platforms, MetaTrader 4 and MetaTrader 5, provide traders with powerful tools for market analysis, order execution, and automated trading. The availability of these platforms across desktop, web, and mobile devices offers flexibility and convenience for traders to manage their accounts on the go.

The broker's educational resources, including webinars, tutorials, and market analysis, help traders expand their knowledge and skills, while the responsive customer support team ensures that any issues or concerns are promptly addressed.

However, it is important to note that FXGT is a relatively new entrant in the online trading industry, having been established in 2019. While the broker has made significant strides in establishing itself as a reliable provider, it may lack the long-standing reputation and track record of some more established competitors.

Additionally, FXGT's services are not available to residents of certain countries, including the United States, European Union member states, Canada, and North Korea, due to regulatory restrictions. Traders from these regions will need to explore alternative brokers that are appropriately licensed to operate within their jurisdictions.

In conclusion, FXGT.com presents itself as a well-rounded and trustworthy broker that offers a secure and feature-rich trading environment. Its strong regulatory standing, wide range of tradable assets, competitive trading conditions, and user-friendly platforms make it an attractive choice for traders seeking a reliable partner in their trading journey. As with any financial decision, traders should conduct their own due diligence and carefully consider their individual needs and risk tolerance before selecting a broker.

FXGT FAQs