What is FXGT? What kind of international FX broker is FXGT?
FXGT (FXGT) is an international FX broker headquartered in Limassol, Republic of Cyprus.
It started operations around the end of 2019.
FXGT’s financial license is from the Financial Services Authority Seychelles (FSA) in the Republic of Seychelles.
Company Information of FXGT
Below is the detailed company information for FXGT (FXGT).
International FX Broker | FXGT |
---|---|
Year Established | 2019 |
Operating Company | 360 Degrees Markets Ltd |
Registered Address | Room 12, First Floor, Kingsgate House, Victoria, Mahe, Seychelles |
Registration Number | 8421720-1 |
Financial License | Seychelles FSA |
There are associated companies such as TEC International (Cyprus) Ltd, registered under MiFID II (license number: 382/20) and CySEC (Cyprus Securities and Exchange Commission) (address: Eleftheriou Venizelou 57, 1st Floor, Agios Pavlos, 8021, Paphos, Cyprus, registration number: HE 389575), and ISPASS Technologies Ltd (address: Nikodemou Mylona 12, Themis Building 3, Block A, Office312, 8046, Paphos Cyprus, registration number: HE394419).
Reputation, Ratings, and Reviews of FXGT
Initially, there were reports of withdrawal refusals by abusers who received bonuses fraudulently at FXGT (FXGT).
There were also rumors on social media platforms like Twitter about fraudulent use of credit cards, but FXGT conducted investigations and announced that such incidents did not occur.
Features of FXGT
Below are the features of FXGT (FXGT).
FXGT is an international FX broker perfect for traders who want to enjoy cryptocurrency FX with bonuses and high leverage.
1. FXGT is known for its plentiful bonuses
FXGT (FXGT) is an international FX broker known for offering numerous bonuses.
You can receive account opening bonuses, 100% deposit bonuses, and cashbacks (rebates).
Please check the latest campaigns on the campaign page.
2. FXGT is heavily invested in cryptocurrency FX
FXGT (FXGT) is a hybrid international FX broker that combines FX and cryptocurrency trading.
In 2022, it started offering a Crypto Max account, which only allows trading in cryptocurrency FX.
Cryptocurrency FX (crypto asset CFD/Bitcoin FX) trading includes not only Bitcoin but also altcoins, DeFi tokens, and NFTs.
The highest leverage in the cryptocurrency FX industry
The maximum leverage for cryptocurrency FX at FXGT (FXGT) is 1,000 times.
This 1,000 times leverage is among the highest available in international FX brokers (overseas FX brokers/companies) that offer cryptocurrency FX.
FXGT also offers swap-free cryptocurrency FX
The international FX broker FXGT (FXGT) has been offering a zero-swap campaign for trading without swaps since 2022.
Below are the zero-swap eligible instruments and the period during which trading can be swap-free.
Category | Swap-free Period |
---|---|
Currency Pairs | Up to 6 days |
Gold | Up to 6 days |
Energy | Up to 6 days |
Stock Indices | Up to 6 days |
Stocks | 0 days |
Cryptocurrencies | Semi-permanent |
For account types and the latest eligible instruments that can trade swap-free, please check the Handling Instruments and Account Types page.
What are FXGT’s synthetic pairs and the GTi12 index?
At the international FX broker FXGT (FXGT), you can trade not only standard cryptocurrencies but also synthetic pairs and the GTi12 index.
Synthetic pairs are trading instruments that combine currencies or CFDs with cryptocurrencies.
The GTi12 index is a trading instrument exclusive to FXGT, composed of 12 coins considering variables such as market capitalization, liquidity, popularity, purpose, foundation, and durability.
FXGT is known for its fast withdrawals
One common reputation and review about the international FX broker FXGT (FXGT) is the quick reflection and processing of deposits and withdrawals.
If you have any questions about FXGT, contact them 24/7 via live chat or through the member page tickets.
Summary of FXGT’s Trading Environment and Conditions
Below are the features of the trading environment and conditions at FXGT (FXGT).
- Cryptocurrency, gold, and stock indices are swap-free
- Minimum deposit amount is $5
- Maximum leverage is 1,000 times
- Minimum spread is 0 pips
- Free deposit and withdrawal fees
- Trader’s margin is managed separately
- Dynamic leverage is adopted
- Zero cut support (no additional margin call)
- DeFi tokens and NFTs, in addition to synthetic pairs and the GTi12 index, are also handled
- Only MT5 (MetaTrader 5/MetaTrader5) is available for trading tools
- GT lot (GTLot) is adopted for calculating lots
FXGT does not offer trading on MT4 (MetaTrader 4/MetaTrader4).
What is FXGT’s ‘Dynamic Leverage’ Rule?
At the international FX broker FXGT (FXGT), there is no leverage restriction even if the account balance increases, but a dynamic leverage applies when the transaction volume of a position exceeds a certain amount.
Below is an example of Bitcoin leverage restriction in the Crypto Max account at FXGT.
Transaction Volume | Maximum Leverage |
---|---|
Under $10,000 | 500 times |
Under $50,000 | 200 times |
Under $100,000 | 100 times |
Under $200,000 | 50 times |
Above $200,000 | 20 times |
You can check the rules for leverage restriction for each instrument on the Handling Instruments page.
What is FXGT’s GT Lot (GTLot)?
The international FX broker FXGT (FXGT) may use a counting method called GT lot for calculating transaction volume and lot numbers.
Cashback (rebate) calculations are based on GT lots.
Tradable Instruments and Maximum Leverage at FXGT
Below are the categories of tradable instruments and their maximum leverage at FXGT (FXGT).
Category | Maximum Leverage |
---|---|
Currency Pairs | 1,000 times |
Precious Metals | 1,000 times |
Energy | 100 times |
Stock Indices | 100 times |
Stocks | 50 times |
Cryptocurrencies | 1,000 times |
In the Crypto Max account, the maximum leverage for cryptocurrency FX is 500 times, and the trading environment and conditions vary depending on the account type.
Open a High Leverage Account Here
Comparison of Account Types at FXGT
Below are the account types at FXGT (FXGT).
- Crypto Max Account
- Mini Account
- Standard+ Account
- Pro Account
- ECN Account
You can check the latest account types and their trading environments and conditions on the Compare Account Types page.
The Crypto Max Account Specialized in Cryptocurrency FX
Below are the differences in the trading environment and conditions for the Crypto Max account at FXGT (FXGT) compared to other account types.
Account Type | Crypto Max Account |
---|---|
Transaction Fees | Free |
Swap-Free | Not Applied |
Handled Instruments | Only Cryptocurrencies |
Maximum Leverage | 500 times |
Bonus | Receivable |
Minimum Spread | Narrow |
Maximum Trading Volume | Depends on the Cryptocurrency |
Simultaneous Holdings of Lots | Depends on the Cryptocurrency |
Simultaneous Holdings of Positions | 100 |
Simultaneous Holdings of Pending Orders | 100 |
Margin Call Level | Maintenance Margin Rate of 70% |
Stop Out Level | Maintenance Margin Rate of 40% |
Although the maximum leverage for cryptocurrency FX at FXGT is 1,000 times, the Crypto Max account offers 500 times and it does not include swap-free cryptocurrency FX.
Open a Crypto Max Account Here
The Mini Account and Standard+ Account for Beginners at FXGT
Below are the differences in the trading environment and conditions for the Standard+ account aimed at first-time traders and the Mini account for beginners at FXGT (FXGT) compared to other account types.
Account Type | Mini Account | Standard+ Account |
---|---|---|
Transaction Fees | Free | Free |
Swap-Free | Applied | Applied |
Handled Instruments | No synthetic pairs and GTi12 index, DeFi tokens, NFT | All |
Maximum Leverage | 1,000 times | 1,000 times |
Bonus | Receivable | Receivable |
Minimum Spread | 1 pip | 1 pip |
Maximum Trading Volume | 200 lots | 100 lots |
Simultaneous Holdings of Lots | 500 lots | 200 lots |
Simultaneous Holdings of Positions | 150 | 100 |
Simultaneous Holdings of Pending Orders | 50 | 100 |
Margin Call Level | Maintenance Margin Rate of 50% | Maintenance Margin Rate of 50% |
Stop Out Level | Maintenance Margin Rate of 20% | Maintenance Margin Rate of 20% |
The most standard account type at FXGT is the Standard+ account.
Mini Account/Standard+ Account Here
The Pro Account and ECN Account for Experienced Traders at FXGT
Below are the differences in the trading environment and conditions for the Pro account and ECN account at FXGT (FXGT) aimed at experienced FX traders compared to other account types.
Account Type | Pro Account | ECN Account |
---|---|---|
Transaction Fees | Free | $6 round trip, etc. |
Swap-Free | Applied | Applied |
Handled Instruments | All | All |
Maximum Leverage | 1,000 times | 1,000 times |
Bonus | Not receivable | Not receivable |
Minimum Spread | 0.5 pip | 0 pip |
Maximum Trading Volume | 200 lots | 200 lots |
Simultaneous Holdings of Lots | 200 lots | 200 lots |
Simultaneous Holdings of Positions | 200 | 200 |
Simultaneous Holdings of Pending Orders | 200 | 200 |
Margin Call Level | Maintenance Margin Rate of 50% | Maintenance Margin Rate of 70% |
Stop Out Level | Maintenance Margin Rate of 20% | Maintenance Margin Rate of 40% |
The Pro account at FXGT does not receive bonuses, but it is an account type with narrow spreads and no transaction fees while being swap-free, significantly reducing trading costs.
Open a Pro Account/ECN Account Here
Deposit and Withdrawal Methods at FXGT
Below are the main deposit and withdrawal methods at FXGT (FXGT).
- Credit Cards
- Debit Cards
- Cryptocurrencies (crypto assets/cryptocurrencies)
- STICPAY
- bitwallet
- Binance Pay
- Domestic Bank Transfer (domestic transfers)
You can also make deposits using VISA cards, JCB cards, and MasterCard.
(Forex Broker)
Comment by Diletta
March 26, 2024
Awesome bonuses, good leverage. A few hiccups, but support rocks!