FXGT Broker Review: A Leader in High Leverage Forex and Cryptocurrency Trading

FX has a high leverage of 5,000 times! Bitcoin is at an industry-high of 1,000 times!

What is FXGT?

FXGT is a Forex broker based in Cyprus that started operations in December 2019.

It is a popular FX broker that offers high account opening bonuses and the highest leverage in the industry for cryptocurrency FX at 1,000 times, as well as high prize trade contests.

The momentum of FXGT was such that the number of account openings exceeded 20,000 in just about two and a half months after the start of the service.

Official Website (fxgt.com)

Company Information of FXGT

Below is the company information for FXGT.

Financial Licenses & Regulations of FXGT

Below are the financial licenses and regulations obtained by FXGT.

• Seychelles FSA
• South Africa FSCA
• Vanuatu VFSC
• Cyprus CySEC

The headquarters of FXGT is located in Limassol, Republic of Cyprus.

Registration details of FXGT’s Seychelles FSA

Below are the registration details of FXGT’s financial license in the Republic of Seychelles.

Open an Account (Free) Here

Registration details of FXGT’s South Africa FSCA

Below are the registration details of FXGT’s financial license in the Republic of South Africa.

Registration details of FXGT’s Vanuatu VFSC

Below are the registration details of FXGT’s financial license in the Republic of Vanuatu.

Registration details of FXGT’s Cyprus CySEC

Below are the registration details of FXGT’s financial license in the Republic of Cyprus.

FXGT in Cyprus also complies with the MiFID 2 (Markets in Financial Instruments Directive) regulations in the EU.

Rumors of Withdrawal Denials and Account Freezing at FXGT

Emerging brokers, such as those just starting out, are often targeted by scammers and traders attempting fraudulent activities like arbitrage.

In the case of FXGT, since its establishment, it has been offering high account opening bonuses and bonuses higher than 100% deposit bonuses without requiring KYC, leading to an increase in abusers and the consequent profit cancellations and account freezing.

Also, it is a fact that there were delays in withdrawals shortly after the start of operations at FXGT.

However, the reason for this was the influx of account openers, not unfair reasons for denial of withdrawals, profit confiscation, or account freezing.

Profit Confiscation Against Abusers

There are traders who have actually received profit confiscation by the FX broker FXGT.

Therefore, even today, it may still be written as a suspicious scam on bulletin boards like 5ch, social media such as Twitter, and in reviews and ratings, but the reason why FXGT denies withdrawals and confiscates profits is due to abusers misusing bonuses.

Specific examples of bonus abuse include one trader opening multiple accounts with multiple email addresses to receive an account opening bonus (no deposit bonus), or receiving it with family members or conspiring with acquaintances to hedge positions.

Bonuses and Account Opening Campaigns at FXGT

Below are the main bonuses and account opening campaigns currently being conducted by FXGT.

• Account Opening Bonus
• Welcome Bonus
• Loyalty Bonus
• Hercules Finance exclusive account opening cashback

In addition to the above, FXGT also conducts limited-time campaigns such as Bitcoin giveaways and U.S. presidential election cashbacks.

What is FXGT’s Account Opening Bonus?

An account opening bonus is a no-deposit bonus that allows you to start FX trading without needing initial capital (0 USD).

Below are the typical contents of FXGT’s account opening bonuses.

The current availability of the account opening bonus can be checked on the page for FXGT’s account opening bonus.

What is FXGT’s Deposit Bonus?

FXGT’s deposit bonus is a bonus received according to the amount deposited.

Below are the typical contents of FXGT’s 100% deposit bonus.

FXGT’s deposit bonus is reset (bonus revival) when conditions are met.

What are eWallets?

FXGT has a dedicated eWallet for fund management separate from trading accounts.

When depositing, funds are first reflected in the eWallet.

To start trading, you need to transfer funds from the eWallet to the trading account.

Deposit & Fund Transfer Here

Why Choose FXGT – Benefits of FXGT

FXGT started as a cryptocurrency exchange specializing in cryptocurrency FX (Crypto Asset CFD) and offers extensive services related to cryptocurrencies such as Bitcoin.

Below are the benefits (strengths, advantages) of FXGT.

• Generous bonuses such as account opening bonuses and 100% deposit bonuses
• High leverage of 1,000 times for cryptocurrency FX
• NBP support (no margin call) eliminates the worry of debt
• Supports deposits and withdrawals in cryptocurrencies such as Tether
• Supports both MT4 and MT5
• Minimum deposit amount is 5 USD
• Cryptocurrency FX is available for trading 24/7/365

At FXGT, you can not only trade cryptocurrency FX but also open trading accounts in cryptocurrencies, and make deposits and withdrawals in cryptocurrencies.

Open an Account (Free) Here

Disadvantages of FXGT (weaknesses, shortcomings)

The disadvantages (weaknesses, shortcomings) of the FX broker FXGT include the fact that swap delivery occurs every four hours for some instruments.

FXGT has started a swap-free trading campaign (as of August 2022).

Support for Both MT5 and MT4

The FX broker FXGT has added MT4 (MetaTrader 4) in addition to the trading platform MT5.

Expert Advisors (EA) for automated trading are available, and although MT5 offers more varieties, MT4 is still more widely used globally.

FXGT’s MT4 and MT5 can be used on both Windows and macOS.

MT4 & MT5 Accounts Here

Tradable Instruments at FXGT

Below are the instruments that can be traded on FXGT’s FX account.

• FX currency pairs
• Precious metals (metals)
• Energy
• Stock indices (indexes)
• Individual stocks/securities
• Cryptocurrencies (crypto)

With one trading account, you can trade USD/JPY, gold, crude oil, the Nikkei 225 stock index, U.S. stocks, and Bitcoin.

Open an Account (Free) Here

Maximum Leverage at FXGT – Tradable Instruments and Leverage

The maximum leverage at the FX broker FXGT is 1,000 times.

Below is a list of the categories of instruments handled by FXGT and their maximum leverage.

Dollar/yen, gold, and Bitcoin, for example, can be traded at the leverage ratio set at the time of account opening.

Proceed to Change Leverage

What is Dynamic Leverage?

Dynamic leverage at the FX broker FXGT is a rule where leverage restrictions are applied depending on the trading volume.

The rules for leverage restrictions vary by trading instrument.

Leverage Restrictions for FXGT’s Major Currency Pairs

Below is a summary of the leverage restrictions for FXGT’s major currency pairs.

Leverage restrictions for minor and exotic currencies and other instruments can be checked on the page for trading environment and conditions for each instrument.

Official Website (fxgt.com)

Cryptocurrency FX (Crypto Asset CFD) at FXGT

Cryptocurrency FX at the FX broker FXGT can be traded 24/7/365 with high leverage of 1,000 times and NBP support (no margin call).

Below are the cryptocurrencies that can be traded at FXGT.

Additionally, below is a list of cryptocurrency pairs that can actually be traded at FXGT.

• BTCUSD
• BTCJPY
• ETHUSD
• ETHJPY
• XRPUSD
• XRPJPY
• LTCUSD
• LTCJPY
• BCHUSD
• BCHJPY
• XRPBTC
• ETHBTC
• LTCBTC
• BTCEUR
• BCHEUR
• LTCEUR
• ETHEUR
• XRPEUR
• ADAUSD
• ADABTC
• ADAJPY
• ADAEUR
• XLMUSD
• XLMBTC
• XLMJPY
• XLMEUR
• DOTUSD
• DOTBTC
• DOTJPY
• DOTEUR
• DOGUSD
• SHBUSD

No other FX brokers or cryptocurrency exchanges offer cryptocurrency FX trading with high leverage of 1,000 times like FXGT.

Latest List of Cryptocurrency Pairs Here

Leverage Restrictions for Major Coins at FXGT

Below are the leverage restrictions for major coins in cryptocurrency FX at FXGT.

The rules for leverage restrictions on minor coins and more detailed leverage restriction rules can be checked on the page for trading environment and conditions for each instrument.

Cryptocurrency FX Here

Trading Platform at FXGT

Below are the trading platforms you can choose for your FX account at FXGT.

• MT4
• MT5
• WebTrader

Trading is not possible on cTrader or TradingView.

MT4 & MT5 Accounts Here

Trading Environment and Conditions at FXGT

The trading environment and conditions at FX broker FXGT vary depending on the account type.

Below are the account types at FXGT.

• Standard Account
• Mini Account
• Optimus Account
• Pro Account
• ECN Account
• CryptoMax Account

Starting in August 2024, the provision of FXGT’s high-leverage 5,000 times Optimus account began in certain countries and regions.

Comparison of Trading Environment and Conditions for Account Types at FXGT

Below are the features and main differences of the account types at FXGT.

• The Standard Account is the most popular standard account type at FXGT
• The Mini Account allows small investments with 10,000 currency units per lot
• The Optimus Account offers the highest leverage at 5,000 times
• The Pro Account offers free transaction fees with narrow spreads
• The ECN Account has the lowest trading costs, including transaction fees
• The CryptoMax Account specializes in cryptocurrency FX

The leverage has been increased, and the margin call level and loss cut level have been lowered, making trading easier.

First Time at FXGT Here

Trading Environment and Conditions of FXGT’s CryptoMax Account

Below are the trading environment and conditions for FXGT’s CryptoMax account.

The CryptoMax account (CryptoMax account) is an account type specialized for cryptocurrency FX.

CryptoMax Account Here

Trading Environment and Conditions of FXGT’s Mini Account

Below are the trading environment and conditions for FXGT’s Mini account.

The Mini account has increased the trading volume by 10 times compared to the previous Cent account, allowing for cryptocurrency FX trading, and has also added more tradable instruments such as stocks. (January 30, 2023, addendum)

Mini Account Here

Trading Environment and Conditions of FXGT’s Standard Account

Below are the trading environment and conditions for FXGT’s Standard account (Standard+ account).

The Standard account is a standard account type that has been set up before the option to select account types was available, and it offers a popular trading environment and conditions.

Standard Account Here

Trading Environment and Conditions of FXGT’s Pro Account

Below are the trading environment and conditions for FXGT’s Pro account.

The Pro account has the benefit of not receiving bonuses, but it has the advantage of narrower spreads compared to the Standard account.

Pro Account Here

Trading Environment and Conditions of FXGT’s ECN Account

Below are the trading environment and conditions for FXGT’s ECN account.

Even though transaction fees are incurred, the spreads are the narrowest, and the trading costs are lower compared to the Pro and Standard accounts.

ECN Account Here

Trading Environment and Conditions of FXGT’s Cent Account – Discontinued

Below are the trading environment and conditions for FXGT’s Cent account. (Discontinued as of November 2022)

The tradable instruments in the Cent account were limited to FX currency pairs and gold (XAUUSD/gold) and crude oil.

Trading Environment and Conditions of FXGT’s FX-Specific Account – Discontinued

Below are the trading environment and conditions for FXGT’s FX-specific account. (Discontinued as of the end of January 2023)

The FX-specific account was a simple FX account that only allowed trading of popular currency pairs, gold (XAUUSD/gold), crude oil, and stock indices like the Nikkei stock index.

Check Out the Latest Account Types Here

Is FXGT NBP Compliant? Are There Margin Calls?

FXGT is an FX broker that supports NBP (no margin call).

At FXGT, there is a risk of losing the deposited margin, but there is no risk of incurring debt in FX and CFD trading.

NBP Support Here

Points to Note When Trading with FXGT

Below are the points that traders who have opened an account with FXGT should be aware of.

1. Method of Account Opening and Identity Verification
2. Method for Opening Additional Accounts – Deposit to hold multiple accounts simultaneously
3. Conditions under which a monthly account maintenance fee of 10 dollars is incurred
Attention to server connection errors
4. Brands with frequent swap deliveries

Contact Us Here

1. Method of Account Opening at FXGT

FX broker FXGT completes the process once you register on the account opening page and set up both MT4 and MT5 accounts via the My Page (Client Portal).

Click here to open an FXGT account

1. Proceed from the account opening page
2. Login to My Page
3. Press the account opening button
4. Choose your preferred account type and leverage
5. Account opening is completed

Go to the account opening page

Verify your identity at FXGT (Complete KYC)

At FXGT, it is necessary to upload your personal identification documents via the member page for account opening.

1. Login to My Page
2. Go to settings via the gear icon
3. Enter personal information
4. Upload required documents

It’s okay to upload a photo taken with a smartphone camera if you cannot scan.

Proceed with identity verification here

2. How to open additional accounts with FXGT and the conditions

Opening additional accounts at FX broker FXGT is free for anyone.

Traders who want to open a second or subsequent new trading account should make a deposit.

A deposit of just one coin, 500 yen, is okay for opening additional accounts.

Open an additional account here

3. Pattern of a $10 monthly account maintenance fee

At FX broker FXGT, an account maintenance fee occurs on trading accounts that have not traded for over 90 days.

The account maintenance fee is automatically deducted monthly until the trading balance reaches zero, eventually leading to a dormant account (account freeze).

If you restart trading, check out the advantageous bonuses on the FXGT account opening campaign page!

4. Name of FXGT’s connection server

If you cannot log in to your trading account at FX broker FXGT, first check the connection server.

The connection servers were updated by MetaQuotes, changing the FXGT server name from 360Degrees-Live to FXGT-Live and others. (Added on March 9, 2020)

Open your first account here

5. Swap points occurring every four hours

At FXGT, swap delivery occurs every four hours for certain account types with cryptocurrency FX like Bitcoin, as well as some energy CFDs.

Energy Crypto Max: 03:00, 07:00, 11:00, 15:00, 19:00, 23:00 (server time GMT+3) daily every four hours.
DeFi Tokens Pro: 03:00, 07:00, 11:00, 15:00, 19:00, 23:00 (server time GMT+3) daily every four hours.

NFT Tokens Pro: 03:00, 07:00, 11:00, 15:00, 19:00, 23:00 (server time GMT+3) daily every four hours.

Check the specific instruments and rules for swap-free (zero swap) on the product page.

Experience trading for free with an FXGT demo account

At FX broker FXGT, one of the server options is FXGT-Demo. (Previously it was 360Degrees-Demo.)

Once you’ve opened a practice demo account for virtual trading, please select FXGT-Demo.

The demo account (free) is here

FXGT’s deposit and withdrawal methods

Here are the main payment methods for deposits and withdrawals to and from your FXGT FX account.

• Credit card
• Debit card
• Bank transfer (domestic remittance)
• ApplePay
• GooglePay
• SticPay
• bitwallet
• PerfectMoney
• FasaPay
• binancepay
• Cryptocurrency

At FXGT, deposit fees are generally free, and withdrawal fees are also free.

FXGT’s deposit methods

Below are the methods for depositing into your FXGT FX account.

Support for deposits and withdrawals via JCB card and JCB debit has begun. (Added February 2020)

Log in to FXGT’s My Page to check news and announcements related to deposits and withdrawals.

The deposit page is here

FXGT’s withdrawal methods

Below are the methods for withdrawing from your FXGT FX account.

Check the latest methods for deposits and withdrawals by logging into FXGT’s My Page.

First time at FXGT is here

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