FXGT Journal

Journal status: live
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FXGT Profile
Website
Year
2020
Country
Seychelles
Branches
1
Regulation
FSA Seychelles
Registration
FSA Seychelles, CySEC Cyprus
Investor protection
Fund protection
no
Publicly traded
no
Restricted in
Not serving
х Austria, Belgium, Bulgaria, Canada, Croatia, Cyprus, Czechia, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, North Korea, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, Us
Broker type
STP, DMA, ECN marketing
Dealing book
A-book
Tier
3
Execution speed
120 ms
LPs total
...
LPs quality
Tier-1 Banks
LPs names
not disclosed

FXGT Accounts
STP
ECN
Minimum Deposit
5 $
5 $
Leverage
1000 : 1
1000 : 1
Minimum Lot
0.01 lots
0.01 lots
EURUSD spread
10 pips
0 pips
Commission
0 $/lotRT
6 $/lotRT
Volume
200 lots
200 lots
Margin Call
70 %
70 %
Stop Out
40 %
40 %
Execution
Market
Market
Spread
floating
floating
Scalping
Unlimited
Unlimited
Deposit & Fees
Deposit methods
Bank Wire, Credit Card, Bitwallet, STICPAY
Base currency
USD, EUR, JPY
Segregated accounts
yes
Interest on margin
no
Inactivity fee
none
Update broker

Is FXGT safe?

  • Investor protection: no
  • Regulation: FSA Seychelles
  • Registration: FSA Seychelles, CySEC Cyprus
  • Publicly traded: no
  • Segregated account: yes
  • Guaranteed Stop Loss: no
  • Negative Balance Protection: yes

Is FXGT trusted?

  • Information transparency: sufficient ★★★
  • Customer service: not so helpful ★★
  • FXGT website: highly detailed, updated ★★★★★
  • FXGT popularity (by visitor count): top visited ★★★★★

How FXGT works


What is FXGT's dealing model?
We are an STP (Straight through processing), or an NDD (No dealing desk) broker providing Market Execution. Clients’ orders are automatically routed and executed to our liquidity providers at the best available bid/ask prices.


What is your execution model?
We offer Market Execution for all trading pairs, meaning that orders will be routed to our execution venues (liquidity providers) for price confirmation and returned back to you at the best available market price.

Do you allow scalping?
Yes, we allow scalping.

Do you allow News Trading?
Yes, we allow News Trading.


Liquidity aggregation refers to our advanced technology engine that automatically searches, gathers, and offers the most competitive price feeds that are available via a network of high-end liquidity providers.

Since FXGT cooperates solely with Tier 1 liquidity providers, we are able to offer fast and guaranteed execution of orders, regardless of volume and/or market volatility.


28.6 Ask Price: Shall mean the price at which the Company is willing to sell a financial instrument. As supplied by the Company’s’ market maker.
28.14 Contract for Difference (CFD):...The Company is not the counterparty to the CFD but merely acts as intermediary between the market maker and the Client.



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