FXGiants Journal

Journal status: live
FXGiants joined in | not yet
FXGiants Profile
Year
2015
Country
Bermuda
Branches
2
Regulation
not regulated
Registration
no
Investor protection
Fund protection
no
Publicly traded
no
Restricted in
Not serving
х Cuba, Iran, North Korea, Sudan, Syria, US
Broker type
MM, DMA, ECN marketing
Dealing book
A+B hybrid book, A-book
Tier
3
Execution speed
...
LPs total
...
LPs quality
...
LPs names
...

FXGiants Accounts
MM
ECN
Minimum Deposit
50 $
500 $
Leverage
1000 : 1
200 : 1
Minimum Lot
0.01 lots
0.01 lots
EURUSD spread
1 pips
0 pips
Commission
0 $/lotRT
7.5 $/lotRT
Volume
...
...
Margin Call
...
...
Stop Out
50 %
50 %
Execution
Market
Market
Spread
floating
floating
Scalping
yes
yes
Deposit & Fees
Deposit methods
Bank Wire, Credit Card, Debit Card, Bitwallet, Bitcoin, China UnionPay
Base currency
USD, EUR, AUD, JPY, CHF, PLN, HUF, CZK
Segregated accounts
yes
Interest on margin
no
Inactivity fee
after 3 months
Update broker

Is FXGiants safe?

  • Investor protection: no
  • Regulation: not regulated
  • Registration: no
  • Publicly traded: no
  • Segregated account: yes
  • Guaranteed Stop Loss: no
  • Negative Balance Protection: yes

Is FXGiants trusted?

  • Information transparency: sufficient ★★★
  • Customer service: not so helpful ★★
  • FXGiants website: semi-detailed, updated ★★★
  • FXGiants popularity (by visitor count): average ★★★

How FXGiants works



7.1 The Client understands and acknowledges that the Company will enter into transactions with the client as principal (counterparty) not as an agent and where the client holds an STP-ECN account the Company will nonetheless act on behalf of the Client in the capacity of agent for all STP-ECN Client Account Transactions. The Company will be the contractual counterparty to the Client.

7.5 The Company reserves the right at its own discretion, without the Client’s consent, due to risk management policies to transfer the Client’s execution to STP/ECN execution when the Client’s trading strategy, exposes the Company to greater risk than the Company can tolerate.

13.3 The Company reserves the right to modify the spread and the client may experience widened spreads and execution at the best available price under certain market conditions (for example, fundamental announcements, where there is a fast moving market or low liquidity).

13.4 The client who opens an STP-ECN account acknowledges that in case the Company transmits the client’s order to the Liquidity Provider(s) for execution, the order may be executed against the Liquidity Provider(s) or executed within the ECN of the Liquidity Provider(s).

The Company may charge mark-up or mark-down... The Company may alternatively agree to charge a commission or a combination of commission and mark-up or mark-down.


FXGiants offers no slippage as well as no re-quote policy with the opportunity to receive price improvements on pending orders.


What is the difference between STP/ECN and Real accounts?
Real accounts have instant execution that involves using requotes, while STP/ECN accounts have market execution with no requotes. Moreover, there is a difference in spreads because of the different liquidity providers.



Add new comment...