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FXGT is one of many brokerage firms that promotes a passion for market trading. She talks about the great results of working with traders from different countries. On the main website you can read about attractive working conditions and numerous services, but what does the client get in reality? There are a lot of criminal organizations in the market that pretend to be professionals but mislead gullible beginners. This article will help to understand the honesty of the brokerage project, we will determine the real potential of cooperation with it.
What benefits does FXGT tell you about?
The fxgt.com site is filled with colorful pictures, but they were all downloaded from other sites. The resource looks very cheap and contains a minimum of useful information. The standard images of robots and computer systems can be seen here. The main advantages of the brokerage project are written in large font. Apparently, the office is trying to attract profane people who draw a conclusion from the first words they read.
Exchange intermediary FXGT points to numerous advantages, including:
- Competitive spreads from 0 pips. By paying a small commission, the stock player will be able to achieve a better bottom line.
- There is no fee for deposit withdrawal and replenishment. All money invested is transferred to the client’s card.
- At the first deposit a bonus of 100% of the starting capital is provided. The bonus program also applies to any time deposits. A trader can get up to 30% when re-funding.
- All client funds are held in secure banks. The representatives of the brokerage firm do not bother to clarify. They believe that it is enough to write a few words about reliability without mentioning specific banking structures.
- A trading account is opened in just a few seconds. The exchange player will not waste precious time on registration in the brokerage system.
It is worth remembering that all of these benefits have been described by brand representatives. As a rule, the creators of a brokerage web portal embellish reality or provide untrue information. To verify the above merits, you need to read the opinions of past and current customers. In addition, an international market participant can check the availability of documents, licenses and certificates.
Exchange trading with FXGT: a company with its own terminal
The broker offers to work on the popular terminal Metatrader 5. The platform is considered to be highly sought after and reliable. It provides quality data transmission and extensive functionality. You can make trading transactions both through a personal computer and through your phone. This software development provides free access when connected to any device.
Analytical tools play a special role in effective trading. The Metatrader 5 system provides 38 built-in indicators, 22 analytical tools and 46 graphical objects. A forex trader will utilize additional features that can significantly improve the bottom line. All graphical visualizations can be lined up on a one-minute interval. Analyzing a short time period allows you to select optimal entry points.
FXGT tariff list: broker with 3 accounts
The firm offers several account types to its clients. Each account provides its own advantages and disadvantages, which should be explored beforehand. Understanding his personal preferences, investment portfolio requirements and strategies, a trader can activate one of the presented tariffs.
| Account | Characterization |
| Cents | The contract size starts at $1 USD. A trader can only work with currency pairs, other instruments are not available. Spreads are about 19 points, commission deductions are completely absent. Leverage reaches a ratio of 1:1000. The client can use all promotions and bonus programs. |
| Mini | Entry threshold starting at $10,000. Among the instruments are currency pairs, indices, precious metals, energy resources. Spread level from 10 pips. The rest of the parameters are the same as the past tariff. |
| Standard | Allows you to start market trading from a $100,000 deposit. The trader gets at his disposal currencies, commodity contracts and contracts for price differences. Spread size from 0.5 pips. |
| ECN | The tariff provides for direct withdrawal of orders to the interbank market. Starts at $100,000. Spreads are from 0 pips and commissions are 10 American dollars each. |
At the moment, stock trading has gained immense popularity, and scammers are successfully using it to cover up a financial scam. Wishing to reduce the associated risks and save the initial capital, a trader should familiarize himself with the opinions of real clients. Positive and negative feedback will allow you to soberly assess the prospects of cooperation.
What is FXGT? Broker Reviews
Analyzing the brokerage company, it is worth noting the extremely low quality of the official website. As a rule, such cheap resources are used by scammers whose main goal is to steal other people’s money. Literally on every page of the web portal there is deception. The firm tries to appear to be a real professional in its business, while in reality it has nothing to do with global markets. She hides under the mask of a bona fide broker and siphons off financial resources from her own clients.
We do not recommend to cooperate with this company, because it does not confirm its high professional level. Without providing licenses, certificates and other legal documents, it is impossible to conduct professional activities on the world markets. The con office is the most common scam, which is not worth paying attention to. A trader should study each broker by reviewing its reputation before starting cooperation. Otherwise, there is a very high risk of falling into the trap of scammers.
