Search

For more information about FXGT.com Forex Broker company profile, come to WikiBit!

Rating Index

WikiFX Detection

Software Index

Full License

Risk Control

Risk Manage

FXGT.com Company

  

FXGT.com Company Overview

  

Founding Date and Background

  FXGT.com is a relatively new player in the online trading industry, established in 2019. The company was founded with the mission of revolutionizing the trader experience by providing a robust trading platform that caters to both novice and experienced traders. FXGT aims to empower traders through competence, choice, access to diverse markets, and trust.

  

Parent Company/Ownership Structure

  FXGT.com operates under the ownership of Global GT, which is committed to maintaining high standards in trading and customer service. The company emphasizes transparency and security in its operations, ensuring that clients' interests are prioritized.

  

Headquarters Location

  The headquarters of FXGT.com is located in Room 12, First Floor, Kingsgate House, Victoria, Mahe, Seychelles. This location is strategic for its regulatory advantages and access to international markets.

  

Global Business Scope

  FXGT.com serves a global clientele, offering trading services in various regions, including Asia, Africa, and Europe. The platform is designed to cater to traders from diverse backgrounds, providing localized support in multiple languages.

  

Main Regulatory Bodies

  FXGT.com is regulated by several financial authorities, which include:

  • Seychelles Financial Services Authority (FSA)
  • South African Financial Sector Conduct Authority (FSCA)
  • Cyprus Securities and Exchange Commission (CySEC) (for institutional traders)
  • Vanuatu Financial Services Commission (VFSC)

  These regulatory bodies ensure that FXGT.com adheres to strict compliance and operational standards.

  Back to top

  

Company History and Development

  

Key Milestones

  Since its inception in 2019, FXGT.com has achieved several key milestones, including the launch of its trading platform and the introduction of various account types tailored to different trader profiles. The broker has quickly established itself as a reliable option in the competitive trading landscape.

  

Business Expansion Journey

  FXGT.com has experienced steady growth in its operations, expanding its offerings to include a wide range of financial instruments. The company's commitment to innovation has led to the development of proprietary tools and features that enhance the trading experience.

  

Customer Base Growth

  The broker has successfully attracted a diverse customer base, with traders from various regions taking advantage of its low minimum deposit requirements and extensive trading options. The platform's user-friendly design and educational resources have contributed to its growing popularity.

  

Platform Development History

  FXGT.com offers trading on two of the most popular platforms in the industry—MetaTrader 4 (MT4) and MetaTrader 5 (MT5). The broker continuously updates its technology and trading tools to ensure high-speed execution and a seamless trading experience.

  

Important Awards or Recognitions Received

  While FXGT.com is relatively new and may not have accumulated numerous awards, it has gained recognition for its commitment to customer service and innovative trading solutions. The broker has been positively reviewed by various trading communities and platforms.

  Back to top

  

Trading Services Offered

  

Forex Trading Options

  FXGT.com offers a comprehensive selection of over 60 currency pairs, allowing traders to engage in forex trading with various strategies. The platform supports both major and minor currency pairs, making it suitable for different trading styles.

  

Stock Trading Options

  In addition to forex, FXGT.com provides access to a variety of stocks. Traders can invest in shares from leading companies across multiple sectors, enhancing their portfolio diversification.

  

CFD Trading Products

  FXGT.com specializes in Contracts for Difference (CFDs), enabling traders to speculate on price movements without owning the underlying asset. The broker offers a range of CFD products, including indices and commodities.

  

Other Financial Instruments

  FXGT.com also caters to cryptocurrency enthusiasts by offering trading on popular digital currencies such as Bitcoin (BTC), Ethereum (ETH), and various synthetic cryptocurrencies. Additionally, the platform includes commodities and energy products, providing a comprehensive trading environment.

  

Special Services or Unique Advantages

  FXGT.com distinguishes itself through several unique advantages, including:

  • Low minimum deposit of just $5, making it accessible for beginners.
  • Dynamic leverage of up to 1:5000, allowing traders to maximize their potential returns.
  • Negative balance protection, ensuring that traders do not lose more than their initial investment.
  • No deposit or withdrawal fees, which enhances cost-effectiveness for users.

  Back to top

  

Regulatory and Legal Background

  

Detailed Regulatory Information

  FXGT.com is regulated by:

  • Seychelles Financial Services Authority (FSA)
  • South African Financial Sector Conduct Authority (FSCA)
  • Cyprus Securities and Exchange Commission (CySEC)
  • Vanuatu Financial Services Commission (VFSC)

  These regulatory bodies oversee the operations of FXGT.com, ensuring compliance with international standards.

  

  FXGT.com operates as a legal entity in multiple jurisdictions, which allows it to cater to a global audience while adhering to local regulations.

  

Client Fund Protection Measures

  To protect client funds, FXGT.com implements several measures:

  • Segregated accounts: Client funds are kept separate from the companys operational funds, ensuring that they are safeguarded.
  • Capital adequacy ratio: FXGT maintains a capital adequacy ratio of 40%, which is significantly higher than the typical requirements set by regulators.
  • Insurance: Clients and third parties are insured against financial loss up to €1,000,000.

  

Countries/Regions Served

  FXGT.com serves clients from various regions, including Asia, Africa, and parts of Europe. However, it does not currently accept clients from the United States or certain European countries.

  

Compliance History

  FXGT.com has maintained a clean compliance record since its establishment, adhering to the regulations set forth by the governing bodies.

  Back to top

  

Competitive Landscape

  

3-5 Main Competitors

  FXGT.com competes with several other brokers in the online trading space, including:

  • Exness
  • FBS
  • RoboForex
  • Eightcap
  • Pocket Option

  

Positioning in the Industry

  FXGT.com positions itself as a versatile broker that caters to both novice and experienced traders. Its low minimum deposit, extensive trading options, and innovative tools make it an attractive choice for a wide range of traders.

  

Market Differentiation Factors

  FXGT.com differentiates itself through:

  • Low minimum deposit requirements of $5, making it accessible for beginners.
  • High leverage options of up to 1:5000, appealing to more experienced traders.
  • Comprehensive trading tools and resources that enhance the trading experience.
  • Robust customer support available 24/7 in multiple languages.

  Back to top

  In conclusion, FXGT.com has established itself as a promising broker in the online trading industry, providing a diverse range of trading services while ensuring high standards of security and compliance. With its commitment to innovation and customer satisfaction, FXGT.com is well-positioned for future growth in the competitive landscape of online trading. For further information, please learn more.