FXBTG Forex broker specializes in providing foreign exchange trading services, the company's official website https://user.fxbtg.net/#/register, the company's legitimate regulatory information AustraliaASICAppointed Representative(AR), to enhance the security of the company's address Suite 911 Sapphire Apartments, 76 Wakefield Street, Auckland Central, Auckland, 1010, New Zealand.
Note: FXBTG's official website - https://www.asia-fxbtg.com/ is currently inaccessible normally.
FXBTG Review SummaryFXBTG, established in 2014 and registered in New Zealand, is a forex and CFD broker that offers trading in Forex, CFDs on indices, metals,cryptocurrencies, and Futures. The broker is regulated by ASIC. FXBTG provides trading services on the MetaTrader 4 platform and its own FXBTG App. However, it seems that its website cannot be reached currently.
Pros | Cons |
Regulated by ASIC | Non-functional website |
A wide range of products | Limited info on trading fees |
Demo accounts available | No popular payment options |
Diverse account types | |
Flexible leverage ratios | |
MT4 platform |
Regulated Country | Regulated Authority | Current Status | Regulated Entity | License Type | License Number |
The Australian Securities and Investments Commission (ASIC) | Regulated | FXBTG FINANCIAL PTY LTD | Appointed Representative (AR) | 001304372 |
On FXBTG, you can trade with Forex, CFDs on indices, metals, cryptocurrencies, and Futures.
Tradable Instruments | Supported |
Forex | ✔ |
CFDs | ✔ |
Indices | ✔ |
Metals | ✔ |
Cryptocurrencies | ✔ |
Futures | ✔ |
Stocks | ❌ |
Bonds | ❌ |
Options | ❌ |
ETFs | ❌ |
Account Type | Min Deposit | Liquidation Ratio | Single Transaction | Transaction Fee |
MINI | 500 USD | 0.2 | 0.01 - 30 | ❌ |
STD | 2 000 USD | 0.3 | 0.01 - 30 | ❌ |
VIP | 5 000 USD | 0.5 | 0.1 - 30 | ❌ |
FXBTG also offers a PRO professional account, but the minimum deposit requirement is as high as 20 000 USD.
The maximum leverage is up to 1:400. Though FXBTG offers flexible leverages, note that high leverage can amplify both profits and losses.
Account Type | MaxLeverage |
MINI | 1:100 |
STD | 1:400 |
VIP | 1:400 |
FXBTG claims to offer spreads as low as 0.1 pips, however, we didn't find any specific information about commission on their website.
Account Type | Avg EUR/USD Spread |
MINI | 11 |
STD | 9 |
VIP | 7 |
You can find more detailed info about spreads on other currency pairs in the screenshot below:
Trading Platform | Supported | Available Devices | Suitable for |
FXBTG App | ✔ | PC, mobile | / |
MT4 | ✔ | Windows, iOS, MAC, Android | Beginners |
MT5 | ❌ | / | Experienced traders |
FXBTG supports payments through Bipipay, Huobi, Binance, Clickpay, Paytrust, Hi pay, and Tether.
Chen Miyagi
Singapore
Margin requirements are fair and transparent.👍👍👍
Positive
2024-06-27
FX1496850438
Japan
I'm pretty happy with the low spreads and the variety of stuff I can trade. Setting up was a breeze, but getting a hold of their support team can be a bit of a drag sometimes. All in all, not a bad option if you're into trading different markets.
Neutral
2024-06-21
Juciee
Nigeria
FXBTG seems to be well-regulated and they offer a few different trading platforms to choose from. It's good to see a broker that prioritizes compliance and gives traders options when it comes to their trading environment.
Neutral
2024-07-17