FXGiants Forex Broker

FXGiantsReview SummaryFounded2009-09-07Registered Country/RegionBermudaRegulationclone firmMarket InstrumentsForex/Metals/Indices/Commodities/Stocks/FuturesDemo Account/LeverageUp to 1:1000SpreadFrom 0.0 pipsTrading PlatformMT4Min Deposit/Customer SupportPhone: +44 (0) 207 523 5394Email: support@fxgiants.comFXGiants Information FXGiants is a broker. The tradable instruments include forex, metals, indices, commodities, stocks, and futures. The broker also provides six accounts with a maximum leverage of 1:1000. The minimum spread is from 0.0 pips. FXGiants is still risky due to its clone firm status, high leverage, and bad reviews about wiping out profits.Pros and ConsPros Cons MT4 availableClone firm24/5 customer supportInaccessible official websiteVarious tradable instrumentsHigh max leverageSpread from 0.0 pipsNegative comments about wiping out profitsIs FXGiants Legit? FXGiants is regulated by FCA with license number 585561, but it is a clone firm.What Can I Trade on FXGiants? FXGiants offers more than 300 market instruments, including forex, metals, indices, commodities, stocks, and futures.Tradable Instruments Supported Forex✔Metals✔Indices✔Commodities✔Stocks✔Futures✔Shares❌ETFs❌Cryptocurrencies❌Bonds❌Mutual Funds❌Account Type FXGiants has six account types: Live Floating Spread, Live Fixed Spread, Live Zero Fixed Spread, STP/ECN No Commission, STP/ECN No Commission, and STP/ECN Absolute Zero. Traders who want low spreads can choose Live Zero Fixed Spread and STP/ECN Zero Spread accounts, while those who want low leverage can open STP/ECN No Commission, STP/ECN Zero Spread, and STP/ECN Absolute Zero accounts.Account Type Live Floating SpreadLive Fixed SpreadLive Zero Fixed SpreadSTP/ECN No CommissionSTP/ECN Zero SpreadSTP/ECN Absolute ZeroSpreads from1.0 pips1.3 pips0.0 pips1.7 pips0.0 pips0.2 pipsCommissionNoNo$9 per lot per sideNo$3.75 per lot per sideNoLeverage up to1:10001:10001:5001:2001:2001:200Trade from0.01 Lots0.01 Lots0.01 Lots0.01 Lots0.01 Lots0.01 LotsBonusesAvailableAvailable----FXGiants Fees The spread starts from 0.0 pipsand the commission is from 0. The lower the spread, the faster the liquidity.Leverage The maximum leverage is 1:1000 meaning that profits and losses are magnified 1000 times.Trading Platform FXGiants cooperates with the authoritative MT4 trading platform and provides PMAM and VPS Hosting services. Junior traders prefer MT4 over MT5. MT4 provides various trading strategies and implements EA systems.Trading PlatformSupported Suitable for MT4✔Junior tradersDeposit and Withdrawal FXGiants accepts Visa, Wire Transfers, etc. for deposit and withdrawal. However, the official website is inaccessible, so transfer processing times and associated fees are unknown.