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FXGT.com Forex Broker provides real users with 5 positive reviews, 1 neutral reviews and 39 exposure review!

FXGT.com Broker Review

6.75

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Full License

Risk Control

Risk Manage

FXGT.com Review 45

Latest All(45) Positive(5) Neutral(1) Exposure(39)
Exposure
They set my balance to 0 and deleted my members

Hello While I was trading with gold in Forex and I was in a profit position in my account, they suddenly deleted the credit and sent me an e-mail stating that I was abusing the negative balance protection. I closed my transactions and responded to their request. I do not think that I made any mistakes or mistakes. All my transactions were always in a profit position. There was no decrease in which I could use the bonus. Then they examined my account and 6 days later they sent me an e-mail saying that I had broken the rules. They reduced the balance in my account to 0 and closed my account. I asked them to provide me with evidence indicating which or where I made a mistake or abused it, but they did not.

ihsancunedioglu
2024-04-09
Exposure
They suspended my membership and reset my balance

Hello, while I was trading with gold in Forex and I was in a profit position in my account, they suddenly deleted the credit and sent me an e-mail, stating that I was abusing the negative balance protection. I closed my transactions and responded to their request. I do not think that I made any mistakes or mistakes. All my transactions were always in a profit position. There was no decrease in which I could use the bonus. Then they examined my account and 6 days later they sent me an e-mail saying that I had broken the rules. They reduced the balance in my account to 0 and closed my account. I asked them to provide me with evidence indicating which or where I made a mistake or abused it, but they did not.

ihsancunedioglu
2024-04-09
Exposure
I deposited money and won many trades so my account was suspended

I deposited money into the transaction, when I reached tp I withdrew my money. On the second withdrawal, the exchange sent me a gmail as shown in the photo, and did not pay me both principal and profit, this is blatant robbery.

huy1824
2024-03-27
Exposure
Close account and deduct profits

I trade on this broker with mt5 account: 866554 balance of 2668 usd mt5: 866679 balance of 624.5 usd They deducted all the profits I earned from the above 2 accounts for the very general reason that I violated the law according to their policy.

huy duong8157
2024-03-06
Exposure
The exchange deletes accounts for unjustified reasons

I trusted trading on fxgt.com mt5 account: 866554 on March 5, 2023. I deposited 1000 USD into the exchange and the transaction was profitable. When I withdrew money, it was rejected and my mt5 account was deleted. My mt5 account: 86679 still has orders on the exchange but the exchange has deleted my account.

huy8226
2024-03-06
Exposure

FXGT HAS COMMITTED A FRAUD I MADE A WITHDRAWAL ONLY IN PENDING IT WAS NEVER PROCESSED!! AND THE AGENT'S SUPPORT CHAT TIME WAS NOT FRIENDLY ASKED TO FOLLOW UP BUT THE RESPONSE WAS NOT WANT TO FOLLOW UP TO THE DEPARTMENT! PLEASE BE CAREFUL WITH THIS SCAMMER BROKER

MASRUR ALIMUDDIN
2023-12-04
Exposure
Scam

One of the fraudulent brokers under the guise of the license they have, stays away they will block your account after making a profit for irrational reasons, even mediation they don't want to respond because they are afraid

indomie
2023-10-22
Exposure

The account was blocked after one side made a profit - + $ 1200, they blocked my account on the grounds that the ID was invalid, obviously the ID was valid and I have used my ID at several brokers but I have never heard of complaints about invalid ID, I just want this case to be resolved in a fair way, the way FXGT wants to pay for all the profit I make, I don't care if my account there is blocked, it's just that I give the profit that I earned with difficulty.It was clear at the start that their account had been verified and when the profit reached over $1000 it turned into a block and they sent an invalid email ID, once again I don't care if my account is blocked, I just pay my profits.

indomie
2023-08-26

  

FXGT.com 2025 Review: Everything You Need to Know

  FXGT.com has garnered attention as a versatile forex and CFD broker since its establishment in 2019. Based on a comprehensive analysis of various reviews, the overall sentiment is mixed but leans towards positive, highlighting its low minimum deposit requirement and a wide array of trading instruments. However, concerns regarding customer service responsiveness and account restrictions in certain regions remain prevalent.

  Note: It is crucial to recognize that FXGT operates through different entities across various jurisdictions, which can significantly impact trading conditions and regulatory protections. This approach underscores the need for traders to understand the specific regulations applicable to their region.

  

Ratings Overview

Category Rating (out of 10)
Account Conditions 8.5
Tools and Resources 6.0
Customer Service and Support 6.5
Trading Setup (Experience) 7.0
Trustworthiness 7.5
User Experience 7.0
Fees and Costs 8.0

  We evaluate brokers based on user reviews, expert analysis, and factual data from reliable sources.

  

Broker Overview

  Founded in 2019, FXGT.com is a regulated broker that offers a wide range of trading instruments, including forex, cryptocurrencies, commodities, and indices. The platform supports both MetaTrader 4 (MT4) and MetaTrader 5 (MT5), catering to various trading styles from beginners to advanced traders. FXGT is regulated by multiple authorities, including the Seychelles Financial Services Authority (FSA), the Financial Sector Conduct Authority (FSCA) in South Africa, and the Vanuatu Financial Services Commission (VFSC).

  

Detailed Review

  Regulated Geographic Areas:

  FXGT operates globally but is particularly active in regions such as South Africa, Seychelles, and Vanuatu. However, it does not accept clients from the United States, Canada, and several EU countries due to regulatory restrictions.

  Deposit/Withdrawal Currencies/Cryptocurrencies:

  The broker accepts deposits in multiple currencies, including USD, EUR, and various cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), and Tether (USDT). The minimum deposit requirement is as low as $5, making it accessible for most traders.

  Bonuses/Promotions:

  FXGT offers several promotions, including a 25% unlimited loyalty bonus on deposits and a no-deposit bonus for new clients. These promotions are designed to incentivize trading activity and reward loyal clients.

  Tradable Asset Classes:

  Traders can access a diverse range of assets, including over 40 forex pairs, cryptocurrencies, precious metals, and synthetic cryptocurrency pairs. This extensive selection allows traders to diversify their portfolios effectively.

  Costs (Spreads, Fees, Commissions):

  FXGT's cost structure is competitive, with spreads starting from as low as 0 pips on ECN accounts, although standard accounts may have higher spreads. The broker does not charge deposit or withdrawal fees, which is a significant advantage for cost-conscious traders. However, some users reported that average fees are higher compared to other brokers.

  Leverage:

  The broker offers high leverage options, up to 1:5000, which can be appealing for experienced traders looking to maximize their trading potential. However, this high leverage also comes with increased risk, particularly for novice traders.

  Allowed Trading Platforms:

  FXGT supports both MT4 and MT5 platforms, which are widely recognized for their robust features and user-friendly interfaces. The platforms facilitate automated trading through Expert Advisors (EAs) and provide advanced charting tools.

  Restricted Regions:

  FXGT does not provide services to residents in certain jurisdictions, including the USA, Canada, and EU member states. This restriction is essential for traders to consider when evaluating their eligibility to open an account.

  Available Customer Service Languages:

  Customer support is available in multiple languages, reflecting FXGT's commitment to catering to a global audience. However, some users have reported that the level of support can vary, particularly regarding response times.

  

Repeated Ratings Overview

Category Rating (out of 10)
Account Conditions 8.5
Tools and Resources 6.0
Customer Service and Support 6.5
Trading Setup (Experience) 7.0
Trustworthiness 7.5
User Experience 7.0
Fees and Costs 8.0

  

Detailed Breakdown

  •   Account Conditions (8.5/10): FXGT offers multiple account types, including mini, standard, pro, and ECN accounts, catering to different trading needs. The low minimum deposit requirement makes it appealing for new traders.

  •   Tools and Resources (6.0/10): While FXGT provides access to MT4 and MT5, the educational resources are somewhat limited, lacking extensive training materials for beginners.

  •   Customer Service and Support (6.5/10): Customer support is available 24/7, but users have reported mixed experiences regarding responsiveness and effectiveness.

  •   Trading Setup (7.0/10): FXGT's trading environment is generally user-friendly, although some users found the interface complex, especially when navigating advanced features.

  •   Trustworthiness (7.5/10): Being regulated by multiple authorities adds a layer of trust, but the absence of compensation schemes like those in the UK or EU raises some concerns.

  •   User Experience (7.0/10): Overall user experience is positive, with a clean interface and good execution speeds, but some users expressed concerns about complex fee structures.

  •   Fees and Costs (8.0/10): The absence of deposit and withdrawal fees is a significant advantage, but the average trading fees may be higher than competitors.

  •   In summary, FXGT.com presents a robust trading platform with a variety of features, but prospective traders should carefully evaluate their individual needs and regional regulations before opening an account.