FXGT Review 2026
Established in 2019
•
Seychelles
• FSA Regulated
FXGT offers forex and CFD trading services with a 3.9/5 rating. Regulated by FSA, this broker offers spreads from 0.2 pips on EUR/USD with a minimum deposit of $5. Trade 200+ instruments including forex, CFDs, and more.
📊 FXGT Overview
FXGT is a well-established broker founded in 2019 headquartered in Seychelles. The broker operates under the supervision of FSA .
With access to 200+ tradable instruments including 50 forex pairs , FXGT caters to diverse trading strategies. The broker uses ECN execution .
| Legal Name | FXGT |
|---|---|
| Founded | 2019 |
| Headquarters |
Seychelles
|
| Primary Regulation | FSA (Tier 3 - Basic) |
| Instruments | 200+ assets |
| Min Deposit | $5 |
| Max Leverage | 1:1000 |
📖 FXGT — In-Depth Introduction
Founded in 2019, FXGT has spent the past 7 years building its trading infrastructure and client base. While FXGT is regulated by FSA, this offshore jurisdiction offers more limited investor protections compared to tier-1 regulators like the FCA or ASIC. FXGT positions itself as a premium choice for cost-conscious traders, with EUR/USD spreads averaging just 0.2 pips—significantly below the industry average of 1.0 pip.
Company Background
FXGT has been operating in the financial services industry for 7 years. Headquartered in Seychelles, the broker continues to build its reputation in the competitive online trading space.
The broker provides access to 200+ tradable instruments.
💸 FXGT Fees — Complete Cost Analysis
Trading costs at FXGT are exceptionally competitive, placing this broker among the most cost-effective options available. With EUR/USD spreads averaging 0.2 pips, active traders can significantly reduce their transaction costs compared to the industry average. FXGT operates on a spread-only model with no commission charges on standard accounts. This simplifies cost calculation—what you see in the spread is what you pay. To put this in perspective: trading 10 lots per month on EUR/USD at FXGT's 0.2 pip spread would cost approximately $20 in spread fees alone. Compare this to an industry-average broker at 1.0 pips, where the same volume would cost $100.
Trading Costs Breakdown
💡 Cost Calculator: FXGT
Non-Trading Fees
| Fee Type | FXGT | Industry Average |
|---|---|---|
| Deposit Fee | Free | Free - $25 |
| Withdrawal Fee | Varies by method | $0 - $50 |
| Inactivity Fee | None | $10-50/month |
Want to compare fees with other brokers?
⚖️ Compare🛡️ Is FXGT Safe? — Complete Security Analysis
FXGT's Trust Score of 65/100 suggests moderate safety levels. While basic protections exist, traders should carefully consider their risk tolerance. Fund protection at FXGT may be more limited than tier-1 regulated brokers. We recommend not depositing more than you can afford to lose.
Regulatory Framework
Limited investor protection. Exercise caution and only invest what you can afford to lose.
Security Features Checklist
Understanding the Trust Score
Our 65/100 Trust Score is calculated using 15+ safety factors including regulation, company history, financial transparency, and client fund protection.
📋 Methodology👤 Who Should Use FXGT?
✅ Best For
- Beginners will appreciate FXGT's low $5 minimum deposit, free demo account, and educational resources. The learning curve is manageable, making it suitable for those just starting their trading journey.
- Scalpers and high-frequency traders should consider FXGT for its 0.2 pip spreads and rapid execution. Every fraction of a pip saved adds up when executing dozens of trades daily.
- Muslim traders can benefit from FXGT's swap-free Islamic accounts, which comply with Sharia principles. No interest is charged on overnight positions.
- FXGT's copy trading functionality makes it ideal for passive investors who want market exposure without active management. Follow successful traders and replicate their strategies automatically.
❌ May Not Suit
- Traders prioritizing maximum safety may prefer tier-1 regulated alternatives with stronger investor protection schemes.
Looking for alternatives?
📝 The Bottom Line on FXGT
FXGT is a decent option worth considering with a 3.9/5 rating.
📈 FXGT Detailed Scores
Our expert team evaluates brokers across 8 key categories. Here's how FXGT performed in our rigorous testing:
FXGT is a decent choice but has areas that could be improved.
💰 FXGT Fees & Spreads
Understanding trading costs is crucial for profitability. FXGT uses a variable spread model with no commission on standard accounts. The average EUR/USD spread is 0.2 pips — one of the lowest in the industry.
📊 Typical Spreads
| Pair | Min | Average |
|---|---|---|
| EUR/USD | 0.2 | 0.2 pips |
| GBP/USD | 0.8 | 1.2 pips |
| USD/JPY | 0.6 | 1.0 pips |
| XAU/USD | 15 | 25 cents |
💳 Other Fees
| Commission (ECN) | No commission |
| Deposit Fee | Free |
| Withdrawal Fee | Free (method dependent) |
| Inactivity Fee | None |
| Swap-Free (Islamic) | ✓ Available |
💡 Trading Cost Example
Trading 1 standard lot (100,000 units) of EUR/USD with FXGT:
- Spread Cost: 0.2 pips × $10/pip = $2.0
- Commission: $0
- Total Cost: $2.0 per lot
🛡️ FXGT Regulation & Safety
FXGT is regulated by FSA, a Tier 3 - Basic regulatory authority. While regulated, traders should be aware that offshore regulation may offer less protection than tier-1 jurisdictions.
📜 Regulatory Licenses
🔒 Safety Features
- ✓ Segregated Client Funds
- ✓ Negative Balance Protection
- ✗ Investor Compensation
- — Publicly Traded
🎯 Trust Score: 65/100
Moderate Trust: FXGT meets industry standards for safety and regulation.
🖥️ FXGT Trading Platforms
FXGT offers 3 trading platforms, giving traders flexibility in how they access the markets. Mobile apps are also available for iOS and Android.
MetaTrader 4
The world's most popular forex platform. Ideal for beginners and algo traders with Expert Advisor support.
- ✓ Expert Advisors (EAs)
- ✓ Custom Indicators
- ✓ One-Click Trading
- ✓ Mobile & Desktop
MetaTrader 5
Advanced multi-asset platform with more timeframes, order types, and improved backtesting.
- ✓ 21 Timeframes
- ✓ Depth of Market
- ✓ Economic Calendar
- ✓ Multi-Asset Support
📋 Platform Comparison
| Feature | MT4 | MT5 | cTrader |
|---|---|---|---|
| Available | ✓ | ✓ | ✗ |
| Copy Trading | ✓ | ✓ | ✓ |
| Algo Trading | ✓ | ✓ | ✗ |
| VPS Available | ✓ Free VPS | ||
| API Access | Not available | ||
🌐 FXGT Tradable Instruments
FXGT offers access to 200+ tradable instruments across multiple asset classes. This includes 50 forex pairs .
👤 FXGT Account Types
FXGT offers various account types to suit different trading needs and experience levels. Demo accounts are available for practice. Swap-free Islamic accounts are also available for Muslim traders.
Practice with virtual funds
Compliant with Sharia law
Not available
Not available
Replicate successful traders
💳 FXGT Deposits & Withdrawals
FXGT requires a minimum deposit of $5 — one of the most accessible in the industry.
📥 Deposit Methods
- 💳Credit/Debit Cards
- 🏦Bank Wire Transfer
- 📱E-Wallets (Skrill, Neteller)
📤 Withdrawal Methods
- 💳Credit/Debit Cards
- 🏦Bank Wire Transfer
- 📱E-Wallets
⚖️ FXGT Pros & Cons
✅ Pros
- Ultra-low spreads from 0.2 pips on EUR/USD
- Regulated by FSA with investor protection
- Offers both MetaTrader 4 and MetaTrader 5 platforms
- Free demo account available for practice
- Low minimum deposit of just $5 makes it accessible
- Negative balance protection for retail traders
- Copy trading available for passive investing
- Swap-free Islamic accounts available
❌ Cons
- Offshore regulation offers less protection than tier-1 jurisdictions
- Limited educational resources for advanced traders
📚 FXGT Education & Research
FXGT's educational offerings are limited compared to some competitors.
Limited
Not available
Basic coverage
Available on trading platforms
🎧 FXGT Customer Support
FXGT offers customer support to assist traders with their queries.
⭐ FXGT User Reviews
📝 User reviews will be displayed here. Share your experience with FXGT!
Write a Review🏆 FXGT — Our Verdict
FXGT is a decent broker with some limitations. With FSA regulation, 0.2 pips EUR/USD spreads, and a $5 minimum deposit, this broker is particularly accessible for beginners .
Best for: Scalpers and high-frequency traders , Beginners with limited capital , Passive investors
⚠️ Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74-89% of retail investor accounts lose money when trading CFDs with this provider. Consider whether you understand how CFDs work and whether you can afford the high risk of losing your money.
❓ FXGT — Frequently Asked Questions
Is FXGT a safe and regulated broker?
Yes, FXGT is regulated by FSA, which is a Tier 3 - Basic regulatory authority. Client funds are kept in segregated accounts with negative balance protection.
What is the minimum deposit at FXGT?
The minimum deposit at FXGT is $5. This is considered low and accessible for beginners.
What trading platforms does FXGT offer?
FXGT offers the following trading platforms:
- MetaTrader 4 (MT4) — The most popular forex trading platform
- MetaTrader 5 (MT5) — Advanced multi-asset platform
- Web Platform — Trade directly from your browser
- Mobile Apps — Available for iOS and Android
What are FXGT's spreads on EUR/USD?
FXGT offers EUR/USD spreads with an average of 0.2 pips.
How long do withdrawals take at FXGT?
Withdrawal processing times at FXGT depend on the payment method:
- E-wallets: 0-24 hours
- Credit/Debit Cards: 2-5 business days
- Bank Transfers: 3-7 business days
Does FXGT offer a demo account?
Yes, FXGT offers free demo accounts with virtual funds so you can practice trading without risking real money. This is an excellent way to test the platform and develop your trading strategy.
What is FXGT's maximum leverage?
FXGT offers maximum leverage of 1:1000. However, note that leverage limits vary by region due to regulatory requirements:
- EU/UK/Australia: Up to 1:30 for major forex pairs (retail)
- Professional traders: Higher leverage may be available upon qualification
- Other jurisdictions: Leverage up to 1:1000 may be available
Higher leverage increases both potential profits and potential losses.
Can I use FXGT in ?
FXGT accepts traders from . The broker operates under FSA regulation. Always verify current availability and applicable regulations on the broker's website.
Does FXGT offer Islamic (swap-free) accounts?
Yes, FXGT offers Islamic (swap-free) accounts that comply with Sharia law. These accounts do not incur swap charges for positions held overnight. Contact FXGT's support to request an Islamic account.
What instruments can I trade with FXGT?
FXGT offers access to 200+ tradable instruments:
- 50 Forex currency pairs
