FXGT's Wide range of accounts for every need on MT4, MT5 platforms. Table of Contents
FXGT
FXGT is an international broker that places a fundamental emphasis on innovation. The broker’s primary goal is to provide customers with a clear and straightforward investment environment, rich in state-of-the-art features, a wide range of tools, and cost-effective trading costs to maximize the benefits of any operation. Furthermore, being regulated by numerous regulatory bodies, the service offered is not only safe and transparent but also efficient. Of particular note is the minimum deposit required to open an account; for any selected account type, the minimum deposit for activation is only $5. This characteristic reflects an approach to customer relations based on mutual trust and total transparency.
- No Swap costs on Gold and Indices.
- Deposits and withdrawals with no commissions.
- Spreads starting from 0 pips.
- Almost negligible minimum deposit, only $5 for all available accounts.
- Dynamic leverage up to 1:1000.
- Efficient and professional support 24/7.
- Innovative Instruments.
- Over 1000 instruments available for trading, a wide range of technologically advanced services and features to structure effective strategies, market research tools for informed insights, and interesting promotional initiatives created to encourage and support customers.
- Transparency and Security.
- Being regulated by multiple regulatory bodies, the broker ensures a safe and clear service to traders worldwide: Vanuatu Financial Services Commission (VFSC), Financial Sector Conduct Authority (FSCA), Cyprus Securities and Exchange Commission (CySEC), Financial Services Authority (FSA). Customer funds will be held in separate accounts from the company, and every trader can withdraw any desired amount quickly and securely.
- Compatible Choice.
- By offering a wide range of accounts, the broker allows customers to choose the account that best suits their trading style and needs.
Types of Accounts Offered
The list of accounts available with FXGT is structured to meet any need. Depending on experience level, capital to invest, or risk appetite, customers can choose an account compatible with their style and invest to their maximum capacity. As mentioned, the minimum deposit required for activation is the same for all account types. Traders can easily register and start trading in global markets with just a $5 deposit. The available account types are:
- PRO Account.
- ECN Account.
- Mini Account.
- Standard+ Account.
Please note that trading conditions, account types available, and instruments may vary depending on the trader’s country of origin. For more information, customers can contact the support team, which is always available for assistance.
PRO Account
The PRO account is primarily designed for experienced traders. Professionals who require advanced tools and special trading conditions to structure accurate and effective strategies. Some features of the account include spreads starting from 5 points, no trading commission, and swap-free trading.
Features | PRO Account |
---|---|
Contract Size | 100,000 |
Available Instruments | FX Pairs, Stock Indices, Metals, Energies, Stocks |
Spread | Variable, starting from 5 points |
Commission – Deposit/Withdrawal Fees | None |
Maximum Dynamic Leverage | Up to 1:1000 (varies based on trading volume) |
Minimum Required Deposit | $5 |
Available Promotional Offers | None |
Minimum Trade Size | 0.01 lots |
Maximum Trade Size | 200 lots |
Maximum Volume Limit | 200 lots |
Available Currencies | USD, EUR, JPY |
Trading Platforms | MT5 – MT4 Desktop, Web, Mobile Devices |
Order Execution | Market Execution |
Margin Call | 50% |
Stop Out | 20% |
Swap-Free Days Compensation | FX Majors and Minors, Metals, Stock Indices, Energies: 6 days – FX Exotics, Stocks: 0 days |
Swap-Free Account Option (for Islamic clients) | Available |
Limit and Stop Levels | Yes |
Maximum Position Limit | 200 |
Maximum Pending Order Limit | 200 |
Negative Balance Protection | Available |
ECN Account
With raw spreads and authentic market conditions offered, the ECN account is ideal for high-volume traders. By utilizing ECN technology, the customer can access the real price of the instrument they intend to trade. The account includes innovative tools for creating well-structured investment plans and excellent risk management. Customers can trade with spreads starting from zero and trading commissions up to $6.
Features | ECN Account |
---|---|
Contract Size | 100,000 |
Available Instruments | FX Pairs, Stock Indices, Metals, Energies, Stocks |
Spread | Variable, starting from zero points |
Commission – Deposit/Withdrawal Fees | Up to $6 for all FX asset classes – Up to $5 for precious metals |
Maximum Dynamic Leverage | Up to 1:1000 (varies based on trading volume) |
Minimum Required Deposit | $5 |
Available Promotional Offers | None |
Minimum Trade Size | 0.01 lots |
Maximum Trade Size | 200 lots |
Maximum Volume Limit | 200 lots |
Available Currencies | USD, EUR, JPY |
Trading Platforms | MT5 – MT4 Desktop, Web, Mobile Devices |
Order Execution | Market Execution |
Margin Call | 70% |
Stop Out | 40% |
Swap-Free Days Compensation | Gold, Stock Indices: 3 days – FX, Energies, Stocks: 0 days |
Swap-Free Account Option (for Islamic clients) | Available |
Limit and Stop Levels | Yes |
Maximum Position Limit | 200 |
Maximum Pending Order Limit | 200 |
Negative Balance Protection | Available |
Mini Account
Given its characteristics, the Mini account is suitable for both beginner traders and customers looking to test the offered service without committing too many funds. It is a low-risk account that allows newcomers to invest in micro lots across a wide range of instruments with extremely affordable trading costs. There are no trading commissions, spreads start from 10 points, and attractive promotional offers will enable customers to trade effectively.
Features | Mini Account |
---|---|
Contract Size | 10,000 |
Available Instruments | FX Pairs, Stock Indices, Metals, Energies, Stocks |
Spread | Variable, starting from 10 points |
Commission – Deposit/Withdrawal Fees | None |
Maximum Dynamic Leverage | Up to 1:1000 (varies based on trading volume) |
Minimum Required Deposit | $5 |
Available Promotional Offers | Available |
Minimum Trade Size | 0.01 lots |
Maximum Trade Size | 200 lots |
Maximum Volume Limit | 500 lots |
Available Currencies | USD, EUR, JPY |
Trading Platforms | MT5 – MT4 Desktop, Web, Mobile Devices |
Order Execution | Market Execution |
Margin Call | 70% |
Stop Out | 40% |
Swap-Free Days Compensation | All instruments: 0 days |
Swap-Free Account Option (for Islamic clients) | Available |
Limit and Stop Levels | Yes |
Maximum Position Limit | 150 |
Maximum Pending Order Limit | 50 |
Negative Balance Protection | Available |
Standard+ Account
Structured to be compatible with any category of trader, the Standard+ account is the right option to start trading with the broker, taking full advantage of every available instrument and feature. The account offers trading conditions that, regardless of the level of experience and style, allow for effective and speedy market interactions. There are no trading commissions, and spreads start from 10 points.
Features | Standard+ Account |
---|---|
Contract Size | 100,000 |
Available Instruments | FX Pairs, Stock Indices, Metals, Energies, Stocks |
Spread | Variable, starting from 10 points |
Commission – Deposit/Withdrawal Fees | None |
Maximum Dynamic Leverage | Up to 1:1000 (varies based on trading volume) |
Minimum Required Deposit | $5 |
Available Promotional Offers | Available |
Minimum Trade Size | 0.01 lots |
Maximum Trade Size | 100 lots |
Maximum Volume Limit | 200 lots |
Available Currencies | USD, EUR, JPY |
Trading Platforms | MT5 – MT4 Desktop, Web, Mobile Devices |
Order Execution | Market Execution |
Margin Call | 70% |
Stop Out | 40% |
Swap-Free Days Compensation | Forex, Metals, Stock Indices, Stocks: 0 days |
Swap-Free Account Option (for Islamic clients) | Available |
Limit and Stop Levels | Yes |
Maximum Position Limit | 100 |
Maximum Pending Order Limit | 100 |
Negative Balance Protection | Available |
Open a Standard+ Account with FXGT
Comparison of Available Accounts
With such a well-structured list of accounts, every trader can choose the most suitable option for their style and fully utilize every investment opportunity. By consulting the following comparative table, interested traders can easily identify the key differences of each account and select the one most compatible with their modus operandi.
Features | PRO Account | ECN Account | Mini Account | Standard+ Account |
---|---|---|---|---|
Contract Size | 100,000 | 100,000 | 10,000 | 100,000 |
Available Instruments | FX Pairs, Stock Indices, Metals, Energies, Stocks | FX Pairs, Stock Indices, Metals, Energies, Stocks | FX Pairs, Stock Indices, Metals, Energies, Stocks | FX Pairs, Stock Indices, Metals, Energies, Stocks |
Spread | Variable, starting from 5 points | Variable, starting from Zero points | Variable, starting from 10 points | Variable, starting from 10 points |
Commission – Deposit/Withdrawal Fees | None | Up to $6 for all FX asset classes – Up to $5 for precious metals | None | None |
Maximum Dynamic Leverage | Up to 1:1000 (varies based on trading volume) | Up to 1:1000 (varies based on trading volume) | Up to 1:1000 (varies based on trading volume) | Up to 1:1000 (varies based on trading volume) |
Minimum Required Deposit | $5 | $5 | $5 | $5 |
Available Promotional Offers | None | None | Available | Available |
Minimum Trade Size | 0.01 lots | 0.01 lots | 0.01 lots | 0.01 lots |
Maximum Trade Size | 200 lots | 200 lots | 200 lots | 100 lots |
Maximum Volume Limit | 200 lots | 200 lots | 500 lots | 200 lots |
Available Currencies | USD, EUR, JPY | USD, EUR, JPY | USD, EUR, JPY | USD, EUR, JPY |
Trading Platforms | MT5 – MT4 Desktop, Web, Mobile Devices | MT5 – MT4 Desktop, Web, Mobile Devices | MT5 – MT4 Desktop, Web, Mobile Devices | MT5 – MT4 Desktop, Web, Mobile Devices |
Order Execution | Market Execution | Market Execution | Market Execution | Market Execution |
Margin Call | 50% | 70% | 70% | 70% |
Stop Out | 20% | 40% | 40% | 40% |
Swap-Free Days Compensation | FX Majors and Minors, Metals, Stock Indices, Energies: 6 days – FX Exotics, Stocks: 0 days | Gold, Stock Indices: 3 days – FX, Energies, Stocks: 0 days | Any instrument: 0 days | Forex, Metals, Stock Indices, Stocks: 0 days |
Swap-Free Account Option (for Islamic clients) | Available | Available | Available | Available |
Limit and Stop Levels | Yes | Yes | Yes | Yes |
Maximum Position Limit | 200 | 200 | 150 | 100 |
Maximum Pending Order Limit | 200 | 200 | 50 | 100 |
Negative Balance Protection | Available | Available | Available | Available |
Dynamic Leverage 1:1000
It is important to note that the 1:1000 dynamic leverage offered by the broker varies with changes in investment volume. As a result, the usable leverage will automatically adapt based on the quantity of funds invested (type of instrument and risk percentage associated with each asset class).
Example of dynamic leverage adaptation on major forex pairs:
Levels | Volume (USD) | Available Leverage | Margin Percentage | Maximum Limit per Symbol (USD) |
---|---|---|---|---|
Level 1 | 0 – 800,000 | 1:1000 | 0.1 | 20,000,000 |
Level 2 | 800,000 – 2,500,000 | 1:500 | 0.2 | 20,000,000 |
Level 3 | More than 2,500,000 | 1:100 | 1 | 20,000,000 |
To fully understand all the characteristics and conditions of the dynamic leverage offered by the broker, the client can visit the official website and access the dedicated margin and leverage page.
Account Opening Process
Regardless of the trader’s country of residence and regulatory authority, the registration and account opening procedure remains the same. Interested individuals can choose the account that best suits their needs and open it within minutes. It’s important to remember that to successfully activate the account, the trader will need to go through a verification process, providing the required documentation to prove their identity.
To successfully open a new account and start investing, follow these simple steps:
- Step One:
- First, the trader should visit the official website and click on the “Sign Up Now” button located at the top right of the screen. On the new page, they will need to fill out the form with their name, surname, valid email, country of residence, and phone number. Click on “Sign Up Now.” After completing the form, the broker will send a confirmation email to the provided address.
- Step Two:
- By clicking on the verification link in the email, the trader can access their personal area and choose the type of account to open and the platform to use.
- Step Three:
- To activate the account, the client will need to undergo a verification process to prove their real identity and country of origin. To proceed, they must submit clear front and back photos of an identification document with a photo (driver’s license, ID card, passport) and a photo of a recent utility bill (electricity, gas, telephone, etc.).
- Step Four:
- Upon successful verification, the new client can make an initial deposit, access any available promotions (if applicable), and start investing.
MetaTrader 4 and MetaTrader 5 Platforms
FXGT allows clients to interact with the markets using two of the world’s best platforms: MetaTrader 4 and MetaTrader 5. These technologically advanced software solutions are carefully designed to enable traders of all categories to invest to the best of their abilities. They are user-friendly, come with a wide range of state-of-the-art tools and features, and can be installed on any desktop or mobile device.
A noteworthy feature of both platforms is their complete customization, allowing clients to adapt any parameter to their trading style, leading to improved market approaches and high-performance trading.
MT4
Undoubtedly, one of the most popular and widely used platforms in the world, MT4 offers an intuitive and user-friendly interface that is compatible with any level of experience and trading style. It features cutting-edge charts, tools for technical and fundamental analysis, free indicators, automated trading, and more.
- Versatile Structure:
- An intuitive, powerful, and highly versatile interface that provides access to a wide range of fully customizable functions and services.
- Expert Advisor (EA):
- The platform allows clients to use robots for automated trading. Through this innovative service, clients can use free Expert Advisors, create their own based on their needs, or alternatively, purchase one from the dedicated store.
- Hedging Support:
- Clients can manage risks accurately and trade both long and short positions on the same instrument.
- Various Timeframes:
- There are 9 available chart timeframes ranging from 1 minute to 1 month.
Trade on the MT4 Platform with FXGT
MT5
An improved version of the older MT4, MetaTrader 5 is a multi-asset platform offering updated tools and services for high-performance trading. While primarily designed for professional traders, the platform has gained popularity among less experienced traders due to its versatility and intuitiveness. In addition to the features available in MT4, MetaTrader 5 offers:
- High Execution Speed:
- Orders are executed almost instantly through an efficient 64-bit operating system.
- Wide Range of Indicators and Analysis:
- It includes 38 built-in indicators, 22 analytical tools, and 46 graphical objects.
- Test Before Execution:
- MT5 allows clients to test their trading strategies before using them in live trading—a valuable service for managing potential investments effectively.
- Market Depth:
- By unlocking up to 21 timeframes on charts simultaneously, clients can take advantage of greater market depth.
Trade on the MT5 Platform with FXGT
MT4 and MT5: Feature Comparison
In the following detailed comparison table, you can see the main features of the offered platforms. Every trader can choose the one that is most compatible with their style and level of experience.
Features | MT5 | MT4 |
---|---|---|
Available Markets | Forex, CFD, Stocks, Futures, Options | Forex, CFD |
Indicators | 38 | 30 |
Types of Pending Orders | 6 | 4 |
Order Execution Types | 4 | 3 |
Chart Timeframes | 21 | 9 |
Graphical Representation of Objects | 46 | 31 |
One-Click Trading | Available | Available |
Hedging | Allowed | Allowed |
Netting | Available | Not Available |
Integrated Economic Calendar | Available | Not Available |
Market Depth | Available | Not Available |
Reports | HTML and Open XML table formats | Tables |
Compatible Devices | Desktop, WebTrader, Android, macOS, iOS | Desktop, WebTrader, Android, macOS, iOS |
Invest in MT5 – MT4 platforms with FXGT
VPS Hosting
FXGT offers traders the opportunity to further enhance their trading conditions through the use of an innovative and reliable VPS server.
The VPS (Virtual Private Server) service involves the use of state-of-the-art high-speed servers, allowing traders to manage their operations 24/7 on MetaTrader platforms, even when offline. In practice, the server establishes a permanent connection between the trader’s platform (with active trades) and the network. This permanently eliminates issues related to downtime, connectivity problems, power outages, or hardware failures.
The service is completely free, and every trader can request it regardless of the account type. To use the server, you only need to meet the following requirements:
- Have a minimum initial capital of $3,000 (or the equivalent in another currency).
- Trade a minimum of 5 GTLots per month (1 GTLot = $100,000 USD trading volume).
To access the service, follow these steps:
- Enter the required information in the form (found on the dedicated service page).
- To complete the registration, send the form via email and click on the confirmation link sent by the broker in the subsequent email.
- View the PDF guide and enable the service on the MT5 platform.
The service is available only on the MT5 desktop version. In case the required criteria are not met, the VPS service will be suspended until further notice.
Invest on MT5 with FXGT VPS Hosting
Please check FXGT official website or contact the customer support with regard to the latest information and more accurate details.
FXGT official website is here.
Please click "Introduction of FXGT", if you want to know the details and the company information of FXGT.
(Forex Broker)
Comment by Hans
April 24, 2024
as I am trading here various assets, for me it's the most important feature. i mean, flexibility in tradable markets. i alternate trading styles, meaning that sometimes I trad...