Forex TG At a Glance
| Broker's Name | Forex TG |
| 🏛️ Headquarters | Melbourne, Australia |
| 📅 Year Founded | 2005 |
| ⚖️ Regulating Authorities | Australian Securities and Investment Commission (ASIC) |
| 🌐 Countries not accepted for trade | USA |
| 📌 Accounts | Alpha Plan Saver Plan Investor Plan VIP Plan |
| ☪️ Islamic account (swap-free) | Yes |
| 📒 Demo Account | No |
| ✴️ Institutional Accounts | No |
| 👨🏼💼 Managed Accounts | No |
| ⬆️ Maximum Leverage | 1:300 |
| 👉 Sign Up Bonus | No |
| 💰 Minimum Deposit | $1000 USD/ R16000 ZAR |
| 💳Fees | No Deposit or withdrawal fees |
| 💳 Deposit Options | Bank Wire Credit Card |
| 💳 Withdrawal Options | Bank Wire Credit Card |
| 📊 Platform Types | MetaTrader 4 |
| 📶 OS Compatibility | Mac, Microsoft Windows, Mobile, Web, iPhone |
| 📈 Tradable assets offered | Forex, CFDs, precious metals, energies and commodities |
| 💬 Languages supported on Website | English, Arabic, Chinese, Dutch, French, German, Italian, Japanese, Spanish, Hindi |
| 💬 Customer Support Languages | English, Arabic, Chinese, Dutch, French, German, Italian, Japanese, Spanish, Hindi |
| ⏲️ Customer Service Hours | 24 hours, six days a week |
| 🔎 Open an Account | 👉 Click Here |
Min Deposit
USD 1000
Regulators
ASIC
Trading Platform
MT4
Crypto
Yes
Total Pairs
0
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Choose your quick section of our Forex TG below.
Forex TG review – 19 key point quick overview:
Forex TG At a Glance- Forex TG Overview
- Forex TG Safety and Security
- Forex TG Sign-Up Bonus
- Forex TG Minimum Deposit
- Forex TG Demo Account
- Forex TG Leverage
- Forex TG Accounts
- Forex TG Market instruments
- Forex TG Fees, Spreads & Commissions
- Forex TG Deposit and withdrawal
- Forex TG Trading platforms
- Forex TG Current Popularity Trend
- Forex TG vs Exness vs XM – a Comparison
- Forex TG Customer Reviews
- Forex TG Pros and cons
- Forex TG Conclusion
- Forex TG Disclaimer
- Frequently Asked Questions
Forex TG Overview
According to research in South Africa, Forex TG, formerly FXTG, is an Australian online forex broker which aims to provide both traders and trading enthusiasts with the necessary tools to become successful brokers.
In order to facilitate this end, the company aims to make the forex trading experience an easy and simplified process through the provision of advanced trading platforms and excellent customer service.
Established in 2005, Forex TG has grown into a company that boasts many notable features which serve to truly differentiate it in the forex market.
Apart from an excellent customer support team and a wealth of educational resources, the company provides access to wide array of tradable assets available on some of the most popular platforms in the industry today.
Forex TG Safety and Security
Due to the high volatility of the forex market, which is the biggest financial market in the world today, many traders rely on regulated brokers to safeguard them against the fluctuating dynamics of the currency markets.
Typically, the regulation comes with a number of security measures designed to safeguard client funds, such as a compensation scheme, and regular audits.
Forex TG is an Australian-based broker authorized by the Australian Securities and Investment Commission (ASIC), an independent Australian government body that acts as Australia’s corporate regulator.
ASIC’s role is to enforce and regulate company and financial services laws to protect Australian consumers, investors and creditors.
As such, ASIC is one of the most reliable and reputable regulatory bodies in the financial industry, which provides security through strict oversight, the provision of a client compensation scheme, and the requirement of adequate liquidity levels by all of its on
Forex TG Sign-Up Bonus
Forex TG does not offer new traders a sign-up bonus or also known as a welcome bonus when signing up.
Forex TG Minimum Deposit
| ⭐ Features | ℹ️ Information |
| 💰 Minimum Deposit | $1000 USD / R16000 ZAR |
| 💳 Deposit / Withdrawal fees | None |
| 📊 Maximum leverage | 1:300 |
| 🔥 Bonus | none |
| ☎️ Customer support | 24/5 |
The minimum deposit amount required to register a Forex TG trading account is $1000. This minimum deposit is equivalent to R16000 ZAR at the current exchange rate between the South African Rand & United States Dollar.
Forex TG Demo Account
Forex TG does not offer a free demo trading account for beginners to practice forex trading in a 100% risk-free environment.
Forex TG Leverage
Leverage is a viral mechanism within the forex markets, which enables traders to maximize the potential profits through a loan, or advance, which is supplied by the broker.
In this way, traders have the option of placing larger speculative trades despite owning a smaller investment sum.
While leverage is a very useful tool, it comes with a higher risk factor, particularly for those seeking to use the mechanism for large investments.
It is for this reason that many regulators, particularly in the EU, decided to cap the maximum leverage which brokers operating under their jurisdiction could offer.
As an ASIC-regulated broker, Forex TG falls under Australian laws regarding leverage and is, therefore, able to offer higher ratios than many other brokers in the industry.
As such, Forex TG offers maximum leverage of 1:300, which is relatively high by industry standards today.
Min Deposit
USD 1000
Regulators
ASIC
Trading Platform
MT4
Crypto
Yes
Total Pairs
0
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Forex TG Accounts
| 💠Feature | 📈 Alpha Plan | 📈 Saver Plan | 📈 Investor Plan | 📈 VIP Plan |
| 📊 Minimum Deposit | $ 1000 USD / R 16000 ZAR | $ 10 000 USD / R 160000 ZAR | $ 25000 USD / R 400000 ZAR | $ 100 000 USD / R 1600000 ZAR |
| 💵 Fees | No Deposit fees / No withdrawal fees | No Deposit fees / No withdrawal fees | No Deposit fees / No withdrawal fees | No Deposit fees / No withdrawal fees |
| 💳 Leverage | 1:300 | 1:300 | 1:300 | 1:300 |
| 👉 Open an Account | 👉 Click Here | 👉 Click Here | 👉 Click Here | 👉 Click Here |
Many brokers aim to offer a versatile range of accounts in order to cater for the myriad types of traders which populate the forex market today.
These accounts are usually designed in such a way as to cater for as many experience levels and trading styles and often come with various different pros and cons, and fee structures.
The Islamic Account is swap-free, and is therefore designed specifically in order to be Sharia compliant, under which the charging of interest is forbidden.
The broker also offers protected accounts, on which all losses are covered for the duration of 30 days. In this time, all losses will be refunded, and all profit is kept by the client.
Forex TG also offers prospective traders the option of a free demo account, which can be used by newbie traders to become better acquainted with the various aspects of forex trading before signing up for a live trading account.
A demo account is a mock account that mimics the setup of a live trading account and is funded with virtual money. In this way, traders can also become familiarized with the broker’s account features before opening a live trading account.
How to open an Forex TG account
1. Step 1 – Register an account
To register an account with Forex TG, navigate to the website and select the “Register” option. Provide your government ID number, email address and mobile number, agree to the terms and conditions, after having read them thoroughly, click Register
2. Step 2 –Account Verification
Forex TG will verify your account details, which takes approximately 24 hours
3. Step 3 –Make a deposit
Once you have then logged in and select your preferred account type, deposit funds, and start trading.
Forex TG Market instruments
Forex TG offers an impressive selection of market instruments, boasting over 180 symbols on offer to trade, from Forex, CFDs, indices and commodities.
Forex TG also offers an auto trading facility with over 200 professional traders to choose from that will execute trades on a client’s behalf.
Added to this, the broker boasts a world-class dealing room comprised of market professionals.
The dealing room is accessible 24 hours a day and its goal is to facilitate budding traders with responses to questions and deal with any technical issues that may arise.
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Forex TG Fees, Spreads & Commissions
Forex TG offers variable and competitive spreads which start as low as 1 pip, though this is somewhat countered by a relatively high initial deposit requirement of $ 1000. The broker does not provide an account opening deposit bonus.
The broker makes a profit purely from the spread, and therefore offers commission-free trading.
Forex TG Deposit and withdrawal
As already noted, the minimum deposit requirement for all of Forex TG’s accounts is $ 1000, which is relatively high.
The broker does not offer some of the more popular deposit and withdrawal methods, such as Neteller and Skrill. Deposits and withdrawals can only be made through bank wire and credit card money transfer.
Forex TG Trading platforms
Forex TG only offers one type of trading platform, namely the highly popular MetaTrader4. Though the selection might seem limited, MetaTrader4 covers just about every trading requirement across a range of levels and strategies.
As one of the most popular platforms in the forex industry, MetaTrader 4 comes inbuilt with excellent analytics tools, charting capabilities, and fast execution for a range of tradable instruments.
Most traders will find everything they need using MT4, which is most likely the reason the Forex TG has opted to remain with a tried and true option favored by most.
Forex TG Current Popularity Trend
According to Google Trends, here is an overview of how frequently the search term – “Forex TG” is entered into Google’s search engine over a given period of time.
Forex TG vs Exness vs XM – a Comparison
| 🔎 Broker | 🥇 Forex TG | 🥈 Exness | 🥉 XM |
| Established | Established in 2005 | Established in 2008 | Established in 2009 |
| 💵 Min. Deposit | $1000 USD / R16000 ZAR | $1 USD / R16 USD | $5 USD / R80 ZAR |
| 💳 Inactivity Fee | No | Yes | Yes |
| ☪️ Islamic Account | 📌 Yes | Yes | Yes |
| 🎉 Demo Account | Yes | Yes | Yes |
Forex TG Customer Reviews
Forex TG is a Forex TG site scamspany that steals and…
Forex tg is a company that steals and defrauds poor people. They took $ 1,000 from me eight months ago as an investment and only gave me money for a month. After that, they did not respond to me at all. The site administrator is an Iranian fugitive swindler named Arash Hamidi. He fled Iran for theft and fraud.
Scam!
Scam!Be aware the domain .pro!
The site was designed by cezar.ir which is in Iran and the contact info claims host is in US! Residents of both countries aren’t allowed to take part in forex! There is no direct access such phone number or even live chat!
The Seo Of site is Alive, Payment is…
The Seo Of site is Alive , Payment is Active and New Users Are Increase
Forex TG Pros and cons
| ✔️ Pros | ❌ Cons |
| 24 Hour customer trading room | No U.S. clients |
| No commission, high leverage 1:300 | High minimum deposit |
| Excellent mobile trading platform |
Forex TG Conclusion
Forex TG provides currency traders with commission-free, tight pip-spreads as well as online real-time market prices.
The broker has developed strong relationships with the world’s leading banks and therefore is able to provide its customers with the most competitive rates around.
As such, the company’s primary focus has been and will continue to be honesty, integrity and professionalism.
Forex TG provides their traders with direct access to trade in the foreign exchange market through the world’s leading, most advanced, developed and user-friendly online trading platforms: Meta Trader 4.
The broker’s multi-lingual customer service division and dealing room is open 24 hours a day, 6 days a week.
Forex TG supports online trading via download, web, mobile or phone trading, and its clients can therefore choose which type of trading best suits them.
Forex TG’s Partner Program offers the opportunity to be affiliated with it in four different ways: affiliate, independent broker, money manager, white label. The commission structures are competitive, and the support is one of a kind.
Min Deposit
USD 1000
Regulators
ASIC
Trading Platform
MT4
Crypto
Yes
Total Pairs
0
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Forex TG Disclaimer
CFDs and Forex are not only complex instruments, but they also have a high level of risk which may result in loss of funds that exceed the trader’s initial deposit.
Traders need to evaluate their objective, level of risk exposure and willingness to be exposed to risks, according to research done in South Africa.
Frequently Asked Questions
Is Forex TG a fake or scam?
Forex TG is not regarded as a fake or scam as it adheres to regulation by the Australian Securities and Investments Commission in Australia.
What is the overall rating out of 10 for Forex TG?
The overall rating for Forex TG is 8/10
How many instruments can I trade with Forex TG?
Forex TG offers an impressive selection of market instruments, boasting over 180 symbols on offer to trade, from Forex, CFDs, indices and commodities.
Which platforms are supported by Forex TG?
Forex TG supports the ever-popular MetaTrader4
Does Forex TG offer leverage?
Yes, Forex TG offers maximum leverage of 1: 300
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