A FXGiants demo account is offered by FXGiants. The demo account is a free demo trading account for beginners to practice forex trading in a 100% risk-free environment. The FX Flat Demo account expires after 60 days.
| 🔎 Broker | 🥇 FXGIants |
| ☑️ Account | 🆓 Demo |
| 💰 Min. Deposit | None |
| 💻 Trading | Simulated |
| 💵 Currency | Virtual |
Min Deposit
USD 100
Regulators
FCA, ASIC
Trading Platform
MT4
Crypto
No
Total Pairs
0
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
FXGiants Demo Account – 6 key points quick overview:
FXGiants Overview- How to set up an FXGiants Demo Account – Step by Step
- FXGiants At a Glance
- FXGiants Pro and cons
- FXGiants Conclusion
- Frequently Asked Questions
FXGiants Overview
The FXGiants demo account is available on either the Live Floating Spread, Live Fixed Spread, or STP/ECN Absolute Zero accounts and can be opened with a choice of four currencies.
FXGiants’ demo account imitates the conditions of a live trading account and gives traders access to the same functions, features, and options they would have on a live trading account, with the exception that the demo account is risk-free since they make use of virtual funds to conduct their trading. Due to this, traders cannot withdraw any profits which are made on the demo account.
A demo account is also referred to as a practice account because it provides traders with the ability and freedom to explore a broker’s offering without running the risk of losing money, due to the provision of virtual money with which to ‘trade’.
Beginner traders can use a demo account to get acquainted with the live trading environment, where they can actively participate in trades and develop their own strategies.
Demo accounts are not intended for beginners only but provide more advanced traders an opportunity to explore what FXGiants has to offer.
How to set up an FXGiants Demo Account – Step by Step
1. Step 1: Register Live Account
Traders can open a demo account from start to finish on the FXGiants website. Select “Open Account” and follow the prompts. Will require an e-mail and password to complete the initial step and if more than one currency can be used, traders must select their preferred account currency.
FXGiants At a Glance
| Broker's Name | FXGiants |
| 🏛️ Headquartered | London, UK |
| 👋 Regulating Authorities | FCA and ASIC |
| 📎FCA | registration number 51491 |
| 🏦 Accounts | Live Floating Spread; Live Fixed Spread, Live Zero Fixed Spread; STP/ECN No Commision; STP/ECN Zero Spread; STP/ECN Absolute Zero |
| Countries not accepted for trade | Cuba, Iran, North Korea, Sudan, Syrian Arab Republic and the United State |
| 📅 Year Founded | 2015 |
| ☪️ Islamic account (swap-free) | No |
| 💹 Sign up Bonus | Yes |
| 👍 Demo Account | Yes |
| 📊 Institutional Accounts | Yes |
| 📊 Managed Accounts | No |
| 📈 Maximum Leverage | 1:50 |
| 💰 Minimum Deposit | $100 USD / R1600 ZAR |
| 💳 Deposit Options | Visa card, Bank Wire Transfer, Skrill, Neteller, UnionPay |
| 💳 Withdrawal Options | Visa card, Bank Wire Transfer, Skrill, Neteller, UnionPay |
| 💻 Platform Types | MetaTrader4 |
| 📱 OS Compatibility | Mac, Microsoft Windows, Android, iPhone, iPad, Web, Desktop |
| 📈 Tradable assets offered | CFD trading on over 200 assets including forex, spot metals, indices, commodities, stocks, shares, and futures |
| 👨💼 Languages supported on Website | English, Indonesian, Malay, Vietnamese, Thai, and Chinese. |
| 👥 Customer Support Languages | English, Czech, Vietnamese, Spanish, mandarin, Japanese, Indonesian, Malay, and Italian. |
| 📆 Customer Service Language | English and Spanish |
| 📆 Customer Service Hours | 24/5 |
| 🔎 Open an Account | 👉 Click Here |
FXGiants Pro and cons
| ✔️ Pros | ❌ Cons |
| Regulated by FCA and ASIC | Little educational tools |
| Demo accounts | No research tools |
| Variety of spreads on the different account types | Bonuses are not withdrawable |
| A no-deposit bonus allows new customers to start trading without depositing money | Does not offer binary options or cryptocurrency |
| Choice of trading accounts | Inactivity fees and commissions charged |
| Regulation by multiple financial authorities | Limited additional trading tools |
| Islamic Account can be opened | Narrow choice of platforms |
| Zero spreads on some account types | Inactivity fees charged |
| Commissions charged on some accounts | Lack of peripheral content |
| VPS and AutoTrade service | |
| Demo accounts available on some account types | |
| Zero spreads on some account types | |
| Mobile platform | |
| MetaTrader4 |
FXGiants Conclusion
Overall, FXGiants offers traders a free demo trading account for beginners to practice forex trading in a 100% risk-free environment. The FXGiants Demo account expires after 60 days.
Min Deposit
USD 100
Regulators
FCA, ASIC
Trading Platform
MT4
Crypto
No
Total Pairs
0
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
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Frequently Asked Questions
Can traders from South Africa open a FXGiants demo account?
Yes, South African traders can open a FXGiants demo account.
Does FXGiants offer a demo account?
Yes, FXGiants offers demo accounts on the Live Floating Spread, Live Fixed Spread, or STP/ECN Absolute Zero accounts.
How long is the FXGiants demo account valid?
It is not indicated how long the demo account can be used.
Does FXGiants offer an Islamic Account?
Yes, FXGiants does offer an Islamic Account
What are the available deposit currencies for a live trading account?
USD, EUR, JPY and more, which is not stipulated.
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