Overall, FXGiants can be summarized as a reliable, well-regulated broker that provides account options, Live Floating Spread; Live Fixed Spread, Live Zero Fixed Spread; STP/ECN No Commission; STP/ECN Zero Spread; STP/ECN Absolute Zero, with a minimum deposit amount of $100 USD / R1600 ZAR, and leverage ranging from 1:100 to 1:500.
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 |
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 Review – 20 key point quick overview:
FXGiants At a Glance- FXGiants Overview
- FX Giants Safety and Security
- FXGiants Sign Up Bonus
- FXGiants Minimum Deposit
- FXGiants Accounts
- FXGiants Demo Account
- FXGiants Islamic Account
- FXGiants Market instruments
- FXGiants Fees, Spreads, and Commissions
- FXGiants Deposit and withdrawal
- FXGiants Trading platforms
- Best Countries by Traders
- FXGiants vs Exness vs XM – a Comparison
- FXGiants Customer Reviews
- FXGiants Current Popularity Trend
- FXGiants Pro and cons
- FXGiants Conclusion
- FXGiants Disclaimer
- Frequently Asked Questions
FXGiants Overview
According to research in South Africa, FXGiants is a company founded in 2015 with headquarters in London, United Kingdom. It also has offices in Australia and Bermuda.
FXGiants is an international online trading broker and the trade name of Notesco Limited which is a company registered in Bermuda.
It provides access to over 200 trading instruments across various asset classes to both retail and institutional investors. It offers trading via six account types in the MetaTrader4 platform.
FX Giants Safety and Security
The FXGiants group is made up of three companies registered in Australia, Bermuda, and the United Kingdom. It trades under Notesco UK Ltd which is authorized and regulated by the Financial Conduct Authority (FCA) in the UK.
It is also registered in Bermuda and in Australia, it is regulated by the Australian Securities and Investments Commission (ASIC) and has an Australian Financial Services Licence (AFSL).
It is safe to trade with this broker as it is well regulated. Money is also kept in a segregated account with top-tier banks and the broker follows strict policies and procedures.
In addition, FXGiants is a member of the Financial Services Compensation Scheme (FSCS) so clients may be eligible to receive compensation in case of the inability or failure of the company to fulfill its financial obligations.
Clients from Cuba, Iran, North Korea, Sudan, the Syrian Arab Republic, and the United States are not accepted.
FXGiants Sign Up Bonus
FXGiants does offer a Sign-Up bonus or welcome bonus to new traders by only registering your account and verifying your email.
| 🔎 Broker | 🥇 FXGiants |
| 🎉 Sign Up Bonus | ✔️ Yes |
| 🤝 Training Programs | ❌ No |
| 🤝 Referral bonus | ❌ No |
| 🤝 Affiliate Program | ❌ No |
FXGiants Minimum Deposit
The minimum deposit amount required to register an FX Flat trading account is $100 USD. This minimum deposit is equivalent to R1600 ZAR.
| 🔎 Broker | 🥇 FXGiants |
| 💰 Minimum Deposit | $100 USD / R1600 ZAR |
| 🚀 Open an Account | 👉 Click Here |
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 Accounts
| 🔎 Account | 🥇 Live Floating Spread Account | 🥇 Live Fixed Spread Account | 🥇 Live Zero Fixed Spread Account | 🥇 STP/ECN No Commission Account | 🥇 STP/ECN Zero Spread Account | 🥇 STP/ECN Absolute Zero Account |
| 💰 Minimum Deposit | $100 USD /R1600 ZAR | $100 USD /R1600 ZAR | $100 USD /R1600 ZAR | $100 USD /R1600 ZAR | $100 USD /R1600 ZAR | $100 USD /R1600 ZAR |
| 💻 Multiple Trading Platforms | MetaTrader 4 | MetaTrader 4 | MetaTrader 4 | MetaTrader 4 | MetaTrader 4 | MetaTrader 4 |
| 💹 Commission | No Commission | No Commission | $9 per lot per side | No Commission | $3.75 per lot per side | No Commission |
| 🔧 Bonus | Bonus available | Bonus available | No Bonus | No Bonus | No Bonus | Futures, CFDs and Forex |
| ⚖️ Leverage | Leverage up to 1:1000 | Leverage up to 1:1000 | Leverage up to 1:500 | Leverage up to 1:200 | Leverage up to 1:200 | Leverage up to 1:200 |
| 📎Lots | Trade from 0.01 Lots | Trade from 0.01 Lots | Trade from 0.01 Lots | Trade from 0.01 Lots | Trade from 0.01 Lots | Trade from 0.01 Lots |
| 💱 Spread pips | 1.0 pips | 1.2 pips | 0.0 pips | 1.7 pips | 0.0 pips | 0.2 pips |
| 💱 Spread | Variable | Fixed | Fixed | Variable | Variable | Variable |
| 🚀 Open an Account | 👉 Click Here | 👉 Click Here | 👉 Click Here | 👉 Click Here | 👉 Click Here | 👉 Click Here |
How to open an FXGiants account
1. Step 1: Register Live Account
New clients complete the registration form on the links provided on the website and upload the documents required.
2. Step 2: “KYC” process
Similar to a bank, to register a forex trading account with FXGiants for the first time, you will be required to go through a basic “know your customer” process, which will allow FXGiants to verify your submitted details and ensure the safety of your funds and account details. As soon as the broker has verified your details you will be informed via email. You can then go ahead to fund the account you have chosen and start trading.
FXGiants Demo Account
FXGiants does offer a free demo trading account for beginners to practice forex trading in a 100% risk-free environment. The Fusion Markets Demo account expires after 60 days.
| 🔎 Broker | 🥇 FXGIants |
| ☑️ Account | 🆓 Demo |
| 💰 Min. Deposit | None |
| 💻 Trading | Simulated |
| 💵 Currency | Virtual |
FXGiants Islamic Account
FXGiants offers Islamic Swap-free trading on its trading account. FXGiants incur no swaps or interest charges on overnight positions. Swap-Free status is primarily activated upon request by the trader. This account selection is ideal for traders with Islamic Muslin Faith.
| 🔎 Account | 🥇 Swap-Free Account |
| 💰 CFD Instruments | Currency pairs, metals, indices, oil |
| 📈 Spreads | Variable & Fixed |
| 💵 Minimum Deposit (USD/ZAR) | $100 USD / R1600 ZAR |
| 🚀 Open an Account | 👉 Click Here |
FXGiants Market instruments
The most popular market instruments available from most brokers for trading include:
Forex
Forex trading describes the currency exchange market which refers to the global, decentralized marketplace where individuals, companies and financial institutions exchange currencies for one another at floating rates.
Commodities
Commodity markets offer many investment opportunities for traders. Soft commodities have been traded for centuries and plays a major role in portfolio diversification and risk management. Investing in contract-based tradable goods is a reliable way to mitigate risk during times of economic uncertainty.
Indices
Equity, or stock indices, are actual stock market indexes that measure the value of a specific section of a stock market. They can represent a specific stock market or a specific set of the largest companies of a nation.
Precious metals
The trading of gold and other precious metals, along with crude oil, copper or petroleum, are hard commodities that play a major role in the commodities market and are contract-based tradable goods.
Energy
The typical feature of energy prices is high volatility due to the influence of political and environmental factors, supply and demand, extreme weather conditions and global economic growth.
FXGiants offer CFD trading on over 200 assets that include: Forex; Spot metals; Indices; Commodities; Stocks; Shares; Futures
FXGiants Fees, Spreads, and Commissions
Cost and fees depend on different factors, like spread and margins, and FXGiants clients may also experience different fee structures according to their country or place of residence.
The spread of a currency pair is the difference between the bid and the asking rate. A pip represents the smallest increment that an exchange rate can move.
Margin is the amount of money required in your account in order to open a position. Margin is calculated based on the current price of the base currency against USD, the size (volume) of the position, and the leverage applied to your trading account.
FXGiants does not charge deposit or withdrawal fees but fees may be charged when using certain payment methods due to the banks used.
Depending on the account type spreads may vary. For example, on the Live floating spread account, spreads start from 1.0 pips and on the Live fixed spread account, it starts from 0.0 pips. A commission of $9 is charged per lot size on the fixed spread.
10 Best Forex Brokers in South Africa for 2025
Rank
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Review
Regulators
Min Deposit
Official Site
FXGiants Deposit and withdrawal
Accounts usually require a certain minimum initial deposit, which can be paid in several ways. Withdrawals can usually be done in the same ways, but sometimes differ.
| 🔎 Account | 🥇 Minimum Deposit Amount |
| 💰Live Floating Spread Account | $100 USD / R1600 ZAR |
| 💵 Live Fixed Spread Account | $1000 USD / R160 000 ZAR |
| 💵 Live Zero Fixed Spread Account | $1000 USD / R160 000 ZAR |
| STP ECN No Commission Account | $200 USD / R3200 ZAR |
| STP ECN Zero Spread Account | $500 USD / R8000 ZAR |
| STP ECN Absolute Zero Account | To open this account traders need to contact the broker first |
| 🚀 Open an Account | 👉 Click Here |
The following methods can be used to fund accounts and to execute withdrawals: Visa card; Bank Wire Transfer; Skrill; Neteller; UnionPay
Transaction limits, restrictions, and requirements for each payment method is indicated on the company’s website.
Funds deposited or withdrawn must be under the same name. The broker does not accept third-party payments.
Deposits and withdrawals are processed with reflected immediately into the client’s account with the exception of Bank wire transfer that can take between 2 to 5 business days.
For Visa cards, the currencies available are JPY, EUR, USD, GBP, and CHF. For Skrill and Neteller the currencies are EUR, USD, and GPS and for Bank Wire Transfers the currencies are USD, GBP, EUR, and JPY. For UnionPay, only CNY is allowed.
FXGiants Trading platforms
The forex trading platform provided by FXGiants to its clients is the software to carry out their trades. Some brokers provide only one, others quite a few platforms.
A multi-asset trading platform is one that allows clients to trade forex as well as other asset classes. The decision about which platform to choose will usually depend on what a client would like to trade.
FXGiants offer the renowned MetaTrader4 platform for all trading and it is available in English, Czech, Vietnamese, Spanish, Mandarin, Japanese, Indonesian, Malay, and Italian. It is available for desktops, Mac, Web Trader, Androids, iPhones, iPads, and tablets.
The MT4 trading platform is user-friendly, intuitive, and customizable, with charting tools and news, analysis reports, and financial calendars. It is the preferred trading platform for beginner and advanced traders.
FXGiants also offers MT4 Virtual Private Server (VPS) which allows clients to access their trading account from anywhere, anytime. It eliminates downtime and inserts speed to their trades.
Best Countries by Traders
| 🌎 Country of Trade | 📌 % of Traders |
| 🥈 Japan | 55.67% |
| 🥈 Bolivia | 15.27% |
| 🥉 Argentina | 7.83% |
| 🥉 UK | 5.54% |
| 🥉 South Africa | 5.32% |
| 🥉 Others | 10.38% |
FXGiants vs Exness vs XM – a Comparison
| 🔎 Broker | 🥇 FXFlat | 🥈 Exness | 🥉 XM |
| Established | Established in 1997/2015 | Established in 2008 | Established in 2009 |
| 💵 Min. Deposit | MetaTrader account 200 EUR / R3200 ZAR and TWS account 2000 EUR / R32000 ZAR | $1 USD / R16 USD | $5 USD / R80 ZAR |
| 💳 Inactivity Fee | No | Yes | Yes |
| ☪️ Islamic Account | 📌 Yes | Yes | Yes |
| 🎉 Demo Account | Yes | Yes | Yes |
Customer Reviews
Using the exchange is very simple
Using the exchange is very simple. Click on the currency pair you wish to exchange, enter the amount you wish to exchange and complete the exchange. The moment you close your position, you will see a brief overview of your trades and your total loss or profit. Experienced and mediocre dealers will appreciate the remarkable set of professional indicators.
The prices and fees are well below…
The prices and fees are well below average and there are discounts for high-volume trading. Good customization (for charts, workspace). Users can have access to plenty of good research tools
FXGiants Current Popularity Trend
According to Google Trends, here is an overview of how frequently the search term – “FXGiants” is entered into Google’s search engine over a given period of time
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 can be summarized as a reliable, well-regulated broker that provides account options, Live Floating Spread; Live Fixed Spread, Live Zero Fixed Spread; STP/ECN No Commission; STP/ECN Zero Spread; STP/ECN Absolute Zero, with a minimum deposit amount of $100 USD / R1600 ZAR, and leverage ranging from 1:100 to 1:500.
FXGiants is regulated and authorized through FCA, ASIC, and also registered in Bermuda. It offers a decent, well-regulated, and safe environment for traders to trade-in.
The broker offers trading of a wide range of trading instruments through the MetaTrader4 platform with an assortment of live account types and spreads.
The lack of educational and research tools is unfortunate as the broker excels on all other fronts.
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 Disclaimer
FXGiants’ services include products that are traded on margin and carry a risk of losing all your initial deposit. Before deciding on trading on margin products you should consider your investment objectives, risk tolerance and your level of experience on these products.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71.60% of retail investor accounts lose money when trading CFDs.
You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Margin products may not be suitable for everyone. You should ensure that you understand the risks involved and seek independent financial advice, if necessary, according to research in South Africa.
You might also like: FXGiants Account Types Overview
You might also like: FXGiants Demo Account – Step by Step
You might also like: FXGiants Fees and Spreads
You might also like: FXGiants Islamic Account Overview
You might also like: FXGiants Minimum Deposit
You might also like: FXGiants Sign up Bonus
Frequently Asked Questions
Can South Africans trade forex with FXGiants?
Yes, South Africans can trade forex with GX Giants.
What is the cost of trading with FXGiants?
The minimum deposit amount for trading with FXGiants is $100 USD /R1600 ZAR
How many instruments can I trade with FXGiants?
FXGiants offer CFD trading on over 200 assets including forex, spot metals, indices, commodities, stocks, shares, and futures
Which platforms are supported by FXGiants?
FXGiants makes use of the MetaTrader4 platform.
Does FXGiants charge commission?
Commission charges will determine on the account type selected as some have commission charges and some don’t.
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