All Share (J203) = 89 898
Rand / Dollar = 18.24
Rand / Pound = 23.63
Rand / Euro = 19.69
Gold (usd/oz) = 3 056.77
Platinum (usd/oz) = 986.80
Brent (usd/barrel) = 74
Trade +10,000 CFDs with Tight Raw Spreads. – Trade Now!

FXGT Fees, Spreads and Commission

FXGT Fees & Spreads Review
 

FXGT’s spreads on EUR/USD and USD/JPY start from just 1.4 pips. FXGT does not charge deposit fees, inactivity fees or withdrawal fees. The maximum leverage ratio that can be used is 500:1.

 

FXGT at a glance

🔍 Broker's NameFXGT
📍 HeadquarteredAurora Drive, Liberty Life Building 21, Office 125, 1st Floor Umhlanga, 4301 Kwa-Zulu
Natal South Africa
📅 Year Founded2019
⚖️ Regulating AuthoritiesFSA-Seychelles, South Africa’s Financial Sector Conduct Authority (FSCA)
🌐 Countries not accepted for tradeUSA, Canada, Iran, North Korea, and Russia
☪️ Islamic account (swap-free)Yes
👍 Demo AccountYes
📊 Institutional AccountsYes
📊 Managed AccountsYes
🚀 Sign up bonusYes
📈 Maximum Leverage1: 500
💰 Minimum Deposit$5
💳 Deposit OptionsVisa, MasterCard, BankWire, eWallets like Skrill and Neteller
💳 Withdrawal OptionsVisa, MasterCard, BankWire, eWallets like Skrill and Neteller
💻 Platform TypesMT5, MT4
📱 OS CompatibilityMac, Windows, Web, Mobile Android, iPhone, iPad
📈 Tradable assets offeredForex, Crypto, Precious Metals and Energies, Equity Indices, Stocks, Cryptocurrencies
👨‍💼 Languages supported on WebsiteEnglish
👥 Customer Support LanguagesEnglish
📆 Customer Service Hours24/7
👉 Open a accountClick Here

 

Min Deposit

USD 5

Regulators

SFSA, FSCA, CySec*

Trading Platform

MT4, MT5

Crypto

Yes

*FXGT.com has a CySec license, but it is only valid for institutional clients.

Total Pairs

0

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

 

📍 Choose your quick section of our FXGT Fees Spreads and Commission below.

 

FXGT Fees and spreads – 7 key points quick overview:

  1. ✔️FXGT Fees and Spreads
  2. ✔️FXGT Additional Trading Fees
  3. ✔️FXGT Broker Fees
  4. FXGT Pros and Cons
  5. FXGT Customer Reviews
  6. Conclusion
  7. Frequently Asked Questions

 

📍 Here is our overview of the FXGT Fees Spreads and Commission as well as the features that are offered, which could affect your trading.

 

FXGT Fees and Spreads

 

FXGT’s spreads on EUR/USD and USD/JPY start from just 1.4 pips.

 

📍 Fees, spreads, and commissions that traders can expect on the company’s spread list when trading with FXGT is as follows:

➡️ The minimum spread applicable is an average of 1.60 pips.

➡️ Commission fees are included in the spread.

➡️ Spread on some popular pairs are the following: EUR/USD 1.6 pips, GBP/USD 2.2 pips, USD/JPY 1.6 pips.

➡️ The maximum leverage ratio that can be used is 500:1.

 

FXGT Fees and Spreads

 

FXGT Additional Trading Fees

 

When trading financial instruments such as forex, traders can expect that overnight fees, or swap fees will be applicable when positions are held for longer than one trading day. FXGT does provide an Islamic Account for Muslim traders who follow the Sharia Law and are prohibited from earning or paying interest where the holding of open positions is concerned.

 

The FXGT support team can be contacted to find out whether spread betting is allowed and what spread betting fees would apply.

 

FXGT Additional Trading Fees

 

FXGT Broker Fees

 

FXGT does not charge deposit fees and inactivity fees.

 

Traders need to verify what additional charges may be waived by their financial institution. In addition, should traders transfer fees in a currency which is different from their account base currency they may be subjected to currency conversion fees. No withdrawal fees are charged.

 

FXGT Broker Fees

 

Min Deposit

USD 5

Regulators

SFSA, FSCA, CySec*

Trading Platform

MT4, MT5

Crypto

Yes

*FXGT.com has a CySec license, but it is only valid for institutional clients.

Total Pairs

0

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

 

FXGT Pros and Cons

✔️ Pros❌ Cons
Commission fees are included in the spreadLimited account options
Fair trading conditionsNo proper research tools
High leverage can be usedOffshore broker and regulation
Low deposit requirements
MT5 provided as trading platform
No deposit fees or withdrawal fees
Swap free accounts are available

 

FXGT Customer Reviews

 

This is my first time to crypto…

This is my first time to crypto trading. Already benefitted from that platform. Recommend for beginners.

Customer reviews Five stars

Simple

Simple. Extensive. Transparent and User Friendly. That’s what my review is 5 stars

Customer reviews Five stars

I loved the website since I began…

I loved the website since I began trading. From educational material to the starting guide everything was great. I faced a problem during the payout. Had to wait days till I get it.

Customer reviews Five stars

FXGT Contact us

Conclusion

 

FXGT’s spreads on EUR/USD and USD/JPY start from just 1.4 pips. FXGT does not charge deposit fees, inactivity fees or withdrawal fees. The maximum leverage ratio that can be used is 500:1.

 

You might also like: FXGT Review

You might also like: FXGT Account Types Overview

You might also like: FXGT Demo Account – Step by Step

You might also like: FXGT Islamic Account Overview

You might also like: FXGT Minimum Deposit

You might also like: FXGT Sign up Bonus

 

 

Frequently Asked Questions

 

 

What spreads can I expect with FXGT?

 

FXGT offers spreads that begin at 1.4 pips for EUR/USD and USD/JPY trading.

 

Does FXGT charge commissions?

 

GXGT includes the commission fees in the spread.

 

Does FXGT charge deposit fees?

 

No, deposit fees are not charged by FXGT.

 

Does FXGT charge inactivity fees?

 

No inactivity fees are charged by FXGT.

4.3/5 - (32 votes)

Written by:

Louis Schoeman

Edited by:

Skerdian Meta

Fact checked by:

Arslan Butt

Updated:

March 14, 2023

Written by:

Louis Schoeman

Featured SA Shares Writer and Forex Analyst.

I am an expert in brokerage safety, adept at spotting scam brokers in mere seconds. My guidance, rooted in my firsthand experience with brokers and an in-depth understanding of the regulatory framework, has safeguarded hundreds of users from fraudulent brokerage activities.

Edited by:

Skerdian Meta

Leading Analyst

Skerdian Meta FXL’s Heading Analyst is a professional Forex trader and market analyst and has been actively engaged in market analysis for the past 10 years. Before becoming our leading analyst, Skerdian served as a trader and market analyst at Saxo Bank’s local branch, Aksioner, the forex division and traded small investor’s funds for two years.

Fact checked by:

Arslan Butt

Commodities & Indices Analyst

Arslan Butt, a financial expert with an MBA in Behavioral Finance, leads commodities and indices analysis. His experience as a senior analyst and market knowledge (including day trading) fuel his insightful work on cryptocurrency and forex markets, published in respected outlets like ForexCrunch.

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