Overall, FXGT can be described as a semi-credible broker with an overall rating of 8 out of 10. It offers a maximum leverage ratio of 1: 500 and a minimum deposit amount of $0 and is regulated by the FSCA.
🛡️Regulated and trusted by the 🇿🇦FSCA 🇸🇨FSA 🇻🇺VFSC 🇨🇾CYSEC
🛡️1521 new traders chose this broker in the last 90 days.
🛡️Available for South African Traders.
At a Glance
| 🔎Broker | 🥇FXGT |
| Company Information | |
| 📅 Year Founded | 2018 |
| 🧑🏻💻 Amount of staff | 50+ |
| 👩💻 Amount of active traders | 10,000+ |
| 🌐 Publicly Traded (Listed Company) | No |
| Regulation and Security | |
| 🛡️ Regulation | FSCA FSA VFSC CYSEC |
| 🌎 Country of regulation | Seychelles |
| 💻 Account Segregation | Yes |
| 🪫 Negative balance protection | Yes |
| 🔋 Investor Protection Schemes | No |
| Account Types and Features | |
| ➕ Accounts | Cent, Mini, Standard, ECN, ECN Pro |
| 💳 Institutional Accounts | Yes |
| 👨💼 Managed Accounts | No |
| 📇 Minor account currencies | USD, EUR, JPY, BTC, ETH |
| 💰 Minimum Deposit | $5 |
| Trading Conditions | |
| 🕞 Deposit/withdrawal processing | Instant/Within 24 hours |
| 🪙 Fund Withdrawal Fee | No |
| 📊 Spreads from | 0.1 pips (ECN Pro Account) |
| 💸 Commissions | $6 per lot (ECN Pro Account) |
| 💱 Number of base currencies | 5 |
| 🚀 Swap Fees | Yes |
| 📈 Leverage | Up to 1:1000 |
| 📏 Margin requirements | 1% (for 1:100 leverage) |
| ☪️ Islamic account (swap-free) | Yes |
| 💻 Demo Account | Yes |
| ⌛ Order Execution Time | < 1 second |
| 📆 VPS Hosting | Yes |
| Trading Instruments | |
| 🧾 CFDs-Total Offered | 200+ |
| 🗠 CFD Stock Indices | 30+ |
| ⚖️ CFD Commodities | 20+ |
| 📜 CFD Shares | 100+ |
| Deposits and Withdrawals | |
| 💳 Deposit Options | Credit/Debit cards, Bank Transfer, eWallets, Cryptocurrencies |
| 💵 Withdrawal Options | Credit/Debit cards, Bank Transfer, eWallets, Cryptocurrencies |
| Trading Platforms/Tools | |
| 💻 Trading Platforms | MetaTrader 5 |
| 👩💻 OS Compatibility | Windows, macOS, iOS, Android |
| 🖥️ Forex trading tools | Technical analysis tools, Economic calendar, Trading signals |
| Customer Support | |
| 🗣️ Live chat availability | Yes (24/7) |
| 📱 Customer Support Email | support@fxgt.com |
| 📞 Customer Support Contact Number | +44 20 8089 5435 |
| 👾 Social media Platforms | Facebook, Twitter, LinkedIn, Instagram |
| 🗣️ Languages supported | English, Spanish, French, Arabic, Chinese |
| Educational Resources and Support | |
| 🖺 Forex course | Yes |
| 🧏♀️ Webinars | Yes |
| 📚 Educational Resources | Articles, Video tutorials, eBooks |
| Partnerships and Programs | |
| 🪪 Affiliate program? | Yes |
| 👨🏫 Amount of partners | 100+ |
| 📋 IB Program | Yes |
| 🚀 Sponsorship | Yes |
| 🪙 Rebate program | Yes |
| 👉Open Account | Open Account |
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 Review – 22 key points, a quick overview
- ☑️Spider Chart
- ☑️Overview
- ☑️Safety and Security
- ☑️FXGT Sign-up Bonus
- ☑️FXGT Minimum Deposit
- ☑️ Step-by-step guide to depositing the minimum amount
- ☑️FXGT Account Types
- ☑️Account Features
- ☑️Demo Account Features
- ☑️How to set up an FXGT Demo Account – Step by Step
- ☑️FXGT Trading platforms
- ☑️Fees and Spreads
- ☑️Awards
- ☑️Customer Reviews
- ☑️FXGT vs eToro vs XM – A Comparison
- ☑️Current Popularity Trend
- ☑️ Pros and cons
- ☑️Our Findings
- ☑️Conclusion
- ☑️Disclaimer
- ☑️Frequently Asked Questions
- ☑️References
Spider Chart
Criteria
Regulatory Standing- 4 out of 5
Financial Stability- 3 out of 5
Trading Platform Quality- 4.5 out of 5
Customer Support – 4 out of 5
Educational Resources- 4.3 out of 5
Trading Conditions- 4 out of 5
Withdrawal Speed- 4 out of 5
Overview
FXGT is operated by 360 Degrees Markets Ltd, a registered company in Seychelles with Registration Number 8421720-1. Its address is Suite C, Oion Mall, Palm Street, Victoria, Mahe, Seychelles.
The Seychelles Financial Services Authority regulates 360 Degrees Markets Ltd under the Securities Dealer’s License Number SD019. On its website, the company states the importance of keeping client funds safe and strives to take all the necessary steps to ensure this.
Clients’ funds are kept segregated from the broker’s funds and cannot be used by the company. They are also working on establishing Tier 1 Bank partnerships to ensure clients’ funds are deposited in credit-worth and high-rating financial institutions.
Security of Funds
- Segregated Funds: FXGT keeps client funds separate from our operational funds in various Tier 1 banking institutions.
- Data Security: FXGT’s advanced encryption technology, secure servers, and strong firewalls ensure maximum data security.
- Negative Balance Protection: FXGT offers negative balance protection to our clients so they can trade with an added peace of mind.
- Capital & Reserves: FXGT maintains a capital adequacy ratio of 40%, four times more than the typical capital-to-risk weighted exposure ratio required by reputable regulators.
- Regulation: FXGT is a fully regulated broker with licenses from the Seychelles Financial Services Authority (FSA) and the South African Financial Services Conduct Authority (FSCA), Vanuatu Financial Services Commission (VFSC), the Cyprus Securities and Exchange Commission (CySEC).
- Liability Insurance: Clients and third parties are insured up to €1,000,000 against errors, omissions, negligence, or other risks that may result in financial loss.
FXGT Sign-up Bonus
FXGT offers the following bonuses for traders:
- Cashback Promo
- Tiered Loyalty Bonus up to $6,000
- Loyalty Reset Bonus
- VPS Sponsorship Program
FXGT may offer specific bonuses, such as up to 50% credit with sign-up, or a deposit bonus or a welcome bonus.
A first-time deposit bonus is only available to clients who make a first deposit of 500 USD or more, transferred to MT5. Bonus credits cannot be withdrawn; registration bonus credits expire after 30 days if unused.
A trader may withdraw profits from registration bonus (No-Deposit Bonus) credits when they reach a value of more than 300 USD or equivalent.
FXGT Minimum Deposit
FXGT has different minimum deposit requirements for other payment methods, the lowest being $10 with a JCB Card. When writing, this minimum deposit amount was equivalent to ZAR 178,00 at an average current exchange rate between the US Dollar and the South African Rand.
Other methods have the following deposit requirements:
- With a MasterCard, the minimum deposit is 5 USD / EUR / JPY. Processing is instant, and no deposit fees are charged.
- With the JCB Card, the minimum is 1 USD / EUR / JPY, with instant processing and no deposit fees.
- With Bitcoin, a minimum of 0.0001 BTC can be deposited without fees.
- When using Bank Wire, the minimum deposit is 100 USD / EUR / JPY, and fees may apply depending on the amount. Processing time is 2-5 business days.
FXGT’s authorization as a broker and its regulatory authorities may require that client funds be kept separate from the broker account and that traders only use such funds to conduct their trading activities.
Step-by-step guide on depositing the minimum deposit
To deposit funds, a trader must log in to the Clients’ Portal and follow one of the following options:
Step 1 – Log into your account
Log into the accounts area on the broker’s website.
Step 2 – Select the option to Deposit
Click on the highlighted “Deposit” button.
Step 3 – Select a deposit method.
Choose the preferred deposit method.
Step 4 – Confirm your deposit amount
Confirm the amount you want to deposit into your account.
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 Account Types
FXGT offers five different account types: a Mini Account, a Standard FX Account, a Standard+ Account, a PRO Account, and an ECN Account.
A perfect suite of account types, carefully designed and structured to match specific trader profiles. Each account type aims to meet all key requirements and empower traders to succeed with their trading strategies.
Account Features
An account gives access to MetaTrader 5, a trading platform for desktop, web, and iOS or Android mobile devices. Account currencies may include USD, EUR, JPY, BTC, ETH, XRP, and USTD.
Leverage of up to 1:500 can be used, and negative balance protection is provided. Asset classes that can be traded include Forex, Cryptocurrencies, Metals, Energies, Equity Indices, and Stocks.
Accounts Comparison:
STARTUP
Mini Account:
| Features | 📍 Mini Account |
| 🌐 Contract Size | 10,000 |
| 💰 Asset Classes | FX Majors, FX Minors, Exotics CFD Indices, Metals, Energies CFD Cryptos, GTi12 Index |
| 📈 Spreads From | 10 points |
| 👉 Commission / Transaction Fees | $0 |
| 📊 Leverage | Up to 1:1000* based on volume |
| 💳 First Transfer-in to MT5 Trading Account | $5 |
| ⚖️ Promotions / Deposit Bonuses | ✓ |
| 👍 Minimum Trade Size | 0.01 |
| 👉 Open a account | Open Account |
This is an excellent choice for traders who prefer to trade fractional CFD instruments. The mini account includes various instruments in Forex, Indices, Metals, Energies, Crypto, and the exclusive GTi12.
The fractional capacity of the MINI account type appeals to different types of trader profiles, from novice or smaller volume traders to more experienced traders who want to incorporate the fractional alternative into their general trading strategy.
ADVANTAGE PLUS
Standard FX Account:
| Features | 📍 Standard FX Account |
| 🌐 Contract Size | 100,000 |
| 💰 Asset Classes | FX Majors, FX Minors, Exotics CFD Indices, Metals, Energies CFD Stocks |
| 📈 Spreads From | 15 points |
| 👉 Commission / Transaction Fees | $0 |
| 📊 Leverage | Up to 1:1000* based on equity |
| 💳 First Transfer-in to MT5 Trading Account | $5 |
| ⚖️ Promotions / Deposit Bonuses | ✓ |
| 👍 Minimum Trade Size | 0.01 |
| 👉 Open a account | Open Account |
Focused on FX, this is a special account type dedicated to Forex, including Metals, Indices, Energies, and Stocks who also prefer the leverage of their trading account to be based on equity rather than volume whilst still benefiting from leverage of up to 1:1000.
Standard+ Account:
| Features | 📍 Standard+ Account |
| 🌐 Contract Size | 100,000 |
| 💰 Asset Classes | FX Majors, FX Minors, Exotics CFD Indices, Metals, Energies CFD Stocks CFD Cryptos, Synthetic Cryptos GTi12 Index DeFi Tokens NFTs |
| 📈 Spreads From | 15 points |
| 👉 Commission / Transaction Fees | $0 |
| 📊 Leverage | Up to 1:1000* based on volume |
| 💳 First Transfer-in to MT5 Trading Account | $5 |
| ⚖️ Promotions / Deposit Bonuses | ✓ |
| 👍 Minimum Trade Size | 0.01 |
| 👉 Open a account | Open Account |
Gain access to all the instruments offered by FXGT. This account suits traders looking for high leverage (up to 1000) and other benefits such as bonus scheme promotions and rewards such as cashback and gifts.
This account appeals to all types of traders who want to trade with special advantage in hundreds of trading instruments, including FX, CFDs such as Metals, Indices, Energies, Stocks, Cryptos, Synthetic pairs, Defi Tokens, NFTs, and the exclusive GTi12 Index.
REACH PRO
PRO Account:
| Features | 📍 PRO Account |
| 🌐 Contract Size | 100,000 |
| 💰 Asset Classes | FX Majors, FX Minors, Exotics CFD Indices, Metals, Energies CFD Stocks CFD Cryptos, Synthetic Cryptos GTi12 Index DeFi Tokens NFTs |
| 📈 Spreads From | 6 points |
| 👉 Commission / Transaction Fees | $0 |
| 📊 Leverage | Up to 1:1000* based on volume |
| 💳 First Transfer-in to MT5 Trading Account | $5 |
| ⚖️ Promotions / Deposit Bonuses | X |
| 👍 Minimum Trade Size | 0.01 |
| 👉 Open a account | Open Account |
Ideal for large-volume traders who seek high-end trading conditions, the PRO Account allows traders to unfold their trading strategies utilizing low spreads and zero commission for opening or closing their positions. PRO account traders can benefit from 1:1000 leverage on hundreds of instruments from 10 asset classes.
ECN Account:
| Features | 📍 ECN Account |
| 🌐 Contract Size | 100,000 |
| 💰 Asset Classes | FX Majors, FX Minors, Exotics CFD Indices, Metals, Energies CFD Stocks CFD Cryptos, Synthetic Cryptos GTi12 Index DeFi Tokens NFTs |
| 📈 Spreads From | 0 points |
| 👉 Commission / Transaction Fees | Up to $6 round-turn on all FX Asset Classes 0.1% round-turn on all Crypto Asset Classes |
| 📊 Leverage | Up to 1:1000* based on volume |
| 💳 First Transfer-in to MT5 Trading Account | $5 |
| ⚖️ Promotions / Deposit Bonuses | X |
| 👍 Minimum Trade Size | 0.01 |
| 👉 Open a account | Open Account |
It is a fantastic option for traders who are comfortable trading larger volumes.
This account is structured to reflect real market conditions with raw spreads on all 10 asset classes (FX, CFDs such as Metals, Indices, Energies, Stocks, Cryptos, Synthetic pairs, Defi Tokens, NFTs and the exclusive GTi12 Index) and highly competitive trading commissions only up to $6 round turn ($3 in and $3 out) for FX asset classes and 0.1% (0.05% in and 0.05% out) on all Crypto asset classes.
Moreover, swap charges in ECN accounts are lower than those of all the other GT account types.
FXGT Demo Account Features
FXGT’s 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. However, the demo account is risk-free since traders use virtual funds to trade. Therefore, traders cannot withdraw any profits made on the demo account.
How to set up a FXGT Demo Account – Step by Step
To register for and set up a demo account (also called a practice account) with FXGT, traders must visit the website and follow the indicated steps.
You can open an account from start to finish on the FXGT website and choose to open a demo account first. Brokers usually 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. FXGT accounts can be opened in EUR, USD, JPY, BTC, XRP, ETH, and USDT.
An account verification process is usually mandatory due to regulatory requirements, so keep a copy of your ID and a proof of residency document ready for the last step. Note that this ‘Know Your Client (KYC) process may only be necessary once you decide to move forward and work with real money.
Follow these steps to open an account:
Step 1: Click on “open demo account.”
Click on the “open demo account” option.
Step 2: Fill out the form
Provide basic personal information requested.
Step 3: Go to your email
Go to your email and click on the link to verify your account.
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 Trading platforms
The forex trading platform provided by FXGT to its clients is the software used to carry out their trades. Some brokers provide only one platform, others quite a few. A multi-asset trading platform 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 wants to trade.
Fees and Spreads
Fees spread 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.
Awards
- They were awarded the prestigious “Best Global Trading Conditions” title at the 2025 Awards for Brokers with Outstanding Assessment by BrokersView. This award highlights their dedication to providing superior trading conditions.
- Best Global CFD Broker 2025 by Brokers View.
- Best Global IB/Affiliate Program 2025 by Brokers View.
- Most Innovative Broker at the iFX Expo Asia 2025.
Customer Reviews
- “FXGT’s asset classes and leverage options are appealing. Their customer support is generally helpful, but response times can be slow during peak hours. However, their educational materials are well-organized.” Reviewed: Olivia Taylor, United Kingdom
- “I’ve had a positive experience with FXGT. Their spreads are competitive, and their platform is easy to use. However, their educational resources could be more tailored to different experience levels.” Reviewed: Alex Petrov, Russia
- “FXGT’s platform is reliable, and their execution speeds are fast. Their educational resources are adequate for beginners. However, their customer support could be more proactive in offering assistance.” Reviewed: Samuel Lee, Singapore
FXGT vs eToro vs XM – A Comparison
| 🔎 Broker | 🥇 FXGT | 🥈 eToro | 🥉 XM |
| 💱Forex | From 0.8 pips on major pairs | From 1 pip on major pairs | From 0.6 pips on major pairs |
| ➡️CFDs - Indices | From 0.5 pips on major indices | From 0.75 pips on major indices | From 0.7 pips on major indices |
| 📜CFDs - Stocks | From 0.3% on major stocks | From 0.09% on major stocks | From 0.1% on major stocks |
| 🪙CFDs - Commodities | From 0.03 on Gold, from 0.04 on Oil | From 0.45 on Gold, from 0.05 on Oil | From 0.15 on Gold, from 0.03 on Oil |
| 💰CFDs - Cryptocurrencies | From 0.5% on major cryptocurrencies | From 0.75% on major cryptocurrencies | From 0.3% on major cryptocurrencies |
| 💸Minimum Deposit | $5 | $200 | $5 |
| ⚖️Leverage (Max) | Up to 1:1000 | Up to 1:400 | Up to 1:888 |
| 🔎Regulation | FSCA, FSA, VFSC | FCA, CySEC, ASIC | FCA, ASIC, CySEC, IFSC |
| 💻Account Types | Cent, Mini, Standard, ECN | Standard | Micro, Standard, XM Ultra Low, Shares |
| 📅Platforms | MetaTrader 4, MetaTrader 5, FXGT Mobile | eToro WebTrader, eToro Mobile App | MetaTrader 4, MetaTrader 5, XM WebTrader |
| 🗣️Customer Support | 24/7, Multilingual, Live Chat, Email | 24/5, Multilingual, Live Chat, Email | 24/5, Multilingual, Live Chat, Phone, Email |
| 🚀Open Account | Open Account | Open Account | Open Account |
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 Pro and cons
| ✅ Pros | ❌ Cons |
| Multiple Trading Platforms | a Minimum deposit requirement that could be prohibitive for some traders. |
| Competitive Spreads | Mixed experiences with customer support, with some finding it responsive and helpful while others have encountered delays or issues. |
| Variety of Assets | Check for any hidden fees or additional charges that might impact your trading costs. |
| Offers various leverage options to suit different risk appetites and trading styles. | While generally reliable, there may be occasional technical glitches or downtime that can disrupt trading. |
Our Findings
FXGT offers a promising trading environment for South African traders. With its wide range of financial instruments, competitive spreads, and swift execution times, the platform caters to diverse trading strategies. While the Seychelles FSA regulation provides security, South African traders may want to consider additional factors, such as the broker’s reputation within the local market and the availability of localized customer support.
Conclusion
FXGT is a regulated online broker offering various financial instruments, including forex, cryptocurrencies, commodities, stocks, and indices. Established in 2019, they provide a user-friendly platform with competitive spreads and swift execution times.
You might also like: FXGT Account Types Overview
You might also like: FXGT Fees and Spreads
You might also like: FXGT Islamic Account Overview
You might also like: FXGT Minimum Deposit
You might also like: FXGT Sign-up Bonus
Disclaimer
Trading on financial markets carries risks. Contracts for Difference (‘CFDs’) are complex financial products traded on margin. Trading CFDs carries a high level of risk since leverage can work to your advantage and disadvantage.
As a result, CFDs may not be suitable for all investors because you may lose all your invested capital. It would be best not to risk more than you are prepared to lose. Before deciding to trade, you must understand the risks involved, considering your investment objectives and experience level.
FXGT cannot guarantee the initial capital of the Client’s portfolio or its value at any time or any money invested in any Financial Instrument.
FXGT’s clients must acknowledge that the company’s services do not include investment advice. Any investment information as may be announced or provided by the company or on its behalf does not constitute investment advice services whatsoever or in any circumstances and shall be regarded as given for informative purposes only.
According to research in South Africa, no information announced or provided by the company shall be deemed as an assurance or guarantee of the expected results of any transaction.
Frequently Asked Questions
Which platforms are supported by FXGT?
FXGT provides the following popular MetaTrader5 as the only trading platform.
Does FXGT offer leverage?
Yes, FXGT offers maximum leverage of 1:1000
What spreads can I expect with FXGT?
FXGT offers spreads from 0.00014 pips.
Does FXGT charge a commission?
It is not clear whether FXGT charges commissions.
Is FXGT regulated?
Yes, it is regulated by the SFSA.
References
GT IO MARKETS (PTY) LTD – FSCA
Thanks to the selection of assets, I have excellent opportunities Response from SA Shares We’re grateful for your support, thank you! FXGT has wholly transformed my beginner experience. Their wide range of educational materials, including detailed guides and hands-on tutorials, has simplified learning about forex trading. Thanks to their clear explanations and practical examples, I can make informed decisions. Response from SA Shares Thank you for your review. FXGT has given me the resources and assistance required for me to thrive in my trading career. Their emphasis on education, risk management, and customer satisfaction has greatly impacted my trading experience. Response from SA Shares Your review is much appreciated. FXGT is constantly seeking ways to enhance their services. They constantly add new features and updates to improve the trading experience. This demonstrates their dedication to addressing the changing requirements of their customers. Response from SA Shares We’re thrilled to know you had a great experience. FXGT has demonstrated itself as a dependable and honest broker. Their system is reliable, and I have not encountered any major outages or technical problems. I am reassured to have my investments managed by competent professionals. Response from SA Shares We appreciate your feedback.Trading opportunities
Establishing A Strong Base For Achievement
Empowering Traders
Commitment to ongoing enhancement
Strong and Stable Foundation
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