How to Open an FXGT Account? Account Types, Promotions, and Platform Overview
By leveraging FXGT's exclusive account features, become a leader in the market. You will benefit from the following aspects:Zero Swap: Especially for Gold and Indices. Zero Fees: Completely free deposits and withdrawals...
FXGT's Advantages
FXGT, as a broker offering exceptional trading conditions, helps traders stay ahead in the market through unique account features. Here are its main advantages:
- Zero Swap Fees: Applicable for trading gold and indices.
- Zero Commissions: Deposits and withdrawals are entirely free.
- Low Spread Trading: Spreads start from 0.
- Minimum Funds Requirement: All account types require a minimum of only $5.
- High Leverage: Dynamic leverage up to 1:1000.
- 24/7 Local Support: Multilingual customer service offering comprehensive assistance.
MetaTrader Platform Comparison
| Feature | MT5 | MT4 |
|---|---|---|
| Markets | Forex, CFDs, Stocks, Futures, Options | Forex, CFDs |
| Indicators | 38 | 30 |
| Pending Order Types | 6 | 4 |
| Order Execution Types | 4 | 3 |
| Chart Timeframes | 21 | 9 |
| Drawing Objects | 46 | 31 |
| One-click Trading | ✓ | ✓ |
| Hedging | ✓ | ✓ |
| Netting | ✓ | No |
| Economic Calendar | ✓ | No |
| Market Depth | ✓ | No |
| Reports | HTML and Open XML formats | Only Table format |
| Devices | Desktop, WebTrader, Android, macOS, iOS | Desktop, WebTrader, Android, macOS, iOS |
Highlights of FXGT MT5 Accounts
- Faster Execution: Achieve lightning-fast order execution through a 64-bit operating system.
- Rich Analysis Tools: 38 indicators, 22 analytical tools, and 46 graphical objects.
- Advanced Backtesting: Multi-currency backtesting capabilities.
- Market Depth: 21 chart timeframes for a comprehensive view.
Features of FXGT MT4 Accounts
- Multifunctional Elements: User-friendly with customizable attributes.
- Automated Trading: Use pre-installed EA trading and technical indicators through MQL4.
- Hedging Capability: Supports both long and short positions to effectively manage risk.
- Timeframes: 9 timeframes ranging from 1 minute to 1 month.
With a single unified account, traders can access multiple CFD stocks, forex, and commodities, enjoying unparalleled trading conditions across various asset classes.
Investing in the CFD Market
FXGT's trading portal provides unified management:
- Accounts: Supports demo or live trading accounts in 8 base currencies.
- Deposits: Fund accounts anytime and transfer funds to trading accounts quickly.
- Withdrawals: Transfer funds between real accounts and e-wallets 24/7, with approval times ranging from 10 minutes to 48 hours.
- Reports: View detailed trading history anytime.
- Support: Continuous multilingual assistance via chat or email.
- Security: Enable two-step authentication with Google Authenticator.
- E-wallet: Manage fiat currencies in multiple e-wallets.
Choosing the Right FXGT Account
No matter your trading style or experience, FXGT offers specialized accounts:
| Feature | PRO | ECN | Mini | Standard+ |
|---|---|---|---|---|
| Contract Size | 100,000 | 100,000 | 10,000 | 100,000 |
| Asset Classes | Forex pairs, stock indices, metals, energy, stocks | Forex pairs, stock indices, metals, energy, stocks | Forex pairs, stock indices, metals, energy, stocks | Forex pairs, stock indices, metals, energy, stocks |
| Spreads From | 5 pips | 0 pips | 10 pips | 10 pips |
| Commission / Trading Fees | $0 | Up to $6 per complete lot for forex assets; up to $5 per complete lot for precious metals | $0 | $0 |
| Leverage | Up to 1:1000* based on trading volume | Up to 1:1000* based on trading volume | Up to 1:1000* based on trading volume | Up to 1:1000* based on trading volume |
| Initial Deposit for MT4/MT5 Account | $5 | $5 | $5 | $5 |
| Promotions / Bonuses | X | X | ✓ | ✓ |
| Minimum Trade Size | 0.01 | 0.01 | 0.01 | 0.01 |
| Maximum Trade Size | 200 lots | 200 lots | 200 lots | 100 lots |
| Maximum Trading Volume Limit | 200 lots | 200 lots | 500 lots | 200 lots |
| Account Currency | USD, EUR, JPY | USD, EUR, JPY | USD, EUR, JPY | USD, EUR, JPY |
| Trading Platform | MT5/MT4 Desktop, Web, Mobile | MT5/MT4 Desktop, Web, Mobile | MT5/MT4 Desktop, Web, Mobile | MT5/MT4 Desktop, Web, Mobile |
| Order Execution | Market | Market | Market | Market |
| Margin Call | 50% | 70% | 70% | 70% |
| Stop Out Level | 20% | 40% | 40% | 40% |
| Swap-free Days | Forex, Metals, Stock Indices, Energy: 6 days; Stocks: 0 days | Gold, Stock Indices: 3 days; Forex, Energy, Stocks: 0 days | Forex, Metals, Stock Indices, Stocks: 0 days | Forex, Metals, Stock Indices, Stocks: 0 days |
| Swap-free Account | ✓ | ✓ | ✓ | ✓ |
| Limit and Stop Levels | ✓ | ✓ | ✓ | ✓ |
| Maximum Open Positions | 200 | 200 | 150 | 100 |
| Maximum Pending Orders | 200 | 200 | 50 | 100 |
| Negative Balance Protection | ✓ | ✓ | ✓ | ✓ |
FXGT's Leverage and Margin System
Dynamic Leverage
FXGT's leverage and margin system adjusts in real-time based on traders' positions and trading volume. This dynamic approach aims to give traders greater trading potential while protecting them from excessive risk.
Grades, Leverage, and Margin Requirements
| Level | Trading Volume | Leverage | Margin Requirement |
|---|---|---|---|
| 1 | $0 – $300,000 | 1:1000 | 0.1% |
| 2 | $300,000 – $1,000,000 | 1:500 | 0.2% |
| 3 | $1,000,000 – $2,000,000 | 1:200 | 0.5% |
| 4 | $2,000,000 – $3,000,000 | 1:100 | 1% |
| 5 | $3,000,000 – $5,000,000 | 1:50 | 2% |
| 6 | Over $5,000,000 | 1:20 | 5% |
Deposit Methods
FXGT offers multiple deposit methods with no fees. Deposit methods include VISA, MasterCard, JCB, Sticpay, bank wire transfer, instant local bank transfer, Neteller, and more.
| Method | Currency | Minimum Deposit | Processing Time | Fee |
|---|---|---|---|---|
| VISA | USD, EUR, JPY | $50, €50, ¥5000 | Immediate | $0 |
| JCB | USD, EUR, JPY | $10, €10, ¥1000 | Immediate | $0 |
| MasterCard | USD, EUR, JPY | $50, €50, ¥5000 | Immediate | $0 |
| Bitwallet | USD, EUR, JPY | $10, €10, ¥1000 | Immediate | $0 |
| Sticpay | USD, EUR, JPY | $5, €5, ¥5000 | Immediate | $0 |
| Bank Wire Transfer | JPY | ¥10,000 | Up to 5 business days | Depends on amount* |
| Instant Local Bank Transfer | JPY | $100 | Within 15 minutes | $0 |
| Neteller | USD, EUR | $5, €5 | Immediate | $0 |
Using FXGT's VPS Hosting
VPS Advantages
FXGT's VPS hosting solution ensures that traders get the fastest execution speed in the market. By using VPS, traders can achieve 24/7 uninterrupted trading, reduce latency, and improve trading performance.
- Fast Connection: VPS hosting guarantees a fast and stable network connection.
- 24/7 Operation: Ensures that traders' EA (automated trading) programs and trading strategies run uninterrupted.
- Low Latency: With FXGT's VPS hosting, traders can reduce network latency for faster order execution.
By using FXGT's VPS hosting solution, traders can stay ahead in a competitive market and achieve a more efficient trading experience.
VPS Specifications
- Memory: 3 GB
- vCPU: 1
- Disk Space: 16 GB
Promotional Activities
FXGT offers various promotional activities including official trading contests, 25% loyalty bonus, loyalty reset bonus, and VPS sponsorship program, enhancing traders' trading experiences and potential earnings.
Account Opening Guide
- Create Profile: Register on the FXGT platform.
- Select Account Type: Choose from PRO, ECN, Mini, or Standard+ accounts based on requirements.
- Deposit Funds: Fund your account through various methods.
- Set Up Trading Platform: Select and install MT4 or MT5 platform.
- Enable Security Features: Activate two-step verification using Google Authenticator.
- Start Trading: Trade CFDs, stocks, forex, and commodities via your account.
FXGT provides a range of superior trading conditions and diverse account types to meet the needs of different traders. With flexible leverage and extensive promotional activities, traders can leverage market opportunities to enhance their trading experience.
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