FXGT.com
Questions & Answers

I'm sorry, but I didn't understand your question. Do you mean spreads depending on the type of asset? Or spreads depending on period of volatility? Or maybe you are afraid that broker shows some spreads, but in fact they are different? Of course, spreads depend on type of financial instrument, trading time and other factors. But as an FXGT client, I know for sure that broker doesn't perform any manipulations with spreads. Company doesn't need it. Believe me, they have another sources of income, and such manipulations can destroy reputation

I'll reveal to you a big secret. You can trade with the minimum amou8nt of tools. You can even trade without any tools on your chart at all. It's called price action analysis. People who usually complain about the scarcity of tools to conduct proper analysis they can't analyze at all. Even if they'd have all the tools in the world it won't help them. Just work with what you have and get the most out of it.

Oh, buddy, this is one of the features of this broker for which they are simply obliged to get Nobel Prize:D The essence of this system is very simple and advantages are quite obvious after you start using it. As we know, each asset in CFD trading has many features and these features affect size of contracts. Traders who trade in classic conditions may have problems choosing lot size. And FXGT clients use this system and don't care about which lot size is more suitable for a particular asset.

There is no single trading strategy that can be successful for all traders. What works for me may not work for you and vice versa. I use the ECN account type because my trading strategy demands tight spreads. If you like to scalp then this account would be a great fit for you as well.

This is the topic I wanted to explore mysefl one day. I think, this is the right time. Based on my understanding here is why one might need VPS sponsorship: Through this feature a trader get access to VPS Hosting. VPS (Virtual Private Server) is a high-speed and secure server for MetaTrader terminals. It means that risks like connection issues, power loss, or perhaps some hardware failures will be eliminated. Also, VPS brings extra speed, i.e orders will be executed way faster. This will ensure that an order will be filled at the price you originally chose. Thus, the associated trading costs will go down too. Also, if I am not wrong, this VPS Sponsorship can be accessed free of charge, if you meet and maintain certain requirements.

I assume you are expecting a short but informative answer. I will try to give just such an answer to your question. Basically, all types of accounts can be divided by trader's experience level The first group is obviously beginners. If you have very little trading experience, then most likely Mini account will be suitable for you. It has the most simple conditions for beginner traders who usually have small deposit size. The next type of account applies to both beginners and confident traders. This is standard account. If you have some trading experience, you should probably open Standard account. It is more advanced compared to Mini. And the third group is pro accounts. These types of accounts are more suitable for pro traders. These are ECN and Pro accounts. If you have any special requirements for your trading strategy, choose one of them.

First and foremost with regulations and licenses. After that goes the segregation of funds and compensation funds. So you don;t need ort worry about the safety of the funds with FXGT as far as i'm concerned.

I assume yes, it's quite safe to work with it. As far as I know, this broker has a multitude of licenses to operate in different jurisidctions, and even CySEC is listed as patron of FXGT in the EU zone. That is the reason why I don't think there's a sense to doubt the competence of the company. Some licenses are really hard to acquire, because the broker is obliged to transform trading conditions to make them abide by the local law. Not all companies are brave enough to lower down leverage, for example, to comply with the rules of the EU zone. So, it's a reliable option, enjoy.