My experience with fxgt has been nothing short of a disaster. After investing a substantial sum, I was met with endless roadblocks when attempting to withdraw my funds. Their lack of transparency and refusal to address my concerns is appalling. Losing $13,700 to their unethical practices has been a devastating blow. Fxgt is a scam, and I urge others to stay far away.
UPDATE:
I successfully recovered my funds from this scam company, thanks to a recovery agency. If you're in a similar situation, contact me through the email address on my profile for more details.
Being a victim of this scam broker was one of the most challenging experiences I've faced. I invested my hard earned money, only to realise that the broker was fraudulent, and my funds were at risk. However, through perseverance and seeking professional help, I managed to successfully recover my money. To anyone who has been scammed by a broker, remember that you are not alone. There are dedicated firms out there specialising in helping victims like us reclaim what is rightfully ours. From my personal experience with +C+O+S+T+N+E+R+ +R+E+C+L+A+I+M+ their team of experts demonstrated exceptional professionalism and knowledge throughout the entire process. They guided me step-by-step in gathering evidence and presenting my case effectively. Their expertise in dealing with financial scams and unregulated brokers was evident as they tirelessly pursued every possible avenue to recover my funds. I would definitely recommend.
"I was devastated when a broker I trusted defrauded me of $54,000. I made several attempts to get my money back since I felt deceived and desperate. I was fortunate to find that S I M O N C H (*) C O M Their knowledgeable staff guided me through the recuperation process, taking care of paperwork and offering constant assistance. I appreciate their commitment because it restored my self-esteem and allowed me to get my money back."
I had an account where I made money through Forex. There was no problem withdrawing money 3 or 4 times, but when I wanted to withdraw my $4K inside, it said that your withdrawal was not approved because your account made transactions that did not comply with our company policies. I asked him, "Can you please provide me with evidence of what you did?" Afterwards, they said that the relevant department would inform me and I started to wait. Afterwards, they zeroed all the money in my account. They also made my membership inactive. I send an e-mail, they do not answer, I ask for evidence, they cannot provide evidence
I like that FXGT.com relies on Meta Trader platforms. I am already accustomed to these solutions, so it works for me. I currently trade on a Standard+ account. Spreads are ok although there is little room for improvement.
Don't get me wrong, I am happy with trading conditions I received after opening account. But it seems to me that one of their features can be both very beneficial and very dangerous.
I'm talking about leverage.
FXGT has a pretty big leverage. Which of course is great for pro traders. But for those who don't know how to use it, it can be a big risk.
So my advice is to be careful and use stop losses. And trading conditions will allow you to trade profitably.
I'm a big fan of cryptocurrencies, so being able to use them for everything with FXGT is a huge plus. Opening accounts, making deposits, and withdrawing funds in cryptocurrencies is awesome and adds a modern touch to the trading experience. Love it!
FXGT ticks most of the boxes for me, but I wish they had options trading. Nonetheless, their swift deposits and withdrawals, availability of MetaTrader platforms, and responsive live chat support make it a reliable broker overall.
Maybe this feature has been out there forever, but I recently discovered it when I switched trading with FXGT. I am talking about the MQL5 Trading signals!
I've been hooked on this tab of the MT5 platform since then. Plus you can execute the trade directly from here, which makes it even easier to act fast when an opportunity shows up.
However, this would be useless if the execution speed on this platform is not adequate and the spreads are wide. No such thing here, everything works well and FXGT excelled in every aspect!
This company allows me to deposit in Yen and that's an advantage for Japanese traders. What I would like them to do is work a bit more on the research section. They could add news and analysis there.
FXGT.com stands out because it is a regulated broker. I feel secure when trading with this brokerage. I already made multiple withdrawals and all were completed without any issues.
Finding a broker that offers regular and occasional bonus programs can be tough, but not with FXGT. They have some awesome offers,including a no-deposit bonus that helped me get started without risking my own money. Thumbs up!
One of the reasons I started trading with this company has to do with their offer in terms of ECN accounts. Spreads are super tight. However, you have to consider up to $6 commission fee.
What I like most about FXGT.com is its diverse asset coverage. During the first two months, I traded FX, but since 2024 started, I $#*!ed to indices and energies. Things are going well so far!
After putting the pros and cons in the balance, I came to the conclusion that this is a suited option in Vietnam. Market coverage, costs and platforms are tailored.
The most feature-rich broker I know! It seems that this company can offer traders everything they may be looking for in trading. I like trading here!
I will admit that I do not have a lot of experience trading in the forex market, however, I have used some other brokers, and I like that I found FXGT. I think the accounts suit me better,
Don't question much the broker. Just open an account and get the finest service.
I traded some stocks and overall the operation was smooth.
The only way to get your investment back is to reach out to WEA LTHWATCHS, c 0m as they were the one that assisted me to get out of the mess this company put me into. FXGT dont grant withdrawals and they closed my accounts. I tried reaching out to them several times but i got no response and it was mentally draining.
Based on my personal experience, it would, be fair to say this broker has a balanced trading offer.
Answer: 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
Answer: 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.
Answer: 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.
Answer: 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.
Answer: 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.
Answer: 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.
Answer: 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.
Answer: 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.
FXGT.com has a rating of 2.1 stars from 28 reviews, indicating that most customers are generally dissatisfied with their purchases. FXGT.com ranks 346th among Investing sites.