📈 Popular:

Broker of the month

Top 27 Regulated Forex Brokers

Forex No Deposit Bonuses

Promotions

⚡ Easily Trade – Apple, Microsoft , Tesla and Google Stocks – Open a FREE Account Here

Best Brokers

1st Place

2nd Place

3rd Place

4th Place

5th Place

FXGT Sign Up Bonus

FXGT Sign Up Bonus

 

Overall Rating

4.5/5

Rated #92 of
Recommended FX Brokers

💰Minimum Deposit

USD 10 

🌐 Regulators

SFSA

📱 Trading Desk

MetaTrader 5

Crypto

No

📈 Total Pairs

18

☪️ Islamic Account

Yes

📊 Trading Fees

ZERO fees, except Bank Wire

🕒 Account Activation Time

24 Hours

🏛️ Visit Broker

 

Yes, an FXGT sign-up bonus of US Dollar 700 is offered for first-time sign-ups or beginner traders.

Traders who register a real account with FXGT are offered a first-time signup bonus which is regarded as a deposit bonus or a welcome bonus.

In addition, FXGT also offers traders with 30% anytime bonus of a maximum of US Dollar 20,000

Traders will not be able to withdraw these bonus amounts as it serves as bonus credits in their FXGT accounts. Traders have 30 days to claim their first-time signup and deposit bonus

Traders who register demo accounts will not be eligible for any of these bonuses until they register a real account.

Brokers often offer these broker bonuses to new traders in an effort to draw in more customers in addition to encouraging trading activities. Offering a deposit or welcome bonus is the best way in which to assure traders that they will receive some money back depending on the initial deposit made.

Various brokers also offer no deposit bonuses to traders in the same effort to draw in more customers and bonuses like this may aid not only the broker in acquiring new clients but also traders who have strict budgetary restrictions.

FXGT makes ample provision with this offer to not only attract new clients but to cater to their existing traders who have real accounts by providing some cashback credit when they make a deposit into their FXGT MT 5 trading account.

 

Referral Bonus

FXGT does not currently offer referral bonuses to new or existing traders who make use of the products and services offered by FXGT.

Referral bonuses are offered by brokers to traders in an attempt to draw in new clients and expand their customer base.

Often these types of bonuses have strict criteria that will have to be fulfilled before the trader can benefit from referring a friend or family member.

 

Overall Rating

4.5/5

Rated #92 of
Recommended FX Brokers

💰Minimum Deposit

USD 10 

🌐 Regulators

SFSA

📱 Trading Desk

MetaTrader 5

Crypto

No

📈 Total Pairs

18

☪️ Islamic Account

Yes

📊 Trading Fees

ZERO fees, except Bank Wire

🕒 Account Activation Time

24 Hours

🏛️ Visit Broker

 

Additional Bonuses, Promotions and Rewards

FXGT does not currently cater for trading bonuses and there are no current initiatives to reward loyal customers.

Trading bonuses serve the purpose of encouraging traders to increase their trading activity in addition to trading higher volumes to gain access to bonuses that offer some cashback.

 

Pros and Cons

✔️PROS CONS
Provision is made for first-time signup bonuses, otherwise known as deposit or welcome bonuses. No referral bonus offered
An additional 20% deposit bonus is offered to new and existing customers No trading bonus  offered

 

Conclusion

FXGT makes provision not only for new traders who register a real account but also for loyal customers and active traders who fund their trading accounts often. Through this, FXGT can attract new clients while ensuring that existing traders receive some compensation.

FXGT, apart from the bonuses offered, has a comprehensive and competitive offer which sets it apart from other brokers offering similar.

 

You might also like: FXGT Minimum Deposit

You might also like: FXGT Demo Account

You might also like: FXGT Fees and Spreads

You might also like: FXGT Account Types

You might also like: FXGT Islamic Account

 

FAQs

 

What is the difference between a demo and a live trading account?

A demo account is offered by broker companies and funded with virtual money that enables a prospective customer to experiment with the company’s trading platforms and its features, before setting up a real account funded with the customer’s actual money.

 

Does FXGT offer a demo account?

Yes

 

Can I convert my demo account to a live trading account with FXGT?

It is not indicated whether the demo account can be converted into a live account.

 

Which live trading accounts does FXGT offer?

FXGT offers on the only live account, namely the FXGT Trading Account.

 

What are the available deposit currencies for a live trading account?

USD, EUR, JPY

Author Details

Louis Schoeman

Louis Schoeman

Featured Forex and Stocks writer

Table of Contents

You might also like

Best Consumer Discretionary Stocks in Kenya

Retail and distribution opportunities in Africa’s developing economies are highly attractive to multinational corporations. Increasing household spending, which is forecast to reach $2.5 trillion by

Exclusive Markets Review

    Overall, Exclusive Markets offer traders a choice between three live account types, namely a Standard Account, Pro Account, and an Exclusive Account. Exclusive

eXcentral Review

  Overall, eXcentral offers the following account types: There are four account types offered at eXcentral: Classic, Silver, Gold, and VIP.eXcentral offers two trading platforms,

ForexMart Review

  Overall, ForexMart is considered a trustworthy, low-risk broker with leverage from 1:500, low fixed spreads from 0.0, minimal lot of 0.01, and a minimum deposit of $15