Minimum Deposit USD 10 Regulators SFSA MetaTrader 5 No 18 Islamic Account Yes Trading Fees ZERO fees, except Bank Wire 24 Hours
ZERO fees, except Bank Wire
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.
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.
ZERO fees, except Bank Wire
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
|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|
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.
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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?
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