FXGiants broker (founded in 2015) has emerged as a notable player in the forex and CFD trading space, offering traders access to multiple financial instruments with competitive conditions (Spreads and commissions from 0). But is it exactly the right broker for your trading? In this comprehensive FXGiants review, we'll explore everything that the company offers, from its trading platforms to account types, helping you have a better idea of FXGiants broker.
Company Information & Regulation Status
FXGiants positions itself as a customer-centric trading provider, offering access to over 300 financial instruments across multiple asset classes. While the broker operates globally, serving clients from more than 150 countries, it's important to note that it maintains a relatively low regulatory profile. Here are the key points about FXGiants:
- Founded: Operating since the early 2015;
- Regulated by: BMA (Bermuda);
- Available Languages: Multiple, including English, Chinese, Malay, Spanish, Vietnamese, Indonesian, and Portuguese;
- Customer Support: 24/5 multilingual support.
Summary of Specifics of FXGiants
Let's break down the essential features that make FXGiants stand out in the forex trading landscape:
Broker | FXGiants |
Account Types | Live Floating Spread, Live Fixed Spread, Live Zero Fixed Spread, STP/ECN No Commission, STP/ECN Zero Spread, STP/ECN Absolute Zero, Demo |
Regulating Authorities | BMA (Bermuda) |
Based Currencies | USD, GBP, EUR and JPY |
Minimum Deposit | $100 |
Deposit/Withdrawal Methods | Visa Card, Wire Transfer, Crypto, BitWallet, Union Pay, Skrill, Neteller |
Minimum Order | 0.01 |
Maximum Leverage | 1:1000 |
Investment Options | YES |
Trading Platforms & Apps | MT4 |
Markets | Forex, Metals, Indices, Commodities, Stock, Futures |
Spread | From 0.0 |
Commission | From $0 |
Orders Execution | Instant, Market |
Margin Call/Stop Out | 80%/20% |
Trading Features | VPS Hosting, Copy Trade |
Affiliate Program | YES |
Bonus & Promotions | YES |
Islamic Account | YES |
PAMM Account | PMAM |
Customer Support Ways | Live Chat, Contact Form |
Customer Support Hours | 24/5 |
FXGiants Types of Accounts
Trading at FX Giants has become more flexible due to its diverse account options. Here's what you can expect:
Account | Minimum Trade Lot | Leverage |
Live Floating Spread | 0.01 | 1:1000 |
Live Fixed Spread | 0.01 | 1:1000 |
Live Zero Fixed Spread | 0.01 | 1:500 |
STP/ECN No Commission | 0.01 | 1:200 |
STP/ECN Zero Spread | 0.01 | 1:200 |
STP/ECN Absolute Zero | 0.01 | 1:200 |
Demo | 0.01 | N/A |
The minimum deposit to start your trading journey with FXGiants is $100.
Advantages and Disadvantages of FXGiants
Let's examine what makes FXGiants broker attractive and where it could improve:
Advantages | Disadvantages |
Competitive spreads from 0 pips | Limited regulatory oversight |
High leverage | No MT5 platform available |
Multiple account types | Some high commission rates |
This can give you a better perspective on whether the broker is the right choice for you.
FXGiants Broker Signing Up & Verification process
Getting started with FX Giants is straightforward. Here's your step-by-step guide:
- Visit the official FXGiants website;
- Click "Open Account";
- Fill in basic personal information, including Mobile Number, Email, and country;
- Set a unique password;
- Agree to the terms and conditions;
- Click on “Verify Profile”;
- Fill in the identity information;
- Complete Economic & Financial profile;
- Verify your identity by submitting the necessary documents;
- Proof your address as required.
Pro Tip: Prepare your documents before starting the registration process to speed things up!
Trading Platforms to trade with
FXGiants provides the industry-standard MetaTrader 4 platform across multiple devices:
- MT4 Desktop;
- MT4 WebTrader;
- MT4 Mobile.
Despite the oldness of the platform, it has the following key features:
- Advanced charting tools;
- 30+ built-in indicators;
- Automated trading capability;
- Custom indicator support.
Spreads and Commission Structure
FXGiants offers competitive pricing structures across different account types:
Account | Spread (Pips) | Commission (Per lot) |
Live Floating Spread | 1.0 | No |
Live Fixed Spread | 1.2 | No |
Live Zero Fixed Spread | 0.0 | $9 |
STP/ECN No Commission | 1.7 | No |
STP/ECN Zero Spread | 0.0 | $3.75 |
STP/ECN Absolute Zero | 0.2 | N0 |
These diverse options allow traders to pick the best one that fits their trading style.
Deposit & Withdrawal Methods and Fees
The broker provides various payment methods to suit different needs:
Deposit Withdrawal Methods | Available Currencies |
Visa Card | JPY, EUR, USD, GBP, CHF |
Wire Transfer | EUR, USD, GBP, CZK, PLN, JPY, CHF |
Crypto | BTC |
BitWallet | JPY, USD |
Union Pay | CNY |
Skrill | EUR, USD, GBP |
Neteller | EUR, USD, GBP |
Note: Withdrawal requests are typically processed within 24 hours, but actual receipt time depends on the payment method.
Copy Trading & Investment Options
FXGiants offers robust copy trading solutions:
- Copy successful traders;
- Customize risk settings;
- Real-time performance tracking;
- Multiple strategy options.
It is notable that the broker offers an attractive PMAM account for those self-confident fund managers.
Bonus offerings and Promotions
The broker offers several attractive bonus and promotional programs:
- Bonus Maximiser: 100% bonus for all deposits with no limitation;
- Booster Bonus: all deposits up to $4,000 will result in a 40% bonus;
- Bonus Advantage: 60% bonus on all deposits up to $5,000.
The broker also offers an attractive IB Program:
- Earn up to $1,000;
- attract at least 3 new clients;
- Receive your commissions automatically.
FXGiants’ Support Team and Hours
Customer service is available 24/5 through two channels:
- Contact Form;
- Live Chat.
Support Features:
- Multilingual team;
- Technical assistance;
- Account management help;
- Trading guidance.
FXGiants Broker List of Restricted Countries
The broker doesn't accept clients from:
- United States;
- Iran;
- Cuba;
- Sudan;
- Syria;
- North Korea.
Necessary: Always check local regulations before opening an account.
FXGiants Broker Trust Scores & Reviews
The broker has a profile on the Trustpilot website, but its ratings have been removed because of the violation of the website’s policy for a number of comments being fake. Ratings are usually compiled from various user reviews and industry sources but cannot be the whole picture.
Conclusion and Final Words
After thorough analysis, FXGiants (founded in 2015) emerged as a broker with strong points and areas for improvement. The platform stands out for its competitive trading conditions, diverse account types (6 main accounts), and reliable MT4 platform integration. While the lack of strict regulation might concern some traders, the FXGiants broker compensates with excellent customer support and attractive bonus programs. Write your opinion about the FXGiants review in the comments.
